The 4 Laws of Wealth You Need to Know

The four big laws of wealth. Most people think that wealth is unattainable or it's evil. The love of money is the root of all evil.

No, it's not.

People think that you have to be born into wealth or that it's complicated or that it's a mystery, or actually they think that there's something kind of fundamentally wrong and greedy about being wealthy or that they're unfortunate their parents raised them to save the pennies. Money doesn't grow on trees. Now look, I wrote the UK's best selling book on money called Money. This is the podcast Money. And I've learned a thing or two.

About money in the last 16 years.

But I used to hate millionaires. It's funny because deep down in my soul, I wanted to be a millionaire. I wanted it so bad.

I wanted a nice car, I wanted a nice house.

I wanted freedom, but I couldn't admit it. It's sort of.

Certainly in the uk.

I don't know where you listen and watch from, but I'm from the UK and it's very taboo and uncouth and grotef too. Talk about money and to, you know, money makes a terrible God, money makes a great servant, but a terrible master. And they tell you all this stuff. And the love of money is the root of all evil. And of course, you know, charging interest is usury through all culture and religion. Most many, not all, Scientology different. But through much of culture and religion, stiffen in America. And I get that. And so I love Americans. That's why people say that, hey, Rob, Rob, we want to adopt you in America. And they obviously don't talk like that. But actually gaining wealth is not that complicated. It's over complicated. And I think that there are four big steps to building wealth. Are you ready for them? Let's go. And by the way, make sure you engage with me on my social media. Obviously you can't comment on comments in a podcast, but you can go and watch the many of the podcast episodes.

We also have the extended or edited.

Depending on what the content is, YouTube version. And I do daily rants on my Facebook page. So, you know, don't assume that the same content is on all channels. It's not. So the big law of wealth, number one. I learned this from books written in the 1920s and 30s. Are you ready? Never spend more than you earn. Duh, duh. Here's the thing. Volatile emotions erode wealth. A lack of proper planning and budgeting and managing emotions around money erode wealth. You cannot master what you do not measure. So you must measure and budget and know exactly what you spend to the pound and pence, dollar and cents. And never go over that, no matter what excuse or emotion you're bringing to the table at the time. Because if you never spend more than you earn, in the end, you can't not get rich. You can't not even if you only save and then invest 1% of what you earn through compounding over decades, you can become a millionaire that way. Now, by the way, remember when with high inflation and wages going down and massive quantitative easing of the government and the banking scam not guaranteeing your money and not paying you any interest, remember that cash is trash and cash is going down 10 or 15% plus a year. So you have to remember that. So when I say never spend more than you earn every year, when the cost of your cash is going down by that amount, you've got to compensate that amount. So just remember that. Now, this is just a rule. And you know, rules and laws create wealth. You've got to go into logic and not into emotion. Volatile emotions erode wealth. Extreme highs, addictions, elations. You make bad investment decisions. Never make an investment decision or a promise when you're high. But then when you're low, you can hoard. Or when you're in pain, you can pay a load of money to try and alleviate the pain. Like, you know, if one of your family members became very ill, terminally almost, you'd liquidate all assets and give all the money to try and buy back some time in their life. Because that's obviously pain. Now, it's not always that extreme. But volatile emotions, extreme high, extreme low, they erode. Well, okay, so the big law number one is never spend more than you earn. The big law number two then is to invest the surplus, the savings into assets and not in a savings account. So many people have been taught save the pennies and the pounds will take care of themselves. Save, save, save. You were taught by your parents to save, right? Now saving will make you broke. The banks know it. Do you know the bank see cash as a liability? So they get cash from you and immediately it's a liability on their balance sheet. Why? Because it goes down in value with inflation. So they need to lend or invest it out. And they lend it and invest it out. 10x, by the way, every pound or dollar you give them, they're lending out 10 or investing 10. So they know cash on the balance sheet is a liability because that's going down and down and down. So it's the same for you. Don't fall for the banking scam. Make sure that you manage your master your own money. Get educated. So you need to take the amount that you're not spending over and above your earnings, your savings and you need to immediately.

This recent budget should warn you that your pension is not safe and secure and they're coming for your inheritance. Do you even know how much is in your pension or where your pension is invested? Add to this the recent inheritance tax grab on your pensions and the risk of a market crash. You probably didn't know this and I didn't until recently, but physical gold can be added to your pension. Pot gold is inheritance tax free and has grown 700% in the last 20 years. You probably know from my content I'm investing heavily in silver and gold and that's why I've partnered with DirectBullian. Myself and Nigel Farage are brand ambassadors and direct bullion can help you with gold to protect and grow your pension. I buy my gold and silver from direct bullion and I don't earn any money on any purchases of gold or silver if you buy direct from direct bullion. So if you go to robmore.directbullion.com, you can get a great price on your silver and gold and you can get the Pension Gold Investing Guide completely for free. As you know, I don't do many strategic partnerships and when I do, I do do them with people who are credible, who've been doing it a long time, who invested things that I invest into and gold and silver's going wild. I'm investing heavily in gold and silver and I recommend you check out robmore.directbullion.com.

