25 Reasons You Are Not a Millionaire

Size: px
Start display at page:

Download "25 Reasons You Are Not a Millionaire"

Transcription

1 25 Reasons You Are Not a Millionaire

2 There seems to be the impression that the only reason that people aren't able to become millionaires is because they don't work hard enough. The truth is that hard work has very little to do with becoming a millionaire. That's not to say that you don't have to work hard. You do. But you also need to avoid the many pitfalls and bad decisions which end up being the real cause that most people aren't millionaires. The truth is that you don't have to have a huge salary to build wealth, but you do have to make good financial decisions (and avoid making bad ones). It's important to note that it's likely a single issue is not what is keeping you from millionaire status, but a combination of several of the things listed below. And, yes, there are exceptions to the rules, but then there are also people who win the lottery and would you really bet your retirement on winning the lottery? Here are 25 reasons that could very well be the cause of why you're not a millionaire: You Spend More Than You Make There are no secrets, and there is nothing magical, when it comes to the basics of personal finance. In order to keep your finances in order, you need to spend less than you earn. If you fail to do this one simple thing, it doesn't matter how much money you make, you'll always find that you don't have enough money to make ends meet. Spending less than you earn is not enough, however, to eventually make yourself a millionaire. You have to take it a step further and actively save and invest a portion of all the money that you make. Most people recommend this amount to be 20% of your income. If you aren't putting aside 20% of every paycheck you receive and placing it into savings and investments, chances are you aren't going to become a millionaire. You Try To Meet Other's Expectations There is nothing that will keep you from reaching your financial goals faster than trying to live up to other people's expectations. This is more commonly known as trying to "keep up with the Joneses." The simple fact is that if you're trying to live like a millionaire before you have the resources of an actual millionaire, you are never going to become a millionaire. Instead, you will simply be building up a lot of debt. Trying to keep up with the Joneses when your salary can't compete with the Joneses is how to ensure that you do not become wealthy.

3 You're Afraid of Investment Risk In order to grow your money; you are going to have to take some risk. The fact is, if you refuse to take risk, you will end up losing money year-to-year as inflation decreases the worth of the money that you do have on hand. This doesn't mean that you want to go out and invest in high risk investments, but you have to take a long-term view and make calculated risks in order to grow your money. Placing your money into stock index funds versus placing all your money in a federally insured savings account over the next 30 years for retirement is a perfect example of the difference between willingness to take some risk and not willing to take any. The person placing their investments in the stock market over this period of time will likely be a millionaire. The one who keeps it all in the savings account likely won't. You Don't Pay Yourself First One of the most fundamental steps that you can take to ensure that you put away money for yourself is to pay yourself before you pay anybody else. If your goal is to save 20% of your income, you pay yourself that 20% of your paycheck before you pay any other bills or expenses that you may have. If you try to pay yourself after you pay all your other expenses, you'll inevitably fall short at the end of the month from time to time (if not always), and fail to save as much as you had hoped. By paying yourself first, you make the commitment that wealth creation is an important part of your overall plan, and not something that hopefully gets accomplished after everything else. You Don't Understand Compound Interest One of the greatest assets to creating wealth is compound interest. If you have a fundamental understanding of how compound interest works, you'll know that it's important to begin saving money, even small amounts of money, as soon as you possibly can. The longer you have to let your money grow, the bigger the impact the compound interest will have on what you manage to save. If you don't understand how compound interest works, you'll assume that when you begin saving isn't really that important. If you don't think it matters when you begin saving, you don't understand compound interest and there's a good chance that you won't create the type of wealth that you want. Your House Is Too Big Some people assume that purchasing a big house is a good investment. While this can be the case, purchasing more house than you can afford is a good way to make sure that you're unable to create real wealth. The problem is that when you buy big, your expenses for the house are also bigger. A large house will mean bigger tax payments, more expensive upkeep, more stuff purchased to fill the house, higher insurance payments and all around more expenses than if you purchased a house that actually fits your needs. The real way to build wealth is to purchase a modest house and take all the savings that you gain from it to invest and create wealth.

4 You Replace Things Too Soon Just because there is a newer and shinier version of the gadget that you purchased a year or two ago doesn't mean that you need to buy the new gadget. If you're the type of person who is constantly replacing products that still have a useful life in order to buy something that happens to be the supposedly latest and greatest, chances are that you'll have a difficult time building the type of wealth that you want. Those who create savings to invest do so because they get value out of what they buy by keeping it through the entirety of its useful life. People who are able to afford the newest and shiniest things by upgrading every year are those who have already built their wealth, not those that are currently trying to. You Let Others Take Charge of Your Finances There is nothing wrong with getting the opinions of others to help you lay out a plan to build your wealth, but you need to be an active participant in this planning. Giving full control to somebody else to handle your money is a sure way to make sure that you fail to build the wealth that you hope to create. Creating wealth and keeping it means that it's necessary for you to understand the financial decisions which are being made, and periodically reevaluating them to make sure that they are meeting the goals you have set. Placing the full control of your finances in somebody else s hands creates a situation where you're no longer in control of your financial future, and you let someone else determine your future wealth. You Fail to Take Care of Your Health There is nothing which will drain your wealth quicker than getting sick. While you may not be able to control all aspects of your health, there are certainly steps that you can take to make sure that you are as healthy as you can possibly be. Eating right, getting exercise, taking preventative measures, getting annual check-ups and finding problems before they become truly serious all put you in a position to live a healthier life. The better you take care of your health, the better the chance that you will be able to create wealth, and keep that wealth as you age. You Get A Divorce Just as getting married can be a wonderful way to help build wealth, getting a divorce has the exact opposite effect. In fact, getting a divorce is one of the best ways to destroy the wealth that you have built up to that point. That's not to say that you should stay in a marriage solely for financial reasons, but it's important to know that divorce is usually a giant wealth destroyer, and getting a divorce will hamper the best laid plans to become a millionaire.

