Thoughts on Financial Freedom from the Millionaire Mind

Last week, I was perusing through Goodreads looking to find my next great read when I stumbled upon some quotes from T. Harv Eker, the author of Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth

His book made it on the New York Times bestseller list and became #1 on the Wall Street Journal’s business book list. Apparently, I wasn’t paying attention because his book managed to slip right by me despite my fondness of reading.

A Brief Overview

T. Harv Eker, born in Toronto, Ontario Canada, is a motivational speaker and businessman who claims that we each possess a “financial blueprint” that dictates how we relate to money. He believes that by altering this financial blueprint, we can increase our chances of becoming wealthy.

Some of T. Harv Eker’s theories from the book were considered controversial and presented the idea that the reason why so many people remained poor, was because they were unwilling to make the necessary sacrifices in order to succeed.

People in line wating for meal assistance.

In his opinion, the unsuccessful prefer to “play the role” of the victim and claim they have no control over their financial well-being. He also believes that guilt keeps people from getting ahead financially, and if we change our mindset to “think about wealth as a means to help others”, we can then free ourselves of that guilt.

The following is a list from Eker’s book highlighting 17 ways the financial blueprints of the rich differ from the poor:

Wealth File

  1. Rich people believe “I create my life.” Poor people believe “Life happens to me.”
  2. Rich people play the money game to win. Poor people play the money game to not lose.
  3. Rich people are committed to being rich. Poor people want to be rich.
  4. Rich people think big. Poor people think small.
  5. Rich people focus on opportunities. Poor people focus on obstacles.
  6. Rich people admire other rich and successful people. Poor people resent rich and successful people.
  7. Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.
  8. Rich people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.
  9. Rich people are bigger than their problems. Poor people are smaller than their problems.
  10. Rich people are excellent receivers. Poor people are poor receivers.
  11. Rich people choose to get paid based on results. Poor people choose to get paid based on time.
  12. Rich people think “both”. Poor people think “either/or”.
  13. Rich people focus on their net worth. Poor people focus on their working income.
  14. Rich people manage their money well. Poor people mismanage their money well.
  15. Rich people have their money work for them. Poor people work hard for their money.
  16. Rich people act in spite of fear. Poor people let fear stop them.
  17. Rich people constantly learn and grow. Poor people think they already know.

– T. Harv Eker, Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth. Source: Goodreads.


Where We Agree

Despite the controversy surrounding some of his beliefs, we do support many of his theories. One in particular is when he says, “Rich people prefer to have their money work for them. Poor people work hard for their money.”


For us, this is a no brainer. Whether it be equities, real estate, or some other vehicle – investing is the only way to increase our net worth outside of our standard salaries. We are also big believers in reducing our fixed and variable expenses, but unfortunately, frugality will only take you so far. Therefore, we feel we must invest in order to grow our  nest egg.

Where We Disagree

We feel his very first theory “Rich people believe “I create my life”. Poor people believe “Life happens to me” is an irresponsible statement. Although we understand the point he is trying to relay in that we are what we choose to make of ourselves, there are those individuals who are trapped in unfortunate financial circumstances.

For example, some people are suffering from physical and mental illnesses, or devote their lives to taking care of a loved one in need. Some individuals may simply come from challenged backgrounds and lack the education necessary to dig themselves out.

These scenarios alone can all contribute to the obstacles one may face in overcoming their financial burdens, especially where many can become depressed and despondent from their current situations, making it harder for them to dig themselves out.

Therefore, despite our core belief that” you can do anything you set your mind to”, we must not lose compassion for those individuals who are facing real financial adversity.

Bottom line: Whether we agree or disagree with the 17 theories found in the book Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Eker, it’s in intriguing read nonetheless.

What are your thoughts on T. Harv Eker’s theories? 





6 thoughts on “Thoughts on Financial Freedom from the Millionaire Mind

  1. I completely agree with the point that a lot of people choose to resent the rich. To them, failure is never their fault. It’s “the system” thats holding them down. Never mind the fact that most rich people worked very hard to get to where they are today.

    Liked by 1 person

    1. Very well said! What many don’t realize is that “the system” holding them down, is the same exact system we all have to work with. Rather than blaming the successful for not getting ahead, maybe those individuals should try to learn a thing or two from them.


  2. The book “Rich dad, poor dad” is the best book which I ever read in my whole life! It changed my life and totally changed my view of life, how to life your life fully and doing what you want every day, and not doing what other people want, every day. I highly recomment this book to all those who want to live with financial freedom and enjoy life!

    You can find the book here :
    You won’t regret it! 😀

    Liked by 1 person

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