Finding your own Money Dials

Finding your own Money Dials - Last week, I introduced the concept of Money To view this email as a web page, [click here]() [IWT Header] Finding your own Money Dials Last week, I introduced the concept of Money Dials. To recap, I’ve identified 10 Money Dials that we LOVE to pour our money into. - Convenience - Travel - Health / fitness - Experiences - Freedom - Relationships - Generosity - Luxury - Social status - Self-improvement Today, let’s figure out what your Money Dials are. To do that, you just have to ask yourself one question: What do you LOVE to spend money on? That can be a deeply uncomfortable question to ask. It can actually be a little scary. Our culture and society love to demonize spending, especially when it comes to spending on ourselves. It comes with guilt, shame, and judgment. Don’t believe me? Here are some comments I’ve received on my various spending posts: [Here are some comments I’ve received on my various spending posts:] [Here are some comments I’ve received on my various spending posts:] What a judgmental reaction — as if it’s forbidden and downright evil to spend on the things you love (and have the means to purchase). But what if we take these same judgmental people and examine their spending for a month? I bet I’d be able to find areas in their life where others would think they're “wasting” their money too. It’s OK to recognize that you have areas you naturally love and want to spend on. What others think of your spending doesn’t matter because everyone has different Money Dials. It’s simply a matter of different priorities! In other words, what you value will be different from what others value. If you LOVE to spend your money on week-long trips to exotic locales, but someone else would rather spend that same amount of money on having the latest iPhone, that’s great — and perfectly normal! It’s just being true and honest to ourselves about what our Money Dials are. In fact, when we’re honest about acknowledging our Money Dials, we can adjust the dial (hence the term) as we need to be moderate, or turn them all the way up to spend even more on the things that bring us joy and more pleasant experiences (think splurging on first-class tickets instead of economy all the time, for example). This is crucial psychologically. Not only will we have more money and energy to spend on the things that bring us happiness, but we’ll be able to spend on those things guilt-free, since we know we’ve freed up the money by ignoring everything else. It’s intimidating and liberating at the same time. It allows us to say, “Hey, this is important to me — and that’s not.” The most successful people I’ve met are all very conscious about how they spend their money. That doesn’t mean they don’t spend at all. It means that they choose HOW and WHERE to spend their money, and are unapologetic in allocating significant resources to live a better life. Take some time today to think about what you LOVE spending money on. Then, think about how you can dial that Money Dial up and dial others down. --------------------------------------------------------------- Responses: Your biggest income increases Yesterday, I asked you to tell me what your biggest income increase was and how you got it. Here are some of the responses: [$75K increase] [17% increase] I LOVE this use of [The Briefcase Technique](): [Additional $10K] What do you notice about these responses? Here’s what I notice: All of these people worked hard to show their value and are continuing to work hard. Don’t expect a good raise without putting in hard work. Keep sending in your replies — I’ll share more responses next week. --------------------------------------------------------------- Rich Life moment: A 6.5-week family trip to Spain I love to travel and I love my family, so I love to share Rich Life stories like Bryce Conway’s. He recently took his wife and two-year-old daughter on a 6.5-week trip to Spain … and he never missed any work. [Bryce Conway] Here’s what Bryce says: “ I can work from anywhere on earth and have outsourced many of my day-to-day responsibilities so we just picked up and went. We got a beautiful Airbnb in Valencia and just did whatever we wanted for six whole weeks. We ate out every single night, went to the beach most days, ordered appetizers and wine for dinner, took naps, and explored the city. It was an absolute blast. In addition, I set a somewhat unconventional goal for my trip. I was never going to charge my laptop over the course of the entire trip. So whatever work I had to do would need to be done on whatever battery life I had — and I was able to do it with plenty of battery to spare! BRYCE CONWAY I LOVE IT! That might be a good goal for my next trip... --------------------------------------------------------------- What would you change about your job? What would you say if your friend told you they don’t like their coworkers, they haven’t gotten a promotion in years, and they aren’t listened to? You’d tell them to GET OUT!! So why do we settle for this in our own lives? [5 signs your job might be toxic]() Are you experiencing any of these right now? Everyone tackles their job one day at a time. Show up, do your best, try to help out, go home. Then do it again tomorrow. It's like we're all playing a high-stakes game ... but the rules are hidden and only a few people seem to know what they are. As a CEO, I've reviewed thousands of applicants for all types and levels of positions, and even today, I'm still shocked by all the career mistakes most people make — and never even realize. I see a whole generation of people who feel stuck and don't even know why. I also know there are some specific things you can do right now to completely change the trajectory of your career — and help you land your Dream Job. Once you learn how to FIND and LAND amazing jobs, you'll never be stuck in a bad one again. Did you get a new boss who's a nightmare? You can get a better one. Want to make more money? You can negotiate a raise ... or find a job that pays you more. Decided you want to take your career in a different direction? Easily done. Want to work remotely and free up more time for your family or travel? You can find a job that's perfect for you. Reply to this email and tell me the #1 change you'd like to make in your career. Tell me what's most important to you. [Signature] WHAT TO DO NEXT - TAKE 5 MINUTES: Take some time today to think about what you LOVE spending money on. Then, think about how you can dial that Money Dial up and dial others down. - LISTEN TO THE LATEST PODCAST EPISODE: Monique expects Pablo to pay for her as the man in the relationship. Pablo wants fairness in a partner. This is part 2 of a fascinating conversation. [Listen here](). --------------------------------------------------------------- What did you think of today's newsletter? [Hated it]() [It was fine]() [Loved it]()   [Logo] [insta]() [Twitter]() [twitter]() [youtube]() [Linkedin]() [podcast]() This email was sent to [{EMAIL} .]() If you no longer wish to receive these emails you may [unsubscribe]( at any time. I Will Teach You To Be Rich 548 Market St #89946 San Francisco, CA 94104-5401