5 You Have Kids This probably isn't going to be the most popular item on the list of why you're not a millionaire, but the hard, cold truth is that children are expensive, very expensive. The costs associated with kids can be mitigated to some degree if you have already built some wealth and have planned the cost of having children into your budget, but that often isn't the case. Having children when you are young with a limited income greatly affects your ability to build wealth. With compound interest being so important to wealth creation, and a cornerstone of it being that the sooner you begin investing, the better, and the fact is that it's nearly impossible to put money aside when you're young with children. Any extra money you have inevitably ends up going toward the children's care instead of being invested for wealth creation. You Don't Invest In Yourself If you don't think that it's necessary to constantly and consistently improve yourself, you're going to have a difficult time becoming a millionaire. Long gone are the days when you get a job and then expect to spend the rest of your life with the same company. Or that you will gain promotions on the "buddy system" rather than by showing your worth to the company. This is especially true today where technologies are constantly changing. You should be making yourself a better person, taking the classes and doing the research necessary to stay relevant in your field, and striving to make yourself a more valuable asset to both your company and other companies in your industry. Investing money for further education and investing time to look at how you can improve are invaluable actions that go a long way to helping create wealth. You Have Only One Income Source In this day and age, if you rely on a single source of income, you will have a much more difficult time building wealth than if you have several sources. The unexpected can happen and if you derive your income from a number of different sources rather than a single one, you're in a position to be able to better protect your wealth if you should lose a job. Instead of having no income to support you while you look for new job opportunities, you have other sources coming in so you don't have to drain the wealth that you have created up to that point. Creating a number of different income sources that you can rely upon makes it more likely that you can weather difficult times without having to cannibalize the wealth you have already created.

6 You Don't Use Credit Cards To Your Advantage While there is an impression that credit cards are evil and hurt people's finances, the truth is that they are simply a money tool that can either be a benefit or a liability depending on how they are used. If you use your credit card and don't pay off the entire balance each month, they are a liability that drains your wealth. If you pay off the credit card in full each month, they can provide a wide variety of benefits that can help save money and add to your wealth creation. If you do not pay it off in full even one month a year, it becomes a liability. Understanding this allows you to use the credit card perks if you have the discipline to pay off your card each month, or avoid using it all together if you don't. You Lack Patience Wealth creation takes time. It usually takes long periods of time. That means in order to be a millionaire, you need to be patient. If you lack patience to get the things that you want until you actually have the money to afford them, you'll find that you're creating more debt than wealth. Failing to have patience while watching investments take short-term falls will have you pulling out of them and missing the longterm gains. Taking on the "slow and steady wins the race" mantra will give you a far greater chance of becoming a millionaire than making changes every time something isn't going exactly the way you want it to go because you lack the patience. You Have One Or More Bad Habits A bad habit, in this case, means anything that takes money away from you without giving more in return. The classics are smoking, gambling and drinking alcohol, but a bad habit could just as easily be that daily expensive cup of coffee or the three sodas that you have each day. It doesn't even have to be buying things. Being lazy and sitting in front of the TV five hours a day instead of working on making yourself better is also a bad habit that hurts wealth creation. Depending on the number of bad habits you have and how much they cost you on an ongoing basis, these alone could be keeping you from becoming a millionaire. You Haven't Set Financial Goals The old adage that you can't get to where you want to go if you don't know where you're going holds true with building wealth. In order to create wealth, you need to create a plan of where you want to go and how you're going to get there. If you haven't taken the time to create financial goals, it's going to be a lot more difficult to become a millionaire than if you have those goals set, and you're actively pursuing them on a regular basis. By taking the time to lay out exactly where you want your finances to go, and putting in the steps necessary to make it possible to reach those goals, you put yourself in a position where you can actually achieve them. This gives you a much greater chance of creating the wealth that you want compared to not having a plan at all.

7 You Haven't Prepared For When Things Go Wrong Life throws unexpected curves, and when they come, you need to be prepared for them. There is a reason that insurance exists, and having the proper insurance for when things do go wrong, is an important aspect of making sure that you don't squander the wealth that you have already created. It's important to realize that you not only have to earn the money, but you have to protect what you have earned in situations where things go wrong. Understanding what these risks are and taking the appropriate actions to prepare for them is essential if you don't want to suddenly lose all your wealth to a disaster. You Try to Get Rich Quickly If you're the type that is always trying to make your millions as quickly as possible, chances are that you're never going to make them at all. Wealth creation takes time, and anyone who promises you that you can get rich quick is selling you a dream that will likely make them rich, and not you. The problem with trying to get rich quickly is that it entails far greater risks than creating wealth over time. These higher risk means that rarely do the riches promised come to be. Sure, there are people who win the lottery, but they are also one of millions that try to get rich that way. The lottery, as well as other get rich quick schemes, isn't a very good financial plan, and it's one that is much more likely to leave you penniless rather than with millions. You Invest in Things That You Don't Fully Understand There is no better way to lose a lot of money quickly than to invest in things that you don't fully understand. One of the most fundamental rules when it comes to investing is understanding the risk and reward of making that investment. When you don't fully understand how an investment works, you're not able to determine the amount of risk you're taking. This makes it much easier for those who do understand how the system works to make money off of your ignorance. If you want to create wealth and eventually become a millionaire, you need to understand exactly how the things that you're investing in work. You Ignore Your Finances There are a lot of people who wish that their finances would simply take care of themselves, but taking on that type of attitude is a sure way to have your finances become a mess. Just like most things, in order to keep your finances in order and for you to be moving toward your goals, you're going to have to take time to work on them. Leaving them alone and hoping that they somehow take care of themselves instead of actively monitoring them and making needed changes as issues arise is a sure way to make sure that you never make it into the millionaire's club.

