How do some people have so much success with money and life, and others struggle?
From afar, success with money appears to have a lot to do with luck.
I, too, believed that wealth came from luck – until I witnessed firsthand valuable insight into the lives of millionaires.
Sure, some are luckier than others. However, at a core level, their success (like yours) will always increase when you take the steps required to produce results.
I discovered that everything has a formula: success vs. failure, millionaires vs. broke people.
The formula is foundation + strategy + execution.
If you want different results, create a success with money formula that produces your desired results.
Summary: Wealth Inside and Out® Podcast – “3 Steps to Success With Money”
Today, you will learn:
>> (3:57) What is the money success formula?
>> (11:27) Why creating your strategy is so important
>> (12:24) The third formula element that makes your goal a reality
>> (13:10) What makes success a reality?
Your Next Step Financial Assessment
If you need help on the best next step to secure your financial future and create a retirement you love, click here.
Today’s Free resource: Money Mindset Guide.
You can go to https://themillionaireinsider.com/mmg. In this resource, 
I share over 30 years of experience advising millionaires. The resource shows you how to master your money and mindset and achieve your goals.
In this resource, I share years of insight on mastering your money and mindset so you can build and create more wealth.
The sooner you master your money and mindset, the sooner you can achieve your financial goals.
Click here to access the guide.
Disclosure
All materials and intellectual property are copyrighted by MillionaireSeries.com®.
This information is for educational purposes only. It is not intended to replace any advisor or specialist or provide investment, financial, tax, retirement, planning, or healthcare advice.
By accessing this content, you agree to hold MillionaireSeries.com® and its affiliates harmless for results achieved or not achieved.
3 Steps to Success With Money
Today, you will learn:
- Why personal finances are so easy for some people
- How much money does a person need to achieve financial success?
- Why are some people wired to know their bottom line numbers and the amount of money they will need to achieve financial security?
- What do millionaires do to set and achieve financial goals with ease?
If you need a financial coach or have additional questions, click here:
1. Money Success Foundation
Any success begins with a solid foundation.
Let’s review some of the critical foundational elements:
Worth Barometer
The core of a solid foundation is your Worth Barometer. This is a combination of your belief and self-esteem. When our Worth Barometer is healthy, we work to achieve the desired results.
For example, you
- Fund an emergency fund to cover car repairs and unexpected expenses instead of using a credit card
- Set short-term and long-term goals
- Make financial stability a priority
Sleep
Sleep is critical to success because it allows us to operate at peak performance, both physically and mentally. Most experts recommend 7-8 ½ hours of sleep each night. This includes the time you are considered awake at night, typically about 30-90 minutes. So, if you go to bed at 10:00 pm, you must sleep until 6:30 or 7:30 am.
Lack of sleep can lead to several health issues, including obesity, early Alzheimer’s disease, diabetes, etc.
Anyone who wants to succeed and operate at their best must prioritize sleep.
Health
A healthy diet includes:
- Lean protein – poultry, fish, and tempeh
- Organic, non-starchy vegetables – leafy greens, beets, and celery
- Healthy fat – olive oil, avocados, flax and chia seeds
- Complex carbohydrates – quinoa, sweet potatoes, and oats
Physical Health
This includes cardiovascular, stretching, and weight training.
While there are a variety of opinions to maintain your physical health, some helpful tips include:
- 10,000 steps per day
- Daily stretching for 10-20 minutes (Yoga is a great option.)
- Weight training three times per week
2. Success with Money – Strategy
The next component of your formula is your strategy or game plan.
Strategy includes your plan on how you will make and spend money.
First, create a realistic spending plan with all your monthly expenses. Remember to add in annual expenses for items such as car insurance. Then, divide the total amount by 12 if you pay it annually or six if you pay it semi-annually.
Next, calculate your income from all sources. This includes:
- Job or career
- Part-time job or side hustle
- Investments, interest, and dividends
3. Money Success – Execution
Execution includes your daily actions. First, create a routine with activities to develop a solid foundation and consistently execute your plan.
The secret to success is the consistent execution of your plan. You must do the daily work whether you feel like it or not.
Conclusion: Putting Success with Money into Practice
While many people know that having a positive outlook and focusing on their goals are all critical, there is one secret many do not know. It is also the secret to putting Foundation + Strategy + Execution into practice. Most people love the excitement of a new challenge and the exhilaration of achieving a goal. And generally speaking, they do not love the boring or mundane.
The secret skill you must develop to achieve success (including a secure financial future and retirement) is to spend time completing boring and mundane tasks.
By doing this, you can’t help but dramatically improve your odds of success.
Managing your Worth Barometer and emotions, getting adequate sleep, eating a clean diet, and exercising can all have boring moments. As can managing your cash flow and finances, paying attention to the details, and creating your financial plan.
The key is to identify and consistently complete them, whether you feel like it or not.
Remember that small actions over time produce significant results.
Click here to get your free financial checkup:
Follow and Subscribe
If you love this content, please open the Apple Podcast on your iPhone. Scroll down to the bottom, click follow, leave us a 5-star review, and share a comment. We really appreciate it.
If you are ready to know your financial house is in order, please go to https://themillionaireinsider.com/nsf.
This assessment will help you stop worrying about money so you can secure your financial future.
Thank you so much for joining me for
“3 Steps to Success With Money.”
All international copyrights are reserved.
