
From The Trash Man To The Cash Man

Can Number One: “I Can Tithe” Can The first can is what I call your “I can tithe” can.
Myron Golden • From The Trash Man To The Cash Man
Another problem with television is that it promotes the philosophy that the main purpose of money is consumption (or buying things), but the truth is that the more important function of money is for creating wealth.
Myron Golden • From The Trash Man To The Cash Man
You want to make sure you start a business that is not a job. You want to start a business that is a system. The best way I know to do this is to start a product-oriented business instead of a service-oriented business.
Myron Golden • From The Trash Man To The Cash Man
Can Number Three: “I Can Educate Myself” Can The next can is your “I can educate myself” can. This is the can you use for personal development. Put 10% of your income in this can.
Myron Golden • From The Trash Man To The Cash Man
If you spend your money, that means your money doesn’t stay with you long enough to reproduce itself. It doesn’t stay with you long enough to produce fruit. It doesn’t stay with you long enough to have babies.
Myron Golden • From The Trash Man To The Cash Man
Let’s say that you are in a 30% tax bracket. That means that you have $70,000 net money coming in. You’re saving $50,000 which means you are living off of $20,000 a year. It would still take you 20 years to become a cash millionaire.
Myron Golden • From The Trash Man To The Cash Man
You may be thinking money doesn’t grow on trees. You’re right, but if money did grow on trees, it would grow on money trees. Where else would money grow? Now I am speaking here figuratively. Money, if it is planted (invested), can grow more money.
Myron Golden • From The Trash Man To The Cash Man
S.M.S. means to "Sow Money Seeds". This is investing in things like stocks, oil wells, gold mines, tax lien certificates, etc. This is where your money is making money for you. This is also where the richest people in the world live.
Myron Golden • From The Trash Man To The Cash Man
Can Number Five: “I Can Have Fun” Can The fifth can is one of my favorites. It’s your “I can have fun” can. This can has a stipulation on it: you have to spend all of the money in your “I can have fun” can every month. This is the money that you blow every month on yourself doing something that you think is fun.