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9 Phrases Every Millionaire Avoids

Money tends to react to your attitude about it. Rewire your mind by assuming that you’re ready for true wealth.

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Everywhere I go, I hear people talking about money.

At one particular conference, I heard a group discussing how “Money Isn’t Everything” and “Money Doesn’t Make You Happy.” After noticing their poor thoughts, I knew that this was clearly the conversation to avoid.

Many people proudly preach their philosophies about money. Unfortunately, I find that they are seriously miseducated about personal finances. However, when it comes to having money, there’s a certain way of thinking about it.

We-recommend-tickWe recommend: 5 Things Millionaires Do That Most People Don’t

Let’s dive deeper into the 9 phrases every millionaire should avoid:

1. I Work Hard for My Money

The majority of people think that they must “work hard” for their money. This forces them to grind, even when it’s completely unnecessary.

You don’t have to work hard for money, but you must let money work for you. Money is never hard to come by if you can attract it.

Instead, say this: Money easily comes to me from all directions. I am always prospering.

2. Money Doesn’t Grow on Trees

This person is basically stating they believe money must come from only one source, which is an erroneous thought that many people have.

Instead of thinking that you can only get money from a particular place or person, believe that it can come from anywhere and at anytime. If you want to become a millionaire, you’ll most likely need multiple income streams.

3. It’s Too Expensive/We Can’t Afford It

This usually happens when a person meets an immovable price. The truth is that the price you may be seeing is exactly the limitation you need to overcome and often separates most people from achieving their goals.

If you live by the price, you die by the price. In other words, if the price was always cheap, everyone would have it and no one would work for anything.

4. Save for a Rainy Day

When people talk to me about saving, they meekly chuckle and say, “Ya know, you gotta save for the rainy days.” What they’re basically saying is, “I expect disaster and my savings account will immediately diminish when it happens.”

Instead, save for sunny days, which are days of prosperity – luxury vacations, homes, big investments, etc.

We-recommend-tickWe recommend: (Slideshow) Best Advice from Self-Made Millionaires

5. Money is The Root of All Evil

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This is a highly misquoted verse in the Bible. This makes people also believe that rich people are evil. However, the proper quotation states, “The LOVE of money is the root of all evil.”

Money has no personality. Therefore, it cannot act in a good or evil manner. If money was evil, how would you have a device to read this article right now?

The lack of money is the root of all evil – Mark Twain

6. My Spouse Runs the Finances

This person clearly doesn’t take responsibility over their money and doesn’t deserve to have more of it. The other day, I heard a man say, “My wife keeps ALL of the money. I NEVER touch any of it.” It wasn’t a big surprise that this man was always in financial despair. Lesson: Always know what’s in your bank account, even if you trust your spouse. Check it everyday.

7. It’s Not in My Budget

There’s a lot of people who advocate that “money is tight” or that they’re “bootstrapping.” These absurd phrases repel wealth away from them entirely.

If you close your wallet and force yourself to believe that a product or service cannot be acquired, you’ll probably never get it. Instead, ask, “How can I acquire this product or service?” or “What must I do to make this purchase happen?”

8. Money Doesn’t Make You Happy

I always smile when I receive money. It really makes me happy. After all, I can take care of my family and buy many things that make life easier.

When people say, “Money can’t buy happiness,” they’re referring to the people that they see on mass media, not the majority of actual millionaires who enjoy their lavish and happy lives. Truthfully, I was never happy when I didn’t have money. Been there, done that.

We-recommend-tickWe recommend: The 5 Non-Negotiables for Thriving in Business and Life

9. Money Isn’t That Important

People often say, “It’s just money” and “I don’t do it for the money.” If it’s “just money” and you “don’t do it for the money,” why do you accept money when it comes to you?

Money is very important and must be taught at home, school, work, and religious circles. Those who evade the responsibilities of money will cease to have any of it.

Money tends to react to your attitude about it. If you have mixed feelings about what money means to you, begin by jotting down your thoughts and refrain from using these phrases.

