iSpy Money

Most of us are accustomed to making a payment on a house, cars and consumer
debt, but just because we can make the monthly payment does not mean we can
afford it.
Affording something really means paying cash for it and having money left over. So that
means most people misunderstand what affording something means.
Most people
are in debt and pay hundreds of dollars per month in interest that could be
going towards starting a business or investment account.
What
is debt doing to you?
Is it dividing your family?
Does it force you to
work two jobs?
Is it robbing you of family time?
Is debt stealing your
retirement from you?
Unfortunately most people are broke by choice. Maybe
they don’t know any better, but the fact remains that if we keep trading time
for money, do not invest for our retirement and
live below our means we will always remain broke. Those are financial truths –
take them or leave them.
Here are some great financial rules to live
by.
1. Do not borrow money on anything that depreciates.
2. “It’s not how
much you make, it’s how much you keep that is important.” Blaine Harris
3.
“The people who understand money spend it on assets that generate wealth. Those
who don’t understand money spend it on things that consume wealth, and thus the
rich get richer and the poor get poorer.” Blaine Harris
4. A wealthy
industrialist once said, “The source of all my wealth and power is making others
depend on me for there food.” John Kalanch
5. Jim Rohn said, “If you depend
on your company to take care of your retirement your future income will be
divided by five. Take care of it yourself, and you can multiply your future
income by five.”
6. George Odiorne said, “If you can’t measure it, you can’t
manage it”.
7. “You must know the difference between an asset and a
liability and by assets, we mean assets produce income – the best assets pay
cash.” Robert Kiyosaki
8. Jim Rohn, “The man says, ‘If I had a fortune, I’d
take good care of it. But I only have a paycheck and I don’t know where it all
goes.’ Wouldn’t you love to have him running your company?”
9. “Money is
simply a tool for success or mediocrity. It all depends on how you use it.” Doug
Firebaugh
10. Jim Rohn said, “The philosophy of the rich versus the poor is
this: The rich invest their money
and spend what is left; the poor spend their money and invest what is left.” Why
do you work?
11. Proverbs 3:9-10 says that, “God gives the seed, power and
increase for us to get wealthy. God will see to it that if you handle the seed
and the power properly, you will have the increase.”
Have you heard the story
of the donkey and the cow?
A master throws his donkey and cow down in an old
well because he does not think they are worth keeping anymore. The master has
one of his workers start throwing dirt down in the old well to bury them in. The
dirt starts to fall on top of their heads and the cow begins to panic. The
donkey tells the cow I have been in this situation before. Every time the dirt
comes down trample it down. As the dirt falls the donkey and cow trample down
the dirt and step by step they rise up inch by inch until they can see the
worker. The worker is thinking to himself if they can get out I can take them
home, so he keeps throwing dirt down the hole. More time passes by the donkey
and cow step out of the hole and of course the worker takes donkey and cow home.

The moral is, there is always a way out, one step at a time.

About the Author:

I am a recovering alcoholic and addict. I have been in-debt, lost my home, my
cars, my wife and my kids. Now my family and finances are restored.
Today I
am the President and CEO of The Long Financial Investment Group LLC and I own
three Total Image International Business Centers and a very successful business
website at;
www.shopbusinessnation.com
Discipline has made me
successful.
I have been married for 18 years and am a father of three great
kids living in beautiful Central Oregon.
Bryan Long
All Things are
Possible

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