FU Money Summary(Dan Lok). The 8 myths that is keeping you from making your FU Money.(Part 1)
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According to Dan Lok, “F.U. Money is the “enough is enough” number—when you get to a point when you don’t have to take shit from anybody when you make
enough money that you’re able to say fuck you to anyone, anywhere
(including your boss) without consequence.”
It is the freedom that money was given to you from financial worries that rich people experience… freedom from stress and debt… freedom from a daily office routine.
In this book, he describes that there are 8 myths that keeping you from making your FU money. They are
FU Money Myth #1: Money Can’t Buy Happiness
Riches may not bring happiness, but neither does poverty. – Sophie Irene Loeb
People say that money can’t bring happiness but it not true because money can buy freedom or time. The time that we buy trough money pursue happiness and personal growth, the freedom to help others, and the freedom to do whatever you damn well, please. It is like the math equation where A=B and B=C where A=C.
Money gives you a choice. It gives you the power to do the
things you want to do when you want to do
them. What could possibly be wrong with
that?
F.U. Money Myth #2: Rich People are Assholes
If you don’t like Rich, you can forget about being Rich.
Many people think that rich people are bad. And Dan said that media love to point out that “rich people are assholes.” Why
do they say this?
Because it makes poor people feel better about themselves.
You can the richest people donate a lot of money in a charity like Warren Buffet, Bill Gates and many more. The most of richest people in this world are the most kind, nicest,
happiest, most generous people.
F.U. Money Myth #3: You Can Afford to Wait
Make huge sum of money consitently requires a set of skills.
Maximum people think that the only to became Rich id to get safe and high paying job that you a put little money at the end every month and when you are 65 yrs old then, Enjoy. I don’t know who the heck said that buy I can’t wait to lie that. You are saying I am just being Patient that there is a big difference between waiting for what you want and being patient for what you want.
F.U. Money Myth #4: You Have to be Lucky You
You don’t just be rich, You must earn the right to be rich.
Many people think that if Rich people are lucky and they are just different from all of us. So, People try there lucky and buy lotteries and someone just wins millions and then everybody buys the lotteries but after a year the one who wins the lotteries became broke again.
To earn FU money you don’t need money it needs skills, talent, ability, and knowledge. If people became rich buy just by luck then. Nobody will buy Books and course.
F.U. Money Myth #5: You Have to Be a Cheapskate
Foucs on making dollers, not pinching pennies.
People think that we have to set a budget. Dan said to give the fuck about that because he said it easier to make more money than it is to spend less. Rich people say that don’t buy what you don’t like. People are saying that If I want to be rich I have to say every penny. If you act like poor than your mindset will be like poor. If you act like rich your mindset will be like rich.
F.U. Money Myth #6: You Have to Get Rich Slow
You can’t be a Millionaire with 50 thousand dollor a year habits.
Many people think that you can be rich but very slow by saving money. Enjoying the money when you are retired. It is just lame. I think that when we are Old we don’t think much about the money. We think them when we can really enjoy. And I think that when we are energetic we should live our life and In the old age, we should train the new generation and give money to the charity that we own.
F.U. Money Myth #7: You Have to Work Hard to Make Money
Don’t just work hard, work hard at working smart.
You believe that working hard will help you to become Rich but that is not the truth. If it is true then show me the rich Donkey in this world.
I’ll like you to describe two-man. They both make good money but the differences are the first one work 80-90 hours a week who rarely come home and time spend with his wife and children and the second one work 20-30 hours amd spend time with his wife and children and he also do exercise daily. What do you think who will have a good relationship? I am not talking about the first one is bad. When we think simply the one who spends time with his family will have good relationships. I am not saying that working hard is bad or I don’t believe in hard work but do you think your hard work is worth and I am telling you that don’t be the donkey.
F.U. Money Myth #8: You Have to be Perfectly Ready
Rich people make themselves do what thay don’t know-until they know how to do it.
Do you think that “success is when preparation meets opportunities”? I am telling you’ll never te totally prepared for opportunities. If you want to meet this above condition then you will never find it because you have entrepreneurs world you have to do it whether you are prepared or not you to take action. When you are going to start your first business Do you think you will be prepared? I think that you will be fell incompleted You will think I should do that then that. You have to just take action. I am not saying preparation is bad. I am saying you will never meet that condition in your life.
This is the part 1 of the FU Money Book summary.
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