Part Two: The Wealth Files

Seventeen Ways Rich People Think and Act Differently from Poor and Middle-Class People

Everything begins with your thoughts—which are produced by your mind. Isn’t it amazing that our mind is pretty much the basis for our life and yet most of us have no clue as to how this powerful apparatus functions?

The only thoughts you can have about money will be what are stored in your money file. That’s all you can think about, because that’s all that is in your mind under that category.

As we stated previously, the first step to any change is awareness, meaning the first step to thinking the way rich people think is to know how rich people think.

You can choose to think in ways that will support you in your happiness and success instead of ways that don’t.

Most people understand we are creatures of habit, but what they don’t realize is that there are actually two kinds of habits: doing habits and not-doing habits. Everything you are not doing right now, you are in the habit of not doing. The only way to change these not-doing habits into doing habits is to do them. Reading will assist you, but it’s a whole different world when you go from reading to doing.

Wealth File #1 - Rich people believe “I create my life.” Poor people believe “Life happens to me.”

If you don’t believe this, then you must inherently believe that you have little or no control over your life, and therefore you have little or no control over your financial success. That is not a rich attitude.

You have to believe that you are the one who creates your success, that you are the one who creates your mediocrity.

Poor people play the role of a victim ("poor me").

Victim Clue #1: Blame

The object of this game is to see how many people and circumstances you can point the finger at without ever looking at yourself.

Victim Clue #2: Justifying

justifying or rationalizing their situation by saying something like “Money’s not really important.”

If you said that your husband or your wife, or your boyfriend or your girlfriend, or your partner or your friend, weren’t all that important, would any of them be around for long? I don’t think so, and neither would money!

Money is extremely important in the areas in which it works, and extremely unimportant in the areas in which it doesn’t.

Try paying your bills with love.
No rich people believe money is not important.

Victim Clue #3: Complaining

Complaining is the absolute worst possible thing you could do for your health or your wealth.
“What you focus on expands.”
When you are complaining, You are obviously focusing on what’s wrong.

When you are complaining, you become a living, breathing “crap magnet.”

negative energy is infectious.
“You think that’s bad? Wait till you hear what happened to me!”

For the next seven days, I challenge you to not complain at all. Not just out loud, but in your head as well. But you have to do it for the full seven days.

Blame, justification, and complaining are like pills. They are nothing more than stress reducers.

Remind yourself that you are creating your life and that at every moment you will be attracting either success or crap into your life. It is imperative you choose your thoughts and words wisely!

There is no such thing as a really rich victim!

What do people get out of being a victim? The answer is attention.
We’ve confused attention with love.
it is virtually impossible to be truly happy and successful when you’re constantly yearning for attention. Because if it’s attention you want, you’re at the mercy of others.

It’s time to decide. You can be a victim or you can be rich, but you can’t be both.

DECLARATION: Place your hand on your heart and say…
“I create the exact level of my financial success!”
Touch your head and say…
“I have a millionaire mind!”


  1. Every time you catch yourself blaming, justifying, or complaining, slide your index finger across your neck, as a trigger to remind yourself that you are slitting your financial throat. Once again, even though this gesture may seem a little crude to do to yourself, it’s no more crude than what you’re doing to yourself by blaming, justifying, or complaining, and it will eventually work to alleviate these destructive habits.

  2. Do a “debrief.” At the end of each day, write down one thing that went well and one thing that didn’t. Then write the answer to the following question: “How did I create each of these situations?”

Wealth File #2 - Rich people play the money game to win. Poor people play the money game to not lose.

Poor people play the money game on defense rather than offense.
Their primary concern is survival and security instead of creating wealth and abundance.

The goal of truly rich people is to have massive wealth and abundance. Not just some money, but lots of money. So what is the big goal of poor people? To "have enough to pay the bills…"

If your goal is to be comfortable, chances are you’ll never get rich. But if your goal is to be rich, chances are you’ll end up mighty comfortable.


