Rich Dad Poor Dad | S5 – E12 | Assets vs. Liabilities | What’s Your Cash-flow Pattern?

Are you a poor, middle, or rich cash-flow possessing individual?

Well, let me try to break this down in blog form. If you want the amazing podcast, make sure you scroll down to the bottom for it.

Cash-flow of a poor person

Your job gives you your salary, which then goes to your expenses: taxes, food, transportation, clothes, etc. That’s all you have. You have zero assets, and fortunately, you have zero liabilities.

Cash-flow of a middle-class person

Your job gives you your salary, but instead of going to expenses, it goes down to your balance sheet in the category titled “liabilities.” This has your mortgage, car loans, credit card loan debt, school loans, etc. After you pay for your liabilities, then the remaining money goes back to your expenses: taxes, etc.

Cash-flow of The Rich

You do not have a job or salary. Better yet, your money starts in your balance sheet in the assets category which has real estate, stocks, bonds, notes, intellectual property. Those assets never get paid with liabilities. In fact, it goes back up to your income statement, which is the rental income, dividends, interest, and royalties. The only monthly expenses you have are taxes and a possible mortgage payment.

Which one are you?

Podcast

Rich Dad Poor Dad | S5 – E9 | A Job is a Short-term Solution to a Long-term Problem

“Remember what I said before: A job is only a short-term solution to a long-term problem. Most people have only one problem in mind, and it’s short-term. It’s the bills at the end of the month, the Tar Baby. Money controls their lives, or should I say the fear and ignorance about money controls it. So they do as their parents did. They get up every day and go work for money, not taking the time to ask the question, ‘Is there another way?’ Their emotions now control their thinking, not their heads.”

“Can you tell the difference between emotions thinking and the head thinking?” Mike asked.

Rich Dad Poor Dad

The absolute TRUTH! I’ve never heard it put so eloquently. A job is a short-term solution to a long-term problem. Genetics maybe? Mother did the same thing — work hard for a dead end check and pay all the bills.

Why Teach Financial Literacy

Whenever I speak to groups of people, they often ask what I would recommend that they do. “How do I get started?” “Is there a book
you would recommend?” “What should I do to prepare my children?” “What is your secret to success?” “How do I make millions?”

Whenever I hear one of these questions, I’m reminded of the following story:

The Richest Businessmen

In 1923 a group of our greatest leaders and richest businessmen held a meeting at the Edgewater Beach hotel in Chicago. Among them were Charles Schwab, head of the largest independent steel company; Samuel Insull, president of the world’s largest utility; Howard Hopson, head of the largest gas company; Ivar Kreuger, president of International Match Co., one of the world’s largest companies at that time; Leon Frazier, president of the Bank of International Settlements; Richard Whitney, president of the New York Stock Exchange; Arthur Cotton and Jesse Livermore, two of the biggest stock speculators; and Albert Fall, a member of President Harding’s cabinet. Twenty-five years later, nine of these titans ended their lives as follows: Schwab died penniless after living for five years on borrowed money. Insull died broke in a foreign land, and Kreuger and Cotton also died broke. Hopson went insane. Whitney and Albert Fall were released from prison, and Fraser and Livermore committed suicide.

I doubt if anyone can say what really happened to these men. If you look at the date, 1923, it was just before the 1929 market crash and the Great Depression, which I suspect had a great impact on these men and their lives. The point is this: Today we live in times of greater and faster change than these men did. I suspect there will be many booms and busts in the coming years that will parallel the ups and downs these men faced. I am concerned that too many people are too focused on money and not on their greatest wealth, their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer despite tough changes. If they think money will solve problems, they will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.

So when people ask, “Where do I get started?” or “Tell me how to get rich quick,” they often are greatly disappointed with my answer.
I simply say to them what my rich dad said to me when I was a little kid. “If you want to be rich, you need to be financially literate.”

That idea was drummed into my head every time we were together. As I said, my educated dad stressed the importance of reading books, while my rich dad stressed the need to master financial literacy.

Rich Dad Poor Dad | S5 – E8 | Should Prices Go Up?

Because it is ignorance about money that causes so much greed and fear,” said rich dad. “Let me give you some examples. A doctor, wanting more money to better provide for his family, raises his fees. By raising his fees, it makes health care more expensive for everyone.

