84 | What is Your Money Mindset?
===
[00:00:00] Hey friends. Welcome back to the call to lead podcast. So in today's episode, we're going to be continuing the topic of money, because I think this is something that does not get talked about enough. Especially in the business of network marketing, because if you are choosing this as a side hustle or maybe, or like me, and this is your primary income, you need to make sure that you are being a good steward of the money that's coming in the money that's going out. And I'm going to be honest that your mindset is a huge piece of that.
~So, ~if you listen to last week's episode with Jessica Peterson, ~you know, ~that the mindset is something that can totally make or break your financial situation. And so definitely go back and listen to that if you want her framework or her breakdown, but in today's episode, I am going to be sharing ~kind of ~a crazy story.
Actually, that was like the timing I know was from the Lord, because it was spending a weekend at Myrtle beach, specifically at the Broadway on the beach and how there's this fun little carnival thing and how that ties [00:01:00] into one. One of the best books that I have read lately, which is called simple money, rich life.
Bye Bob and Linda Ladakh from the seed time podcast. And which I am hoping and praying that they will come on the podcast very soon to talk more about this, but it's just ~kind of ~crazy the way the Lord's timing worked for me to be able. To share today's episode. With you which is going to be diving a little bit deeper into the mindset of money and kind of doing a little mindset money quiz and ~kind of ~putting yourself like ~which ~which are you a or b And then also it's going to be super scripture packed So whether or not you are a believer like me trust me that some of the most amazing wisdom and knowledge especially when it comes to money come straight from the word from the bible And so what i'm going to be doing is not sharing My opinion or my thoughts on the different mindsets of. Around money that you might have but i'm going to literally be sharing some Scripture of What the bible what god says about money so buckle up this is going to be a good episode that i think and hope and pray will make a difference in [00:02:00] your life
Okay. So as we dive into today's episode, I want to ask you a couple questions. [00:03:00] Have you ever gotten down to the very last bit of your bank account days before? Your payroll paycheck comes in. I have been there, done that. I shared that in an episode, a couple. ~Uh, ~episodes back where I was sharing my exact money break down. And I'm going to go into that a little bit more, or have you ever made a super impulsive purchase with, ~you know, ~based on the money that you'd ~like ~hoped to make or that you plan to make, but.
The money actually, wasn't in your pocket book. Or in your bank account, if you will, or have you ever felt guilty about actually making money in your business? Maybe you feel like making money as a bad thing or evil, right? So all of these are mindsets that. Everyone's going to have a different thought around a different opinion around, and your mindset can absolutely impact the way that you make money for yourself, the way that you spend money for yourself.
And as I mentioned in the intro, one of the best books that I've read around the topic of money is one called simple money, rich life that I will [00:04:00] drop in the description by Bob and Linda Ladakh. I first heard of them on the, she works his way podcast when summer. I believe it was just summer, but summer Phoebus interviewed.
~Uh, ~Bob and Linda on there and it was just, it was so good. And so I've been watching them, I've been getting their emails. And then finally, one day I bought the book and I think the timing was honestly perfect because as I mentioned on the very first money episode in the series, I have been thinking and praying about sharing my money story for a long time.
And I've honestly made up some stories myself about my money mindset and my identity when it comes to money. And so I honestly think the Lord was ~kind of ~using some of the stories that I'm gonna share with you today as a little bit of a test, because the Bible is very clear that to who much is given much is required.
That is from Luke 1248. And I honestly think that's exactly ~kind of ~what was happening in this is the Lord's ~like, ~are you sure you're going to talk about money and are you sure you are ready to fully teach and equip those who are listening, which is all of you. With this N [00:05:00] I think the answer to this is yes, I'm ready. And I hope I pass the test because the test that I'm talking about was last weekend, we went to Myrtle beach. My daughter has been playing on a club lacrosse.
