Seven Habits To Make Money
A stash of cash and a lock

Date

Make Money Easy sounds like a cheesy title of a book about generic money—making tips. Unappealing title aside, I decided to pick up the book since I have been following its author, Lewis Howes, on YouTube for quite a while.

This book is an easy read with no complicated financial jargon, and I do not know if it will help you make money easily, but I liked the 7 habits he describes, and I believe they can help you be a better employee, boss, entrepreneur, leader, parent, teacher, or anything you want to be.

1. The Mindset Habit

A bunch of happy faced balloons in pink and orange color
Photo by Madison Oren on Unsplash

Your mindset is the foundation of everything you do.

That’s the bottom of the pyramid, and everything else will be built on a strong, healthy mindset.

Howes speaks about the generosity and gratitude mindsets. But if you want to take this further, you can cultivate any positive mindset you feel will build a strong foundation for your life.

Ask yourself:

  • Do I live life with a grateful heart?
  • Do I express my gratitude often? If not, how can I make gratitude a daily practice?
  • Am I aware and thankful for all that I have?
  • Do I give generously of whatever you have?
  • Do I think there is always plenty to go around?
  • Do I believe I have more than I need, and that an abundant life is possible and available to me?

Remember, this is a habit; the more we practice it, the more it becomes part of us.

“Success starts to accelerate when you begin to give.” — Lewis Howes

Avoid thinking:

  • I don’t have enough.
  • I’m not deserving of it.
  • Rich people are bad and greedy.
  • My job is the only way of making money.

Do it today:

  • Show appreciation to one person in your life
  • Write down or say it aloud, 3–5 things you are grateful for
  • Give something away

Generous folks believe they have plenty and plenty more will come, so they share whatever they have freely and enthusiastically.

In turn, that creates more happiness, meaning, and abundance in their life, which motivates them to keep on giving.

It’s easy to fall into the trap of thinking, When I have a lot of money, I will give, or If I had a lot of money, I would also be generous.

It’s not about how much money you have; it’s about your mindset.

2. The Mapping Habit

A yellowbackground and a black board that says on top PLAN
Photo by Volodymyr Hryshchenko on Unsplash

If you don’t know what you’re aiming for, what are the chances of hitting it?

This habit is as simple as it gets: if you have a goal, you need to plan.

A goal without a plan is nothing but a dream. You do not want to wake up years later only to realize you got nothing.

You don’t need to plan your next ten years. But plan your first step, and the one after that.

Rinse and repeat, and you will go far!

It will unstuck, motivate and move you forward.

Ask yourself:

  • What does a rich day look like? A Rich year? A Rich life?
  • Am I intentional about where my money is going?
  • Do I have a clear money vision and a practical plan to achieve it?
  • More than just a dollar amount, what are my plans for living a rich and meaningful life?

Avoid:

  • Spending your money on things that do not align with your vision of a rich life
  • Spending without a plan for the future
  • Making grandiose plans. Start small and take it from there.

3. The Monetizing Habit

Store front with lots of bycicles parked outside signaling good business.
Photo by Alain ROUILLER on Unsplash

Your lifestyle, your choices, your work,  your life’s mission, and your achievements are all part of the person you are and the one you wish to become.

When you’re secure in your own worth, people can see you for you and your value increases.

People are willing to pay a high price for things they find valuable.

We tend to follow trends, see what everyone else is doing and copy them. But that doesn’t add any value to you.

Stay true to yourself; there is nobody else who can be as unique as you, so don’t waste your potential by trying to be someone else.

Ask yourself:

  • Do I know what my own value is, and can I explain it easily in a few sentences?
  • Do I know how to market myself?
  • Do I protect my value by constantly working on myself, being disciplined, and focused?

Avoid:

  • Wasting time with people or things that do not increase your value
  • Downplaying your abilities and strengths

4. The Mastermind Habit

A pile of books and a child sitting on it reading a book
Photo by Gaelle Marcel on Unsplash

One of the most fascinating things about life is that there is always so much more to learn.

Connect with people who have achieved what you want to achieve.

You don’t have to make all the mistakes yourself or reinvent the wheel; feast on successful people’s knowledge, and soon you will join them at the table.

Ask yourself:

  • How can I serve?

By offering whatever you know or have to others, you will put yourself around the people you need to learn from.

You will gain experience and a good reputation, and when an opportunity opens up, guess who they will call first?

To do:

  • Cultivate the relationships you need to support your goals.
  • Ask questions, volunteer, get an internship, do whatever you have to do to be around people who can teach you, often just by example.

5. The Magnetic Habit

A man and a woman high five in the middle of the road
Photo by Giorgio Trovato on Unsplash

If connections are seeds, relationships are the trees.

Consistency, passion and achievement (aka social proof) will bring people to join you in your mission. 

Ask yourself:

  • Am I passionate about what I do, and do people know about it?
  • How can I easily enroll others in my vision?
  • Do I work on becoming a better leader?

To do:

  • Strive to be the person you want to follow.
  • Be that person, and people will gravitate to you and your mission.

6. The Mobility Habit

Many hands holding Lego figures
Photo by Vlad Hilitanu on Unsplash

If you want something done right, do it yourself.

If you want it done great, do it with others.

By leveraging the strength of others, you cover your weaknesses.

You don’t need to know everything, but you need to hire the right people who know what you don’t know or who are willing to do the tasks you don’t want to do.

Ask yourself:

  • Do I delegate to leverage other people’s strengths?
  • Can I differentiate between what I must do myself and what can easily be done by someone else?
  • Do I know how to mobilize my team so they can deliver their best?

7. The Mastery Habit

Huge library full of books from ceiling to floor
Photo by Omair Parvez on Unsplash

Learn, learn, and learn some more.

No matter what you have mastered, keep being a student.

Ask yourself:

  • Am I always seeking ways to learn more so I can earn more?
  •  Do I talk about money with others, and am I not afraid to ask questions?

Avoid:

  • Less scrolling, more reading.
  • Arrogance, stay humble and teachable.

To do:

  • Enjoy learning new things. It will not only make you knowledgeable, cognitively healthy, and happy ( thank you, dopamine), but it may also make you richer, in more ways than one.
  • Share what you know. Knowledge is not only power, but it is also wealth; share freely and more of it will come your way.

Disclaimer: This post contains an affiliate link. If you make a purchase through these links, I may earn a small commission at no extra cost to you.

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