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I want you to think about this here.

In your entire lifetime, how much money has gone through your hands?

Let me explain to you what i mean by this.

May be you made 3,00,00,000. rs last year, at 28-years-old.

And the first time you got a check was 14 years old,it was 7000 rs.

And that whole thing up.

You will come out with a number.like .3,00,00,000 RS

Or 1.9 million or 6.3 million, depending on who it is reading this blog.

The question is this. “How much you left in your wallet?”

Truly, what is in your wallet?

Not what is in your wallet with capital choice,

But, i am talking about really, what is in your wallet?

What do you have left?, how much saving do you have left?

And if you are not too happy with this question,

It’s very simple. The reason why you don’t have a lot of money left is

Because you don’t know how to play the money game.

Simple as that. so today in this blog i am going to cover

With you 20 rules of money.

These are rules of money that i have followed

And it’s obviously from a lot of mistakes i have made.

Because there was a point in my life where i made money

And there was nothing left in my pocket.

So, i am telling you from experiences. and they all 20 rules are-

But the rule number number #1 is the important one

And it is the one you have to buy into immediately, it’s very simple

You can fight and say whatever you want to do to it.

It is a rule, and a rule is “Money is a game”

1.Money is a Game

Money is a game

Money is a game, and the great thing about any game is the following thing.

No matter what game you play, the most eventually get good at it.

If i have never played chess, and i play you.

And you have played 100 times chess,

You are probably going to beat me.

If i have played monopoly 1000 times and you have played three times,

I am probably going to beat you, because it’s a game.

So the great thing about the money game is, it can be learned.

So many times people fight it and they have problems with it.

And they say, well, you know that person become rich because they are smart.

No,They learned the game, and you an also take the time to learn the game.

2.Do not a hater of Money

Do not a hater of money

Rule number 2 is Do not hater of Money, If you hate money.

You will never get money. because money doesn’t like haters.

So, if you are a hater, and you constantly say thinks

Like,well, money doesn’t grow on trees.

Money is this and money is that, and rich people are this.

Okay, you are right.Money says,”you are right!”I am not turned by you.

It is almost as if going on a date with an attractive girl and telling her,

That you don’t like attractive girls,who don’t know a lot about philosophy,

And all they care about their looks and doing makeup or doing this,

okay,And working out and going to the gym.

And this girl’s like, dude, i put makeup on, i work out every day to stay in shape.

But i also like other things in my life.But you know what?

You are right, you are not attractive to me, i don’t like you.

She goes and finds another guy that says,”i like a girl that takes care of her body,

I like a girl that care of her skin.i like that does makeup.i like a girl that works out a week”

She is attracted to that guy, right? keep that part in mind.

Don’t be a hatter with money.

3.Doubles Game

Double game of money rule

It is a Doubles Game. Listen,

This should- you can stop reading the entire blog,

Because, you got the main things out of the way.

It is a Doubles Game.What is a Doubles Game?

The entire game of money is about doubling your money.

So what do you mean,pat, double your money?

Let me explain it to you this way.

If you have 10,000 rs in your bank account, if you reading this,

And you have 10,000 rs cash, you are 10 doubles away from a million rupees.

It’s a doubles game.So hoe soon can you double your money?

That’s truly the game. can you take that 10,000 rs and double it to 20,000 in the next year.

So the next thing is it is 20,000 rs you have in your account,

Now you are nine steps away from a million of rupees.

You may say,”pat, i already have 10,00,000 in my account”.

Then you are 4 doubles, 3 doubles away from a millions of ruppes.

All you got it rights, it is a double game.

This is a piece of cake, when you learn it’s a double game.

So, the question become what?

How soon, this is the real game of doubles.

It becomes two different things.

Risk tolerance, because you have got to know yourself when it comes to money.

Your risk tolerance, depending on the age you are at,

If you are 65, your risk tolerance is going to be lower than you being,22 years old right?

