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New Rules for Lasting Wealth

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The document outlines 8 new rules of money in the information age: 1. Money is now knowledge - financial education is more important than saving and avoiding risk. 2. Learn about good and …

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  • NEW RULE #3: Learn to Control Cash Flow
  • NEW RULE #2: Learn How to Use Debt
  • NEW RULE #1: Money is Knowledge
  • NEW RULE #4: Prepare for Bad Times and You Will Only Know Good Times
  • NEW RULE #5: The Rich Invest in Time and Money
  • NEW RULE #6: Learn the Language of Money
  • NEW RULE #7: Life Is a Team Sport
  • NEW RULE #8: Since Money Is Becoming Worthless and Less, Learn to Print Your Own

NEW RULES OF MONEY

NEW RULE #1: Money is Knowledge

Today, in the Information Age, many people are perishing financially because they follow the old
rules such as save money and get out of debt. Or they believe investing is risky, when it is the lack of
financial education, experience, and bad financial advisors that is much more risky. Today, you can
make money without money. You can also lose your life savings in a blink of an eye. That is what I
mean when I say money is knowledge.

NEW RULE #2: Learn How to Use Debt

There is good debt and bad debt. It is wise to pay off your bad debt or not get into bad debt to begin
with. Simply said, bad debt takes money out of your pocket, and good debt puts money into your
pocket. A credit card is bad debt because people use credit to buy depreciating items like big-screen
televisions. A loan for an investment property that you rent out is good debt if the asset’s cash flow
covers the debt payment and puts money in your pocket.

NEW RULE #3: Learn to Control Cash Flow

If you want to be financially secure and possibly rich, you will need to know how to control your
personal cash flow as well as monitor the global flow of jobs, people, and money. The question is,
Where is the money flowing? You want to know where it is moving to, not from. So, observe these
three things. The flow of jobs determines the strength of the economy. The flow of people
determines the potential for growth. The flow of cash determines the strength of the investment.

NEW RULE #4: Prepare for Bad Times and You Will Only Know Good Times

You must always be prepared for bad times no matter how good the economy seems to be. By
gaining passive income instead of earned income, and portfolio income that loses more value due to
inflation, taxation, depreciation, etc., there is no need to worry about the economy going down.
Going for cash flow and managing it well so that it flows consistently is vital to withstand the
downturn. Other than that, hedging investments will also be a wise move. For e.g. using options to
hedge stocks, and buying commodities like gold and silver with surplus cash instead of depositing
into a savings account.

NEW RULE #5: The Need for Speed

Money has evolved from barter to digital money i.e. money at the speed of light. Thus, the faster a
person can transact business, the more money he or she will make. It is faster to grow wealth
exponentially than linearly. A well-positioned person can transact business 24/7. Rather than
making money by the month, people can make money by the second. One way may be through web
marketing instead of physical marketing.

NEW RULE #6: Learn the Language of Money


When you learn the language of money, you learn the language of the conspiracy. By investing a
little time every day to learn the words of money, you have a better chance of being a part of the 10
percent – the vital few. More important, by learning the words of money, you will lessen your
chances of being fooled by the false prophets of money – the same false prophets who advise you to
save money, buy a house, get out of debt, and invest for the long term in a well-diversified portfolio
of mutual funds.

NEW RULE #7: Life Is a Team Sport. Choose Your Team Carefully

This is related to the B-I Triangle which states the eight integrities needed in a person’s life. In
order, it starts with Mission, Team, Leader, Product, Legal, Systems, Communications, and Cash
flow. You must always aim for something. When one mission is accomplished, you must set foot for
another. Business and investing is team sport. It is not cheating to gather a team of experts –
lawyers, accountants, etc. – to achieve your goals. To be a good leader, you have to keep learning
and keep accepting feedback from your team – even if it’s not a feedback you like. At first, it is
better to learn to be a team member before becoming a leader. A product as contrary to most failing
businesses is really the least important element. However, it is the vehicle for incoming cash flow
hence has to be in line with the person’s mission to be attractive.

