1. Wage earning NOT wealth building?
Don’t just earn, but make your money earn for you…whether
it’s a house, a business, stocks, bonds or a savings account –
do it and do it, as soon as you can, since you never know
when you won’t be able to work any longer.
2. Waiting for a crisis?
Take responsibility for your wealth and debt, NOW. If you wait until someone
whom you rely on for support gets sick, whether it’s yourself, your family, your
husband or even your employer you are far less likely to have GREAT options. Not
to mention you’ll be in a terrible state to make smart decisions. Remember, don’t
work hard, work smart!
3. Thinking someone will save you?
Whether it’s your employer’s compensation package, government unemployment,
an insurance settlement, or a scratch card fantasizing about your finances getting
fixed by a force other than yourself is just that…a FANTASY.
4. Thinking you’re alone?
You may not want to talk about your financial concerns with your usual support
network, so find one. Whether it’s a community group, a financial advisor, a friend of-
a-friend whom you admire, your local banker or the result of a Google search
there are people, places and resources out there to support your success practically
5. Commitment issues?
You want it to work out well? Be financially successful? Overall, be successful? Just
wash, rinse, and repeat these steps, no questions asked at all times a) Make a start,
b) Keep going, and c) Never give up. Sometimes your fiscal follies have very little to
do with your ability to understand what you ought to do, but rather with your
ability to actually do them. Make the most out of your life and your life-long
earnings. Be honest with yourself, take ownership of your circumstances and get
help if things don’t change. You wouldn’t go to a plumber for advice about brain
surgery, after all, so don’t think it strange that you might need some outside
support to manage money. No person is an island.
6. Needing a lot to start?
Any amount you can start putting away is good. Whether you use automatic
transfers to a savings account, or a jar keep going until you have 6-8 months living
expenses covered then with compounding you’ll be amazed what you can turn that
into…you just got to get that snowball rolling for you!
Taking charge of your finances enriches you financially, emboldens you personally,
and endows you with enormous clout. When you combine your funds with others,
whether it’s a charitable donation, political contribution, or self-enriching
investment, YOU have the ability to manifest widespread change with your change!