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The First Law of Seven Laws of Money - Just Do It! Self-Discipline Challenge

Jul 23rd 2010 at 4:09 PM

[ The following law(-s) were published in 1977 in 'Seven laws of Money' by Mike Phillips. Mike, a Bank of America banker, was instrumental in developing Master Charge. ]

Though, the content of this specific article is a derivative of his work. The following credit is formally addressed to Ryan Whiteside and linked to: Here you will find the key to great money and wealth. Fallure to learn these laws will sure lead you to a life of financial misfortune. [Those are his words.] My assessment of his statement has a similar content in value. Even as a Strict "Protocol" and Discipline in action.   

The 7 Laws Of Money And Wealth   

 [ The First Law of the Seven Laws of Money, states Clearly... the Need for Self-Examination! ]



Preamble:    This article ony deals with the First Law...                        

                                 THE FIRST LAW— DO IT!

Money and wealth is something that anyone can acquire in their lifetime. It only takes the knowledge and understanding of a few simple laws in which it is obtained.

Here, on this page, are those laws. Anyone seeking great wealth should learn these laws and start applying them in their daily lives. While these laws are simple to learn, it takes great discipline to apply them. Many people who have desired wealth have fallen short because they have failed to follow one or more of these seven laws.

Do not let such a thing happen to you! Start your journey towards wealth by following these powerful laws. For they are short in words, but long on wisdom…

                                      Law #1: The Starting Point Of Riches

The first law is very simple. It may even seem like common sense to you. However, don’t let it’s simplicity fool you. If you fail to follow this simple law, then quite frankly, there is no need to read the rest of this page. You will likely fail on your quest towards riches. [ Even coming close to  achieving your set level of accomplishment(-s). ]

You see, the amount of money that one earns is a poor indicator of how wealthy they are. Instead, it’s what one does with their money, and how much they save that really matters. With that being said, here is the first law of building extraordinary wealth…

For all of the money that you earn, first put aside 10% to pay to yourself.

It’s amazing how we forget to do this as we go about life. We pay everyone else, the bank, the government, the landlord. We pay all of these people before we ever pay ourselves. Don’t let this happen to you anymore. Pay 10% to yourself for yours to keep. Then do everything you can to live off of the rest and pay those that you need to. [ Count this 10% as Non-spendable Principle = to an ever-enforceable "Protocol"! Similar, to the term of the 19th and early 20th century, "Old Money"! ]

Just think about how much money you would have right now if you applied this law for your entire life. I would imagine that you would have far more wealth than what you do right now. Don’t let that depress you. Simply let this realization excite you for how much potential this law will have towards your future. [ Your Challenge into Changing your old thought process, for ever! ]

Here’s the amazing thing about saving 10% of everything that you earn. You won’t notice any difference from before as you go about your day! Your spending will seem to be about the same that it was for. However, because you paid yourself first, you will have started your journey towards great fortunes and financial success!

[ Money will come when you are doing the right thing. Focus on the passion rather than the money. Worry about your ability to do it and your competence to do it, but certainly do not worry about the money. There will always be obstacles. It is the energy generated by the commitment to an idea that propels a project toward success. Do not integrate your own need to make a living with the needs of a project. My two-cents: < This will be your greater pressing challenge in this Law... > ] 

[ An Extra Special Access to a Gargantuan Source of knowledge and understanding of the Personal Self-Discipline and Protocol to make, pay, and save yourself into this New thought process. Upon receipt of your purchase order, I Highly recommend that you Initially listen to the Fourth CD Prior to starting from the beginning.  -  Review my article:  and my IM faceplate in the 'Interest' sector for more  details and the Special Season's Saver! Or Just press here now: ]

                               The End of Law #1: The Starting Point Of Riches

Please to comment
Sep 28th 2013 at 11:54 AM by angelachavez
I agree with this article, when you take action and start living as though your dream has already happened!

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