They ask themselves this one question...
I spent years studying why some people have massive wealth and other people struggle year after year.
I found similarities among those that have financial freedom...
I will give you more of my findings in the future but here is one strategy that you can implement starting today that will change your life…
The answer to this is as simple as asking yourself one question anytime you are about to spend money.
Besides from the basic necessities in life (food, shelter, health, etc.), when you spend money ask yourself this...
“Is what I am about to purchase, going to make me more money in the future or not?”
If the answer is NO, rethink that purchase…
If the answer is YES, you are on the right path…
Every wealthy person I have interviewed knows this very well. That is why the rich keep getting richer.
There are some other things they do that we will get into later but the bottom line is...
People with money problems spend their money on liabilities.
People with no money problems spend their money on assets.
A liability is anything that takes away from your net worth.
An asset is something that will make your net worth grow.
You create a situation where your money is working on your behalf instead of a situation where you are working for money.
Even knowledge is an asset.
In fact, some will argue it is your biggest asset in existence.
Billionaire Warren Buffet always says, "The more you learn, the more you earn."
Does that make sense?
Once I started to ask myself the question, "Will this make me money or not?", every time money is leaving my hand, my life changed…
Are you ready to start investing in some assets?
Your biggest fan,
Paul The Trombonist