WEBVTT 00:00:00.800 --> 00:00:03.680 You're about to discover that you can 00:00:04.240 --> 00:00:05.520 become a millionaire. 00:00:05.760 --> 00:00:10.560 In fact, in this video, I'm gonna show you how to become a millionaire regardless 00:00:10.720 --> 00:00:20.525 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 00:00:20.845 --> 00:00:32.140 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 00:00:32.140 --> 00:00:33.660 an hour, but 00:00:34.620 --> 00:00:36.860 I got $9.50 00:00:36.860 --> 00:00:38.220 an hour for overtime. 00:00:38.220 --> 00:00:41.900 So needless to say, I worked a lot of overtime. And I can remember 00:00:43.015 --> 00:00:44.455 saying to my wife 00:00:44.935 --> 00:00:48.455 after our child was born and I got this job, 00:00:49.415 --> 00:00:52.615 babe, if we can just make $300 00:00:52.615 --> 00:00:55.760 a week take home, we're gonna be okay. 00:00:56.080 --> 00:01:00.720 That was as big as my vision was in 1987 00:01:00.720 --> 00:01:02.080 when I got that job. 00:01:02.640 --> 00:01:03.200 And 00:01:04.480 --> 00:01:11.825 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 00:01:11.825 --> 00:01:14.145 a week. My car payment was a $188 00:01:14.145 --> 00:01:20.545 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. 00:01:20.945 --> 00:01:22.945 Right? But but 00:01:23.910 --> 00:01:25.190 I learned 00:01:26.070 --> 00:01:29.910 a concept later that made me wealthy and it was many, many years later. 00:01:30.630 --> 00:01:33.430 And I believe that even if I were a trash man today 00:01:33.590 --> 00:01:35.430 making $6.25 00:01:35.430 --> 00:01:38.905 an hour, I could become a millionaire. And I'm gonna show you how. 00:01:39.305 --> 00:01:40.345 People think 00:01:40.585 --> 00:01:49.145 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 00:01:49.625 --> 00:01:51.385 is not going to make you richer, 00:01:51.820 --> 00:01:56.700 it's going to multiply and amplify your money problems. If you have money problems right now, 00:01:57.100 --> 00:01:59.820 you don't have money problems because you don't have enough money. 00:02:00.060 --> 00:02:03.740 You have money problems because you don't have a systematic 00:02:03.740 --> 00:02:04.460 way 00:02:04.700 --> 00:02:06.700 of managing the money you make. 00:02:07.565 --> 00:02:09.245 And I'm gonna go into 00:02:09.405 --> 00:02:10.925 a lot more detail 00:02:11.005 --> 00:02:15.485 in this video than I did in my trash man to cash man book in chapter 00:02:15.485 --> 00:02:17.725 11, I think it is, or maybe chapter 13, 00:02:17.885 --> 00:02:23.870 which is the money management principle of millionaires. If you will learn to manage your money, you can become wealthy. 00:02:24.910 --> 00:02:26.430 Now, here's how you do it. 00:02:27.310 --> 00:02:28.350 In my book, 00:02:28.910 --> 00:02:32.670 the chapter is called I can if my cans 00:02:32.830 --> 00:02:33.550 say I can. 00:02:34.355 --> 00:02:38.515 I can if my cans say I can. So in that book, 00:02:38.675 --> 00:02:39.555 I wrote 00:02:40.115 --> 00:02:43.475 this principle about my money cans, my I can cans. 00:02:43.635 --> 00:02:47.075 And so I've we've got six I can cans, 00:02:49.880 --> 00:02:52.600 and my six I can cans. 00:02:52.600 --> 00:02:56.040 And you'll you'll know what I mean when I say I can cans in a minute. One, two, three. 00:02:56.440 --> 00:02:59.320 Maya, you're gonna have make them smaller, son. Okay. So 00:03:00.520 --> 00:03:01.480 and then I make one bigger. 00:03:02.515 --> 00:03:03.235 Okay. 00:03:04.755 --> 00:03:05.475 Okay. 00:03:06.515 --> 00:03:08.755 Okay. We got six cans. Okay. So 00:03:10.275 --> 00:03:12.195 the first one is 00:03:12.675 --> 00:03:13.315 my 00:03:13.795 --> 00:03:14.275 eye. 00:03:15.120 --> 00:03:20.720 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 00:03:20.880 --> 00:03:21.840 tithe 00:03:21.840 --> 00:03:22.480 can. 00:03:22.800 --> 00:03:24.560 My I can tithe can. 00:03:24.880 --> 00:03:26.480 Now tithe means tenth. 00:03:27.440 --> 00:03:29.785 Some people ask me, well, Myron, what do you believe about tithing? 00:03:30.345 --> 00:03:33.145 I believe that tithing in the Old Testament 00:03:33.385 --> 00:03:34.185 was 00:03:34.505 --> 00:03:37.145 God's way of taking care of 00:03:37.465 --> 00:03:38.585 the ministers 00:03:38.585 --> 00:03:39.225 of 00:03:39.705 --> 00:03:43.305 the tabernacle and the temple, the God's ministers, the priests and Levites. 