Day 2 of The 14-day Passive Income Challenge - Keep the money out of sight - Chaim Ekstein

[Music] welcome to day two of the 14 day passive income challenge my name is ryan maxton and i'm super excited to be with you today we're going to talk about keeping the money out of sight how do you save money and not be around the money that can cause you to spend it when you don't want to spend it keeping the money out of sight let's face it we're all addicts we're addicted to spend money let's face it we have so much noise around us begging us asking us give me your money all the media what is the media doing the sitting and brainstorming spending millions and billions of dollars brainstorming how they can get into our brains how they can get into our minds and having us decide to spend our money with them that's exactly what they're doing so how in the world can somebody like me be successful against such big giants and the answer is we can't we have to treat ourselves to get the discipline we need in order to be successful at our passive income foundation the same as you understand if you decide to go on a diet and you are addicted to sugar you're addicted to having a lot of sweets you're not gonna go around with the shopping cart in the supermarket on the isle where all the sweets are and going back and forth and back and forth and back and forth that makes no sense only a fool would do that and same thing when it comes to money if you don't have what it takes to save money you have to do whatever it takes to stand away from money not to see the money keep the money out of sight you save money have it in a different bank account maybe you bank a chase put the the money in a different bank account i would even tell you to try not to have online access to the money try if possible so some some banks nowadays force you to do it all i'm trying to do is not to don't have the option of giving one click and the money is transferred back i don't want you to log on to your bank account and all of a sudden all the numbers that you have should jump out at you and then you remember oh my wife told me that she needs a new couch oh my daughter told me that she needs this electronic device that's dangerous for you you have to keep it out of sight ira is a good example of that 401k is a good example of that overfunded life insurance if structured properly could be a good example of that the main thing is try to focus for anything you do in your passive income life foundation to have the money out of sight which will help you to attract the proper funds that you need in order to accomplish your passive income life foundation goals thank you so much for including me in your passive income journey i'm looking forward to being with you throughout the whole 14 days passive income challenge you