3 Things That Are Keeping You Broke That You Must Stop Today
Myron Golden
1.43M subscribers
1.28M views · 5 months ago
JUST GET RICH FIRST | 3 Things That Are Keeping You Broke That You Must Stop Today Most people are trying to fix their financial situation by doing more—more work, more effort, more hustle. But what if the real problem isn’t what you’re not doing… it’s what you need to stop? In this direct and practical message, Myron Golden breaks down three key behaviors that quietly keep people stuck in financial struggle. Before you focus on building wealth, you have to eliminate the patterns that are preventing it. The core idea is simple but urgent: If you want to get rich, you must first stop doing the things that keep you broke. You’ll learn: Why certain habits silently drain your income and opportunities How mindset patterns keep people repeating the same financial cycles The difference between being busy and being productive Why avoiding these mistakes creates immediate financial progress How small daily decisions compound into long-term results The mindset shift required to move from survival to wealth-building Biblical principles behind discipline, stewardship, and increase This message will help you identify what’s holding you back, eliminate what isn’t working, and create space
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In short
Myron Golden lays out three habits he says keep people broke: performing wealth before you have it, buying big things prematurely, and rewarding yourself with vacations and celebrations before you've produced. He draws his "financial house" diagram (income window, outgo window, wealth-reducing liabilities window, income producing asset window) and uses his own numbers, including $81,000 a year from a book written in 2006 and $180,000 from the Boss Moves funnel, plus the story of losing a $1,027,000 house in the recession. He closes with three questions to audit your own spending and one production question for the week.
Chapters
Key points
- 01
Poor, middle class and rich windows
Poor people think money's purpose is to pay bills, middle class people think it's to build credit so they can buy what they can't afford, and rich people focus on the income producing asset window.
- 02
Stop looking rich before you are
Performing to look wealthy postpones prosperity permanently; if you make under six figures, Louis Vuitton shoes and a used Mercedes are money stupid.
- 03
Assets pay you years later
His Trash Man to Cash Man book made $81,000 in the last year for work done 20 years ago, and the Boss Moves funnel made $180,000, with no ads run to either.
- 04
Premature purchases wall off wealth
Every major purchase you make before you're rich, whether house, car, degree or wedding, is a wall between you and the wealth you're seeking.
- 05
He lost the house he bought too soon
Making $100,000 a month, he took on $3,300 in car payments and an $8,400 mortgage, then sold a $1,027,000 house for about $636,000 when the recession hit.
- 06
Produce before you play
Buying vacations and celebrations to anesthetize the pain of a struggling life is borrowing from a future you'll never have.
Lines worth keeping
“Hard work is not the key to success. It's the key to exhaustion.”
Sets up his whole argument that order matters more than effort.
“If you make more money you'd just be broke at a higher level unless you change how you think about money.”
The core reframe: perception about the purpose of money, not income size, determines wealth.
“I never spend the mama money. I only spend the baby money. I only spend the money my money makes me.”
His simplest rule for protecting capital that could be compounding.
“Money controlled me way more when I didn't have any than it does now that I got plenty.”
Answers the objection that chasing money makes it your master.
“If you need a vacation from your life, the problem isn't your life. The problem is your order of operations.”
Ties the third habit back to the theme of doing first things first.
What to do next
- 1
Redirect a portion of every dollar you earn into your income producing asset window.
It does nothing at first, but eventually that window pays your bills, your debt and your lifestyle.
- 2
Postpone the performance: stop buying status items before your assets can pay for them.
Performing to look wealthy postpones prosperity permanently.
- 3
List what you bought in the last two years before an asset was paying for it.
Not so you feel bad about it, but so you stop doing it again.
- 4
Calculate what percentage of your spending goes to assets versus wealth-reducing liabilities.
Liabilities make you look rich while they make you become poor.
- 5
Name the one thing you will do this week to actually generate a dollar and make a sale.
Not preparing to generate a dollar or building a brand, but actually producing.
Mentioned in this video
- BookFrom the Trash Man to the Cash ManHis book written in 2006 that made him $81,000 in the last year with no ads run to it.
- BookBoss MovesBook written five years ago whose funnel made $180,000 in the last year.
- PersonSam WaltonCited as the richest man in the world who drove a beat-up pickup truck and cared about being rich rather than looking rich.
- ScriptureProverbs 24:27Quoted as the 3,000-year-old instruction to prepare your work in the field first and afterwards build your house.
- ScriptureMatthew 6:33"Seek ye first the kingdom of God" is presented as God's formula, with money and possessions as the bonus.
- PersonBill GatesNamed as the wealthiest person, with Walton's wife and five children ranked second through sixth after his wealth was split.
- ScripturePhilippians 2:5-7Used to make the point that Jesus knew who he was yet made himself of no reputation.
This video answers
- ?Why doesn't making more money make you rich?
- ?What is the difference between how poor, middle class and rich people use money?
- ?When is it okay to buy the dream car, dream house or take the big vacation?
- ?How do assets like books keep paying years after the work is done?
- ?What should I do this week to start getting rich in the right order?
? Ask this video
Answers come from this transcript only
Ready-to-post clips
Picked from the transcript · grow every other platform from this one
- YouTube Shorts13:33–14:24 · 51s
“This book made me $81,000 last year. I wrote it in 2006.”
A concrete, verifiable number attached to a 20-year-old asset makes the abstract idea of passive income undeniable.
He wrote one book 20 years ago. It paid him $81,000 last year.
- Instagram Reels4:35–5:20 · 45s
“You don't get rich by making more money.”
It flips the most common assumption about wealth in one line and lands a memorable reframe about the purpose of money.
More money won't fix it. You'll just be broke at a higher level.
- TikTok23:57–24:42 · 45s
“I was making $100K a month and one recession wiped me out.”
A raw, specific failure story with exact dollar figures from someone who now teaches wealth builds instant credibility.
$8,400 mortgage, $3,300 in car payments, then the recession came.