Some things never change, and certain truths are
universal. As it
happens, this applies to the age old topic of
money, as well.
At any time in history, no matter what the
current state of the economy,
no matter what the current trends, no matter
what the unemployment rate is
or where interest rates lurk, some money-making
truths are set in stone,
and remain true across time in all different
kinds of economies.
Some of you may have heard of these ideas
before, others may be entirely
new to you. But whether you are familiar with
these super secrets or not,
it will be well worth your while to put them
into effect in your own life.
The magic they will work on your financial life
is guaranteed. These
money-making ideas are just waiting for you to
bring them to life. We urge
you to put them to work for you - any one of
these could change your life!
Let's get started!
Amazing Money Tip #1:
The great scientist Albert Einstein once
said, "It takes a genius to see
the obvious." What he meant by that is that
sometimes the simplest things
in life are the most powerful ... but because
they are so simple, we tend
to ignore them, and not let them work for us.
One of the simplest but most powerful money
making ideas is this: Keep a
daily log of everything you spend. Go to the
dime store and buy a little
notebook. Carry it with you wherever you go.
Write down every penny -
every single penny - you spend every day. It's
as simple as that.
If you do this, you will find something
magic happening in your financial
life in just a few weeks.
There is something incredibly powerful about
writing down all your
expenditures. It makes the flow of money through
your life more real and
exact. It shows you simply and clearly just
where you are spending your
money, on what and why. Once you know that, it
becomes much easier to
control your spending.
Many people who have taken up this practice
have not only learned
something about themselves which they never knew
before, but they are often
astounded.
For example, one woman realized through
examining her notebook that she
actually spent nearly $2,000 per year on diet
soft drinks, snacks and candy
bars! Since her job as a office clerk brought
her a scant $12,000 per
year, she realized that one-sixth of her entire
income was being frittered
away on something entirely frivolous. The woman
gave up the snacks and
drinks, and found she had enough money to afford
health insurance - plus
has $400 left over. If you could choose snacks
or health insurance, which
would you choose?
The point is, it was her daily expense log
that helped her achieve the
insight and clarity she needed to get control of
her finances. That's what
a simple spending record will do for you - it
will give you control over
your spending, and thus your financial life.
There may be nothing but a
75-cent notebook and a ballpoint pen between
your life of financial
struggle and financial freedom.
Amazing Money Tip #2:
Stop deficit spending! We all know how much
trouble Uncle Sam has been
creating spending more money than our country
takes in. It's called
deficit spending. Well, don't fool yourself. The
same rules apply to you.
Using those evil little plastic cards may be the
"American Way," but it's
a poor way.
Today, the average credit card holder is
carrying $7,000 in plastic debt!
Spending yourself into debt with a credit
card is unbelievably easy, as
many of you already know. The reason is
psychological. When you give that
clerk a credit card, it's just not the same as
handing over a stack of
green dollar bills. Would you as readily hand
over a fistful of ten dollar
bills as flip a credit card across a counter?
Probably not.
Credit cards put you in the hole and keep
you there. Even for people with
good incomes, paying your credit card debt down
to zero is amazingly
difficult. And make no bones about it, credit
card debt will sap your
financial strength just as readily as an open
vein will deplete your physical
body of its very life force. Using a credit card
by choice can quickly
turn to using it for need. Once you get to that
point, you are already in
trouble.
There is no secret to freeing yourself from
the credit card game. You
must take out a pair of scissors TODAY, cut your
cards in half, and begin
paying them back, slowly but surely. Once you
stop adding to the debt,
even small payment will eventually add up. You
can get out of debt if you
are patient and disciplined. Once your cards are
history, you must adopt a
strict pay-as-you go policy. Instead of buying
now and paying later, save
now and buy when you have the full amount.
Once again, this is not rocket science, but
stopping credit-oriented
consuming is one of the most powerful financial
tools available to anyone
today. Why not pick up this tool and use it?
Amazing Tip #3:
Sell your junk. That's right, it's high past
time for a major garage
sale. If you don't have a garage, it's time to
search through your house
or apartment for every single item you don't
need, and could convert
quickly to cash at a flea market or garage sale.
Take an inventory. The truth is, most people
are astounded by what they
own - and how much money they have tied up in
useless stuff. Why let it
collect dust in your attic while it could
collect interest in a savings
account.
You could easily be $500, $1,000 ... even
$3,000 richer by the end of the
week. As an added bonus, you'd have your place
cleaned up, and you will
have a fresh feeling of starting over. A garage
sale is an excellent way
to not only clean out your house, but it often
gives a psychological boost
that helps people get control of their life and
money.