8 You Care What Your Car Looks Like Many people fail to realize that cars are depreciating assets. This means that they lose value over time and as such, they aren't a good investment. Now, just because they're not a good investment doesn't mean that you don't need one. The important thing is to understand that they are a tool to help you get around and not a statement of your worth. A car should be purchased for its usefulness and only for what the owner really needs it for. Once purchased, it should be used until it no longer has value. If you care what your car looks like and need to replace it every several years for a newer and better model because the other one looks old (or add all the non-essential bells and whistles to every car that you buy), you may be driving around in a nice car, but you probably aren't going to be a millionaire You Feel That You Deserve Better If you believe that you're entitled to things whether or not you have the money for them, there's a good chance that you're going to be creating a lot more debt than wealth. While feeling that you deserve more and that you're entitled to all the things you see that others have that you don't, may make you feel better when you make those purchases, they aren't going to make your savings and investment accounts very happy. To create wealth, you need to realize that even if you feel you deserve everything that you want, you sometimes need to forgo those wants until you can afford them. Until you can do this, you're not going to build the wealth that you want. You Lack Diversification While not having diversified investments may not seem like a big deal when the few investments you have are riding high, your wallet and wealth won't feel the same way if they take a tumble. While diversifying is no guarantee that you won't lose money, it certainly evens things out so that if you do lose, you don't necessarily lose everything. Just like you want to have more than one egg in your basket, you want to make sure that you diversify to limit the risks of wiping out all your wealth when one investment goes bad. You Don't Enjoy What You Do It's certainly possible to make money doing a job that you don't enjoy, but it's much more difficult to build wealth and become a millionaire doing one. It usually requires passion and energy to build enough wealth to become a millionaire, and if you're doing a job that you don't enjoy, chances are that you're going to have neither of these two qualities. To put in the time to move ahead to get promotions and to creatively think in ways to make you a bigger asset to whomever you're working for, you have to like what you're doing. Those that don't will have a much more difficult time climbing up the millionaire ladder.

Your 12 Step Guide to Future Financial Freedom

Your 12 Step Guide to Future Financial Freedom www.planreview.ie Your 12 Step Guide to Future Financial freedom can sound like a pipe dream when you re working hard, raising a family and coping with everything life throws at you. However, no matter

More information

We're excited to announce that the next JAFX Trading Competition will soon be live!

We're excited to announce that the next JAFX Trading Competition will soon be live! COMPETITION Competition Swipe - Version #1 Title: Know Your Way Around a Forex Platform? Here s Your Chance to Prove It! We're excited to announce that the next JAFX Trading Competition will soon be live!

More information

STRAIGHT FACTS. About Spending, Saving, And 25Making Money

STRAIGHT FACTS. About Spending, Saving, And 25Making Money STRAIGHT FACTS About Spending, Saving, And 25Making Money There is so much conflicting and confusing information about spending, saving and making money that it s hard to know which way to turn! Here are

More information

7 Signs It's Time to Hire a Virtual CFO

7 Signs It's Time to Hire a Virtual CFO 7 Signs It's Time to Hire a Virtual CFO A SPECIAL REPORT FROM NEW DIRECTION CAPITAL WWW.NEWDIRECTIONCAPITAL.COM 877-678-6464 7 Signs It's Time to Hire a Virtual CFO The economy is ever changing and the

More information

If you don t design your own life plan, chances are you ll fall into someone else s plan. And guess what they have planned for you? Not much.

If you don t design your own life plan, chances are you ll fall into someone else s plan. And guess what they have planned for you? Not much. If you don t design your own life plan, chances are you ll fall into someone else s plan. And guess what they have planned for you? Not much. Jim Rohn Hello my name is Tony Berry and I am creator of The

More information

How to Feel Like You Have Enough Money

How to Feel Like You Have Enough Money How to Feel Like You Have Enough Money This is going to be an interesting topic to talk about. We all know most people think they need to earn more than what they're making now to have Someone earns 30k/year,

More information

Buying and Holding Houses: Creating Long Term Wealth

Buying and Holding Houses: Creating Long Term Wealth Buying and Holding Houses: Creating Long Term Wealth The topic: buying and holding a house for monthly rental income and how to structure the deal. Here's how you buy a house and you rent it out and you

More information

Money How to Make It Keep It Grow It! By DC Cordova Excellerated Business Schools/Money & You Program

Money How to Make It Keep It Grow It! By DC Cordova Excellerated Business Schools/Money & You Program Special Report Habits For Success Money How to Make It Keep It Grow It! By DC Cordova Excellerated Business Schools/Money & You Program http:// Personal Habits Money Habits (including Financial Stewardship

More information

Unlimited Pay Check. By Richel Gates.

Unlimited Pay Check. By Richel Gates. Unlimited Pay Check By Richel Gates www.unlimitedpaycheck.com Congratulations! You Now Have The Rights To Pass This Book Away To Your Friends Or Subscribers. Terms and Conditions LEGAL NOTICE The Publisher

More information

Health & Happiness Guide

Health & Happiness Guide This Health & Happiness playbook is the property of Mike Goncalves. Please do not reproduce or share this content without the direct permission of the author, Mike Goncalves. Health & Happiness Guide The

More information

*BREAKING FREE FROM DEBT Proverbs 21:20. * Maybe you are like this couple. You earn money 5 days a week but you spend 7 days a week.

*BREAKING FREE FROM DEBT Proverbs 21:20. * Maybe you are like this couple. You earn money 5 days a week but you spend 7 days a week. *BREAKING FREE FROM DEBT Proverbs 21:20 Page 1 of 5 Why do you think so many people are in debt? * Maybe you are like this couple. You earn money 5 days a week but you spend 7 days a week. The simple answer

More information

Understanding Your Money

Understanding Your Money Understanding Your Money Check the Paycheck Before we get started. Are you doing this alone? If so, fine. But if you have a spouse or any other person that shares the bills or financial obligations, make

More information

Wealth Secrets of the Masters Special Report

Wealth Secrets of the Masters Special Report How to Buy a New Car Every Three Years! A Very Simple Way to Build Wealth for Your Family As I peer out my office window and look at the rolling hills of the mountain side, I reflect on my sincere desire

More information

QUESTIONS. before marriage T O A S K F R O M T H E D A T I N G D I V A S

QUESTIONS. before marriage T O A S K F R O M T H E D A T I N G D I V A S 130 + QUESTIONS T O A S K before marriage F R O M T H E D A T I N G D I V A S family our future Do you want to have kids? If yes, how many? How long after getting married would you want to wait to have

More information

Lesson Twenty-Three: Are Limiting Beliefs Holding You Back?

