Are you ready to master your money mindset and take back control of your finances?

Let's face it, no one likes being in debt. However, it is a reality for many. Student loans, mortgages, and credit cards all serve to set you back financially.

If you want to get out of debt, you have to change your money mindset. Your success is determined, in large part, by your ability to effectively manage your money.

The key to getting ahead financially is getting started. If you're ready to change your financial situation, keep reading!

Watch the video below:

(Click here to watch on YouTube)

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Financial stress can impact your mental health.

According to Forbes, individuals with high financial stress are twice as likely to report poor health overall and are four times more likely to complain of ailments. Despite this reality, people still fall into the trap of overspending on things that they don't need.

In short, they have bad spending habits. As a result, they end up falling into debt. It can be very challenging to get out of debt due to high-interest payments, which is why you want to avoid debt at all costs.

Credit cards and other unsecured loan debt tend to have interest rates higher. The average personal loan interest rate is 9.63%, while the average credit card has a 14.52% interest rate.

Money management has been the key to my success in life. However, I didn't always have good money habits. When I was in my early 20s, I was in a lot of debt. In fact, I racked up $15,000 in credit card debt.

I was living above my means and I had no idea where my money was going every month. It wasn't until I got real with myself and stopped avoiding the reality of my situation that I was able to take back control of my finances.

You can't be blind to your finances. Rather, you have to be hyperaware of your income and expenses. Track everything that you spend. Create a monthly budget and start reducing or eliminating any expenses that may cause you to overspend.

It's not the amount of money that you budget that matters.

Rather, it's the habit of budgeting that makes all the difference. There is no point in making more money if you cannot manage the money that you already have. By building the habit of money management now, you will be able to manage higher amounts of money in your future.

When it comes to budgeting, you can expect to have to make some sacrifices. I had to give up a lot of things that brought enjoyment to my life to get out of debt. I'm not going to say that it was easy, but the payoff was well worth it. I swapped short-term gratification for long-term wealth.

When I started my online business my first goal was to make $1 online. John Hayes was the first Internet marketer to make $1 million online in one day. He believed if you can make $1 online, you are 95% away from making $100,000 online.

The moment that you make $1, you get instant validation that whatever you're doing is working. This is what gives you the confidence to keep going and find ways to scale up. This is exactly what I did in my online business.

I've gone from being broke to becoming a multi-millionaire. 

Another great way to get ahead financially is to invest in yourself. You never lose by investing in your future self. In the words of Warren Buffett, “The more you learn, the more you will earn.” Attend seminars and events, read books, or find a mentor.

When you invest in your personal growth and development you learn skills that increase your value and potential to make more money. Over the years I have invested hundreds of thousands of dollars into myself. As a result, I've been able to build a 7-figure business doing what I love.

This is the money mindset of a millionaire.

No matter how bad your financial situation is right now, you have the power to take back control of your finances. When you change the relationship that you have with money, you start attracting more wealth into your life.

Financial success doesn't happen overnight. However, if you're committed to reaching your financial goals, there is no limit to what you can achieve. Are you ready to master your money mindset and build long-term wealth?

Are you ready to build a million-dollar online business? CLICK HERE to take my FREE quiz to discover which online business model is best for you!

I don't want you to make the same money mistakes that I made. 

Most people have made at least one poor financial decision at some point in their lives.

There are 5 things that I wish I had done differently in my 20s in terms of how I spent my money. 

While you can't dwell on the past, you can always learn from it and make better financial decisions from this day forward. 

Keep reading to discover the 5 money mistakes that you should avoid at all costs! 

Watch the video below:

(Click here to watch on YouTube)

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This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

I have learned A LOT from my money mistakes.

I've had a lot of successes and failures along my entrepreneurial journey. Not surprisingly, I've learned a lot more from my failures than I have from my successes. Failure is a powerful teacher. It forces you to look back and ask, “Why didn't that work, and what can I do differently to prevent the same mistake from happening?”

I hope that my mistakes will serve as a warning to you of what NOT to do so that you are better positioned for success and financial freedom. On that note, let's dive into 5 mistakes that I wish I didn't make in my 20s.

1. Getting In Credit Card Debt

This is a common mistake that a lot of people make. Credit card debt is the worst. The interest rates that credit card companies charge are criminal. It can be so hard to get yourself out of debt once you've dug yourself into a financial hole.

In my early 20s, I wasn't responsible with my money. I had money coming in, but I didn't track it. Let's just say that I was spending more money than I was making. When you know you're getting into debt, you are more likely to avoid facing your financial woes.

It wasn't until I confronted my debt that I realized how bad it was. I decided to take ownership of my money issues and created a plan on how to get out of debt. I found a credit card company that accepted a balance transfer.

They gave me an incentive that was too good not to pass up. If I transferred my balance from one credit card to another, they would give me one year of zero percent interest. That saved me the 19% that I would have otherwise had to pay.

I gave myself 12 months to be as resourceful as I possibly could. This meant making a lot of sacrifices. I got rid of my car and my apartment and slept on my friend's couch.

Keep in mind that there is good debt and bad debt. An example of good debt is using other people's money and investing it into an asset, like real estate. Recently, I invested in a property. I got a mortgage for it. Interest rates are so low right now (1.14%, with a 5-year variable).

I'm borrowing a large sum of money at a low rate.

This property will appreciate more than my 1% interest rate. By not having all of my money tied up in a real estate property, I can borrow money at a low rate.

In turn, I can invest in stocks that give me a 10% return. Knowing how to use leverage intelligently can help you accelerate your wealth.

