In this episode of Money Grows on Trees: the Podcast, Lloyd Ross delves into the critical concept of creating and adhering to personal money rules. With insightful analogies and compelling examples, Ross emphasizes the importance of establishing guidelines to shape one's financial decisions.

Your Millionaire Money Mentor poses two crucial questions: "What are the key components of effective money rules?" and "Why should you pay yourself first?" Listeners will learn the answers to these questions and gain a deeper understanding of how setting clear, personal money guidelines can pave the way for financial success and stability.

Furthermore, Lloyd discusses the decision-making process in business and investment, sharing valuable insights that resonate with listeners' personal financial journeys. By exploring these topics, listeners will gain new perspectives and practical advice to guide their financial decision-making and improve their financial IQ.

Tune in to discover a profound moment when Ross reveals the impact of establishing personal money rules and imparts invaluable wisdom. Don't miss out on this empowering episode that can transform your approach to managing money and set you on the path to financial freedom. Join us again on the next episode of Money Grows On Trees: The Podcast.

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In his early twenties, Lloyd's financial journey took a pivotal turn when he immersed himself in "The Snowball," an in-depth biography about Warren Buffett—one of the world's most successful investors. By age 25, Lloyd made his initial foray into the stock market, and by the age of 37, he accomplished his first significant financial milestone, amassing a Million-dollar portfolio without relying on debt.

Inspired by the transformative impact of "Rich Dad Poor Dad," Lloyd, along with his wife and older sister, ventured into a lucrative side hustle. Together, they share their knowledge, teaching others how to cultivate their Money Tree. Within a few months of reaching his initial goal, the side hustle evolved into a thriving venture, generating seven figures in revenue. Now, Lloyd is set to embark on creating another Million Dollar business.

Join Lloyd on his mission to empower everyday individuals to achieve their financial aspirations by exploring his insightful books at www.moneybuyshappinessbook.com.

Stay updated on Lloyd's financial wisdom by subscribing to his Weekly Newsletter: https://bit.ly/3lHzsYs

Connect with Lloyd on Telegram: www.lloydstellegram.com

Don't forget to share your thoughts by leaving a review, and you might just get a shoutout on the podcast: https://open.spotify.com/show/6pfOdzx9NCkDB287546c3r?si=813a418e449c444d

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The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.

This podcast is produced by: Phil Better Inc.