Lesson Twenty-Three: Are Limiting Beliefs Holding You Back? Lesson Twenty-Three: Are Limiting Beliefs Holding You Back? ACTION: Identify Limiting Beliefs and Changing Them Are limiting beliefs holding you back? Many of us have limiting beliefs and we don t even

More information

Sales Growth Strategies By Brian Tracy

Sales Growth Strategies By Brian Tracy Goals and Objectives Sales Growth Strategies By Brian Tracy Introduction Goals are not only absolutely necessary to motivate us. They are essential to really keep us alive. (Robert Schuller) Before you

More information

Do you know how to look after your money?

Do you know how to look after your money? We all want a better life. And a better life is possible. A good place to begin is learning to love and care for the things we have. Then you have a lot, my friend. And all of those are very valuable.

More information

A MAN IS NOT A PLAN ON BEING A SELF-RELIANT, FINANCIALLY SECURE WOMAN. Or how I saved my own financial future, and you can, too.

A MAN IS NOT A PLAN ON BEING A SELF-RELIANT, FINANCIALLY SECURE WOMAN. Or how I saved my own financial future, and you can, too. A MAN IS NOT A PLAN ON BEING A SELF-RELIANT, FINANCIALLY SECURE WOMAN Or how I saved my own financial future, and you can, too. MY STORY MY STORY My name is Kathy Fish. I am a woman, a wife, a mother,

More information

How to Become Rich Using just $10 Monthly!

How to Become Rich Using just $10 Monthly! How to Become Rich Using just $10 Monthly! Read it and... 1 - Learn How To Become very Successful and Rich! Give it away and... 2 - Watch How it Becomes Your own Personal Recruiting Machine! Give it away

More information

15. Be thrifty. Every penny counts. Scour the newspaper for sales. If you can get something used, do it. Reuses and recycle as well.

15. Be thrifty. Every penny counts. Scour the newspaper for sales. If you can get something used, do it. Reuses and recycle as well. - 1 - 1. Take time to plan. Invest time in working out a long term and short term financial plan. The worst thing one can do is start trying to accumulate wealth without a real idea of what they are going

More information

5 Steps to Financial Success

5 Steps to Financial Success Welcome! I'm so excited to help you better manage your finances. This may be your first attempt to get your finances in order or it may be your 10th attempt. It doesn't really matter. All that matters

More information

which all children and young people have the skills, knowledge and confidence to manage their money well, now and in the future.

which all children and young people have the skills, knowledge and confidence to manage their money well, now and in the future. About The Author Tiffany Tang was a former Financial Controller for INTI Education Group, Malaysia (part of Laureate International Universities, United States of America). Previously, she worked as a Regional

More information

Your Financial Plan: Where It All Begins

Your Financial Plan: Where It All Begins By the end of this unit, you will: Examine why it s important to have a plan for your money Know what SMART goals are Analyze how you get and spend money Use the decision-making process to create your

More information

No Cost Online Marketing

No Cost Online Marketing No Cost Online Marketing No matter what type of Internet business you have, you need to be promoting it at all times. If you don t make the effort to tell the right people about it (i.e. those people who

More information

guide for single parents

guide for single parents guide for single parents PERSONAL FINANCE 1. you must fully understand your income sources One of the biggest challenges in running a one parent household is the fact that this generally means that you

More information

"BIG AL" SCHREITER'S MAGICAL SEQUENCE OF WORDS

BIG AL SCHREITER'S MAGICAL SEQUENCE OF WORDS "BIG AL" SCHREITER'S MAGICAL SEQUENCE OF WORDS MINI-REPORT #1 Successful network marketing it is not what you say; it is in the magical sequence of words that you use. Knowing the correct sequence of words

More information

Week 1: Your Beliefs About Yourself and Your Abilities

Week 1: Your Beliefs About Yourself and Your Abilities Week 1: Your Beliefs About Yourself and Your Abilities Who are you? Beyond the roles you play in your life, which may include being a daughter or son, husband or wife, parent, business owner, employee,

More information

19 Ways to Create the Money You Need Every Time!

19 Ways to Create the Money You Need Every Time! 19 Ways to Create the Money You Need Every Time! Ever hear this from a prospective client? "I really want to work with you, but I just don't have the money!" Uggghhh! This is, hands down, the biggest objection

More information

CountrySense. So I Opened a Country Hardware Store. It Never Gets Any Easier, You Just Get STRONGER!

CountrySense. So I Opened a Country Hardware Store. It Never Gets Any Easier, You Just Get STRONGER! It Never Gets Any Easier, You Just Get STRONGER! CountrySense Solutions for Country Living So I Opened a Country Hardware Store The surprising truths no one tells you about starting and running your own

More information

COLD CALLING SCRIPTS

COLD CALLING SCRIPTS COLD CALLING SCRIPTS Portlandrocks Hello and welcome to this portion of the WSO where we look at a few cold calling scripts to use. If you want to learn more about the entire process of cold calling then

More information

3 STEPS TO REWRITING YOUR MONEY STORY

3 STEPS TO REWRITING YOUR MONEY STORY 3 STEPS TO REWRITING YOUR MONEY STORY BY: CAROL EMERSON 1 Money Stories Money stories are the beliefs we developed early in our lives about money and prosperity. We learn these mostly from our families.

