IWillTeachYouToBeRich - More money rules I’ve learned

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Reader,

Today, I thought I'd share some money rules that I've learned along the way. Some of these are big, some are small, but they've helped me in huge ways — no matter what crazy things are happening in the world around me.

Don’t forget the phantom costs — the invisible costs — like expense ratios, taxes, maintenance, and inflation. We’re wired to see big, immediate payouts. This is why we love getting tax refunds and buying a house for $200k and selling it for $400k. But we forget all those extra costs that cut into our “returns.” Don’t fall into this trap! 

If you’re thinking about buying a book (or a course or whatever it is), just buy it. I'm so grateful that my parents taught me that the price of a book should never stop me from buying it. Just one good idea makes it worth it, and I've discovered so many great books and authors by accident this way. 

Stop asking $3 questions. Ask $30,000 questions instead. Most people focus on $3 questions like lattes or which savings account has the highest interest. They should be focusing on $30,000 questions, like your asset allocation and automating your savings. 

It’s normal to make mistakes with your money. I’ve bought the wrong book. I’ve bought the wrong shirt (and missed the return period). I’ve hired the wrong person. But the more experience I get with money, the more I realize these mistakes are a normal part of the game. Try to avoid them all and you’ll end up rigid and paralyzed. Be more flexible with money — focus on the good, minimize the bad — and even if you make a few mistakes, you’ll grow. 

Remember: The biggest mistake is not taking action at all.

SOMETIMES YOU GOTTA LIVE THAT BALLER LIFE

LIVIN IT, LOVIN IT

Notice your language around money. What words come to mind when you think about money? If you’re using words like “stress” and “guilt” and “anxiety” about your money, it’s time to make a change. I can show you how to reframe those words into “calm” and “excited” and “opportunity” and even “freedom.” That’s how I feel when I think about money.

That magical first $1 matters. I didn't understand why laundromats and restaurants hung up $1 bills until I got my first sale — $4.95 for an e-book I wrote. It was magical. I knew that if I could do this once, I could do this twice. Then 5x, and from there, real growth. So much of mastering money is about understanding your own psychology.

Don't take advice from losers! Would you take investing advice from someone who’s broke? Of course not. So why do we let our parents and coworkers and random internet commenters give us advice about how to improve our lives … when they’re not in the position we want to be in?

Look, I’ll show you what I mean. If you go onto Reddit and ask them, “Should I buy this course?” and you get a bunch of pathologically cheap people living in a dark basement telling you, “LOL! No! You could find all that stuff for free on YouTube!” you can choose to listen to them…. 

Imagine how much this belief — that if someone is selling something, you should
ignore them — will cost this person over a lifetime. Many of my best results have
come from paying someone to teach me how to improve

Or you can step back and say … am I getting advice from a loser?

Switch to the carnivore diet. JK, this is BS. The real lesson here is to avoid gimmicks, fads, and silver bullets. Do the real work, consistently. 

Pick an area of life where you have no budget at all — no upper limit on what you can spend. For me, it’s education — including books and courses, like the Wealth Triggers course. (I also have no limit on appetizers, health, and donating to friends’ fundraisers.) What’s your "no budget" category?

Develop your own rules of thumb. Some of mine: one year of emergency cash, earn enough so you can choose to work with people you respect & like, and marry the right person. What are your rules of thumb around money?

Know your numbers cold. With all this talk about splurging and thinking bigger, it’s important that you know your numbers cold. Don’t put your head in the sand (like most Americans) and end up in debt. Know how much you spend, how much you earn, your savings rate … all the things I talk about in my book. Automate it so you spend less than one hour/month — but do the work. By knowing those numbers, you give yourself the opportunity to grow wealthier than you’d ever imagined.

Once a year, everyone deserves to splurge on something they’ll remember a decade from now. Maybe it’s eating at a restaurant you've never been to. Or get that thing that's been on your wish list for years. What could you do in the next 30 days that would create lifelong memories?

Here's one more...

And it's a big one...

You can read all the newsletters and blogs and IG accounts you want. But until you take action to change your attitude and behavior, nothing will change in your life.

I have a course for you today that will change the way you think about money. It includes 21 “wealth triggers,” or mental models that you can use to think about money in a bigger, clearer, and — surprisingly — counterintuitive way.

The wealthy don’t talk about these publicly (why would they?), but I think they should be shared.

That's why I created my course Wealth Triggers. If you're ready to unlock your financial potential and live your Rich Life, this course will show how to change your psychology of money.

 
Join now: Wealth Triggers
 

P.S. It took me years of work, research, networking, and sheer trial-and-error to understand, distill, and finally be able to teach how YOU can develop these skills. If you even think you might be interested, do me a favor. Take 3 minutes to check out the product page and decide if it’s right for you.

If not, no sweat, at least you made the decision instead of missing out by default.

If it is, you will get instant access to the "rulebook" that separates the wealthy from everyone else.

P.P.S Don't forget: Join today and you'll be protected by my 60-day, 100% money-back guarantee. 

Join Wealth Triggers now.


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