Why we need money role models

1 year ago

What do Kobe Bryant, Tom Cruise, and Tim Cook have in common?

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They make a lot of money...

Which begs the question..

Because they make a lot of money

Does this make them good AT money?

Is an athlete suddenly good with money because they get an NBA contract?

Is a movie star suddenly good with money because they obtain a leading role in a film?

Not necessarily

The fact that they make a lot of money is ONLY and I’ll repeat ONLY a reflection of the fact

That they are good at their jobs

If your goal is to become an amazing NBA player, Kobe may be a good role model for you

But it’s no guarantee that because you MAKE A LOT OF MONEY that you are or ever will become rich

A mentor of mine taught me that there are really three fundamentals to wealth

Step 1 is to learn how to MAKE MONEY

Increase your income, negotiate a raise, sell more stuff

Step 2 is to learn how to KEEP your money

Spend less than you make, know where your money is going

Step 3 is to learn how to GROW your money

How to invest wisely, how to know what investment advice to seek out or trust

In this weeks video I discuss the 6 behaviors and skills that you can implement in your daily life to learn how to make, keep, and grow your money

And why having a Money “model” is the key to it all

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