NEW RULE #8: Since Money Is Becoming Worth-less and Less, Learn to Print Your Own

This relates back to rule number 1: money is knowledge. A person with financial education has an
unfair advantage over those with a traditional education. Start learning how to print your own
money by creating derivatives – weapons of mass creations – which is used by the conspirator as
weapons of mass destructions. Instead of thinking on getting more jobs or working harder to
increase income, or cutting down on expenses and live within your means, you should be actually
expanding your means. This can be done by accumulating more assets i.e. assets that provide cash
flows. By creating derivatives out of these assets, cash flows will keep flowing and you do not need
to worry about not having an earned income. However, investing in assets require knowledge and
thus has to be properly learnt and not randomly picked. Otherwise, it is gambling and not investing.
So, start off by learning one type of assets and create derivatives out of it.

Common questions

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The concept of 'speed' highlights the shift towards digital and instantaneous transactions which allow for rapid wealth accumulation. Instead of earning monthly, individuals can now earn continuously by leveraging tools like web marketing and digital platforms, allowing business transactions to occur 24/7. This speed of transaction gives a compounding advantage in generating wealth more quickly .

Forming a team can significantly influence success as business and investing are seen as team sports. A diverse team encompassing legal, financial, and operational experts can provide comprehensive expertise and feedback. This structure supports the B-I Triangle's principles and facilitates achieving goals more efficiently. Learning to be a team player before leading can also build essential experience .

Controlling cash flow is essential for financial stability because it enables individuals to predict and manage their finances proactively, securing income even during economic downturns. By understanding global flows of jobs, people, and money, one can anticipate economic shifts and adapt strategies. This knowledge allows for sustained cash flow which aids in withstanding tough financial periods and profiting from favorable ones .

People can 'print their own money' by leveraging financial knowledge to create derivatives from assets that generate cash flow. This involves expanding one's means rather than cutting expenses, essentially accumulating and managing assets to continuously generate income. This approach provides a buffer against economic shifts since it focuses on generating passive income streams rather than relying on earned income .

Individuals can prepare by gaining passive income sources, ensuring they have a continuous cash flow that is less affected by economic downturns. Additionally, hedging investments, such as using options and investing in commodities like gold and silver, can serve as protection against inflation and economic instability. This preparation ensures that one is economically insulated from bad times .

Good debt is characterized by investments that generate cash flow, such as investment property loans where rental income covers the debt payments. These types of debt can potentially increase one's wealth. In contrast, bad debt involves purchasing depreciating items like consumer electronics, which do not generate income and reduce overall financial health .

Learning the language of money is crucial because it empowers individuals to comprehend financial systems and avoid misinformation by those who offer outdated or adverse financial advice. Understanding money's medical c ture reduces susceptibility to misleading advice that emphasizes saving, debt aversion, or reliant investments in mutual funds. This knowledge helps one to discern beneficial strategies .

In the Information Age, financial success is more dependent on one's knowledge and understanding of money rather than traditional practices like saving or avoiding debt. Lack of financial education and poor financial advice pose greater risks than investing itself. Knowledge enables individuals to generate wealth without necessarily having money, and conversely, ignorance can result in losing one's savings suddenly .

Investing in commodities such as gold and silver acts as a hedge against inflation and economic instability. These assets tend to retain value over time, thus providing financial security and preserving wealth, especially during market fluctuations. As part of a diversified portfolio, they can reduce risk and stabilize long-term financial strategies by counteracting depreciation in other asset classes .

The mission component of the B-I Triangle provides a foundational purpose that guides all financial endeavors and decision-making. It ensures that products and services align with personal goals, directing cash flow in a manner that supports growth and sustainability. A clear mission helps prioritize and focus efforts on long-term objectives, thereby supporting financial success .

NEW RULES OF MONEY NEW RULE #1: Money is Knowledge Today, in the Information Age, many people are perishing financially beca
When you learn the language of money, you learn the language of the conspiracy. By investing a little time every day to lear

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