4. Become a failure
Most of today’s millionaires and billionaires lost large sums of money at one time. In fact, many of them lost a lot of money over and over again. Failure is often a prerequisite to massive success. Don’t look at failure as a bad thing. See it as a learning experience to make you more successful.
5. Don’t listen to limiting beliefs
Whether it’s other students, faculty members, athletic coaches or anyone else, whether well-intended or not, don’t listen to people who tell you that you can only make so much money doing whatever it is you want to do. By using creative thought and solving problems that people need solutions for, and by creating so much value in the marketplace, you can earn as much money as you desire.
6. Live small but dream big
College is the perfect time to value frugality while drawing inspiration from your wildest dreams. While you must live below your means for a time, use logic to dictate your thinking and emotion to motivate you.
7. Know that you are now responsible
Hopefully your parents taught you fiscal responsibility. In the past, you probably knew they were always there to help you out. But now you’re most likely on your own when it comes to money. So remember, it’s up to you to make smart choices about your money.