Team, which has been so fun and such a blessing. But if you or your kids have ever done something like that, whether it's all star cheer or maybe travel baseball, something along those lines, You guys. It is so expensive. And even though my husband and I have put together an incredible money plan to tell our money where to go. And we have it bucketed down from everything to our family, to my business expenses, to even the Heather fund money account, which I talked about as being my favorite.
We have budgets allocated for that. And when we make a decision, for example, to join a sport like that, and we don't take the time to allocate the money for it. Guess what happens exactly what I shared with you guys. We were headed into this about the time that I'm listening to this book on audible.
We're headed into this weekend. And I check out my bank account by family think account, and I'm like, Wait a minute.[00:06:00] We don't have enough money to pay for the hotel, let alone like any shopping money or like eating out dinner, anything like we were, you guys were literally down, I think at that point, like under a couple hundred dollars, something along those lines. And I was like doing the math in my head. I'm like, this is not going to cut it.
And so mind you, this isn't our family account. ~Right. ~And if you listen to my exact money breakdown from a couple of,~ uh,~ episodes back, ~you know, ~that thank the Lord. We have lots of other accounts where we could pull in transfer from. From, so that's what I did. I wound up pulling from my Heather fund money, which again,
I have told you guys I'm a spender. So even that account was like, okay. I get paid on the first and the 15th. And this was like a few days before the 15th. So I was like, all right, I'm going to use that. And same thing. This was a few days before, even my business account. ~Um, was, ~was going to get my bump from ~the, ~the business side of it. So I went into this weekend and I was like, okay, so this is what it feels like to live paycheck to paycheck. And on top of that, one of the things that we decided to do when we booked the hotel,
~Uh, ~which was just like, it [00:07:00] wasn't even a fancy hotel. It was just a courtyard by Marriott. I think it was, but we specifically picked it because it was near the Broadway at the beach, big shopping kind of carnival area that my daughter had been to last summer. And she was like, mommy, can we please stay at, stay there, stay near there.
~Um, ~you are really gonna love it. It's so much fun. And I was like, okay, sure. So we go, we get there. And in the book that I literally was listening to the day before, simple money, rich life, they talked about the money that we're given here on earth, which if you, again, listen to my exact money breakdown, ~you know, ~
That I believe that everything that we're given is essentially on loan. We from the Lord. So we are stewards of everything that we are given. ~Right. ~And so in this book, he used the analogy of tickets at a carnival or tickets at a fair. And so I could not believe it when we stroll up into the Broadway at the beach and sure enough, there's a carnival and both of my daughters are like, oh my gosh, I want to go on the crazy.
~You know, ~big thing and my, ~you know, ~the [00:08:00] thing that goes like this, that you're terrifying. I don't know why I lost, I would want to do that, but she loves that kind of stuff. She's my thrill seeker. And then my younger one's ~like, ~oh my gosh, can we please go on the Ferris wheel? And can I go on that slide and all these little fun things?
And of course, ~you know, ~this is part of a vacation. This is one of those things that. Those memories that you have on I'm sure you're like me, that you can remember times where you traveled somewhere like that with your family and you can, and those memories are priceless. ~Right. ~But they cost money.
And so what they talk about in the book is in order to usually if you're going to a fair or a carnival or something like that, you have to buy tickets in order to ride it. ~Well, ~guess what? The minute that you leave that carnival, those tickets are what they're worthless. And honestly, that's pretty much exactly like ~our, ~our money here on earth.
~Right. ~We never know. ~You know, ~heaven forbid we, none of us are promised tomorrow. Every single one of us listening our lives at some point will be over and everything that we have will not be able to be, go with us. We can't take with us right now. You can, of course build, ~you know, ~build up,~ uh,~ a nest egg or a legacy for your [00:09:00] children or your grandchildren, but even that can sometimes kind of create some problems, but you definitely cannot take it with you, ~right. ~
And so in this. ~Uh, ~book, it talks about the analogy of, okay. Like you want to be able to use those tickets really well. ~Right? Like ~if you're buying,~ like,~ I think we just bought maybe 35 tickets, something like that. And so we were literally budgeting out,~ like,~ okay, if we ride the Ferris wheel, that's going to be 12 tickets.