When I look back on this time of my life, I'm grateful that I got into debt early on and not into my 30s, 40s, and 50s. I learned valuable financial lessons. Since then, I vowed to NEVER find myself in a similar dire financial situation. 

2. Spending Money On Things That Don't Add Value Long-Term

If I hadn't spent so much money on materialistic possessions in my 20s, I would be much farther ahead financially. Back in the day, I was living paycheck to paycheck. A lot of the things that I was indulging in were similar to empty calories.

I look back upon the money that I wasted and I can't even remember those experiences. Sure, those experiences gave me pleasure, but they didn't add value to my life, long-term. I believe that delayed gratification — putting off what we want now to get something bigger and better later on — is the key to financial success.

Instead of spending the money that you have, I encourage you to save or invest it into a stock or ETF. Moreover, invest in yourself! Travel, attend seminars, read books, take courses, or hire coaches/mentors. These types of things will set you up to win in the future.

I'm not saying that you can't have any fun in your life. It's all about creating balance. 

3. Not Educating Myself About Money & Investing 

Money is an important part of life. If you neglect to learn about money or create a disempowering belief about it, you'll pay a price. In my early 20's, I didn't care about money. I made money and spent it.

My parents weren't good with money. They went through bankruptcy when I was younger. We had to sell the house that my dad built. I associated a lot of pain with money. In turn, I had a lot of “poor” beliefs. This experience forced me to start educating myself about how money works. 

I started learning how to generate money and how to add value to others. Money is just the by-product of the value that you add, whether that's to your employer or your customers. By improving my money skills, I was able to generate massive amounts of wealth. 

4. Not Investing Enough Into Myself & Future 

When I was 18 years old, I read a book called The Wealthy Barber. It taught me about mutual funds and how compounding works. At the time, I invested $500 into a Bank of Montreal mutual fund. That investment paid off.

However, I didn't invest enough. When I look at my investment portfolio, I know that I would be in a much greater position today had I saved and invested more in my 20s.

Also, I didn't invest enough in my personal growth. I'm grateful for the inner work that I did. However, if I had said “yes” more and not allowed fear to dictate my decisions, I would have achieved more. I have many examples, but one missed opportunity comes to my mind.

In my 20s I attended a business seminar in Las Vegas. I met a guy at the event who was one of the top players in my industry. He invited me to attend a business mastermind that he was hosting in L.A., but I decided to say no.

To this day, I regret my decision. My scarcity mentality prevented me from taking advantage of an opportunity that would have accelerated my business growth. 

5. Making Risky Investments & Trying To “Get Rich Quick”

In my 20s I was focused on chasing money. When I first got into Internet marketing, I pursued a lot of “get rich quick” opportunities. Unfortunately, these “grey hat” opportunities cost me, long-term. They were borderline unethical.

From these experiences, I learned that the better approach is to get rich slower by making smart decisions over a long period. This is how you create lasting wealth and financial freedom. You cannot shortcut the hard work and patience that is required to achieve success. 

These are 5 money mistakes I wish I didn't make in my 20's.

Money is an important part of life. It can buy your time and freedom, which is why it's important to avoid these 5 money mistakes. If you apply the lessons that I learned your future self will thank you for it.

Are you ready to take control of your financial future? CLICK HERE to take my FREE 60-second online business quiz to find out which business is best for you! 

How would your life change if you could make more money?

I'm a firm believer that success is a mindset. Before you can build long-term wealth you first have to understand what your relationship with money is.

A big reason why a lot of people struggle to make more money is that they possess a scarcity mindset. This is the belief that there will never be enough of anything.

The most financially successful people in the world operate from a place of abundance. As a result, they become the master of their money.

If you're ready to take control of your finances, keep reading to discover 3 things that you need to master in order to win the game of money!

Watch the video below:

(Click here to watch on YouTube) 

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What does money mean to you?

Your answer will give you a glimpse into your relationship with money. I view money as a game. If you know the rules, there is no limit to how much you can make. Making money can be an enjoyable process. However, the game of money isn't fun to play if you don't know how to play it.

The goods news is that, just like any game, once you get good at it, you keep winning more and more. The question is, “How do you learn the money game?” Study the mindset, behaviors, and habits of the most financially successful people in the world and put their knowledge into action.

The amazing thing about the Internet is that it has made it easy for anyone to make passive income online. There are endless ways that you can earn money from the comfort of your home, whether it's freelance work, affiliate marketing, Amazon book publishing, or selling physical products on Amazon.

I decided to become an entrepreneur when I was 21 years old. It was the best decision I've ever made. I've been blessed to be able to turn my passion for self-development into a multi-million dollar online business. I'm proud that I've been able to achieve financial freedom at such a young age. However, the greater gift that I've received from my business has been the positive impact I've made in the lives of millions of people.

Making a lot of money is great, but it doesn't buy happiness.

Researchers have found that people are happiest when they make about $75,000 a year. However, emotional well-being and life satisfaction tend to decline after the $95,000 mark. Acquiring a lot of material wealth won't make you a happier person. Happiness is an inside job.

I believe that anyone can turn their passion into an online business and make a profit doing what they love. However, before you can start growing your wealth and creating financial abundance, there are three things that you need to master first. Let's dive in!

1. Learn How To Earn Money

From a young age, a lot of us are conditioned to go to school and get a 9 to 5  job. However, the world is changing. The Coronavirus pandemic has proven that having a 9 to 5 job is risky. A lot of people have been faced with the possibility that they may have to learn new ways of working and making money.

