Tuesday, 21 May 2013
Pocket money: How financially independent are you?
image by geradissex
What is your financial discipline? How do you manage your money? The money you save grow it, use it and utilise it. Invest it in a course, a product, or a business. Money is energy. The mistake a lot of people make is they save, save, save, deny themselves and then eventually an all ensuing hunger consumes them and they invest that money on something that wont give them a return. A house will not automatically give you a return, it is not a guaranteed asset, neither is a car. Invest in things that make you money whilst you sleep. You want sleep walking money. This means investing in your financial education. All the wisdom we need comes from within. Yet sometimes we need to tap into those mentors with the information, the contacts, the structures in place which will help us with our financial fortitude. Knowledge is power. If you are working in a dead end job that you hate and you are saving towards a course that will lead you towards financial independence you are on your way. If you have invested in an advisor a mentor that will help you improve your skills, and all your abilities so you can be more of an asset you are on your way. Money is energy. It's the translation of ideas, it's the sharing of your personal resource and time, it's the recycle and reward.
We often make the mistake of confusing someone who is in a high paying job with someone who has a lot of money, how are they spending that money? Are they utilising their funds? Saving investing as best they can, making plans to get out of the rat race? Or are they just flashing things and paying a lot of bills to make it look like they have enough. For example are they miserable paying bills towards a car or a house that they cant pay for. Manage the small things, then you will be upgraded to the big things. Invest in your knowledge of financial abundance. Courses, seminars, ask the right questions, the internet is your best friend, there are bookshops, so many creative free services to assist those determined to be financially independent. The mind is abundance why not tap into it.