It hurts the poor people the most, so they have worse health than those with money. Because the doctors raise their fees, the attorneys raise their fees. Because the attorneys’ fees have gone up, schoolteachers want a raise, which raises our taxes, and on and on and on. Soon there will be such a horrifying gap between the rich and the poor that chaos will break out and another great civilization will collapse. History proves that great civilizations collapse when the gap between the haves and have-nots is too great. Sadly, America is on that same course because we haven’t learned from history. We only memorize historical dates and names, not the lesson.”

“Aren’t prices supposed to go up?” I asked.

“In an educated society with a well-run government, prices should actually come down. Of course, that is often only true in theory. Prices go up because of greed and fear caused by ignorance. If schools taught people about money, there would be more money and lower prices. But schools focus only on teaching people to work for money, not how to harness money’s power.”

“But don’t we have business schools?” Mike asked. “And haven’t you encouraged me to go for my MBA?”

“Yes,” said rich dad. “But all too often business schools train employees to become sophisticated bean-counters. Heaven forbid a bean- counter takes over a business. All they do is look at the numbers, fire people, and kill the business. I know this because I hire bean-counters. All they think about is cutting costs and raising prices, which cause more problems. Bean-counting is important. I wish more people knew it, but it, too, is not the whole picture,” added rich dad angrily.

“So is there an answer?” asked Mike.

“Yes,” said rich dad. “Learn to use your emotions to think, not think with your emotions. When you boys mastered your emotions by agreeing to work for free, I knew there was hope. When you again resisted your emotions when I tempted you with more money, you were again learning to think in spite of being emotionally charged. That’s the first step.”

Rich Dad Poor Dad: S5 – E3 – The Beginning to Using the Mind

Being a product of two strong dads allowed me the luxury of observing the effects different thoughts have on one’s life. I noticed that people really do shape their lives through their thoughts.

For example, my poor dad always said, “I’ll never be rich.” And that prophecy became reality. My rich dad, on the other hand, always referred to himself as rich. He would say things like, “I’m a rich man, and rich people don’t do this.” Even when he was flat broke after a major financial setback, he continued to refer to himself as a rich man. He would cover himself by saying, “There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.”

My poor dad would say, “I’m not interested in money,” or “Money doesn’t matter.” My rich dad always said, “Money is power.”

Although both men had tremendous respect for education and learning, they disagreed about what they thought was important to learn. One wanted me to study hard, earn a degree, and get a good job to earn money. He wanted me to study to become a professional, an attorney or an accountant, and to go to business school for my MBA. The other encouraged me to study to be rich, to understand how money works, and to learn how to have it work for me. “I don’t work for money!” were words he would repeat over and over. “Money works for me!”

At the age of nine, I decided to listen to and learn from my rich dad about money. In doing so, I chose not to listen to my poor dad, even though he was the one with all the college degrees.

The next morning, I told my best friend, Mike, what my dad had said. As best as I could tell, Mike and I were the only poor kids in this school. Mike was also in this school by a twist of fate. Someone had drawn a jog in the line for the school district, and we wound up in school with the rich kids. We weren’t really poor, but we felt as if we were because all the other boys had new baseball gloves, new bicycles, new everything.

Mom and Dad provided us with the basics, like food, shelter, and clothes. But that was about it. My dad used to say, “If you want something, work for it.” We wanted things, but there was not much work available for nine-year-old boys.

“So what do we do to make money?” Mike asked.
“I don’t know,” I said. “But do you want to be my partner?” He agreed, and so on that Saturday morning, Mike became my

first business partner. We spent all morning coming up with ideas
on how to make money. Occasionally we talked about all the “cool guys” at Jimmy’s beach house having fun. It hurt a little, but that hurt was good, because it inspired us to keep thinking of a way to make money. Finally, that afternoon, a bolt of lightning struck. It was an idea Mike got from a science book he had read. Excitedly, we shook hands, and the partnership now had a business.

Rich Dad Poor Dad: S5 – E2 – Take Risks or Play it Safe?

Although both dads worked hard, I noticed that one dad had a habit of putting his brain to sleep when it came to finances, and the other had a habit of exercising his brain. The long-term result was that one dad grew stronger financially, and the other grew weaker. It is not much different from a person who goes to the gym to exercise on a regular basis versus someone who sits on the couch watching television. Proper physical exercise increases your chances for health, and proper mental exercise increases your chances for wealth.

