Here is how to create wealth with low income and how to start to attract more money in your life even if you don't have very much of it right now. When you do these simple steps, you're going to start to see the dollar signs or rather the commas and the zeros start to multiply in your life as your bank account grows quickly and easily.
So the first thing that has to happen to start to change your financial life, is you have to abolish the idea that it takes money to make money. Maybe that was true 75 years ago, but we live in a totally different world. We don't live in your great-grandma's world anymore. But what happens is people look at their bank account and they don't see money in it.
So they assume that based off of what they're seeing now, they're able to predict their future. If you believe that it takes money to make money or you believe it's about who you know. The problem with that is you can predict what your future is going to be because if it takes money to make money and you don't have any money, guess how much money you're going to have in the future...
We live in a world where you can use the internet and you can create eyelids. What I've done, I've created an audience on the internet. You're able to meet the right people. And furthermore, based off all the technologies and softwares we have today, you actually don't need to know the types of people that you used to know.
In the most exclusive industries In today's world, you see musicians all the time who get up on YouTube and SoundCloud and they build their own audience and their own multimillion dollar enterprise. They keep all the money, they don't give it to a record label, and they didn't know anybody in the industry. So the fact remains, what it takes is commitment to make money.
It doesn't take money to make money, but if you tell yourself that you're going to keep recreating the same brokenness over and over and over again. So what I want you to do is I want you to say this phrase to yourself right now. "I attract all the money I need for everything I require". What you need is that commitment to say, my financial life is changing. It hasn't been what i've wanted yet, but that's ok because I am worthy of it and it's on it's way!
There's so many people that aren't that bright, that have a lot of money. Furthermore, the federal reserve is printing so much money that our currency is getting killed. Paper currencies all around the world are getting killed. They're called fiat currencies. Why? Because the fed has printed so much money.
There is so much money in circulation right now in the overnight repo markets. They're printing more money per day then there are people in the world. Do you realize there's never been a better time in human history in order to start to earn a better income? To have financial independence, to have money to invest, have money to save, to have money to retire. You need to realize you're not too old and you're not too young. You're not too stupid or not smart enough.
That was the big one for me. I didn't think I was smart enough because I dropped out of college when I was 19 and I was brain washed by my society to believe that if I didn't go to college, I wouldn't be successful. I'm a 3X published author with the biggest publishing company in the world.
I was 20 years old when I wrote my first book. So I had all these limiting beliefs that were like, man, you're stupid. I was diagnosed with add and ADHD when I was in high school, so I didn't think I was smart. I didn't think I could concentrate, but I had this really deep desire to change my life. But limiting beliefs held me back for a long time.
You need to know the what. what happens is people don't know how or they think the how is impossible. So they talk themselves out of the what. They talk themselves out of even making a goal because they don't think the goal is possible in the first place. You know, I was reading Arnold Schwarzenegger's autobiography it's called Total Recall. I'll summarize a couple of the most impactful points. I think the very first thing that stood out in my mind, is that Arnold grew up in the middle of nowhere.
Some place way outside of Germany in the middle of nowhere. No electricity, no running water. And since he was a little kid, he started taking index cards and writing what he wanted on the index cards and he would carry them around with him in his pocket. So when he was eight or nine years old, he basically said on an index card that "I'm a world famous actor". Everyone including his parents thought he was insane and he made it happen. Why? Because when you clearly define your financial goals, when you clearly define your material success, when you clearly define your career success, you will achieve it.
But the problem is people don't commit to that because they've already told themselves they don't have the money, they don't have the resources, they didn't go to Harvard and they didn't go to Yale. They don't have a high IQ. IQ is stupid. If you look it up, the creator of the IQ created the IQ actually to help to diagnose children with learning disabilities.
That's why the IQ is created. If you look it up, just go on Google and type in IQ creator condemns test. He says it should not be a measure of intelligence, but whether it's IQ or GPA or people look at their past tax returns, they use it to decide whether they are good enough or smart enough to make money and it's simply not true.
When you grasp that, whatever endeavor you decide to pursue will become successful. So what I want you to do is comment down below. I am worthy of becoming rich. What emotions arise when you say that? Maybe the religion you grew up in or the household you grew up in, they demonize people with money.
Dude, the reality is you're going to be a more important person to civilization and humanity if you have a lot of money, you're going to be able to employ your friends. You're going to be able to donate to churches and charities. You're going to be able to help rebuild communities.
We need awesome people who are rich, not greedy people. We need awesome people who are rich. So When you would ingrain this into your head, you will no longer identify yourself as somebody who has a low income. And when you block that ID out of your head and you realize it's just the past, you realize you're totally open to a whole new financial future.
What I invite you to do is look at any of these limiting beliefs you might have with respect to money.
It's never been a better time in human history and i'm here to tell you that you can kick all of your limitations in the butt and realize that if you can start to tell yourself you are worthy of becoming rich and you might not know how, you might not see every step on the staircase, but you can actually attract it into your life if you don't talk yourself out of it before you get going. So pull out a piece of paper or an index card. Write what you want financially. Clearly define your goals.
Jake Ducey is a two-time published author with Penguin/Random-House (The Purpose Principles and Profit From Happiness), a leading speaker for his generation having been featured in TEDx Youth, hired by mega organizations such as Nielsen and Accenture, and a leader who has already inspired countless thousands of young people to seek meaningful career success and to make a difference in the world.