
Wealth Insights
Description
Book Introduction
3 million cumulative views, Naver blogger Bua C The 5-Step Key to Wealth Discovered by Understanding the Rules of Money Success stories of the top 1% of wealthy people who have succeeded in investing or business are widespread, but for the average office worker, these stories don't resonate with them. To become like them, you need to be invested or engaged in business with the mindset of a corporate asset owner, but the risks involved are too great to quit your job and jump into. To become rich, you must consistently reduce failures. If you absolutely want to achieve financial freedom in the near future, start doing what you can right now. The author, an ordinary office worker in South Korea, achieved financial freedom in his early 40s while working. How was it possible? This book doesn't tell the story of how only one or two out of ten people succeed, but how even ordinary people can become free from the constraints of money and time. If we properly understand and utilize the capitalism we live in, anyone can achieve economic freedom without relying on corporations. Capitalism is a system that forces people to work by making them feel the fear of poverty. If you can't escape poverty, you'll have to work your whole life. But let us not be afraid. "Wealth Insights" explains the capitalist system in five steps and reveals how to use it as a tool to become wealthy. If I don't let myself be dragged into capitalism and use it properly, capitalism will eventually work for me. |
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Preview
index
Recommendation
prolog
Step 1.
The harsh reality of capitalism
01 Work Life
Another name for office worker, slave
41 is the peak of economic activity
Outside the office, hell or heaven
From certain death to a life that can be lived
24 hours a day, life for the company
02 A society that creates envy
Why Lotto Winners Become Unhappy
The Fall of the Happiest Country
The masses follow the fashions of the upper class
The happiest city in South Korea
03 Polarized Society
Capital>Society of Labor Income
People who live in the same place but in different worlds
Consume or invest
When your thoughts change, the people you meet change.
04 Future Society
A society ruled by a minority
The emergence of virtual worlds
Henry Ford's foresight
05 Korean Society
Aging Republic of Korea
A life of deficit awaits
South Korea's excessive isolationism
Step 2.
The essential spirit of capitalism
01 Desperation
Time is power, time is money
Recommended books for those who lack urgency
The power to not give up in desperate moments
02 Antifragile
An attitude that thinks of gains rather than losses
The safest thing is the most dangerous thing
The fate of fish in a fish tank without natural enemies
Negative emotions can also be empowering
03 A perspective that looks 10 years ahead
Small Habits That Will Lead to Success in 10 Years
Park Sae-roi's 15-year plan
the goose that lays golden eggs
04 Feelings toward others
The core of capitalism is human selfishness.
The mindset a rich person should have
Your thoughts are valuable too
05 difference
The best seats are not crowded.
Differentiation from others
People who make a difference in consumption
Step 3.
Essential Habits of Capitalism
01 Routine
The importance of routine
Routine, Habits for Victory
How to Create a Routine
02 Reading Habits
Poor paternal family and rich maternal family
People who don't read books
Why Reading Books is Hard
03 Energy Management
A life of 'leverage'
Things that drain my energy
A Day in the Life of Manager Kim Geun-yang and Manager Park Ru-tin
04 Extreme Experience
Living on ten thousand won for a month
Holding on to a plummeting stock
Living like a Chinese person for 6 months
05 Cognitive dissonance
Pretending to be rich when you're not
Jim Carrey's Cognitive Dissonance: Making Imagination Real
Step 4.
How to make money
01 Earned Income
Amazing benefits of work
People who can go all-in on the company
Resigning prematurely is a shortcut to ruin.
02 Real estate income
There is no rich man without a home.
The house you live in is the house I want to buy
A strategy I would implement if I were 27 years old
03 Stock Income
A Good Mind, the Basics of Stock Investing
Patience: How to Survive a Bear Market
Things to keep in mind when investing in stocks
Things to Avoid When Investing in Stocks
04 Content Income
Making myself known and increasing my value
Write consistently every day, blog income
Unrestricted freedom, e-book income
05 Business Income
Business, a perfect challenge to fail
The world of easy side hustles for office workers
Relaxed differentiation instead of exhausting competition
Step 5.
Things as important as money
01 Human Relationships
People like this should be 'cut off'
Beware of people who speak with difficulty.
I need to raise my level to meet high-level people.
02 Marital Relationship
There's no later time, take care of those closest to you first.
Economic concepts as important as love
03 Children's Education
Develop study habits through play
Parents should set an example for their children, not demand it of them.
04 Health
Life comes before work
Time to recover from stress
05 Myself
The most precious value in a capitalist society
Life as a slave and life as a master
Epilogue
prolog
Step 1.
