The Secrets To Have More Wealth & Be Financially Free

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Transcript

Now let's talk about wealth and how you can increase wealth through your life. And let me tell you that money is important. It's an important part of life. Most people say no Island, but I'm just happy. I don't need money. If you have a mission, if you have something that you want to contribute to, there is something that you want to do with your life.

Money will help you do it. If you see the charities, they don't they have a mission, but they don't have money. So in your life, if you want to give to your family to friends, if you want to accomplish something of value, you must have money that will fund your lifestyle. And I would like you to see Manjula as a cane. When you play video game. Let's say that you play video games and you must you must put coins to play video games.

And the more coins you put, the more you can play this video game, the more you can experience the game and that's the same thing here with relax The more money that you have, the more you can experience life. And most people say and I'm happy, I'm broke. And I'm happy to say that's okay. But do you want more? Do you want to contribute more? Do you want to become more?

Do you want to have more? Do you want to give more? If you answered yes, to at least one of these questions, it means that you can have more wealth. So how can you have more wealth? So number one, it's about seeing the associations that you have with money. In many cultures, money has negative associations.

If I ask yourself this question, what do you associate emotionally with money? You can say, Oh, it's freedom. It's adventure. It's joy. But then you also have the negative associations you can say, people will judge me, people who think that I'm bad. It's not spiritual.

You will have all this list of negative associations. And if you see the positive associations that you have with money and the negative associations that you have with money, and you say, Oh, the DS many, they get your association. And if I get more money, I would get more stats. I don't want to have just negative associations. Another example is, I don't know if that happened to you. When you were a child, and maybe you took a $10 bill, and then someone yelled at you don't talk.

Don't take this money. It's dirt. It's dirt, is it? Okay, oh, and you associated money with dirt. And now you want to get the raise, you want to make more money. And you don't understand why you can't have that.

It's because you have associated money with dirt. And the more money you have, the more dirt you have. So it's about seeing. It's about having a look at your associations that you have with worth. So what I encourage you to do is to write down the associations that you have with money. So I encourage you to take a piece of paper.

So let's say here is your piece of paper. And here you are, you write down money and hear you make a list of the positive associations that you have with money and hear the negative associations that you have with money. And if you struggle financially, it's because you have more negative associations, or they are stronger than the positive one. So on average, having more money becomes negative. Okay? What I encourage you to do is to go through every negative associations and try to deactivate them.

Let's see that one that we have here is people will judge me How can you deactivate that? You can ask yourself this question, do I want to hang out with people who judge how much money I make? Okay, so if this person, if these people judge how much money I make, they should also be judging other things. They could judge how I dress, they could judge the work I do. Do I really want to hang out with people who judge me? Other people who are successful, and who don't judge other people, other people who are poor and don't judge successful people?

Yes, you are. Hmm. Maybe it's not me the problem. Maybe it's people that I hang out with. So yeah, I don't want to hang out with people who judge me. So I think it's not a problem.

The second one, oh, if I make more money than my parents, so that my friends, it means that I'm not doing something legal legally. Is that really true? And then you think and you try to deactivate the negative association What I encourage you to do is to just think about what money can do for your life. Think about how it can help you how it can help your friends, your family. What's really changed my associations with money is when I met someone on a plane, and this person, so this person is a millionaire. And this person told me Allah, let me show you what, what money can do for you.

And he showed me his phone and said, Oh, geez, a picture of my wife. I bought her a home. This is the picture of my kid. He was sick, and we were able to give him the best doctor. This is the charities that have contributed to this how much money I've given to the association or disassociation. This is what I did with my money.

This is the car I have. This is how I love life. This is what I do. This is how I help people. And he told me, Alan, if you want to have a big impact in life, you must have money. money to crunch contribute to people.

Yes, you must have money for yourself and for the things that you like doing and the things that you want to buy. But it's more than that. Having money and having wealth. It's about helping other people. Do you want to help other people? Do you want to help people who don't have enough to eat, or who have problems, you want to be able to just walk up to them and say, Hey, this is $1,000, it's for you.