I had two influential fathers, I learned from both of them. I had to think about each dad’s advice, and in doing so, I gained valuable insight into the power and effect of one’s thoughts on one’s life. For example, one dad had a habit of saying, “I can’t afford it.” The other dad forbade those words to be used. He insisted I ask, “How can I afford it?” One is a statement, and the other is a question. One lets you off the hook, and the other forces you to think. My soon-to-be-rich dad would explain that by automatically saying the words “I can’t afford it,” your brain stops working. By asking the question “How can I afford it?” your brain is put to work. He did
not mean that you should buy everything you want. He was fanatical about exercising your mind, the most powerful computer in the world. He’d say, “My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make.” He believed that automatically saying “I can’t afford it” was a sign of mental laziness.

My two dads had opposing attitudes and that affected the way they thought. One dad thought that the rich should pay more in taxes to take care of those less fortunate. The other said, “Taxes punish those who produce and reward those who don’t produce.”

One dad recommended, “Study hard so you can find a good company to work for.” The other recommended, “Study hard so you can find a good company to buy.”

One dad said, “The reason I’m not rich is because I have you kids.” The other said, “The reason I must be rich is because I have you kids.”

One encouraged talking about money and business at the dinner table, while the other forbade the subject of money to be discussed over a meal.

One said, “When it comes to money, play it safe. Don’t take risks.” The other said, “Learn to manage risk.”

One believed, “Our home is our largest investment and our greatest asset.” The other believed, “My house is a liability, and if your house is your largest investment, you’re in trouble.”

Both dads paid their bills on time, yet one paid his bills first while the other paid his bills last.

One dad believed in a company or the government taking care of you and your needs. He was always concerned about pay raises, retirement plans, medical benefits, sick leave, vacation days, and other perks. He was impressed with two of his uncles who joined the military and earned a retirement-and-entitlement package for life after twenty years of active service. He loved the idea of medical benefits and PX privileges the military provided its retirees. He also loved the tenure system available through the university. The idea
of job protection for life and job benefits seemed more important,
at times, than the job. He would often say, “I’ve worked hard for the government, and I’m entitled to these benefits.”

The other believed in total financial self-reliance. He spoke out against the entitlement mentality and how it created weak and financially needy people. He was emphatic about being financially competent.

One dad struggled to save a few dollars. The other created investments. One dad taught me how to write an impressive resumé so I could find a good job. The other taught me how to write strong business and financial plans so I could create jobs.

Podcast

Season 1: Episode 4 – Book Review – Material & Sexual Mask

Let me first ask you some questions.

  • Are you driven to a country because of sexual activities?
  • Do you want to buy a car because of your insecurities?
  • Does having a big house mean more to you than making a difference?

Those are the most basic questions in terms of these masks.  From the sex tourists that have made Thailand the number 1 tourist destination on the planet as of 2017 (ok, not all are, but a significant portion of that 20 million came here to engage in sexual interaction), to the high society who lavish themselves in luxuries to cover-up what’s really wrong underneath their skin.

Welcome to the two most vicious masks of society (as most of them are).

Ok, maybe the material mask relates to women more than men, but if you put the #entrepreneurship hashtag in on Instagram, you will see a lot of men wearing super expensive suits (rented), wearing fancy watches (also rented) while standing in front of planes (jumping over fences to get to them) or standing in front of cars (without the license plate pictured).  Yes, I’m calling out the Laguna boys who seemingly lost all perspective in terms of living.

Shows such as Jersey Shore made it much worse when it was all about body-building, money and the latest trends.  This goes for both men and women.

Lewis Howes, at the time of writing the book, was sitting in a massive mansion in Beverly Hills.  This mansion was owned by one of the most polarizing characters (and still is) by the name of Tai Lopez.  Yes, the man who spouted “KNAWLEDDDGEEE” all over the net, preaching to people about the “good” life on a Ted Talk stage, and someone who would constantly show his materials.  He also went on to say, “these materials don’t mean anything,” but it’s a selling point for you to get those weak-minded individuals into buying your courses?

Anywho, this is a man who’s hampered by the media-crazy materialistic America.