Dealing with financial unknowns has created a lot of stress for people. However, it has also presented people with new opportunities to create life on their terms. There are so many ways that you can earn money online.

Don't reinvent the wheel. The smartest way to make more money is to learn from those who have already achieved what it is that you desire. The reason why I am so successful today is due, in large part, to the fact I put myself in environments with people who are smarter and more successful than I am.

When you surround yourself with the right circle of people, you raise your standards, thereby creating more opportunities to grow and become more. That is how to best leverage your success in life.

2. Learn How To Keep Money

If you don't learn how to master your money, your money will master you. A lot of people know how to make money, but they don't necessarily know how to keep it. If you live paycheck to paycheck, you will never able to get ahead financially. If you spend more money than you make every month, you know that it's time to create a budget.

The reason why budgeting feels like such a nuisance is because it requires that you sacrifice something. However, it is the only way to start taking control of your spending.

Make a list of all of your monthly expenses and determine where your money is going. By tracking your spending every month, you will develop stronger money management skills that will help you save and plan for your financial future.

3. Learn How To Grow Money

One way to grow your money is to build an online business. Building passive income gives you financial freedom so that you can design your ultimate dream lifestyle. When your money works for you, you don't have to work for money.

Imagine how it would feel to wake up and see that you made thousands of dollars while you were sleeping. That's what building a successful online business can give you. A second way to grow money is by investing the money that you make. Investing guarantees that your money is safe.

I started investing when I was 18 years old. Today, I've built a 3.5 million dollar investment portfolio. If you invest the right way, you can set yourself up to be extremely wealthy later in life.

If you want more money, you must master these 3 things first.

Financial security is a worthwhile pursuit. However, if you're only interested in making money for the sake of money, remember that money isn't the source of lasting happiness. Conversely, when your financial goals are in alignment with your higher self, making money becomes a spiritual journey.

Strive for money to be the reward that you get for adding value, creating impact in the lives of others, and contributing to the betterment of the world at large.

In the words of my mentor, Tony Robbins, “The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more.”

Do you want to figure out which online business will best help you become financially free? CLICK HERE to get instant access to my FREE business quiz!

Do you have $1,000 in the bank? If so, I've got 5 moves that will help you build long-term wealth.

Investing is the best way to take control of your financial future. I started investing when I was in my early 20s. Today, I have built a $3.5 million dollar investment portfolio.

The earlier you start investing, the sooner you can build a portfolio of your own and create financial freedom.

Don't let the COVID-19 pandemic prevent you from investing.

Keep reading to discover 5 moves that will help you regain financial stability and invest the smart way!

Watch the video below:

(Click here to watch on YouTube)

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Do you want to build a successful online business and start making passive income? CLICK HERE to take my FREE quiz to determine which business is best for you!

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

How would it feel to have more money in your bank account?

Before you can make more money, you first have to learn how to preserve the money that you already have. It's not how much money you make that counts. Rather, it's how much money you are able to keep. Only once you learn how to effectively manage your money can you focus on multiplying your money.

The best strategy for multiplying your money is by investing in the stock market. Whatever amount of money that you have in your bank account right now, you want to make sure that money is appreciating. The way you do this is by investing in assets, and not putting your money into liabilities.

When it comes to investing I take a long-term approach, meaning that I am conservative with the investment decisions that I make. I will talk more about this later on the blog, so keep reading to learn what a long-term investment approach looks like!

Warren Buffett, the third-richest person in the world, believes that investing should be approached with a long-term vision and investments should be kept for a number of years. I don't know about you, but I'm going to bank on his investment advice. It has served him well.

Let's talk about how you can manage the money that you already have, and how you can start investing in your future.

1. Save A Percentage Of Your Money For Emergencies

When a crisis happens, you want to have worst-case scenario money put aside. It's up to you to decide how much money you will put aside. A lot of people determine what this number will be based on their monthly expenses.

I recommend that you save anywhere between 3-6 months worth of your expenses for an emergency fund. When something bad happens in your life, you don't need extra financial pressure on top of everything else.

If you lose your job or your income goes down, that buffer money will help you stay afloat for a while until you can get back on your feet. Determine what your threshold for risk and security is and commit to building an emergency fund. No matter how enticing it may be, don't ever touch this money.

2. Pay Off Any High-Interest Debt

First and foremost, it's important that you understand that there is good debt and bad debt. Good debt is low-interest. This kind of debt is being invested into an asset that appreciates at a higher percent than whatever you're paying on the debt.

If you have a mortgage or you're leveraging the bank's money to invest, that can be an effective way to increase your wealth. Conversely, high-interest debt, like credit cards, is dangerous. Credit cards charge really high interest.

Recent statistics show that U.S. consumers owe almost $900 billion in credit card debt. From personal experience, I know that it's hard to get yourself out of a money hole when you have high-interest debt. There are banks like, Ally Bank (0.60% APY) and Citibank (0.70% APY) that have high-interest savings accounts that will help you grow your money faster.

3. Invest In Yourself

You are the most important resource in your life. Without you, nothing works. Investing in yourself will always be the best return on investment. Take a moment and ask yourself, “What can I learn that will allow me to gain more knowledge and make better decisions in my life?”

Learning from others who have achieved the success that you desire is the best way to shorten your learning curve. In turn, you will be able to achieve results faster. Identify what you're struggling with in life. Maybe it's your finances, your mindset, destructive habits, or all of the above.

Be resourceful. Read books, watch YouTube videos, buy courses, attend online seminars or events. Even better, invest in a coach or a therapist who can help you overcome your challenge.

