You're about to discover that you can
become a millionaire.
In fact, in this video, I'm gonna show you how to become a millionaire regardless
of how much money you make. I wrote this book called From the Trash Man to the Cashman, How Anyone Can Get Rich Starting From Anywhere because my story is that I started
as a my my family when I started my family and had a wife and my first child, the first job I ever had was driving a trash truck for $6.25
an hour, but
I got $9.50
an hour for overtime.
So needless to say, I worked a lot of overtime. And I can remember
saying to my wife
after our child was born and I got this job,
babe, if we can just make $300
a week take home, we're gonna be okay.
That was as big as my vision was in 1987
when I got that job.
And
and I made $300 a week. And you say, how can you live off $300 a week? Well, our rent in our one bedroom apartment was $250
a week. My car payment was a $188
a week. So I was making $1,200 a month, but, you know, I had insurance and utilities and all that stuff. I was still broke.
Right? But but
I learned
a concept later that made me wealthy and it was many, many years later.
And I believe that even if I were a trash man today
making $6.25
an hour, I could become a millionaire. And I'm gonna show you how.
People think
that money will solve their money problems, but I submit to you that you making more money with the same mindset that you have right now
is not going to make you richer,
it's going to multiply and amplify your money problems. If you have money problems right now,
you don't have money problems because you don't have enough money.
You have money problems because you don't have a systematic
way
of managing the money you make.
And I'm gonna go into
a lot more detail
in this video than I did in my trash man to cash man book in chapter
11, I think it is, or maybe chapter 13,
which is the money management principle of millionaires. If you will learn to manage your money, you can become wealthy.
Now, here's how you do it.
In my book,
the chapter is called I can if my cans
say I can.
I can if my cans say I can. So in that book,
I wrote
this principle about my money cans, my I can cans.
And so I've we've got six I can cans,
and my six I can cans.
And you'll you'll know what I mean when I say I can cans in a minute. One, two, three.
Maya, you're gonna have make them smaller, son. Okay. So
and then I make one bigger.
Okay.
Okay. We got six cans. Okay. So
the first one is
my
eye.
Well, in fact, I'm not even gonna write all that. I'm not gonna write all that. My first one is my I can
tithe
can.
My I can tithe can.
Now tithe means tenth.
Some people ask me, well, Myron, what do you believe about tithing?
I believe that tithing in the Old Testament
was
God's way of taking care of
the ministers
of
the tabernacle and the temple, the God's ministers, the priests and Levites.
They didn't receive an inheritance. Their inheritance was the tithe. Now, our modern day
Christianity
church
doctrine
teaches that while the church is
the new testament version of the old testament, it's not.
But I do believe that God says that our laborers worth is higher and I don't believe there's anything wrong with people who do ministry
living from the ministry they do. That's biblical. Thou shalt not muzzle the ox that treaded out the corn. And the scripture says, if they sow to you spiritual
things, you sow to them carnal things. In other words, you give them you pay them money. I believe though that one of the reasons
there's so much confusion is because even churches that do teach that you should give your tithe to the church, they don't use the tithe in a biblical way. They use it to pay the bills of the church
and including the salaries of the people who work for the church, which is why most ministries are, in my opinion, understaffed
because
they're using the tithe
to pay for the building
and they're using if there's some left over, they'll pay the people who do the work of the ministry. I believe the exact opposite should take place.
And I believe that if we did it the biblical way, if indeed you wanna give your tithe to a church, I believe if the tithe was used to pay the pastors, the assistant pastors, the the people who work in the church ministry, if the tithe was used for that and the offering was used to pay for the buildings
and the electric bill, and I believe
that
it would just be better because it would be closer to a biblical model. Okay. I can tithe can. Tithe. What's tithe? 10%.
I believe that as believers that we ought to
that it would be a good idea for us to tithe and to give an offering.
Why? Because because under grace
under grace, it's grace is not does not exclude us from law. Grace gives us the power and the desire to fulfill law.
K. So I can tithe can.
And so you'd basically put 10% of your money in your I can tithe can. Your next can
is your
by the way, I'm giving you I'm giving you the ideal example first, and then I'm gonna show you how to pair it backwards
depending on where you are financially. Okay? So I'm gonna give you I'm gonna give you the the objective that would be a good idea for you to work towards getting to. Everybody got it? Say, got it. Okay. So your next one is I can pay my bills can.
Now in your I can pay my bills can,
you wanna put 50% of your money and use 50% of your money to pay your bills. And I know what you're thinking, but Marian, I can't live off a 100% of what I'm making. I'm not gonna live off 50%. This is where you're working towards. This is not where you're starting. This is where you're working towards. I'm gonna show you how to get to the place you can live off of 50% of your income if you're willing to have some financial
discipline, which most people many people are not no. Most people are not willing to have. Okay. So I can I can finish I can pay my bills can? Your next can is your I can finish free can.