There'S nothing wrong with the CD. The vinyl hasn't skipped. It's just me you need to invest the surplus into assets. Now. Assets I believe produce capital and income. So bitcoin gold. It's a capital asset only it's not an income producing asset. I'm going to do loads more content on investing and assets. I just want to talk about the four big laws of wealth.

Right now gold is predicted to go up to $3,000 an ounce by bank of America. That's a 50% increase in a very short time. Gold and silver have gone through the roof recently with all this news of an impending recession, depression or crash. I'm also very excited to announce a brand new and long term partnership with Direct Bullion. This is not an ad or an affiliate link. This is a long term partnership. The owner of Direct Bullion has actually been a fan of my show for many years and myself and Nigel Farage have become the ambassadors for direct bullion. If you go to robmore.directbullion.com you can get the very best spot or under prices on silver and gold. You can learn about how to invest in in silver and gold from the people who I buy gold from and who mentor me on my silver and gold investing. You can also buy gold and silver in your pension, which is something that a lot of people don't know about. So to save me answering the thousands of questions I get about investing in silver and gold, Simply go to robmore.directbullion.com Right now we have a banking crisis, a potential global recession, billionaires selling all of their assets to be liquid to cash in on the crash, banks going bust and taxes going up. If you'd like to learn how to cash in on the crash and not just survive, but thrive in challenging times, I invite you to join us at the Money Maker Summit Live. The link is robmore Live Money. I'm subsidizing a small number of tickets from my Rob Moore foundation or for a very small upgrade fee, you can get special VIP tickets and where you meet me personally, you'll get your book signed, there's VIP dinner with six multimillionaires, there's champagne reception Q&As with three or four panel millionaires and bonus money mindset sessions as well as the special three days on getting your tax bill down, your income streams up, my eight stages of building wealth, my formula for riches and much more content at robmore Life Forward Slash Money. The agenda, the details, the dates and the speakers are all at the link. Robmore Life Money.

You must protect your capital from inflation and banking scams and, you know, government intervention and then put it into an asset that protects it. By the way, if you buy certain assets like businesses or real estate, you can buy low undervalue. So you've got equity capital protection, then you've got capital appreciation and then you've got income. Now sometimes you want protection assets, gold and bitcoin and things like that. You might think decentralized, you know, store of value, yes, but they don't produce income. So remember that. And I like assets that produce income. The third big law of wealth, by the way, is always do more than you pay to do. And right now in this sort of woke entitled not everywhere, but there's certainly a big movement towards well, I deserve more and I should get paid more and do less and work from home. You know, I should do a four day working week and I'm allowed and I'm entitled and oh, don't offend me and there's a lot of that going on right now and that's the negative ethic. If you want to be wealthy, if you want to be wealthy, you need to always do more than you're paid to do. Do the job you want, not just the job you've got. If you're paid, I was taught by a billionaire, if you are paid to do the front lawn, do the front lawn, do the flower beds and do the hedge, most people in nowadays society, they want to do just enough, just enough work not to get fired.

This recent budget should warn you that your pension is not safe and secure and they're coming for your inheritance. Do you even know how much is in your pension or where your pension is invested? Add to this the recent inheritance tax grab on your pensions and the risk of a market crash. You probably didn't know this and I didn't until recently, but physical gold can be added to your pension pot. Gold is inheritance tax free and has grown 700% in the last 20 years. You probably know from my content I'm investing heavily in silver and gold and that's why I've partnered with direct bullion. Myself and Nigel Farage are brand ambassadors and direct bullion can help you with gold to protect and grow your pension. I buy my gold and silver from direct bullion and I don't earn any money on any purchases of gold or silver. Silver if you buy direct from direct bullion. So if you go to robmore.directbullion.com you can get a great price on your silver and gold and you can get the pension Gold investing guide completely for free. As you know, I don't do many strategic partnerships and when I do, I do them with people who are credible, who've been doing it a long time, who invested things that I invest into and gold and silver's going wild. I'm investing heavily in gold and silver. I I recommend you check out robmore.directbullion.com.

