Most people fall into two catagories:
1. People who are cautious in their spending and are focused on saving and investing.
2. People who like to spend, spend, spend. They like to project a rich image but it's not real.
The place to start is to develope a savings habit. You spend less than you earn!
Very important: You might like alot of material things but you need the finances to upkeep these things, maintain them, or replace them. If you don't have the cash put aside to do this, you are using present cash flow and you are not in a position to have a serious savings plan.
As I have mentioned earlier, Creating Wealth That Lasts is about having a balanced life in all areas of life. It is multi-dimensional.
Would it be safe to say most people would like the following:
1. A more tranquil and peacful life. Be free from the stress that a lack of finances produces.
2. More leisure time. Working to live, not living to work!
3. Freedom to choose where we live, how we live,etc.
Money should not be the most important thing in your life, but money does matter and
offers an avenue to help friends and family, pursue those things that add value to our lives and to give back in positive ways to society.
Baby boomers are coming to grips with a reality that they did not envision, however, it is never too late.
Jacques
CreatingWealthThatLasts
2 comments:
Jacques, Well said my friend...That's great advice!
Thanks Craig. It's a process and we need to keep focused!
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