Posts

Showing posts from September, 2011

Is Your Mindset Keeping You Poor?

What's keeping you poor? What's keeping you from achieving your goals and dreams? Is it your job? Is it your family or is it you? Do you find yourself constantly struggling with money? Do you always find there's more days in the month than there is money? Check your wallet, do you see cobwebs in it? If you are constantly having money issues no matter how hard you work, the problem may be you. Your mindset about money could be that's keeping you poor. Basically, you have a poor man's mentality. What do I mean by that? It means that if you believe you don't deserve to have a lot of money, then your subconscious mind is going to do everything to keep you from keeping money. It's going to sabotage you every time you come into a lot of money. Whether from working or winning the lottery. You may be saying, "that's not true, I want to have a lot of money". That may be true, but if deep down inside, in your core, you believe that you don't de

Avoid Debt

I'm sure you've been hearing a lot of news about Greek default or the problems with the Euro. Add to that the constant talk of possible recession in the US and how the US economy is doing badly. In times of economy uncertainty, you have to hanker down and be careful with your spending. If you need to spend, buy only the essentials and pay in cash. Avoid debts especially high interest short term debts--in short, credit cards. If you're not in debt, you have no creditors to worry about. Pay down all your debts as soon as possible. If you can find a job, find a second job to help pay off everything quickly and have some reserve cash. Be conservative in your investments at this time. It's better for you to earn 1 to 3% than lose 20% in the stock market. It's not time to invest in the stock market now. The time to invest in the stock market is when we are in a bull market. Unless you know how to short sell, avoid stocks for now. This advise is contrary to what you&