Now
finish free to me
means that I have to me means legacy.
So I put 10% of my money in my I can finish free can so that my family
has financial freedom and nobody in my family after me ever has to start from scratch.
Like, some people wanna use that for retirement. I don't believe in retirement. I believe in retirement. I'm not gonna ever retire. I'm gonna work until
I die. Now, I may work less as I get older.
I don't know how much less. I mean, I I'm gonna work as much as I feel like it. I'm gonna work as much as I want to
And and then I'll play some as well. Okay. So I can finish free can. And like I said, I will play some as well, which brings me to the next most important can. And it is your I can
have
fun can. And you put 10% of your money in your I can have fun can. Other than these three, this is the most important can. This can will make you more money than all your other cans. I'm
gonna show you how in a minute.
This can is gonna inspire you to go out and figure out ways to make more money.
Now the caveat with the I can have fun can is you have to spend all the money in it every month.
You can't have anything left in your I can have fun can at the end of the month.
K? Then you have your I can
save
for what I want can. So if I want a new car, I save. How much do I save? 10%.
And depending on how you use debt or don't, like I use debt, some people don't like to use debt, I like to use debt, I can use the bank's money cheaper than I could use my money. I sometimes pay cash for cars. I don't like to do that. But if the bank gets on my nerves and they take too long to loan me the money because, oh, but then we don't usually loan money and encourage them to use it. You know what? I'll just write a check, and then you get to leave me alone, I get to keep my interest. Okay. Or but sometimes, if they'll loan it to me and they'll do it in an ex expeditious
manner,
then I'll just borrow the money to buy a car because I can use the bank's money cheaper than I can use my own. K. So some of my most of my cars are paid off, but some of them I have notes car notes on.
And you save your money for your down payment if you use a car note. Okay?
So I can save for what I want can. And then your last can is I can
educate myself can.
And that's where you put your money that you're using for
self education, personal development,
etcetera,
etcetera, and you put 10%. So you got you got
50%,
ten, ten, ten, ten, 10. That's a 100% of your money.
That's the objective.
Get to the place if you can get to the place
in your life where you're living like this now,
you know what? I haven't done this before, but I just got a great idea. I'm gonna develop a can system for businesses
so you can because businesses don't need an I can't have fun So I'm gonna develop an I a business can. Your business can. Blah blah blah. Okay. But I haven't done that, and I just thought of it, so I don't know how it would look until I think about it. So in the meantime, if you have a business, you're an entrepreneur. Where are my entrepreneurs? And you don't have a job. You just you don't have a job also. You're just an entrepreneur. Like, you're just an entrepreneur. Okay. So one of first thing first and foremost,
pay yourself a salary. Become a w two
employee of your own business. It'll save you so much headache and heartache
if you're not doing that already. Become a w two, but I don't know how much money I'm gonna be able to make. Figure it out. Figure out the minimum that you know you're not gonna, like, mess it up. Put yourself on salary.
Give yourself a salary. Okay? I'm a w two in I'm a w two wage earner of Scilly Enterprises LLC. I'm a w two.
And so so what happens when you first get started, you can't like, let's say, Myron, I can't live off of I can't live off of 50%.
Well, you you could. You could. Because here's what you could do that you're not willing to do. You could do what
legal
immigrants do when they come to The United States Of America. You could live three families in one house,
share expenses,
and then one of the families makes enough money
to eventually buy their own house.
But they all work in the same business, and they work, and they work, and they work, and they and and they so they don't even have time to go blow money on junk
because they're too busy working to build something for the future where if they wanna buy some junk, they have the money for the junk.
How many are all tracking? Wave at me. Okay. So so you but you could. But see, like, I don't I
need to be a man. I need to be on my own. I I don't need to share an apartment with my brother.
Okay.
Good. So you and your brother can both struggle for the rest of your lives.
I'm just like like,
chilled young people get in a hurry to move out of their house. Well, here's what here's God has an ideal time for young people to move out of their house, and there's nothing in the Bible that says, thou art 18, thou shalt get out of my house.
That's right. But here's what the scripture says.
The scripture says,
a man
shall leave his father and mother and cleave unto his wife and they twain shall be one flesh. Oh, what if young people didn't move out until they got married? That's right. Like, I don't want my kids in my house till I get married. Know because you've been programmed by the world and not by the word.
