A reader shows their automated money system

“This is the first time I've visualized my personal system” To view this email as a web page, [click here]() Today in The Rich Life newsletter: - [Another reader discovers the power of visualizing her automated money flow](#module1) - [Why earning more is better than cutting back](#module2) - [5 more challenges Earnable can help you face](#module3) []“This is the first time I've visualized my personal system” Recently I showed you how one of my readers, Tom, adapted the “Automating Your Money” graphic from [my book](). As a reminder, here’s the graphic from the book: [Automating Your Money] A few readers sent in their own systems. (Please — I want EVERYONE to send in their system.) Here’s one that Lauren M. sent in. [Lauren's automation system]() [Click to enlarge]() She also explained how she uses it: “I've used the principles from your book for years, but this is the first time I've sat down to visualize my personal system in chart form. It was a powerful exercise to realize how far I've come in my financial journey and how I can fine-tune my system as income, expenses, and priorities change over time. I sometimes struggle to spend money on things I enjoy, so my next priority is to book some Rich Life activities in the next few days (a massage, a spontaneous trip with my partner, and some nice workout clothes).” Lauren — I’d love to hear how those Rich Life activities went. What activities did you book? What was your experience like? (Hint: I’d like to hear from ALL of my readers on how they’re living their own Rich Life.) I love how Lauren took the ideas from my book, saw how Tom adapted it to fit his own situation, and then created her own chart. Please keep sending in your illustrations and adaptations. I’d love to share them with all of my readers. Just reply to this email with your system. []Why earning more instead of cutting back? Cutting back relentlessly on the things you don’t love is an important part of living a Rich Life. But earning more is at least as important. I like to focus on earning more instead of cutting back for a few reasons that make a profound difference in living a rich life: There’s a limit to how much you can cut back, but no limit to how much you can earn. In fact, as you cut back on spending, it gets increasingly hard, but as you earn more, it gets increasingly easy. For example, one of my students is earning several thousand dollars more per month. Let’s say he makes a small 10% tweak (say, a phrase he uses in his pricing negotiations, or the way he presents his guarantee, or even the customers he pursues). At his scale, that small tweak alone can be worth hundreds of dollars per month. Cutting back on everything really sucks. Really, when you read some of these judgmental people who think it’s unconscionable to spend a little money on a nice dinner or trip or shirt … don’t you wonder, who really wants to live like that? Let’s assume you want an extra $1,000/month in your bank account. Let’s compare what you’d have to SAVE vs. what you’d have to EARN. - Saving: No eating out, cancel gym, cancel cable, no going out, reduce cell phone bill, etc. - Earning more: Spend 4 weeks testing ideas rapidly (these could be anything you’re good at, including dog walking, organizing, writing, singing, high-school math, programming, etc.), spend 4 more weeks developing your service offering, testing it in an iterative fashion, then identifying 50 leads, qualifying, and pitching them. If you get 1 client, you have $1,000/month. That’s about 5 hours/week. And the best part? As long as you continue doing a great job for your client, that money continues flowing in, and you can find more clients to compound your growth. The point is, if you can earn $50, you can earn $500. And if you can earn $500, you can earn $5,000. For those people who are willing to challenge themselves beyond the simple mantra of “cut back on everything,” there is a lush and rich life waiting for you — not just financially but also intellectually, because knowing how to earn more money is a skill that applies to many areas of your life. Anyone can cut back for a few days. Few can persist. And even fewer can earn money on the side, which is a GOOD thing for you. How often have you gotten gung-ho about saving money, cut back 80% on your spending, then watched it float right back to what it was before? Anyone can make a short-term resolution, but it’s extraordinarily difficult to change behavior for the long term. Since we have limited willpower, I believe we should automate as many basic decisions as possible and concentrate our limited cognition/willpower on more things like relationships, health, and our work. Also, since we have limited willpower, if you’re going to direct it to your finances, why not pick something that will result in a [BIG WIN]() — something like earning more money? If you earned just $300/month for 5 years, that’s $18,000. My students know how they can easily earn that much, and since it’s such a modest number, how they can virtually automate that money. Think bigger. If you earned $1,000/month for 5 years, that’s $60,000. That assumes you don’t increase your income and that you earn more