It's for Christmas. If you want to be able to do that, you must understand the associations that you have with money. And sometimes you will also have associations to a certain when you hit a certain ceiling, for example, get $3,000 a month, it's okay. But if I make more, then people would judge me. So you must also find the ceiling that you have about money and look at the associations that you have. And it's really, really powerful.

Number two, it amplifies who you are. It's not morning That's what makes you bad. But it's who you are. I know broke people who are awful people. And I know successful and millionaires and billionaires who are the most generous people on earth. It's not money that will make you bad.

It just amplifies who you are. If you are a broke awful people, you will become a rich, awful people. If you're broke, generous, friendly person, you will become a rich, generous and friendly person. It's really about who you are, that will be amplified. So if you ask someone that has that has good intentions, and you want to give back events, you want to help people, if you want to have for yourself Yeah, I'm not saying like, don't have like cars both like buy what you want. But if you learn how to make a lot of money, then you can also give back and you should start giving back right now.

But it would just amplify who you are. So it's important that you understand that it's not money that will make you bad or a terrible person. It just amplifies who you are. Number three, focus on the impact that you can have not on the peers. Some people will focus here only on the physical say, Yeah, but people can judge me if I make a lot of money, maybe I will be alone. Maybe I don't deserve it.

So if they focus on the fears, what will end up happening is that they won't have more wealth. If you want to have more wealth, it must focus on the impact. What I did is that I I focused on what this man in the in the plane told me look at what money can give you. And he showed me all these pictures of his kids, his wife, the charities like showed me everything and enact From now on, I always focus On the impact that that can have, with money for myself, for my family, for people that I care about, and for people that I don't know. And it's something that is really incredible focus on what you can do and how it can improve your life, instead of the fears that you have about money. If you don't have enough wealth right now, it's because you are focusing on the fears, and not on the great things that money can teach you.

By just changing your focus. You can change the amount of wealth that you get in your life. Number four, if you increase the value, and you capture it, you will have more wealth. Let me illustrate that. Let's say that you have an online business and you just increase the value of your YouTube videos. And that's all and you only have that you increase the value of your YouTube videos, but then you don't capture the value that you have created.

You won't have more wealth. But if you increase the value that you create for them to create more YouTube videos have better quantities. And then you capture it, it means that you take people to your website where they can buy something from you, then you have more wealth. If at work, you want to get a raise, if you just work hard and you, you provide amazing value, and no one sees that, so you cannot capture it, you won't have more money. But if you work hard, and people work hard, and you do great work, you provide more value for the company and people see it. And people see that you provide value, so you're able to capture it.

Then you even have more wealth because maybe you your boss, we say, Alan, you did a great job. I would like to give you a raise. Another example. Yeah, if you if you want to start a company and you have a client in front of you. The more value you give that person the more you capture The more West you have, let's say that I'm coaching someone and have one hour of Okay, I will do one hour and 15 minutes, and I will give this person so much value and then I will capture it saying, Okay, this is my feet, I will have more wealth. But if I give a little value, and I say, Oh, this is my, my, my low fee, I will have less wealth.

It's all about asking yourself this question. How can you increase the value that you give to your company to people, to your clients, to people that you care about? How can you capture it and you will have more wealth. This is the formula here to have more ways. So the first four that we have here is increase the associations that you have, I would say try to make them better and try to deactivate the negative ones. It just amplifies who you are.

Money amplifies who you are, focus on the impact that you can have with money rather than than the fears. The more value you provide to the marketplace to people to your clients. The more and the more you can capture it, the more ways that you would have. So now let's see what point five, six and seven are. If you want to make more money, I highly encourage you to see slide. What does it mean to slide?

I would like you to save more money right now, are you saving money, even if you don't have a lot of money? are you saving at least 10% every month of the income that you have. The more you save, the more money you have at the end of your life and the more money you have when you need it. Even if you don't make a lot of money, you should be saving at least 10% off chain comm is for saving. The L is for leaving. How much money are you using right now to leave?

To leave it means that if you go out you go to restaurants, you want to buy something you buy something you buy, you buy something you buy a new TV, like how much money are you using to live in? It is is investing are you investing money? Are you only leaving? Are you leaving and saving and investing. Investing means that you can buy stock, you can buy gold, you can invest your money somewhere. And what encourage you to do is to invest at least 10% Option D is for that used to paying you that, like, do you have depth right now?

