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Reviewed by Roy T. James for Readers' Favorite
8 Wealth Habits of Financially Successful People by Ron Malhotra deals with the steps necessary for creating wealth. Simple really, the author says, but not that easy; it needs discipline, planning, motivation, accountability and someone to watch over it, like a personal dietitian. The book dwells on these aspects of one of the most interesting topics of our life in a well structured and pragmatic course of instruction. The author gives the four D’s of success as Drive, Determination, Discipline, and the one thing I never could get used to, Delayed Gratification, which could explain beautifully the unsuccessful status of many. The whole gamut of such a serious strategy as this is explained in simple steps, each illustrated with suitable adages or phrases for easy recollection.
8 Wealth Habits of Financially Successful People by Ron Malhotra is a well structured, methodical document which can be easily adapted into one's style of life. Relatively new techniques like outsourcing and teamwork are also introduced, describing their possible use. The significance of choosing an apt financial adviser and the services to be expected from these pillars of one's success is stressed. This is a helpful guide for anyone interested in managing one's wealth better. Plenty of lists are provided to make practical application of these procedures easy. Suitable examples are given at the introduction of any new idea, making the interpretation of these precepts child’s play.