How Much Money is Enough?

What's the best way to manage finances?


Well, the first thing that must be done is to set your financial goals. And the next thing is to accept the fact that you cannot have champagne tastes on a beer budget. And, as I've discussed in other blog posts it's very important to be honest with yourself, know your priorities and keep them in order. What are you really willing to do to have the kind of life you'd like to have. I read recently that there is no elevator to success you must take the stairs. Because, it is the journey of taking the stairs where you will learn the lessons you'll need to appreciate all that life has to offer you.

For me when I started out, as a young mother, the most important thing was to provide a decent home for my family. So, I bargained shopped, clipped coupons and stretched our budget as far as I could always keeping in mind the difference between what we really needed and what we wanted. There's a big difference there. But I discovered along the way that there really is no get rich quick process. Gaining wealth takes time and hard work along with lots of good decisions. Do your best to be frugal but not cheap. I knew very early in my life that the more generous I was with my resources that God would bless me financially and he did. I always kept an open mind while looking at every opportunity. I attended just about every multilevel marketing meeting that I was ever invited to but until 2007 when I signed up with SendOutCards I never found a product or a company that I felt so passionate about aligning myself with. The most important thing when it comes to earning a living is to find the thing that you are most passionate about and then figure out a way to make money doing it. That way it will never feel like a job and, as I have posted in a few of my other blogs, take the time to get to know yourself, your strengths, weaknesses and what you excel at. I came from a family that owned our own business so entrepreneurship was a natural fit for me, my father gave me a wonderful background in running a business and valuable experience watching him sell, market and manage many different types of companies. He had so many different companies that I can hardly remember them all. He ran a chain of laundromats ; carwashes which eventually became a manufacturing business that sold franchises; then a restaurant/delicatessen, a miniature golf course, a candy factory and finally an appliance store! So what did I learn from all of that? I learned to pick one thing and stick to it giving you your very best effort so that you can reap benefits that only come from the long-term investment of hard work. Create a solid budget and stick to it. Don’t become more interested in reaching high sales numbers than in making a profit. My dad enjoyed the sales process and closing deals more than he enjoyed operating a successful business that was run with integrity, AND turned a profit. Two of the most important things to me as well as providing a meaningful service to people that will make our world a better place.

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Sunday, 25 February 2018

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