Right? And you're getting in too big a hurry. I I was in no hurry for my for my children to move out of my house and they were grown. I don't care. That's my job. It's
my job to be their father until they get married. Now if they wanna move out, move out. You're an adult. Go do your thing.
But not you're 18, you gotta get out of my house.
Not you graduated from high school, you graduated from college. No.
Like, what if you taught your children this when they were got their first jobs and they practice it and became a habit?
And now
because your children
could live off of 50% of their income
and you could teach them a habit that would change their life forever. Okay. But you can't do that yet. So let's say you can't do that. Let's say let's say you can't live off of you can't live off of 50%. Right?
So
maybe you can only live off of 90%. Okay. Great. So you change this to one per well, you don't change you don't change that. I wouldn't change that to 1%. Let's say you can only live off
first of all, here's here's what you do. Let me let's start with this.
Let's let's get let's get rid of some of this stuff. You can't you can't live off 50% of your income.
You don't need cable television.
Amen. Amen. There's a 100 a month right there. Mhmm.
You don't really need Netflix
or Prime
unless you're ordering stuff off of Amazon and save money on the shipping. That's fine.
Like, don't so many things that we think we need that we don't need. You don't need to eat out at restaurants more than once a month. You don't need to eat out at restaurants at all. In fact, restaurant food has so much salt in it. Yeah. That's sodium. Yep. It's it's insane because they know it's anyway,
so
keep your tied. Let's say you're gonna live off 80% of your income.
So now you've got 10% tied, ten percent's, uh, ten percent's tied, 80%. So now you're up to 90%. You do 1% here, 1% here,
1% here,
1% here
until you can do better.
But you make sure the 1%
so which means, by the way, if you're if you're let's say you're bringing home $3,000 a month, that's your take home pay, you're putting $30
in your I can't have fun can, but you're making sure you spend that $30 on something that you show enough to believe is fun.
Now when I started doing this, golf was my fun,
and I was
putting a relatively significant amount in there. I was like, man, this is really hard
to spend this much money every month on golf.
But you know what I would do sometimes?
I would fly to Florida when I lived in Pennsylvania to play golf in the wintertime.
Why? Because I had enough money in my I can't have fun can.
And see what most people do, instead of
instead of disciplining themselves in the present to pay for their future,
they steal from their future to play pay for their present.
And then wonder why when their future becomes their present, they don't have anything.
How many are tracking? See,
money is not in the habit of hanging around with people who don't manage it well. And if you can't manage it when you have a little, you won't manage it better when you have a lot. I know you think you will, but you'll manage it worse when you have a lot. More money will amplify your money habits whether they be good or bad.
And so
maybe you say, Myron, I can't put 1% in there. Okay. Put $10 in each one of those cans.
You can sit down and look at your money, figure out where you're wasting money, and stop.
You don't need to go shopping.
Like,
you wanna get somebody a birthday present? Make them something.
Make them something.
Like, use your creativity.
And
what'll happen is what'll happen is when you develop this discipline, you'll start having financial strength. And when you start having financial strength,
opportunities that only people with financial strength can take advantage of will you will begin to recognize them. That and they've been passing you by because you're blind to them, because you're living in so much lack, because of your poor money management habits.
Now
you're you're not actually putting the money in these cans. Now this is the part that's gonna be challenging for you because the bank is gonna give you a hard time. So go find a bank that won't give you a hard time, and we'll let you do this. You open up a bank account for your iCanTive can. You open up a bank account for your iCanPayMyBills can. You open up a
an account for the finish free can. You open up a can one for the I can have fun can, save for what I want can. And then as soon as your direct deposit hits your account,
you move that money into the appropriate
bank account. And so that account is a can. And so what you do with those accounts is you take the ledger from each account
and you put it into the can that it represents,
and you start managing your money meticulously.
I just I just I just heard I was I'm listening to an audiobook,
and the guy had a phrase this morning. I said, that is so good.
And I wanted to make sure I got it captured,
and so I did. And so
so I don't know if y'all do this or not.
But so what I did was I went into
I went into chat GPT,
and I said, go find me the William Blake quote from eighteen o one about he who would
he who would do good to another
in particulars. Okay. So here's the quote. Here's the quote. I'm gonna end the video with this. This is so good.
He said, uh, William Blake in eighteen o one said, he who would do good to another must do it in minute particulars.
General good is the plea of the scoundrel,
the hypocrite, and the flatterer.
For art and science cannot exist but in the minutely organized particulars
and not in the generalized
demonstrations
of the rational of the rational power. Like, that is so good.
What does it mean? It means the beauty of the arts
and the functionality
of the sciences
is in the details.
Wow.
Become detail oriented when it comes to your money. It'll change your life for the rest of your life. Thanks for watching.