If you were holding a pen in your hand and let go, it would drop to the floor. This is because of gravity. We use gravity to get running water from a tap; and defy it when we fly in an airplane. Understanding what gravity is, how it works and its different manifestations makes it possible to predict what is going to happen, to defy it or use its force for our own benefit.
And so it is with “money.”
Like gravity, money has certain laws; it behaves in certain ways and its power can be harnessed and controlled. The key is an understanding of its laws.
There are two very definite skills that need to be understood, known and applied when it comes to the subject of “money.”
First is the skill of making money. This vast subject is covered in numerous books; you can make money on the stock market, through property investing, business and the countless different professions or jobs around the world. The ways to make money are immeasurable. While this book covers the investing aspects, it’s not a detailed text on the subject of making money.
This book is about the other aspect of money: It’s about the skill of controlling money. This skill is by far the most important of the two. Many people around the world and plenty of businesses, no matter how much money they made, have fallen prey to the ignorance that surrounds the subject of money control. The whole basis of our current worldwide economic turmoil has, at its roots, the mishandling of money.
Recently I have met many people who are financially very well off, they have investments and decent incomes, yet despite all of this they consider themselves on the brink of# financial disaster. They are worried about the economy, their investments and their jobs (and who wouldn’t when the media constantly remind you to be worried!) It’s a sad fact that there are some people who, despite their wealth, are in such fear of losing it, they can’t enjoy it.
What I’ve discovered, however, is when these people learn some of the basics of money, they become very calm and certain about their situation. Their concerns seem to disappear once they have an understanding of money and how to control it.
Through helping many people, from the “rich” to the “not so rich,” I have discovered this fact: The skill of controlling money is the missing link.
It doesn't matter how much money you make or have, if you don’t know how to control it, you can get into trouble.
I know people who have followed the advice of a friend or professional and lost money, yet an understanding of these basics would have prevented that from happening.
The less money you make, the more important it is to control money well. The more money you make, the more mistakes you can get away with, but if you continue to abuse money and violate its principles, it rarely forgives; you crash just as hard from a financial high as you would from a plane crash. Like the violation of the law of gravity, violation of Money Laws can bring you down.
This brings us to our first Money Law. Throughout this book the Money Laws will be highlighted as follows:

Two skills required of a person are the ability to make money and the ability to control money. Control is the most important of the two.

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