Financial
- Aspects of Life |
How
to Develop Your Financial Priorities
1. Determine your values related
to the financial aspect of your life.
2. Determine your goals related to
having, earning, spending, investing, and sharing money.
3. Commit to your
current and/or new and improved values and goals.
4. Contribute towards
them by taking a proactive approach in celebrating your values and reaching
your goals.
 JM's
Advice on the Financial Aspect of Life
Money comes easily
and frequently. It's truly very easy to make money and a lot of it. What a
person needs is a positive attitude and faith that they will be successful. The
moment a person associates fear with money, paralysis or financial loss may occur.
Have faith and make smart financial decisions.
Invest in the best. You're
going to spend it anyway. Spend your money on your greatest priorities. If your
health is your #1 priority, invest in a gym membership, massage therapy and chiropractic
sessions, and healthier food. If live entertainment is really important to you,
spend your money on concerts and performance art rather than on less-inspirational
distractions.
Risk vs. Reward. Gambling and investing in the stock
market can be risky. If you have faith and decent knowledge about an opportunity,
get some advice from a professional. Then, ask for a second opinion. Then, sleep
on it. Basically, slow down, think about the potential, and ask yourself if it's
worth risking it all, even if the risk is low. If you experience a current loss,
have faith. If you intend to profit, it's very possible. It may take some time,
however. Even 20 years. Ever hear of Taser International?
Creativity
is a Cash Cow. Millionaires are known for their innovation and creativity,
doing things few or none have ever done in the past. If you want to make money
a non-traditional way, be creative. Take time to come up with unique one-of-a-kind
ideas. It may take you weeks or months or years and you may evaluate hundreds
if not thousands of products or services. Nothing is guaranteed unless you intend
to get it by being proactive.
Save it for a rainy year. Having money
for a "rainy day" was popular in the 20th century. Nowadays, it's highly
suggested to have as much savings as possible to prepare you for unexpected life
experiences like injury or illness, unemployment whether voluntary or not, or
for great investment opportunities.
Almost everything is negotiable.
it doesn't hurt to ask if there's any flexibility with the price of a product
or service. You won't be insulting a person if you ask or if you even offer less.
Or a lot less. America is all about capitalism. While it's a free country, it
doesn't always have to cost so much. | | | |
