Are You Holding Your Money Hostage?

money-hostage-email200Riches may not bring happiness, but neither will poverty. When it comes to making money, you must use money itself. To bet on a horse is gambling; to bet you can come up with three spades is entertainment, to bet on cotton going up three points is business. You see the difference?


Most people have it all wrong about wealth in America. Wealth is not the same as income. Wealth is what you accumulate, not what you spend. The Good Book teaches us not to trust in money, but it does teach us to place it in trust. Money that is not moving is not money at all. Money is a seed to use in order to accumulate, but it cannot increase without movement. Nothing good can come from you holding your money hostage.

There is a lesson in the seed of a man. When a man emits semen into a woman, millions of sperms are discharged, but only one has the assignment of the production of life. You may still have that one thing you won’t release and it may be the very seed to increase your capacity.

People who are looking for the next financial miracle are those who have not planned or made provisions for their future. These people are literally playing Russian roulette with their lives. Are you?

The point I’m making, is finances and creating finances, is not a game. Through nutritional research, we’ve learned the body reflects the diet fed to the body. Physical stamina, resistance to disease, body size, even how long we live, is all closely related to what we eat. The body is what the body is fed. By the same token, the mind is what the mind is fed. Mind food is the countless things which influence our conscious and subconscious thoughts. The mental foods we consume determine our habits, attitudes, and personality. The mind reflects what its environment feeds it, just as surely as the body reflects the food you feed it. So, your belief about money may be the reason you don’t have enough of it.

Have you ever thought what kind of person you would be had you been reared in some foreign country instead of the United States?, What foods would you prefer?, Would your preference for clothing be the same?, What would be your religion?, What sort of entertainment would you like the most?

Environment shapes us and causes us think the way we do. Try to name just one habit or one mannerism you have, which you did not pick up from other people. The way we walk, cough, hold a cup; our preferences for music, literature, entertainment, and clothing—all stem in very large part from environment.

More importantly, what you believe about money, the size of your thinking, your goals, your attitude, and your very personality, is formed by your environment. If most of the people you spend your time with are financially broke, and they have no ambition to change their financial status, the likelihood of you living with that same mindset is at least ninety percent. If you hang around three broke people, you are sure to be the fourth.

There once lived a very wealthy man who was famed for his great wealth and his liberality. There were certain friends of his younger days who came to him and said: “You are more fortunate than we. You have become very rich while we struggle for existence.

You can wear the finest garments and you can enjoy the rarest foods, while we must be content if we can clothe our families in raiment that is presentable and feed them as best we can.

Yet, once we were equal. We studied under the same master. We played in the same games. And in neither the studies nor the games did you outshine us.

And in the years since, you have been no more an honorable citizen than we have. Nor have you worked harder or more faithfully, insofar as we can judge. Why, then, should a fickle fate, single you out to enjoy all the good things of life and ignore us who are equally deserving?”

The wealthy man said to them, “If you have not acquired more than a bare existence in the years since we were youths, it is because you either have failed to learn the laws that govern the building of wealth, or you do not observe them.”

There are no excuses for staying in the same predicament. Start your process of change by changing your attitude about money. Just like you learned about everything else you presently know, if you will just make a choice about money and how it grows; your financial situation can change in an instant.

Remember, all you may know is not all there is to learn. Learn to respect money and you will attract it.


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Recommended Reading:

I frequently say, “Readers are leaders and leaders are readers.” I strongly believe this statement; therefore, I have taken the time to recommend reading material that I believe will greatly benefit your life and business endeavors. Click the images to see more information or to order the books from Amazon.com.

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Job, Career, or Entrepreneurship

Have you ever said, “I need more money”? Before you spend another dime read what I have to say about creating more money.

Before You Spend A Dime On More Gas to Deliver Pizza for Extra Income, Read what I Have to Say!

“I need more money, and the only way I know how to get it without stealing, is to get an extra job!” said Fred.

