Skip to main content

Take control of your financial future - II




You and I know, intellectually, that money is merely a medium of exchange. It allows us to simplify the process of creating, transferring and sharing value within a society. It's a convenience that together we've created in order to allow ourselves the freedom to specialize in our life's work without having to be concerned as to whether others will find our work worthy of barter.

 We have learned to associate some of our most debilitating emotions to a scarcity of this commodity : anxiety, frustration, fear, insecurity, worry, anger, humiliation, and being overwhelmed, to name but a few.

 As we are now witnessing in Eastern Europe, political systems have been toppled by the pressure associated to financial deprivation. 

 Can you think of any country, any corporation, or anyone's personal life that has not been touched by the experience of financial stress?

 Many people make the mistake of thinking that all the challenges in their lives would dissipate if they just had enough money. 

 Nothing could  be further from the truth.Earning more money, in and of itself, rarely frees people.It's equally ridiculous to tell yourself that greater financial freedom and mastery of your finances would not offer you greater opportunities to expand, share, and create value for yourself and others.

 Conclusion: So why do so many people fail to achieve financial abundance in a nation where economic opportunity surrounds us? We live in a country where people can create net worths in the hundreds of millions starting with a little idea for a computer that they first built in their garage.All around us there are role models of unbelievable possibility, people who know how to create wealth and maintain it.

 http://www.ixigo.com/html/affiliates/affiliatesHome.ixi What is it that keeps us from getting wealth in the first place? How can it be, living in a capitalist country where our forefathers died for our right to life, liberty, and the pursuit of happiness, that 95 percent of the American population by age sixty-five, after a lifetime of work, cannot support themselves  without help from government or family?






http://www.ixigo.com/html/affiliates/affiliatesHome.ixi

Comments

Post a Comment

Popular posts from this blog

Increase your wealth

The most important thing you'll ever do in your financial life is to decide to truly understand  the various types of investments  and what their potential risks and returns are.  Responsible advisors will make certain that all of their clients thoroughly understand the kinds of investments that are available and that they take part in the development of their own financial plans.  Without a clear-cut investment plan, you will eventually fail financially. According to financial newsletter editor Dick Fabian, "Evidence shows that investors- investors in anything make no money over a ten-year period.   There are several reasons for this tragic statistic, including: 1) Not setting a goal, 2) Chasing after trendy investments; 3) Relying on reports from the financial press; 4) Blindly taking advice from brokers or financial planners; 5) Making emotional mistakes, and so on.... Fortunately, the answers to your financial questions...
Post a Comment
Read more

Take control of your financial l future...

Today we will learn about Finance  and the keys to building lasting wealth.  Wealth  today, has become a very critical aspect of our lives.Most of the tensions in life, relationship problems and self-esteem problems is because of  lack of wealth.  People don't see  who or what you are, they see  WHAT YOU HAVE.  We are often judged by our economic status.    We fail to remember that  "Money was made for Man, and not Man for Money".   True, wealth is important, but so also are human values. You may have all the wealth in the world but you may be too old to enjoy it, or you may have a  major illness which does not allow you to enjoy your wealth. Then what use is the wealth?  When we are young, our whole life goes by working hard in our jobs to  create wealth. Then after 30 or 40 years are over we find out that the wealth needs to be maintained so we work more hard to keep our wealth and we ...
Post a Comment
Read more

INVESTING : Can You Borrow Money to Buy Stocks?

  It seems like an obvious move. We’re in a bull market and stocks are soaring. Interest rates are still near historic lows. If you can borrow money at a single-digit annual interest rate, you should be able to earn enough in the market to pay off the loan and earn a substantial profit. But how does that work in practice? Can you borrow money to buy stocks? And more importantly, should you? Let’s take a closer look. Yes, You Can Borrow Money to Buy Stocks The simple answer to the question is yes: you can invest borrowed money in stocks. It’s a risky strategy. It’s also quite popular, especially during bull markets. Some people have used it very effectively and made money. Others have lost, sometimes badly. That’s the simple answer, but how do you go about doing it? The decision to invest with bor rowed money comes down to comparing the cost of borrowing versus the expected investment returns… If the returns exceed the cost, then the transaction makes economic sense. How Can You Inv...
Post a Comment
Read more