Seven Secrets to Financial Empowerment in 2009
As you work to fulfill your dreams in the field of real estate investing I want you to embrace your future and do everything in your power to help ensure your success despite the challenges youll face along the way. Ive identified 7 financial keys that can unlock the door to success for you and others you may come in contact with along the way.
There are a lot of things you can do every day that can help determine whether you reach the pinnacle of success or remain in the valley of missed opportunity, but very few things will figure as prominently as your finances. Financial gurus got it right when they say that if you dont control your money it controls you! Heres how to regain control of your financial future one step at a time.
Control Your Thinking " You should get motivated and fired up every day! Instead of listening to negative people complain about high gas prices, inflation, or politics, tap into a good motivational book, CD, or seminar that will do something for you other than raise your blood pressure. Unless youre a member of OPEC or on the board of an oil company you cant control prices. However, by controlling your thinking and your thought processes you can build your own cartel of real estate investment properties!
What I am saying, however, is that if youre clear about exactly where your money goes youll have more control over reducing unnecessary, frivolous expenses. Think before you say, Charge it! If you dont really need another John Tesh video " dont buy it! Sooner or later Blockbuster will have it for 49 cents.
Control Your Habits " I dont want to offend anyone here, but its very easy to have expensive habits that can reduce the pool of money you have when you need it. It could be $4-$5 cups of coffee, cigarettes, or other substances. Aside from the potential long term impact some habits can have on your health, they can also take money away from your investing activities. Take control of the kinds of things you spend your money on. Youll be surprised by how much extra cash you can come up with after just 30 days!
By keeping your balances low you free up additional funds for additional property purchases. Not only can credit cards charge hefty interest rates, they make it very easy to spend more than you otherwise might. Fast food restaurants dont take plastic because theyre dedicated to superior customer service. They want to make it as easy as possible to Super Size " your waist line and their bottom line.
Control Your Giving " Theres nothing more empowering and fulfilling than giving money away. You want to make a regular habit of giving to charities or organizations you believe in. But it is possible to go overboard by trying to help too much.
Control Your Giving " Theres nothing more empowering and fulfilling than giving money away. You want to make a regular habit of giving to charities or organizations you believe in. But it is possible to go overboard by trying to help too much.
Control Your Debt " In many ways this goes hand in hand with controlling your spending because for many investors (especially brand new ones with unrealistic expectations) their first inclination is to whip out a credit card for routine purchases.
There is a direct connection between giving and receiving " just make sure you really believe in the organizations youre giving your money to!
Control Your Spending " By taking control of your spending you can have a much bigger say in the types of deals you have available to you. This process starts with having " and sticking to " a realistic and attainable budget. Im not suggesting you should sell your TV and hit your kids up for gas money in exchange for taking them to t-ball practice.
There is a direct connection between giving and receiving " just make sure you really believe in the organizations youre giving your money to!
These are just a few things you can do to financially empower yourself. Put these into practice today, perfect them " and make them your own! The secret to financial empowerment is really no secret at all. The secret lies in actually applying them in your life today and make tomorrow lucrative. Start now and live the life youve been dreaming about! - 23200
There are a lot of things you can do every day that can help determine whether you reach the pinnacle of success or remain in the valley of missed opportunity, but very few things will figure as prominently as your finances. Financial gurus got it right when they say that if you dont control your money it controls you! Heres how to regain control of your financial future one step at a time.
Control Your Thinking " You should get motivated and fired up every day! Instead of listening to negative people complain about high gas prices, inflation, or politics, tap into a good motivational book, CD, or seminar that will do something for you other than raise your blood pressure. Unless youre a member of OPEC or on the board of an oil company you cant control prices. However, by controlling your thinking and your thought processes you can build your own cartel of real estate investment properties!
What I am saying, however, is that if youre clear about exactly where your money goes youll have more control over reducing unnecessary, frivolous expenses. Think before you say, Charge it! If you dont really need another John Tesh video " dont buy it! Sooner or later Blockbuster will have it for 49 cents.
Control Your Habits " I dont want to offend anyone here, but its very easy to have expensive habits that can reduce the pool of money you have when you need it. It could be $4-$5 cups of coffee, cigarettes, or other substances. Aside from the potential long term impact some habits can have on your health, they can also take money away from your investing activities. Take control of the kinds of things you spend your money on. Youll be surprised by how much extra cash you can come up with after just 30 days!
By keeping your balances low you free up additional funds for additional property purchases. Not only can credit cards charge hefty interest rates, they make it very easy to spend more than you otherwise might. Fast food restaurants dont take plastic because theyre dedicated to superior customer service. They want to make it as easy as possible to Super Size " your waist line and their bottom line.
Control Your Giving " Theres nothing more empowering and fulfilling than giving money away. You want to make a regular habit of giving to charities or organizations you believe in. But it is possible to go overboard by trying to help too much.
Control Your Giving " Theres nothing more empowering and fulfilling than giving money away. You want to make a regular habit of giving to charities or organizations you believe in. But it is possible to go overboard by trying to help too much.
Control Your Debt " In many ways this goes hand in hand with controlling your spending because for many investors (especially brand new ones with unrealistic expectations) their first inclination is to whip out a credit card for routine purchases.
There is a direct connection between giving and receiving " just make sure you really believe in the organizations youre giving your money to!
Control Your Spending " By taking control of your spending you can have a much bigger say in the types of deals you have available to you. This process starts with having " and sticking to " a realistic and attainable budget. Im not suggesting you should sell your TV and hit your kids up for gas money in exchange for taking them to t-ball practice.
There is a direct connection between giving and receiving " just make sure you really believe in the organizations youre giving your money to!
These are just a few things you can do to financially empower yourself. Put these into practice today, perfect them " and make them your own! The secret to financial empowerment is really no secret at all. The secret lies in actually applying them in your life today and make tomorrow lucrative. Start now and live the life youve been dreaming about! - 23200
About the Author:
If you need help to raise you to the top of the real estate empire, then Charissa Crawley has everything you need. Find more information regarding her Real Estate Power Investor guide right here.
posted by X - Men @ 3:30 AM
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