Worrying about Money
Money Worries

I know how frustrating it can be when you have more month at the end of your money than money at the end of your month. Oftentimes, people are confused and unbelieving when it comes to creating ways to increase their income without having to get a second job or receiving a hefty pay raise. I am not saying that an extra job is not a viable option; I am simply pointing to the fact that there are other alternatives to increase your income without the added stress load. Besides this, employers are not passing out huge pay raises to people except to their top executives. Let’s face it; working yourself to death is not the answer for increasing your income. And, even if you were successful at increasing your income by working extremely hard and or having two jobs, you probably will not be around long enough to enjoy it. There are two ways to increase your income.
  1. You chase money until you have caught up with it, which makes you work harder.
  2. You learn how to attract money and make it work for you, and work smarter.

You make the choice. Get a job or create one.

There is a powerful scripture in the Bible that can unequivocally be a booster for one’s self-confidence, if they can believe it. This verse has empowered me to create the kind of opportunities to multiply my earnings by producing streams of income. This Bible verse does not pacify the self-helpless person because it places the ball in the individual’s court to produce actionable results to improve one’s income. For me, this is a self-help verse.

Deut. 8:18 But remember the LORD your God, for it is he who gives you the ability to produce wealth… (NIV)

Hundreds of millions of people have subliminally placed making money as some special gift that only a few exclusive heavenly endowed people have. Therefore, the person who accepts this philosophy as being true has already viewed their nominal salary as the motive to insert them in the average and ungifted category. This couldn’t be further from the truth. Rather people believe in their intrinsic ability to make as much money as they want to or not; based on this Bible verse, every human being has the impregnable gifting and right to create or produce wealth.

Playing dumb is not going to better your situation, nor is sticking your head in the sand to avoid the obvious going to make your financial woes disappear. People who think that they have money problems are sadly mistaken; their actual problem is not money, it is the lack of information and belief in their God-given ability to create wealth. In order to stop this infectious supposition from permeating the next generation, I believe parents have a responsibility to instruct their children and embed the belief in their psyche of their inherent ability to make and manage money, so that when they become young adults they are already ahead of the money making curve.

I both challenge and desire to change the way millions of people around the world think about producing and increasing wealth. There are viewpoints that often contradict conventional wisdom, mine is one of them. The first step to income multiplication is to believe that income multiplication is possible. Go ahead and take the first step. Then the inevitable will come into view.

Watch for my next blog post as I reveal FREE simple solutions to increase your income potential. #IR2BA (I Refuse to Be Average)

Recommended Reading:

I frequently say, “Readers are leaders and leaders are readers.” I strongly believe this statement; therefore, I have taken the time to recommend reading material that I believe will greatly benefit your life and business endeavors. Click the images to see more information or to order the books from Amazon.com.

[amazon_image id=”0973354933″ link=”true” target=”_blank” size=”medium” ]The ABCs of Making Money 4 Teens[/amazon_image] [amazon_image id=”1930388063″ link=”true” target=”_blank” size=”medium” ]Building Wealth from the Ground Up[/amazon_image] [amazon_image id=”1932531580″ link=”true” target=”_blank” size=”medium” ]Weekend Entrepreneur: 101 Great Ways to Earn Extra Cash[/amazon_image] [amazon_image id=”1930388179″ link=”true” target=”_blank” size=”medium” ]Unexpected Treasures[/amazon_image]

The materials are provided for your convenience and Dr. Brown will earn a small commission from Amazon when you purchase through the links provided above.

Overcoming Deficit Financing

Understanding the why you are in debt is more powerful than understanding the how you got into debt. Discover how you begin your journey to get out of debt and on the road to becoming financially free.

defici-financing-postGetting out of debt sounds like a viable option, but is debt reduction a better one? I believe that one should not put the cart before the horse. When it comes to getting out of debt, I believe the process should begin with debt reduction. The pressure to totally eradicate one’s debt may seem a little beyond one’s reach. However, using the term ‘debt reduction’ may sound a lot less threatening, troublesome, and a little bit more realistic. If you practice the law of first things, you will discover that you tried at one time to manage your debt when the first thing that was done was that you got into debt. Study why you went further into debt and you will be able to destroy the root cause to your debt problem. How you got into debt will only cause you to focus on the symptoms, not the actual problem. Intention will not remedy the problem, but being proactive will. It is not feasible to have a mental debt reduction plan because mental plans do not work. In your mind, you are working on a plan to reduce the amount of debt without understanding how you got so deep into it in the first place. Understanding the why is more powerful than understanding the how.

