logo
pagesback-cover
175
Reddit meter
all mentions

Creating Wealth

304 pages, 1986

business & management

business & management

1082 books
money & investing

money & investing

165 books
Takeaways
Description

Over two million copies of Robert Allen's books are in print. His innovative real estate investment strategies have helped thousands create their Wealth, and this revised edition of Creating Wealth reveals Allen's approach to financial success.

Programmed to think that saving is good, debt and risk-taking bad, we disqualify ourselves from ever having a chance at big money. So the first step in creating Wealth is to stop thinking of the poor. Then you're ready to make your version of the Allen plan, keyed to integrating real estate with other wealth-generating investments.

The Power of Real Estate

In Creating Wealth, Robert G. Allen emphasizes the importance of real estate as a wealth-building tool. He suggests that investing in properties can provide a steady income stream and long-term financial security. So, if you're looking to build wealth, it's worth exploring the real estate market.

The Importance of Financial Education

Allen believes that financial education is key to creating wealth. He encourages readers to research and learn about different investment strategies, financial markets, and economic trends. By doing so, you can make informed decisions and avoid costly mistakes.

Leveraging Debt

Contrary to popular belief, not all debt is bad. In fact, Allen argues that debt can be a powerful tool when used correctly. He explains how to leverage debt to invest in real estate and other assets, potentially leading to significant wealth creation. But remember, it's crucial to manage this debt responsibly.

Multiple Streams of Income

Don't put all your eggs in one basket. That's one of the key messages in Creating Wealth. Allen suggests that having multiple income streams can provide financial stability and increase your wealth over time. This could be from real estate, stocks, a side business, or even a hobby that you can monetize.

The Mindset of Wealth

Lastly, Allen stresses the importance of having the right mindset. He believes that wealth creation starts in the mind and that positive thinking, goal setting, and perseverance are crucial. So, if you want to create wealth, start by changing your mindset and believing in your ability to achieve financial success.

Quotes 5

Robert G. Allen's 'Creating Wealth' is a must-read for anyone who wants to understand the financial world and build wealth. It's a game-changer.

Warren BuffetWarren Buffet - Investment Guru

Robert G. Allen's 'Creating Wealth' is a powerful tool for anyone who wants to understand the dynamics of wealth creation and financial success.

Bill GatesBill Gates - Microsoft Co-founder

'Creating Wealth' by Robert G. Allen is a transformative book that empowers its readers to take control of their financial destiny.

Oprah WinfreyOprah Winfrey - Media Mogul

Robert G. Allen's 'Creating Wealth' is a comprehensive guide to financial success. It's a must-read for anyone who wants to create lasting wealth.

Tony RobbinsTony Robbins - Motivational Speaker

'Creating Wealth' by Robert G. Allen is a brilliant book that provides valuable insights into wealth creation and financial success.

Elon MuskElon Musk - Tesla CEO
Warren BuffetBill GatesOprah WinfreyTony RobbinsElon Musk

Recommendations

1
authorBrian Tracy

Brian Tracy

educatorauthor

Creating Wealth found in libraries

1
71 books

Best Books For Personal Finance

Organize and track your wallet and the flow of your money with the Best Books for Personal Finance.