Project Life Mastery

How To Win The Game Of Money | Steps To Financial Freedom

Anyone can master the game of money, but not everyone will.

Unfortunately, a lot of people have mixed associations with money. When I was younger, my parents went through a major bankruptcy. As a result, I developed a lot of limiting beliefs about money.

The relationship that you have with money determines how you acquire, spend, and manage it. Money is a game. If you know the rules, there is no end to how much you can make.

Are you ready to learn how to win the game of money?

Watch the video below:

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Do you want to know how I became an Internet millionaire in less than 3 years? CLICK HERE to get instant access to my FREE  business course!

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Money is a fun game to play.

However, it's not fun to play if you don't know the rules. Just like any game, once you get good at it, you keep winning more and more. I want you to win the game.

If you struggle with money, it's not your fault. The truth is that the school system doesn't teach us about money. We are taught how to get good grades and land a high paying job, but it ends there. Financial education isn't part of the curriculum, and yet it is such an essential part of our adult lives.

Thankfully, technology has given us the ability to learn from and adopt the success principles of some of the most financially abundant people in the world today. This is how I learned the money game. I studied the psychology and mindset of people like Warren Buffett, Richard Branson, and Sir John Templeton.

I encourage you to read the following books on how to accumulate personal wealth. If you want to make money and learn how to win the money game, it only makes sense that you study it.

Let's talk about the psychology of money.

Have you ever wondered why some people get rich quickly, while others struggle financially? It comes down to their money blueprint. Each of us has been programmed to respond to money in a certain way. If you have a scarcity mindset around money, you won't win the money game.

T. Harv Eker once said that “You can have all the knowledge and skills in the world, but if your ““blueprint”” isn’’t set for success, you’’re financially doomed.”  How do you define money? Your answer will give you a glimpse into your relationship with money. I believe that money is a tool that can build or destroy your life.

Money can be a force for good. It can allow you to pursue your dream, improve yourself, or create financial freedom. Conversely, money can also be used to destroy. All you need to do is turn on the TV and watch the world of politics to witness the destructive power of money.

It's important to understand that money isn't the issue. Instead, it's the person holding the money. You have to be very careful that you don't generalize money and define it as something that it's not. The trick is to create empowering money beliefs that will support you towards having more of it. When you change the way that you think about money, it changes your experience and relationship with it.

There are three things that you need to master if you want to become financially abundant.

1. How To Earn Money

You don't just have to go to university and get a job to earn money. There are many other cards that you can play. Ask yourself the question, “How can I get better at earning money?” Doing so will require that you to develop more skills and evolve so that you have more value that you can offer.

If you are an employer, think about how can you solve problems for your employer or organization. If you can do that, you are winning. Similarly, if you are a business owner, think about how you can add value, in the form of a product or service. If you reach more people, you earn more money. It's as simple as that.

This is why some of the richest people in the world don't retire. They love the game of money. For example, Warren Buffet never has to work a day in his life, yet he still does. He is 80 years old and he continues to add value by investing in companies. Why? Because it's fun for him. You learn to enjoy the game of money by aligning your work with your passion.

2. How To Keep Money

There are people in this world that make a lot of money, but they end up spending and losing a lot of it. It's not what you make that matters. Instead, it's what you keep.

If you have yet to save any money, give yourself a shake. You need to learn how to manage your money effectively. However much money you make right now, you need to learn how to measure it on a regular basis.

Use a Google spreadsheet on your computer and start tracking how much money you have coming in and what your expenses are. Categorize your expenses based on your rent, car payments, transportation, food, phone bill, etc.

I want you to be aware of where your money is going. A lot of people spend money and then wonder why they don't have any. You also want to create a budget. Think about how you can simplify your expenses and spend less. If you are living paycheck to paycheck, how do you expect to get ahead in life? Choosing to live this way is merely working to survive.

At first, you won't enjoy managing your money. It will be stressful just thinking about it. However, I encourage you to force yourself to do it. Eventually, you will feel liberated and in control of your finances. Trust me when I say that this is a great feeling.

You want to save 10% of your money.

That is the minimum. If you can save more than that, great. I save 90% of the money that I earn because I make a significant amount. I do so well that I don't need to be spending $100,000 per month on my lifestyle. The purpose of saving my money is so that I can grow it for my future.

Are you paying yourself first? According to a recent Bankrate survey, only 23% of Americans have enough emergency savings to cover six months of expenses, and 26% have no emergency savings at all. Make sure you don't fall into this trap.

I encourage you to have 3-6 months of savings for whatever your expenses or income is. For example, if your expenses every month are $5000, you would want to have at least $15,000-$30,000 saved in a bank account for emergencies.

3. How To Grow Money

You need to be able to make money and turn it into more money. You want to make your money work for you. You do this by investing in stocks, mutual funds, real estate, or business. Business is my favorite investment vehicle.

By building an online business, you can invest in it so that it can provide you with passive income. Doing so will allow you to earn more. This is the key to be able to have more money to save so that you have more money to re-invest.

When it comes to growing money, you also want to diversify your investments. However, don't put all of your eggs into one basket. Instead, have a variety of investments. This way, if anything happens to one or the other, your wealth will continue to grow and sustain itself. Investment is a fun game to play. The more that you invest, the more that money that you can make.

The game of money is a learnable skill that you can practice and win.

It comes down to deciding whether or not you are prepared to master it. In the words of J. Paul Getty, “Wealth is only a benefit of the game of money. If you win, the money will be there.” Are you ready to get into the game?

Do you want to know how I became an Internet millionaire in less than 3 years? CLICK HERE to get instant access to my FREE  business course!

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