Get Financial Beliefs That Serve You! Quick Money Mondays

Published: Feb. 10, 2019, 8 p.m.

b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/get-financial-beliefs-that-serve-you-quick-money-mondays\\\\/#arve-youtube-hbhjdynx77m659a0b2c6dbd8694316407","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/hBhjDynX77M?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nIn today\'s episode of Quick Money Mondays we are talking about getting financial beliefs that serve you and help you achieve financial freedom.\\n\\n0:00 - Our beliefs shape us\\n1:20 - An example from Robert Kiyosaki\\n4:18 - Are your beliefs useful?\\n\\nRecommended Videos:\\nSaving Money vs Making Money - https://www.youtube.com/watch?v=NFXMGtscAyo\\nTranscription:\\nHi everyone and welcome back to another episode of Quick Money Mondays where we talk about interesting money, concepts and weeds, flora together to try and challenge your mind and open up the possibilities for what you can do financially in your life. Hi, I\'m Ryan from on-property dot com dot a u helping you achieve financial freedom. They\'ve got a really interesting and bizarre one today. Actually can\'t remember where I got this idea from, but it definitely happened in the last week in either came from a podcast, a youtube video or an audio book that I was listening to actually know. It was a youtube video and it was this idea of your belief system and how you can change any belief in your life. That\'s kind of cool, but the concept that I want to talk about today is this idea that rather than asking yourself, is this belief that I have true?\\n\\nAsk Yourself, is this belief that I have useful to my life? Because often you know the saying if you think you can, if you think you can\'t, you\'re probably right. Often we have belief systems that if we change them, even if they\'re not actually true, we\'ll probably make our life better. So I\'m going to give an example of this from. Again, we\'re going to pull from Robert Kiyosaki because one night, and that\'s this idea of what is an asset. So is this belief true? Would be an asset is anything of value. Basically if you look in the Oxford dictionary, it\'s going to set. Let\'s do it. Let\'s look in the Oxford dictionary. Okay, so an asset according to Oxford is a useful or valuable thing of person and it\'s usually used to talk about an item of property owned by a person or company regarded as having value and available to meet debts, commitments, all legacy.\\n\\nSo assets are things that seem to have value. But Robert Kiyosaki, he redefines assets and he says that assets are things that produce income or pay you and liabilities are things that costs you money. And so rather than looking at the world as in an asset has value and a liability is a debt. Look at things in terms of their cashflow. Only because that\'s going to help you move towards financial freedom and faster so the way Robert Kiyosaki defines an asset and this belief of what an asset is isn\'t technically true. So Robert Kiyosaki, you got into a lot of flack because he said your house is not an asset, whereas technically your house is an asset because it\'s a thing of value. People in society, value houses so you could sell it if you want it to, so technically it is an asset, but Robert Kiyosaki, you wanted to change the conversation rather than looking at value and things holding net worth, he wanted to change the focus to the cashflow situation to get you to start earning passive income and to achieve financial freedom.\\n\\nSo in that aspect, redefining asset in a way that\'s actually false. Redefining your belief to a more useful belief is actually going to give you a better life. So by relooking at things than and saying an asset is something that produces income. Then you can see that your house isn\'t an asset because it still costs you money. Even if you fully paid it off,'