Amazing Tip #4:
Ben Franklin said it long ago: "A penny saved is
a penny earned." Yes,
it's still true, and still one of the most
powerful money-making tips in
all history.
Implied within Franklin's famous statement
is the difficulty of saving.
It's tough to save and easy to spend! You know
that! That's why every penny
saved truly is earned - because it takes so much
effort to hold on to that
cash! But if you can do it, it will work magic
in your life. Having a
savings account will de-stress your life.
Imagine being ahead of your
bills, rather than behind. When you are ahead of
your bills, you entire
life comes under your control. You sleep better
at night. Your mind is
freer to come up with new ways to make more
money and save more. Saving is
contagious - once you let it get started!
Here are some tips to help you save:
* Don't settle for interest checking. Have a
separate savings account
that can't be as easily accessed as a checking
account.
* Keep your savings in another bank - one
that's off your regular route,
or perhaps even in another town. That way you
won't be tempted to dip into
it every time you visit the bank to make a
checking deposit.
* Buy short-term savings bonds, which have
6-month to one-year maturity
dates. That way you will get a higher rate,
while at the same time keeping
your money close in case of real emergencies.
* If you can, open the account under two
names and require that both
signatures be required to make a withdrawal. Two
people can debate each
withdrawal and keep each other in line.
Amazing Tip #5:
Visualize wealth and abundance everyday. What we
are actually
suggesting is that you practice some sort of
airy-fairy mysticism that will
make you into a "money magnet"?
Maybe yes, maybe no. Call it what you will -
a mind game, mysticism, New
Age ga-ga -- but the solid fact is that behind
every wealthy man and woman
is a positive attitude toward money. Here's a
quick demonstration:
(1) Person One with a negative money
attitude has daily thoughts which go
this way:
"Jeez! $20 bucks is hard to come by! I seem
to work so hard and get so
little for it. Money just slips through my
fingers. It's amazing how much
money you have to earn to just get by these
days. I'm never going to be
able to afford that new car on my limited
salary, but this job is still the
best thing going for me right now. It's easy for
some people to make a lot
of money, but I'm not one of those people ..."
and on and on.
(2) Person Two with a positive money
attitude has daily thoughts which go
this way:
"You know, I bet if I work my butt off I can
get a raise next month, and
then I'll take half of the extra money I make
and toss it in a savings
account. There must be a 100 other ways I can
bring in some extra cash.
Money is not all that hard to earn if you work
hard, watch your spending
and save a little at a time. There's enough
wealth for everybody in this
country, and I can easily get my share, and more
..." and on and on.
Okay. Which person do you think will have a
better chance of success?
You don't need to be a Rhodes Scholar to see how
Person One is dragging
himself down with his thoughts, and how Person
Two is giving himself a
fighting chance.
Look at it this way: It costs nothing one
way or the
other to have either negative or positive
thoughts. So why not have
positive thoughts?
There has been many studies done on the
thought patterns and the frames
of mind of some of the richest most successful
people in the world. The
one thing they all had in common was a positive
attitude toward money and
their ability to earn it.
So we strongly recommend you begin shaping
your thoughts TODAY toward
positive thoughts about money. Then step back
and watch the money miracle
happen.
Amazing Tip #6:
Do what you love and the money will follow. I
think there's a book by
that title. At any rate, it's true. One of the
primary reasons that many
people live paycheck to paycheck and are broke
despite working very hard at
their jobs is the fact that they hate what they
do.
If you hate your job, you will not have a
positive attitude toward money.
You will associate money with that dreadful
sound of the alarm clock every
morning. Once you tie up your source of wealth
and income with slavery,
that's truly what you will become: a slave.
Starting today, you should begin planning
your escape. The first thing
you should ask yourself is: "If money were no
object, what would I be
doing? What do I like to do most for fun, and is
it possible that I could
get paid for it?
Sound ludicrous? It's not. In fact, if your
work is not also your play,
you are fighting against yourself. You will
eventually burn out and hate
the world. On the other hand, if you get up
every day being exciting,
positive and looking forward to what you are
going to be doing - and making
money at it - you will automatically move toward
doing more and more of
what you love, and making more and more money at
it.
Amazing Tip #7:
You must get organized. Being a tidy, efficient
person has more influence
on how much money you make more than you can
ever imagine. A lot of us are
accustomed to associate a messy desk with genius
because we have seen so
many photos of great scientists sitting behind
stacks and stacks of junk.
