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Stop Budgeting and Start Spending!
A fast and easy solution to your money problems: Stop budgeting and
start spending before it is too late. Your financial life depends on
it!
Our language, and the way we use words can give insight into the part
of the world we are from, our cultural heritage, and our social
status. The words that we use play a very important role in the way
we view the world, and the way the world views us.
Some words may seem simple, but they have a tremendous psychological
effect on us.
The word budget is one such word.
When you read the word budget what goes through your mind? Self-
denial? Hardship? Cut backs? Hunger?
The word implies that something has to be taken away. When we say
budget, it is like saying we are going on a diet. We are going to
limit what we do, tighten the belt, and deny ourselves of the things
we most enjoy. Budgeting gives us a monk like quality.
It gives us a sense of denying ourselves for a greater cause. We
will sacrifice!
Wrong, wrong, wrong! Stop! Stop! Stop!
There is a reason the monk population is not bursting at the seams.
When we deny self, we are more times unsuccessful than successful.
Why, because it is not natural to deny self. In the Diet industry,
they call it the yo- yo effect. Human nature dictates that we do one
of two things. Seek pleasure, or avoid pain. Self-denial is
painful. When we finally stop dieting or budgeting, we revert back
to old ways of thinking. We go back to what has been comfortable,
and gave us pleasure. We end up where we started. We spend!
So here is a quick solution to all your money problems!
When economic forecasters on TV talk about what pulls the country out
of a recession, and financial trouble, they always say that consumer
spending is needed. If consumers stop spending, the economy falters,
people lose jobs, people lose hope, and families suffer.
Using the language and concepts of TV Prognosticators, here is the
greatest solution to the financial prosperity challenge since the
advent of currency.
Start spending.
In order to secure your personal financial future, you must not
budget, you must spend!
A fast and easy spending solution to your money problems:
#1. Spend to reduce outstanding debt:
Spend all available money to reduce debt.
By reducing your debt, you in effect increase your return on
investment. The greater the return on investment, the more money you
keep in your pocket, after taxes and inflation. By concentrating on
reducing debt first, you in effect increase the ability of your money
to work harder for you over a longer period of time.
#2. Spend to a savings or investment program:
By spending to an investment program, you systematically plan for
your future. Concentrate on Investing after you have substantially
reduced you debt. By trying to focus on both debt reduction and
investments simultaneously, you dilute your money's ability to work
for you.
Focus the power of compounding taking one step at a time.
#3. Spend to increase learning and skills:
The most neglected investment is in our education. We have to be
educated in order to improve our value as workers managers, and
citizens. Economists call it human capital. Spending in human
capital is vital to your future ability to earn and prosper. Learn
more to earn more. Income is in proportion to human capital.
These simple steps will catapult you to great wealth and
prosperity. Hurry! Put your spending plan together before it is
too late!
Maximize your dreams
Organize to overcome obstacles
Network to net-worth
Enjoy the moment
Yield abundance
Until Next time,
Your money coach
Todd A. Williams
Resource:
Todd A. Williams
Author-Speaker-Money Coach
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