You are what you think!

Over the past year I have read several books on the subject of how our mind works. What I have found out is that most people choose to live with the herd. What do I mean by that? People don't think on their own, they follow the crowd and forget why they even do what they do. Ask anybody why they go to work. Answer to earn a living. How many people are actually following their passion in life? Not too many, most fell into the work their doing and have not figured out how to get out of it. A recent survey stated that over 50% of Americans hated what they did and hated who they worked with and who they worked for. So why is this so, because people have chosen  to sit and veg in front of the TV. The late great Jim Rohn said that formal education will get you a job, and self-education will make you a fortune. So how do we take control of our minds? First, you need to stop reading the newspaper. Second, stop watching the local and national news. You are now thinking how do I stay informed, trust me on this, you will have plenty of people watching and reading for you. When something important happens somebody will ask you if you have heard about such and such. You will feel much better when you do this and your attitude will change. The news is designed to be negative and to draw you in, it serves no purpose. So go to your local library and pick up a book to improve yourself. Just think how much you can change your life with self improving. In my next post I will give you some suggestion on what to read..... Okay, here is a classic must read ..... Think and Grow Rich .... By Napoleon Hill... So throw out the news papers, turn off the TV and Read to Grow... To your Success

Do your ENDS meets!

Sometimes I wonder why we like pain so much when it comes to finances. Did you know that in United States, the average family has more that $10,000 in credit card debt. That figure does not include car loans, student loans or personal loans. Did you know that 3-1o people have never sat down with anyone to figure out what they will need to retire. So I ask the question, do your ENDS meet. You are probably wondering what I mean by that. Do you run out of money before you run out of month, if you do, then your ENDS don't meet. What do you do to fix it? First your just like a business, either you have a revenue problem or you have a spending problem. Don't worry most people have both. If just have a spending problem that is easy to fix, if you can't pay cash for it you can't afford it. Pretty simple is it not. Second, admit that you have a problem and work to solve it. Not sure who to turn too, You can watch Dave Ramsey on Fox Business and check out his website, You can read Suzy Orman books. Those are good options to help you with your financial picture. If you have too much debt and no savings you will have a hard time retiring. If your money is a bank, I suggest that you move it to where it will grow. The only guarantees at your bank is that it is guaranteed to loose money over time. Most people are never taught the rule of 72, and it says that if you want to know how long it takes for a lump sum of money to double, divide your interest rate in the number 72 and that will give you an approximate time in years. Example 72 divided by an interest rate of 4% it would double in 18 years. So you do the math banks pay savings accounts at a rate of about.75% or less. That's why it is important to start saving early in life. You want your money to double as many times as possible. Just invest wisely. Learn what your doing, this is one part of life where you don't want to be ignorant.