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The Rules Of Wealth Book Review – Your Code for Prosperity and Plenty

The Rules Of Wealth Book Review

Before we delve into The Rules Of Wealth let's clear up the old 'Money can't buy happiness' argument.

Money Influences Happiness Through Freedom, Not Meaningless Possessions

There always has been debate over the ‘money buys happiness’ statement and always will be.

Over the last few years as I’ve built my online businesses I’ve found that money can buy or at least influence happiness via freedom.

When you have money you don’t have to do things that you would have to otherwise, you aren’t stuck in one location, you can travel where you want and outsource things you don’t want to do.

If however you expect to find happiness by buying big houses or new cars, well you’ve stepped on the hedonic treadmill and there’s no getting off.

Money in a way allows you to eliminate forms of unhappiness in your life.

New boss constantly on your case? If you've got money you can comfortably quit without having to worry about the stack of cash for your bills that's due to be deducted from your savings account the following day. If you've got enough cash in the bank (if you've built wealth!) you can laugh in his face and never come back.

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Richard Templar states that there are 10 categories people choose to spend their wealth on:

A home of your own and enough money put aside to support you now and later in life.

A comfy house, a comfy car and all chores such as washing, iron and babysitting being taken care of by someone else whenever you desire.

Expensive clothes, tropical holidays, fancy dinners...

 The ability to travel by land, air and sea in first class.

Invitations and access to exclusive people and events.

Being able to give and express your opinion and ideas to the masses.

Not worrying about bosses, bills, loans or being a financial burden to your family.

The time and ability to go where you want and do what you want without compromise.

Being able to entertain extravagantly and often.

Being able to donate to causes you feel strongly about to make a difference.

Templar runs through over a hundred rules for generating wealth to achieve whatever you desire out of the above.

Below you'll find my summary on the key concepts and rules that, if implemented and followed correctly will help you change your financial future.

You Must Think About Wealth The Right Way

Wealth Doesn't Discriminate

It doesn't matter who you are, where you were born or how old you are - money doesn't discriminate.
Money doesn't know or care who's hands its in, therefore you don't need to 'qualify' to become wealthy... you simply need to make the decision that you're going to take control of your financial future and get to work on doing so.

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Don't look or wait for permission because that time will never arrive. Make the decision and put in the work.

Define What Wealth Means To YOU

Making the decision to become wealthy is all well and good... but how can you become wealthy if you haven't defined what wealth actually is?!

Lacking a definition for wealth is like getting in your car without a destination in mind, you can never succeed and say you've made it because you haven't the slightest clue where 'it' is.

Once again, there's no right or wrong answer..


  • "Wealth to me is being able to live on the interest earned from my investments"
  • Wealth to me is having two million dollars in my savings account"
  • Wealth to me is having enough money to take the family on two vacations a year and still having enough money set aside to cover any and all bills and emergencies"

You Don't Have To Be Ruthless To Get Wealthy

There's a misconception among the lower and middle class that all wealthy individuals are ruthless, immoral and straight up greedy, selling their family members and stopping at nothing to make cash.

A percentage of fortunes where built upon deception and ruthlessness without a doubt.

You do not and should not need to take this path to amass wealth, you can make bank and sleep at night too provided you choose a legitimate vehicle to build your wealth.

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As Google says 'Don't be evil'.

To Get Money You Must Understand Money

There are many individuals out there that're supremely intelligent when it comes to general knowledge and book smarts... but financial literacy is a whole different ball game.

In order to amass money you must understand money.

In order to understand money you must be willing to become a student once again and learn:

  • What's the difference between cost and value?
  • What is an opportunity cost?
  • What's your risk tolerance?
  • What investment vehicle best aligns with your goals and time frame?
  • Read the financial papers and news


  1. Understand anyone can build wealth regardless of who or where they are
  2. Set a measurable target of what wealth is to you
  3. Become a student of the game and learn the language of money

On Getting Wealthy...

Take Inventory Of Where You Are

Before you begin on the road to riches you must first understand where you are.

Document ALL of your incomings and outgoings in a spreadsheet, quite often it's not until we see things on paper that we realize where we're making big mistakes or oversights.

Document any and all bills and budgets and streams of income.

Plug  The Leaks In Your Sinking Ship!

Do you have multiple credit cards with outstanding balances? Do you have a cable television subscription package that's draining your bank account that rarely gets put to use?

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This is the time to throw those things overboard that're causing your vessel of wealth to sink!

This may mean eliminating unnecessary expenditure on subscriptions, this may mean using your current savings to pay off that one particular credit card with an extremely high interest rate and consolidate the remainder.

Plug that leaking money as best as you can.

Dress For Success (Even Before You Are Successful!)

You will never be taken seriously and be able to mingle with financially literate if you don't pay attention to detail.

Wearing shabby, old, poor fitting clothes is a prime example of a lack of attention to detail.

Dress for success, fake it 'till you make it... however you want to say it.

Dress well, buy clothes that fit well and you'll immediately begin to receive more respect and thus increase your chances of spending time with and gaining knowledge from wealthy role models and mentors.

Do not underestimate this step.

Money Breeds Money - (Understand Compound Interest)

The rich get richer and the poor get poorer is 100% correct.

As Templar says, money breeds fast like rabbits!

You may have a high income, but unless you're putting money aside to breed it won't be able to multiply itself will it?!

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Compound interest is said to be the 8th wonder of the world and given an initial sum of money and time you'll find compound interest has the power to turn a mere snowball into an avalanche.

Without putting money aside for breeding you'll only be working FOR money, all wealthy individuals understand that the key is to make your money work FOR you.

Know Your Level of Risk (And That It Changes As We Progress Through Life)

Every investment vehicle comes with a level of risk and a rate of return, generally the higher the risk the more lucrative the return...

If you're 25 years old and have no dependents and a chunk of cash stashed aside in case of an emergency do you think you'll be able to subject yourself to a more lucrative investment opportunity than the 60 year old man that's winding up his career, about to enter the retirement stage of his life?


The younger and more risk averse may look into the likes of penny stocks, aggressive index funds etc. where the individual with a low tolerance for risk who requires their money in the near future will benefit from a lower return investment with the luxury of a lower risk profile (think: term deposits, high interest savings accounts etc.).

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The man that bets his fortune on the roulette wheel knows he has a chance to double his bet, but he also knows that the odds of losing are greater than that of his chances of success.


  1. Take inventory of your current financial situation
  2. Plug any money leaks by cancelling unnecessary expenditure and consolidating debt
  3. Dress as if you were already a success
  4. Understand & identify your risk level based upon where you're at in life
  5. Put aside some money and allow it to breed!

>>Pick Up Your Copy Of Richard Templar's The Rules Of Wealth Here<<

Scott J.
Scott J.
I’m SJ. I’m a fitness enthusiast and published author. I transformed my body from a skinny fat 135lbs with 18% body fat to a solid 192lbs at 8% body fat. I became qualified in a field I was passionate about. I founded several online businesses that allow me to pursue ideas and projects in my life that I am passionate about without having to constantly worry about money. I published several eBooks explaining the training and dieting techniques I used to achieve the body I have today. I learnt a plethora of new information on dieting and fitness by reading and applying what I read, to find out what does work and what doesn’t work, because as I’m sure you’ve noticed the health and fitness industry is full of non-sense claims and BS. I found out what was true and what worked for me and applied that knowledge. And you bet I had fun during the whole process.

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