00:03:44.350 --> 00:03:49.630 They didn't receive an inheritance. Their inheritance was the tithe. Now, our modern day 00:03:51.310 --> 00:03:52.350 Christianity 00:03:52.670 --> 00:03:53.310 church 00:03:54.270 --> 00:03:55.150 doctrine 00:03:55.150 --> 00:03:58.575 teaches that while the church is 00:03:58.735 --> 00:04:01.855 the new testament version of the old testament, it's not. 00:04:03.055 --> 00:04:09.295 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 00:04:09.455 --> 00:04:17.820 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 00:04:17.820 --> 00:04:23.820 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 00:04:24.945 --> 00:04:35.025 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 00:04:35.665 --> 00:04:43.350 and including the salaries of the people who work for the church, which is why most ministries are, in my opinion, understaffed 00:04:43.510 --> 00:04:44.390 because 00:04:44.390 --> 00:04:46.070 they're using the tithe 00:04:46.150 --> 00:04:48.150 to pay for the building 00:04:48.950 --> 00:04:56.785 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. 00:04:57.425 --> 00:05:12.090 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 00:05:12.650 --> 00:05:15.610 and the electric bill, and I believe 00:05:15.850 --> 00:05:16.490 that 00:05:16.970 --> 00:05:23.595 it would just be better because it would be closer to a biblical model. Okay. I can tithe can. Tithe. What's tithe? 10%. 00:05:23.915 --> 00:05:26.155 I believe that as believers that we ought to 00:05:26.955 --> 00:05:30.795 that it would be a good idea for us to tithe and to give an offering. 00:05:31.675 --> 00:05:34.430 Why? Because because under grace 00:05:34.670 --> 00:05:42.590 under grace, it's grace is not does not exclude us from law. Grace gives us the power and the desire to fulfill law. 00:05:43.070 --> 00:05:44.910 K. So I can tithe can. 00:05:45.965 --> 00:05:51.725 And so you'd basically put 10% of your money in your I can tithe can. Your next can 00:05:52.285 --> 00:05:53.245 is your 00:05:53.485 --> 00:05:59.005 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 00:05:59.170 --> 00:06:11.570 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. 00:06:13.405 --> 00:06:15.565 Now in your I can pay my bills can, 00:06:16.045 --> 00:06:34.080 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 00:06:34.080 --> 00:06:45.855 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. 00:06:46.335 --> 00:06:46.895 Now 00:06:47.615 --> 00:06:49.135 finish free to me 00:06:49.615 --> 00:06:52.575 means that I have to me means legacy. 00:06:53.080 --> 00:06:57.960 So I put 10% of my money in my I can finish free can so that my family 00:06:58.120 --> 00:07:03.000 has financial freedom and nobody in my family after me ever has to start from scratch. 00:07:03.880 --> 00:07:11.115 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 00:07:11.275 --> 00:07:14.235 I die. Now, I may work less as I get older. 00:07:15.595 --> 00:07:20.315 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 00:07:20.800 --> 00:07:31.520 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 00:07:32.080 --> 00:07:32.800 have 00:07:33.755 --> 00:07:45.595 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 00:07:45.595 --> 00:07:46.555 gonna show you how in a minute. 00:07:47.370 --> 00:07:51.850 This can is gonna inspire you to go out and figure out ways to make more money. 00:07:53.050 --> 00:07:59.130 Now the caveat with the I can have fun can is you have to spend all the money in it every month. 00:08:00.105 --> 00:08:05.465 You can't have anything left in your I can have fun can at the end of the month. 00:08:05.865 --> 00:08:08.985 K? Then you have your I can 00:08:09.705 --> 00:08:10.745 save 00:08:11.750 --> 00:08:16.230 for what I want can. So if I want a new car, I save. How much do I save? 10%. 00:08:17.910 --> 00:08:43.770 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 00:08:44.170 --> 00:08:44.890 manner, 00:08:44.970 --> 00:08:53.290 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. 00:08:54.475 --> 00:08:57.835 And you save your money for your down payment if you use a car note. Okay? 00:08:58.395 --> 00:09:02.155 So I can save for what I want can. And then your last can is I can 00:09:02.955 --> 00:09:04.715 educate myself can. 00:09:05.035 --> 00:09:08.395 And that's where you put your money that you're using for 00:09:08.730 --> 00:09:10.970 self education, personal development, 00:09:11.050 --> 00:09:11.530 etcetera, 00:09:12.010 --> 00:09:15.050 etcetera, and you put 10%. So you got you got 00:09:15.530 --> 00:09:16.330 50%, 00:09:16.330 --> 00:09:19.050 ten, ten, ten, ten, 10. That's a 100% of your money. 