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TRUMP UNIVERSITY WEALTH BUILDING 101

3. Receive automatic investor rates of return.
4. Pay attention to your money .
5. Adopt my automatic money system.
6. Become fi nancially responsible.
7. Live debt-free.

My Seven Practices of the Rich are simple, and use common sense, but
they are far from common. They may not be particularly glamorous, but their
results are spectacular. Anyone who uses my Seven Practices can change

their current financial position from uncertainty to security, and from scarcity to
prosperity. Let’s go into more detail, so that you fully understand their power.

Pay Yourself First

The first practice of the wealthy is to pay yourself first. This does not mean

going to the mall and buying a new shirt or television. That is not paying
yourself; that is paying someone else. After all, how much real value do you
actually receive from that shirt or television 10 or 20 years from now? Abso-
lutely none!
Pay yourself fi rst means that you invest your money so it grows for you,
ideally through an Automatic Investment Plan (AIP). An AIP is any program
where money is withdrawn, automatically and regularly from your paycheck
or your checking or savings account, and invested on your behalf. Invest this
money in a mutual fund, stock, or any other investment vehicle. Where you
should place your AIP is based on your personal preference and investment
expertise. We cover that topic in just a moment. The important thing right
now is to understand the importance of starting and the cost of procrastina-
tion. Many people intend to start an AIP type investment program, but never
do. Why do people put off such a huge, critical step to fi nancial success?
There are three primary “stories” people tell themselves that prevents them
from becoming rich. These stories appear real, but they’re simply not true.

They are financial self-sabotage. Let me share them with you.

Story 1: A small amount of money put aside each month won’t really make
a difference. I need to get something bigger that will happen faster.

For most people, this never even vaguely occurs. Instead, they end up
with nothing. Most rich people get rich on small amounts of money invested

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