If we do this one, that's going to be four. Okay, Mary, you, and I can ride that one together. That's going to be six. And you essentially plan it down to the dollar. ~Right. ~Because you don't want there to be $5 left on that. ~Um, ~and another thing is he talks about ~like, ~imagine if. If, just ~like, you know, ~here on earth when you're given money or you're given these tickets.
The more you give away, the more fun you have. So if you happen to have an abundance of these fare tickets or ones that you're not going to use,~ Um,~ or, ~you know, ~if we ~had ~had some leftover at the end of ~this, ~this trip, how much fun would it have been to be able to give away those tickets? ~Right. ~And so when it comes to things like being smart with spending your money or your tickets to the [00:10:00] carnival,
Or, ~you know, ~being able to afford the tickets in the first place. ~Right. ~Being able to ~kind of ~do the math to track it. ~Um, ~dreaming about things like riding that Ferris fill, right? ~Like ~all of these things play into the mindset of our money. So I share that story. As I know, the timing for me was just super relevant as I was preparing prayerfully to put together ~this, ~this podcast series with you guys. And so I'll ~kind of, ~I'll dive in a little bit deeper as I go through these, but basically I'm going to be sharing.
A couple of five different kind of money mindsets that you likely fit into one or the other. And again, it's, instead of me giving you my opinion or my advice, I'm going to tell you what the word says about that. So we're going to start with the first money mindset. And this is something that Dave Ramsey talks about a lot in his financial peace university classes. And it's something that I know my husband and I talk about a lot, and that is the spender.
Versus saver mindset. So the spender mindset and that's [00:11:00] me totally raising my hand. That's also my 14 year old daughter. We're the type that if the money's there. We're going to spend it right. Or we've got the money spent in our mind before it even comes in. Or if you give us those tickets to the carnival, guess what ~we we're, ~we're gonna use ~every, ~every bit of it. ~Right. ~
And the saver is someone who has a hard time kind of letting the money go. So that's definitely my husband. We actually just decided we had been, ~you know, ~trying to decide whether to replace our aging roof. And then we actually had a hailstorm where we decided to submit a claim. We actually got a.
~Uh, ~we got the claim approved and we decided to upgrade from our shingle roof to a metal roof, which is a dream that I have always wanted. So of course I was really excited. We have the money sitting there. So guess what guess who wants to spend it right. But my husband was like, oh my gosh, this. I can't. We just have a shingle roof.
~You know, ~let's just hang on to this money, cause we're going to need it for something. ~Right. ~And so I guarantee if you're married, one of the, two of you guys are the splendor and the saber. And again,~ my,~ my other daughter, I have two daughters. My oldest is totally the [00:12:00] spender.
And my youngest is totally the saber. So which one are you, do you tend to be more the spender or do you tend to be more of the saver? So if you spend all you have, first of all, a little bit of advice or wisdom, I do recommend having a separate account to be able to track, like I was saying, my Heather fund money account. It's awesome. Because I know if the money's there, I can send it.
And if the money's not. Then I can't write. And I know that things like my giving or my saving or my business expenses or my family expenses are all going. Going to be, ~you know, ~taken care of essentially, but I have that account where I can ~kind of ~play. ~Right. Um, ~and ~so, you know, ~for me that is, has definitely been a huge blessing. And so Proverbs 2120 says in the house of the wise are stores of choice, food and oil.
But a foolish man, devours, everything. And ~so. ~When you are basically spending all of your money and you're not ~kind of ~taking it and putting it into buckets or worse, if you're accumulating debt, which when I had credit [00:13:00] cards, this was exactly my mindset. I've viewed something like available credit on a credit card.
As available cash. And again, if you're an optimist like me, sometimes that's because you're like, oh,~ well,~ I'll have a good month. I'll be able to make it back up this month. Or I'm just going to, ~you know, ~sell more of my product or I'll hit that new rank. And so you ~kind of ~justify it. You see what.
