The 5 Rules of Money That Can Change Your Life

My team and I are all-in on content right now.

And we will be for the next 6 months (realistically, probably all year).

Surprisingly though, I’m not working myself harder or longer hours than I used to.

Just a little bit of spend & hires in the right areas that allow me to focus on the right stuff.

I posted a video two weeks ago on money beliefs that can change your life.

I recommend that you check it out - a lot of these are lessons that go against mainstream money advice - “FIRE” and “passive income crypto day trading”.

I don’t believe in any sort of that stuff.

Here’s a quick summary if you don’t have time to watch the video:

Rule #1: Money Is A Resource - rather than trying to hold onto every dollar you have for your dear life, see it as a resource and ask yourself “how can I turn this $1 into $2 then into $4”.

Just that simple mindset shift can immediately move you out of fear and scarcity.

Rule #2: Leverage - If you did not grow up generationally wealthy or with connections, the secret is that many people who breaks the poverty cycle usually rely on leverage.

Leverage is other peoples’ money.

But I also see it as other things that can help you move faster - a team, social media presence, etc.

Rule #3: Your Internal Narrative - Most people have fear-based narrative around money and people with money.

This dictates how you see people and the world.

Remember that you are entitled to believe whatever you want about money, and whatever decisions or thoughts you choose to have, you are always right.

(read that last sentence again if you need).

Rule #4: Spend Money To Make Money - You have to spend to make. This is what we call taking risk.

If this feels scary or hard to accept, the alternative of staying comfortable is even worse.

How you protect the downside is not making irresponsible decisions with your personal expenses.

The idea of spending money to make money is how you transition from an employee mindset to an owner mindset.

Try that next time instead of thinking of “how can I spend money to impress people?”

Rule #5: You become who you take advice and listen to

If you want to level up financially, probably the most important rule is to change your role models and start surrounding yourself with better people.

I say this with love and not with malice - it’s really hard to change your life without the right influences. And most of the people in your life are probably not the right influences.

It’s almost like getting stuck in quicksand.

On the contrary, when you meet the right people, your life will accelerate much faster in the right direction.

I’m pretty grateful to have been exposed to people with a lot of wealth in my earlier career.

And the fact that this happened when I was like 22 years old really helped shape the way I think now.

Mostly because it allowed me to think for myself, know who to never take advice or listen to.

Alice

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