Consider this for a moment: What is money? Many people harbor fears about money and even greater fears about spending it. However, it's essential to understand that money is good.
It's just a tool that was created for exchange.
Other than that, There is no real value in money. You can't use it to stay warm, you can't eat it, you can only trade it for something else that you want. Just think, everyone who exchanges money for something does it because they feel that what they are getting in exchange is greater than keeping the money or using it for something else.
Each time you contemplate using money in a trade, you're essentially asking yourself:
Would you prefer to have that money in your pocket, or the thing that that money can buy?
Money stewardship is a pivotal part of living life on the Second Mountain.
Why? Because one of the most effective ways to utilize money is to purchase speed. By investing money, you can accelerate progress towards your life goals.
You can do this in one of three ways.
GO DEEPER: THE ONLY THREE THINGS YOU CAN DO WITH MONEY.
- ACQUIRE: You can use money to purchase things
- ACCOMPLISH: You can use money to achieve goals
- CONTRIBUTE: You can use money to help others.
WHY IT MATTERS: These activities are not only enjoyable but also helpful in defining your vision of financial stewardship in your life. They serve as reminders of how money can help propel you to your purpose, engage all your senses, and activate your subconscious mind towards success. Consequently, your desire for financial success will continue to grow.
ACQUIRE
IF ALL CARS COST ONLY $1, WHAT KINDS WOULD YOU BUY?
IF YOU COULD TRAVEL ANYWHERE AND STAY AS LONG AS YOU WANTED, WHERE WOULD YOU GO?
WHAT ARE THE ATTRIBUTES OF YOUR DREAM HOME?
WHAT OTHER "TOYS" (BOATS, VEHICLES, GUNS, GADGETS, CLOTHES, ACCESSORIES, ETC) DO YOU WANT?
HOW CAN ACQUIRING THESE THINGS HELP YOU GET CLOSER TO ACCOMPLISHING YOUR PURPOSE?
ACCOMPLISH
HOW MUCH MONEY DO YOU WANT TO HAVE IN YOUR SAVINGS ACCOUNT?
HOW OLD DO YOU WANT TO BE WHEN YOU ARE ABLE TO RETIRE OR BE JOB OPTIONAL?
WHAT HOBBIES WOULD YOU LIKE TO PUT MORE TIME AND MONEY INTO?
WHAT KIND OF ADVENTURES WOULD YOU LIKE TO GO ON?
(ex: race in baja 1000, sail around the world, cage dive with great white sharks, get your pilot's license, take a motorcycle trip through 107 towns of tuscany, etc)
WHO WOULD YOU LIKE TO MEET?
WHAT THINGS WOULD YOU LIKE TO HAVE MORE TIME TO STUDY AND LEARN ABOUT?
HOW CAN ACCOMPLISHING THESE THINGS HELP YOU GET CLOSER TO ACCOMPLISHING YOUR PURPOSE?
CONTRIBUTE
TO WHAT CHARITIES WOULD YOU LIKE TO CONTRIBUTE MORE TIME AND MONEY?
WHAT ACTIVITIES WOULD YOU LIKE TO HAVE MORE TIME AND MONEY TO SPEND DOING WITH YOUR FAMILY?
WHAT CAUSES WOULD YOU LIKE TO SEE EXPANDED WITH THE HELP OF YOUR TIME AND MONEY?
HOW DOES CONTRIBUTING TO THESE THINGS HELP YOU GET CLOSER TO ACCOMPLISHING YOUR PURPOSE?
more tomorrow,
Hunter