“The irony is, for so many people, all that materialism invalidates the quality of a person’s ideas. There’s nothing Tai can do to get those people to hear him, which just drives him further behind the Material Mask. It’s like someone trying to convince you that they care about you by screaming, “I love you!” louder and louder right in your face at the top of their lungs with the veins bulging out of their neck. You don’t hear the words; you only see the vulgar display.”

Excerpt From: Lewis Howes. “The Mask of Masculinity.” iBooks.

What’s available if you drop the mask?

Fulfillment
Worthiness
Inner peace
Attracting people who are interested in who you are, not how much you have
Feeling enough
Satisfaction with your achievements
Gratitude

 

Sexual Mask

I worked at a job in Pathumthani, Thailand who had about 13 anglo teachers (the emphasis is coming), all of which who escaped a terrible divorce, got shunned by their own children (who no longer speak to them) and ended up seeking refuge by marrying a poor woman from a village.  This is the story of the over 45s here in Thailand.

Ok, those are wife-tourists.

Let’s put some focus on the sex monsters.

 

Lewis Howes: Material Mask – Part II: Does Money Kill?

After accumulating so many riches over the course of years, Lewis Howes is still one of those people who drive a 1991 Cadillac. He went on to say that Tai Lopez’ viewpoint on buying luxury cars was interesting to him.  Heck, I believe anyone who buys cars over 100k$ USD is doing it to cover up what they’re lacking, if I haven’t said that already.

“Tai described the dangers of money quite well. He said, “I think that if you’re not careful, money is like a pit bull. A pit bull can save your life or it can turn around and kill you.”

If I can recall a story which Tony Robbins spoke about in his book about the richest man in Germany, Adolf Merkel.  This man was a billionaire back in his day, and after suffering a huge gamble and losing about 25% of his networth, he was absolutely finished with life.  His identity was so attached to money to the point he felt powerless, and in the ensuing days he threw himself off the building, ultimately committing suicide.

Anyone who believes money can kill them is right – based on face-value.  However, if you’re one of those people who look at money from an “enabling” standpoint, you’ll never think money “has you.”  Look at me.  Sure, I’ll be moving across town to a gorgeous condo and kick off 2018 with the most successfully sound bank account I’ve ever possessed.  But does that define who I am? Hell no.  Quite frankly, I can really give a damn about how much I make all year next year.  What I wanted most from one particular place was respect; then I was delivered racism and threats…so I got up and left because I knew there were six projects aching for my services.  Am I doing to purely because the money? ABSOLUTELY NOT! It’s the handshake after another.  Having speaking engagements in possibly Morocco and even in Bangkok (Tedx) is what I do it for.  Will I buy an Audi to look cool and contribute to the traffic congested roads in Thailand? Ludicrous!

“I suppose that’s why a lot of guys either love or hate Tai Lopez. Some see him as a hero. They want to drive nice cars. They want to be surrounded by models in their enormous mansions. They want to be able to hang out with celebrities who come over to their house. They want to be—or appear to be—the opposite of the invisible, ashamed, anonymous person they might feel themselves to be. Other guys see him as a fraud or a liar. They are convinced he’s making it all up and that he doesn’t actually have any money. They obsessively produce videos that question whether Tai rents his exotic cars or if his house is really his. If I had to guess why those doubters are so obsessed, it’s because, if Tai’s story is true, then deep down, they don’t think they would be able to do the same things Tai has done. And that kind of self-doubt, especially to a man raised in our current culture, is too crippling not to project outward onto others.”

Excerpt From: Lewis Howes. “The Mask of Masculinity.” iBooks.

There are a number of videos, Twitter accounts, and Facebook accounts depicting Tai Lopez.  Tom Bilyeu had him on Impact Theory recently, and the majority of his fans swarmed with positive comments.  On the other hand, those same people who feel that Tai is better than them began spewing rhetoric at everyone and everything about Tai.  Personally, I have no idea who Tai’s followers are, but regardless of what aisle people may be on, you do have to realize that Tai has that version of a material mask on.

I love how Lewis Howes put it.  He said, “listen to Tai is to watch his YouTube videos. And to listen to his insight is to watch him dispense it from the captain’s chair of a private jet surrounded by models in bandage dresses. Or from backstage at a concert. Or poolside at a private villa. Or in his giant Beverly Hills mansion. This extra bit of detail is like theater or a costume, and without it, it’s almost like he thinks his ideas will have less value. Or worse, they won’t matter.”