So you have your risk tolerance, you need to know you.

Then the other par is time horizon, what is your time horizon?

So, the time horizon could be, i want to have a million dollars by ten years from now.

Great, if it is 10 years, what do you have right now?

Than you have to play your bauble game.

Like, how many doubles do i have with this 10,000 to get a million rupees?

It is a simple game! That you can learn what to do,

As long as you know your risk tolerance,you know your time horizon

What it is and what the amount is, then you are playing the double game.

4.Timing

Timing

Next, timing, when it comes down to money.

Let me explain about timing.

I am not talking about timing like this is the best time to invest into snapchat

Or this is the best time to buy the IPO (Initial public offering) of Facebook and etc.

I am not talking that timing. Although that is a whole different conversation with timing.

Timing i am talking about,running a business.

I will give you an idea.there was a time where logically i had to cut down.

In my business okay. and i had to get rid of two or three employees.

Logically i had to cut down. but,

I knew What i was getting ready to do and i had access to all the information.

I decided to double down and that helped expand the business to new areas, new territories.

So, and then the other part is cutting down expenses, you knowing,

Maybe numbers are looking very good,

But there’s an area needs to be cut down that no one knows about the information.

Because you need to cut down because you have access to all the information.

So there is got to be a part where you need to know. and

This is the thing we can’t teach you this is not something i can teach you about.

But this is going to be a part of it, that you are going to learn from experience with timing.

Timing with when you buy. timing you invest.

And Timing on when you stay light. timing on when you stay liquid.

Timing on when you go….. There is a timing aspect to all those decision you will make.

5.Don’t Boredom with money

Don't boredom with money

Let me explain what Boredom means, money needs to be moved.okay?

Again, if a girl is bored with you, she leaves you,

Because you are too boring. same with men.

If a man is bored with a girl, they are going to leave. because it is boring.

Money doesn’t like to be bored. what do mean?

If money stays in a checking account, money’s going to somebody else who knows how to use that money.

If money is just staying somewhere, and it is not working, it is too boring,

It goes to somebody else that know what to do with money.

SO you have got to make sure money is always moving.

Money is always moving for you., always out there doing something to create more money for you.

6.Secret Account

secret account

Now, next is secret account. you always have to have a secret account.

let me tell you what a secret accounts.

It is an account that no one knows about, your wife, your husband, your boyfriend, no one knows about this account.

What is this account? it is a crisis account. A crisis account could be cash.

A crisis account could be somewhere sitting down that no one knows.

But i know you may say pat, you talked about boredom.

Two completely different stories.

You have to got to have a crisis account, that is not your emergency fund.

I am not talking about the emergency fund that this is the right thing to do.

I am talking about a crisis account.

What saved the business when we were going through a difficult time.You need to always have a secret crises account.

7.Don’t fly first class until you have 10,000,000 in your bank account

Don't fly first class until you have 10,000,000 in your bank account

yes, Don’t fly first class until you have a 10,000,000 in your bank account.

I see so many people spending two grand on a flight where they can spend 30,000.

Listen i don’t pay first class. and why is that? here is how i did the math.

Now obviously, i can afford to do it, no problem. but, here is how i did the math.

You are trying to tell me that $2,000 for a first class flight and i can get $500 for the same fight,

That $1500 times nine flights in a month, that is 9 multiply by $1500, is $12500,

Some number like that. you know what i can do with that number?

That is four employees. that is marketing, that is expansion.over a year

And That is $2,00,000, $1,80,000. why am i going to wast that money?

That is an executive i can bring in. that is two incredible employees i can bring in.

I don’t pay first class, other people pay first class.

Onnce you get 10 million and you want to do it, that is great.

8.End of the world mentality.

end of world mentality

Now, the rule number 8 is End of the world mentality.

Listen, CNN, MSNBC, FOX, Suze orman, Dave Ramsey, Whatever these names you want to go through.

