Name: The Truth About Money
Uploaded: 2020-03-10T20:34:30.000Z
Duration: 5 min 43 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

The imperative

Past simple

It was the first thing that pops into your mind.

Maybe you're thinking, you know what, $100?

Maybe with my boyfriend or girlfriend or when my spouse, Or maybe you're thinking I could buy a pair off sneakers.

Well, maybe you're thinking Well, I could get that video game.

You see how you think about money will have a significant impact on your financial future and also on your decision making since childhood thing back.

How do you view about money when you first got a few dollars?

Maybe then later on you would buy a little bicycle, right?

Maybe you would treat yourself to a hamburger.

The poor and the middle class and the rich.

We all have very different views on money.

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One of the most formidable boxes up or time Now at a time.

Mike Isan was earning a lot of money in fact, hundreds, hundreds of millions off dollars.

Not only he spent all of that money, hundreds of millions of dollars a lead on was actually get an owing money owing taxes.

The problem is you may be thinking, Oh, he just spends money And no, that's not the problem.

The root of the problem is Mike Tyson at the time has a certain view on money that caused that behavior.

He has banks back, is in movies, and now his worth, you know, a few $1,000,000 again, I have a lot of respect for Mike.

In fact, in my house I have a signed autographed gloves by Mike Tyson.

Now, if you're like most people, when you think about money, you think about how I'm gonna spend it.

If you want to accumulate wealth, if you want to actually create wealth, we need to have a different point of view.

The most powerful shift that you can make today is stop thinking about what money can buy and stop thinking what money can earn.

Stop thinking what money can buy and start thinking what money can earn.

Think of money as a golden goose that lays golden eggs.

When you spend it, that money is gone forever.

It disappears nowhere to be found and then you need to learn new money.

You will think about money very, very differently.

How you would use that $100 bill and don't think more money was solved.

What makes you think you know how to use $1000 wisely?

But what makes you think you know how to use $100,000 wise?

The world is feel with athletes and doctors and lawyers and entrepreneurs and high income professionals who earn a lot of money.

Yet they are broke because they have a broken view on money.

The money itself is their point of view on money.

And I'm not asking you to live life in scarcity.

What I'm asking you is to look at it differently.

Maybe you could put this $100 view into an index fund that generates, on average, 8 to 10%.

Let the miracle of compound interest toe work for you.

Maybe you would use this $100 bill to take a successful person out of lunch and you buy their person lunch and you seek knowledge and ask good questions on.

Maybe you would use this $100 bill too joined Toastmasters to improve your communication skill.

Or maybe you use this $100 bill to by a group of books, a bunch of books so you could accumulate a quiet, more knowledge so you would be smarter.

You would be more intelligent, The same $100 bill.

 So stop thinking what money can buy and stuff thinking what money could earn. 

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The Truth About Money

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