00:09:19.610 --> 00:09:21.050 That's the objective. 00:09:21.210 --> 00:09:23.850 Get to the place if you can get to the place 00:09:24.285 --> 00:09:27.325 in your life where you're living like this now, 00:09:29.005 --> 00:09:35.165 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 00:09:35.325 --> 00:09:59.375 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, 00:09:59.775 --> 00:10:03.055 pay yourself a salary. Become a w two 00:10:03.695 --> 00:10:08.850 employee of your own business. It'll save you so much headache and heartache 00:10:09.170 --> 00:10:18.850 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. 00:10:19.515 --> 00:10:27.275 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. 00:10:28.155 --> 00:10:37.790 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%. 00:10:37.950 --> 00:10:44.110 Well, you you could. You could. Because here's what you could do that you're not willing to do. You could do what 00:10:44.750 --> 00:10:45.550 legal 00:10:45.845 --> 00:10:50.885 immigrants do when they come to The United States Of America. You could live three families in one house, 00:10:51.845 --> 00:10:53.125 share expenses, 00:10:54.325 --> 00:10:57.205 and then one of the families makes enough money 00:10:58.280 --> 00:11:00.840 to eventually buy their own house. 00:11:01.320 --> 00:11:09.160 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 00:11:09.855 --> 00:11:15.935 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. 00:11:16.575 --> 00:11:22.415 How many are all tracking? Wave at me. Okay. So so you but you could. But see, like, I don't I 00:11:23.090 --> 00:11:26.690 need to be a man. I need to be on my own. I I don't need to share an apartment with my brother. 00:11:27.090 --> 00:11:27.650 Okay. 00:11:28.130 --> 00:11:31.490 Good. So you and your brother can both struggle for the rest of your lives. 00:11:33.090 --> 00:11:34.850 I'm just like like, 00:11:35.170 --> 00:11:46.035 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. 00:11:46.675 --> 00:11:48.755 That's right. But here's what the scripture says. 00:11:49.235 --> 00:11:50.195 The scripture says, 00:11:50.750 --> 00:11:51.870 a man 00:11:52.350 --> 00:12:05.630 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. 00:12:08.465 --> 00:12:17.505 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 00:12:17.505 --> 00:12:22.720 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. 00:12:23.600 --> 00:12:25.840 But not you're 18, you gotta get out of my house. 00:12:26.720 --> 00:12:29.200 Not you graduated from high school, you graduated from college. No. 00:12:31.515 --> 00:12:38.315 Like, what if you taught your children this when they were got their first jobs and they practice it and became a habit? 00:12:39.115 --> 00:12:39.915 And now 00:12:40.715 --> 00:12:42.315 because your children 00:12:42.475 --> 00:12:44.635 could live off of 50% of their income 00:12:45.720 --> 00:12:55.720 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? 00:12:56.440 --> 00:12:57.000 So 00:12:57.895 --> 00:13:07.335 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 00:13:08.295 --> 00:13:11.015 first of all, here's here's what you do. Let me let's start with this. 00:13:13.350 --> 00:13:18.550 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. 00:13:18.950 --> 00:13:20.790 You don't need cable television. 00:13:21.350 --> 00:13:25.385 Amen. Amen. There's a 100 a month right there. Mhmm. 00:13:25.705 --> 00:13:27.465 You don't really need Netflix 00:13:28.025 --> 00:13:29.145 or Prime 00:13:30.105 --> 00:13:33.385 unless you're ordering stuff off of Amazon and save money on the shipping. That's fine. 00:13:33.945 --> 00:13:48.070 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, 00:13:48.870 --> 00:13:49.750 so 00:13:50.310 --> 00:13:51.110 so 00:13:52.235 --> 00:13:55.275 keep your tied. Let's say you're gonna live off 80% of your income. 00:13:55.515 --> 00:14:04.395 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, 00:14:04.715 --> 00:14:05.515 1% here, 00:14:06.340 --> 00:14:07.620 1% here 00:14:08.180 --> 00:14:09.540 until you can do better. 