All of these names put them all together.

You know what they get paid to do? they get paid to sell crisis,

Because if it happens, you have got to be ready for it.okay?

So what happens a lot of times is people get afraid.

And they think it’s the end of the world.

And like when in 2008 the market crises took place,

The market went all the way down to 6000 something,

Dow Jones did, everybody started pulling their money out.

It is at 21,000 points today. imagine if you left the money in.

How much compounding money was lost,

Simply because you thought it was the end of the world?

Simply because you thought there was a nuclear war

That was going to happen all over the world.

By the way, let me explain to you, if truly a nuclear war’s going to happen,

Do you really think your money matters? common.

We are not going to exist. So you have got to act as

If there is no nuclear war that is going to take place and panic so much

When everybody tells you everything,

And you have got to learn how to manage those times

When 90% of the world thinks it is the end of the world,

You have got to be ready. so how do you do that?

Let me explain. i Was part of the community that said it is always the end of the world,

Until i realize how become wealthy is during this time.

Now, during this time when it is the end of the world you know who win?

Those who have cash.

This is why it’s important to have cash set aside.

And i am not talking boredom money.

I am talking cash set aside when it is the end of the world for you to buy stuff.

Every time crisis takes place. A lot of people become wealthy.

A lot of people become wealthy. because everything is on sale.

you know, everything is on sale when there is crisis.

People sell their exotics because they can’t afford if.

People sell their art work for 1/5 of the price.Home sell for 1/2 of the price, investment

All these things are for sale during the time

When there is the end of the World type of mentality.

So you have got to have a strategy for this time.

Some say markets about to tank again, in the next two to three years.

I don’t know if it is going to tank in the next two to three years.

Here’s what i do know. is going to tank in the next 20 years.

And i am ready for it, and i have to be, because there is going to be opportunities.

you also got to be ready for it.

9.Study your politicians, especially your president.

rules of money

so, our 9 point is, Study your politicians, especially your president and Let me explain to you why.

You have got to know what your politicians in your local community are going to do

And what their philosophies are.here why you need to know their philosophies.

If their philosophies is to do heavy duty taxing on you,

you need to adjust accordingly. and if their philosophies is cut down taxes, you need to adjust accordingly.

People ask me, what am i going to do with trump?

Start a business! taxes are being cut.

Go and make your millions of dollars in the next four years.

And if it is eight years, go make your money.

Adjust, everything about adjustment.

But you can not know what their philosophies are.

You need to know the philosophies of the politicians in your community.

10.Study smart investors

study smart investors

Study smart investors But do not be too religious about them.

Like for instance, you ought to read everything warren buffett’s got.

Read every single thing warren buffett’s got.

Read any of the books he’s got, go read them.

Because what he is going to teach you is his way of thinking.

His mindset, he going to teach you the way he thinks.

Like some people ask,”Why did warren buffett spend $35 million to buy silver six years ago

And why did he…. and why does not to any technology and stay away from it?

You know why does he…. these are Philosophies.

The thing you have got to respect about warren buffett is when he says,”I don’t do technology,”.

He didn’t do technology. So he stuck to philosophy long enough until it worked.

Study smart investors.

11. Play your game.

play your money game

Play your game, Don’t compare Okay let mr explain,

This is extremely problematic to a lot of people because

Let’s just say on this doubles game, You have $8,000.

And let’s just say your cousin have $4,096,000.

Why are you comparing yourself to him? right

You need to play your doubles game.

And, You know its not the same game. he is four doubles ahead of you.

You have just got to make sure to play your game.

You can’t say, I am going to play my game at the level with the other guys,”

Because when you do that way, you make reckless decision and you lose a double.

You don’t want to lose doubles, right?

And You want to gain doubles. i hope i am making sense to you.

You don’t want to go backwards and any time you focus on this guy ( people ahead of you),You sometimes go backward.

