Marcel Legros - Play the Game of Life

Get comfortable with money. Believe it or not, most of us are not comfortable with money. At some level, many of us believe that having money means we did something wrong, we cheated someone, or at any rate, we don’t deserve it. As you might imagine, this results in us not having much money. So if you want more money, start getting comfortable with having money. Start thinking of exactly how much money you would want and write that number down. Then really get creative and start thinking of ways you might get that much money. Then visualize how you would feel having all that money and analyze what kinds of thoughts that brings up. Take the negative thoughts that come up and really look at them to see how true they are. Each day visualize yourself having that money and how you think and feel about it, and keep working on making yourself comfortable with having the money.

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Most of us have a strange concept of wealth. We aren’t taught properly in school how to manage money even though it’s crucial to our success. Parents often teach that money isn’t important or denounce it as ‘the root of all evil.’ They watch celebrities on tv and say, “Wow! Wouldn’t it be great to have millions and live like that?” We’re taught to place no value on money, but to desperately wish for the lifestyle it affords. What a horrible irony.

Creating wealth is first achieved by changing your attitude about it.

* Money isn’t evil.
* You can create incredible riches if you educate yourself about finance. Strive towards making money work for you, instead of having to always work for money.

How Long Can You Survive If You Lost Your Job Tomorrow?

Don’t confuse wealth with earnings, possessions or flashy appearances. Wealth is measured in time, not dollars. If you stopped working today, how many weeks, months, or years can you cover all your living expenses? If the answer is “forever,” then you’re wealthy.
Assets and Liabilities

I learned a lot about assets and liabilities from Robert T. Kiyosaki’s book, “Rich Dad, Poor Dad.” It’s deadly simple:

* Assets earn money even when you aren’t physically there, working for it.
* Liabilities cost you money - usually in the form of monthly payments.

The problem is, we think our possessions are assets, when they are actually liabilities. Do you realize your home isn’t an asset, but your single greatest liability? Until you pay it off, your home is only an asset to the bank. The word ‘mortgage’ comes from the French, loosely meaning “contract until death,” or “death pledge.” No wonder most of us are in debt our whole lives!

Always work towards building your assets and cutting your liabilities. Only purchase a luxury if you are sure your assets can pay for it. Do your assets pay for your lifestyle or is the bank getting fabulously rich at your expense?

If You’re In Debt, Here is Your Escape Route…

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Want to be happy?

Maybe you should stop concentrating on making money quite so much. I am not against money, far from it, but the latest research on happiness, had some real surprises. One of the biggest findings was that after we have satisfied our basic needs money wise, there is no correlation between increased happiness and increased wealth. Medium income people are as happy as high income people.

So if your goal is money, go for it, but if your goal is happiness, you may want to relook at you plan to get there and see if you can’t take a different route, given this new information.

Edward W. Smith brings the One Minute Motivators to you. Mr. Smith is the author of Sixty Seconds To Success, the Producer/Host of the Bright Moment cable TV show, is President of The Bright Moment Seminars, and a motivational speaker.

If you like the One Minute Motivators, you will love Sixty Seconds To Success. Click and invest $13.95 to move your life ahead.

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There is a simple rule for buying and selling products or services we must all know. It can be summarized with “Good, Cheap, and Fast.” The catch is, you can only pick two out of the three categories.

If you want something high in quality, and you want it quickly, you can’t buy or sell it cheaply. If you need to buy or sell cheaply, you can choose either high quality, or fast delivery, but not both.

There are only 3 possible combinations:

* Good quality, cheap price, but slow delivery.
* Cheap price, fast delivery, but low in quality.
* Fast delivery, good, quality, but expensive.

Whenever you decide to buy or sell goods or services, decide which two categories are most important to you and then make sure the other two categories are present. If you’re only getting one out of three, it’s a bad deal.

If you are lucky enough to find a product or service that is good, cheap, and fast, and it meets all your requirements, you know you’ve found a exceptional deal.

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On my way to meet with a customer, I pulled up to an intersection and had to stop for a moment. A few feet away, a young man was standing beside a hand written sign. The sign read, “Homeless and hungry. Please help. Will do anything for money, except work.” The man looked healthy, strong, and had boyish good looks. He was intently reading a book and had a small bag laying beside him, also filled with books. He obviously wasn’t illiterate.

Where I live today, there is a massive labour shortage. Unless you’re a mass murderer, you can get a job with good wages. If this man showered, shaved, and put on some clean clothes, he would have a job by the end of the day. I really wanted to ask him why he chose homelessness over work but my blood was boiling over the statement on the sign. I’m still angry that a person would choose to suffer for a few cents on a street corner.

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I just finished reading “Rich Dad, Poor Dad” by Robert T. Kiyosaki and I highly recommend it to anyone interested in creating wealth to achieve financial independence. It’s very accessible and entertaining as well as informative.

Like most people, I have struggled with saving enough money at the end of every month to meet my retirement goals. I want to be wealthy and free from the bonds of employment but I had no idea how people do it. Rich Dad, Poor Dad will not teach you what to invest in but rather, how to change your preconceptions that keep you stuck in the daily rat race. It motivates you to explore your potential.

Here are a few key ideas presented in the book:

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Everyone wants to go to work, be appreciated, and make more money. If you’ve ever asked your boss for a raise and walked away utterly disappointed, this article is for you.

Why didn’t you get that raise you asked for? (Hint: It has nothing to do with a tight company budget, lack of a university education, or knowing the right people.)

All businesses pay a handful of employees much more than the rest. The reasons you didn’t get promoted:

* You offered no additional value
* You weren’t prepared to walk away from a bad deal
* You didn’t document valid reasons for a raise.

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