The harsh reality of capitalism
01 Work Life
Another name for office worker, slave
41 is the peak of economic activity
Outside the office, hell or heaven
From certain death to a life that can be lived
24 hours a day, life for the company
02 A society that creates envy
Why Lotto Winners Become Unhappy
The Fall of the Happiest Country
The masses follow the fashions of the upper class
The happiest city in South Korea
03 Polarized Society
Capital>Society of Labor Income
People who live in the same place but in different worlds
Consume or invest
When your thoughts change, the people you meet change.
04 Future Society
A society ruled by a minority
The emergence of virtual worlds
Henry Ford's foresight
05 Korean Society
Aging Republic of Korea
A life of deficit awaits
South Korea's excessive isolationism
Step 2.
The essential spirit of capitalism
01 Desperation
Time is power, time is money
Recommended books for those who lack urgency
The power to not give up in desperate moments
02 Antifragile
An attitude that thinks of gains rather than losses
The safest thing is the most dangerous thing
The fate of fish in a fish tank without natural enemies
Negative emotions can also be empowering
03 A perspective that looks 10 years ahead
Small Habits That Will Lead to Success in 10 Years
Park Sae-roi's 15-year plan
the goose that lays golden eggs
04 Feelings toward others
The core of capitalism is human selfishness.
The mindset a rich person should have
Your thoughts are valuable too
05 difference
The best seats are not crowded.
Differentiation from others
People who make a difference in consumption
Step 3.
Essential Habits of Capitalism
01 Routine
The importance of routine
Routine, Habits for Victory
How to Create a Routine
02 Reading Habits
Poor paternal family and rich maternal family
People who don't read books
Why Reading Books is Hard
03 Energy Management
A life of 'leverage'
Things that drain my energy
A Day in the Life of Manager Kim Geun-yang and Manager Park Ru-tin
04 Extreme Experience
Living on ten thousand won for a month
Holding on to a plummeting stock
Living like a Chinese person for 6 months
05 Cognitive dissonance
Pretending to be rich when you're not
Jim Carrey's Cognitive Dissonance: Making Imagination Real
Step 4.
How to make money
01 Earned Income
Amazing benefits of work
People who can go all-in on the company
Resigning prematurely is a shortcut to ruin.
02 Real estate income
There is no rich man without a home.
The house you live in is the house I want to buy
A strategy I would implement if I were 27 years old
03 Stock Income
A Good Mind, the Basics of Stock Investing
Patience: How to Survive a Bear Market
Things to keep in mind when investing in stocks
Things to Avoid When Investing in Stocks
04 Content Income
Making myself known and increasing my value
Write consistently every day, blog income
Unrestricted freedom, e-book income
05 Business Income
Business, a perfect challenge to fail
The world of easy side hustles for office workers
Relaxed differentiation instead of exhausting competition
Step 5.
Things as important as money
01 Human Relationships
People like this should be 'cut off'
Beware of people who speak with difficulty.
I need to raise my level to meet high-level people.
02 Marital Relationship
There's no later time, take care of those closest to you first.
Economic concepts as important as love
03 Children's Education
Develop study habits through play
Parents should set an example for their children, not demand it of them.
04 Health
Life comes before work
Time to recover from stress
05 Myself
The most precious value in a capitalist society
Life as a slave and life as a master
Epilogue
Detailed image
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Into the book
The safest thing in this world is to learn and adapt to new ways of doing things.
That's the safest.
All learning must be learned both theoretically and practically.
There are many cases where you learn by breaking things in real life, but it is better to break things at a young age, even if it is just for one day.
What you might later break into hundreds of millions or even hundreds of thousands of won, you can break into now and learn from it with hundreds of thousands or even hundreds of thousands of won.
This is true antifragility.
The most dangerous life in the world is one that does not know danger.
So, it can be said that those who have experienced capitalism head-on from a young age are the safest.
People must make themselves antifragile through challenges.
Those who choose the easy path and avoid challenges end up living the most dangerous lives.
---From "The Safest Thing Is the Most Dangerous"
The more leverage I have, the higher my energy level becomes.
The more leverage I have, the lower my energy level becomes.
The things I choose and decide for myself increase my energy level.
When I am directed by others, my energy level drops.
Therefore, to increase your energy level, you need to increase the proportion of leverage.
When you leave a company, you have nothing left.
Coworkers are colleagues who were only colleagues while working at the company, and we no longer interact with each other.
I can gain useful experience at work that will help me, but when I leave the company, the achievements I made at that time are no longer mine.
Because the company runs just fine without me.