for just 5 years. You see? When you earn more, it’s in your control — and the numbers are staggering. How many lattes is that worth? Who wants to wait 40 years to live life? Not me. When you see people taking trips, or maxing out their Roth IRA, or spending consciously however they want … I don’t think to myself, “Waa… I can’t afford that.” I ask myself, “How could I afford that?” That simple shift in the form of the question has a profound effect on your ability to take action. I’ve heard a lot of people say something like, “Oh yeah, he can earn more money on the side because [some reason], but I never could.” That’s wrong. Look at this story from one of the students of my now-closed Earn1K program. (Earn1K has been replaced with the even-better Earnable, which I talk about below). “Thanks to you, I’m an artist that’s not starving. Your Earn1K course helped me successfully secure two new corporate accounts (Anthropologie and Takashimaya) in the last month.” — Julie F. If Julie can do it, so can you. In general, people behave conservatively in times of ambiguity. So when faced with the ultra-ambiguous idea of earning more, most people create barriers in their mind to justify why earning more is impossible. - “How does so-and-so always get to go on those weekend trips / have flexibility / work from home? She’s so lucky.” - “But I’m a [fill in your job here]… I just CAN’T earn more on the side with my skill set.” - “I’m just waiting for a good idea.” Whether it’s earning more, automating your finances, or trying to lose weight, a system matters far more than simply trying harder. In fact, I created a system for starting and building your own business. It’s called Earnable, which includes… []An answer to every business challenge (last 5) There's a limit to how much you can save, but no limit to how much you can earn. Creating a second income stream — whether that's some freelancing on the side or an automated online business — will totally change your life. Not just your finances, your life. Plus, you can start small, on your own time, then scale your business up if you want, even make it into your main income stream. I've taught thousands of students how to do exactly this in my Earnable program. My team came up with at least 15 business challenges that Earnable can help you face. I’ve shared the first 10. Today, the last five. If you already have Earnable, be sure to check out or revisit these lessons. If you don’t have Earnable, [click here to join](). DON'T THINK YOU'RE A GOOD COPYWRITER? In the "Watch me outline a sales page in real time" video, you'll see my brainstorming process for outlining a basic sales page — which you can use yourself. NO IDEA WHAT BUSINESS TO START? Watch me help Benjamin turn his random talents into big business ideas in the "How to find your profitable idea" video. WHAT IF YOU'RE NOT AN EXPERT? Check out the "2X your revenue with these advanced mental shifts" video to overcome this invisible script. (I'll also show you how to finally get rid of that nagging "what if I fail?" voice in your head.) AFRAID OF BEING "SALESY"? I used to be, but then I learned how to sell in a way that felt natural and authentic. And it can be tweaked to fit your personal comfort levels. I share it in the "How the best salespeople approach authentic selling" video. WORRIED YOU DON'T HAVE ANY "GOOD" BUSINESS IDEAS? Relax. I'll walk you through an exercise in the "Overnight Business Idea Generator" video that will help you generate 20 potentially profitable ideas … based on YOUR knowledge, skills, and things you LOVE. (I've also included multiple Profit Playbooks showing how successful 6-figure business owners used this exact exercise to find their winning business ideas.) [Earnable]() If you’re not an Earnable student, I want to give you some more info about it. When you join Earnable, you get immediate access to Earnable Playbooks. [How Earnable Works]() Each line on this graphic is the title of a Playbook. Each one of those Playbooks includes detailed and actionable videos, worksheets, scripts, and templates you can start to use … TODAY. You get access to everything — immediately. No dropping content out over the rest of the year. With Earnable, you get my 100%, 60-day, money-back guarantee. Try the ENTIRE program, following my specific action steps, then decide if it’s right for you. I’ve told you before what my parents always told me: “A year from now, you're going to be a year older. What are you going to do?” A year from now, will you be living the Rich Life you want? Or will you be starting another year of working for someone else, not earning what you want, not having freedom to work whenever, wherever? [Click here to join Earnable today](). [Signature] WHAT TO DO NEXT REPLY: Do you have an automation system for your finances? I’d love to share it with all of my readers. Just reply to this email with a photo! [SIGN UP]() JOIN: A year from now, will you be living the Rich Life you want? [Click here to join Earnable today](). [SIGN UP]() How did you feel about today’s email? [insta]() [Twitter]() [twitter]() [youtube]() [Linkedin]() [podcast]() This email was sent to {EMAIL}. 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