Welcome to The Money Gym book!
My name is Nicola Cairncross and in 2003, I wrote this book to share everything I’d learned about how money works.
I’ve had some great mentors who have taught me a lot about getting out of debt, building a business, creating a passive income online, property investing and the stock market. I’ve taught myself about internet marketing.
While I started out at age 38 completely clueless, everything’s changed for me now. It happened really quickly too, once I started taking responsibility for my own life!
Then, In 2010, I re-wrote parts of the book to take into account the changes in the property market. It’s now time to rewrite the Stock Market section to take Cryptocurrencies into account and also the Internet section because everything has completely changed there too. First we saw websites and email marketing, then came blogging and social media and now, well it’s all changed again!
This blog is where you can find those re-writes first. If you want to keep up to date with all new materials as I add them to this blog, just click here, download the existing book free of charge and I’ll update you every time I update this website.
My Bold Promise!
If you follow the Money Gym book step by step, if you do the exercises included, if you read the books recommended and then TAKE ACTION, within 90 days you will have dramatically improved the way you think about money, interact with money, and feel about money forever.
I will go even further: If you do all this, you will also find that you will start to make more money, keep more money, make money while you sleep and make your existing money work for you. You will feel more confident about the decisions you make and feel so much happier about your financial future than you ever have before.
How can I possibly make this promise? Because it happened to me. It’s happened to many, many Money Gym clients. And now, it could happen for you. So let’s get started on the first chapter!
Why Do We Bother With Financial Discovery?
Are you one of those people who earn well but doesn’t know where your money goes every month? Perhaps you make money for your company or boss but yearn to be self–employed. Do you ever get the nagging feeling that your money should be working for you rather than you always having to work for your money?
You’re not alone!
That was me in 1998, just a few years ago. I used to gaze at my wage slip willing it to change, willing the net sum earned to get bigger, as if by magic and willpower and wishing I could MAKE it grow. I sensed that there was more to this ‘money business’ than met the eye. It was almost as if there was a secret key, that I didn’t have, to unlock the answers to money management and wealth creation.
So… would you like the good news or the bad news first?
The good news is that people who can ‘handle money’ have access to a few key pieces of knowledge that many people will never know. Perhaps they learned these tricks from a family member, taught themselves, or just ‘knew it in their bones’. However they came by it doesn’t matter; you’re going to learn their tricks too.
The bad news? There’s no secret key or magic wand.
Sorry. You will have to stop waiting for that knight in shining armour, windfall or lottery win. If you really want things to change for the better, you will have to take some action and, little by little, start to change your beliefs, behaviours and attitudes around money.
SO WHY DO IT AT ALL?
The first important thing is to find out where you are now with your finances. You also need to dig deep and find your motivation. You can pay any number of experts to help you out, but at the end of the day, it’s down to you. No–one will EVER care as much about your financial well– being as you do.
Just think about how it would feel to:
- Work just because you want to
- Make confident financial decisions
- Never have to answer to anyone againHow great would it be to:
- Listen to the news knowing that you are unlikely to be affected by redundancy
- Make life choices based on other criteria than whether you can ‘afford’ it
- Feel strong and supported with a financial cushion behind you
- Give back to your community in some way and make a difference
Write down how you would like to be living your life, on a Tuesday in two, five and ten year’s time. Write down where you are, who you are with and what you are doing from the moment you get up to the moment you go to bed. Is it compelling enough yet?
If not, go back to it again and again and build a vivid and specific scene. See your life when you are a success, feel how you feel, smell the smells and specifically, feel the emotions, the joy, the happiness and above all, the gratitude.
Here are some questions to get you started:
- Where do you live?
- What do you live in?
- Who are your friends?
- What hobbies do you have and how often do you do them?
- What do you do for personal fulfilment?
- Describe your relationship with your significant other / children.How much time you spend together and what do you do together?
- How many hours a day do you work?
- When do you work?
- What do you do when you are working?
- What are you responsible for?
- What are your clients / customers like?
- Describe your work environment
- Talk about your team (nobody makes it alone by the way)
- What about what you do makes you proud?
- What time do you wake up?
- How, where, what and with who do you spend the morning?
- How, where, what and with who do you spend the afternoon?
- How, where, what and with who do you spend the evening?TIP: If you struggle with this exercise, one of the most important in the book, it sometimes helps to reverse the questions and start with what you don’t want!
Thinking of skipping this exercise? That’s the first hurdle most people fall at.
Many people read all the books and attend all the courses yet they never take action and wonder why things are just the same. The first step to taking action in the big wide world is to do the exercises in this book.
So, if you think that this step is pie in the sky and can be bypassed, be warned; if you can’t be bothered to do this properly, you will probably never be able to create financial abundance for yourself.
Successful people take the time to create powerful visions for themselves. It makes the goal setting so much more fun and takes away the need for ‘self–discipline’.
‘Once you define your ideal day, you’ll immediately find being more aware of your priorities puts things in perspective. Focusing on a brighter future, like your ideal life, pulls you towards it. Focusing on an ideal future relaxes the mind and helps you to respond correctly (not react) to whatever situations come your way’
Rich Schefren ‘Your Business Blueprint’ www.StrategicProfits.com
As I spend most of my waking life involved with money, finance and wealth creation in some shape and form, it was inevitable really that I would eventually meet Nicola, which I did in around 2001. I am proud to say that we soon became firm friends and colleagues, co-mentors and support coaches for one another.
So when Nicola asked me to write the foreword to this book on the Money Gym I, of course, immediately said yes.
So I sat down to write and unusually for me I got stuck. The responsibility for writing for myself – which I do copiously every single day – is quite different to writing something for somebody else. I struggled with creating a fantastic opener – should I go for a quote from Shakespeare – or perhaps something more contemporary, surely Kiyosaki at the least?
And then it dawned on me – I should just it tell it like it is, so here goes.
This book is partly about Nicola and her journey through wealth creation but more importantly for you as a reader, this book is a template for anybody who wants to create wealth, as it takes you through all the major steps you need to follow.
I have seen many people in my wealth creating career and the vast majority of them are frightened by money and how it impacts their lives – it is the universal excuse for lack of action – what balderdash! What stops people taking action is the fear of moving out of their comfort zones combined with the lack of belief that change will produce results for them.
So to help you address that, this book will tell you the path to take and what to do, hence eliminating many of the fears and challenges you are wrestling with. You don’t have to worry about the next step, you just follow the instructions, which are a logical and gradual flow through the financial intelligence arena.
So this book is a guide, and a helper: it is a route map and an action plan; it is a work book and it is an emotional support. It ensures that you set and follow a targeted action plan which is specific and relevant to you.
Nicola is a brave and abundant woman, who has been through her own, sometimes difficult, wealth journey, but having learned the lessons herself she now gives generously of her time, beliefs and energy to me as a friend and colleague and to all who encounter her – including you! There is no better teacher and mentor than Nicola and I am sure that whatever your financial ‘challenge’ there will be some guidance in this book for you now.
With Nicola’s help, this book will help you break through some of the traditional and ‘accepted’ limitations and boundaries to financial intelligence and take you through many exciting topics such as financial flows, compounding, and investing – I am excited by that even now despite many years of financial awareness and freedom in my own life and I am envious of you if this is new to you – what a fantastic journey you have – and there is no better guide for you than this.
This book not only says you can… it shows you how!
Gill Fielding, Star of Channel 4’s ‘Secret Millionaire’