Similarly, you also want to reflect upon the types of skills that you want to cultivate that will help you make more money. If you're someone who aspires to build an online business, I highly recommend learning sales and marketing. Mastering those two skillsets will take you far in the business world.

Whatever you decide to focus on, commit to investing a certain amount of money that you make every month towards your personal growth and development. In the words of Warren Buffett, “The more you learn, the more you earn.”

4. Invest In The Stock Market

The great thing about investing is that you don't have to be an entrepreneur to do it! You can simply invest in successful companies, like Apple or Google, and benefit from their success. When it comes to investing, there are a few different directions that I would take, especially if your money is limited.

First, I suggest that you invest in an ETF, which is an exchange-traded fund. Specifically, invest in the S&P 500 which is the top 500 companies in the U.S. If you're willing to invest in the S&P 500, Vanguard has a stock called Vanguard S&P 500 ETF. I love Vanguard because they have some of the lowest fees for index funds.

Investing in ETFs is a safe long-term investment option. A second option is to invest in fractions of a company. For example, Amazon is currently trading at over $3,000 for one share. If you don't have this kind of money, there are two investing apps that I recommend that allow you to buy fractional shares of a company.

INVESTMENT APPS:

• WeBull – A commission-free trading app that is currently offering three free stocks for new signups.
• Stash – When you purchase their stock-back card, they give you one free stock.

Stash (Invest in fractional shares – invest in thousands of stocks and ETFs with $1 or less1): https://projectlifemastery.com/stash

1For Securities priced over $1,000, the purchase of fractional shares starts at $0.05.

Investing involves risk and investments may lose value. Credit.com is a paid affiliate/partner of Stash. Investment advisory services offered by Stash Investments LLC, an SEC-registered investment adviser.

The earlier that you start investing, the more time you have in the stock market, the more that you will benefit from compounding. Allow your money to work for you, so that when you're sleeping your money is appreciating over the long-term. I encourage you to do your own research on investing. Learn how to invest your money the smart way and figure out what your threshold for risk is.

5. Start An Online Business To Start Making Passive Income

I believe that starting an online business is one of the best opportunities to make passive income online. You get to decide how big you want to grow your business. There are so many ways to leverage the Internet, whether that's selling on Amazon, doing affiliate marketing, or being a Kindle publisher, to name a few.

This is what I've done. Today, I have built multiple 7-figure online businesses. If you're willing to be patient, invest in your education, and build a brand over the long-term, an online business can change your life in so many incredible ways.

INVESTING VIDEOS FOR MORE INFO:

• Investing For Beginners | Advice On How To Get Started
• How To Buy Stocks (Watch Me Invest $10,000)
• How To Open A Stock Brokerage Account (And Receive 2 Free Stocks!)

If you have $1,000 in the bank, commit to making these 5 moves!

The best financial advice that I can give you is to be smart with your money. Delay short-term gratification for your financial future. In 10-20 years from now, you want to make sure that your future self thanks you for the decisions that you can make today. Which financial move will you commit to taking action on that will get you further ahead in life?

Do you want to build a successful online business and start making passive income? CLICK HERE to take my FREE quiz to determine which business is best for you!

I want to help you fix your money problems once and for all.

If you're struggling financially, you're not alone. We are living in very uncertain times. The pandemic has created financial insecurity for a lot of people.

In the week that COVID-19 was declared a pandemic, U.S. unemployment increased by 1.4 million people. Thirty-three percent of Americans reported that due to COVID-19 they or someone in their household had lost a job, taken a pay cut, or both.

Despite the current economic reality, the good news is that there is a way to bounce back from your financial troubles.

I don't want you to ever be in a position where you have no money in the bank. If you're ready to take back control of your finances once and for all, keep reading…

Watch the video below:

(Click here to watch on YouTube)

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Are you ready to discover how you can change your money beliefs and master your finances? CLICK HERE to join my Life Mastery Accelerator program!

I know what it feels like to have money problems.

There was once a time in my life when I struggled financially. I was in my early 20's and I got into a lot of credit card debt. It got so bad that I had to get rid of my apartment and live on my friend's couch for one year. I sold my beat-up Honda Civic and started taking the bus to work.

I didn't want to make these sacrifices, but I was forced to humble myself. I'm not going to lie, it was painful. However, these sacrifices were necessary if I wanted to get out of debt. If you keep doing what you've always done, you will keep getting what you've always gotten. I learned that hard rule, fast.

If you believe that you're a victim of your circumstances, you will have no power to change your circumstances. I don't want you to be a victim. Rather, I want you to be a victor. Instead of dwelling on what you can't control, focus on what you can control. I know from personal experience that when YOU change, everything in your life will change too.

If you're in dire financial circumstances right now, it's important for you to understand that there are people who are in similar circumstances to yourself who have financial security.

These people weren't born with a silver spoon in their mouth.

Rather, they built their success from the ground up. Their values and money beliefs contributed to decisions that allowed them to be in a better financial situation. I've always believed that the truth will set you free. Use this knowledge as fuel to motivate you.

Changing your financial situation starts and ends with self-awareness. I became a millionaire because I was willing to get real with myself and admit where I was falling short. More importantly, I was willing to make the necessary changes. Let's explore four reasons why you may be financially struggling right now.

1. You Are Young

If you're young, chances are that you haven't been in the workplace long enough to accumulate a lot of money. If you're in this situation, don't let this reason hold you back from becoming financially secure. I believe that one of the most important characteristics that we need to cultivate at a young age is work ethic. A work ethic is a set of values based on the ideals of hard work and discipline.

