Put Your Mind On Your Money

MB blog_textSome people excel with money and some don’t – Which One Are You? Are you embarrassed by your money skills? If you are sick and tired of doing money the old way—read this! If you need to increase your income, let’s start by discovering how much money you already have with your present income by discovering how not to make your debtors richer.

“I believe that the power to make money is a gift from God.”
~John D. Rockerfeller

Most people have it all wrong about money in America. Money is the one common thread that ties all the nations of the world together. Poverty is the perversion of prosperity, and the parody of financial freedom is debt. A dollar saved is a value, a dollar invested produces increase. What money comes in today will always reflect what went out yesterday.

The art of creating wealth works in the reverse of how one creates debt. The improper use of money creates debt. Debt is the result of what you cannot afford. Wealth is the result of the appropriate management of money. People have it all wrong, a person doesn’t have to possess a lot of money to create wealth—it is having the knowledge and using it, which causes your money to work to produce wealth for you.

Can You Handle the Truth? Most people aren’t enthusiastic about hearing the truth, especially when it challenges their self-imposed inadequacies. These people concoct fantasies in their mind to substantiate their defects. Now of course, the stories are not true, but they are stories they can believe, which shift the blame of underperforming from themselves to some other person or condition.

Henry Ford once said, “The man that believes he can and the man who believes he can’t are both right.” Most people have had money problems and most people do not give up on life, they continue to march on until they can either find a solution or make up another story. These concocted stories become the reasons or excuses for the lack of passion, which is in my opinion, sheer fear. There is no easier lie to believe than the one that places the blame on God.

You must initially see that debt and financial struggles (poverty) go hand in hand. Please understand that my aim is not to humiliate or beat you down if you find yourself in this predicament, I simply want to give to you a simple plan to better equip yourself and your family to be financially secure. This doesn’t mean you’re going to become a millionaire over night, but you can be en route to fulfilling your dreams and having more money, even if it is not a million dollars in your bank account.

They say that money isn’t everything, and that’s true—but look at how many things it is. In our society, money is everything. For Americans, it is how we keep score. A man’s treatment of money is the most decisive test of his character—how he makes it and how he spends it. Money doesn’t change a person; it simply exposes him or her for who they already are. If money makes you feel better about yourself, then you neither understand yourself nor the reason for creating wealth.

The Bible says, “…For the love of money is the root of all evil.” This verse is often misquoted—it doesn’t say that money is evil. The personal secular methods that help a man acquire a fortune are the very ones that can keep him from enjoying it. Money itself is not evil, nor is it good. Both good and evil can be done with money. The old maxim is, “Money may not bring happiness…”, but I say, “Neither will poverty.”

When a man respects the potential of money and learns to control its influence, he becomes a wise man. Are you a good money manager? Yes you are! All most people need is a little motivation and a little help, and they are on their way to being a blessing to family, church, and to others.

In just three to six months, you can free up some of your cash which can go towards other bills if, you can believe it. The basic requirement needed for debt reduction is for you to “Start.” Learn and apply the spiritual principle of giving. I have heard people say, “But I don’t know where to begin.” My answer is simple. How did you start getting into debt? You started collecting credit cards and systematically using them. Reverse the process. Start with plastic surgery by cutting up your credit cards, then collect and arrange your bills and pay them systematically.

Do not be afraid to examine how you got into your financial mess. Retrace your steps and you will end up where you started—debt free.

Watch my video, FINANCIAL IMPACT: [youtube]https://www.youtube.com/watch?v=J9huApU7J7w[/youtube]

Recommended Reading:

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

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.

Can You Handle the Truth?

Can You Handle the Truth? Most people are not enthusiastic about hearing the truth, especially when it challenges their self-imposed inadequacies. These people concoct fantasies in their mind to substantiate their defects.

Of course, the stories are not true, but it is a story they can believe which shifts the blame from themselves of under performing. Henry Ford once said, “The man that believes he can and the man who believes he can’t are both right.” Most people have had money problems and most people do not give up on life, they continue to march on until they can either find a solution or make up another story.

These concocted stories become the reasons or excuses for the lack of passion, which is in my opinion, sheer fear. There is no easier lie to believe then the one that places the blame on God. This propaganda is one of the most believable because it can easily disguise a person’s lack of self-confidence. If God gave you the ability for intellect, strength and a will, did He not also give you the ability to use it as you deem necessary?

In just three months, you can free up some of your cash that can go towards other bills, if you can believe. The basic element for debt reduction is “Start.” I have heard people say, “But I don’t know where to begin.” My answer is simple. How did you start getting into debt? You started collecting credit cards and systematically using them. Reverse the process, start collecting your bills and pay them systematically. Do not be afraid to examine how you got into your financial mess. Retrace your steps and you will end up where you started: debt free.

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Getting Out of Debt? Hogwash!

Is it possible to get completely out of debt? Yes, it is. But, is it realistic? Considering the culture we live in today, it is virtually impossible to avoid having any debt unless a person has a generous income that is not tied to a business. Debt reduction is more realistic than getting completely out of debt; especially if you are between the ages of 18 and 65.

It is between these ages that 98 percent of the American public is preparing for a career, building a career, or preparing for retirement. Ninety-five percent of assets and liabilities are acquired between these ages. Unless you have a Trust Fund with millions waiting for you at age eighteen, you are most likely to fall into the temptation of getting into debt for college tuition, buying a car or home, etc.

Most people do not have the kind of savings account established where they can withdraw $150,000 for the purchase of a new house. Therefore, debt reduction should be considered a viable option. This does not mean that you should not aim for total eradication of your debt; it simply means that if you aim for the moon and you so happen to fall short, you will at least be among the stars.

I was once asked a question by a studious young man, “How long will it take to get out of debt?” My answer was in the form of a question. I asked,”How much debt do you have opposed to the amount of money you have left over once your normal monthly expenses are satisfied?” If your answer is that you have a deficit every month, getting out of debt is going to take some time. If your answer is that you carry a surplus of $500 or more, considering how much debt you are carrying, it is still going to take time. You build debt as if you build wealth, over time. However, time is one of your greatest assets when it comes to debt reduction.

Join me and the hundreds of others by signing up at the top left hand column of this post for the “Taking Control of My Life” Campaign, which will give you the kind of information to help you redirect your focus and kick your life into a higher gear.