Feels like a need, but really it's probably just more like an impulsive desire and you spend money that wasn't ever yours to begin with. And of course there's no judgment for this, because that was me. I've been there, done that you guys okay. Which is why I still to this day, do not even have a credit card.
Not that I don't think credit cards can be a great resource. My husband totally does, but he pays them off every month and he is diligent. And so just, ~you know, kind of ~keep that in mind where you're doing it. Now if you're a saver and I know my sweet husband, like ~he, ~he, when we actually hit the accept button on getting the new expensive.
Metal roof, ~you know, he, ~he was like, thank you so much for putting up with me. And I'm like, honey, thank you for keeping me in line. That's all I have to say. ~So, you know, ~when you are a safe, a saver and especially if [00:14:00] you are making money in business, you need to be able to treat yourself. So don't hoard all that money.
That's not what it's meant to be. ~Um, ~and in fact, ~I mean, ~this is Matthew 6, 19 6 19 is the verse through 21 that I want to share, which is, do not lay up for yourselves, treasures on earth, where moth and rust destroy and where thieves. Thieves break in and steal, but lay up for yourselves, treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal for where your treasure is there. Your heart will be also. So if you are essentially hoarding all your money, what is it for? It's one thing, if you're saving up for something like replacing your roof or saving up for your kid's college fund or, ~you know, ~retirement, things like that.
But if you were just saving everything to hoard it out of fear, that can sometimes. Be an idol and you definitely want to be. ~You know, ~careful of that, but also again, in business, you want to be able to reward yourself little by little, along the way, even if it's just tucking aside, like 10% something [00:15:00] small, just to be able to reward yourself because sometimes that reward can be what motivates you to be able to continue doing the hard things.
So if rather you're a spender or a saver, hopefully that,~ um,~ that little wisdom from the word can inspire you on what to do. Okay, so the next one, this is another Dave Ramsey special and it's one of my favorites. Is, are you a nerd or are you a free spirit? So I'm totally a nerd. I'm the type that I love spreadsheets. You guys it's so fine. Or QuickBooks doing QuickBooks was so much fun for me when I had my business and now use an accounting software called wave it's wave apps. It's totally free. And it's definitely what I recommend for any entrepreneur.
Because again, it's free. You can even have multiple accounts on there. Cause I've talked to you guys about having multiple accounts for my business, my personal and my family. And you can track all of them on there. You can hook it up to your bank account and. And ~kind of ~tie everything in, but that allows me to get as nerdy as I want and I can [00:16:00] do budgets all I want. So the minute that I realized ~like, ~oh shoot, I don't think we have enough money in this account to go on this Myrtle beach trip. What do I do? ~Well, ~the first thing I was, I wanted to figure out is where's the bleeding coming from?
Why do we not have enough money in this bank account in order to make this trip? So busted out my trusty spreadsheet, my bank account. And I broke it all down. And I found that because we had spent the last few weekends traveling, we had ~like ~tripled our eating out budget. Again, we had hotel trips that weren't planned on there. Our gas budget was more than double.
And so I'm like, okay, this makes sense. And certain other things I think inflation ~has, ~has ~kind of, uh, you know, ~made rise a little bit naturally. And so if you haven't done your budget lately, you probably should, because some of the things have likely gone up. But it made perfect sense. And I was able to see exactly where it was. So by the time my husband and I got to Myrtle beach together,
I was able to be like, Hey honey, we don't have enough money in the bank account. You got that credit card. Which of course he's ~like, ~yep. I got you, honey. Thankfully, we obviously have the money to pay off, ~you know, ~the card. And like I said, I [00:17:00] transferred some of my Heather fund money to ~kind of ~cover the difference. But if I had not done taking the time to do the budget, or if I had not figured out like where the bleeding was lying,
~We, ~we really wouldn't. We really wouldn't know. We wouldn't know how to plan for the future. ~Right. ~So the free spirit you guys are like, that's my sweet sister-in-law that I'm getting ready to spend. A week at the beach, she is an artist. She is a creative spirit, but my goodness, if she had to be in charge of her budget and finances, and I know she'd be okay with me sharing this.