So, focus on your game, focus on your strategies, Focus on your Horizon.

Focus on your risk tolerance, and play according to that game.

Your vision may not be to be billionaire, your vision may not be to go out there and do something very big.

Your vision may be, i want to one day have $2 million. That’s all good.

Play to that game. And put a plan next to it.Play to that game.

But do not constantly compare yourself to other people. Okay?

12. Index

rules of money

Next, is Index, A lot of people say,”well as long as you beat the Index.”

Okay, as long as you beat the index.

I am more concerned of beating my goals than i am about beating the index.

I am not worried about beating the index.

Now, i am worried about beating my goal. What is my goal?, what is the deadline?

I want to beat that number. Because it’s mine.That’s what i am committed to.

What is my deadline? i am not committed to this, i am not committed to the index.

I am committed to this. May be i need to do a lot more than what the index is doing.

Because this is why i am in business.

In business i can control the amount of growth i am going to have in my income.

I can not control if i am studding just the index

and the index is going 11.9% and i beat it 2.% but that is going to take me a long time

to get over here(bottom of boules).NO, NO

Play you game. beat your goals instead of trying to beat the index only.

13. Befriend money makers.

befriend money makers 13th rule

I will tell you why befriend money makers that you trust.

If you are around other people that know how to make money, you are going to make money.

That is just kind of how things work out.

If you are around people that know how to make money, you are generally going to make money.

If you are around people that don’t even know hoe to make money, or don’t even make a lot of money.

You are not going to make a lot of money.

So, you know who you are going into business with, know you are doing things with.

Sometimes things seem too sweet and all this stuff, but you don’t know the person.

It’s important for me to know who i am going to be doing business with.

I hire very slowly, i fire very fast, four people we fire in a day, no problem,

I can not do this, the tolerance is not in the right place,

We can not do this, we need to move on.

Especially the higher up it is, the more i travel with the person to get to know them.

Same exact thing when it come to here. whoever you are going to do business with, befriend them.

Travel with them. if somebody’s extremely wealthy, go to dinner with them.

See their standers of living, see their discipline, see their behavior and then say,”I like this person.

I like what their friends say about them, i like how his.

This is the person i can do business with.right?

14. Diversification is for absolute sissies.

rules of money

Diversification is for absolute sissies okay?

So if you are a sissy, and your risk tolerance is very low, it’s okay.

It’s okay to be a sissy.a lot of people are sissies. but if you truly want to create your wealth,

And you are wondering why in your lifetime,

you work for 17 years and you don’t have a single penny, and you have made $617,000,

Yet, you only have $6,000 to show for it, there’s a problem there.

There’s a problem there. what is the problem?

Diversification is a great concept to dell for these expert financial advisers

That are playing every single things safe all these other things, yes.

Now, for those of you that are watching this and you are 73 years old, diversification may be good for you,

If you already have hit your goal of $6 million and you are where you are at.

You are 62 year old, and i respect the fact that you already hit your numbers are solid risk tolerance is lower,

Time Horizon lower.Okay, you are playing a different game.

I am talking mainly to the people that are in the offensive mode of their lives.

You are trying to get your double to go quickly faster.

If you just rely on diversification, 20, 30, 40 years,

well you just got to know that is going to take 40 years, it’s going to take 30 years.

Maybe.That is if everything goes the way it is supposed to be going.

So i don’t recommend just relying on diversification to take you to where you want to get to.

15.The Game is about Leverage.

rules of money

The Game is about Leverage Everything is leverage.Now let me explain what leverage means.

I am not saying leverage go into debt with everything. i am not talking about leverage like that.

I am talking about leverage, period.what could leverage be?

Leverage your business.How can you grow your business if you are running a business?

How can you leverage to have more suport?

And, How can you leverage to sell more?, How can you leverage to expand more?

How can you leverage to increase the volume of business, more?

or hoe to market yourself more?,and how can you leverage to get to the customer faster?