A lot of parents shelter their kids because they don't want them to experience pain. Don't get me wrong, the intention is beautiful. However, as parents, we have a responsibility to prepare our children for the realities of life. It's not all butterflies and rainbows. The current state of the world proves this point well.

Children who are sheltered by their parents are more likely to struggle through adversity as adults. They aren't given the tools to build their resilience at a young age. This is why cultivating a strong work ethic at a young age is invaluable. When you use your work ethic to contribute to the world in some way, you naturally build a sense of confidence, pride, and independence.

Your greatest asset is your youth. Start saving and investing money when you're young. When you have time on your side it's incredible where you can end up in your 40's and 50's. Commit to adopting healthy money habits, build your skill set, and learn the importance of adding value through the work that you do. if you can do that, you'll set yourself up to win in the future.

2. You Don't Come From Privilege

If you have a computer, you have access to a powerful tool that can change your life if you use it to get ahead in life. We live in a global economy. You are no longer limited to having a job in your local city. Today, you can cultivate skills and work for companies anywhere in the world. There are many companies that are looking to hire people overseas.

However, if you want to take advantage of these opportunities you must be willing to develop the skills of the future. This will require that you adapt and upgrade your current knowledge. Right now there are a lot of companies that are making the transition from offline to online.

They need help with things like copywriting, SEO, graphic design, email marketing, video editing, funnel creation, web design, etc. If you don't grow and evolve, you will get left behind. The Internet is the future, so leverage it!

3. You Have A Disempowering Mindset 

A huge reason why a lot of people get stuck financially is because of their impulsive buying decisions. They spend their money on luxuries instead of necessities. Their focus is on short-term gratification at the expense of their future.

If you're living paycheck to paycheck, you do not have the luxury to spend money frivolously. Strive to delay gratification. Get on top of your finances. Start tracking what's coming in and what's going out.

One habit that you can implement in your daily life is to create a money management spreadsheet. Go through your online banking transactions every week and determine what you're spending money on. You don't want to be unsure why you have no money in your bank account. Bring awareness to the issue and shift your money mindset.

4. Your Self-Limiting Money Beliefs

Your money beliefs first developed in childhood and were passed down from your parents. What did your parents teach you about money? How have those beliefs affected your financial decisions as an adult? As long as you hold onto the limiting beliefs that prevent you from having money, you'll never have money.

We all have different interpretations and associations with the word, “money.” However, money is neutral. It's not until we show up that we make it mean something (ie. money is good vs. money is bad). You can reprogram your beliefs around wealth and create the financial abundance that you've always desired. When you change your beliefs about anything, you end up changing your entire life.

You have the power to fix your money problems once and for all.

From this day onwards, commit to building good money habits and make new decisions that will help you improve your financial situation. Focus on solving the core issue that is causing you financial troubles in the first place. Once you build the qualities of success, you'll be ready to take advantage of the abundant opportunities that exist in the world.

Are you ready to discover how you can change your money beliefs and master your finances? CLICK HERE to join my Life Mastery Accelerator program!

Books can help you make more money.

Building the habit of reading every day has proved to be a game-changer in my life. I started reading books when I was 17 years old.

This was the time at which I was introduced to the world of self-development. Money-making books have helped me attract more money and wealth.

Want to know the 10 books that can make you more money? You've come to the right place!

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Do you have the desire to make more money?

I believe that one of the best ways to take control of your finances is by investing in yourself.  Financial education creates financial freedom. When I was younger, I had a scarcity mentality. Because I grew up in a family where we didn't have a lot of money, I created a story that money was the enemy.

At the time, I couldn't see how this scarcity mentality was negatively affecting my ability to attract more money into my life. However, once I knew where my money scripts were coming from, I felt empowered to change them.

Money scripts are the internalized and unconscious beliefs we have about what money is, what it is not, what it can or cannot do, the role we play in it, and the role it plays in our lives. Not surprisingly, these scripts form in childhood and end up influencing our financial decisions in adulthood.

Nobody taught me about money in school. Rather, I learned about money from millionaires, multi-millionaires, and billionaires who wrote books about financial wealth. I extracted the mindsets of financially successful people, which ended up laying the foundation for my own financial success.

I promise that these 10 books will set you up for long-term success, financial wealth, and abundance in your life.  Since reading many of these money-making books, I have gone on to make millions of dollars in my business. Let's dive in!

1. Think and Grow Rich, Napoleon Hill

This book was written over 100 years ago. Napoleon Hill was hired by Andrew Carnegie who, at the time, was the richest man in the world. Carnegie sent Napoleon Hill to interview the most successful people in the world, which provided the framework for the teachings inside this book. This book will help you master your money mindset.

2. Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!, Robert Kiyosaki

In this book, Robert Kiyosaki shares a story about his Rich Dad and his Poor Dad. His Poor Dad, who was his biological father, had a belief system that was similar to the rest of society – go to school, get a good education, work until you're 65 years old, and then retire.

Robert also learned from his Rich Dad, who was his friend's father. He instilled within Robert the belief that he should start a business of his own as a way to create financial abundance. Inside the book, Robert teaches a lot of core money concepts related to assets and liabilities which helped me change my relationship with money.

3. MONEY Master The Game: 7 Simple Steps to Financial Freedom, Tony Robbins

In this book, Tony Robbins interviews the top 50 richest financial investors in the world, some of whom include Warren Buffett, Ray Dalio, and Jack Fogel. This book laid the foundation for a lot of my beginner investment decisions related to index funds. It taught me about the value of paying myself first and compound interest. This is quite a lengthy read, but Tony also has a smaller version of this book, called Unshakeable.