Get paid just enough not to feel pain, to leave, hate my job and my life. Not quite enough but nearly there to not make a change. It's the wrong attitude. Always do more than you're paid to do, always go above and beyond. Always give more value than you charge and you'll make a lot more money. And this is why Rob Team, my members area, my premium content platform. It's Only the cost of a large coffee. It's just a large coffee. Why? Because. Well, there's a few reasons. One, I'm on a mission to change the financial education system and give many as many people on this planet better financial education and knowledge. Two, because I already made my millions in my 20s and my tens of millions in my 30s. I'm in my 40s now, getting old, ranting and going grey. But also because I know that free advice can be worth every penny. But when you pay, you pay attention. And I also know that if I provide more value than I ask for, I'm going to get referrals and more business and more purchases. So Rob Team is to start and scale up entrepreneurs who want to get better financial education and knowledge. Maybe you want to learn how to invest. Maybe you want to create extra income streams, work from home. Maybe you want online income streams and information into income content, into cash flow. Maybe you want to build multiple streams of income, digital income, digital assets, anywhere, anytime, with anyone. So if you're not already a member, go to Rob Team. Just do it now. By the way, I've got one more point, but pause. Go do it now. When all is said and done, more is said than done. You have to take action. So if you pause, open a new page or window, just, just type in Rob T E A M. I'll see you there. It's only a large coffee of an investment. You can cancel anytime. You can go and get the hundreds of hours of masterclasses and zoom courses and challenges going, articles going back three years and you can cancel if you want. Take you a while to do that, by the way. Just saying. But you can gamify me if you want. I just want you to take action and I want you to understand that the government aren't going to save you, your parents aren't going to save you, that tax isn't going to go down, inflation isn't going to go down and that you have to be fully personally responsible. So join Rob Team. Rob T E A M. By the way, we've got a lot of master classes coming up. I'm really stepping up on Rob Team. I'm doing a life masterclass every two weeks or so now. No, every 10 days or so. I've been doing about three a month. I'm writing a lot more articles for Rob Team. We're doing, you know, business and make cash challenges, doing live events. I don't want to say what they are and age this episode. Also don't want to ruin the surprise. I Think you'll love it? Go to Rob T E A M. Okay. And then the fourth big law of wealth. Don't work hard for your money. Get your money working hard for you. The harder you work for your money, the more of your life you're giving away and you get to a point where productivity reduces. So you will have an optimum amount of work hours and physical energy that you can put into your day. Robin Sharma reckons it's three and a half. I probably reckon it's probably two and a half. Some people might, your employer might want eight. But let's be honest, when you work eight hours a day, you don't work eight hardcore hours a day. You might only work four hardcore hours a day. But. But we've all got a different capacity, probably based on passion and energy and age. But let's say it's five hours a day. That's your optimum. Let's say if you start working 6, 7, 8, 9 hours a day to get more money, your productivity goes down and it's unsustainable. And Warren Buffett says if you don't make money while you sleep, you'll be working until you die. And I say that you need to turn occurring income into recurring income, earned income into residual income. So what? Instead of working hard for your money, you've got to get your money working hard for you. And billionaires have their money working harder for them than them working for their money. So if you have assets and investments and IP and online courses and businesses licenses, etc. Then your money is working hard for you. And your. Your money over time can work way harder for you than new work for your money because it can work night and day, 247, 365. And joining Rob team will teach you how to build digital assets, online assets, it'll teach you how to invest. It'll teach you. For example, I monetize my social media. It's about six figures a month at the moment, purely on organic content. I want to get that up to seven pretty quick. I've got one come two companies which share about 100 staff. So that's an asset that works for me day and night. I've got my books and audiobooks and podcasts and YouTube and everything else that has, sponsors and advertisers, etc. So I'm trying to build these digital assets and these physical assets that work harder for my money than I could ever work for my money. Thanks for tuning in. I hope you found this useful. The four big laws of wealth. Number one Never spend more than you earn. Number two Invest that surplus into assets protected from cash and inflation. Number three Always do more than you paid to do and you'll get paid more. Number four Try not to work too hard for your money. Get your money working hard for you. Now I really like to engage with my community and it's difficult on a podcast. So go and check out my content on YouTube and find this video and go and let me know what you think in the comments on YouTube. Let me know what you think in the comments. Have you got any other laws of wealth? Do you want to challenge or discuss or debate anything that I said? And remember this, if you don't risk anything, you risk it.

This episode was brought to you by Disruptive Media, helping Bold entrepreneurs stand out through podcasting, video and social content. Visit disruptive media.co.uk to learn more. This episode was brought to you by Disruptive Media, helping Bold entrepreneurs stand out through podcasting, video and social content. Visit disruptive media.co.uk to learn more.

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