How can you leverage to increase the speed of growth of your business?

How can you leverage to get certain things going?

And How can you leverage?

Everything is a leverage game?

And the more you study the concept of leverage and the game how it works, the better it is for your wealth.

16.Positioning.

rules of money, positioning

Positioning has to do with with, for instance, i will tell you what Positioning is.

We could do a whole thing on Positioning but i am just going it to you in a shorter sentence.Positioning.

If i am going to go work at a company and i am going to have a piece of the equity,

And i am going to position myself to own a piece of that company,

And it is going to go public, that is smart Positioning.

That is very, very smart Positioning.

Tom over here who’s our Positioning, tom created his wealth by Positioning.

He went and Positioning himself in certain place and Positioning

in the victory by owning a pieces and he Positioning himself.

Sometime it’s Positioning. sometimes it is who you are running with.

A lot of time it goes like, “I am making great income with this company I am at.”

Yeah, but you haven’t Positioning yourself yet because there is no backing on the equity.

so it is Positioning. You have got to also position yourself here to make sure you are taking care of that part, right?

Of course you have got to take care of your credit, you have got a high income, savings.

Investments, but you are got to make sure you are positioning yourself properly as well.

17. Strategic partnerships.

rules of money, strategic partnership

Strategic partnerships.The more you can create an environment, it’s kind of similar to befriend money makers,

But this is slightly different because it is international.

if you can figure like what we do at our company,

Is we have strategies partnerships where a lot of people make money.okay?

The more people make money, the more people continue to do business with you,

If there are strategies partnerships.

I have strategies partnerships with $400 billion companies. $200 billion companies,$60 billions companies.

I have strategic partnerships with a lot of different companies that benefits them.okay?

Strategic partnerships increases the value of making money

because a lot more people are making money with you when they go into business with you.

18. Big check syndrome.

rules of money, big check syndrome

Last but not least big check syndrome. Let me tell you what the big check syndrome is.

Oh my God, i have seen so many people screw this whole thing up.

And i will just explain to you what it is.

So, for instance, say you are doing real estate, hypothetically.okay?

And all of a sudden, you get this one client wants you to sell their home.

It is a $3 million home. I am just throwing numbers out there.

And you go and sell this $3 million home,

The check is a hundred and some thousand dollars that you get.

And you say,”oh my gosh, i made $100,000 and for two months, you live as if you made$100,000 in a month.

What you don’t realize is that $100,000 check in a month,

You need to look at it as an $8300 a month income for that year.

That is what that means.it is no $100,000.

Ans i have seen so many people who treat this as $100,000 in a month, and they get cocky,arrogant, all this stuff.

And then they go back to right here ( beginning of double.)

And their double goes lower and lower and lower.

you know, And they don’t realize it is just a big payday.

Let me explain. would you rather have right now a half a million dollar cash i give you.

start a business from scratch

Read this question, you are going to answer

Would you rather take half a million dollars, I am going to give you a half-million dollars,

or would you rather take an income stream, guaranteed of $100,000 over 20 years?

Which one would you take?

Half a million up front, $100,000 over 20 years? which one would you take?

Believe it or not, most people will say, well, ” i think the right answer is $100,000.

Most people would take a half a million.

Let me tell you why the $100,000 allow you to do more.

The 100,000 is two million bucks.

The half a million dollars is a half a million bucks.

See, this give me the opportunity to have a stronger backing to make bigger decisions. to get bigger doubles.

Now you may say, pat, but half a million dollars?

That already puts me here ($512,000).

It is irrelevant if you don’t know how to play the money game.

I want high income as well. I want income coming in that feeds my game so i can increase my net worth.

This ( income) is a very, very important game, so don’t get too crazy about big check syndrome.

And all of a sudden fall for it and lose everything that you got

because it can totally mess up your net worth and you work all the way back to your double.

So with that being said, this is what i want to do to you.

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