What I would like you to do this week to self-help your problem is write down your bills, what you owe, and your monthly payment. Put them in order so that it is easy for you to track them. Reminisce on when and why you entered the debt agreement and the circumstances surrounding it. For example-were you going through a divorce and needed the extra cash or something similar? Think of all your bills in light of the situation. This may help you to understand to some degree the habits or patterns you may have followed for years without giving it any serious thought. This can be the start of how to stop getting by and start getting ahead. Do not be intimidated by my information. I am friendly fire coming to destroy the enemy of your life. Poverty is stolen wealth and it is about time we catch this thief for the last time.

Learning to manage your time will help you better manage your life. Learning to manage your money will help you to manage your lifestyle. People do not make decisions about their lives and the things they can and cannot do. Money is the one tool that governs most people’s decisions concerning what can and cannot be done. Little money gives few opportunities for what things people can enjoy. Money is simply a tool used to extend opportunities to those who have enough of it and the privileges to enjoy just about anything their money can afford. The things money cannot finance are integrity and character. If these could be purchased and bartered for, it would not be real integrity and character. It is a counterfeit of the true value of life.

Most people give too much credit to doctors, lawyers and business owners as if these careers are the epitome of an emblem of wealth. If a doctor drives a new Mercedes, most people think his career fits the car. If a professional actor drives a Bentley, we without fail, would say the career fits the car. The truth of the matter is that there are many financially broke doctors, lawyers and actors that are broke because the career does not guarantee the skills to manage their money. Many wealthy janitors, teachers, and truck drivers gained their wealth status by making smart choices with their money. If you personally knew a janitor who was driving a new Mercedes Benz, you would probably think that he won the state lotto or something similar. Your chosen profession is not necessarily the key to your wealth, but your knowledge is.

For every one of us that succeeds, it is because there is somebody there to show you the way out.
~Oprah Winfrey

Accept the help from others who happen to know a little more than you. As a smart man or woman, it can save you a lot of grief and further embarrassment. Get connected to the real power to change and you will make a determination that life just got easier.

A Simple Twist to Upgrade Your Money Potential

This is an excerpt from “A Simple Twist to Upgrade Your Money Potential” from my book UNEXPECTED TREASURES, which I believe will help you improve and increase your potential to make more money. Money may not buy you love, but that does not diminish the importance of its necessity.

“It is extremely difficult to remain motivated to work for a paycheck you have already spent, especially when the money is going towards something you do not even need. Money may not bring you happiness, but it certainly enables you to look for it in plenty of places. Moreover, the feeling we get from the things money provides bears a close resemblance to happiness. Do not misunderstand me! I do not love money; I simply like it a lot. People who claim not to like money will often lie about many other things, as well. I merely like the time-saving convenience and numerous opportunities that money affords me.

You may be wondering why the subject of money is so important to me. The truth is…I realize that I have an important mandate on my life to help as many people as I can succeed financially before I depart this Earth. Part of my purpose in life is to impart my wisdom on financial increase into the lives of those who will receive it. I am truly more interested in your success than your adoration.

Managing and keeping money requires more skill than earning it. It behooves each and every one of us to become a good money manager because you have the highest vested interest in how well your money performs in the marketplace. The wealthy have many concerns, but theirs look very different than those of the poor and middle-class. With the poor, obtaining money is a hounding thought; with the middle-class, getting it to stretch is a consuming notion; but with the wealthy, getting it to travel farther is an exciting occupation of energy and thought. Wealthy individuals play the money game to win while others simply play not to lose.