More information

handbook 30 Questions to Ask Before Becoming an Independent Business Owner

handbook 30 Questions to Ask Before Becoming an Independent Business Owner 30 Questions to Ask Before Becoming an Independent Business Owner By Doug Baarman Contents Introduction... 3 5 Questions to Ask About WHERE YOU ARE TODAY... 4 5 Questions to Ask About WHY YOU WANT TO MAKE

More information

The Clixsense Report. WARNING!!!

The Clixsense Report. WARNING!!! The Clixsense Report. WARNING!!! The Information Contained In This Report Can Result In An Explosion Of Daily Income, And No Matter How Much You Earn... You Will Get Paid In Full Guaranteed! Stop Wasting

More information

Legal Notice: The Author and Publisher assume no responsibility or liability whatsoever on the behalf of any Purchaser or Reader of these materials.

Legal Notice: The Author and Publisher assume no responsibility or liability whatsoever on the behalf of any Purchaser or Reader of these materials. BACK DOOR SUPPLIERS Legal Notice: While all attempts have been made to verify information provided in this publication,neither the Author nor the Publisher assumes any responsibility for errors, omissions,

More information

ONTARIO MINISTRY OF EDUCATION

ONTARIO MINISTRY OF EDUCATION ONTARIO MINISTRY OF EDUCATION ************************************************************************ Financial Literacy in Grade 10 Guidance and Career Education GLC2O ************************************************************************

More information

Attention Small Business Owners: In The Next 3 Minutes Youll Discover The Big Business Direct Marketing Secret To Selling More While Paying Less!

Attention Small Business Owners: In The Next 3 Minutes Youll Discover The Big Business Direct Marketing Secret To Selling More While Paying Less! Copywriter: Mary Guinane McNamara Client: Copywriters & More Project: Website Sales Letter Attention Small Business Owners: In The Next 3 Minutes Youll Discover The Big Business Direct Marketing Secret

More information

Unit 2 Entrepreneurship and New Ventures. SCO 4: Understanding Entrepreneurship

Unit 2 Entrepreneurship and New Ventures. SCO 4: Understanding Entrepreneurship Unit 2 Entrepreneurship and New Ventures SCO 4: Understanding Entrepreneurship Characteristics of Entrepreneurs Many of the characteristics of entrepreneurs can be learned. Your don't have to have the

More information

Our home buyers guide. Making it easier for you to buy a home you ll love

Our home buyers guide. Making it easier for you to buy a home you ll love Our home buyers guide Making it easier for you to buy a home you ll love 1 Introduction / Our home buyers guide Buying your new home Buying a house is a big step, whether you ve done it before or you

More information

By: The 7 Keys to Financial Success

By: The 7 Keys to Financial Success By: The 7 Keys to Financial Success Background Info Over the past two years, I've been able to turn M$M into a resource that reaches tens of thousands of readers every month (aka the Debt De$troyers).

More information

The Personal Trainer Virtual Flex Program

The Personal Trainer Virtual Flex Program A Unique & Proven Business Plan for Personal Trainers That WORKS Learn how you could earn a five-figure per month income, effectively manage hundreds of clients, while increasing overall client retention,

More information

Negotiating Essentials

Negotiating Essentials Negotiating Essentials 1 Negotiating Essentials How to negotiate with your landlord about problems Being a tenant is not always easy for everyone. It is a situation that you sometimes have to deal with

More information

16 WAYS TO MOTIVATE YOURSELF TO TAKE ACTION RIGHT NOW

16 WAYS TO MOTIVATE YOURSELF TO TAKE ACTION RIGHT NOW 16 WAYS TO MOTIVATE YOURSELF TO TAKE ACTION RIGHT NOW NOTICE: You DO NOT Have the Right to Reprint or Resell this Report! You Also MAY NOT Give Away, Sell, or Share the Content Herein Copyright AltAdmin

More information

Money Management 101 How to stretch your DOLLAR

Money Management 101 How to stretch your DOLLAR Money Management 101 How to stretch your DOLLAR 1 MONEY What is Money? It is a man-made common medium of exchange for goods and services. Your money is actually a part of your time and life. For example,

More information

Transcript of the podcasted interview: How to negotiate with your boss by W.P. Carey School of Business

Transcript of the podcasted interview: How to negotiate with your boss by W.P. Carey School of Business Transcript of the podcasted interview: How to negotiate with your boss by W.P. Carey School of Business Knowledge: One of the most difficult tasks for a worker is negotiating with a boss. Whether it's

More information

No Money Down Internet Business: How To Build A Successful Online Business, Without Spending One Penny! By John Lagoudakis READ ONLINE

No Money Down Internet Business: How To Build A Successful Online Business, Without Spending One Penny! By John Lagoudakis READ ONLINE No Money Down Internet Business: How To Build A Successful Online Business, Without Spending One Penny! By John Lagoudakis READ ONLINE Starting a business takes a fair amount of money ask anyone who's

More information

What Do You Think? With a partner, indicate whether each statement is True or False: Teens get most of their money from part-time jobs.

What Do You Think? With a partner, indicate whether each statement is True or False: Teens get most of their money from part-time jobs. NEFE Unit 1 - Your Financial Plan: Where It All Begins It is possible for you to do all of these things if you get savvy about managing your money. In this unit, you will begin your journey toward savvy

More information

The Alternative to AUM-Based Fees: The Total Profitability Retainer Formula

The Alternative to AUM-Based Fees: The Total Profitability Retainer Formula The Alternative to AUM-Based Fees: The Total Profitability Retainer Formula July 31, 2012 by Bob Veres Three weeks ago, in this space, I made the case that a lot of advisors perhaps most are deliberately

More information

Get Paid More and Promoted Faster: 21 Great Ways to Get Ahead in Your Career

Get Paid More and Promoted Faster: 21 Great Ways to Get Ahead in Your Career An Excerpt From Get Paid More and Promoted Faster: 21 Great Ways to Get Ahead in Your Career by Brian Tracy Published by Berrett-Koehler Publishers Contents Preface ix Introduction: Taking Charge of Your

More information

Your Money Relationship. Quiz. If money was a person, what would your relationship with them look like?