00:14:10.500 --> 00:14:12.820 But you make sure the 1% 00:14:13.140 --> 00:14:20.180 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 00:14:20.340 --> 00:14:25.675 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. 00:14:28.155 --> 00:14:31.435 Now when I started doing this, golf was my fun, 00:14:33.915 --> 00:14:35.275 and I was 00:14:35.690 --> 00:14:40.330 putting a relatively significant amount in there. I was like, man, this is really hard 00:14:40.730 --> 00:14:44.650 to spend this much money every month on golf. 00:14:44.810 --> 00:14:46.410 But you know what I would do sometimes? 00:14:46.890 --> 00:14:50.490 I would fly to Florida when I lived in Pennsylvania to play golf in the wintertime. 00:14:51.095 --> 00:14:53.655 Why? Because I had enough money in my I can't have fun can. 00:14:54.455 --> 00:14:57.335 And see what most people do, instead of 00:14:57.655 --> 00:15:02.375 instead of disciplining themselves in the present to pay for their future, 00:15:02.615 --> 00:15:05.415 they steal from their future to play pay for their present. 00:15:06.350 --> 00:15:10.270 And then wonder why when their future becomes their present, they don't have anything. 00:15:10.830 --> 00:15:13.150 How many are tracking? See, 00:15:14.110 --> 00:15:30.145 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. 00:15:30.730 --> 00:15:31.530 And so 00:15:32.090 --> 00:15:36.810 maybe you say, Myron, I can't put 1% in there. Okay. Put $10 in each one of those cans. 00:15:37.130 --> 00:15:41.130 You can sit down and look at your money, figure out where you're wasting money, and stop. 00:15:42.170 --> 00:15:43.290 You don't need to go shopping. 00:15:44.255 --> 00:15:44.815 Like, 00:15:45.455 --> 00:15:47.775 you wanna get somebody a birthday present? Make them something. 00:15:49.775 --> 00:15:50.735 Make them something. 00:15:52.495 --> 00:15:54.015 Like, use your creativity. 00:15:54.015 --> 00:15:54.975 And 00:15:55.135 --> 00:16:02.650 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, 00:16:02.970 --> 00:16:16.565 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. 00:16:16.725 --> 00:16:17.285 Now 00:16:17.765 --> 00:16:35.890 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 00:16:36.875 --> 00:16:45.515 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, 00:16:46.155 --> 00:16:48.075 you move that money into the appropriate 00:16:48.690 --> 00:16:54.850 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 00:16:55.650 --> 00:16:59.010 and you put it into the can that it represents, 00:16:59.170 --> 00:17:01.890 and you start managing your money meticulously. 00:17:02.405 --> 00:17:06.565 I just I just I just heard I was I'm listening to an audiobook, 00:17:06.645 --> 00:17:11.285 and the guy had a phrase this morning. I said, that is so good. 00:17:11.925 --> 00:17:14.725 And I wanted to make sure I got it captured, 00:17:14.885 --> 00:17:16.725 and so I did. And so 00:17:18.030 --> 00:17:20.110 so I don't know if y'all do this or not. 00:17:20.510 --> 00:17:23.310 But so what I did was I went into 00:17:23.390 --> 00:17:25.230 I went into chat GPT, 00:17:25.230 --> 00:17:31.230 and I said, go find me the William Blake quote from eighteen o one about he who would 00:17:33.155 --> 00:17:35.795 he who would do good to another 00:17:36.435 --> 00:17:41.395 in particulars. Okay. So here's the quote. Here's the quote. I'm gonna end the video with this. This is so good. 00:17:41.795 --> 00:17:50.260 He said, uh, William Blake in eighteen o one said, he who would do good to another must do it in minute particulars. 00:17:50.820 --> 00:17:54.260 General good is the plea of the scoundrel, 00:17:54.260 --> 00:17:56.100 the hypocrite, and the flatterer. 00:17:56.740 --> 00:18:01.460 For art and science cannot exist but in the minutely organized particulars 00:18:01.675 --> 00:18:03.835 and not in the generalized 00:18:03.835 --> 00:18:04.955 demonstrations 00:18:05.035 --> 00:18:09.755 of the rational of the rational power. Like, that is so good. 00:18:11.195 --> 00:18:14.395 What does it mean? It means the beauty of the arts 00:18:14.555 --> 00:18:15.915 and the functionality 00:18:16.075 --> 00:18:17.035 of the sciences 00:18:17.460 --> 00:18:18.900 is in the details. 00:18:19.060 --> 00:18:19.620 Wow. 00:18:20.020 --> 00:18:25.780 Become detail oriented when it comes to your money. It'll change your life for the rest of your life. Thanks for watching.