People with a poor perspective of money matters tend to always be in survival mode when it comes to living life. Their primary goal is to have enough money to pay their bills on time and stash away ample funds to afford a vacation. On the other hand, a healthy approach to money management causes individuals to amass wealth, not just an income. These individuals are committed to wealth accumulation – not debt accumulation. While poor and middle-class people may want to enjoy financial prosperity, it is the wealthy individuals who consistently demonstrate their commitment to producing it. If you are totally committed to creating wealth, chances are you will not. Most Americans know exactly how it feels when their money is funny, but there is nothing funny when your money does not meet your basic needs.”

In order to change your potential to make more money, you have to change what you believe about it. Everyone wants to make more money, even the ones that make billions. The truth of matter is that without adequate money, existing in this life is about all one does!

I’m Deep in Debt, and I Can’t Swim

deep-debtOne day I went to a local drug store scanning the aisles for some shaving products and noticed a woman I had not seen in years. I said, “How are you doing?” “Not so well, I feel a little under the weather,” she replied. “Why don’t you take off work for the day,” I could see that she was not feeling well. Her eyes were puffy, as she spoke she sounded like she had a nasal clog, and her posture was as though she was extremely weak. “Go home and get some rest,” I said. Her reply was shocking, “I would, but I have to go to work because I have too many bills to pay.”

People who are forced into parsimony because of the loss of a job, divorce, death in the family or their debt is out of control usually experience the common financial stress syndrome. This debt syndrome can often lead to feelings of insecurity, anxiety, anger or even depression. It results in a hopelessness that perpetuates poor money management decisions that can lead to a vicious cycle of fear and panic. A person under such financial stress can be tempted to commit suicide, thinking that this will be the answer to ending it all. Instead, their families will have to face the debt they left behind, including the anxiety, grief, and unanswered questions of why. If you notice someone with symptoms like the ones previously mentioned, reach out to them with comfort and reassurance that you will be with them as they tackle their debt problem.

According to the United States Federal Reserve, 45 percent of households in America spend more each month than what they earn. Keep in mind that this figure is a conservative number and can most likely be higher. This cycle of having more ‘month’ at the end of your money has created a debt problem for many American families, who are often unable to keep their heads above water. Getting out of debt, or even managing it, is difficult. It requires financial discipline and patience. Nevertheless, whom do you turn to for help? Of course, there is credit card debt help, Christian debt help, mortgage help, families in financial crisis help, debt free government help, debt consolidation help, and the list goes on.

I do not believe that people have a shortage of information concerning debt; what people lack is a strong relentless desire to become disciplined, to not only get out of debt, but stay out of debt. Because after they have read all the booklets on how to get out of debt, hire a debt consolidation company to assist them in getting out of debt, the larger percentage of people will regress back into the same ruthless debt cycle.

A financial coach can help you first acknowledge your weaknesses and then point you in the direction of your strength. People should volunteer to be tutored on how to help themselves. Before a person usually experiences having a shortage of money to pay their bills, it is preceded by the lack of discipline to control their spending habits. I believe that every person should incorporate their own system of checks and balances. Make yourself accountable to someone else other than you. If you are not married, but you have children, let them in on the checks and balances system so that they can help you. They may not keep you from spending money ridiculously, but a word of reminder from them would help you consider the consequences.

Recommended Reading:

I frequently say, “Readers are leaders and leaders are readers.” I strongly believe this statement; therefore, I have taken the time to recommend reading material that I believe will greatly benefit your life and business endeavors. Click the images to see more information or to order the books from Amazon.com.

[amazon asin=1930388179&template=image&chan=dr. mikel brown] [amazon asin=0800721454&template=image&chan=dr. mikel brown] [amazon asin=0312377746&template=image&chan=dr. mikel brown] [amazon asin=1932450807&template=image&chan=dr. mikel brown]
The materials are provided for your convenience and Dr. Brown will earn a small commission from Amazon when you purchase through the links provided above.

Come let’s talk some more about this, comment your thoughts below.

Just say “NO!” to Recession

We live in an erratic and ever changing culture, and the only thing certain about this world is that it is unpredictable. The world’s financial markets are unstable, morality is declining, marriage is indefinable, basic health care needs are unaffordable, nations’ bureaucratic systems are a political mess, and high taxes is legal theft. People are ill prepared and unequipped for the challenges that confront us. Can we depend on our nation’s leaders to lead this country out of the spiral downhill spend?