Your Money Relationship. Quiz. If money was a person, what would your relationship with them look like? Your Money Relationship Quiz If money was a person, what would your relationship with them look like? Is your relationship based in love, respect, and gratitude? Or is it based in fear, scarcity, and avoidance?

More information

BOOSTING AFFILIATE PROFITS

BOOSTING AFFILIATE PROFITS BOOSTING AFFILIATE PROFITS HOW TO MAKE MORE MONEY Jonathan Leger COURTESY OF LEARNFROMJON.COM - PRIVATE BUSINESS COACHING FROM A MULTI-MILLION DOLLAR INTERNET MARKETER + ACCESS TO PREMIUM AND EXCLUSIVE

More information

Intro: The One Minute Millionaire The Enlightened Way to Wealth Written by Mark Victor Hansen & Robert Allen

Intro: The One Minute Millionaire The Enlightened Way to Wealth Written by Mark Victor Hansen & Robert Allen Intro: The One Minute Millionaire The Enlightened Way to Wealth Written by Mark Victor Hansen & Robert Allen This book is a New York Times Best Seller and I can see why. If you are not familiar with the

More information

20 WAYS TO IMPROVE YOUR FINANCES IN UNDER 20 MINUTES

20 WAYS TO IMPROVE YOUR FINANCES IN UNDER 20 MINUTES 20 WAYS TO IMPROVE YOUR FINANCES IN UNDER 20 MINUTES We are all busy, sometime it is really difficult to take the time to think about and act on ways to improve our finances. In the past, I have repeatedly

More information

GET PAID NOW... Make Money Right From The Start Using My Postcard Affiliate Income System.

GET PAID NOW... Make Money Right From The Start Using My Postcard Affiliate Income System. IT S PAYDAY! HERE S YOUR PAYCHECK!! GET PAID NOW... Make Money Right From The Start Using My Postcard Affiliate Income System. I Send Out Real Paychecks Every Other Friday to My Affiliates. Spend Only

More information

IB Interview Guide: How to Walk Through Your Resume or CV as an Undergrad or Recent Grad

IB Interview Guide: How to Walk Through Your Resume or CV as an Undergrad or Recent Grad IB Interview Guide: How to Walk Through Your Resume or CV as an Undergrad or Recent Grad Hello, and welcome to this next lesson in this module on how to tell your story, in other words how to walk through

More information

3 Ways to Make $10 an Hour

3 Ways to Make $10 an Hour 3 Ways to Make $10 an Hour By Raja Kamil 1 We didn't start online businesses to make 10 bucks an hour, right? Our goals are obviously much bigger. But here's what new comers need to know that only seasoned

More information

Andrea Matthes, CPT, CF-L1

Andrea Matthes, CPT, CF-L1 Andrea Matthes, CPT, CF-L1 Introduction Motivate/Motivated/Motivation You know those words. That oh-so elusive thing commonly associated with diet and exercise? The one we re all seeking to master in order

More information

Tim Sales Inviting Scripts

Tim Sales Inviting Scripts Free Bonus Scripts for MLMBrilliance Subscribers Tim Sales Inviting Scripts Author, Tim Sales Special points of interest: If you can invite well, you can always put prospects in front of good presenters

More information

How to Overcome the Top Ten Objections for Financial Advisors

How to Overcome the Top Ten Objections for Financial Advisors How to Overcome the Top Ten Objections for Financial Advisors I began my career selling investments over the phone, and I know how hard it is to compete with someone a prospect may already be doing business

More information

You Can Do 100+ Deals a Year!

You Can Do 100+ Deals a Year! Yes You Can Do 100+ Deals a Year! By Mike Ferry Page 1 of 13 YES, YOU CAN DO 100+ DEALS A YEAR! I believe this statement as much as I believe anything and my job today is to convince you that you can do

More information

Part 1 DECIDE HOW MUCH YOU WANT COPYRIGHTED MATERIAL

Part 1 DECIDE HOW MUCH YOU WANT COPYRIGHTED MATERIAL Part 1 DECIDE HOW MUCH YOU WANT COPYRIGHTED MATERIAL DECIDE HOW MUCH YOU WANT 3 It s no use saying I just want to have loads of money that s not going to work. Instead, you must build a picture so real

More information

You Can Get Paid Each Time Our Phone Rings.

You Can Get Paid Each Time Our Phone Rings. SECTION #2 Do you want us to do everything for you? If so, read this Section and let me show you how... You Can Get Paid Each Time Our Phone Rings. Dear Friend and New Business Partner, This Section will

More information

My 1Life Road Map. Starting Point

My 1Life Road Map. Starting Point Starting Point Milestone 1 Milestone 2 Milestone 3 Milestone 4 Milestone 5 Dream It Plan It Live It Life Mastery Community Support My 1Life Road Map 1Life Fully Lived Overview It s time for a bigger life!

More information

BOOK MARKETING: Profitable Book Marketing Ideas Interview with Amy Harrop

BOOK MARKETING: Profitable Book Marketing Ideas Interview with Amy Harrop BOOK MARKETING: Profitable Book Marketing Ideas Interview with Amy Harrop Welcome to Book Marketing Mentors, the weekly podcast where you learn proven strategies, tools, ideas, and tips from the masters.

More information

Achieving Work-Life Balance Teleseminar. By: Brian Tracy. June 24 th, 2008

Achieving Work-Life Balance Teleseminar. By: Brian Tracy. June 24 th, 2008 Achieving Work-Life Balance Teleseminar By: Brian Tracy June 24 th, 2008 Your goal is to live a long, happy life, full of joy and satisfaction, to realize your potential, and to become everything you are

More information

Dodge Development, Inc. 423 W Wheatland Rd, Ste 102 Duncanville TX or

Dodge Development, Inc. 423 W Wheatland Rd, Ste 102 Duncanville TX or Dodge Development, Inc. 423 W Wheatland Rd, Ste 102 Duncanville TX 75116 972-780-7459 or 800-473-1698 www.bryandodge.com Table of Contents Personal Development... 3 Discipline... 6 Leadership/Management...