  1. Write down two financial objectives that demonstrate your intention to create abundance.
  2. Go to an upscale restaurant and order a meal

Wealth File #3 - Rich people are committed to being rich. Poor people want to be rich.

Ask most people if they want to be rich and they’d look at you as if you were crazy. “Of course I want to be rich,”
The truth, however, is that most people don’t really want to be rich.
Because they have a lot of negative wealth files in their subconscious mind that tell them there is something wrong with being rich.

What if I make it and lose it?
I’ll never know if people like me for myself or for my money.
I’ll be at the highest tax bracket and have to give half my money to the government.
It’s too much work.
I could lose my health trying.
Everyone’s going to want a handout.
I could be robbed.
It’s too much responsibility.

This means they have mixed internal messages about wealth. One part of them gleefully says, “Having more money will make life a lot more fun.” But then another part screams, “Yeah, but I’m going to have to work like a dog! What fun is that?”
These mixed messages may seem innocent enough, but in reality, they are one of the major reasons most people never become rich.

The number one reason most people don’t get what they want is that they don’t know what they want.
Rich people are totally clear that they want wealth.
They are fully committed to creating wealth.
Rich people do not send mixed messages to the universe. Poor people do.

The first level is “I want to be rich.” That’s another way of saying, “I’ll take it if it falls in my lap.” Wanting alone is useless.

The second level of wanting is “I choose to be rich.” This entails deciding to become rich. Choosing is a much stronger energy and goes hand in hand with being responsible for creating your reality. The word decision comes from the Latin word decidere, which means “to kill off any other alternatives.” Choosing is better but not best.

The third level of wanting is “I commit to being rich.” The definition of the word commit is “to devote oneself unreservedly.” This means holding absolutely nothing back; giving 100 percent of everything you’ve got to achieving wealth. It means being willing to do whatever it takes for as long as it takes. This is the warrior’s way. No excuses, no ifs, no buts, no maybes—and failure is not an option. The warrior’s way is simple: “I will be rich or I will die trying.”

“I commit to being rich.” Try saying that to yourself….What comes up for you? For some, it feels empowering. For others, it feels daunting.

If you asked them, “Would you bet your life that in the next ten years you will be wealthy?” most would say, “No way!”
It’s precisely because people won’t truly commit to being rich that they are not rich and most likely never will be.

Although they think they’re willing to do whatever it takes, upon deeper questioning I always find they have plenty of conditions around what they are willing to do and not do to succeed!

In my experience, getting rich takes focus, courage, knowledge, expertise, 100 percent of your effort, a never-give-up attitude, and of course a rich mind-set. You also have to believe in your heart of hearts that you can create wealth and that you absolutely deserve it. Again, what this means is that, if you are not fully, totally, and truly committed to creating wealth, chances are you won’t.

Until one is committed, there is hesitancy, the chance to draw back, always ineffectiveness. Concerning all acts of initiative (and creation), there is one elementary truth, the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then providence moves too. A whole stream of events issues from the decision, raising in one’s favor all manner of unforeseen incidents, meetings, and material assistance, which no man could have dreamt would have come his way.

-- W. H. Murray

DECLARATION: Place your hand on your heart and say…
“I commit to being rich.”
Touch your head and say…
“I have a millionaire mind!”


  1. Write a short paragraph on exactly why creating wealth is important to you. Be specific.
  2. Power of commitment: Put your hand on your heart, look that person in the eye, and repeat the following statement: “I, _ [your name], do hereby commit to becoming a millionaire or more by _ [date].” Tell your partner to say, “I believe in you.” Then you say, “Thank you.”

Wealth File #4 - Rich people think big. Poor people think small.

“You will be paid in direct proportion to the value you deliver according to the marketplace.”
supply, demand, quality, and quantity.
how much of your value do you actually deliver to the marketplace?
how many people do you actually serve or affect?
Are you going to play big or play small? It’s your choice.

Most people choose to play small. Why? First, because of fear. They’re scared to death of failure and they’re even more frightened of success. Second, people play small because they feel small. They feel unworthy. They don’t feel they’re good enough or important enough to make a real difference in people’s lives.

