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The Secrets of Buying

I've long considered myself a fantastic buyer. Notice I don't say shopper - that alludes to a hobby or form of entertainment. To me, buying is serious business.

Even before I had any serious degree of financial success, many people assumed I was rich because of my material posessions. I guess most people could pull that off by maxing credit cards, but I was actually socking money away for later.

How do I do it? Read on...

The most important thing to remember is value. Sounds obvious, but nearly everyone ignores value on a daily basis. Value means that you're getting the most for your money - not that you're saving the most money necessarily. A Rolex at $1000 might be an incredible value, but a Timex could be a rip off at $150.

Book Review: The E-Myth Revisited

I just read a book that is challenging a how I see the world, like the Dip did many months ago. Like the dip, this book talked a lot about things I knew I SHOULD be doing, but didn't really understand why. I'm a stubborn person, so understanding the "Why?" is really important for me to actually make changes.

The book is called "The E-Myth Revisited". I'd heard about it and had it recommended to me over the years, but hadn't gotten around to reading it because the name sounded absolutely terrible. That's my stubbornness, again.

In a nutshell, the book is about how to to organize, run, and think about your small business. Different examples in the book actually made me nervous because it was as if they were describing me personally. Problems that I've run into were described with psychic accuracy, and solutions were described which made me think, "oh, of course!". Needless to say, I will probably be making some big changes as a result of the book.