HRJR's Rule of Money #1

HRJR's Rule of Money #1: Money invested must have a "Magnetic Boomerang Effect." In other words, it must always come back home and bring with it friends that look just like it!

 

About three years ago, I gave my first televised speech. It was called, "Money is an Idea!" and basically, what I spoke about was how people's thoughts and views about money manifested themselves in their lives. In other words, if you believe that you're not meant to have money or a lot of it that's just what's likely to unfold in your life. On the other hand, if you believe that you are worthy of the finer things in life or that with more money you can do more for others, that may also come to pass.

 

Now do either outcomes happen just because you believe one view or the other? No, of course not. How it really works is this ... whichever view you're subscribing to will determine which actions you take. Those actions will determine your eventual outcome. So, if you believe you're not meant to have money, then you're not likely to do anything to get it and thus you won't have any. However, if you truly want the finer things or believe that you are supposed to have money, you are more likely to do what's required to achieve that outcome.

 

At least this is how I see it.
Feel free to disagree ... but I ask you, is your bank account reflective of your views on money?

 

Anyway ... On to the rule.

 

There are times when the return on a monetary investment is not expected to be monetary itself.

A common saying is, "You have to spend money in order to make money." The word for which this term defines is "Investing." The proof of a good investment is found in its return. If what you gain in return is more than what you originally spent, then the investment was good. If you spend more than you stand to gain in return, then the investment is poor.
 

Just about every good money management book I've read states that your dollars should be treated like workers whose job it is to go out into the world and accomplish your objectives. For me, one of those objectives is to "return home," and in addition to returning home bring more money with it.

 

Again ... this is just how I see it.
Feel free to disagree.