What can individuals do to ensure their future success? Do we have to participate in the recession if we do not want to? Emphatically, NO! You do not have to accept any package…send it back to sender. This is the time to rise up and take full control of your life-health, finances, business, marriage, etc. and declare that you are not going to become a victim of society. Although, the world system seems to be on shifting sand, your life does not have to be. You can decide to make a strong move toward a brighter tomorrow by making the right decisions today. This may sound like an advertisement for some product or service, but I assure you that the only ones benefiting from this information are the readers.

What do I need to do in order to secure my future and legacy for my children and grandchildren? Securing your future starts with securing and protecting your assets. Investigate your need for insurance. As simple as this answer may appear, I believe it is the easiest and surest way to protect your family from loss of income and property and at the same time ensuring enough money for your family to live after you are gone.

Insurance is needed because of how unpredictable occurrences are and people generally do not have the kind of money that can pay for accidents where their cars may need to be replaced, hospital care is necessary, property needs repair resulting from unforeseen damage, or the loss of wages due to illness or death. I am not a complete advocate for insurance in general because of its rising cost and laws that protect insurance companies when negligent; but I am all for what it provides. My future is important, not only to me but also for those who depend on my existence to provide for them.

Too many people lack adequate life insurance. Studies show that 40 percent of American adults have no life insurance whatsoever and over 50 million people in this country lack adequate life insurance. Although each type of insurance is different, the basic principles are the same. The more limited the possibilities, the simpler it is to establish a premium for insurance companies. Nonetheless, the need for insurance is an absolute must. Even if you have a savings of millions, one illness can deplete your funds or one lawsuit against you can strip you of everything you own.

MORTGAGE PROTECTION AND HOMEOWNERS INSURANCE

When is a house a home? A house is more than just a “house,” when you’ve laughed in it, cried in it, and lived in it. It’s a home-your home because your memories are locked away and stored there. If something should happen to you, will it remain with those who have shared the memories with you? A life insurance plan can ensure that your home stays with your loved ones.

PROTECTING FAMILY INCOME

When you have worked hard to bring your family’s standard of living up to where it is it is worth safeguarding. You should never be willing to give up the results of your hard work no matter what. Earning capacity goes when you do! There is a way to guarantee that your family will never have to sacrifice the standard of living they have been to accustom to enjoying, whether you are here or not. Life insurance is the answer.

There is a story in the Bible about a widow whose husband was in ministry, died, and left his family with no means of support – which is a true depiction of what happens all too often today. When her husband died, so did their family income. Her creditors came looking for their money, but she used everything they had to bury her husband. In times of antiquity, if a debt that was owed could not be paid, the debt collectors could confiscate their children and make them slaves for seven years in order to satisfy the debt. Thank God, this law is no longer in existence. If it were, would we then consider the importance of having insurance to protect our family when we are gone? Your legacy is for those you leave behind, but your detriment can paralyze your family for generations.

Developing a Healthy Money Mentality

A healthy money mentality is the difference between the poor and the middle class, and the middle class and the wealthy. All three economic groups represent difference mind sets. Discover where you are and how to change it.

It is especially hard to work for money you have already spent on something you did not need. Money may not bring you happiness, but it enables you to look for it in more places. Moreover, money can bare a close resemblance to happiness. Now, please do not make the assumption that I love money, I just like it a lot. People who lie about how they feel about money will lie about other things as well.

Managing Your Money

Why is the subject of money important to me? I realize the mandate on my life to help people with a heavenly wisdom for financial increase in their lives. I am truly more interested in your success than your affection. Managing money usually requires more skill than it does with making it. It behooves people to work hard at becoming good money managers because you are the only one that will do it free for yourself. Wealthy people or people without money concerns think and act differently about money from those who are poor and middle-class. Wealthy people play the money game to win while other people play the money game not to lose.