She probably couldn't do it because that's just not like numbers and budgets and spreadsheets and QuickBooks is just not her thing. So thankfully she has got both her husband and also two amazing women who were able to ~kind of ~help her keep all of that in line. So it's okay if you yourself are not a nerd and you're a free spirit and in network marketing, I always say to people because I have spreadsheets for days for my network marketing business, but is that required to be a top leader ~in, ~in your business, your company?
Absolutely not. I'm one of the very few, I think that, that do things like that. So you don't have to [00:18:00] be a nerd in order to do it. In fact, I think sometimes when you are a free spirit, that's operating a little bit more in faith and you're operating that, ~you know, ~the money's going to come in from somewhere and you'll be able to spend it.
But, ~you know, ~I do think that there is wisdom from the Lord for either of these. Okay. So if you are like me and you like to do budgets and yes, everybody needs one. Ecclesiastes 11 two says, divide your portion to seven or even to eight for you. Do not know what misfortune may occur on the earth.
So this can be taken a lot of different ways. Actually. No one time I read this as a way to even diversify your income. And I really loved that because I think that there are ways that you can. ~You know, kind of ~divide the ways that ~you're, ~you're getting in and come. But I also love that the supplies to that multiple bank account.
~Um, kind of, I guess, ~strategy that I learned about in profit first. Where, if you are dividing it up, ~kind of ~like the money system that Dave Ramsey talks about to. Into seven or eight different categories. You never know what's going to happen in one of those different areas and being able to prepare for that and ~kind of ~be a little nerdy about that.
I can be [00:19:00] really beneficial. Okay. So ~on the, ~on the,~ uh,~ the flip side, the free spirit. I can absolutely. You can beat the, ~you know, ~bring a joy and a light to your family. You're the fun ones, right? And the Lord does provide for the things that light us up. I believe that Psalm 37, 4 and five says delight yourself in the Lord and he will give you the desires of your heart.
So know that again, you can be a free spirit. You can totally live faith led, but maybe link up and partner with a nerd. Hopefully your husband, your spouse. Or maybe a great accountant. ~Uh, ~or an assistant that can ~kind of ~help you keep you in line. So are you a nerd or a free spirit? Okay, next step. Are you a dreamer or are you a realist?
So one of the things that they talk about in the simple money, rich life book that I absolutely love is instead of saying your net worth, which is your assets minus your liabilities, they actually call it your assets under management or a U M, which is essentially taking everything that you own. That is [00:20:00] basically you're being a steward of while you're here on this earth, whether that is investments, accounts, maybe it's a 401k from your job or a previous job.
Job, whether that's the value of your home, you can check something like Zillow to check it out. ~Um, ~your cars, your, even if you have things like, ~you know, ~I've got my little fancy Cardiay watch things that, that actually have value that you could sell tomorrow. If you need it to being able to put those on a spreadsheet will give you an accurate picture of, again, what's in your realm of responsibility and it might be more, or it might be less than what you're thinking, because you're going to want to subtract out any of the things that you owe.
So if you've got a big car payment, or if you have a mortgage, of course, most people do on their homes. You're going to want to subtract that out. Or if you've got a lot of credit card debt or student loan debt really ~kind of ~get a picture of what it looks like because in network marketing in particular, it's easy to dream big. And honestly, I think some of the people who dream the biggest.
Can sometimes do the best, but I also know from my own personal [00:21:00] experience that the dreamer tends to spend the money before you get it, at least in your mind, but sometimes literally spend the money before you get it. So a lot of times what this looks like is people will plan on their best month, right? Like they have that one six figure month through that one time they made a thousand dollars.
