BOOK REVIEW
WHY YOU'RE BROKE!
A book with detailed reasons as to why people, especially youths, go broke. It entails instances and escape routes to financial instability.
HIGHPOINTS FROM THE BOOK “WHY YOU'RE BROKE” BY EMMANUEL AKPE.
1. Being broke is temporary, being poor can become permanent if not properly checked.
Nobody becomes broke by accident, it happens by our actions.
2. Know everything but just one thing first.
3. Time is life and life is time, that is why it's called lifetime
4. Making money is hard, staying broke is also hard, choose your hard.
5. When you have a high income skill, you have financial confidence
6. The easier it is to find your replacement, the less valuable you are.
7. Broke-ness doesn't know age, colour, gender or
shyness. Infact, the world has no place for shy people.
8. MONEY IS IN THE HANDS OF PEOPLE
9. Be accountable if you want to eat the vegetable of wealth.
10. Hang around millionaires and multimillionaires for a while you will start seeing millionaire opportunities and taking millionaire action.
11. There are three key metrics in the equation of wealth; Making money, saving or keeping money and multiplying or investing money.
12. As Elisha Mamman puts it best,"Never take money from someone who should impart you with grace.
13. Procrastination is a time bomb and it kills ideas faster than anything else.
14. Poverty travels and it is a constant guest to the man who fails to take prompt action on opportunities.
15. Process Is what you do, events are the results of what you do. Don't look at people's results(events), find out the work(process) they are doing
16. What you don't feed won't grow.
17. To escape the community of broke, rewire your mindset.
It is a must read to everyone out there, going through financial crises or wouldn't want to get stuck with a red bank account.