Rewire your mind by assuming that you’re ready for true wealth. Find a great teacher to coach you. And remember, when the mind is ready the money will come. The world will only give you money when you’re ready for it.

This article was originally posted here on Entrepreneur.com.

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Personal Finance

6 Ways To Develop A Millionaire Mindset

Chasing money has remarkably little to do with getting rich.

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If you truly want to have a million dollars, you must first be and think like a millionaire. By doing so, you will attract the necessary resources to you.

So, you want to become a millionaire entrepreneur? You’re not alone. Many dream of leaving their job and becoming their own boss, enjoying the various millionaire lifestyles we watch on TV. But there’s a difference between those who dream of becoming millionaires and those who do. And it begins and ends with mindset. If you don’t develop that mindset, you will continue to spin your wheels, working just as hard, but never going anywhere.

Developing a millionaire mindset requires you to stretch your thinking. Start by developing the following six attributes.

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Personal Finance

4 Ways To Become A Millionaire Even When You Start With Little

It costs nothing to take advantage of the limitless opportunities online.

Timothy Sykes

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The hardest part of becoming successful is getting started to begin with. But despite the challenges ahead of you, there’s a way to become a millionaire when starting with little. I’m going to show you four reasons why you can become a millionaire with just a small investment.

1. First focus on learning, not big gain

Education is your greatest weapon. Focus on learning in the beginning. Don’t make the mistake of focusing on making huge gains in the beginning. Learn everything you can because this is how you build the foundations for long-term gains.

Related: 21 Choices Millionaires Make That You Aren’t Making But Should Be

They say that if a millionaire goes bankrupt they’ll nearly always be able to get it back. And that’s because they might have lost their money, but they have the knowledge of how to get back to where they need to be.

2. You can learn loads about any topic online

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I’m grateful for the internet. It’s the single biggest library in the world. You’re reading this article right now and you’re acquiring knowledge you wouldn’t have been able to acquire 40 years ago.

Use the internet to its fullest extent, whether that’s through reading books, browsing articles or watching video tutorials. Set some time aside every day to learn something online. It could be a video series or a favorite blog.

When you get into the habit of learning regularly you’ll find that you advance much faster.

3. Focus on the niche you love

These days you can learn about anything and target the niche you’re passionate about.

This is what I was able to do with penny stocks. I found a gap in the market and provided knowledge to people who wouldn’t have otherwise being able to access this sort of information.

You can do that with absolutely any niche. When you find a niche you’re passionate about and you use the reach of the Internet you start to make huge gains.

4. Prove your expertise by creating free content

Your reputation as an authority is the new business card. There’s a reason I created a penny stock guide and made it free for all. You may have already seen ads for it on social media. The way to succeed with little is to create a reputation through your content.

Related: How To Become A Millionaire, Explained In 1 Minute

It’s the gateway to success because through free content you start to build relationships with others who value your work. And from there everyone gets richer.

You can do lots with a little

The days when you needed a huge investment to become successful are long gone. These days you can do so much with just a little. Find what you love, advance your knowledge in that area, and create a product that fulfills a need. Finally, work on building up relationships through portraying yourself as an authority on your subject.

Combine everything together and you can accomplish anything.

This article was originally posted here on Entrepreneur.com.


Related: 13 Habits Of Self-Made Millionaires You Could Adopt Today

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Personal Finance

10 Tips To Become A Millionaire This Year

Becoming a millionaire requires changing your mindset and implementing some changes.

Murray Newlands

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Becoming a millionaire may seem out of your reach, but it’s possible with the right attitude and guidance. The fact of the matter is your income can only grow as quickly as you do, so you need to change your mindset to achieve your goal of becoming a millionaire.

Once you have a millionaire mind, you can’t lose it, no matter what financial or business mistakes you make along the way. To get yourself there, you’re going to need some structure. To help you, I’ve outlined the top ten tips you should follow to become a millionaire this year.

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