My Money Rules

Money is a topic that we can discuss for weeks and weeks.

Although some people have bad beliefs about money, we can’t deny its importance in life.

We need money for the basic needs such as food, water, shelter, or clothes.

Money also helps us to do whatever we want to do or go wherever we want to go.

And sometimes we can use money to help others to have better lives.

Some people might say something like money is the root of evil. I don’t think so.

I believe that money itself is really good, but the way people make it or use it can make money become a bad thing.

For me, no matter how much money I want to make and by which way, I have to make sure:

  1. Make money with integrity
  2. Keep my life balanced

My life comprises of many categories such as Health, Career, Money, Relationship, Personal Development, and Contribution. Money is important, but it is just a part of my life. Hence, I have to manage my time and energy to keep my life balanced.

If we don’t use money, then money will definitely use us. Thus, it’s important to learn how to manage money effectively. Mastering the game of money is not an easy thing, but it will be funny, I believe.

Here are some money rules that I have learnt and want to apply in my life

  1. Develop a positive mind set about money

 Like everything else, financial success starts in mind. Firstly, you have to decide what you want, for example, how much money you want to earn, and by when you want to have it. Next, you have to believe that you can achieve it. And then, focus on it by thinking and visualizing it as if it were already yours. More importantly, you have to be willing to pay the price in order to get it, with self-discipline and commitment for a long time.

In addition, when you set financial goals, make everything as clear as possible.

Don’t set your goals like I want to be rich or I want to earn more or save more next year. What does rich mean? How much is “more”? And next year, when will be the exact time of next year? The general goals won’t lead you anywhere. So make everything clear.

For instance:

I will have a net worth of $………….by the year………

I will earn $………this year.

I will save & invest $…………..this month

In addition, use gratitude to attract more money in your life. When you feel thankful for the money you have, the money in your life can magically increase.

I often use the Magic check to order the Universe by writing down how much I want to have and by when I want to have it. And whenever the money coming to me, I feel grateful for it and say Thank you ❤


If you want to practice by this way, you can download the Magic Check and write down the amount of money you want to have and the exact time you want to have it. And then, try to work hard and seize any chances you got in life to make it happen. More importantly, feel thankful for all the money that you have an opportunity to make. And money is coming to you soonnnn =))

*For more information about the Magic Check, read the Magic book by Rhonda Byrne.

2.  Pay yourself first

 Pay yourself first

 Pay yourself first means before you pay your bills, before you want to buy something, or before you want to do something, set aside a certain portion of your income to savings account monthly.

No matter how much money I earn each month, I pay myself first. I take 10% of my income and put it into my savings account and then use the power of compound interest.

For example, if you invest $1,000 at a 10% rate of interest, you will earn $100 in the interest and by the end of that year, you will have $1,100 in total. Then, if you leave both the original investment and the earned interest, you will have 10% interest of $1,100 the next year. And year after year, it will become a huge amount of money. The sooner you start savings, the longer you have for the compound interest.

Make savings and investing a priority

When you make savings and investing a priority and live on the rest, it will do two things:

  • It will force you to start building your fortune and become financial freedom soon.
  • If you want do spend more, it will force you to earn more to afford it.

Some people might say the amount of money I earn each month is just enough for the basic needs, how can I have money for savings and investing?

The truth is you don’t need to wait until you have some extra money to save. Now is the time. And make it become a habit. When you commit to pay yourself first, and live on the rest, you will try to find the way to earn more.

If you have earned the same amount of money for years, and still struggle with the basic needs, there might be some problems, so:

  • Check out your spending.
  • Think about the way to earn more such as working harder, trying to improve yourself everyday, or trying to add more value to the marketplace.

“We get paid for bringing value to the marketplace. It takes time,… but we get paid for the value, not the time.” Jim Rohn.

Try to work harder & smarter. Hard work pays off.

  1. Master the spending game

 “Too many people spend money that haven’t earned, to buy things they don’t want, to impress people they don’t like.” Will Rogers.

For me, besides the basic needs, I prefer to spend my money on things that make me feel happy in a suitable way.

-Spend money on experience rather than things, for example, on travelling.

-Spend money on personal development such as books, workshop, or learning something new.

-Spend money on improving Health

  1. To spend more, first make more

 There are two ways to end up with more money, either spending less money on the other things or making more money. Personally, I prefer making more money to saving more money because I don’t want to see myself being denied the things I want in life, lol.

In order to make more money, you first have to decide how much money you want to make more, and by when you want to get it. In addition, if you want to make more money, try to become more valuable to your company, your customers, and your society.

  1. Give more to get more

Share your wealth. Take from 5-10% of your income to help others. When your share your wealth, it doesn’t make you poorer, but it can help others overcome the difficulties ;).

And the more you give, the more you receive.




Published by Oanh Nguyen

Be kind. Be happy. Be present.

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