How To Think Like The Rich And Make More Money

Just the way you think about money will affect whether you will be rich or poor. Do you think like the rich or like the poor? In this post I’ll show you how to think like the rich and make more money.

How To  Think Like The Rich  And  Make More Money

How To Think Like The Rich And Make More Money

Have you ever wondered why some people are so good at handling their money and others aren’t? Have you ever wondered why some people stay poor and others get rich?

There is an answer and it all boils down to your money mindset. How you think about money can determine whether you will be rich or whether you will be poor.

If you feel like your poor you probably have a poor Money Mindset. Don’t worry though, you can easily change your mindset and I’ll show you how.

We’ve grown up with a mindset that our parents have given us and often our parents mindset is that of the poor. The working class.

They believe everyone should fit into the system. The system of goto college and get a job for a corporation. It still works for many, but it’s losing it’s luster.

Corporations have changed all of that by paying as little as possible aka “market rate” and colleges are charging as much as possible for outdated education and degrees.

We’ve grown up to believe that talking about our money is taboo. They say don’t tell anyone how much you make at work. Don’t talk about your finances because it’s a private issue.

That’s all BS. It’s time for us to change our mindsets.

During the Great Recession back in 2007 - 2009 I was depressed about money. I thought that money was evil. Why do these Wall Street bankers who do terrible things get to keep their money while regular Americans had to suffer?

I related my wealth to my material objects. I was worried about having the clothes to show my wealth. I worried about having a car that showed my wealth.

I was making money to make money. I didn’t have a plan of what I wanted to use it for, I was just accumulating money for no real reason. 

This all led me to begin neglecting my money. I looked the other way and stopped worry about where it was going or how I was doing.

In the end I just wasn’t enjoying my money. 

I was stressed about it, ignored it, and was too worried about impressing others. These are all recipes for money disaster.

Eventually I self corrected my mindset and began to get my money under control as I told you about earlier. 

Once I eliminated my poor mindset and created a rich mindset or as I like to call it, the Money Badass Mindset, things got better. A lot better!

To even begin to take control of your money you have to conquer your mindset. 

You’ll never get anywhere if you keep a poor mindset.

To be a Money Badass you need to have a Money Badass Mindset and that’s what I’m going to teach you here.

First though, let’s talk about the #1 secret of money that totally changed my life and can change yours too.

The #1 Secret of Money

My biggest money mindset problem was that I wasn’t financially content. I wasn’t content with my current situation period. 

Once I got one new thing I wanted, I was looking for the next big thing. It’s an endless cycle that leaves you stressed, unfulfilled, and unhappy.

Contentment is not a money issue. You can have hardly any money or millions and still not be content. Even if you’re rich you can still be chasing the next big thing just out of your reach.

Not being content is a psychological problem. It’s the desire for more than you have and never having enough. Until you can overcome the desire for more and be truly content you will never be truly happy in life.

Obstacles to Financial Contentment

Our society does not make it easy to be financially content. In fact, our society is trying to create financial discontent in us every day.

Big brands are using our desire for status to push us into buying their latest products. It amazes me how many people will spend $1,000 on a new phone when it barely does more than their existing phone simply because it is “latest and greatest” toy.

Financial companies piggy back off of big brands ability to create desire for higher status by selling us money. 

They loan us money we don’t have to buy things we don’t need and then charge us massive amounts of interest and fees.

The entertainment industry shoves fake happiness down our throats with financial idols such as the Kardashians and rap singers. 

They attempt to make this the norm. Extravagant lifestyles that no-one needs or should even want. 

All of these big businesses make millions by creating discontentment in our lives. They profit off of our suffering. They profit off of making us financially discontent.

How to Beat Financial Discontentment

Thankfully, financial discontentment can be overcome. 

I’ve worked hard to eliminate discontent and learn to be content with my life. This has led to much greater happiness and fulfillment in my life and you can do it too.

Here’s what I’ve done to help beat the onslaught of materialism in my own life. Try these out in your life and I’m sure you’ll feel a huge difference.

The number one thing I’ve done to fight discontentment is blocking out advertisements as much as I can in my own life. 

