For this post, I will be sharing my thought on The Money Tree Formula, an article by Robert G. Allen.
The Money Tree Formula by Robert G. Allen
I love readings and I love financial books or articles, especially those with practical advice. Among the article that I like best is The Money Tree Formula – by Robert G. Allen (PDF).
When I read the first part of the article, I knew I had read it somewhere not long ago. But, I just can’t recall where I read it before.
It’s a long article but it’s worth every second of your reading. I agree when he said we must have multiple sources of income to secure our financial future.
Here is what he means by M.o.n.e.y T.r.e.e.:
- M – Multiple Streams of Income
- O – Outstanding
- N – Nothing Down
- E – “Employee-resistant.”
- Y – “Yield”
- T – Trend and Timing
- R – Residual
- E – Essential to Everybody Everyday
- E – Enthusiasm
Do read the articles yourself for his complete M.o.n.e.y T.r.e.e. formula.
Robert G. Allen is a successful financial writer and one of the most influential investment advisors of all time. You can find more information about him on his official website.
Among his best-selling books are Nothing Down, Multiple Streams of Income, How Ordinary People Make Extraordinary Money Online, Creating Wealth: Retire in Ten Years Using Allen’s Seven Principles of Wealth, and The Road to Wealth.
Final thoughts
Hope you’ll find his article inspiring too. Happy reading!
Fantastic article. It’s a long one, but worth every seconds of it. Thanks for sharing yan. I sure hope I won’t become like the monkey who got caught while trying to get the peanuts. Tough world out there, hope everyone manages to strive through a path that works for oneself.
Ching Ya, thanks for dropping by. I am sure you’re the smart gal type 🙂 Smart gal knows the right way to survive ;p