Thursday, March 4, 2010 - My wife and I have excellent creditWe just don't...
My wife and I have excellent creditWe just don't cave into the pressure and spend our savings or liquidate stocks to pay for consumer debtThat is not too financially intelligent
So the answer is:
1Don't get into large debt positions that you have to pay for Keep your expenses lowBuild up assets firstThen, buy the big house or nice carBeing stuck in the rat race is not intelligentWhen you come up short, let the pressure build and don't dip into your savings or investments Use the pressure to inspire your financial genius to come up with new ways of making more money and then pay your billsYou will have increased your ability to make more money as well as your financial intelligence; : So many times I have gotten into financial chanel bucket tote bag hot water, and used my brain to create more income, while staunchly defending the assets in my asset columnMy bookkeeper has screamed and dived for cover, but I was like a good trooper defending the fort, Fort Assets
Poor people have poor habitsA common bad habit is innocently called "Dipping into savings The rich know that savings are only used to create more money, not to pay bills
I know that sounds tough, but as I said, if you're not tough inside, the world will always push you around anyway
If you do not like financial pressure, then find a formula that works for youA good one is to cut expenses, put your money in the bank, pay more than your fair share of income tax, buy safe mutual funds and take the vow of the average But pochette louis vuitton this violates the "pay yourself first" rule
The rule does not encourage self-sacrifice or financial abstinenceIt doesn't mean pay yourself first and starveLife was meant to be enjoyedIf you call on your financial genius, you can have all the goodies of life, get rich and pay bills, without sacrificing the good lifeAnd that is financial intelligencePAY YOUR BROKERS WELL: The power of good adviceI often see people posting a sign in front of their house that says, "For Sale by Owner Or I see on TV today many people claiming to be "Discount Brokers
My rich dad taught me to take the opposite tackHe believed in paying professionals well, and I have adopted that policy alsoToday, I have expensive attorneys, accountants, real estate copy mulberry handbag brokers and stockbrokersWhy? Because if, and I do mean if, the people are professionals, their services should make you moneyAnd the more money they make, the more money I make
We live in the Information AgeInformation is pricelessA good broker should provide you with information as well as take the time to educate youI have several brokers who are willing to do that for meSome taught me when I had little or no money, and I am still with them today
What I pay a broker is tiny in comparison with what kind of money I can make because of the information they provide I love it when my real estate broker or stockbroker makes a lot of money Because it usually means I made a lot of money
A good broker saves me time in addition to making me gucci knockoff handbags money-as when I bought the piece of vacant land for $9,000 and sold it immediately for over $25,000, so I could buy my Porsche quicker
A broker is your eyes and ears to the marketThey're there every day so I do not have to beI'd rather play golf
Also, people who sell their house on their own must not value their time muchWhy would I want to save a few bucks when I could use that time to make more money or spend it with those I love? What I find funny is that so many poor and middle class people insist on tipping restaurant help 15 to 20 percent even for bad service and complain about paying a broker 3 to 7 percentThey enjoy tipping people in the
expense column and stiffing people in the asset columnThat is not financially omega fake watches intellige
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