This is to fight the constant barrage of ads from big bands trying to create discontent in our lives. 

I’ve cut cable and switched to Netflix. No more Kardashian style shows and fake lifestyles. Not only does it save a ton of money, but it also eliminates all of those advertisements from being played constantly in my home.

I now use Spotify to listen to music without ads being played constantly between songs. I also use AdBlocker in my web browser to block ads while using the internet. 

All of this helps to eliminate the barrage of big brand advertisements.

Outside of blocking out the big brands I also work hard to tell myself that what I have is enough for me. It’s great to have financial goals, but chasing lots of materialistic things is recipe for discontentment and unhappiness.

I have a great home, I don’t need a bigger one. I have a great car, I don’t need a new one until it’s about dead. I have a phone that already works great, I don’t need a new one.

It’s hard initially to make the switch, but once you do it feels amazing to be content with what you have.

Financial contentment is the #1 thing you can do to begin building an awesome Money Badass Mindset, but I also have 6 core values that make up the Money Mindset of a Money Badass which I’ll show you now.

Money Badass Mindset Value 1 - Money is Not Evil

I believed money was evil for a long time. I truly believed money was the root of all evil.

I’ve seen first hand evil things that have happened due to money. I see all the evil things in the news that happen due to money.

I once worked with a woman who seemed great at first, but later discovered she was stealing money from older people’s accounts when she was suppose to be helping them with their finances. She was paying her own bills from their accounts because she knew they most likely wouldn’t notice!

She stole over $400,000 from these people! That is evil! That is greed.

Money definitely is involved with very evil things, but money is not evil. 

People's behavior can be evil though.

Lots of good things are done with money. Charities help millions of people who are struggling with money. Money is used to teach our kids. Money is used to help sick people. There are lots of good uses for money.

What is evil is GREED. Greedy people can’t get enough money and will do anything they can to get it because of GREED.

Before you can truly begin to make serious money or gain control of your money you need to understand that money is not evil and money can be used for very good things.

**A MONEY BADASS UNDERSTANDS THAT MONEY IS NOT EVIL, GREED IS EVIL.**

Money Badass Mindset Value 2 - Money is Not Your Self Worth

I’m guilty of believing this as much as anyone else. I tied my self worth to how much money I had or how much money others thought I had.

I wasted so much money trying to impress others and build my self worth through money and the opinions of others. This was totally STUPID!

I wore fancy suits that I didn’t really need to wear. I bought a Mercedes to go with those fancy suits. I bought a nice home at the max I could afford at my income level at the time.

I was so worried about impressing others and showing my wealth that it caused me to waste more money than I can even remember.

**I MONEY BADASS DOESN’T CARE WHAT OTHERS THINK AND THEY DON’T BUY THINGS TO IMPRESS OTHERS**

Money Badass Mindset Value 3 - Money is a Tool

Money is simply a tool to reach your life goals.

Don’t ever make money just to make money. Don’t ever spend your life making money to just buy a bigger car, bigger home, more stuff that you don’t really care about.

Money is a means to an end. Money is there to provide the necessities of life and to allow you to do what you really want to do.

That’s all money is for. 

Don’t waste your life at a shitty job with long hours to buy more shit you don’t really even care about.

Work backwards. Plan what you want to do with your money by focusing on what you really want in life. What truly makes you happy?

Your family? If so, then why are you wasting away your life at the office when your family just wants to spend time with you? All the stupid shit you buy them doesn’t truly matter in the end. Your time does.

Do you really want to travel? Don’t waste time and money on material things you don’t need. Focus your money on saving for the expense that will truly make you happy.

Money is only there to provide necessities and what you truly love.

Don’t live on rice and beans your entire life to have a million dollar bank account. What good does that do you? Money is not meant to be hoarded. It’s meant to be used on what makes you truly happy in life.

Don’t get me wrong. You should have a savings built up for your security but not an excessive amount while you waste away your life not enjoying what you truly love.

**A MONEY BADASS UNDERSTANDS THAT MONEY IS A TOOL AND IS THERE TO BE USED FOR LIFE GOALS AND NOT JUST SAVED INDEFINITELY UNTIL YOU DIE.**

Money Badass Mindset Value 4 - Make as Much Money As You Can

If you’ve embraced the previous steps in your mindset, you are making money for the right reasons so why not make as much money as possible?

