As we’ve talked about before here, “The only way you will ever get rich is by creating a product, being a producer, and making massive sales and skyrocketing your income,” says Victor Pride of Bold & Determined.
He goes on to explain:
You don’t get rich by having a limited income and saving a portion of that limited income.
That’s the silly little fib that has been sold to you.
Saving money is reactive. You don’t get rich by reaction, you get rich by proaction.
You have to be a producer to get rich. A money saver is a reducer.
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Pride prides himself (pun was inevitable!) on living a simple life, and hates complication. That includes the way he speaks and spells it out. He is more concerned with motivating you and firing you up than with not offending you.
You and you alone have to keep a keen eye on your assets, you and you alone can provide for your future. You are responsible for you, give up responsibility and you have no right to complain when it doesn’t work out for you.
A few simple rules to live by:
- Trust no one – Unless you are someone’s loving and devoted wife or mother no one gives a damn about your future. Least of all ‘money managers’. Point the finger inward, never outward. It’s your job and your responsibility to make sure you have a future. It pays to be paranoid. Verify everything.
- Produce income – Wealth isn’t coming to you via a paycheck and $3 saved daily on a cup of coffee. It is coming from production, from action, from earning more money.
- Live below your means – You simply cannot be in debt lest you want to work in a 9-5 job forever. Debt is slavery, money and time is freedom. Think big to live little. Cut down the big expenses like housing, automobile, higher education, credit card debt, cell phone bill etc. When your biggest bills are tiny you can afford all the little coffee’s you want. Big expenses do not increase quality of life, they increase stress. No bills, no stress.
- Take action when opportunity presents itself – The real reason to save money, to use it to make more money.
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The reality: To get rich make a lot more money now.
Read the full story on BoldAndDetermined.com.