Cures for a Lean Purse and Meet the Goddess of Good Luck

The Secret To Success with Antonio T Smith Jr

Episode Summary

In this episode, we explore the timeless wisdom of "The Richest Man in Babylon," focusing on the seven cures for a lean purse and how to invite good luck into your financial journey. Discover practical steps and mindset shifts to boost your earning potential and secure your financial future.

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Introduction

· Chapter Overview:

o Discussion on the seven cures for a lean purse and the concept of good luck.

o Emphasis on the importance of increasing one's ability to earn.

Astrological Significance

· Thursday Significance:

o Mention of the astrological and astronomical significance of Thursday.

o Thursday is a powerful day for starting new ventures.

Key Lessons

· Increase Ability to Earn:

o The main theme is to focus on increasing the ability to earn rather than merely fixing debt or money problems.

o Emphasis on the mindset shift towards earning more.

· Law of Compensation:

o Money is earned in direct proportion to the need for what you do, your ability to do it, and the difficulty in replacing you.

Seven Cures for a Lean Purse

1. Start Thy Purse to Fattening:

o Save at least 10% of what you earn for future investment.

2. Control Thy Expenditures:

o Live within your means and avoid unnecessary spending.

3. Make Thy Gold Multiply:

o Invest savings to generate additional income.

4. Guard Thy Treasures from Loss:

o Ensure investments are safe and secure.

5. Make of Thy Dwelling a Profitable Investment:

o Own your home and ensure it increases in value.

6. Insure a Future Income:

o Invest in insurance and other means to secure future income.

7. Increase Thy Ability to Earn:

o Continuously improve skills and knowledge to increase earning potential.

Practical Advice

·

Debt Management:

·

o Focus on earning more rather than solely on paying off debt.

o Use earnings to strategically reduce debt.

·

Receiving and Charging Full Price:

·

o Be open to receiving financial gifts and opportunities.

o Charge the full price for services to value your work appropriately.

Mindset and Philosophy

·

Righteousness and Poverty:

·

o Misconceptions about humility leading to poverty.

o Good people often struggle with money due to negative associations with wealth.

·

Heart Issues and Finances:

·

o Financial issues are often linked to heart and integrity issues.

o A strong desire for wealth is essential for financial success.

Personal Reflections and Testimonials

·

Anecdotes:

·

o Personal stories of overcoming financial struggles.

o Examples of changing mindsets towards money.

·

Community Support:

o Shoutouts to community members achieving financial milestones.

o Encouragement to learn from each other’s experiences.

Tools and Resources

· Mint App:

o Recommended for tracking expenses and budgeting.

o Helps manage finances effectively by categorizing spending.

Conclusion

· Receiving Mode:

o Adopt a mindset open to receiving blessings and opportunities.

o Actively work towards financial goals with the right attitude and tools.

Summary

· Overall Message:

o Financial success is deeply connected to mindset and openness to receiving.

o Practical steps and a strong desire for wealth are key to overcoming financial challenges.

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