July 2015
Beginner
272 pages
4h 30m
English
Content preview from The Rules of Wealth, 4th Edition
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RULE 101
Find ways to give people money without them feeling they are in your debt
I love this one. It is such a challenge to give money to people who:
- haven’t asked for it
- need it
- deserve it
- will use it wisely/well.
And the challenge is to get them to accept it without feeling indebted to you, beholden, grudging, guilty, whatever. This is one of those rules we all ought to practise no matter how much money we have. I reckon you get to start as soon as you become a parent and give your kids big money for cars and things. They are always saying ‘I’ll pay you back’, and you know they won’t. But if you can give them money without all that stuff being attached to it, you are doing well.
There are a variety of approaches to help you give your ...
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