But hear this: Your life is not just about you. It’s also about contributing to others. It’s about living true to your mission and reason for being here on this earth at this time. It’s about adding your piece of the puzzle to the world. Most people are so stuck in their egos that everything revolves around me, me, and more me. But if you want to be rich in the truest sense of the word, it can’t only be about you. It has to include adding value to other people’s lives.

“The purpose of our lives is to add value to the people of this generation and those that follow.”

-- Buckminster Fuller

We each came to this earth with natural talents, things we’re just naturally good at. These gifts were given to you for a reason: to use and share with others.

Entrepreneur = “a person who solves problems for people at a profit.”
would you rather solve problems for more people or fewer people?
The by-product is that the more people you help, the “richer” you become, mentally, emotionally, spiritually, and definitely financially.

Make no mistake, every person on this planet has a mission. If you are living right now, there’s a reason for it.
“How will I know when I’ve completed my mission?”
“If you are still breathing, you are not done.”

too many people not doing their job, not fulfilling their duty, or dharma as it’s called in Sanskrit.
I watch too many people playing far too small, and too many people allowing their fear-based ego selves to rule them. The result is that too many of us are not living up to our full potential, in terms of both our own lives and our contribution to others.

What’s your mission? How do you help?

You are a child of God. Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people won’t feel insecure around you. We are all meant to shine, as children do. We were born to make manifest the glory of God that is within us. It is not just in some of us; it is in everyone. And as we let our own light shine, we unconsciously give other people permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.

-- Marianne Williamson

The world doesn’t need more people playing small. It’s time to stop hiding out and start stepping out. It’s time to stop needing and start leading. It’s time to start sharing your gifts instead of hoarding them or pretending they don’t exist. It’s time you started playing the game of life in a “big” way.

“I think big! I choose to help thousands and thousands of people!”


  1. Write down what you believe to be your “natural talents.” These are things you’ve always been naturally good at. Also write how and where you can use more of these gifts in your life and especially your work life.
  2. Write down or brainstorm with a group of people how you can solve problems for ten times the number of people you affect in your job or business now. Come up with at least three different strategies. Think “leverage.”

Wealth File #5 - Rich people focus on opportunities. Poor people focus on obstacles.

Rich people see potential growth. Poor people see potential loss. Rich people focus on the rewards. Poor focus on the risks.

we’re talking about your habitual perspective on the world. Poor people make choices based upon fear. Their minds are constantly scanning for what is wrong or could go wrong in any situation. Their primary mind-set is “What if it doesn’t work?”
Rich people, as we’ve said earlier, take responsibility for the results in their lives and act upon the mind-set “It will work because I’ll make it work.”
Rich people expect to succeed. They have confidence in their abilities, they have confidence in their creativity.

rich people focus on what they want, while poor people focus on what they don’t want.
When obstacles arise, handle them, then quickly refocus on your vision. You do not make your life about solving problems.
You don’t spend all your time fighting fires.

“Ready, fire, aim!” What do we mean? Get ready the best you can in as short a time as possible; take action; then correct along the way.

I have a motto: “Action always beats inaction.” Rich people get started. They trust that once they get in the game, they can make intelligent decisions in the present moment, make corrections, and adjust their sails along the way.

Poor people don’t trust in themselves or their abilities, so they believe they have to know everything in advance, which is virtually impossible.

In the end, by telling themselves, “I’m not doing anything until I’ve identified every possible problem and know exactly what to do about it,” poor people never take action and therefore always lose.
Rich people see an opportunity, jump on it, and get even richer. As for poor people? They’re still “preparing”!

“I focus on opportunities over obstacles.”


  1. Get in the game. Consider a situation or project you’ve wanted to start. Whatever you’ve been waiting for, forget it. Begin now from wherever you are with whatever you’ve got. If possible, do it while working for or with someone else, first, to learn the ropes.
  2. Practice optimism. Today, whatever anyone says is a problem or an obstacle, reframe it into an opportunity.
  3. Focus on what you have, not on what you don’t have. Make a list of ten things you are grateful for in your life and read the list aloud. Then read it each morning for the next thirty days.

