A Book Review of “The Millionaire Fastlane” by MJ DeMarco — Summarizing Main Points in Relation to Personal Experiences.
The Millionaire Fastlane by NJ demarco.
Do you buy lottery tickets hoping to be the next jackpot winner, is your bank account just an extension of your wallet, welcome to life on the sidewalk a world of cutting coupon, spending more than you earn and waiting hours for that free breakfast at IKEA.
I used to work at a restaurant and most of my coworkers were side walkers, they were nagging manages to give them their tips because they either needed the money for the rent or had to use it that night at a club, aside Walker’s philosophy is never plan more than 30 days ahead
you might not even be alive so live your life and enjoy the moment.
still don’t know what a sidewalk is turned on the TV and watch an episode of Judge Judy, you’ll see people suing their relatives 400 bucks side walkers will gladly trade their time for money they would travel and extra half hour in order to buy something that’s three dollars cheaper. the second type of person is a slowly growing up my dad taught me all about money he told me the importance of saving money for the rainy days, save the best for last he would say he would tell me about the marshmallow experiment which was a study done where marshmellows replaced in front of babies and the babies who resisted the urge to eat the first marshmellow later became more successful in life. Lamborghinis early retirement and leisure activities never came into question they were just things we’d never had because we weren’t born rich or super smart suicide Walker time is nothing but to a slow learner time is money life is about ready at a job saving money and being happy knowing that will be rich by the time we retire like most people under saline I was proud once every two weeks are covered will be full of junk food because my mom the sidewalk with stand her whole paycheck I remember one day she came home really happy and
said I got a raise of $1 more per hour that means we could go out for dinner twice a week instead of once in my dad and I would feel proud because I like my mom we knew how to save we are the experts after all because by the time he retired our mutual funds and the power of compound interest will make us rich I don’t know about you but I want to be on a beach in florida is surrounded by attractive girls while I’m young not when i’m sixty-five I don’t want to be a sidewalk either so what about the multi millionaires who are still young how do they do it there must be a way well there is welcome to life in the fast lane people in the fast lane save their money just like the sole owners the only difference is that they see the Lamborghini and early retirement they see the 400 percent pay raise while slowly enters work their asses off to add to their resumes people in the fast lane do not working jobs they are producers not consumers while people in the slow lane spend ten percent of their time at work learning and the other 90% doing repetitive tasks people on the fast lane then ninety percent of their time learning and 10 percent of their time hiring people to do it positive tasks for them people on the fast lane don’t buy stocks they sell stocks people in the fast lane don’t intending get rich quick seminars they create those owners they understand that those seminars are made of information regurgitate it from books and repackage to say workers were too lazy to read now that you know the difference between the three roads too well here are the three concepts I found most important when it comes to living life in the fast Lee they are the live action control and execution.