#015 - Money Mindset Pt 2

DESCRIPTION Welcome to the How To Raise Money Podcast! Money mindset. (Part 2) In part one Ray covered money mindset, how to save and if you are ready to handle large amounts of money, whether it’s yours or somebody else’s. Ray also explained, how not to self sabotage and why mindset when it comes to money is essential. Discover Ray’s Forced Accelerated Savings Technique and how to take the emotional side out of dealing with and saving money. In this episode of the How To Raise Money Podcast Ray discusses the purpose of managing money, the rule of three and the effects of compounding savings. Why IFA’s and QFA’s are not the answer and how your lack of knowledge and ignorance is affecting your money! Discover how to keep your money, grow it and invest it. Understand how Luck, Fortune and Chance affects your money and take control by stacking the odds in your favour. Start to change your money mindset and condition your mind by training your internal Reticular Activation System, coach your mind to raise money and create more wealth for yourself and your family. Find the the purpose for your monetary desire and discover what you want in life. Know your primary desire and gain clarity around money. Key Takeaways Your lack of knowledge and ignorance is affecting your money! Discover how to keep your money, grow it and invest it. Understand the rule of three for saving money and never risk more than 10% 6 Things To Understand About Luck Stop believing in luck and know that your simply lucky. Accept uncertainty as an essential part of your experience. Find ways to change the rules and win. Observe when you’ve been unlucky, analysis and change the outcome. When to leave things down to luck or chance Change your mindset. Don’t expect good luck and receive bad luck. The “Reticular Activation System” or “R.A.S.”, acts like a filter that picks out the pertinent information from the non-conscious mind and conveys it to the conscious mind. Life is a lot easier on us, when we are harder on ourselves. When you desire, and make a decision there is no doubt, and when there is no doubt, things will then conspire to help you. You must know, what it is you want and what it is you desire, before you can start to create wealth.  BEST MOMENTS “Take the emotions out of saving money” “If you learn to manage your money, more of it is likely to come your way. That’s the nature of the beast!” “Saving for compounding, is the 8th wonder of the world” Albert Einstein “Don’t reply on fortune or luck, stack the odds in your favour” “Desire is the starting point of all achievement” “Know your primary desire and gain clarity around money” VALUABLE RESOURCES The Skill Stack Podcast - Reducing your odds for success with Ray McLennan Think and grow rich: The secret to Wealth by Napoleon Hill ABOUT THE HOST Ray McLennan is a keynote public speaker and former corporate solicitor who has many years of experience owning and operating a variety of businesses in the UK and Ireland. Ray is the Regional Manager for Scotland & Ireland for Angels Den, which has over 13,500 high net worth Angel investors that help to find funding for property and SME businesses. Ray also helped to create Property Angels Den (PAD) in Sept 2014, which matches High Net Worth Investors with property proposals of all sizes. PAD now meets regularly and has funded dozens of property projects all over the UK.