We have all heard the sayings: “Money is evil!” or “Money doesn’t grow on trees!” and “Rich people are bad!” For some, these sayings make up the foundation of their financial beliefs. So what is the truth? Is there a way to make money work for you? Join, Boron Capital CEO and Founder, Blake Templeton as he helps to navigate the truth through the Bible and teaches the six principles to creating wealth.
We have all heard the sayings: “Money is evil!” or “Money doesn’t grow on trees!” and “Rich people are bad!”
For some, these sayings make up the foundation of their financial beliefs.
So what is the truth? Is there a way to make money work for you?
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Key Takeaways:
Common beliefs about money (1:12)
The truth about money in the Bible (3:34)
Does God want you to have wealth? (5:13)
First principle of creating wealth (8:11)
Second principle of creating wealth (9:22)
What we don't hate, we tolerate (9:42)
Third principle of creating wealth (11:09)
Fourth principle of creating wealth (11:58)
Fifth principle of creating wealth (13:36)
Where do you invest? (14:05)
Sixth principle of creating wealth (17:59)
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Money is evil, it doesn't grow on trees. And actually, rich people are bad. If this has ever been your mindset, it's time to shift. It's time to change the way in which you think, because the reality is, is God's created you for a purpose bigger than yourself, and it takes money to fund that purpose. Join me today as we actually navigate the truth of the Bible, and create exponential wealth.
Hey, my name is Blake Templeton, CEO of boron capital and your hosts in The Solomon Investor Podcast. It is here that we teach on investing business and financial literacy so that you can create exponential wealth today. If you're looking for information, like a roadmap to get out of the rat race, to have financial freedom to build wealth, have a legacy and live for a purpose bigger than yourself, hit the subscribe button. I put out episodes every single week to help you do just that. Also hit the bell icon that will help you be notified every single time a new video comes out. Please let me know in the comments what questions you have about the economy. Look, it's crazy out there. There's a lot of things going on a lot of volatility. Put your questions below and I may answer them on a future video. It's a common belief that rich people are bad, and money is evil. But where did it come from? Like, where did it actually come from? I would love to know what your parents actually told you. Even just through the inferred language, or even what society has told you like what what rules have you actually taken in, you know, the idea that money doesn't grow on trees. I mean, sometimes that could have just come from your dad working really hard. He was a hard worker, he was loyal to the core. And he's like, man, hey, you had a house at home, look, money doesn't grow on trees, you're gonna have to actually, you know, be more cognizant of, of money. And but you could have taken that to mean, like, you know, it was a scarcity, there wasn't very much of it. So that could have sent you into the mindset that I have to go get tons of it or, you know, to, to hoard.
For the majority, it was the hoard. It's like, as you grew up, when you got money, you hoard, because hey, there may not be money in the future. And I'm not sure if I'm going to have enough. And so unfortunately, when we hoard, it shrinks our thinking, it loses the creativity that God gave us. And it keeps you from actually having abundance, because you're trying to hold on to what you got the idea money is evil, that literally could have come from your parents saying their society seeing someone have a lot of money. And unfortunately, they didn't have a good foundation, they didn't have a good identity. And unfortunately, money took over. And so we saw the result of the money. And so it's like, hey, the guy's been married three times is continued to get divorce or, I mean, look how the bad stewardship of money is being used. But we tie the money to the person, and we decided it was a person's evil and look what was right there along with it, it was the money. So then money is evil. And the idea that money doesn't buy happiness that literally could have come from us just seeing the result of someone trying to buy happiness. Maybe it's all the possessions it's the cars, the houses, it's the alcohol, it's the drugs, and literally, they're trying to get the dopamine hit. They're trying to get the hit, and it's not happening. And then we see their family, you know, unravel. And so we realize, man, look, money's bad, because you know, it can't buy happiness. And look, they're trying to buy happiness, and it didn't work. The good news is we know absolute truth, and it's found in the Bible. Let's take a look. First Timothy 610 says, For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many griefs. So the reality is, it's the love of money, the love of money, that's the root of all evils. This is a paradigm shifting belief, the love of something, the love of money, is the root of