Wealth File #6 - Rich people admire other rich and successful people. Poor people resent rich and successful people.

if you view rich people as bad in any way, you can never be rich.
As if they believe that rich people make them poor. “Yup, that’s right, rich people took all the money so there’s none left for me.” Of course, this is perfect victim talk.

In my experience, the richest people I know are the nicest people I know. They are also the most generous.
I want you to practice admiring rich people, I want you to practice blessing rich people, and I want you to practice loving rich people.

bless that which you want. If you see a person with a beautiful home, bless that person and bless that home. If you see a person with a beautiful car, bless that person and bless that car. If you see a person with a loving family, bless that person and bless that family. If you see a person with a beautiful body, bless that person and bless their body.


  1. look at beautiful homes, gorgeous cars, and read about successful businesses. Whatever you see that you like, bless it, and bless the owners or the people involved.
  2. Write and send a short letter or e-mail to someone you know of (not necessarily personally) who is highly successful in any arena, telling them how much you admire and honor them for their achievements.

Wealth File #7 - Rich people associate with positive, successful people. Poor people associate with negative or unsuccessful people.

Successful people look at other successful people as a means to motivate themselves. They see other successful people as models to learn from. They say to themselves, “If they can do it, I can do it.”

Rich people are grateful that others have succeeded before them so that they now have a blueprint to follow that will make it easier to attain their own success.
Consequently, the fastest and easiest way to create wealth is to learn exactly how rich people, who are masters of money, play the game. The goal is to simply model their inner and outer strategies. It just makes sense: if you take the exact same actions and have the exact same mind-set, chances are good you will get the exact same results. That’s what I did and that’s what this entire book is about.

Contrary to the rich, when poor people hear about other people’s success, they often judge them, criticize them, mock them, and try to pull them down to their own level.
The question is, how can you possibly learn from or be inspired by someone you put down?

People actually have to work hard to stay “dark” when light is all around them. Your job is simply to be the best you can be.
that’s your test! Just as steel is hardened in the fire, if you can remain true to your values while others around you are full of doubt and even condemnation, you’ll grow faster and stronger.
The more negative they are, the more reminders you have about how ugly that way of being really is.

“If you want to fly with the eagles, don’t swim with the ducks!”


  1. Go to the library, a bookstore, or the Internet and read a biography of someone who is or was extremely rich and successful. Andrew Carnegie, John D. Rockefeller, Mary Kay, Donald Trump, Warren Buffett, Jack Welch, Bill Gates, and Ted Turner are some good examples. Copy their mindset.
  2. Join a high-end club, such as for tennis, health, business, or golf. Mingle with rich people in a rich environment. Or, if there’s no way you can afford to join a high-end club, have coffee or tea in the classiest hotel in your city. Get comfortable in this atmosphere and watch the patrons, noticing they’re no different from you.
  3. Identify a situation or a person who is a downer in your life. Remove yourself from that situation or association.
  4. Stop watching trash TV and stay away from bad news.

Wealth File #8 - Rich people are willing to promote themselves and their value. Poor people think negatively about selling and promotion.

Resenting promotion is one of the greatest obstacles to success. People who have issues with selling and promotion are usually broke.

The feeling in this case is that if people want what you have, they should somehow find and come to you. People who have this belief are either broke or soon will be, that’s for sure.

Rich people are usually leaders, and all great leaders are great promoters. To be a leader, you must inherently have followers and supporters, which means that you have to be adept at selling, inspiring, and motivating people to buy into your vision.
any leader who can’t or won’t promote will not be a leader for long, be it in politics, business, sports, or even as a parent.

