So now that we've established how the system is set up, let's look at why you haven't been able to save money. I'll give you a hint. It's not your fault. Aside from the fact that society has bombarded us from an early age with the thought that spending money will make us happy. It's actually our own past experiences that have molded our thoughts about money and why we think we can't save it. And while we can't control a lot of the things that happened to us, we can control how we react to them.

Take a moment and think about your reaction to this statement. Everyone is able to save money and live the life they dream off. If you asked me, I agree with that statement wholeheartedly. It may not be true for some people. Yes, but I believe that the potential is there with knowing the right steps to take and putting in the work. For a lot of you.

You may not agree with that statement. One bit Have you ever wondered why you think that way? Was it because you grew up in a tough environment? Did your family live paycheck to paycheck? Did you always want the finer things, but they were just out of reach for you. There are millions of reasons why you wouldn't want to believe the statement.

And a lot of those reasons come from your past experiences. If you were to ask this questions to someone who grew up in a wealthy neighborhood, went to private schools and country clubs, they would probably agree with the statement. Does that make me someone who grew up in a wealthy neighborhood? Yes. And no, I did grow up there. But then my father made some bad investment decision and we lost it all.

I'm talking bankruptcy and moving in with my cousins. I have the unique perspective of seeing both sides of the coin and have very interesting insights into how the two worlds work. You can imagine The type of thoughts I had about money, keep it close, because it's going to be taken away. Don't make dumb decisions with your money or you lose it all. And the biggest one is I have to succeed to prove that I'm not a failure. All these mindsets have made me the person that I am and are actually helping me teach a course like this for your benefit.

You see, most people get caught in the same mentality. I have to work hard to earn money and live a comfortable life and maybe just maybe I'll be able to live the life that I want on my own terms. those same people think that the billionaires of the world got there because of luck or because they inherited that money and didn't have to work. That is very true for some, but what I'm interested in is the third way in the way that not a lot of people talk about because it's seemingly so hard to do, hacking their way to success. In his book, The third door by Alex Smith Nyan he likens it to getting into the hottest club. There's the line around the block where most people choose to try and get in.

There's the VIP line where you have to know someone or be someone. But there's also the third door, the way in that no one else has thought of. It's so elusive to most that the novelty of the way and is by itself the key to getting in the door. It just so happens to be the window or the back entrance. But there's always another way. And it's the hack that if you knew about, you could save yourself the grief of waiting or the cost of exclusivity.

It's the third option. With a little hard work and ingenuity, you can find the way in and I don't believe in luck. Luck can be described as a bus that makes the same stop every day. If you miss an opportunity. There's another bus on the way. But what most people don't understand is that if you don't have the right fair amount, you're never going to be Getting on that bus no matter how often it comes.

It's the preparation, knowing when the bus comes, how to get a seat, how to time it just right. That's the key to thinking about getting ahead. the mindset that we have about money is the one thing we need to change if we want to change our habits when it comes to saving. Are you like most people and have a few insecurities about money? The first step is to get rid of the shame that surrounds it. It's the shame we have for money or what's typically the case, the money that we don't have that traps that insecurity.

The thing about shame is that it lives within us never seen the light of day, we see the images on TV or the internet about wealth and having it all and we secretly feel less than and we're ashamed of that. But the second view acknowledge that the second you speak the truth chain can't hold its grip on you so tight You give up feeling less than it because you have accepted that it's there. disputing is the act of substituting thoughts that aren't helpful with ones that are. If we believe that savers are cheapens, no fun, then we won't ever want to become a person who saves for fear that others will see us as boring. And there's a difference between being cheap and being frugal. By the way.

Think of cheapest, you're only out to buy the lowest cost items no matter the quality. frugal adds a level of efficiency. You want the best product or service but at the cheapest cost that you can get. But if we're able to find exceptions to the rule that we've set in our mind, we begin to change that opinion. I hope to think that I'm not boring and I'm definitely not a cheapskate. And I've been able to save over $100,000 three separate times in my life.

Saving money is cool, and is able to get you things that you wouldn't have been able to buy just spending that money. The fact is, it's way easier to spend. When we want something, we can just pop over to Amazon and after a few clicks, our items will be on their way to arrive at our doorstep. 48 hours later, no waiting in line, no driving, no haggling on price. It's all done for you. Why wouldn't we spend by delaying our gratification, we get to put that money to better use.

When we buy things were typically buying things that are considered liabilities. We owe a debt to purchase the more we pay for the march write with cash, but they aren't earning any money for us. If we go to sell them, we won't be able to get as much as when we bought them. assets, on the other hand, are things which actually make us money. These are things like rental properties and cars that we rent out on sites like Turo When we start to look at how our purchases affect our bottom line, we gain a greater understanding about the power of saving