4. The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime, MJ DeMarco

This book dispels the traditional long-term approach to creating wealth. Instead, it teaches you that the most financially successful people didn't become wealthy by getting rich slow.

The teachings inside of this book have contributed a lot to the success that I've created in my business. I use the mindset that DeMarco talks about, in conjunction with my long-term wealth creation and investment strategies.

5. The Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth, T. Harv Eker

This book talks about the mindset of being a millionaire and helps you understand what your money blueprint is. Think of your money blueprint as your baseline of how much money you think you're worth.

Once people go beyond their baseline, oftentimes they will self-sabotage and bring themselves back to where they think they should be. Your blueprint is based on the people whom you surround yourself with. If you look at the top five incomes of someone's friends, you can tell how much money they make.

6. The Richest Man in Babylon, George S. Clason

This book gives you financial advice through a collection of stories set in ancient Babylon. Clason teaches you the basics of how to allocate your money and pay yourself first. Inside his book, he offers simple-to-understand solutions to your personal financial problems so that you can become a better financial planner and create long-term wealth.

7. Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom, Robert Kiyosaki

You should read this book after you read Kiyosaki's first book, Rich Dad Poor Dad. This book shares four different quadrants – employee, self-employed, business owner, and investor. Kiyosaki describes that you do not want to be the employee or the self-employed.

This is otherwise known as the rat race, where you are living paycheck to paycheck and trading your time for money. Kiyosaki encourages people to be a business owner or investor. These types of people work on their businesses, not in them. He calls this way of life “the fast track.”

This is when you can pursue your dreams and create financial freedom. He's also got a great board game called Cashflow that I encourage you to purchase. It will teach you a lot about investing, money, and financial education.

8. The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich, David Bach

This book shares some of the same principles as the other books I've mentioned above. However, there is still value in reading it.

Inside his book, Bach talks about the value of paying yourself first, automatically. He says that you want to hold onto at least one hour a day of your income, which works out to about 12.5 percent of your pretax income, to save and invest. If you do that, over time, he believes that you will become an automatic millionaire.

9. The Wealthy Barber: The Common Sense Guide to Successful Financial Planning, David Chilton

This is one of the biggest, best-selling financial-planning books of all time. I first read this book when I was 18 years old.

Inside, it explains the story about a guy who goes to a barber and gets financial advice, and the barber ends up becoming a millionaire. Chilton walks you through the steps of how to better manage your money so that you can take control of your financial future.

10. The Millionaire Next Door: The Surprising Secrets of America's Wealthy, Thomas J. Stanley

A lot of people have a misconception about how millionaires live their lives. A lot of them aren't flashy people.  Many millionaires are very conservative with their money, just like the person next door.

An additional book that I suggest you read is called The 4-Hour Workweek: Escape 9-5, Live Anywhere and Join The New Rich written by Tim Ferriss. His book teaches you how to work smarter by outsourcing and delegating your work.

If you read these 10 books, you'll create financial freedom.

The more that you learn, the more that you earn. You owe it to yourself to be financially educated and responsible. If you take action on the information that is found in these books, you will position yourself for long-term financial success and abundance.

I encourage you to choose 5 of the 10 books I've talked about and go deep with them. If you want to study a specific approach to making money, I suggest reading books by investors like Warren Buffett, Ray Dalio, Peter Lynch, George Soros, or Sir John Templeton.

If you want to go deeper with business, study people like Sam Walton, Elon Musk, or Jeff Bezos. However, before you do any of this, get a solid understanding of how to manage your money so that you can create financial habits that will set you up for success.

Which book will you start reading this week?

Do you want to know how to invest your money and build long-term wealth? CLICK HERE to join my Life Mastery Accelerator program which includes videos on money and investing!

Now is the best time to buy stocks.

The Coronavirus outbreak has caused a lot of fears amongst investors.

Last week, both the S&P 500 and Dow Jones Industrials fell 10%. This was the worst day for stocks in more than 32 years.

However, from a historical perspective, a decline in the stock market is usually an ideal investment opportunity.

If you want to know how to invest and buy stocks during this difficult economic time, keep reading.

Watch the video below:

(Click here to watch on YouTube)

This page contains affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). I only ever endorse products that I have personally used and benefitted from personally. Thank you for your support!

The market crash has created a stock-buying opportunity.

Before I dive into this blog, it's important that you know that I'm not a financial advisor. Whatever I buy or trade is based on my opinion and experience as an investor. Hence, it doesn't make it right or wrong. At the end of the day, you have to do your own research and due diligence. Don't buy something just because I tell you to do so.

Also, it's very important that you understand the risks that are involved in investing. Always remember that you are responsible for your own money and investment decisions. I love investing in stocks because I can diversify amongst many different sectors, industries and companies. I can even invest in bonds and real estate. This helps mitigate my risk.

Thus, I don't have to put all of my eggs in one basket. Furthermore, if I wanted to, I can liquidate my stocks very easily. All I need to do is log into a brokerage account or an app on my phone.

When it comes to investing, I'm not trying to get-rich-quick. I'm a long-term investor, meaning that I like to buy great companies and hold them over the long-term. A lot of people like to day trade, but this isn't how I invest. Stocks can be pretty volatile in the short-term. If you are a beginner investor, I don't recommend adopting this investment strategy.

