Laws largely exist to save humankind from the consequences of acting ignorantly.
And when it comes to money, ignorance is terribly expensive. So when you see a title like The 21 Absolutely Unbreakable Laws of Money, it can be difficult to ignore it.
And while there are many books out to educate us mere mortals on managing our cash (some more successfully than others), Brian Tracy has been able to put out a book that’s grounded in reality. He’s a millionaire writing on how to become a millionaire.
In The 21 Absolutely Unbreakable Laws of Money, he highlights the fact that money is attracted to people who treat it well. It flows toward those who use it in the most productive ways to produce valuable goods and services, and who invest it to create employment and opportunities that benefit others.
And, according to Tracy, it all starts with what you think about money.
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1. The Law of Cause and Effect
Everything happens for a reason, meaning there’s a cause for every effect.
This has been dubbed the ‘Iron Law’ of human destiny. It states that everything happens for a reason, whether or not we know what that reason is.
Success or failure, wealth or poverty, each has a specific driver or drivers. Financial success, therefore, is an effect and it comes from specific causes.
Identifying these causes and implementing them, Tracy says, will get you the results that others have got.
You can acquire whatever amount of money you want if you do what others who’ve gone before you have done to achieve this result. And if you don’t, you won’t.
“Thoughts are causes and conditions are effects,” Tracy says. This means the way you think about money and about your financial situation largely determines your financial condition.
2. The Law of Belief
Whatever you truly believe, Tracy says, becomes your reality. We act in ways consistent with our beliefs, especially about ourselves.
We don’t necessarily believe what we see, but rather see what we already believe.
As a result, the best belief you can develop within yourself if amassing wealth is something you want is that you’re destined to be a big success financially.
When you’re absolutely convinced that you’re a financial success in the making, you’ll engage in behaviour that will make this claim come true.
You will avoid self-limiting beliefs. The fact is that no one is better than you are and no one is smarter than you are. If someone else is doing better, it’s largely because they’ve developed their natural talents and abilities more than you have.
3. The Law of Expectations
Whatever you expect becomes a self-fulfilling prophecy. When you confidently expect good things to happen, good things usually happen to you, says Tracy.
Wealthy people expect to be rich. Successful people expect to be successful. Happy, popular people expect to be happy and popular. And your expectations are under your control.
4. The Law of Attraction
You’re a living magnet; you invariably attract into your life the people, situations and circumstances that are in harmony with your thoughts.
“If you want to change your life, you have to change how you think,” says Tracy.
Everything you have in your life, you have attracted to yourself because of the way you think.
This law works simply: if you want to turn your financial goals into reality, think about this more consciously. You’ll set up a ‘force field’ of positive energy that attracts people, ideas and opportunities into your life.
5. The Law of Correspondence
Ever heard of the term “mental equivalent?” It’s in reference to the idea that your greatest responsibility in life is to create inside yourself the mental equivalent of what you want to experience on the outside.
You won’t achieve what you want on the outside until you’ve first created it on the inside. Your relationships, attitude, your health and your financial conditions are a reflection of the way you think, says Tracy.
By thinking and talking only about what you want, and by refusing to think or talk about what you don’t want, you create your own destiny.
6. The Law of Abundance
We live in an abundant universe in which there’s sufficient money for all who really want it and are willing obey the laws governing its acquisition.
Tracy references a question the old millionaire in The Instant Millionaire by Mark Fisher asks the boy who’s sought his advice about becoming a millionaire: “Why aren’t you rich already?”
Ask yourself why you’re not rich, and write down all the reasons you can think of. Go over the answers with someone who knows you well and ask for their opinion.
You may be surprised to find that your reasons are mostly excuses that you’ve allowed to take root. Get rid of them.
hustle@standardmedia.co.ke