Like Lewis Howes said, all that materialism invalidates the quality of a person’s idea.

Podcast

Darren Hardy – Story of Kathleen

“Twelve years ago I had a wonderful assistant, Kathleen. She earned $40,000 a year at the time. She was tasked to manage the registration table situated at the back of the room during one of my lectures on entrepreneurship and wealth building. The next week she came into my office. “I heard you talk about saving 10 percent of everything you earn,” she told me. “That sounds nice, but there is no way I could do that. It’s totally unrealistic!” She proceeded to tell me about all her bills and financial obligations. After she wrote them all out, it was obvious there really wasn’t any money left over at the end of the month. “I need a raise,” she said.

“I’ll do better than that,” I told her. “I’m going to teach you how to become wealthy.” It wasn’t the answer she was looking for, but she agreed.

I taught Kathleen how to track her spending, and she began to carry her notebook. I told her to open a separate savings account with only $33—just 1 percent of her existing monthly income. I then showed her how to live on $33 less the next month—bring in her own lunch just one day a week instead of going downstairs to the deli and ordering a sandwich, chips, and a drink. The next month I had her save only 2 percent ($67). She saved the additional $33 by changing her cable subscription service. The next month we went up to 3 percent. We canceled her subscription to People magazine (it was time to study her own life), and instead of going to Starbucks twice a week, I told Kathleen to buy the Starbucks beans and other fancy fixings and make her own coffee in the office (she grew to like that even better—me too!).

By the end of the year, Kathleen was saving 10 percent of every dollar she earned without noticing a significant impact on her lifestyle. She was amazed! That one discipline also had a ripple effect on many other disciplines in her life. She calculated what she spent on mind-numbing entertainment and began investing that money on personal growth instead. After feeding her mind with several hundred hours of inspirational and instructional content, her creativity started to soar. She brought me several ideas on how we could make and save more money in our organization. She presented me with a plan that she would implement in her spare time, if I promised to reward her with 10 percent of all the money-saving strategies and 15 percent of all the new revenue strategies that proved profitable. By the end of the second year, she was earning more than $100,000 a year—on the same $40,000 base salary. Kathleen eventually started her own independent contract service business that took off. I ran into Kathleen at an airport two years ago. She now earns more than a quarter of a million dollars a year and has saved and created more than $1 million in assets—she’s a millionaire! All starting from the choice to take one small step and start saving $33 a month!”

Excerpt From: Darren Hardy. “The Compound Effect.” iBooks.

See how it works? It’s the little steps.  I’m not telling everyone to save a whopping 20-40% of your salary each month.  I’m not even saying 15%….but saving incremental one’s there and one’s here will add up to the significant amount.  I always take good care of my monthly subscriptions.  I limit myself to going to my favorite Italian restaurant.  I make sure I don’t buy anything completely outlandish if I don’t need it.  All these little things have added up to a savings account whereas if I look at it — I go “DAMNNNNNN!”

Time Is of The Essence – Tony Robbins Video On Compounding

In This video, Tony talks about starting at particular ages, but what it all comes down to is you can start saving little-by-little now and reap the rewards.

Podcast

Turning Points (Finance): Part 2 of 2

Enough is Enough

I was laughed at, talked badly about by Thai teachers (they make examples out of you real fast), students flipping me off in my face, disobedient.  On a number of occasions, I lost my voice.  Regardless of the money, I woke up one morning and said, “keep the 900$ USD….it’s not worth my peace of mind and voice.”  I collected my last check, left, and never looked back.

Testing The Waters

After going full-time at a place (while beating out another teacher for the position), it took a hell of a long time to get respect.  So many “happenings’ took place at this specific language center and there were times that I was as dry as the Sahara Desert — literally.  What I mean by that was work and work allocation.  There were plenty of times when it was very controversial and work would be distributed unevenly amongst teachers.  So one teacher can have up to five-classes in a day and another would have just one.

Towards the end of the year, there would be big arguments with other teachers; teachers holding meetings – pointing fingers at others because they don’t have work; and even my name came along as being an inexperienced teacher.