I make my money through 7 online businesses models. In turn, I am in control of how much money I want to make. The more money that I put into it, the more that I get out of it. I take the money that I make from my businesses and I invest it. With that being said, the number one goal that I have when it comes to investing is to not lose money. This is why I'm a conservative investor.

I don't buy anything that is too high risk.

I'm not investing in penny stocks or anything that is too volatile. Rather, I'm investing in companies that I believe will be around for the next 5 to 40 years. You only lose money in the stock market when you sell. However, if you hold, it's highly likely that your investments will recover, rebound and go up.

The first thing that you need is a brokerage account. This is like an online bank account. You can transfer money from your bank account to an online brokerage account and buy and sell stocks through it.  A brokerage account takes a commission on every trade that you make.

However, there are some accounts that have zero fees. I've provided links to some of these account examples below. For the most part, most of the brokerage accounts do the same thing. They all show you the stock name and exchange, symbol, price, chart, and market data.

Oftentimes, you can customize your brokerage account dashboard. For example, you can add more metrics or data to evaluate a certain company. When it comes to deciding which brokerage account to choose, the best strategy is to do your research and find one that is based in the country where you live.

If you're a beginner to investing, I recommend that you get experience buying and selling stocks without using your real money. This is something that I did. It's called paper trading. A paper trade is simulated trading which allows investors to practice buying and selling securities without risking real money. The best advice that I can give you is to familiarize yourself with trading before you start investing real money.

Watch the video above for a sneak peek inside my brokerage account where I show you how to buy stocks. Also, you will be able to watch me invest $10,000!

STOCK BROKERAGE ACCOUNTS I RECOMMEND:

• WeBull is a commission-free stock trading app that is offering 3 FREE STOCKS when you deposit $100
• First Trade (International Brokerage Account)
• Interactive Brokers (U.S. and non-U.S. residents)
• Invest for FREE with M1 Finance

INVESTING RESOURCES FOR BEGINNERS:

• How I’m Investing Amid Coronavirus Panic
• Investing Advice For Beginners
• My $3.5 Million Stock Investment Portfolio
• Yahoo Finance
• Money: Master The Game
• Unshakeable
• Life Mastery Accelerator

This is how to buy stocks while the stock market is in a Bear market.

A lot of people are selling stocks right now in light of the market's downturn. If you have a long-term investment mentality, this is a great time to buy stocks. Even though we are in a bear market, there are still good investments to be had. Don't forget that there is no perfect brokerage account. Pick one, get started and remember that investing is a journey. You will learn as you go.

Which stocks will you buy?

Credit card debt is the worst kind of debt to be in.

I speak from personal experience. When I was in my 20's, I racked up $15,000 in credit card debt.

Clearly, I had no idea how to manage my money effectively.

It was only once I got real with myself and changed my bad money habits that I was able to get out of debt and become financially free.

If you're currently in debt, I want to help you. Ready to discover how I paid off $15,000 in credit card debt, then became a millionaire?

Watch the video below:

(Click here to watch on YouTube)

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There is nothing fun about debt.

The more that you ignore it, the worse that it gets. If you're in debt, you need to know that you're not alone. On average, each U.S. household with a credit card carries $8,398 in credit card debt and the average credit cardholder has at least four cards.

The first step to getting out of debt is understanding why you're in debt in the first place. Self-awareness is the key to changing anything in your life. If you don't learn from your debt experiences and take ownership of your choices, you will continue to make the same money mistakes.

In my personal life, I identified 3 reasons why I got myself into credit card debt in the first place.

First and foremost, I was living above my means. I was spending more money than I had coming in. Anytime that your expenditures are higher than your income, you will fall into debt. Secondly, I wasn't managing my money. I lacked awareness of where my money was going. In effect, I was digging myself into a hole.

Thirdly, I was avoiding the reality of my situation. I knew that I was in debt, but I avoided it because it was painful. It wasn't until I embraced the pain and hit an emotional threshold that I was finally ready to change my financial situation and formulate a plan to get myself out of debt.

Here are the steps that I took to get myself out of credit card debt.

1. I did a balance transfer

Credit card companies want to acquire you as a customer. This is why some companies will incentivize you by giving you a very low-interest rate to transfer your balance from one credit card to another. This is an opportunity for you to save some money and make sure that you're not paying a huge amount of interest on your credit card. In order to find these credit card companies, do a search on Google for the keyword, “credit card balance transfer.” This really helped me get ahead.

2. I learned how to manage my money

In particular, I started tracking everything that I was spending – all of my income and expenses. I stopped paying for things in cash because cash is hard to track. Instead, I used my debit card or credit card for every expense. Every week on a Tuesday I would log into my online banking and track everything that I was spending in an excel spreadsheet.

I looked at how much money I had coming in every single week and month. Then I started tracking all of my expenses, everything from rent to car payments to groceries. Every week I would update this spreadsheet.

Once I became aware of what my spending habits were, I was able to figure out where I was spending too much money. This is how I started to become a good money manager. It felt so empowering to be in control of my finances.

3. I started to create a budget and eliminate expenses

Once I realized that I was in a negative deficit every month I knew that my lifestyle had to change. I started creating a budget so that I wouldn't overspend. I looked at every single expense that I had in my spreadsheet and I asked myself the question, “How can I reduce this or eliminate this expense altogether?”

For example, I looked at how much money I was spending on my rent. At the time, I really loved my downtown Vancouver apartment. However, the reality was that I couldn't afford to live there. I was living a lifestyle that I hadn't earned yet. My options were to downsize my apartment, move back home, or find a roommate. I chose the third option. I lived on my friend's couch for one year and I paid him $500 per month. That's how I chose to save money.