It boils down to your beliefs. Do you really believe in your value? Do you really believe in the product or service you’re offering? Do you really believe that what you have will be of benefit to whomever you’re promoting it to?
If you believe in your value, how could it possibly be appropriate to hide it from people who need it?
Suppose you had a cure for arthritis, and you met someone who was suffering and in pain with the disease. Would you hide it from him or her? Would you wait for that person to read your mind or guess that you have a product that could help?
More often than not, people who have a problem with promotion don’t fully believe in their product or don’t fully believe in themselves. Consequently, it’s difficult for them to imagine that other people believe so strongly in their value.

If you believe that what you have to offer can truly assist people, it’s your duty to let as many people as possible know about it. In this way, you not only help people, you get rich!

“I promote my value to others with passion and enthusiasm.”


  1. Rate the product or service you are currently offering (or you are planning to offer) from 1 to 10 in terms of how much you believe in its value. If your rating result is 7–9, revise your product or service to increase the value. If your result is 6 or below, stop offering that product or service and start representing something you truly believe in.
  2. Read books, listen to audios and CDs, and take courses on marketing and sales. Become an expert in both of these arenas to a point where you can promote your value successfully and with 100 percent integrity.

Wealth File #9 - Rich people are bigger than their problems. Poor people are smaller than their problems.

Poor people will do almost anything to avoid problems. They see a challenge and they run. The irony is that in their quest to make sure they don’t have problems, they have the biggest problem of all…they’re broke and miserable.

The secret to success, my friends, is not to try to avoid or get rid of or shrink from your problems; the secret is to grow yourself so that you are bigger than any problem.

The size of the problem is never the issue—what matters is the size of you!
If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you!
Again, your wealth can only grow to the extent that you do!

Warrior = “one who conquers oneself.”


  1. Whenever you are feeling upset over a “big” problem, point to yourself and say, “Mini me, mini me.” Then take a deep breath and say to yourself, “I can handle this. I am bigger than any problem.”
  2. Write down a problem you are having in your life. Then list ten specific actions you can take to resolve or at least improve this situation. This will move you from problem thinking into solution thinking.

Wealth File #10 - Rich people are excellent receivers. Poor people are poor receivers.

because they are poor at receiving, they don’t!
many people feel unworthy or undeserving. I would guess that over 90 percent of individuals have feelings of not being good enough running through their veins.
Where does this low self-esteem come from? The usual—our conditioning.

feeling of unworthiness won’t prevent you from getting rich; from a strictly financial point of view this could actually be a motivational asset.

You decide it. You and you alone determine if you’re going to be worthy.
you will live into your story.

Can you imagine a squirrel saying, “I’m not going to collect many nuts this year to prepare for winter because I’m not worthy?” Doubtful, because these low-intelligence creatures would never do that to themselves. Only the most evolved creature on the planet, the human being, has the ability to limit itself like this.

since it’s a lot easier to change your story than your worthiness, instead of worrying about changing your worthiness, change your story.
Simply make up a new and much more supportive story and live into that.

Please kneel down on one knee and bow your head in respect. Ready, here goes. “BY THE POWER INVESTED IN ME, I HEREBY ANOINT YOU AS ‘WORTHY’ FROM NOW UNTIL FOREVER MORE!”

if you are not willing to receive, then you are “ripping off” those who want to give to you.

There’s plenty of it, trillions of trillions of dollars floating around, it’s in definite abundance, and it has to go somewhere. The deal is this: if somebody isn’t willing to receive his or her share, it must go to whoever will. The rain doesn’t care who gets it and neither does money.

Money will only make you more of what you already are.

you will have to consciously practice receiving the best life has to offer.
I want you to practice going crazy with excitement and gratitude anytime you find or receive any money.

First, expand your receiving “box.” Then watch as the money comes in to fill it.
the universe abhors a vacuum. In other words, an empty space will always be filled.

How you do anything is how you do everything.

“I am an excellent receiver. I am open and willing to receive massive amounts of money into my life.”


