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5 Harsh Truth That Will Change Your Relationship With Money

Sometimes the truth hurts but it’ll set you free. 💲Patreon Exclusive💲   / tommybryson   😎Call Me😎: https://bit.ly/30IBr0i 😎Second Channel😎: https://bit.ly/3c4sVPS 👨🏽‍💻Financial Freedom Course👨🏽‍💻$100 OFF CODE: LONGTERM Link: https://longtermteam.teachable.com/p/... 1. Focus on the right thing People are so focused on making more money Increasing income Increasing passive income But they don’t focus on: Decreasing expenses Have fewer needs And erasing the consumer mindset When I was broke: I wanted to make 10k per month Then I did it And I want to buy a house with a mortgage of 6k ( do you know why ?) It’s a law: As income rises so do expenses But if you are really smart, as your income rises you keep your expenses low Today I spend $1200 a month with a wife ( my needs are so minimal, that I could literally work 2-3 times a week and not have any need to work anymore – or just quit my job and live off my investments ) You tell me what is better, going on 10 vacation or not having to work and having time for my family 2. You’re ignorant, not stupid When people say, they are stupid and they don’t get it, I don’t like it Would you be considered stupid just because you never knew a set of facts that have never been told to you So here is a set of things I didn’t know and how I learned them: I didn’t know why saving money was important I didn’t know how to invest money How to budget And how to earn money But most importantly I didn’t know when enough was enough 3 books for you The richest man in Babylon Your money or your life The psychology of money The only good way I know how to learn: Has been by books I didn’t have good people around me on these subjects YouTube is great for certain topics but for other topics you need full books on 3. Impatients is going to make you poor forever You want to get rich fast Why don’t you go run a marathon in 10m It's not possible, the fastest time is a little less than 2 hours and I mean a little less than 2 hours Stop wasting your time trying to find gold Use your time to build something that you can actually build Stop looking for a 1 dollar investment that will make you 1 million Look for good investments that make you good money 4. Life is not about accumulating money Here is an example that many people never get the chance to experience but if you are watching this video ( maybe one day you will ) Let's say you need $2,000 to live per month You make from passive income about $1000 And from a part-time job you work another $1000 You only work 2 times a week to get this done They offer you a position making $60k a year working 5 days a week Is it worth it? The answer is no If you don’t need any money and the exchange you make to make more money is time, something you do need and limited Then the trade doesn’t make sense Beucase yes your income increases, but you don’t need the cash Tip: I would only do this to build a buffer surplus Maybe of 10-50% In case something happens 5. You can't get everythig you want, but you can get the things you need We live in a world where everyone has a child mentality If you want something go get it And you should have it Truth is : You probably won't get a mansion won't have every car you want won't have the fancy wife you want But you can get the things you really need in life ( your job is to find out what those things are ) For me it is: God Wife and Family Shelter and security PRO TIP* INFORMATION IS EVERYTHING 💲Patreon Exclusive💲   / tommybryson   👕Merch👕 https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽‍💻DISCORD PRIVATE GROUP👨🏽‍💻   / discord   My Camera Gear: https://www.amazon.com/shop/tommybryson ✔ Help Us Reach 600,000 Subscribers: https://goo.gl/0wvm6w 😎All My Social Media😎 Link: https://linktr.ee/tommybryson *Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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