And are you paying to death like every, every month Are you like putting some some money aside and paying you that. And it could be for example, in five and 10% and the E is for your expenses. So it's for example, your rent, your, your bills, you know, like everything that you have to pay every month. What I would like to show you here is that it's not only about buying stuff, because most people who don't have the wealth they want is because either they don't provide enough value. And they don't capture it, it seems that this should create more value in the workplace and capture it so they can have more wealth. But then also, it's because they are not investing money, they are not saving money, they are not paying off the debts.

So I encourage you to do is to guess write down like how much you make. Let's say that you make $4,000 could you save, for example 10%, which is I will put s here. save at least $400 good. Could you do that? Could you invest? Let's say 10%.

Or let's say a little bit less, let's say can you just invest $100 Can you pay your debt? Can you pay for example 5% or even less? Can you pay for example 100 doors. Okay. So here, we still have 300 403,400 okay with that you pay your expenses. minus, which is the expenses that you have.

And this is what you have for living. If you don't have enough here for living, what you can do is that you can try to decrease the expenses that you have. For example, do you really need that car? Do you really need these mobile phone do read actually try to decrease the expenses that you have or you try to increase how much money you Make? And how do you do that you increase the value that you give to people, and you capture it, and you try to increase. Or if you say, Oh, I don't have enough for living, maybe I will save a little bit less.

So for example, instead of 400, I would just save 200 and I will invest $50, and I will pay my debts. $100 is just about finding your balance. The numbers here 510 percent, that's not really important. What is really important is that you just slide your way through money. Okay, so I would like to invite you right now to just take a piece of paper, and you write down how much you make, and you try to come up with numbers of how much should I save every month? How much should I invest every month like do I want to invest?

How much debt do I want to pay every month? And what are my expenses and you can know how you are living and you can understand how you are Managing your money is something that is really useful if you want to understand what's happening with your money. Number six, it's about finding money mentors. It means that people who have a lot of money and who are nice people. Why is that? Because I would like you to surround yourself with these people so that you can understand that money is great.

And if you see these people giving money away to charities into people, you can say, Wow, making money is not bad. These people here are making a lot of money, and their friends are not judging them. The family, the family is not judging judging them. They're having a great life. They're helping their children. And you can see the impact that people have and it will change your mindset.

It will change the associations that you have with money, and it will do the same thing that this man did to me in in the plane. He said, Look at what I can do with money. And he showed me the charities He's like the house he bought for his wife and everything. So find money mentors, people who have made a lot of money and who are great people, you don't want to find people who are mean and who have a lot of fun, okay? You want to find the right kind of people. If you cannot find them, go online, watch YouTube videos of people who who are rich and who inspire you.

Okay? Something that is really powerful. And number seven, it's about giving. Even if you don't have a lot of money, I would like to give a small fraction even if it's $5 to people in need. Because the fact that just by by giving a small fraction, you will see the impact that you can have with money and how you can help other people. And you were saying money is not that bad at all.

The more money I can make, the more I can help people, the more I can help my children. The more I can help homeless people, the more I can, I can help my wife, my husband, people that I care about. And I want to show you this this idea of money because people think that money is dark. Money is bad money, something wrong. But it all depends on who you are. And the kind of person that you are.

It's not who you are, that make money. It's not money that makes you good or bad. It just amplifies who you are. So I really encourage you to work on your association. So you can donate below there is a PDF and that can really help you because you have the steps written, and it can really help you deactivate your wrong associations. Focus on the impact not on the fears, increase the value that you produce, and you capture it, you will have more wealth and you must slide your way through money safe investing.

Sorry, save, invest, living investing your death, your expenses. You try to come up with numbers. And you find money mentors that can be online, you can watch YouTube videos, you can read books of people who have a lot of money and that explain how they contribute to people and what they do. And I'd like you to give right now, a small fraction of what you earn. It can even be $1 or $5. It doesn't really matter.

It's just the fact of giving that money. If you do that, you will have more wealth. Because these are the top seven secrets of wealthy people, how they really make money.

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