20 Proven Money Rules That Improved My Finances

Naval Ravikant gives 20 rules on how to get rich without getting lucky and how he was able to go from nothing to having a net worth of over $60mil these are his top 20 rules for wealth and earning more money.

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How to get rich without getting lucky 39 rules for wealth by Naval

Seek Wealth, Not Money or Status: Strive to build long-term wealth rather than focusing solely on short-term gains or social status.

You’re Not Going to Get Rich Renting Out Your Time: Time is limited; focus on scalable ways to generate income, such as creating assets or businesses.

Embrace Accountability and Take Business Risks Under Your Own Name: Taking responsibility for your actions and decisions is key to personal and financial growth.

Learn to Sell and Learn to Build: Selling and creating are fundamental skills for success. Develop them to thrive in various aspects of life.

Become the Best in the World at What You Do: Aim for excellence in your chosen field. Being the best often leads to unique opportunities and financial success.

Play Long-term Games With Long-term People: Build relationships with individuals who share your values and are focused on long-term success.

Learn to Value Yourself: Understand your worth and don’t undersell yourself. Set high standards and aim for equitable exchanges.

Learn to Code: In the digital age, coding is a valuable skill that can open up various opportunities and enhance problem-solving abilities.

Invest in Yourself: Prioritize self-education, personal development, and acquiring skills that can contribute to your long-term success.

Understand the Mathematics of Higher Education: Consider the cost-benefit analysis of higher education and explore alternative paths to acquire knowledge and skills.

Cultivate Awareness and Focus: Mindfulness and focus are critical for success. Cultivate self-awareness and the ability to concentrate on meaningful tasks.

No One Is Going to Save You: Take control of your life and financial well-being. Relying on others to save you is not a sustainable strategy.

Learn to Sell: Sales skills are essential in various aspects of life. Mastering the art of selling can lead to success in business and personal relationships.

Become the Best in the World at What You Do: Strive for excellence in your chosen field to stand out and create valuable opportunities for yourself.

Play Long-term Games With Long-term People: Cultivate relationships with individuals who share your values and are committed to long-term success.

Learn to Spot Opportunities: Develop the ability to recognize and capitalize on opportunities that others may overlook.

Always Look for Optionality: Seek choices that offer multiple positive outcomes. Optionality provides flexibility and mitigates risks.

Don’t Be the Chess Piece, Be the Player: Take control of your life and decisions. Being proactive rather than reactive leads to greater autonomy.

Avoid Decision Fatigue: Simplify your life by minimizing unnecessary decisions. Focus your energy on high-impact choices.

Learn to Sell and Learn to Build: Mastering the skills of selling and building is crucial for success in various endeavors.

Become the Best in the World at What You Do: Striving for excellence in your chosen field creates unique opportunities for success.

Strive for Peace of Mind: Cultivate inner peace and contentment. External success is more meaningful when accompanied by internal harmony.

Develop a Bias Towards Simple Action: Simplify your approach and take consistent, straightforward actions toward your goals.

For the rest of them check out his videohttps://youtu.be/1-TZqOsVCNM?si=bMvPnw1QZ3o8tOYa

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