TheMoney.Finance

How is money made?

In this episode, our hosts unpack how money gets generated. They discuss capitalism, fiat money and highlight the two main ways you can accumulate wealth.

We’re currently living in a capitalist system, where the wealth gap between the rich and the poor is widening. It is therefore imperative that we learn more about how money gets created. 

What is the difference between an R20 note and a $20 note? They are both made out of paper, but the value that they can give you is very different. You can buy ten times more with the $20 note than you can with an R20 note.  That is fiat money - the issuing government gives it its value.  Hard or commodity money such as gold or silver, on the other hand, has the same buying power wherever you go in the world.

So how do you get your hands on more money? Firstly, create value - use your talents, your skills, and your labour to earn money. Secondly, you must get into the right mindset of accumulation. Thirdly, you need to build a steady stream that generates passive income.   

This list is by no means exhaustive because we do not have all the answers. So in the comments section, please suggest people you would like to see featured, so we can all learn and grow wealthy together.

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DISCLAIMER – NOT FINANCIAL ADVICE

The website cannot and does not contain financial, tax, investment, or legal advice. The financial, tax, investment, or legal information is provided for general informational and educational purposes only and is not a substitute for professional advice. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. We do not provide any kind of financial, tax, investment, or legal advice. The use or reliance of any information or products contained on this website is solely at your own risk.

What money really is.

Have you ever wondered why most lottery winners end up filing for bankruptcy only a few years later after winning their millions? Or how do superstars or sports stars end up broke only a few years after retiring? What happened? What did they do with all that money?

We have all met people who, no matter how dire their circumstances, always seem to land on their two feet. Or no matter how small the chances, they always seem to win and come out on top. They seem to attract success wherever they go. They have the Midas touch.

And then we’ve met the others - you know, the ones where something good never actually sticks to them. They might buy a new car, only to have it involved in an accident later. Or get a new job, only to get fired a few months later. They are the misfortune ones. They are the unlucky Lukes.   

In this episode, DJ Sbu and Grey Jabesi delve deep into the psychology that perpetuates the cycle of poverty in people’s lives. They share their own experiences and discuss their philosophies of what money and success mean to them. 

This episode will challenge your relationship with money and success so that you can finally break the unhealthy beliefs because, after all, your thoughts become your reality.

#TheMoneyFinancePodcast #GreyJabesi #DjSbu

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https://themoney.finance/

https://www.facebook.com/themoneydotf...

https://www.instagram.com/themoney.fi...

https://www.instagram.com/themoney.fi...

https://www.instagram.com/djsbulive

https://www.instagram.com/greybtc

DISCLAIMER – NOT FINANCIAL ADVICE

The website cannot and does not contain financial, tax, investment, or legal advice. The financial, tax, investment, or legal information is provided for general informational and educational purposes only and is not a substitute for professional advice. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. We do not provide any kind of financial, tax, investment, or legal advice. The use or reliance of any information or products contained on this website is solely at your own risk.

How to develop a money mindset.

What is the first thing you would do if a million dollars were to hit your bank account right now? Think about that rush of dopamine when you open up the SMS to see the seven figures reflecting in your available balance. 

“One of the things that I taught myself is that when I get an amount of money that is really impactful to me, that makes me shake, I won’t spend it for a month first until I can get used to the idea of having that money myself, then I can make wiser decisions in spending it later,” says Grey Jabesi.    

In this episode, DJ Sbu and Grey Jabesi talk about the importance of developing a healthy mindset about money and success - the abundance mindset. They share some of their tips and daily routine practices that have helped them sustain their success and accumulate more wealth over the years. 

This episode will inspire you to adopt some daily habits that will have a lasting beneficial impact on your financial future.

#TheMoneyFinancePodcast #GreyJabesi #DjSbu 

Social Media

https://themoney.finance/

https://www.facebook.com/themoneydotfinance

https://twitter.com/themoneyfinance

https://www.instagram.com/themoney.finance/

https://www.instagram.com/djsbulive

https://www.instagram.com/greybtc

DISCLAIMER – NOT FINANCIAL ADVICE

The website cannot and does not contain financial, tax, investment, or legal advice. The financial, tax, investment, or legal information is provided for general informational and educational purposes only and is not a substitute for professional advice. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. We do not provide any kind of financial, tax, investment, or legal advice. The use or reliance of any information or products contained on this website is solely at your own risk