How do you master the power of money?

How do I become a master of money? Realize what the ultimate power is. We often think of money as the ultimate power, but that's a limiting belief. ... Understand that 80% of wealth is psychology. ... Become financially literate. ... Set goals. ... Get the tools you need. ... Use the law of attraction. ... Be the creator of your own life.

tonyrobbins.com - How to master the game of money with Tony Robbins

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How to master your money

7 ways to create wealth – and live the life of your dreams Posted by: Team Tony What do you think of when you hear the word “money”? Like religion, sex or politics, few topics elicit such strong emotions as that word. It can make people feel guilty when they have it – or ashamed when they don’t. It’s intensely personal and highly charged. Money has the power to create or the power to destroy. It can be a blessing that turns your dreams into reality or a burden that you’re always carrying. One thing is for sure: you must become a money master, or it will master you.

Discover strategies from Tony’s book, Money: Master the Game:

How do I become a master of money?

No one wants to go through life not being able to afford the things they not only need, but want. Money may not buy happiness, but it can buy comfort, freedom and the ability to give back and contribute to society. That’s why Tony wrote Money: Master the Game. Here are his top tips on how to master your money.

1. Realize what the ultimate power is

We often think of money as the ultimate power, but that’s a limiting belief. Money has no power on its own – only the power you give it. The ultimate power is your ability to focus and the state you put yourself in. Once you are able to achieve your peak state, you can adopt empowering beliefs such as “I deserve to make money” or “I will use the money I make to create a positive impact on the world.”

2. Understand that 80% of wealth is psychology

When asked why they fail in making money, many people blame their lack of resources. But as Tony states in his video, only 20% of the money game is mechanics while 80% is psychology. If you think you can’t master the money game, you’ll find ways to sabotage yourself. Those who are wealthy turn obstacles into opportunities and see every failure as an opportunity to learn and grow. When you focus on your strengths and adopt an abundance mindset, you can get out of your own way and achieve money success.

3. Become financially literate

Another common limiting belief is that you’re just not smart enough to figure out all the numbers and new information involved in becoming a money master. It can feel like learning a new language, but reading financial statements and knowing common vocabulary are essential. Even if you plan on using a financial advisor, you’ll want to become financially literate so you can be involved in important decisions.

4. Set goals

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Financial freedom is a must for anyone who wants to live a fulfilling life. But financial freedom in itself isn’t a concrete, actionable goal. To truly master your money, you need to make a massive action plan. First, ask yourself what you want – that’s your end goal. Then, ask yourself why you want it. Connecting your goals to your purpose is vital. Finally, set smaller, measurable SMART goals that will help you work toward your bigger goal. Track and celebrate your progress, and you’re on your way.

5. Get the tools you need

Though only 20% of the money game is mechanics, you still need the right tools to master this part of the equation. Unshakeable: Your Financial Freedom Playbook is the follow-up to Tony Robbins’ Money: Master the Game and gives you a step-by-step guide to develop financial strategies that work. Other helpful resources include a financial advisor who can help give you more information about investing, a business coach who can guide you on your journey to money mastery and Tony Robbins’ Money: Master the Game app – now known as the TR Money App.

6. Use the law of attraction

Did you know you can use the law of attraction to get whatever you want in life – including mastering your money? The law of attraction is the idea that what you focus on, you attract. If you focus on what you want and approach life positively, you’ll attract even more positivity and reach your goals. One of the best ways to do this is to use the power of proximity: surround yourself with successful people and model them.

7. Be the creator of your own life

Become a money master, and you’ll also master your life. You’re not a manager of your life’s circumstances – instead, you are the creator of your life. When you view life as happening for you instead of to you, you’ll realize that you are in control. You can start turning setbacks into successes and change your reactions to circumstances so they always benefit you. As the creator of your life, you can develop a hunger that destroys your fear of failure and empowers you to go out and pursue your dreams.

tonyrobbins.com - How to master the game of money with Tony Robbins

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