all evils, the love of it. So when you understand that I don't care when you turn that to become who your whole identity is about, then everything all the fiery darts the enemy are able to come in God actually created money and he created it for his people to utilize it, to deploy it to actually create legacy. Let's take a look at Deuteronomy 18. But you to remember the Lord your God, it is he who has given you power to make a wealth in order to confirm his covenant, which he swore to your father's as it is this day. This is back in the Old Testament in a time when God had blessed the people. They'd forgot about God and actually turned back to all their Earth. earthly idols. So what God's saying here is, look, I created wealth. Don't forget when I bless you, and I actually give you wealth, that don't forget that I'm the one that did it. Because if you forget that I'm the one that did it, then you'll go become your own idol. And then the love of money will actually grip you and grab you and take you down the wrong path. But the truth is, God wants you to have wealth. See, most people don't have the capacity to actually handle wealth. So in your investments, they start stewarding them subconsciously in a bad way. Or as they're in the stock market, and the money's upside down, they start saying, hey, it's okay. And all those bad rules about money, start infiltrating their system. The reality is, you're created to have wealth you're created to have all your debt paid off, you're created to actually go live for a purpose bigger than yourself, you're created to go change the world, money is good, God created it, and he wants you to deploy it, and to go change the world with it. Many believe that to be rich, you had to either be born into money, or you had to win the lottery, the truth is 80% of all millionaires are self made. And 93% of everyone that has won the lottery. After they got the money, they spend it all and then became broke once again. Why is that? It's because they had poor disciplines that ran their nervous system that poor disciplines on wealth. You know, I remember back in 2006, I had dropped out of college without a penny to my name. I literally knew at that point, I want to go start my own business, I want to go live for purpose bigger than myself. And it was the good money principles that actually allowed me to not have all the strongholds all the blockages.
And as I was building my business, and To God be the glory, I was making money fast, I was exponentially growing my wealth. I was seeing the people around me who were in my high school class or who were in college at the time. And man, I remember my second year in college right before I dropped out those octagon building and had eight floors. And I was on like the sixth floor. And I was walking around the building. And most of the people in this in this building were like their masters classes. And somehow I got into this building. And their doors were open. And all of them were playing video games. Like they're getting their masters. So this is like year five, year six, in college. And they're literally sitting on the ground. Like completely dazed out, just playing video games. And like, I remember that was the reckoning inside of me of like, Oh my gosh, you have to live for a purpose bigger than yourself, and the principles that they had for money, or that mommy and daddy pay for everything. I don't need money right now. And obviously, the continual progression of that doesn't work out very well. It's the principles of wisdom, directed in wealth. See, wealth is correlated with wisdom, no wisdom, no wealth, have wisdom, you have wealth. So let's look at the principles of creating wealth. Number one, expand your capacity for wealth by expecting that God wants to use you financially to bless others. It was my third year in business, I was 24 I was making more money than I've ever made making more money than my dad making more money than any of my friends possibly could have made. And I thought I was actually giving a lot of money away. Why because like, monetary number wise, for me personally, it was a good amount of money was 18 grand. So giving $18,000 away to different people. And majority that was like $100 bill here 100 our bill here amount like just blessing people, but on how much money I was actually making. It was 3% the amount of money I took in I gave away 3%. The reality is, every single day in every single way you grow stronger and stronger by stretching your capacity. So number one, stretch your capacity of giving, the more money that you can actually give the more you see direct change in other people, the more you'll realize subconsciously you got to make and it begins to align all your money rolls. Now number two, get very clear why you are created. This is paradigm shifting for most people because most people don't know why they're created. My question is for you. Do you know why you're created? Like what's the purpose that you're created? What's the purpose you're put on this earth for most die with their dreams locked inside of them. Malcolm X said, what we don't hate. we tolerate there's something called situational