Whenever you find yourself on the side of the majority, it is time to pause and reflect. —MARK TWAIN (Location 215)
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$1,000,000 in the bank isn’t the fantasy. The fantasy is the lifestyle of complete freedom it supposedly allows. The question is then, How can one achieve the millionaire lifestyle of complete freedom without first having $1,000,000? (Location 264)
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How do your decisions change if retirement isn’t an option? What if you could use a mini-retirement to sample your deferred-life plan reward before working 40 years for it? Is it really necessary to work like a slave to live like a millionaire? (Location 277)
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Reality is negotiable. Outside of science and law, all rules can be bent or broken, and it doesn’t require being unethical. (Location 292)
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Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it. I call this the “freedom multiplier.” (Location 454)
Options—the ability to choose—is real power. This book is all about how to see and create those options with the least effort and cost. It just so happens, paradoxically, that you can make more money—a lot more money—by doing half of what you are doing now. (Location 459)
Retirement planning is like life insurance. It should be viewed as nothing more than a hedge against the absolute worst-case scenario: in this case, becoming physically incapable of working and needing a reservoir of capital to survive. (Location 573)
Capacity, interest, and mental endurance all wax and wane. Plan accordingly. (Location 592)
Few people choose to (or are able to) measure the results of their actions and thus measure their contribution in time. (Location 600)
More time equals more self-worth and more reinforcement from those above and around them. (Location 601)
“Someday” is a disease that will take your dreams to the grave with you. Pro and con lists are just as bad. If it’s important to you and you want to do it “eventually,” just do it and correct course along the way. (Location 611)
Get good at being a troublemaker and saying sorry when you really screw up. (Location 617)
It is far more lucrative and fun to leverage your strengths instead of attempting to fix all the chinks in your armor. The choice is between multiplication of results using strengths or incremental improvement fixing weaknesses that will, at best, become mediocre. Focus on better use of your best weapons instead of constant repair. (Location 623)