Don’t be ashamed to make more money. If you are using it to reach your life goals and to do what makes you happy then go for it!

Go for that promotion at work. Start that side hustle you’ve been dreaming of doing. Do whatever it takes to reach your goals and make as much money as you need to do so without feeling guilty.

It’s not greedy to make money for your dreams or to go after what truly makes you happy.

**A MONEY BADASS MAKES AS MUCH MONEY AS THEY CAN TO REACH THEIR GOALS AND DO GOOD WITH THEIR MONEY.**

Money Badass Mindset Value 5 - Become Aware of Your Money

If you are not aware of your money, you are not in control of your money.

You can’t be in charge of your money if you don’t track it and know where you money is coming from and going to.

Basic financial tools like a budget and money snapshot will help you track your money and be aware of your financial situation.

If you aren’t aware of your money, you will most likely spend blindly above your means. This will ultimately drive you further into debt and create financial chaos in your life which leads to the dreaded financial stress.

**A MONEY BADASS IS AWARE OF THEIR MONEY AND IS IN CONTROL OF THEIR MONEY.**

Money Badass Mindset Value 6 - Enjoy Your Money

The last value is to simply enjoy your money.

Live the best life you can dream up. Save your money for those goals. Make money for those goals and live a happy life.

Don’t waste your life hoarding money for old age and then die with a huge bank account.

One of my grandfathers passed away. He lived a pretty frugal life. He did manage to take some vacations and enjoy life to an extent, but I don’t think he truly chased after he wanted in life.

He died with almost a million dollars in investments. That’s not a bad thing, but he could have used that money to live out any goal he could have dreamt up.

It always good to build up savings for your security, but don’t sacrifice your life to put everything into savings. 

Enjoy your money.

**A MONEY BADASS ENJOYS THEIR MONEY AND USES IT TO LIVE THEIR LIFE TO THE FULLEST.**

The Money Badass Mindset

Before you can really begin to rget your money under control you have to first change your mindset about money.

So let’s recap how a Money Badass thinks about money:


  1. A Money Badass knows that money is not evil, greed is evil.

  2. A Money Badass knows that their self worth is not defined by how much money they make or how many materialistic items they own.

  3. A Money Badass knows that money is just a means to an end. A tool to help you reach your life goals.

  4. A Money Badass makes as much money as they can because they use that money for positive things.

  5. A Money Badass is aware of their money. They know everything about their money.

  6. A Money Badass enjoys their money, because life is short. Life is too short to hoard all of your money away without enjoying it.

The Money Badass Manifesto

I while back I took this course called, The 7 Habits of Highly Effective People. Have you ever heard of it? It was amazing!

It’s teaches you how to live your life with purpose and create a path to accomplish what you want to do in life.

One of the best things we did in the class was create a personal manifesto. It’s basically a short document that describes very briefly what you stand for. I printed mine out, framed it, and put it on the wall.

Anytime I felt like I was loosing my focus, I could look at and get my head back on track.

Everyday I would see my manifesto and it would ensure that I lived the life I was suppose to be living.

So, I created a new manifesto that described the vision for what it is to be a Money Badass. 

I called it the Money Badass Manifesto.

These are the values I believe that define a Money Badass. These values align with what it means to be a Money Badass who has a Badass Money Mindset and lives the Badass Money Lifestyle.

So without further ado, here is the Money Badass Manifesto.

The Money Badass Manifesto

A Money Badass:

- Is not greedy with their money

- Makes as much money as possible for positive reasons

- Uses big banks, brands, and financial companies to their advantage

- Doesn’t buy or own things to impress others

- Avoids debt as much as possible

- Knows their money snapshot

- Understands that money is simply a tool to achieve life goals

- Automates their money as much as possible

- Enjoys theirs money because life is too short not too

- Makes money, manages money, invests money, like a badass

- I am a Money Badass


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DAVID SHEPHERD

CREATOR OF MONEY BADASS WITH MY LOVELY WIFE KRISTA


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