And I talked about this in my exact money breakdown, a couple episodes back that instead of planning on your best months. Or looking at like your highest income or worse, an income that you haven't even hit yet, a goal, or, ~you know, ~maybe you've looked at your income disclosure statement and you're like, okay, I'm going to hit this rank by the end of the month or the end of the year. And then I'm going to be making X, Y, Z.
So then I can afford to buy this car or I can. ~You know, ~afford whatever this is, right? ~Like if you, ~if you do that and you're a dreamer, you can set yourself up for financial failure. And a lot of times those dreams aren't necessarily grounded and what the Lord is really ready to give you right this minute. Okay. ~So, ~James, I love the book of James and James four, two, and three says you do not have, because you do not ask.
You [00:22:00] ask and you do not receive because you ask wrongly to spend it on your passions. So we've already talked about that. If you delight yourself in the Lord, that he'll give you the desires of your heart. And if you ask him in due time, in his timing, not in your timing, he often will give you those trainings. Like my,~ um, you know, ~metal roof that I've always wanted. ~Right. ~
But if you are getting your money and you're wrongly spending it, or if you're not going to be, ~you know, ~it's been a good steward essentially, of what you've already been given. How can you expect him to give you more? Or how can you expect the Lord to. ~You know, ~basically entrust you with an abundance beyond that. Okay. So just keep that in mind that a dreamer could be a good thing. ~Um, ~I know that because I am one.
And it has definitely served me well, but it's also hurt me in certain cases because it can be really tempting to spend beyond what you're actually making. ~Uh, ~or if you're not, again, planning for things like taxes or planning for,~ um, you know, ~the unforeseen. Again, as an optimist, that can ~kind of ~be a little bit tricky. Now on the [00:23:00] flip side is the realist. ~So, ~and I put the,~ uh,~ I called it the realist. I was trying to think of ~like, ~if there was another word, but I think realist is good.
But they have a hard time seeing what's possible because they're ~kind of ~focused in the reality of what's what they're experiencing right then. So their current reality, ~right. ~So sometimes, like that might look like 10 days into the month and looking at your paycheck or your team sales. And you're like, oh gosh, this is not good.
I think I've told this story before on this podcast, but I had a suite leader one time that was like, gosh, my, everything, my income and my sales ~are, ~are so down this month, what's going on. I had such a great month last month and I ~kind of ~did the math in my head. And I was like, I don't know ~that ~that's actually true.
And so we did the math. We took where she was about 10 days into the month. We divided it by 10 days. And that gave us our average of the, each of the days in that month, so far and say there were 30 days and that month we multiplied that daily average by 30. And actually when she looked at the numbers, she was training to be about 20% [00:24:00] up for the month before, but she was looking at what that number actually said on the 10th of the month.
And she was focused on not only the reality of what was there, but the. The more negative side of it. So I always recommend,~ like, you know, ~you do want to be grounded in reality. Absolutely. But is it really reality? So do the math. ~Um, ~what you're actually on track to do and do measure that you can compare it to the last month. You can compare it to the last year.
And, ~you know, ~don't make up stories about, ~you know, ~whether it is a good thing or a bad thing. I know that no business, there's not a single one out there. That's always going to do this. There's going to be cycles. There's going to be months. There's going to be economic factors that you have no control over. And so being a realist can be a good thing, but just make sure that it's totally actually based in reality, when you're talking about ~your, ~your income or your, what you've got going on.
Okay. ~So, ~and Ephesians three 20 says now to him who is able to do immeasurably more than all we ask or imagine according to his power that is [00:25:00] at. Work within us. So if you have given your life to Christ, you have been given the gift of the holy spirit, and I've already talked about on this podcast that he will give you everything you need. He's going to give you every idea. He's gonna give you every person that little whisper in your heart to reach out to someone, just to check on them.
Maybe it's a team you haven't talked to in awhile. And he's going to give you every bit of money that you need to provide your needs. And sometimes when you're a good steward, he will give you more and he'll give you an abundance. So that immeasurably more sometimes for the realist can be a little bit hard to picture that you could even make more than what you're doing right now. But if you continue to do the right thing with the money and you handle it well, and you are generous and you're saving and you're being a good steward, watch what he can do, because it can be ~really, ~really amazing.
