![]() ![]() Nobody will save you, so you must save yourself. The world can be a very difficult place. Create your own opportunity!ģ) Depend on no one but yourself to succeed. There is only so much you can save and an endless amount you can make. Focus on wealth creation through investing and entrepreneurship rather than just being frugal. There is no reason why you can't build your own fortune. There are trillions of dollars in the world for the taking. Get on that 6am bus!Ģ) Always maintain an abundance mindset instead of a scarcity mindset. When you look back on your life, your biggest regrets will be the things you didn't do and the things you half-assed. You can fail because of superior competition, bad luck, or poor execution, but you cannot fail because you didn't try your best. The Core Principles Of Financial Samuraiġ) Never fail due to a lack of effort because effort requires no skill. To be a Financial Samurai is to be someone who follows these five principles. In addition to creating a will, buying life insurance, and setting up a revocable living trust, it's a good idea to expand Financial Samurai so that somebody can take over or contribute to the platform regularly once I'm gone.įinancial Samurai is not just me. Now that I'm a father, I regularly think about how to ensure taking care of my son and wife if I were to die prematurely. But after 13 years of running Financial Samurai and having over 1,000 people ask me the same thing, it would now be wrong not to. I resisted putting anything formal together because to do so felt a little bit arrogant and presumptuous. Over the years, many readers have asked, “What does it take to become a Financial Samurai? Do you have a set of core principles to follow?” ![]()
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