More information

SMART GOAL SETTING. Table of Contents

SMART GOAL SETTING. Table of Contents Table of Contents Why Goal Setting Is Essential for Success in Life and Business... 2 Be SMART About Setting Your Goals... 5 Make Your Goals Specific and Action-Oriented... 8 Staying on Track with Your

More information

2015 Farnoosh, Inc. 1 EPISODE 119 [ASK FARNOOSH] [00:00:33]

2015 Farnoosh, Inc. 1 EPISODE 119 [ASK FARNOOSH] [00:00:33] EPISODE 119 [ASK FARNOOSH] [00:00:33] FT: You're listening to So Money everyone. Welcome back. I'm your host Farnoosh Torabi. For all you mothers out there, happy Mother's Day! It's funny, I'm a mother

More information

Would You Like To Earn $1000 s With The Click Of A Button?

Would You Like To Earn $1000 s With The Click Of A Button? Would You Like To Earn $1000 s With The Click Of A Button? (Follow these easy step by step instructions and you will) - 100% Support and all questions answered! - Make financial stress a thing of the past!

More information

CLICK HERE TO SUBSCRIBE

CLICK HERE TO SUBSCRIBE Mike Morrison: Welcome to episode 68 of the Membership Guys podcast with me, your host, Mike Morrison, one half of the Membership Guys. If you are planning on running a membership web site, this is the

More information

Myth Bookkeeper SAMPLE MICHAEL E. GERBER. Why Most Bookkeeping Practices Don t Work and What to Do About It CHAPTER

Myth Bookkeeper SAMPLE MICHAEL E. GERBER. Why Most Bookkeeping Practices Don t Work and What to Do About It CHAPTER From the Best-Selling Author of The E-Myth SAMPLE CHAPTER Myth Bookkeeper Why Most Bookkeeping Practices Don t Work and What to Do About It MICHAEL E. GERBER C h a p t e r 6 The Bookkeeping Business Journey

More information

The Power of Wealth Creation

The Power of Wealth Creation - Mindset Series - Wealth Creation Principles The Power of Wealth Creation This Free e-book is a gift to you to help you achieve your wealth goals. Kostas Augerinos KAA Australia, Copyright 2012. Free

More information

MOBE 21 Steps Strategy Session Preparation Growth Work Worksheet (Coach David Traub)

MOBE 21 Steps Strategy Session Preparation Growth Work Worksheet (Coach David Traub) MOBE 21 Steps Strategy Session Preparation Growth Work Worksheet (Coach David Traub) You do not need to send this worksheet in to me, but make sure you have it completed and in front of you before our

More information

INTRODUCTION. Wealthy Gorilla has reached over 1.3 million people online in the short 2 years I ve been trying to inspire and motivate people.

INTRODUCTION. Wealthy Gorilla has reached over 1.3 million people online in the short 2 years I ve been trying to inspire and motivate people. INTRODUCTION I built WealthyGorilla.com on the 19 th April 2014, in my bedroom, after suffering from a break-up, and struggling to find my purpose. Struggling to find that sense of passion, and love for

More information

Getting Financially Fit in Your Forties

Getting Financially Fit in Your Forties Getting Financially Fit in Your Forties Getting financially fit in your forties starts with smart money management. Your forties are an exciting time in your life. While everyone takes a different journey,

More information

How to Achieve Your Goals A Comprehensive Guide

How to Achieve Your Goals A Comprehensive Guide How to Achieve Your Goals A Comprehensive Guide Introduction Have you ever looked at someone successful and thought any of these things? "Wow - she is so lucky." "I wish I could do that!" "He is way smarter

More information

How to get your dream life in 3 easy steps.

How to get your dream life in 3 easy steps. How to get your dream life in 3 easy steps. What is your current reality? Do you like it? Do you like the life that you are living right now? Do you feel lost? Stressed? Worried about your future? Not

More information

Getting Affiliates to Sell Your Stuff: What You Need To Know

Getting Affiliates to Sell Your Stuff: What You Need To Know Getting Affiliates to Sell Your Stuff: What You Need To Know 1 Getting affiliates to promote your products can be easier money than you could make on your own because... They attract buyers you otherwise

More information

Do Not Quit On YOU. Creating momentum

Do Not Quit On YOU. Creating momentum Do Not Quit On YOU See, here's the thing: At some point, if you want to change your life and get to where it is you want to go, you're going to have to deal with the conflict of your time on your job.

More information

**You should have a checklist and make sure you are covering these six items as much as possible when you are writing.**

**You should have a checklist and make sure you are covering these six items as much as possible when you are writing.** I think marketers in general trade away long-term customer-value, and long-term business value by not being really focused with the bait they put out into the marketplace about who it attracts. It's fairly

More information

Class 1 - Introduction

Class 1 - Introduction Class 1 - Introduction Today you're going to learn about the potential to start and grow your own successful virtual bookkeeping business. Now, I love bookkeeping as a business model, because according

More information

************************************************************************ Financial Literacy in Grades 9 and 10 The Arts Music AMU1O and AMG2O

************************************************************************ Financial Literacy in Grades 9 and 10 The Arts Music AMU1O and AMG2O ************************************************************************ Financial Literacy in Grades 9 and 10 The Arts Music AMU1O and AMG2O ************************************************************************

More information

The Guru Code Quick Start Steps

The Guru Code Quick Start Steps The Guru Code Quick Start Steps By Paul Mascetta Copyright Influence Mastery Inc.!1 Step 1: Find Your Sweet Spot 4 Step 2: Create Your Avatar 7 Step 3: Develop Your Story 10 Step 4: Build An Online Presence

More information

just going to flop as soon as the doors open because it's like that old saying, if a tree falls in the wood and no one's around to hear it.

just going to flop as soon as the doors open because it's like that old saying, if a tree falls in the wood and no one's around to hear it. Mike Morrison: What's up, everyone? Welcome to episode 141 of The Membership Guys podcast. I'm your host, Mike Morrison, and this is the show for anybody serious about building and growing a successful

More information

What can your adviser do for you?

