5 Reasons to Read 8 Secrets of the Truly Rich by Bo Sanchez

Here’s a blog that discusses why you should read the book of Bo Sanchez, 8 Secrets of the Truly Rich.

If you are from the Philippines, you probably heard about Bo Sanchez.

He is best known to be a preacher, speaker, and author.

However, aside from being a religious guy, Bo Sanchez wears a lot of hats.

He is an investment guru who teaches people in the poverty-stricken Philippines how to be rich through proper financial management and business acquisition, and stock market investment.

Bo has already written tens of books, but one that stood out for me is his book, 8 Secrets of the Truly Rich. Here’s a quick overview of the book.

  • Title: 8 Secrets of the Truly Rich
  • Subtitle: How You Can Create Material Wealth and Gain Spiritual Abundance At The Same Time
  • Number of pages: 213 (book version)

I have just finished reading this book and I’ll tell you why I love this book. Here are 5 reasons for you to read 8 Secrets of the Truly Rich.

Disclaimer: While I really like the ideas of this book, I don’t agree to everything Bo Sanchez teaches. Please read my fundamental beliefs here.

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Reason no. 1: It’s more than being rich

The book title didn’t simply say, “rich,” but the keywords here is, “truly rich.”

Bo argues in his book that we, as Christians, should NOT just simply stop being rich, but to be TRULY rich.

What he means by that is that you need not be just rich materially, but also spiritually.

He teaches that being rich is nothing if in the process you also sacrifice your relationship with others and God.

Reason no. 2: You get rich to become a blessing to others

In the book, Bo asked, “Why should I be rich?”

A lot of people wanted to be rich, but with the wrong motive.

However, Bo said that we must be rich with the motivation that we want to help other people.

We wanted to be rich so that we can also be a source of blessings to others.

Reason no. 3: You get a whole new perspective about being rich

In the book, you will read about the reasons people don’t prosper.

It has to do with

  • their thinking,
  • the way they  blame others for their situations,
  • the way they don’t commit to action,
  • and most importantly, the way they don’t accept responsibility.

As you can see, a lot of Christians detest the rich and even promote being poor.

The truth is this:

It is not a sin to become rich.

In fact, a lot of God’s servants in the past are rich people.

Examples are Abraham, Job, and David.

God blesses those people who have the right heart in handling their finances.

God blesses good people so that in turn, they become a source of blessings to others.

Read to read, 8 Secrets of the Truly Rich? Click here to read it.

Reason no. 4: You get an overview of how to be rich

The book isn’t really a practical guide to being rich.

It doesn’t show you the step by step actions that you should take to reach your financial goals.

It is more on an introduction and the book focused more on changing our attitude towards wealth.

When you read the book, you will soon realize that we have a lot of misconceptions about being rich.

For example, you might have seen how so many Christians have romanticized poverty.

For a lot of Christians, they think that God wants them to be poor.

After all, we read that a rich man will have a hard time entering the kingdom.

Not only that, but we read Christ’s teaching – “Blessed are the poor.”

Well, it is true that God is near to the poor.

However, God helps them as well, if they are willing, to come out of poverty.

God wants to bless His people according to His will and purpose.

Reason no. 5: This is not about the prosperity gospel

Let me tell you right off the bat: I don’t believe in the prosperity gospel.

In fact, I believe it is rubbish and one of the saddest ways preachers today take advantage of people’s ignorance.

This is the reason that I was a bit hesitant about reading this book.

It is written by a religious man and it seems to me that it is another prosperity gospel writing.

After reading this book, I immediately felt that it is not what I was thinking it is.

Bo Sanchez tells you in the book that everyone has their calling.

Some choose to be poor and not chase material wealth – and nothing is wrong with that.

They have their calling – to fully serve God in the best way they know how.

However, on the other side of the coin, Bo is saying as well that God wants to bless us.

If we do our best and God blesses our effort, then so be it!

Good things happen to those who work hard, those who persevere, and those who leave all things in God’s hands.

Bonus reason: Bo is a funny guy

What I love about Bo’s writing style is his sense of humor.

I tell you, he is such a funny dude.

I caught myself smiling and laughing while reading his book.

Best quotes from the book

By the choices that you made in the past (even the choice of not choosing), you were creating your life. You are where you are right now because of the choices you’ve made.

You become what you repeatedly do. You become poor because you have the poor man’s money habits.

If you want to make small incremental improvements in your life, change your behavior. But if you want to make dramatic, quantum leaps in your life, change your beliefs.

Some people remain poor because they believe they’re being punished, that it’s the will of God. hogwash. When God sees us in poverty, he weeps.

I believe that one of the biggest reasons why we don’t receive God’s blessings is because we rely on Him too much. We surrender to Him what He doesn’t want us to surrender: our stewardship.

Don’t expect God to do the very things he expects you to do.

God usually uses the sweat, the effort, the tears and the struggle you go through to form your character.

God designed us to work and trust—not just to trust.

Avoid bad debt like bad bacteria.

Do I recommend this book?

Absolutely, yes!

I highly recommend this book to everyone out there.

Of course, just wanted to let you know that I don’t subscribe to all the things Bo wrote in his books.

Needless to say, Bo and I have a different religious background.

Thus, it is not difficult to see why I would disagree with some of his points.

Nevertheless, the book is overall a great read.

It is short and you can read this within a week.

If in case you are thinking of checking out this book, you can read it on Kindle.

Here’s the link.

Check it out!

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