Well within my rights, I started looking at other places and other opportunities.  There were times that specific individuals looked me dead in the eyes and said, “too be honest, Arsenio, it’s actually difficult to get a company when we model a black teacher.  It’s easier when we have a white teacher.”

I looked elsewhere and found really abominable beings.  I was scraping the bottom of the barrel with the process. There was one specific Japanese individual that literally switched her seats constantly to avoid looking at me.  That was not only harsh, but demoralising.  Another individual said, “Arsenio, I understand.  I saw the looks on my students eyes when you walked by the classroom.”  I can’t make these stories up.  This was not only inexcusable, but simply revolting actions from Thai and Japanese students.

I kept looking — telling myself that my calling would be somewhere.  I knew there were opportunities and money to be made, but it was the bread crumbs that I needed to look out for.  If I didn’t find them, they would pass me by.  Language Center 1 wasn’t worth the racial hatred, number 2 was about proving grounds…..then there was the big shabang.

The Big Shabang

And as the cliché is told: “the third time is the charm.” BINGO! After a phone call on the morning of Sunday, there was an offering that I simply couldn’t refuse and needed to be selfish.  Selfish and Arsenio in the same sentence? Unlikely.  However, I was making other people happy and not taking care of my own self or my own damn pockets.  What stemmed from this were opportunities which will probably lead to my massive calling within the next few months.  Not only that, but throughout this entire process, I’ve been able to travel back home to America in style, Malaysia for my Spartan competition, Maldives, and probably Ho Chi Minh for New Years….all monumental feats and also crossed 15 “101 goals” off my to-do list.  This year….only this year, I’ve worked miracles.  Seeing Maldives on TV, movies, and dreams – became a reality.  Doing a ridiculous difficult competition while befriending the most awesome Malaysians and Pakistani’s ever = accomplishment — all on top of saving so much money.

As I look at my bank account, look at what I’m earning per month, and looking towards the future….all I can really do is cry.  Honestly.

https://www.spreaker.com/user/thearseniobuckshow/financial-turning-points-5-7-plateau-was

 

Napoleon Hill’s Failure – Identifying Your Turning Points — Part 1 of 2

While I do not mean to convey the impression that I believe all of our acts to be controlled by causes beyond our power to direct, yet I strongly urge you to study and correctly interpret those causes which mark the most vital turning-points of your life; the points at which your efforts are diverted – from the old into new channels – in spite of all that you can do.  At least refrain from accepting any defeat as failure until you shall have had time to analyze the final result. – Napoleon Hill

This is one of the funnest things to do in analyzing where you were and where you want to go.  Remember Steve Jobs said, “you can never connect the dots looking forward, only backwards.”  This is imperative and here’s what I came about with my turning points…I’m going to separate this into two podcasts and two blogs so not saturate everyone with so much information.

First Turning-Point: Bad Money In Chanthaburi.

My first job I got only 600$ USD a month, which is about 18,000 baht.  This salary, for any native English speaker, is downright criminal.  I wasn’t at the top of my game, but I was fresh in the world of teaching.  After being ridiculously threatened, berated, constantly scrutinized and talk badly to, receiving despicable looks from the parents because I was color, piss-poor working conditions and a bunch of empty promises – I had to make a massive financial decision.  My savings was plummeting and I was going to go 60 days without pay from October-November.  What did I do? I had to do what was in the best interest of me versus what other people wanted.

Second Turning Point: 10$ To My Name – Made An Oath

After trekking down to the south of Thailand to continue my teaching, I was hit with a financial disaster.  Having agreed to a 1000$ USD amount per month (which puts me in the top 50% of Native-English teachers in Thailand) I didn’t get paid for the month of October.  In saying that, November was going to be a very difficult; if not, the most difficult financial month of my life.  After borrowing money from my department head to last me for the month, I made an oath to myself: “I will never be this broke again.”  Having only 10$ to my name was one of the scariest moments of my entire teaching career here in Thailand.  10$! I had to do two-week visa runs because I didn’t have a visa or work permit; no family willing to transfer me money; no friends around to help me out; NOTHING! After finally getting a lump sum of money, I rejoiced and I never looked back.

Third & Fourth Turning Points Are In The Podcast Down Below.

Ask yourself the question, “have I overcome financial hardships? And when I did, did I improve on my life?”