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Informative Articles

What is a Commercial Mortgage?
A commercial mortgage or commercial remortgage is a business loan which is secured against a commercial property. Commercial mortgages are often used to buy business premises, such as offices, shops, restaurants, or pubs. But they can also...

Tax Reform, My Way
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Market Cap Classification
Market capitalization, or market cap, refers to the value of a company and is a measure of company size. Market capitalization is the value you get when you multiply all the outstanding shares of a stock by the price of a single share. For...

How Do Washington Home Loans Work?
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Curing Yourself from Leaky Wallet Syndrome
Financial stewardship of a business empire or $100 bill require a particular psychology if they are going to survive over time in the same hands. The lack of this same psychology is why most lottery winners cannot hold onto the giant sums of...

 
Book Review of The One Minute Millionaire

The One Minute Millionaire combines a novel and textbook about the philosophy of the enlightened millionaire. The book is unusually designed to coach you in reaching financial freedom.

The left-hand pages of the book contain steps for commitment and action using real estate, investments, business, and the Internet. The right-hand pages are the inspirational story of a recently widowed young woman who must raise a million dollars to rescue her children.

This is an excellent collaboration between Mark Hansen, author the Chicken Soup for the Soul book series; and Robert Allen, author of Nothing Down, Creating Wealth, and Multiple Streams of Income.

The pages compliment each other by helping you learn a system for creating wealth that benefits others (as the authors point out, “like a hammer, money can be used to build or destroy”).

The authors use positive affirmations called Millionaire Manifestations. These affirmations help you form a strong commitment and prevent hysteresis (a scientific term that characterizes the tendency of materials to snap back to their original shape once pressure is removed).

Once your commitment to reach your goals has taken root, the authors describe the tools of leverage, mentors, teams, and networks. Characters in the novel put these concepts into practice while the textbook uses short stories, lists, explanations, illustrations, and web site activities.

This wealth-creating system combines skills and tools for real estate investing and running your own business. This book emphasizes that every minute is an opportunity for a million-dollar idea. The One Minute Millionaire builds your confidence and helps you energetically formulate an action plan to reach your financial goals.

This review is courtesy of John Q. Miller at http://www.MoneyLighthouse.com where you can find personal finance information to help you navigate through the fog of money management. You may purchase this and other personal finance books from the sight at an incredible discount too.


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