What can your adviser do for you? What can your adviser do for you? 2 What can your adviser do for you? Contents 1 Manage your cash flow 2 Put your debt to work 3 Assist you with a savings plan 4 Invest your money 5 Help you realise your

More information

The Real Secret Of Making Passive Income By Using Internet At Your Spare Time!

The Real Secret Of Making Passive Income By Using Internet At Your Spare Time! Internet Marketing - Quick Starter Guide The Real Secret Of Making Passive Income By Using Internet At Your Spare Time! FILJUN TEJANO Table of Contents About the Author 2 Internet Marketing Tips For The

More information

Appointment Setter Training

Appointment Setter Training Appointment Setter Training Setting appointments on the phone is a numbers game. Numbers never lie and as long you follow our script and personalize it to you, you will have success. Consistency is the

More information

Better banking for Victorians

Better banking for Victorians Better banking for Victorians Victoria deserves a first-class bank of its own. Bank of Melbourne is that bank. We re serious about offering Victorians a genuine banking alternative. We re local too. That

More information

How to not freak out about your finances. (It s really not that bad)

How to not freak out about your finances. (It s really not that bad) How to not freak out about your finances (It s really not that bad) 1. 2. 3. 4. Spending Saving Debt Earning If you learn nothing else... By the end of this talk, you should know: (don t worry, you can

More information

*** The INSTANT CASH Program ***

*** The INSTANT CASH Program *** With tne Unstable Economy... CASH Has Never Been More Necessary Than NOW! *** The INSTANT CASH Program *** Cash isn't everything in life, but it sure makes everything easier! Don't Like Working On-Line?

More information

Budget Check List & Tips

Budget Check List & Tips Budget Check List & Tips Below you'll find a check list that will help you determine all of your expenses and income. Then you can decide where you can cut and where you can't to meet your goal. Trust

More information

7 Rules of an Alpha Male

7 Rules of an Alpha Male 7 Rules of an Alpha Male Attract Women by Becoming a Better Man By John Howkins This is a preview version of the book The Rules of an Alpha Male. 7 Rules of an Alpha Male Never wait for opportunity. You

More information

However, it is possible to live without a paycheck for an extended period of time but only if you plan for it.

However, it is possible to live without a paycheck for an extended period of time but only if you plan for it. LIVING FROM PAYCHECK TO NO CHECK Smart Financial Planning Can Help You Get Through the Transitions ENGLEWOOD, COLORADO Have you ever spent a Friday afternoon daydreaming about quitting your steady full-time

More information

Content Continues Below

Content Continues Below 7 Secrets to Success Ever wish you had a cheat sheet for starting a great business? Icon Brian Tracy's 7 core principles are as close to it as you can get. By Brian Tracy Entrepreneur Magazine There are

More information

ECO LECTURE 36 1 WELL, SO WHAT WE WANT TO DO TODAY, WE WANT TO PICK UP WHERE WE STOPPED LAST TIME. IF YOU'LL REMEMBER, WE WERE TALKING ABOUT

ECO LECTURE 36 1 WELL, SO WHAT WE WANT TO DO TODAY, WE WANT TO PICK UP WHERE WE STOPPED LAST TIME. IF YOU'LL REMEMBER, WE WERE TALKING ABOUT ECO 155 750 LECTURE 36 1 WELL, SO WHAT WE WANT TO DO TODAY, WE WANT TO PICK UP WHERE WE STOPPED LAST TIME. IF YOU'LL REMEMBER, WE WERE TALKING ABOUT THE MODERN QUANTITY THEORY OF MONEY. IF YOU'LL REMEMBER,

More information

GOALS: LONG-TERM AND SHORT-TERM CRITERIA FOR SUCCESSFUL GOAL SETTING

GOALS: LONG-TERM AND SHORT-TERM CRITERIA FOR SUCCESSFUL GOAL SETTING GOALS: LONG-TERM AND SHORT-TERM Goals are divided into two types: long and short-term. Long-term goals provide targets to aim toward. They need not be specific; in fact, long-term goals should be flexible

More information

FPU Announcement Scripts

FPU Announcement Scripts FPU Announcement Scripts Need a hand introducing Financial Peace University to your congregation? Here are some FPU announcement scripts to get you started. For those of you who don t speak in front of

More information

GOAL SETTING WORKBOOK. Ruth Soukup. filling the time jar.

GOAL SETTING WORKBOOK. Ruth Soukup. filling the time jar. filling the time jar GOAL SETTING WORKBOOK Ruth Soukup www.livingwellspendingless.com What holds you back? Life moves fast. There is too much to do and seemingly never quite enough time to get it all done.

More information

Page 1 of 25

Page 1 of 25 Page 1 of 25 Created & Published By Ben Doyle & Greg Tebb Copyright 2012 Ben Doyle & Greg Tebb. All rights reserved. DISCLAIMER AND TERMS OF USE AGREEMENT Every effort has been made to make this publication

More information

c. to be able to enjoy outstanding food service and a hotel like dorm room d. because that's what everyone does once they graduate from high school

c. to be able to enjoy outstanding food service and a hotel like dorm room d. because that's what everyone does once they graduate from high school Financial Planning Quiz 1. The reason I am at the university is: a. to get a good education b. to be able to attend football and basketball games c. to be able to enjoy outstanding food service and a hotel

More information

Reversing Subconscious Limiting Beliefs in 2 Hours

Reversing Subconscious Limiting Beliefs in 2 Hours Pull From Within Reversing Subconscious Limiting Beliefs in 2 Hours First and foremost, you are NOT alone. Everyone has subconscious limiting beliefs. Most of the time, you don't even realize they're there.

More information