Financial Freedom

How to think like the Rich!

By Phillippe Jackson

May 9, 2018

 

A big part of what I am learning is changing the way I see things in terms of financial success. A paradigm shift if you will. In my previous post I mentioned the mind exercise I play with assets and liabilities. That is just a very small part of how a rich person perceives the world. So in order to be rich, you must start thinking like the rich.  A lot of resources out there preach this consistently.

For example, some say, “I can’t afford that!”, but instead should start saying “How can I afford that?”. The first statement mentally ends the conversation with no room for a solution. The second is a question that challenges a person to think and pursue a solution.

So let’s say that Joe just found his new favorite coffee drink  to start his day with  from the local diner down the street. However, this new drink will put him $50 over his monthly budget. If Joe had a “poor” mindset then he would either say he couldn’t afford the drink on a daily basis or he would cut back on something else on his budget. Joe fortunately has a rich mindset and looks for a way to make an extra $50 dollars a month so that he can afford his new found drink. It is simple little points of view that can help train your mind in order to achieve your financial goal.

Once the little points of view start to stick then the bigger picture starts to become clearer. Once you start generating more income, the more money you’ll have to invest in assets.

A persons biggest critic is themselves. When someone tells themselves they can’t make tons of money then they probably won’t. The fact of the matter is that most of us are capable of making more money than we earn.  The first thing that has to change so that we can unlock that potential is our mind. Two men who have helped me on how change my point of view is Dan Lok and Robert Kiyosaki.

Their teachings challenges us on how to feel and think about money. It’s the singular most important thing that can help us the tide in our favor.

 

My Mission: Financial Freedom