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Laws of Money

Portrait: James Salmons

Dr. James G. Salmons

The Essential Laws of Financial Success

Dr. James G. Salmons

The ten Laws of Money are the culmination of years of study and research. After exploring all the best information available in the world today about personal achievement and especially financial success, I gathered all the information together and organized it into fundamental areas of importance.

I formulated these laws to include in summary form the totality of what I have learned about money over years of study to help me teach others how they can be successful with money..

Every word is packed with meaning, so take time to read and think through the articles associated with each of them. If you do you will have a clear and powerful understanding of financial matters and how money really works in your own life.

Many people look for simple advice about financial decisions. My approach is to teach people what they need to know to make good decisions for themselves. That is what these laws, and in fact this whole site, are all about.

Law One: THE LAW OF EXPECTATION

All individuals have a potential for prosperity and financial freedom when they expect and plan for them.

Read the article The Most Important Fact You Need to Know About Success With Money now.

Law Two: THE LAW OF COMMITMENT

Money is a trust that we must choose to manage wisely, productively, and honorably for our own good, for our families, and for others.

Read the article Learning to Respect Money now.

Law Three: THE LAW OF CONTROL

While each of us has a potential to live prosperously in constructive control of our financial affairs, this potential becomes a reality only when we live in harmony with proven principles of financial success.

Read the article Three Practices That Will Virtually Guarantee Your Success With Money now.

Law Four: THE LAW OF MANAGEMENT

Asserting control over our financial lives requires us to manage our personal finances as we would those of any important business, utilizing basic management skills such as goal setting, planning, organizing, record keeping, allocating resources, evaluating, and decision making.

Read the articles Discover the Inc. Principle, Part I and Discover the Inc. Principle, Part II now.

Law Five: THE LAW OF FINANCIAL FREEDOM

Financial independence is not generated by temporary levels of wealth or income but by setting correct priorities, exercising self-discipline in financial decisions, living debt free, effectively managing resources, and claiming it as a personal emotional and mental attitude.

Read the articles Financial Freedom, Part I and Financial Freedom, Part II now.

Law Six: THE LAW OF PRODUCTIVITY

Each of us prospers in proportion to our productivity as we increase our moneymaking skills and direct them toward long-term personal benefits.

Read the article The Secret to Prosperity now.

Law Seven: THE LAW OF SELF DISCIPLINE

Prosperous people do honest work for their money, expect fair compensation for their work, and understand how money works in the real world.

Read the article Financial Success in the Real World now.

Law Eight: THE LAW OF ENTHUSIASM

Becoming a productive, effective, and prosperous person can and should be a lot of fun.

Read the article Have Fun With Your Money now.

Law Nine: THE LAW OF PATIENT PERSISTENCE

Success with money requires persistence and patience as much as it does knowledge and skill.

Read the article Persistence and Patience, the Hidden Powers Behind Financial Success now.

Law Ten: THE LAW OF TRUE WEALTH

Real prosperity is measured as much by how we use our money as it is by how much we have.

Read the article Who Doesn't Want to be Wealthy? now.

©Dr. James G. Salmons

 
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