Poor, Middle Class, and Wealthy Mind Sets

People with a poor money mentality play the survival and security game. The big goal of those with a poor money mentality is to have enough to pay their bills on time and pray for a miracle just to afford a vacation. A healthy money mentality steers you in the direction of learning ways to amass wealth. These people are committed to being prosperous while poor people want to be prosperous. Middle class people are committed to being comfortable so they achieve being comfortable relatively easy. If you are not totally committed to creating wealth, chances are you will not. Most Americans know exactly how it feels when your money is funny. However, there is nothing funny about not having enough money for your basic needs.

Changing Tracks

If you want to change your money condition, you have to change what you are doing. The information in your memory bank or subconscious mind is what channels you in the direction your life is moving. Your thoughts are the railroad tracks that your life travels. You move from one place to another and from position to position based on the kind of thoughts running through your mind. Your life can only move in the direction the tracks are going. Trains do not travel far without tracks. Give me five minutes in a person’s life and I can tell you if they are going to do anything significant with their life. If a person is not happy about their financial situation, he or she will do one or two things. They will either complain about it or shut up and do something about it.

Altering Your Mentality

Become passionate about changing your mentality about money. A healthy mentality about money is the beginning of understanding it. Wanting more of it does not mean that you are greedy; you are simply responding to a deep-seated desire of want. Without this natural drive “to want,” knowledge in any given area will no longer be pursued. It is this intrinsic quality that causes our eyes to search for images, our hands to reach for touch, our ears to stretch for sounds, our tongues to connect with taste and our minds to explore the vast universal for why. I strongly believe that a healthy money esteem transmute into a healthy self-esteem.

7 Destructive Financial Habits

Money problems can be traced back to a lack of self control. Discover if you operate in any of these seven destructive financial habits.

How can people account for mindlessly spending money, earmarking funds for big-ticket items such as a big screen television or other such items when they complain about being so deeply in debt? On the other hand, let us strongly consider the person who spends money without the thought of how much they actually have to spend. Both of these individuals are robotically controlled by their impulsion to selfishness.

I can respect the person who owes a debt and pays it before they splurge money on themselves, especially when that debt has to do with God, a relative or a friend. I am not undermining the importance of debt owed to department stores or credit card companies as though they should be lastly considered.

Pay Day! Yippee!
Usually when married couples are experiencing financial problems, it is because one of the spouses is looking to spend money just because it’s payday. Payday does not suggest that money is available before bills and needs are taken into consideration. If spouses have this impulse, they are usually in denial.

Who’s to Blame?
They will blame their spouse, their IRS income tax refund for not coming by a certain time; the dog ate their checkbook, and a list of other ridiculous excuses. However, one thing is certain among people that are debt-ridden from their lack of control; they will not fully accept the blame for their problem. Although a person is single and in debt, this characteristic is pervasive with people that continue to repeat the same financially destructive habits. Here are a few indicators that may help you assess if you are one of these people:

7 Financially Destructive Habits

  1. You become unusually happy when you have money.
  2. You start spending money before you get your hands on it.
  3. You become protective and defensive when money is the focus of discussion.
  4. You look at family income as your portion.
  5. You seldom ask about the family bills.
  6. You inwardly think that your spouse is hiding money from you.
  7. You are judgmental on how others manage their money.

These are just seven markers, but I can name more. Some people may periodically slip back into a state of sanity just long enough to get a glimpse of their problem, but not long enough to do something about it. This is when you need to cry out for help without bashfulness.

Now What?
What if you can understand and change 10 of your most common, annoying, puzzling, self-defeating behaviors and habits? If you were unconscious, you would not feel the pain of a cut or the insult of a naysayer. However, if you were completely conscious, you would feel the discomfort and seek to stop the cause immediately.

It is not that you want to cause yourself pain, you just are not always aware of the significance and detriment of your actions. When you are no longer in the dark about your behaviors, thoughts, and beliefs, you will no longer act out of habit. Do not be afraid to examine yourself on a daily basis. If you are fair and honest with yourself, you will not only help yourself, but you may possibly save your marriage or friendships.

Are Americans paying attention to our politicians?

