O'Reilly logo

The Rules of Wealth, 3rd Edition by Richard Templar

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

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 tips to help you give your money ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required