MONEY Master the Game: 7 Simple Steps to Financial Freedom

Where you need to be focused is where you’re losing money, and that’s actually when people generally don’t want to look:

• Make sure that wherever possible, you invest in a way that allows you to defer your taxes (401[k], IRA, annuity, defined benefit plan) so that you compound tax free and pay tax only at the time you sell the investment. Or set up a future tax-free environment by growing your investments in a Roth.

The point of living is to believe the best is yet to come.

Because what’s obvious is obviously wrong.

“Three to Thrive”: three things that I want to accomplish. I envision them as if they were already achieved and feel a sense of celebration and gratitude for them. Priming is an important gift to yourself—if you did it for ten days, you’d be hooked.

“A lot of brilliant people are terrible investors. The reason is that they don’t have the ability to make decisions with limited information. By the time you get all the information, everyone else knows it, and you no longer have the edge.

minds

Go out and screw up! You’re going to anyway, so you might as well enjoy the process.

problems are just speed bumps on the road to your dreams.