It is a vain life to risk everything for something that has a short lifespan.
Because my work life is short, but my life is long.
I need to leverage what's possible for a sustainable me.
---From "A 'Leveraged' Life"
Most stock investment mindsets are associated with bear markets.
In a bull market, everyone makes money, so there is no problem.
But half the time you're in the stock market, it's a bear market.
You may not believe it, but it's true.
And since the pain of a decline is 2.5 times greater than the joy of an increase, you would think that a bear market would last much longer than a bull market.
It doesn't make much difference which company you invest in.
What this means is that if you can't withstand a bear market, you won't be able to enjoy a bull market either.
That's why I want to emphasize how to endure a bear market.
Whenever you are investing in stocks and a bear market comes and you feel psychologically tired and want to sell, I recommend reading this article.
That's the safest.
All learning must be learned both theoretically and practically.
There are many cases where you learn by breaking things in real life, but it is better to break things at a young age, even if it is just for one day.
What you might later break into hundreds of millions or even hundreds of thousands of won, you can break into now and learn from it with hundreds of thousands or even hundreds of thousands of won.
This is true antifragility.
The most dangerous life in the world is one that does not know danger.
So, it can be said that those who have experienced capitalism head-on from a young age are the safest.
People must make themselves antifragile through challenges.
Those who choose the easy path and avoid challenges end up living the most dangerous lives.
---From "The Safest Thing Is the Most Dangerous"
The more leverage I have, the higher my energy level becomes.
The more leverage I have, the lower my energy level becomes.
The things I choose and decide for myself increase my energy level.
When I am directed by others, my energy level drops.
Therefore, to increase your energy level, you need to increase the proportion of leverage.
When you leave a company, you have nothing left.
Coworkers are colleagues who were only colleagues while working at the company, and we no longer interact with each other.
I can gain useful experience at work that will help me, but when I leave the company, the achievements I made at that time are no longer mine.
Because the company runs just fine without me.
It is a vain life to risk everything for something that has a short lifespan.
Because my work life is short, but my life is long.
I need to leverage what's possible for a sustainable me.
---From "A 'Leveraged' Life"
Most stock investment mindsets are associated with bear markets.
In a bull market, everyone makes money, so there is no problem.
But half the time you're in the stock market, it's a bear market.
You may not believe it, but it's true.
And since the pain of a decline is 2.5 times greater than the joy of an increase, you would think that a bear market would last much longer than a bull market.
It doesn't make much difference which company you invest in.
What this means is that if you can't withstand a bear market, you won't be able to enjoy a bull market either.
That's why I want to emphasize how to endure a bear market.
Whenever you are investing in stocks and a bear market comes and you feel psychologically tired and want to sell, I recommend reading this article.
---From "Patience: How to Endure a Bear Market"
Publisher's Review
Leverage your earned income to build a smart wealth system!
Freedom from money and time is within reach.
It is often said that having an apartment where you can live with your family without worrying about moving is an ordinary life.
But as time goes by, it becomes more and more difficult to even achieve that ordinary life.
If you want to be free from dependence on work and free from money and time, you need realistic solutions.
If you look for solutions within your workplace, you will only become more and more of a slave to your workplace.
The real answer lies in taking advantage of the benefits your job offers.
We need to create a wealth system centered on earned income.
The author, who had been devoted to his company with the firm belief that he could achieve financial freedom through work, applied the money rules of the rich to reality.
He created a wealth system with the labor income he earned from the company, accumulated assets, and achieved financial freedom.
In other words, the company was leveraged.
In "Insight into Wealth," the author reveals the rules of money he learned through trial and error.
Even ordinary people can accumulate wealth and acquire both money and time without relying on earned income if they know the rules of money.
The way we work, think, act, have relationships, be happy, and have habits.
Get on track to becoming rich!
Capitalism enriches society as a whole, but in the process it creates inevitable disparities.
Moreover, as time passes, the value of labor and the value of money decline, and the gap in assets gradually widens, making the polarization of wealth inevitably more pronounced.
Before the value of my labor declines further, I need to listen to the habits and attitudes of the rich.
If you know what was different about how they worked, how they handled money, and how they treated the people around them, you can see the path to becoming rich.
If you want to make 'economic freedom' a reality rather than a dream, thinking and acting in a way that will make you rich will bring you one step closer to a rich future.
『Wealth Insights』 explains in five steps a realistic way for ordinary people to acquire wealth.
Step 1 - First, we must properly understand the harsh reality of capitalism.
If you live in a capitalist society and don't know the system, you will be dragged around by money your whole life.