gravity. There's situations And there's gravity, and everything is pushing in around you. And if you don't hate average, if you don't hate living for no purpose, if you don't hate settling, what ends up happening is Michael Gerber, who wrote the book email says, the natural condition of man is to fall asleep and become machine, you begin settling, having smaller dreams or no dreams, you begin settling on making less money, you begin settling on being average, or sometimes unfortunately, even below average, the moment you begin to settle, you start settling on your joy, you start having less joy, or settling your purpose. Sometimes you just say, you know, I don't have a purpose. I just have to keep doing and doing and doing with no actual intentional purpose. You started settling on your finances, you start saying it's okay to make less, you started settling on your dreams, maybe I don't have dreams or they become very, very small or very distant. And last you begin settling on your investments, even when they're losing money, you actually settle and say it's okay. Look, I'm declaring over you right now you are created for a powerful purpose. It's bigger than yourself. When you get clear on what that specific purpose is, you'll realize why God loves blessing his people with wealth. Number three, live below your means one may say you know what, live life to the fullest. Life's too short not to experience everything life has to offer. Look, and I agree, but not at the detriment of spending all your money and not having any money to invest for your future.
The realization is if we start believing right now that you're created for something bigger than yourself, if you start believing right now that financial literacy is so important, remember, wisdom is correlated with wealth, then we will start putting money back every single month, not in our savings account in our investment account. Because it's time now to build exponential wealth. And we do that by being intentional day by day, and actually putting money back. Number four, pay off bad debt. This one's so important. Let me tell you a story. So I had a client named Benny that he was a millionaire. And he's like, Hey, I'm gonna invest 250,000 with you. And as we start looking into his current portfolio and his liabilities, I realize he's got 95,000 in credit card debt at 18%. And yet, he's wanting to invest 250,000. With me, I'm like, Benny, let's call timeout, let's cut the emotions. The realization is you can't have 18% against 95,000. And then try to make 18%. Over here, even if you were to make 18%, which is really good on return on investment, you're literally these two are just literally washing each other out, and they're not really fully washing each other out. Because the credit card debt still has the actual debt against it. So you're not even getting rid of the debt. And actually, that interest can still go up. So unlike Binney, you've got to actually pay that debt off like to build wealth, you have to get rid of your debt. The faster you get rid of your debt, the faster you'll build wealth. Now, a poor man's game is to actually keep the debt and then try to build or keep the debt and then save money.
What know the money you're saving, pay off the debt, get out of debt, then you have a lot more money to put toward your investments and then exponentially compounds faster. So pay off bad debt. Number five, start to invest. Robert Kiyosaki says that savers are losers. Why is that? Well, it's because to be honest, inflation is eating at the absolute core of your savings. You know, it's really hard for someone in the middle class to actually ever save enough for retirement, because the money that's actually being saved isn't making anything, and then inflation is going up, which in turn, what that means is it's actually eating at your current savings. So the question is, where do you invest? Number one, invest with a multi millionaires invest number two, specifically in funds with three d investments, 3d and investment is that three dimensional investment? This comes from the ancient well, strategies of King Solomon from 3000 years ago. It's really a new ecosystem for today, because no one does it except the Uber wealthy, but the three dimensional investment, dimension number one, God directed. dimension number two, is actually controlling the asset. in stock market, Bitcoin, gold, these areas, you actually can't control it. And still have the third dimension, which is exponential wealth, cash flow, equity appreciation, tax benefits. three dimensional asset is where the Uber wealthy invest, and you can too. Number three, where an expert is managing and operating the investment for you, you know, speaking at an event, I was doing a q&a afterward. And the majority of questions that kept coming from all different directions were focused on one single myth. And that was you had to have millions to invest like a millionaire. Now, whether you're a millionaire or not, it's kind of relevant at the moment, because the truth is, there are lower minimums in 3d investments that you can invest into today, without being a millionaire, or having millions to