But guess what? Great scientists don't get paid
squat! They are not
worried about making money. Their university or
the government takes care
of them.
You, however, want to have a lot of money,
so you can't afford to be a
slob. Think about it. Let's say you are at your
desk trying to get some
work done. You need to find the stapler, but
because your office is such a
pit, you spend 15 minutes looking for it. You've
just spent 15
unproductive minutes. Next you may need to
locate a file, and that takes
you 20 minutes of sifting through paper. Another
20 minutes down the tube.
By the end of the day, you may easily burn up
two or three hours doing
something as trivial as looking for things. The
same goes for any kind of
job you might have. If you are an auto mechanic,
how much time do you
spend trying to find a nine-sixteenth wrench,
when you could have it at
your fingertips.
It's disorganized people who are always
saying at the end of the day: "I
seem to work so hard but get very little done!"
Of course! You spent the
entire day looking for the Scotch tape!
The fact is, time is money. The more time
you spend unproductively, the
less time you are earning money. Clean up your
office. Organize
your tool shed. Get your bookwork organized.
Think of every minute saved
as a buck in your pocket.
Amazing Money Tip #8:
Make your own daily top 10 list. Speaking of
getting organized, you
should sit down every morning with your cup of
coffee and list the top 10
things you would like to get done that day. Then
organize them in priority
of importance. Start at item No. 1 and go down
the list as fast as you
can.
Make no doubt about it - this is a powerful
way to get work done. It will
put hoards of cash in your pocket. The reason is
that making money is all
about movement - forward movement. As the famous
novelist Ayn Rand told
us, in a capitalist society the most important
things a person can do is
move forward every day!
Having a top ten list will ensure that you
accomplish something every day.
You may not get through the whole list every
day, nor should you
necessarily try. Just do your best. At the end
of the day, you should be
able to look at your list with pride, examine
the scratched off items and
say: "That's what I got done today! I did
something to better my life and
create wealth!"
Again, this method has been used by a
majority of the most wealthy and
successful people in history. Shouldn't you join
the club?
Amazing Money Tip #9:
You must set
short-term goals and long-term goals. If you
don't know
where you are going, how do you expect to get
there? It's simple but
powerful logic. When you have a target sitting
out there somewhere in the
future, a target which is your goal, it can
almost act like a magnet that
pulls you toward it.
Setting solid, reachable goals which are
attainable, yet a challenge, have
proved time and time again to be one of THE most
powerful methods of
achieving wealth and success ever developed.
This has even been
demonstrated in psychology laboratories with
small furry animals. It has
been demonstrated in corporate training schemes.
It has been used
successfully again and again by countless
individuals.
Setting both short term goals and long-term
goals has the effect of
focusing your mind like a laser beam. It pulls
you along toward higher and
better things. It gives solidity to what you are
trying to accomplish, and
thus makes that which you want more real and
likely to come into your life.
As you have probably heard, it is best to
write your short-term and
long-term goals down on paper and then post them
somewhere in your
workplace and home. The first thing you should
do every morning is look
over your goal list, and then put together your
Top 10 to do list which
will move you toward your goal. The last thing
you should do every evening
is review your short-term and long-term goals,
and tell yourself as you go
to sleep that you are going to do everything in
your power to make those
goals a reality in your life.
Amazing Money Tip # 10:
Invest your money and make it work at
multiplying itself. Saving money in
a savings account is important as we said above,
but the 2.3 percent
interest rates most banks give you is not even
enough to keep pace with
inflation.
You must do more than save your money -- you
must invest it. That means
financial vehicles with super-high rates of
return, such as mutual funds
and stocks, or the more risky commodity markets.
A $5,000 investment in
commodities can return you 10 times that amount
-- $50,000 --in just a few
weeks, although you could easily lose it as
well. The bottom line is, you
should also take a portion of your savings and
put them in high interest or
high risk investment plans. That's the way to
really get ahead fast.
Amazing Money Tip #11:
Have fun! Yes, this tip easily makes our Top
Ten list because it is so
essential to your success. The great writer Ray
Bradbury once said in an
interview: "If you are not having fun, you might
as well forget it. Do
everything you do with joy and you'll be
successful."
You need to be having fun to stay positive,
and you need to stay positive
to make money. So come on! Get out their: laugh,
clap your hands, live!
Have a blast and rake in the cash! The world is
waiting for you!