People who are not ready to quit their jobs because they are satisfied with their regular paychecks will eventually try to stay at the company for even one more day.
If I want to use capitalism, I have to understand reality first.
Step 2 - Understand the mindset and way of thinking of the rich.
What mindset led them to think and act so quickly that they achieved economic freedom earlier than others? We examine the capitalist spirit that led the wealthy to success through the lens of desperation, antifragility, a ten-year perspective, empathy for others, and differences.
Step 3 - Rich people clearly have common habits that attract wealth.
If you want to be rich, you need to know what habits they have.
In Step 3, we will explore the habits of the rich by dividing them into routines, reading habits, energy management, extreme experiences, and cognitive dissonance.
Step 4 - If you've re-established your mindset and habits for capitalism and becoming wealthy, Step 4 reveals how to use your steady income to build wealth.
We'll introduce how to leverage your business, how to invest with the seed money you save from your salary, and how to create a steady cash flow outside of your salary.
Not only that, it also reveals in detail the secrets to success on how to differentiate yourself from others and gain an advantage.
Step 5 - If you only look ahead and run, you often end up missing out on important things around you.
If you want to become truly rich, you must surround yourself with good people.
Step 5 talks about the values and attitudes in life that come with recognizing that money is just as important as anything else and setting different goals.
Freedom from money and time is within reach.
It is often said that having an apartment where you can live with your family without worrying about moving is an ordinary life.
But as time goes by, it becomes more and more difficult to even achieve that ordinary life.
If you want to be free from dependence on work and free from money and time, you need realistic solutions.
If you look for solutions within your workplace, you will only become more and more of a slave to your workplace.
The real answer lies in taking advantage of the benefits your job offers.
We need to create a wealth system centered on earned income.
The author, who had been devoted to his company with the firm belief that he could achieve financial freedom through work, applied the money rules of the rich to reality.
He created a wealth system with the labor income he earned from the company, accumulated assets, and achieved financial freedom.
In other words, the company was leveraged.
In "Insight into Wealth," the author reveals the rules of money he learned through trial and error.
Even ordinary people can accumulate wealth and acquire both money and time without relying on earned income if they know the rules of money.
The way we work, think, act, have relationships, be happy, and have habits.
Get on track to becoming rich!
Capitalism enriches society as a whole, but in the process it creates inevitable disparities.
Moreover, as time passes, the value of labor and the value of money decline, and the gap in assets gradually widens, making the polarization of wealth inevitably more pronounced.
Before the value of my labor declines further, I need to listen to the habits and attitudes of the rich.
If you know what was different about how they worked, how they handled money, and how they treated the people around them, you can see the path to becoming rich.
If you want to make 'economic freedom' a reality rather than a dream, thinking and acting in a way that will make you rich will bring you one step closer to a rich future.
『Wealth Insights』 explains in five steps a realistic way for ordinary people to acquire wealth.
Step 1 - First, we must properly understand the harsh reality of capitalism.
If you live in a capitalist society and don't know the system, you will be dragged around by money your whole life.
People who are not ready to quit their jobs because they are satisfied with their regular paychecks will eventually try to stay at the company for even one more day.
If I want to use capitalism, I have to understand reality first.
Step 2 - Understand the mindset and way of thinking of the rich.
What mindset led them to think and act so quickly that they achieved economic freedom earlier than others? We examine the capitalist spirit that led the wealthy to success through the lens of desperation, antifragility, a ten-year perspective, empathy for others, and differences.
Step 3 - Rich people clearly have common habits that attract wealth.
If you want to be rich, you need to know what habits they have.
In Step 3, we will explore the habits of the rich by dividing them into routines, reading habits, energy management, extreme experiences, and cognitive dissonance.
Step 4 - If you've re-established your mindset and habits for capitalism and becoming wealthy, Step 4 reveals how to use your steady income to build wealth.
We'll introduce how to leverage your business, how to invest with the seed money you save from your salary, and how to create a steady cash flow outside of your salary.
Not only that, it also reveals in detail the secrets to success on how to differentiate yourself from others and gain an advantage.
Step 5 - If you only look ahead and run, you often end up missing out on important things around you.
If you want to become truly rich, you must surround yourself with good people.
Step 5 talks about the values and attitudes in life that come with recognizing that money is just as important as anything else and setting different goals.
GOODS SPECIFICS
- Date of issue: August 17, 2022
- Page count, weight, size: 304 pages | 508g | 148*210*20mm
- ISBN13: 9788960306073
- ISBN10: 896030607X
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카테고리
korean
korean