  1. Practice being an excellent receiver. Each time someone gives you a compliment of any sort, simply say, “Thank you.” Do not return a compliment to that person at the same time. This also allows the giver of the compliment the joy of giving the gift without it being thrown back at them.
  2. Any, and I mean any, money you find or receive should enthusiastically be celebrated. Go ahead and scream out, “I’m a money magnet. Thank you, thank you, thank you.” This goes for money you find on the ground, for money you get as gifts, for money you get from the government, for money you get as a paycheck, and for money you get from your business.
  3. Pamper yourself. At least once a month do something special to nurture yourself and your spirit. Get a massage, a manicure, or a pedicure, take yourself for an extravagant lunch or dinner, rent a boat or a weekend cottage, have someone bring you breakfast in bed. Do things that will allow you to feel rich and deserving.

Wealth File #11 - Rich people choose to get paid based on results. Poor people choose to get paid based on time.

“Go to school, get good grades, get a good job, get a steady paycheck, be on time, work hard…and you’ll live happily ever after”
Unfortunately, this sage advice comes directly from the Book of Fairy Tales, Volume I, right after the tooth fairy story.

Living based in security is living based in fear. What you’re actually saying is “I’m afraid I won’t be able to earn enough based on my performance, so I’ll settle for earning just enough to survive or to be comfortable.”
Rich people prefer to get paid based on the results they produce.
Rich people believe in themselves. They believe in their value and in their ability to deliver it. Poor people don’t. That’s why they need “guarantees.”

Poor people trade their time for money. The problem with this strategy is that your time is limited. This means that you invariably end up breaking Wealth Rule #1, which states, “Never have a ceiling on your income.” If you choose to get paid for your time, you are pretty much killing your chances for wealth.

“You’ll never get rich working on straight salary for someone else. If you’re going to get a job, make sure you get paid on percentage. Otherwise, go work for yourself !”


  1. If you are currently in a job getting paid based on an hourly wage or salary, create and propose a compensation plan to your employer that would allow you to get paid at least partly based on your individual results as well as the results of the company.
  2. If you are currently in a job and not being paid what you are worth based on the results you are producing, consider starting start your own business. join a network marketing company or become a coach, teaching others what you know, or offer your independent consulting services back to the company you originally worked for, but this time, paid on performance and results rather than only for your time.

Wealth File #12 - Rich people think “both.” Poor people think “either/or.”

Rich people live in a world of abundance. Poor people live in a world of limitations. Of course, both live in the same physical world, but the difference is in their perspective. Poor and most middle-class people come from scarcity. They live by mottos such as “There’s only so much to go around, there’s never enough, and you can’t have everything.”

Do you want a successful career or a close relationship with your family? Both! Do you want to focus on business or have fun and play? Both! Do you want money or meaning in your life? Both! Do you want to earn a fortune or do the work you love? Both! Poor people always choose one, rich people choose both.

“How can I have both?” This question will change your life.

What’s more important, your arm or your leg? Could it be that both are important?

Poor people don’t believe they deserve cake, so they order a doughnut, focus on the hole, and wonder why they have “nothing.”


  1. Practice thinking and creating ways of having “both.” Whenever alternatives are presented to you, ask yourself, “How can I have both?”
  2. Become aware that money in circulation adds to everyone’s life. Each time you spend money, say to yourself, “This money will go through hundreds of people and create value for all of them.”
  3. Think of yourself as a role model for others—showing that you can be kind, generous, loving, and rich!

Wealth File #13 - Rich people focus on their net worth. Poor people focus on their working income.

Net worth is the financial value of everything you own. To determine your net worth, add up the value of everything you own, including your cash and investments such as stocks, bonds, real estate, the current value of your business if you own one, the value of your residence if you own it, and then subtract everything you owe. Net worth is the ultimate measure of wealth because, if necessary, what you own can eventually be liquidated into cash.

The four net worth factors are:

  1. Income
  2. Savings
  3. Investments
  4. Simplification

Income comes in two forms: working income and passive income.
Unfortunately, poor and many middle-class people focus exclusively on working income, out of the four factors. Consequently, they end up with a low or no net worth.

Passive income is money earned without you actively working.

Savings is also imperative. You can earn wads of money. But if you don’t keep any of it, you will never create wealth. Many people have a financial blueprint that is wired for spending.

