Sunday, September 27, 2009

3 Steps to More Money

I actually wrote this article and just had it published Sept. 17 (not too long ago!) I got some really good feed back soooo - I thought it was definitely worth sharing with you today! So read and enjoy...

I think sometimes we get so wrapped up in the details of wealth - that we forget about the basics. So today's article is dedicated to getting back to the basic steps of having more money. Anything and everything else you read or learn on this subject is just a more detailed, revised, or complicated version of the same thing! Here are the 3 basic steps to having more money.
 
Okay, we know what true wealth is. It's the things you can't buy - good health, family, friends, sunrises, sunsets, etc., I'm not talking about that type of wealth. I'm talking about having enough money to enjoy yourself at the end of your paycheck. Something extra to do with what you want. The ability to do this comes from following 3 pretty basic guidelines that really aren't complicated.
 
1. The most important rule to having more money: Make more than you spend, spend less than you make. This is more often than not overlooked - via credit cards, loans, cash advances, etc. If you cannot pay cash for something - do not buy it. I'm not necessarily talking about your mortgage, or vehicle (if you can, you should pay for these with cash - however, if not, make sure these monthly payments still fit comfortably within your budget). I'm talking about taking a good look at how much you actually make in a month, add up your monthly bills (this means EVERYTHING you spend money on every month) and subtract your spending amount from your income amount. This will be the amount you either have left to save and spend, OR the amount you need to "cut down". If you find you need to “cut down” – take immediate steps to accomplish this. It's that simple. Your goal is to have money left over to save and spend. Do whatever it takes to make this happen.
 
2. Take whatever you have leftover and SAVE at least 10% of this CONSISTENTLY. Even if you only have $10 dollars left - take at least $1 every payday and save or invest this. Do not touch this money - this is not even for emergencies. Once you put away this money, forget about it - let it begin to grow and then find ways to INVEST it.
 
3. Give. This is a step that many people simply ignore. You must give away a little of your wealth on a regular basis. All wealthy people do this, because there is something magical about showing the universe that you feel comfortable enough and wealthy enough to give a little away - and in so doing, more will be given to you. The trick is to do this without expecting anything in return and most importantly, with joy. So find something or someone to give to that brings you joy.
 
That's it - 3 steps to more money. If you follow these steps, I guarantee you will have more money and be on your way to acquiring more wealth in your life - everything else is just icing on the cake!

Want the icing on the cake too?! I have so much more to share with you my friends! Go to: www.creatingmoney4you.blogspot.com to read about my "dirty little secret" and how I learned how to make my money online!

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