Okay, so the next one is, are you in the mindset that money is evil? Or are you in the mindset that money is everything. So you've probably seen this from either yourself or on your team, where [00:26:00] there are some people that are like, give me all the money, honey. ~Like, ~I want to make as much money as I can. And I'm not shy about that.
And, ~you know, ~they've got big goals for days and ~you know, ~they like for them, like the whole purpose of doing their business, it's all about the money. ~Right. ~And then there are some people that look at making money as being an evil thing, or it's making it's maybe like they feel guilty about making money.
And a lot of times the money is evil. Camp is coming from a misunderstanding of what scripture actually says. So a lot of people say that money is evil because of scripture, but that's not actually what the verse says. So first Timothy six, 10 says for the love of money is the root of all evil. So what does that talking about is talking about greed or idolatry and putting the dollar over the relationships or over doing the right thing or over your integrity.
And in network marketing, you're going to have those choices. You will be every single one of you will be presented with something where you're going to have that tested. [00:27:00] To where you're going to have to make that decision to either be greedy and choose the money over maybe the person or over the relationship in order to get what you want. And, ~you know, ~again, depending on the choice that you make, that choice can impact the future gains that you might get from it from the end.
So is making money. Bad or evil? No. Is having a desire to make more money. Bad. No, because. ~Um, ~having more money just makes you more of who you already are. And money is completely amoral. It's something that is just an exchange for a service. So you wouldn't. ~You know, ~have someone come put a roof.
~You know, ~on your home and expect to do it for free, right? No, the roof cost money, their time cost money. They're legit hanging off a cliff. So you spending time sharing your product that is not free with someone else and then paying for it. And you getting paid for that is not a bad thing in network marketing, same thing.
We make money from helping other people win and win [00:28:00] big. ~Right? ~And the more people you help win, the more you win. And that is a beautiful business model, but sometimes people can ~kind of ~feel guilty about that. But if you are spending your time and energy, showing someone how to make money in their business, why shouldn't you be able to make money from that? So making money is certainly not an evil thing. It honestly just makes you more of who you are.
So if you're doing it based out of greed or you are ~kind of ~doing it from that love ~of, ~of money, and we've all seen what that looks like, okay. Then absolutely. It can be a little bit of a bad thing, but if you're more in the money. As everything boat, no that you probably are not going to be given more until you've been a good steward of what you've been given. So Ecclesiastes five 10 says whoever loves money, never has enough. Whoever loves wealth is never satisfied with their income. And y'all, I see this.
All the time in network marketing, even with leaders that I love and adore, they'll say, ~you know, ~the same leaders that you know would have a goal just for, ~I mean, ~they could never dream of making $20,000 in a year.[00:29:00] And when they're making, I've literally heard him say only $20,000 in a month. They're disappointed because they're comparing themselves to either maybe something that they've made prior. Maybe they made $40,000 ~in a, ~in a month or maybe they know someone else said their rank. Who's making.
$50,000 a month at that rank. And again, this scales all the way back down to 2,005,000, anything like that. I know leaders who might have, ~you know, ~been making a certain amount at another company come over here and make more, but yet, because they're not making as much as they hope to be. Or again, they're not making as much as their highest check they're disappointed and that's ~kind of ~that money is everything mentality.
And honestly, The Lord is going to give you everything that you need to survive and to thrive and to ~kind of ~want more than that again, is it for the love of money or is it truly because of something that is tied to a deeper purpose for how you're going to actually use that money? Okay. So just ~kind of ~keep that in mind that it's always, if you have that mindset at $2,000 or [00:30:00] $20,000, imagine what that's going to be like at $200,000 and whoever has loves money, never has enough.
Whoever loves wealth is never. We're satisfied with their income. And that's a lot of times why you'll see even famous people or famous seekers, singers, or actresses and things like that. Have a hard time with that because the money is never enough to say she ate or satisfy,~ um, their, ~their desires.
