The Top 10 Reasons the Rich Go Broke: Powerful Stories That Will Transform Your Financial Life. Forever

by John MacGregor, Robert T. Kiyosaki (Foreword by)

Overview

THIS BOOK ISN’T JUST FOR THE RICH, IT’S FOR YOU Although this book is about why the rich go broke, the core message is why people go broke and why so many are never able to achieve their financial dreams. Unlike the thousands of traditional “how-to” personal finance books that use traditional methods that rarely induce change, these stories elicit something deep within that allows you to achieve lasting financial freedom and peace of mind you want, and you deserve. There are two ways to share knowledge: you can push information in, or you can draw information out with story. A good story, well told, can change the world. After 25 years in the trenches guiding thousands of individuals and small business owners, John MacGregor opens the vault to share 10 incredible stories that have the power to transform your financial life forever. In this book MacGregor reveals for the first time “The B.E.A.R. Trap,” THE underlying reason why so many people suffer financially. This book answers and solves: • Why 78% of people are suffering from financial stress and anxiety • Why 65% of people could not come up with $500 today for an emergency expense • Why money is the #1 source of stress in our society • And, why this problem is getting worse—not better—despite all the information available. This book is not just about putting more money in your pocket, it’s about changing your life forever. The Million-Dollar Lesson: LEARNING FROM YOUR MISTAKES IS SMART. LEARNING FROM OTHER PEOPLE’S MISTAKES IS GENIUS.

Product Details

ISBN-13:	9781947588097
Publisher:	RDA Press, LLC
Publication date:	05/26/2020
Pages:	240
Sales rank:	258,229
Product dimensions:	6.00(w) x 8.90(h) x 0.70(d)

About the Author

John MacGregor has been a leader and innovator in the financial services industry for over 25 years.



He has been recognized as one of the top financial planners in the nation by The Consumer Research Council and one of the most influential retirement planners by The Boston Research Group.



John’s passion is helping people understand how easy it is to live a financially secure life if they have the right mindset and process. He has helped thousands upon thousands of individuals create successful financial futures through his breakthrough methods. His unique approach to creating financial security, which he developed through his long-term relationships with various prestigious financial institutions has made him a highly sought after media personality.



His paradigm shifting brain based financial system not only addresses the specific knowledge and tools one needs to have a secure financial platform, it is also designed to help people become highly aware of the blocks that have stopped them taking the necessary steps to improve their financial lives. John has found that once people have insight as to what has blocked their financial success, it is then and only then that they are able to start to change their thinking, actions and behaviors so that they may implement the systems and methods that will lead them to financial success.

Table of Contents

Foreword Robert Kiyosaki xi

Part 1 The Trap

Chapter 1 Why I Wrote This Book 2

Chapter 2 Cut to the Chase 6

Chapter 3 Grandparents, Minnesota, and Lasagna 14

Chapter 4 The Trap 23

Chapter 5 How Bad Is It? 38

Part 2 The Top Ten Reasons The Rich Go Broke

Chapter 6 Reason One: Empty Rooms, Packed Garage 56

The Breakdown - Trap One: Stuck on the Outside 63

Chapter 7 Reason Two: I Trust My Advisor 70

The Breakdown - Trap Two: Blind Faith 79

Chapter 8 Reason Three: I Don't Need Advice 90

The Breakdown - Trap Three: Resting in Arrogance 98

Chapter 9 Reason Four: It's Too Late 104

The Breakdown - Trap Four: In the Wake … 111

Chapter 10 Reason Five: I Don't Have Time 116

The Breakdown - Trap Five: Who Needs Tomorrow? 124

Chapter 11 Reason Six: Our Kids Won The Jackpot While We Carried the Slot Machines on Our Backs 130

The Breakdown - Trap Six: Up in Smoke 137

Chapter 12 Reason Seven: The Double J 143

The Breakdown - Trap Seven: Addiction 154

Chapter 13 Reason Eight: The Big Leagues 159

The Breakdown - Trap Eight: Strike Three … You're OUT! 170

Chapter 14 Reason Nine: I Have an Amazing Idea! 175

The Breakdown - Trap Nine: The Grass is Always Greener 184

Chapter 15 Reason Ten: My Company Will Take Care of Me 194

The Breakdown - Trap Ten: Living in the Bubble 202

Part 3 Time to Transform

Chapter 16 My Story: Going Home 212

Chapter 17 It's Time to Transform Your Destiny 216

About John MacGregor 224

Resources 226

What People are Saying About This

From the Publisher

“I respect John. He is real and has dedicated his life to this important subject. He is a true professional…and a student of his profession. Whenever I have a question on financial planning, he is my “expert” advisor on the very important world of financial planning.” – Robert Kiyosaki, Best-Selling Author of Rich Dad Poor Dad

"The neurological research is clear, stories are one of the most effective ways to stimulate the brain areas that support rapid learning and behavioral change. During his decades of financial planning, MacGregor has carefully chosen powerful stories which have positively transformed his client’s relationship with money. This book, which shares those mistakes so you won’t make them, is a must read if you are struggling financially and want more peace of mind in your life. It’s game changer."
– JW Wilson, Executive Director The Learning Code Institute

"The Top 10 Reasons the Rich Go Broke is a window into our subconscious. With ten riveting real-world stories, John MacGregor shows us what can happen if we allow destructive beliefs to dictate our actions. He then follows with experienced advice on how to avoid these calamities. You will turn the pages fast in anticipation of the next captivating story to learn another critical lesson. This is a must read and gives you the gift of learning from the mistakes of others, so that you can avoid the pain and create the life of your dreams."
– Tom Burns MD, Real Estate Entrepreneur and Author of Why Doctors Don’t Get Rich