Placeholder Image

Subtitles section Play video

  • imagine someone giving you $100 bill.

  • What would you do with this money?

  • It was the first thing that pops into your mind.

  • Common below.

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

  • I could buy a nice dinner for two.

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

  • Maybe I could pay off my phone bill.

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

  • Have been thinking for a long time.

  • How would you spend this money?

  • 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?

  • Why?

  • You want death First?

  • Few dollars.

  • What did you do with that money?

  • Maybe bought candy with it.

  • Maybe you bought that toy.

  • 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.

  • How do the rich get rich and stay rich.

  • What do they really invested?

  • Discover North America's best kept investment secrets.

  • See Dan one time only February 23rd and 24.

  • Seating is limited.

  • Get your tickets now.

  • Secrets of the rich event dot com Click the link in the description.

  • Take Mike Tyson, for example.

  • 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.

  • But later on he went bankrupt.

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

  • Hey, why now?

  • 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.

  • And now Mike Tyson is bouncing back.

  • 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.

  • So money.

  • How do you feel money.

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

  • What am I gonna buy?

  • That's one belief system.

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

  • One off.

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

  • I'll say that one more time.

  • 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.

  • Do we place that?

  • But you think about what money can earn.

  • You will think about money very, very differently.

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

  • A problem.

  • You do not know how to use.

  • Ah, $100 wisely.

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

  • Won't make your thing.

  • You know how to use $10,000 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.

  • That is what is causing the problem.

  • It is not.

  • The money itself is their point of view on money.

  • Now, I'm not asking you to be cheap.

  • 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%.

  • We turn over a long period of time.

  • 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.

  • So you become a more confident speaker.

  • 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.

  • It's all up to you how you would use it.

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

imagine someone giving you $100 bill.

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it