It was very challenging and embarrassing at times. However, I accepted the fact that I had to make that sacrifice so that I could pay off my debt. Secondly, I sold my 1989 beat-up Honda Civic. I got $1,500 for my car and I started taking the bus. Doing so saved me a lot of money on fuel. Yes, it was really inconvenient but it forced me to start listening to audiobooks. I did all of this so that I could have some positive cash flow.

4. I found ways to make more money

I embraced any opportunity that would get me out of debt, even if that meant having two or three jobs. First, I started doing physical labor work. Not only did this job allow me to get into great shape, but I was also able to make some great money. That being said, this type of work was very hard on my body. I gave up my weekends when all of my friends were partying and invested that time into making extra cash flow.

On top on that, I also started doing freelance work as an online marketer.

Lastly, I decided to build an online business. I took advantage of self-education and learned from the people who had already achieved what it is that I wanted. In short, I was willing to invest my money into assets that could appreciate over time. Over time, I created multiple streams of passive income. Eventually, I paid off all of my debt. I can't tell you how good it feels to be debt-free.

This is how I paid off $15,000 in credit card debt, then became a millionaire.

I hope the steps that I've shared inspire you to get yourself out of credit card debt. I encourage you to look at your debt as a blessing. If you are willing to do anything and everything to get rid of it, I promise that your entire life will change for the better. The quicker that you become debt-free, the quicker you can start creating financial freedom and living the life that you've always dreamed of.

Do you want to know which online business is best for you? CLICK HERE to take my FREE online business quiz!

Should you be worried about the Coronavirus?

This is a valid question to ask, especially given the fact that the Coronavirus is negatively impacting so many people's lives.

Globally, the number of cases and deaths related to Coronavirus are growing exponentially every day.

While I don't want to create unnecessary worry for you, I believe that you cannot be naive about a potential threat that could affect your life.

You should always expect the best, but plan and prepare for the worst.

Do you want to know what I am doing from a financial, business and health perspective to prepare for the Coronavirus?

Watch the video below:

(Click here to watch on YouTube)

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Are you ready to master your time, health and energy? CLICK HERE to get instant access to my FREE 21-morning ritual habits cheatsheet!

Coronavirus is negatively affecting my life.

Everything from my travel schedule to my business to my investments have taken a hit. However, it's important that you understand that the media likes to blow things out of proportion. Their job is to create fear and uncertainty in people. This is what gets attention and what, ultimately, incites you to watch their videos. In turn, they make more money.

The fear pandemic surrounding the Coronavirus is driving market sell-offs and other doomsday-is-here behaviors around the world, causing a form of mass hysteria. It's highly likely that the media is making the Coronavirus bigger than it actually is.

In the event that things do get worse, I want to make sure that I have a plan in place to protect myself in the following three areas of my life.

Finances

If you're an investor like myself, you may have noticed that the markets have been volatile as of late. In particular, the S&P 500 has experienced a 10-20% drop. If the market drops beyond 20%, it could trigger a recession. If this happens, the global economy will be affected.

Even though my investment portfolio has taken a huge hit this last week, I see it as a good thing. Why? Because it affords me the opportunity to buy more of the great companies that I love and believe in at a discounted price. Because I am a long-term investor, I know that I have time on my side. I can buy and hold, as long as I don't sell when my investments drop.

Warren Buffett once said that as an investor, you want to be “Fearful when others are greedy and greedy when others are fearful.” I believe that you can make a lot of money when there is a lot of pessimism in the market. When people are afraid, they sell their investments, which, in turn, drives down the prices.

I suggest that you plan to have 3-6 months worth of emergency money, in the event that the Coronavirus gets worse and affects your business or your job.

Business

Most Amazon sellers haven't been too affected by the Coronavirus. Nonetheless, you want to talk to your suppliers and prepare for the worst. If people can't work in their factories and manufacture your products, your business will be negatively affected.

This is why I suggest finding a backup supplier in a different country, like India or Vietnam. One great benefit of having an online business during a crisis like this is the ability to work from home. If I needed to, I could stay at home for months on end and I would be okay.

I have the freedom to change my location whenever I want. However, if your financial stability is based on a 9-to-5 job and going to a physical workspace every day, you are exposing yourself to more risk.

Health and Physical Well-being

When it comes to your health, the most important thing that you can do is to take care of your immune system. From what we know, Coronavirus has been affecting those who have a weak immune system or those who are elderly. You can always control what you put into your body.

Now is the time to make sure that you are eating healthy. More importantly, you don't want to live in fear or scarcity because that will also negatively affect your emotional well-being. As of late, I've been stocking up on a lot of supplements. In particular, ones that can help with viral or respiratory infections.

The three foods that help me when I'm sick or when I'm wanting to prevent myself from getting sick are ginger, onions, and garlic. In terms of supplements, Vitamin C is great to take, as are probiotics, multi-vitamins, and colloidal silver.

This is how I'm preparing for the Coronavirus.

At the end of the day, none of us can control what happens in our external world. However, we always have control over our mental, emotional and physical well-being. I don't live in fear of the Coronavirus. However, I believe that educating yourself about the potential effects of the virus is a smart thing to do.

I pray that the medical field is able to create a vaccine soon that prevents the spread and/or cures the virus altogether. However, until then, the best course of action is to expect the best, yet prepare for the worst.

What actions will you take to prepare for the Coronavirus?

Are you ready to master your time, health and energy? CLICK HERE to get instant access to my FREE 21-morning ritual habits cheatsheet!