This is a book summary of The Wealthy Gardener by John Soforic.
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π CHAPTERS
0:00 – Introduction
1:16 – Top 3 Lessons
1:42 – 1. Life has seasons. Don’t rush them.
2:45 – 2. Money habits can outperform money-making.
4:09 – 3. It’s not what you want β it’s what you’re willing to tolerate.
π DESCRIPTION
The Wealthy Gardener is a series of stories told from the perspective of an old, wealthy man, who shares the financial wisdom heβs acquired over many years with the members in his community, showing them how to build wealth step-by-step through short yet meaningful anecdotes.
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the wealthy Gardener by John S sapharic summary from four-minute books written by Maria deak and read to you by Andy mayus one sentence summary the wealthy Gardener is a series of stories told from the perspective of an old wealthy man who shares the financial wisdom he’s acquired over many years with the members in his community showing them how to build wealth step by step through short yet meaningful anecdotes favorite quote from the author continuous effort not strength or intelligence is the key to unlocking our potential John soric even in the 21st century money is still a taboo Topic at many tables yet this aspect of Our Lives plays a huge role in everything we do from the way we live our lives to the places we have access to and everything in between money is part of our education or rather it should be the wealthy Gardener life lessons on Prosperity between Father and Son speaks clearly about this all important subject written by John sephor a man who achieved fin iial Independence through a real estate business as a way of conveying his financial wisdom to his son the book splits each chapter into a short fictional story and saori’s personal take on the lesson learned from that story it is packed with both financial and real life wisdom here are three of the most important lessons from this book that will change your life and money habits for the better one life has seasons and it’s best not to rush them but enjoy each one fully two money habits can outperform moneymaking in the accumul ulation of wealth three our lives are defined more by what we’re willing to tolerate than by what we truly want let’s explore these lessons in detail so you can improve your financial future lesson one life is meant to be lived fully enjoying the ride and taking each season as it comes life has a beautiful symmetry that just makes one stop and wonder just like nature humans too go through seasons of their own the wealthy Gardener had noticed in his lifetime one of the best pieces of advice he gave to his son is that he’ll go through different seasons and he should be enjoying all of them regardless according to the wealthy Gardener the first season lasts for about 30 years and this is when we learn about money we spend the next 30 Years earning it and the last 30 years burning it this lesson is particularly important because people in their 20s rush to make money and fear that they’re too late in life just like the wealthy Gardener’s son did the 20s are just like the spring season when we plant the seeds of our financial success perhaps knowing this will help you stop rushing comparing and putting yourself down take a moment to notice nature it does not rush nor should you have you ever seen nature not accomplish anything neither did I lesson two adopt healthier money habits to become rich instead of obsessing over making more money making money is the first step to becoming financially successful however what comes after is truly what sets apart the rich from the poor let’s start with the definition of being rich the book describes it as having a high net margin on life or more money than you need to spend if you cover all your expenses and still got room to spend if you wanted to you’re almost there The crucial step in wealth accumulation is to live below your means this implies spending modestly covering your expenses and saving the rest saving money is the single most powerful tool you need to become rich wealth comes from accumulating money and time rather than constantly worrying about having to produce more and not saving a dime in the meantime therefore take on your financial Independence journey and start saving money after you cover your expenses if you manage to do so you can call yourself rich now before we get into lesson number three if you want to learn even more about money and build better financial habits you should download a free list of the 14 best Finance books of all time after summarizing over 1,000 books we’ve curated these 14 top titles in a beautifully designed easily skimmable PDF it will help you pick your next great read about money well and investing just enter your email using the link below this video confirm in your inbox and we’ll instantly send you the list free of charge all right let’s dive into lesson number three lesson three we get whatever we’re willing to tolerate but even if we’re ready to step up most dreams take a fiveyear crusade to achieve the wealthy Gardener gave a piece of advice with tremendous importance to his son we get in life the poorest conditions we will tolerate to overcome adverse circumstances you must actively reject them then engage in chasing your dream now this is a complex lesson so let’s take it step by step we only get what we tolerate meaning that we accept the conditions imposed on us if your boss underpays you and you accept that you get what you tolerate if you engage in a job that you hate it’s the same situation wanting something will not get you where you want to be rejecting the status quo just might what will get you there is a 5-year plan or 5-year Crusade according to the author give yourself time to achieve your goals and set a plan to achieve them whether it takes 3 years or five or 10 with a plan and discipline you will get there if you want to get out of debt create a successful business or improve your condition you will need this mindset why because as the author says the key to success in any domain whether it’s money related or not is constant action it’s not intelligence or strength but continuous effort if you take small incremental steps daily you will go far in your endeavors keep this in mind for when you’re ready to embark on your Crusade hey this is Nick the founder of 4minute books and if you feel a little bit better equipped to handle your money after watching this video then you should watch this next one where we share even more tips and tricks on how to grow your money invest wisely and hopefully retire young click on through and let’s learn how to earn the big bucks