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The BIGGEST LIES About Money That Keep You BROKE! | Tom Bilyeu

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On Today's Episode: Money allows you to cover your basic needs and it also gives you the ability to have new experiences and do really cool sh*t. No it doesn’t buy happiness, but not having the money you need to cover basics in life can make you feel really miserable. In this money talk with Tom, we’re going to look at habits you have around money, both good and bad, and we’re going to help you find the path forward to what your version of financial success looks like. Your money habits, what you focus on, the story you have around money and your financial literacy are all important factors. Let’s get you in the right mindset to: Break away from the Time for Money tradeoff we’ve adopted Start seeing money as potential to solve problems that allow you to earn more Build habits that allow you to grow wealth SHOW NOTES: 0:00 | Introduction to Money Talk 0:21 | Money The Great Facilitator 9:13 | Master the Game of Money 17:19 | Break Habits That Keep You Broke 35:17 | Adopt These Habits of the Wealthy 49:32 | Chasing Money for Happiness QUOTES: “Money is the great facilitator. Money doesn’t say anything about who you are as a person. It doesn’t mean that you’re good, it doesn’t mean that you are bad.” [0:32] “Learn about money, master the game, so that you can play it very well.” [12:40] “Money is not going to solve anything but money problems.” [16:58] “Most people live paycheck to paycheck, even people that are making six-figures live paycheck to paycheck.” [17:56] “If you’re not investing you’re going to be getting eaten alive by inflation.” [20:04] “People are spending all of their money. Debt habit number one, you’re spending all of your money on liabilities and not assets.” [29:55] “Be very thoughtful as you’re exchanging time for money. Don’t forget that you also want to be in a position where you can exchange skill set for money
” [34:37] “People that get wealthy, [...] all they think about are solutions.” [36:33] “If you turn to people for a handout all you’ll ever get is what they’re willing to put in your hand.” [38:37] “Wealthy people that know how to use debt effectively, [...] they don’t sell the asset, they borrow against the asset.” [43:44] Follow Tom Bilyeu: Website: https://impacttheory.com/ Twitter: https://twitter.com/TomBilyeu Facebook: https://www.facebook.com/tombilyeu Instagram: https://www.instagram.com/tombilyeu/

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