If you don’t want to read it, you can watch this video.
We’re going to talk about money. First of all, have you ever thought about your relationship with money? We know that money doesn’t buy happiness, but it solves a lot of problems. The real way to earn money is internally.
Before you earn that first money, you have a thought process about money. Part of that thought process is your belief in money. What does money mean to you? Is money a good thing? Is money a bad thing? How do you relate to money?
Here are some clues about how you relate to money. If you have a bonus or win the lottery or enjoy some type of financial windfall, do you have the urge to spend the money as fast as you can? If so, you have a very bad relationship with money. You think money is bad and you want to get rid of it as fast as possible. Your goal is to get that money out of your life.
Let’s really examine a few things. You hear many negative connotations related to being rich. Some people thing the rich are evil and greedy. You hear that kind of thing.
There are several different forms of currency. There’s intellectual currency. There’s emotional currency. People believe if you’re hoarding any of these and not spreading it to the masses, you’re a bastard. You have to ask yourself, are you in possession of any of these mindsets? If you are, it’s going to pop up at some point. It’s going to trip you up when you are trying to be fiscally responsible.
You might think that having money is a bad thing. You don’t want to be associated with those people that have money. You’d rather be poor and struggle, believing there is some type of nobility in poverty and barely making due. There are a lot of people that think that way.
I’ll give you another example of a poor relationship with money. I love YouTube. YouTube is one of the greatest universities ever. You can find a computer or use your phone, sit down and learn. There are many people who are fucking awesome on YouTube. They give information away for free. When they try to charge, people push back and don’t want to pay, saying they can get the information for free. That’s one side of the coin.
Another side of the coin is you will hear authors and creators of YouTube videos say, “No, I’m not charging any money. I don’t think this is worth charging for.” People devalue themselves in this way.
Some people think to earn money, you need a job. You have to work for someone. People believe there has to be a process to earn money for it to be clean. If you sat on YouTube and put a link under a video and it was making $10,000 a day, some of you couldn’t handle it.
Some people can’t deal with having money, because it brings responsibility. Money brings a new type of personality. Some people don’t seem to grasp the idea that making money with your talents is not a bad thing. They think if they get paid for it, it cheapens what they do. They feel like a whore, like they sold out.
Selling out to me is doing some shit you don’t want to do for money. I’ll give you a great example. In 2010 when I was approached by the Reality TV people, I thought it seemed like a good idea at the time. But, I have to admit I was relieved when it didn’t work out because I didn’t really want to do it.
If I did that show, I would have been selling out, since it would not have been the show I wanted. So, if you do something like that and you don’t really want to do it, you feel it in the pit of your stomach. When you do something against what you believe in, that’s selling out.
People are looking for that thing they love. Many don’t know what the fuck their passion is. You haven’t even developed one in many cases. So, while you’re waiting to figure out what your passion is, time is going by and you’re missing out.
You can develop a passion by becoming good at something. I hated YouTube videos at first. I couldn’t stand it. I love them now. Why? Because I became good at it. I put hours and hours of time and thousands of dollars into it. Now, I love it. But, it wasn’t like that the first two years. Don’t kid yourself that your passion will be something you immediately like.
With the things going on in the world today, you have to think about what you can do to change your relationship with money. Really figure out how you feel about money. Realize that money is just a tool that buys comfort, options and necessities. The more developed your intellect is, the more powerful the tool of money will be.
I recommend that you set up a savings account. Put $5 a week in it. The after two months, put $10 a week in the account. Two months later, start depositing $15 a week. Don’t rush it. The purpose of this activity is to develop a new habit. You have the habit of spending money without the habit of saving. By learning how to stack money, you can learn how to manage it.
The next time you get a cash infusion or some extra money, don’t spend any of it for a week, preferably a month. Learn to keep money in your wallet. I’m not going to tell you what’s in my wallet, but it’s a few hundred bucks. I always have a few hundred bucks in my wallet because you never know what the fuck will happen.
Cash attracts cash. It took me awhile to learn this. This guy schooled me on this. He said, “The more I spend, the luckier I get.” When I spend money correctly, I get it back 20-fold. This has been an observation of mine over the past few years.
I’ll give you an example. When I created Conundrum Publishing, I got the website. I spent about $280. Thousands of dollars came from that.
Get to the point of creating and being really good at creating stuff. You will improve the things you hold most dear. It will give you a sense of self-confidence. Dream of something big and scary and when you make that happen, it will change your life. I can tell you that from experience.
If you like this, be sure to get on my email list for updates to live streams and special offers. Subscribe today!