A few things that people get wrong about personal finance

How did he do that? Did you catch him?” I asked my friends anxiously.
I would love to do that!” replied one of my friends with his eyes wide open.
My eyes couldn’t believe what we were witnessing!
How could the magician make a rabbit appear inside his hat?
We were about eight years old. Everyone was having so much fun, “Do it again, please. Do it again!” we all shouted with excitement.
The old man, wishing to please his innocent crowd started setting up the trick again and in one sudden move the rabbit jumped out from under the table and started running on stage.
We all jumped out of our seats to chase the scared animal… until we got him!
One of my friends took the beautiful rabbit to the magician as we watched closely what was going on. We were all now well aware of the trick, yet the old man had no option but to try his trick again.
As he did this, we saw under the sheets how he hid the rabbit.
Suddenly, it wasn’t fun anymore. All the excitement we had all enjoyed a few minutes earlier was IMMEDIATELY gone!
I will never forget the impact this event had on my life. From that day on, I realized that magicians DON’T have super powers. They simply know how to do tricks.
My curiosity was triggered. I dreamed of becoming a magician. I wanted to get paid to do those kind of tricks!
But how?
These were invisible tricks!
How could I figure them out?
By educating myself to SEE BEYOND what the audience could see!

But back to what people get wrong about personal finance…
People commonly ruin their personal finances by NOT investing their money wisely!
Wealth is not created by hard work alone. Wealth is created by investing our hard earned money. Yet, to invest we must FIRST understand the secrets of investing!
What are those secret “tricks” that investors know?
How do we make money work for us?
That’s what investing is all about!

Rule number one: Know that what we see is just the tip of the iceberg.
If we rely on ‘magicians’ telling us where to invest our money, most likely we will be tricked and they will use our money to their benefit, NOT ours!
Remember that banks are businesses! They make money with OUR money!
Financial advisors make commissions from investing OUR money!

Rule number two: NOBODY cares more about YOUR money than you do!
Take full responsibility for your investments. BE 100% in control of where your money goes. If you don’t understand what you’re doing, stay away.
“Risk comes from NOT knowing what you’re doing.” — Warren Buffet
The greatest investor of all time, Mr. Warren Buffet, didn’t achieve massive success because of luck or asking where to invest his money.
He knows exactly what he is doing. He’s the master magician!
Investing starts with control. If you’re NOT in control, you are GAMBLING with your money — even if you were told your money is safe.

Rule number three: Invest in knowledge.
We must educate ourselves to SEE BEYOND what the ‘audience’ sees. Invest in seminars, books, online training, workshops, tools, etc.
Become the master magician!
Amazing books to read:
  1. Runner-Up, Best Overall: You Are a Badass at Making Money by Jen Sincero
2. The Best Book About How to Get Rich: The Automatic Millionaire by David Bach
3. The Best Book About Wellbeing: AgeProof by Jean Chatzky and Michael F. Roizen