So money's not a bad thing. It's the love of money. That's the summary from what the word says. Okay. So then finally, are you a giver? Or a go getter. ~So, ~and the giver, and actually there's a great book called the go-givers sell more. ~Um, ~that honestly, I don't think it's necessarily a Christian or spiritual book.
~Um, ~but it, there is a scripture second Corinthians nine, six through eight that says, now this, I say he who sows sparingly will also reap sparingly. And he who sows bountifully will also reap bountifully. Each one must do as he has purposed in his heart, not [00:31:00] grudgingly or under compulsion for God loves a cheerful giver and God is able to make all grace abound to you. So that always having.
So all sufficiency in everything that you may have an abundance for every good deed. So that's a lot of words. A lot of big words. But essentially, that's ~kind of ~like going back to the ticket example for, ~you know, ~the carnival. It's really fun to be able to give away your tickets. And so what does that look like in network marketing? ~Well, ~first of all, it can literally look like giving with your money. I talked about this in the money ma.
~Um, ~my exact money breakdown, how I do recommend that you give 10% of your income, you allocate towards that to giving,~ uh,~ or more. I, I. ~Uh, ~tithe 10% and give that back to our church, but I always aim to go above and beyond the tithe. ~Um, ~in the book. ~Uh, ~civil money, rich life. They talk about, they actually give their age and actually track this on another spreadsheet. So they're ~kind of ~nerds like me. I think.
And that on that spreadsheet, they call it net given and they literally track [00:32:00] anything and everything that they're physically given from the money that they're earning and it makes earning more money fun. So that can physically be giving away literally money,~ um,~ from the money and the abundance that you're making.
~Right. ~But sometimes it can also be given, giving away your knowledge. So I have experienced that in our company and I've heard that this is not the norm and network marketing, but what we have experienced on our team is when someone finds something that's working. Whether it's a specific strategy or maybe it's something like a project broadcast landing page bundle, or a campaign that they're using.
Or a visibly party template. Or a boards,~ um,~ app like basically board where ~they've, ~they've saved some things. They share it and they share it abundantly because if it's working for them, having it work for someone else, isn't going to take away from it, working for them. And there's nothing better, nothing more fulfilling than being able to give a little bit of idea ~or, ~or strategy or a physical tool to someone and have them be able to [00:33:00] experience success with that.
And so how can you be more of a giver? ~So, ~and there's nothing wrong with being a goal getter or a go getter, if you will. ~Um, ~but sometimes in this business, it can be more about what you're going to get from something versus more than what you're going to give you ~kind of ~see this, like the pie is like something that there's like a limited amount, ~right. ~Or you'll say, oh, the market is like saturated and I'm just going to get.
And when it all to be myself. ~So, you know, ~just remember that it is more blessed to give than to receive. ~Um, ~and that straight from the words of Jesus acts 20, 35 is where that comes from. So you should remember the words of the Lord. Jesus. It is more blessed to give than to receive. So can you receive a lot from this business model?
Absolutely. Does that mean ~that ~that should be your goal? No go givers sell more. They do ~bigger, ~bigger things here. So know that you can be a goal getter, but if you focus on giving, you're going to get so much more of a blessing. From the fulfillment side, that can be sometimes even bigger than the financial side. And sometimes the financial side comes too. [00:34:00] So guys, I hope this kind of helps you with this scripture packed episode to ~kind of ~break down your money mindset and how it's serving you in your business, because.
It can be holding you back in certain ways from the growth and the dreams of where you want to be. ~Uh, ~or, ~you know, ~if you ~kind of ~focused on changing some of the ways or the dynamics or habits or partnering up with other people who are, maybe are stronger in these areas, especially your spouse or your husband.
Just sit back and watch and see what the Lord can do using this business, knowing that he's got you, that he's the provider. And he's going to give you everything that you need to do his will in this world. So thank you guys for listening and for watching, and I hope you all have a beautiful week.
[00:35:00]
