The Rules of Wealth

I’ve never read any business related personal development books, nor anything along the lines of Rich Dad, Poor Dad which I’ve heard about from other affiliates. However, having recently spent nine and half hours sitting around Gatwick Airport due to flight delays that situation changed. Anyone who’s been to Gatwick will know that there’s very little to actually do once you’ve toured all the shops, had a coffee, had something to eat, read the papers, look at the cars at the Best of the Best stand, and toured round the shops again.

The best thing to do is pick up a book, get comfy (!) and sit and wait! The book in question was Rules of Wealth by Richard Templar. Described as a personal code for prosperity, the book caught my eye simply because it was the non-fiction title of the week, and was also available as a “buy one get the other half price” promotion. the blurb on the back tells you that “The Rules of Wealth analyses the behaviours, the mindsets, and the financial know-how behind becoming a richer, happier, and more prosperous you”.

Is it any good? Well, if you’re into this kind of book then you’ll probably like it. It’s well laid out, easy to read (there are 100 rules, and each rule takes up no more than a couple of pages, making it easy to pick up/put down at your leisure), and does manage to sustain interest.

The book isn’t preachy in the slightest and most certainly isn’t a “hands up if you want to be rich, send me a few thousand dollars” book. Most of the content is just plain and simple common sense! For example “if you don’t trust someone don’t do business with them” and balance work with actually having a lifestyle as well. Templar also encourages readers not to get into debt (e.g. don’t spend it before you’ve got it), not to flaunt their wealth (once they have it), don’t envy what others have, and don’t get money by being bad!

The approach Templar takes does mean there’s some useful tips for everyone – especially those in the affiliate world, whether they’ve been around a long time or taking their first steps in creating an online business. The book won’t make you wealthy (you’ll be £4.99 down for starters if you buy from Amazon, although the RRP is £9.99), but it may help reaffirm or focus your own ideas about wealth and your own prosperity.

1 Comment The Rules of Wealth

  1. Clarke January 24, 2007 at 9:41 pm

    People always tell me I should read this or that book, and they always sound interesting but I am like, I don’t read books, I read websites LOL 😉 maybe I should. An all round great guy I once had the fortune to meet and work with, a guy called Bo Bennet who inspired me to become more than I ever thought I could be wrote a book (http://www.yeartosuccess.com/), and if it’s a true reflection of him then I guess it too will be very good. Certainly the information on the site about it sounds very interesting and I should really get myself a copy 😉

    Anyway to pick up on the examples you give from the book you have read:

    if you don’t trust someone don’t do business with them

    Have to agree, some times you’re tempted to work with the wrong types for the money but it only ends up making more issues. Some people wonder why I turn away so and so Merchant and the answer is simply if I think I can’t work with you, then I can’t work with you 😉

    balance work with actually having a lifestyle as well

    Hard one when you first start building a business, you really need to put lifestyle on hold at the start, however once you do “make it” be sure and not spend too much time on lifestyle and less on working, as that can backfire also.

    Templar also encourages readers not to get into debt (e.g. don’t spend it before you’ve got it)

    Always good advice, however not always easy to follow as there is some times where you have to get in to debt such as your first home, this is debt until you have paid it off or sold the house, and then it becomes an investment 🙂

    not to flaunt their wealth (once they have it)

    I don’t consider myself to have “wealth” like many people I know who do have “wealth”, I certainly have done very well so far by my own criteria. Anyway flaunt is a weird one as just because you can afford a top range car and you buy it doesn’t mean your flaunting it, of course if you drive about shouting “look at me, I am loaded and your a beggar” then that’s a different kettle of fish 😉

    don’t envy what others have

    Impossible, everyone will always envy other people for something, not always material things. However I think health envy where you think I would like to be like that or have that and work on your own personal goals to get it is a good thing. We have mutual friends who have a lovely place in Portugal, and I think wow what an amazing thing they have for themselves and their family (and special friends) to enjoy. Now I could run out and get a million pound mortgage and have myself one of them but I couldn’t afford to fund it and soon find myself in debt.. So yes, I have a bit of envy but purely of the good kind and they are people who deserve fully what they have achieved and should be rightly proud of this achievement but personally think the greater achievement in this day and age is having great kids who are very polite, respectful and nice normal happy kids (even the adult one LOL).. one thing I hope I am managing to do with my son, well actually my wife is the one that’s great at that, I just take the credit from time to time LOL 🙂

    and don’t get money by being bad!

    Well I am not about to rob a bank, however being bad is subjective, for example I promote loans and credit cards on one of my sites. Now some people would say that was bad as I am helping people to get in to debt, where as I don’t think it is as you need these things in modern society. And then you have grey areas! Anyway I am no robbing banks for me 🙂

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