Change Your Money Cycle: Your Spending Habits Determine Your Wealth: Financial Freedom, #103

By Joshua King

90 to 95% of the workforce uses the "broke" money system. This cycle entails working, wanting, buying, and owning.

 

The other 5-10% use the "investor" money cycle that entails budgeting, saving, investing, and spending.

 

The key before between the two is cash flow. The "broke" use cash flow to buy liabilities, while "investors" use cash flow to purchase income-producing assets.

 

And guess what? Income-producing assets (like dividends) produce more income for you. So each month, you become wealthier and have more cash flow—it's a glorious cycle. You can convert to this money system if you choose. Good Luck!

 

• Language: English
• Publisher: Joshua King
• Release date: Jan 27, 2023
• ISBN: 9798215450932

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Table of Contents

MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

Change Your Money Cycle

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All Right Reserved Military Family Investing | 01  Change Your Money Cycle

02  Why Are You NOT in the WorkForce?

03  How to Become Financially Independent in Your 20s

04  Don’t Work Hard for Money

05  I Live Paycheck to Paycheck 2

06  Middle-Class Investing 111: COMPLETE

07  Financial Security vs. Financial Freedom

08  Struggle-Maina: 12 Reasons You Want to Stay Broke

09  I’m Buying 30-Year Treasury Bonds at 4%

10  Down-Sized? Time to Start an Online Business

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Change Your Money Cycle

Your Spending Habits Determine Your Wealth

01  Change Your Money Cycle

02  Why Are You NOT in the WorkForce?

03  How to Become Financially Independent in Your 20s

04  Don’t Work Hard for Money

05  I Live Paycheck to Paycheck 2

06  Middle-Class Investing 111: COMPLETE

07  Financial Security vs. Financial Freedom

08  Struggle-Maina: 12 Reasons You Want to Stay Broke

09  I’m Buying 30-Year Treasury Bonds at 4%

10  Down-Sized? Time to Start an Online Business

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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

All Right Reserved Military Family Investing

01  Change Your Money Cycle

We hit the jackpot by being born in America. We have the chance to go from broke to rich in one lifetime. Heck, we can achieve incredible wealth in 20 years if we truly try.

Unfortunately, most people will never seize this fantastic opportunity. Not because they didn’t work hard but because their money cycle sucks.

Your money cycle determines how much cash flow remains in your accounts and portfolios. Most of us have little savings and investments and a lot of loans and payments. It’s time to change this dynamic.

What is Your Creative Ability?

What are the two money cycles? Let’s start at the finish line; the two money cycles are broke and investor.

The broke money cycle looks like this: working, wanting, buying, and owning. It’s a vicious cycle because the more you own, the more you must work.

The investor money cycle looks like this: budgeting, saving, investing, and spending. As an investor, you spend your money at the end once your investments produce income.

Now that we know the end result, let’s work our way back from age 18 when we enter the workforce. The sooner we break our bad habits, the sooner we can build wealth.

Life as an Income Investor

We learn to work for money. Right out of high school and college, we want to work hard for money. Our parents worked hard for money, so we want to be independent and prove our worth to society.

We get our jobs and immediately create enough bills to consume our entire paycheck. We are living paycheck to paycheck in short order.

Why do we spend so