invest. The key to investing like the Uber wealthy is financial literacy. Remember, wisdom is correlated with wealth. So text Solomon, to 31 996, I want you to actually pull out your phone, and text Solomon to 31 996. I don't know how much money you have. And I don't know where you are in your cycle. But I promise you, you too, can build massive wealth, you just have to start. So take Solomon 231 996. And this will begin the conversation to see if you qualify for a 3d investment right now, when you send me that text, it'll begin that conversation. And what I want you to do in the actual comment is just simply put, do I qualify, then we'll begin that conversation now see if you're a good fit for a 3d investment right now, this is the season for financial independence. And it comes from financial literacy. Ray Dalio, who runs the world's largest hedge fund says that this next decade is going to be called the lost decade, because the stock market is so upside down, it's so overvalued, in monetary policy three, the Fed pumped so much money into the stock market, that the revenues of the companies are so upside down, they won't be able to catch up. Which means there's going to be inflation running through the economy like a tornado. So financial literacy is everything. And though the majority will have super hard time, this next decade, you don't have to be a part of that. Because you can take financial literacy today and go do something with it, you must first learn about investing in commercial real estate, the private market, to be exact. This is where the majority of wealthy people have made their money. And it's widely available to you and I if we just had the financial literacy, this is your time to listen to podcast, listen to YouTube videos, purchase, pay for speed, by education, by investment education, this is the season for you to actually take your wealth to a whole nother level. Remember, wisdom is correlated with wealth, get more wisdom, get more wealth. Number six, build your financial blueprint for your purpose or your legacy. Your cause or joy in giving back your future retirement, it's time to actually build your blueprint to actually get very clear on why you actually want more money.
You know, the idea of not having enough money at the end of the month, and wanting more money but not having clarity on how to get it. That's a problem. But it's just as much of a problem if you actually have money, or have at least some money to invest. But you actually don't have good rules on giving, or you don't have good rules on your future retirement. The reality is you've been created again for a purpose bigger than yourself. God loves blessing his people with wealth and wealth comes in abundance like an avalanche to those who can steward wealth. So grow your capacity right now. This is the season to grow your capacity in one way you do it is built out that blueprint building your financial blueprint will help you actually one stretch your capacity to realize there's more for you, too, will help you realize that you have more to give you actually have a purpose down deep in your soul to live for. You have something to leverage to actually give more money to you need to actually have a burning passion, like a strong conviction. Like man, I want to give more to those people. I want to give more to that organization. I want to go do more with money. When that pain comes inside of you, you then literally believe what clearly there's a way to make more because I see hear, feel and know what I want to give and what I want to do with it. Remember God loves blessing his people with what A city doesn't get built in one day. So as one legacy, it's time to start now. No matter where you are in your financial spectrum, it's time to take it to a whole nother level. Start today, take these six steps of action, and put that plan to work. As always, I'm on a mission to help you get out of the rat race to help you live out the lifestyle you've been dreaming of to have financial freedom and deliver a purpose bigger than yourself. Therefore, my team and I are putting out videos like this every single week. So if you have not already hit this subscribe button, hit the bell icon. So to be notified every single time a video comes out. And if you got something out of this video, if there was something of worth in this video, hit the like button, smash that thumb and turn it blue helped me get this message out to more people just like you and to get insider access to advanced videos I don't put on YouTube and to see behind the scenes inside our actual investment offerings to learn to gain financial literacy and wisdom to see exactly how they work. Text Solomon to 31 996 again, text Solomon to 31 996, that will begin that conversation and I can actually begin giving you that those details. The Insider access again, text Solomon to 31 996, and you will become a Solomon Investor Insider. As always, I am praying for you, us specifically, I'm praying for wisdom.
I'm praying for favor, and I'm praying for a double portion of wealth in your future investments. As always, the Solomon Investor Podcast signing out to your success be great.