15 RULES OF MONEY

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In this insightful video, I will discuss the 15 fundamental rules of money, sharing invaluable lessons drawn from decades of experience as a tax attorney and successful entrepreneur.

I begin by introducing the concept of "locus of control," which is the belief that you can influence your financial destiny. This is a key differentiator between the wealthy and those who struggle.

Another important concept discussed is the Rule of 72, a simple yet powerful formula that helps investors understand how quickly their investments can double based on interest rates, highlighting the magic of compound interest.

Best of luck with your investing, and be sure to hit the like button if you enjoyed the video.

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Show Notes:
0:00 Intro
1:45 Locus of Control
2:48 Rule of 72
4:39 70/30 Rule
7:29 30/30/30/10 Rule
10:40 Time vs Timing
13:18 Debt vs Leverage
16:39 Assets vs Liabilities
19:41 Tax Tell
22:53 5% Rule
26:28 Seeds/Seasons
28:44 4 Types of Wealth
32:15 Money Magnifies
34:18 Student
36:23 Your Money Is Your Army
38:05 Money Vs Wealth
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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