The Secret of WealthAccording to Franklyn Hobbs, the secret of wealth is no secret and it isn't new. As he points out, "for more than 2,000 years, it has been understood that the person who was poor and let it be known, and made little or no effort to rise above poverty, was largely responsible for his own unhappy condition." In this book, Hobbs explains exactly how to take responsibility for one's own financial well-being. "Wealth is a state of mind or perhaps 'twould be better to say that wealth is created through a state of mind.. The acquiring of money and property, once begun, is a simple and easy process; growing rich comes through habits that are such fixed parts of one's daily life that, once on the road to wealth, it would be quite difficult, if not wholly impossible, to stop the growth." |
From inside the book
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Page 15
... dollars brings nothing to any one - unless it is so spent that " while one lives one may enjoy more fully the good things of life . ” The first of all good things is that one shall have comfort and independence as long as he lives- that ...
... dollars brings nothing to any one - unless it is so spent that " while one lives one may enjoy more fully the good things of life . ” The first of all good things is that one shall have comfort and independence as long as he lives- that ...
Page 16
... dollars honestly ? " he asks . " Whoever says that is wanting in industry , or courage , or integrity , or aptitude . " " How is it that some men live in abundance , and have something to spare , while others can scarcely obtain the ...
... dollars honestly ? " he asks . " Whoever says that is wanting in industry , or courage , or integrity , or aptitude . " " How is it that some men live in abundance , and have something to spare , while others can scarcely obtain the ...
Page 20
... dollar rolls by the door unseen . How many people we can call to mind who have skimped and slaved all their lives only to die poor . True economy is the wise handling of not only our money but our things . Taking care of what we have ...
... dollar rolls by the door unseen . How many people we can call to mind who have skimped and slaved all their lives only to die poor . True economy is the wise handling of not only our money but our things . Taking care of what we have ...
Page 26
... dollars annually . It is not desirable to try to stamp out individ- uality or the touches of our own personality in the things we possess but it is surely desirable to eliminate the freakish and the grotesque . Lines of simplicity and ...
... dollars annually . It is not desirable to try to stamp out individ- uality or the touches of our own personality in the things we possess but it is surely desirable to eliminate the freakish and the grotesque . Lines of simplicity and ...
Page 37
... dollar is saved , it goes into the bank and immediately back into circula- tion and everybody gets the use of it just as though it was spent but that dollar still belongs to the one who first saved it . " It is not so hard to earn money ...
... dollar is saved , it goes into the bank and immediately back into circula- tion and everybody gets the use of it just as though it was spent but that dollar still belongs to the one who first saved it . " It is not so hard to earn money ...
Contents
Section 22 | 129 |
Section 23 | 134 |
Section 24 | 138 |
Section 25 | 141 |
Section 26 | 144 |
Section 27 | 147 |
Section 28 | 157 |
Section 29 | 169 |
Section 9 | 54 |
Section 10 | 57 |
Section 11 | 63 |
Section 12 | 70 |
Section 13 | 75 |
Section 14 | 76 |
Section 15 | 78 |
Section 16 | 85 |
Section 17 | 86 |
Section 18 | 97 |
Section 19 | 98 |
Section 20 | 115 |
Section 21 | 122 |
Section 30 | 170 |
Section 31 | 176 |
Section 32 | 181 |
Section 33 | 184 |
Section 34 | 193 |
Section 35 | 198 |
Section 36 | 204 |
Section 37 | 207 |
Section 38 | 219 |
Section 39 | 228 |
Section 40 | 230 |
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Common terms and phrases
accumulated acquired American automobile bank account become began Bethlehem Steel Company better billion dollars Bobby Bobby Burns bought cash cents CHAPTER clothes comfort corporation Country Daniel DeFoe desire diamond cross dime dollars economy everything expenses extravagant farm father fellow foolish fortune friends frugality give greatest grow rich habit hand happiness hard hundred income independence investments keep labor less look Lucius Annaeus Seneca luxuries man's Mark Hanna means merchant millionaire millions mind month never opportunity over-consumption pennies perity person pleasure pocket poor possess poverty profit prosperity railroad rience road Robert Burns Robinson Crusoe salary saver saving money shoes sinking fund spend money spent taxes things Thomas Edison thought thousand thrift Thucydides tion wages waste wealth week wise woman women worth young
Popular passages
Page 121 - He is an American, who leaving behind him all his ancient prejudices and manners, receives new ones from the new mode of life he has embraced, the new government he obeys, and the new rank he holds. He becomes an American by being received in the broad lap of our great Alma Mater.
Page 58 - They joined in desiring him to speak his mind, and, gathering round him, he proceeded as follows : — " Friends," says he, " the taxes are indeed very heavy ; and, if those laid on by the government were the only ones we had to pay, we might more easily discharge them ; but we have many others, and much more grievous to some of us. We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly; and from these taxes the commissioners cannot ease...
Page 52 - Neither a borrower nor a lender be ; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.
Page 121 - ... all his ancient prejudices and manners, receives new ones from the new mode of life he has embraced, the new government he obeys, and the new rank he holds. "He becomes an American by being received in the broad lap of our great Alma Mater. Here individuals of all nations are melted into a new race of men, whose labors and posterity will one day cause great changes in the world.
Page 154 - It will be time enough to enjoy an estate when it comes into our hands ; but if we anticipate our good fortune, we shall lose the pleasure of it when it arrives, and may possibly never possess what we have so foolishly counted upon.
Page 58 - Neighbours, the Taxes are indeed very heavy, and if those laid on by the Government were the only Ones we had to pay, we might more easily discharge them; but we have many others, and much more grievous to some of us. We are taxed twice as much by our Idleness, three times as much by our Pride, and four times as much by our Folly, and from these Taxes the Commissioners cannot ease or deliver us by allowing an Abatement.
Page 34 - Then he goes on to warn his hearers how there is always a counterfeit in this world of the noblest message and teaching. Thus there are two freedoms — the false, where a man is free to do what he likes ; the true, where a man is free to do what he ought.
Page 23 - The longer I live, the more I am certain that the great difference between men, between the feeble and the powerful, the great and the insignificant, is energy — invincible determination ; a purpose once fixed and then death or victory. That quality will do anything that can be done in this world, and no talents, no circumstances, no opportunities, will make a two-legged creature a man without it.
Page 178 - Washington can never be otherwise than well. — The measure of his fame is full. — Posterity will talk of him with reverence as the founder of a great empire, when my name shall be lost in the vortex of Revolutions...