Hello, hellooo! Is anybody out there? Are Americans paying attention to what our politicians are doing? Is the American public awake, or have we fallen asleep on the eve of destruction or an unlikely reconstruction? Our politicians recently passed a stimulus bill, which not one authorized voter in Congress confessed to have read.

If no one read the Stimulus Bill proposed by the President who himself has not read it, why did he sign this bill into law? The founding fathers of this nation would be appalled with today’s congressional leaders and would have argued their point of negligent leadership – who are ill equipped to vote on national policies concerning the American people.

The American public deserves better than quick fixes with duct tape and cover ups that shield the incompetence in our leadership. Most people in America have worked hard to better their lives, send their children to college, and retire with a nice nest egg. What did our politicians do—they rewarded the working class citizens with taxes, more taxes, and even more taxes while BIG government spent, increased spending, and spent even more. No one in Congress listens to the real solution.

If the United States can print more money, why can we not use the newly printed money to cover for the six months of taxes that Americans can defer? The United States currency is no longer backed by gold, but a weak economy. If the Stimulus Package is designed to put an additional twelve dollars a week in the pockets of working and unemployed Americans, this will not stimulate the economy and restore consumer confidence.

I believe that the answer to repairing our economy is right under the noses of the financial intelligentsia that are too smart to think simple. Robert Green Ingersoll said,

It is a thousand times better to have common sense without education than to have education without common sense.

When you lack common sense, you will not create cents out of what is common. Henry Ford made millions using common sense. While other carmakers had high prices and low production, Mr. Ford developed an assembly line system to manufacture high volume automobiles and low prices. One system catered to the elite and limited the income of the stockholders, while Henry Ford’s structure catered to most Americans and produced unlimited residual income. Simple is usually better.

We have a long way to go and a short time to get there and it does not seem like we are moving any faster, nor working smarter. The philosophy of one generation should be the common sense of the next one.

What do you do when the economy is bad?

People have a natural propensity to do two things when times are bad: One, they panic and fear that the future is bleak, and two, they listen to others who panic and fear. These are the two worst things a person can do when things are shaky. During the mid seventies, when the economy was in a recession, two present day corporate giants – which at that time were in their infancy – started their companies, Microsoft and Apple. Starting a company at a time when corporate computer aged giants such as IBM can crush any competition was ingenious.

Doing nothing will only leave you with the same amount; nothing! Being idle during these recessionary or perhaps financial depressive times is not practical, nor is it wise. Americans cannot afford to wait and see what will happen with our economy. We must be diligent about the business of money. If you have half of a brain, use it to create money. Take your hobbies or skills and generate additional income besides your daily occupation. Plan, strategize, and pray to God to open your eyes to your gift and ability to create wealth.

Now is the time to be serious about your future and that of your children. When President Hoover was in office during the Great Depression, though he was blamed for doing too little too late, he gave speeches on how the government was starting a new initiative to turn the economy around.

These pep talks did nothing as Wall Street stocks crashed and banks failed and the effects of this ripped through the lives of Americans with the force of a Cat-5 hurricane. This generation can be smart and learn what many Americans did not do before the Depression ensued; or we can be just as they were, unsuspecting.

People, you still have time. How much time, I do not know. So, start with a small business, have garage sales, find odd jobs that other people would rather pay someone to do, sell your arts and crafts, become a consultant, sell your family recipes, etc. Making additional cash and stashing it away is important. Make sure your cash is in the safest place possible. That may not be the nearest bank or the biggest insurance company.

Short-term Treasury securities, despite their low yield, must be the primary vehicle as some financial experts suggest. Oh, and do not forget to keep some cash with you at all times because if the economy continues to experience a downward spiral, your money will be worth more. Find friends and family members with your same passion for securing their future as you have for securing your family’s future. Together, you can buy, buy and buy when practically everything is at bargain basement lows. So when the economy bounces back, your assets will have increased, and you and your family can perhaps live the rest of your days being a blessing to families and friends.

Friends, join me as we strategize together and move towards a more prosperous future despite the state of the economy. When people panic and fear, the mentality is “every man for himself.” But when people pray, listen and plan, their mentality is “every man helping man with God’s help.”