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On Today's Episode: Money allows you to cover your basic needs and it also gives you the ability to have new experiences and do really cool sh*t. No it doesn\u2019t buy happiness, but not having the money you need to cover basics in life can make you feel really miserable.\nIn this money talk with Tom, we\u2019re going to look at habits you have around money, both good and bad, and we\u2019re going to help you find the path forward to what your version of financial success looks like. Your money habits, what you focus on, the story you have around money and your financial literacy are all important factors.\nLet\u2019s get you in the right mindset to:\nBreak away from the Time for Money tradeoff we\u2019ve adopted\nStart seeing money as potential to solve problems that allow you to earn more\nBuild habits that allow you to grow wealth \n\nSHOW NOTES:\n0:00 | Introduction to Money Talk\n0:21 | Money The Great Facilitator\n9:13 | Master the Game of Money\n17:19 | Break Habits That Keep You Broke\n35:17 | Adopt These Habits of the Wealthy\n49:32 | Chasing Money for Happiness\n\nQUOTES:\n\u201cMoney is the great facilitator. Money doesn\u2019t say anything about who you are as a person. It doesn\u2019t mean that you\u2019re good, it doesn\u2019t mean that you are bad.\u201d [0:32]\n\u201cLearn about money, master the game, so that you can play it very well.\u201d [12:40]\n\u201cMoney is not going to solve anything but money problems.\u201d [16:58]\n\u201cMost people live paycheck to paycheck, even people that are making six-figures live paycheck to paycheck.\u201d [17:56]\n\u201cIf you\u2019re not investing you\u2019re going to be getting eaten alive by inflation.\u201d [20:04]\n\u201cPeople are spending all of their money. Debt habit number one, you\u2019re spending all of your money on liabilities and not assets.\u201d [29:55]\n\u201cBe very thoughtful as you\u2019re exchanging time for money. Don\u2019t forget that you also want to be in a position where you can exchange skill set for money\u2026\u201d [34:37]\n\u201cPeople that get wealthy, [...] all they think about are solutions.\u201d [36:33]\n\u201cIf you turn to people for a handout all you\u2019ll ever get is what they\u2019re willing to put in your hand.\u201d [38:37]\n\u201cWealthy people that know how to use debt effectively, [...] they don\u2019t sell the asset, they borrow against the asset.\u201d [43:44]\n\nFollow Tom Bilyeu:\nWebsite: https://impacttheory.com/\nTwitter: https://twitter.com/TomBilyeu\nFacebook: https://www.facebook.com/tombilyeu\nInstagram: https://www.instagram.com/tombilyeu/\n\nAre You Ready for EXTRA Impact?\nIf you\u2019re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.\nWant to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.\xa0\nThis is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.\nSubscription Benefits:\n\nUnlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more\n\nNew episodes delivered ad-free\n\nExclusive access to Tom\u2019s AMAs, keynote speeches, and suggestions from his personal reading list\n\nYou\u2019ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:\n\n\nLegendary Mindset: Mindset & Self-Improvement\n\n\nMoney Mindset: Business & Finance\n\n\nRelationship Theory: Relationships\n\n\nHealth Theory: Mental & Physical Health\n\n\nPower Ups: Weekly Doses of Short Motivational Quotes\xa0\n\nSubscribe on Apple Podcasts: https://apple.co/3PCvJaz\nSubscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/\nLearn more about your ad choices. Visit megaphone.fm/adchoices