I’ll never forget when I first learned this concept of a “financial thermostat” from the great T. Harv Eker. It’s one of the most powerful ideas about how to measure your wealth... The Thermostat Concept When you go into a room with air conditioning, the temperature is kept within a certain range. Let’s say the room is set at 70 degrees. If you set the temperature between 68 and 72 degrees, and the air conditioning is on too long, the thermostat kicks in and it turns off. If it goes above 72 degrees, then again it kicks in and turns on the air. Your financial thermostat You have similar kind of thermostat range when it comes how much money you have in your life. There’s a low range – and a high range – for the amount of money you have coming in and how much you can hang on to. That's why many people in this industry who make hundreds of thousands of dollars every month would go broke pretty quickly if they stop producing that income, because they spend it as ...
Stair Way To Financial Freedom