Once you’ve begun saving a decent portion of your income, then you can move to the next stage and make your money grow through investing. Generally, the better you are at investing, the faster your money will grow and generate a greater net worth. Rich people take the time and energy to learn about investing and investments.

By decreasing your cost of living, you increase your savings and the amount of funds available for investing.

Parkinson’s Law, which states, “Expenses will always rise in direct proportion to income.”
Here’s what’s normal in our society. You have a car, you make more money, and you get a better car. You have a house, you make more money, and you get a bigger house. You have clothes, you make more money, and you get nicer clothes. You have holidays, you make more money, and you spend more on holidays.

Take a blank sheet of paper and title it “Net Worth.” Then create a simple chart that begins with zero and ends with whatever your net worth objective is. Note your current net worth as it is today. Then every ninety days, enter your new net worth. That’s it. If you do this, you will find yourself getting richer and richer. Why? Because you will be “tracking” your net worth.
“Where attention goes, energy flows and results show.”


  1. Focus on all four net worth factors: increasing your income, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.
  2. Create a net worth statement. To do this, add the current dollar value of everything you own (your assets) and subtract the total value of everything you owe (your liabilities). Commit to tracking and revising this statement each quarter. Again, by virtue of the law of focus, what you track will increase.
  3. Hire a financial planner who is highly successful and works with a well-known, reputable company.

Wealth File #14 - Rich people manage their money well. Poor people mismanage their money well.

Wealthy people are not any smarter than poor people; they just have different and more supportive money habits.
the single biggest difference between financial success and financial failure is how well you manage your money.

“Until you show you can handle what you’ve got, you won’t get any more!”
You must acquire the habits and skills of managing a small amount of money before you can have a large amount.


  1. Open your Financial Freedom bank account. Put 10 percent of all your income (after taxes) into this account. This money is never to be spent, only invested to produce passive income for your retirement.
  2. Create a Financial Freedom jar in your home and deposit money into it every day. It could be $10, $5, $1, a single penny, or all your loose change. Again, this will put daily attention on your financial freedom.
  3. Open a play account or have a play jar in your home where you deposit 10 percent of all your income. Along with your play account and your financial freedom account, open four more accounts and deposit the following percentages into each:
    10 percent into your Long-Term Savings for Spending Account
    10 percent into your Education Account
    50 percent into your Necessities Account
    10 percent into your Give Account
  4. Whatever money you have, begin managing it now. Do not wait another day. Even if you only have a dollar. Manage that dollar. Take ten cents and put it into your FFA jar, and another ten cents and put it into your play jar. This action alone will send a message to the universe that you are ready for more money. Of course if you can manage more, manage more.

Wealth File #15 - Rich people have their money work hard for them. Poor people work hard for their money.

If you’re like most people, you grew up being programmed that you “have to work hard for money.” Chances are good, however, that you didn’t grow up with the conditioning that it was just as important to make your money “work hard for you.”

working hard alone will never make you rich.
Rich people can spend their days playing and relaxing because they work smart. They understand and use leverage. They employ other people to work for them and their money to work for them.

Financial Freedom = the ability to live the lifestyle you desire without having to work or rely on anyone else for money.

I can’t overemphasize the importance of creating passive income structures. It’s simple. Without passive income you can never be free.

Unfortunately, almost everyone has a money blueprint that is set for earning working income and against earning passive income.

Rich people think long-term. They balance their spending on enjoyment today with investing for freedom tomorrow.


  1. Get educated. Take investment seminars. Read at least one investment book a month. Read magazines such as Money, Forbes, Barron’s, and the Wall Street Journal. I’m not suggesting you follow their advice, I’m suggesting you get familiar with what financial options are out there. Then choose an arena to become an expert in and begin investing in that area.
  2. Change your focus from “active” income to “passive” income. List at least three specific strategies with which you could create income without working, in either the investment or the business field. Begin researching and then take action on these strategies.
  3. Don’t wait to buy real estate. Buy real estate and wait.