How Millionaires Think About Money (Hint: You’re Doing It Wrong)

Hey there,

You ever wonder why some people seem to attract money like a magnet while others can’t keep a $20 bill in their wallet for more than a day? It’s not just luck, and it’s definitely not just “working harder.” It’s how they think about money.

Most people? They trade time for money. Work 40 hours, get paid 40 hours. Spend $100, lose $100. That’s it. The end.

But millionaires? They don’t just see money as something to spend—they see it as something to deploy. Like little soldiers marching out into the world, coming back with more friends. Here’s how they think differently (and how you can, too):

1. They Play Offense, Not Defense

Most people focus on saving money. Clip coupons, skip the latte, live frugally. And sure, saving is fine, but it’s not what builds wealth. Wealthy people don’t just avoid expenses—they aggressively seek ways to grow their money. That means investing, building businesses, or creating multiple income streams.

Your move: Instead of just asking, “How can I cut expenses?” start asking, “How can I earn more?” Side hustles, investments, upskilling—get creative.

2. They Buy Assets, Not Liabilities

The average person gets a raise and thinks, “Nice! Time for a better car.” A wealthy person gets a raise and thinks, “Nice! Time to buy an asset that pays me.”

The difference? Liabilities take money out of your pocket. Assets put money in your pocket. Rental properties, stocks, businesses—these are the things that build real wealth.

Your move: Before you buy something, ask: “Will this make me money or cost me money?” Then act accordingly.

3. They Know That Time > Money

Broke people trade time for money. Rich people trade money for time. Why? Because time is the only thing you can’t get more of. They’ll spend money to automate tasks, outsource work, and buy back their time—so they can focus on high-value activities.

Your move: Identify one thing sucking up your time that you could outsource or automate today. (Yes, paying someone to mow your lawn can make you richer.)

Time to Level Up

This isn’t about wishing for wealth—it’s about thinking like someone who already has it. The sooner you start making these mindset shifts, the sooner your bank account will notice.

Your next step? Pick one of these strategies and put it into action this week. Small changes compound over time—and that’s exactly how the rich get richer.

Catch you at the top,

Tommy,
Banking On You