Deep Dive Into Wealth Part III

Never solve someone else’s money problem for them.

In this article I’m going to share with you why I operate by this principle and why you should too.

I’ve trained and coached thousands of people to become more financially competent and increase their wealth and that combined with being a CEO of a company has taught me that when I should never solve someone else’s money problem for them because it violates this Law of Wealth:

“Money is an amoral, inanimate resource that simply carries out the intentions and creations of its beholder.”

As we know, money is simply a medium of exchange or a transfer of value mechanism between two or more parties.

But what do I mean by “amoral”? Well, money isn’t good or bad anymore than a shoe is. It doesn’t have morals and it doesn’t know right from wrong.

Why?

Because money is an inanimate object. Much like a shoe it does feel or think things. It can’t act on its own determinism.

Which mean that it can only be used to carry out the intentions, desires, plans, etc. of the person using it. Just like the wearer of the shoe ultimately decides what the shoe will be used for, the person with the money also decides what the money will be used for.

So, we are essentially saying that because money doesn’t morally know right from wrong because it doesn’t think, feel or do anything, it simply is a tool that someone can use to carry out their wishes or intentions. And that anything money is used for is actually a representation of the person using it.

This means that money doesn’t change people, it just allows them to express who they really are deep down inside.

Let me give you a few examples.

Let’s take two very wealthy people in American history to see how they used their money.

First, we have Andrew Carnegie, America’s first billionaire. Andrew Carnegie had lots of money, but he died almost penniless. Why? Because he donated virtually all of his fortune for the public good. His goal was to build massive wealth and then give it all away in an effort to make the world a better place. And he did just that. Mr. Carnegie is an example of someone who was a good person and so when he got more money, he used this amoral and inanimate resource to carry out his good intentions to help others.

Then we have John D. Rockefeller. Rockefeller goes down in history as the wealthiest person in American history even in today’s dollars. He built the Standard Oil empire and used his wealth to get wealthier. Mr. Rockefeller really was a true @$$hole at heart and did things like corrupting the medical industry, funding psychiatry in schools, manipulating the populace and markets through media control, and was renowned for purposely driving his competitors out of business only to buy up their companies for pennies on the dollar so they had to work for him to make him richer. He didn’t have good intentions and wasn’t a good person and used money to carry out his poor intentions.

In both of these examples, money isn’t responsible for the good or the bad these two men did. It is just there to be used as a tool by those who understand how to use it.

Now the final example I want to give you is with a person who has financial problems and I want to share with you why I never solve their problems and why every time I’ve violated this rule it has blown up in my face.

Because money is just a resource, I want you to think of it as painting and a canvas. The person with the money is the artist and they are using it to create their masterpiece. Andrew Carnegie used it to create a beautiful masterpiece. John Rockefeller used it to create a rather poor masterpiece. But someone with financial problems has also created a masterpiece. Their financial problem is their creation and it represents what they cause when they get a resource like money. If someone is in debt, they caused that and will continue to cause that until they decide to create something better. Someone who doesn’t earn enough income causes that through lack of true value and production and will continue to cause that until they decide to cause something different.

This means if I give a person money to help them solve their problem or give them a pay raise to help them solve their problem or give them a loan to help them solve their problem, they will simply take the resource I’ve given them to further create the problem they have already. There is a reason the average lottery winner goes bankrupt within a few years of winning. They were using the resource of money to make a canvas of poverty. That was their creation. So, if all of a sudden while they are painting a picture of poverty, they get a bunch more paint and brushes and resources for their masterpiece, they aren’t going to all of the sudden change what they are creating. They’re going to keep creating the same thing, only bigger and better. Like instead of being paycheck to paycheck and buying lottery tickets, taking it all the way to bankruptcy and losing everything.

If someone has a financial problem, realize that is their creation. You inserting your creation over theirs isn’t going to change what they want to create. Do you know what will? Showing them what winning with money looks like (your better creation) and offering them training on how to create something better. And it doesn’t mean they’re going to listen or take what you’re offering by any means either.

That’s what my life’s work and mission is. To help good people become financially competent so they can increase their wealth and the quality of life for themselves, their loved ones and the world around them. But I know that I can’t focus on any one person because some people don’t want to create that. All I can do is widely share the truth and my message to find those who want to create something great with money and who will benefit from what I teach.

So, if you’re a good person who wants to help make the world a better place and this article helped you, I want to encourage you to join our free Facebook community, Wealth DynamX Nation.

I want to encourage you to start putting this into practice. And feel free to write to me and let me know how it went. Or if you’re a client of mine and you’d like help leveling up, send an email to my team with “Level Up” in the subject line to Contact@WealthDynamX.com.

If you’re a follower and have not read my book The Blueprint to Financial Freedom yet, that is the place to start. This book covers the specifics for each level in the various chapters and you can grab the book for free as my gift.

Click here to get a copy!

The Blueprint to Financial Freedom by Jerry Fetta

To Purpose, Wealth & Freedom,

Jerry Fetta

Jerry Fetta is the CEO and Founder of Wealth DynamX. He is a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, New York Finance, interviewed on 100+ podcasts with world renowned experts, earning endorsements and affiliations throughout his career with names like Kevin O’Leary, Grant Cardone, Dave Ramsey, and Pamela Yellen.

Jerry’s mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.

Learn more at www.WealthDynamX.com

(DISCLAIMER: The information in this content should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Wealth DynamX can and does not provide advice unless/until engaged by you.)