| Many personal finance articles have been written on | | | | have figured out by now, the cliche is true, when |
| the issue of money. Can't say I have been moved to | | | | you fail to plan, you are planning to fail! |
| action by many. First I'd like to say it is ok that you | | | | 5 Personal Finance Guidelines That Will Guarantee You |
| feel down about the current situation about your | | | | Become Master Your Personal Finances |
| personal finances. I give you permission to feel your | | | | 1. How do you think about money? Say you come up |
| feeling for the next 24 hours and then pull yourself | | | | with an idea to do something. Do you think that will |
| by your boot straps and let's what we can do. | | | | never work? Are you afraid to follow through? Are |
| There exist many a definition, I want to share with | | | | you scared of loosing money or do you see every |
| you my personal finance definition: | | | | dollar spent as an investment? |
| Financial freedom is not an event, it is a skill. | | | | 2. How do you manage and invest your time? The |
| I bet right now with the current economic situation | | | | average man has at his disposal 6 discretionary hours. |
| you are saying to yourself, "I just wish I could the | | | | This is time they can do whatever they want. No |
| lotto!" Boy don't we all and yet statistics and personal | | | | work, no chores etc. Many will watch T.V., attend |
| finance facts show that the majority of people who | | | | pricey sports events, spend money on meals at a |
| win the lottery, end up broke and worse off before | | | | restaurant and movies, see where I am going with |
| their winnings! Imagine that. You among the many | | | | this? Do you do personal finance budgeting? |
| seeking wealth, riches, fame few people realize that | | | | 3. How do you leverage the talents and life |
| money isn't the solution to their problems; the way | | | | experiences you ALREADY POSSESS? |
| you think about money is the problem and the | | | | Most people see their experiences as failures. They |
| solution. | | | | only talk of how they tried to do something as failed. |
| I can almost see you going oh yeah, give me the | | | | Thomas Edison failed more than I care to count, and |
| money and I'll show you change in mindset! My | | | | yet he persisted to light the whole world. Many of |
| favorite entrepreneur of all times, Henry Ford was | | | | life's failures are people who did not realize how close |
| once asked, "What if you lost everything you own?" | | | | they were to success when they gave up. Thomas |
| He responded without missing a beat: "I'd have it all | | | | A. Edison |
| back and more within 5 years." | | | | 4. Do you have a mentor and coach with a proven |
| Being a master of your own personal finance is not | | | | personal finance curriculum? This is the true measure |
| about what is in the bank; it's about the ability to | | | | of your desire for financial freedom. This is where |
| acquire the skill that will show you how to produce | | | | you literally put your money where your mouth is, |
| new streams of income and wealth based on your | | | | can't afford a mentor you say? Well what was the |
| knowledge and experience. | | | | last book you read? Gossip magazines do not count |
| So before we go any further on this issue let us | | | | as literature sorry! |
| tackle the real problem here that is impeding your | | | | 5. What do you think is "risky," and what do you |
| personal finance for good! Why you might ask? Well | | | | think is "safe and secure"? Most people never break |
| without the mastery of these 5 steps, your desire | | | | into the realm of the 5% wealthy group who own |
| for your goal for financial success and financial | | | | 95% of the worlds resources because they want to |
| freedom is highly unlikely! This is why big players in | | | | play it safe. They want the money, the fame, the |
| any industry have coaches, Oprah has a life coach, | | | | accolades but they feel they should not have to go |
| football players and basketball players have coaches | | | | through the process of creating this wealth. No |
| and mentors. Tiger woods after every bad game will | | | | wonder the internet and other places are full of |
| go in for coaching and training. Why? Those who | | | | scams and get rich quick opportunities. Remember |
| achieve great financial success do not go it alone. | | | | this success does not happen overnight, but one |
| They always have a team. Those who achieve great | | | | night success does happen. Someone once said to |
| poverty have the do it yourself mentality! | | | | me, it takes 3 years to be an overnight success! |
| Why is it important to plan personal finances? As you | | | | |
