Gudrun Smith was mental and physical abused and ended in the ER, after her divorce she was not allowed to leave the US. She learned through Personal Development how to change her live, let the pain go and become strong again and successful.
Building Wealth and Keeping it
Posted 09-21-2011 at 06:28 PM by gudrunsmith
Building Wealth and Keeping it
One lesson I learned from my dad was that each Million starts with the first penny and that you learn from the true Millionaires how to save money. So building wealth and keeping it what makes the true millionaire and know how do you handle your money.
The biggest problem people are facing today is that most are broken, few credit cards max out and paying not only the monthly bills but also paying their loans back. In the same time they are living a lifestyle they really can’t afford and when they lose their job than they will lose everything else.
In the same time no school ever teach the kids how to handle money and how to build wealth, but in the same time our media is very good how to sell their goods to people now. Companies know how powerful commercials are and that why they are spending million of dollars on advertising their products to the consumers. They understand that they must get people into a stage of feeling pain and than comes the solution of great feeling and with purchase of their product they will feel great, even when you hear in a low voice with side effect this product may have, people will ignore it because they are only interested in feeling great and that they must buy it now.
In the same time credit cards also give people a great feeling what they can buy if they had their credit card, but you never will hear that they also have to pay it back with interest. Many people love the credit card and spending so much more than they really can afford until their cards are maxed out and they don’t have the money for their minimum payments, and that when people see that the banks are not in their favor anymore.
But don’t get disappointed, you can turn your situation around to get out your finance disaster and start building wealth. You must be determinate that your ridicules spending are now over and that you never want to be in this situation anymore. As long as you are not sure that you are willing to do this, your money always will find a way to be wasted!
So stop wasting your money and direct your money into the direction you want it to go, and know your money will go there were you want it to go. Money is nothing else than energy and energy must flow and it must be multiply. When you learn these skills and learn to spend less than what is coming in, you will pretty soon see that you planted the seed for wealth. So more you prosper where you planted so faster your wealth will grow.
In the same time realize that there is a time of plenty and a time of famine. So in the year of plenty you must prepare yourself for the years of famine, in the years of famine you will be able to live from your wealth you created in the time of plenty. But the sad news is, that most people believe that the years of plenty always will be here, and so they spend their money as it comes in. They not fulfill their needs, but they waste it with stuff they don’t need.
Now the true Millionaires are all business owner and they are so good how they handle money, that they are not working for the money, but that their money works for them. In the same time they will have failure with their businesses, but it will not stop them. They know that there is always up and downs. They are never worry about money, because they found out how to build wealth and with this secret they always will be on the top.
But in the same time, 98% of people are living in fear to build wealth and that they may lose it or have to pay more taxes, and out of that reason they blow their money as it comes in. In the same time you don’t have to make a lot of money to start building wealth, the key is really simple. Spend less as you earn, live under your needs and watch how you are blessed and your wealth is growing. Make a plane and stick to it! Plan your expenses and pay cash for it. As an example, you know when you need a new car or washer, so you start saving your money already today what you will need in two years and than you shop smart and don’t shop for other to get rich.
So the secret formula is, that you create wealth buy spending less then you make, and that you learn the different between assets and liability, because most sales people and banks will tell you that what you buy is an assets, but they are not, they are liability. Assets is when it makes you money, but as soon it don’t makes you money and only cost you money than this is a liability.
Gudrun Smith
Personal and Business Development
http://gudrunsmith.com
One lesson I learned from my dad was that each Million starts with the first penny and that you learn from the true Millionaires how to save money. So building wealth and keeping it what makes the true millionaire and know how do you handle your money.
The biggest problem people are facing today is that most are broken, few credit cards max out and paying not only the monthly bills but also paying their loans back. In the same time they are living a lifestyle they really can’t afford and when they lose their job than they will lose everything else.
In the same time no school ever teach the kids how to handle money and how to build wealth, but in the same time our media is very good how to sell their goods to people now. Companies know how powerful commercials are and that why they are spending million of dollars on advertising their products to the consumers. They understand that they must get people into a stage of feeling pain and than comes the solution of great feeling and with purchase of their product they will feel great, even when you hear in a low voice with side effect this product may have, people will ignore it because they are only interested in feeling great and that they must buy it now.
In the same time credit cards also give people a great feeling what they can buy if they had their credit card, but you never will hear that they also have to pay it back with interest. Many people love the credit card and spending so much more than they really can afford until their cards are maxed out and they don’t have the money for their minimum payments, and that when people see that the banks are not in their favor anymore.
But don’t get disappointed, you can turn your situation around to get out your finance disaster and start building wealth. You must be determinate that your ridicules spending are now over and that you never want to be in this situation anymore. As long as you are not sure that you are willing to do this, your money always will find a way to be wasted!
So stop wasting your money and direct your money into the direction you want it to go, and know your money will go there were you want it to go. Money is nothing else than energy and energy must flow and it must be multiply. When you learn these skills and learn to spend less than what is coming in, you will pretty soon see that you planted the seed for wealth. So more you prosper where you planted so faster your wealth will grow.
In the same time realize that there is a time of plenty and a time of famine. So in the year of plenty you must prepare yourself for the years of famine, in the years of famine you will be able to live from your wealth you created in the time of plenty. But the sad news is, that most people believe that the years of plenty always will be here, and so they spend their money as it comes in. They not fulfill their needs, but they waste it with stuff they don’t need.
Now the true Millionaires are all business owner and they are so good how they handle money, that they are not working for the money, but that their money works for them. In the same time they will have failure with their businesses, but it will not stop them. They know that there is always up and downs. They are never worry about money, because they found out how to build wealth and with this secret they always will be on the top.
But in the same time, 98% of people are living in fear to build wealth and that they may lose it or have to pay more taxes, and out of that reason they blow their money as it comes in. In the same time you don’t have to make a lot of money to start building wealth, the key is really simple. Spend less as you earn, live under your needs and watch how you are blessed and your wealth is growing. Make a plane and stick to it! Plan your expenses and pay cash for it. As an example, you know when you need a new car or washer, so you start saving your money already today what you will need in two years and than you shop smart and don’t shop for other to get rich.
So the secret formula is, that you create wealth buy spending less then you make, and that you learn the different between assets and liability, because most sales people and banks will tell you that what you buy is an assets, but they are not, they are liability. Assets is when it makes you money, but as soon it don’t makes you money and only cost you money than this is a liability.
Gudrun Smith
Personal and Business Development
http://gudrunsmith.com
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Comments
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thank you so much for your post i read rich dad poor dad and Robert says the same thing make your money work for you.save money is meant to be saved not spent it took me a long time to learn that because i wanted to feel good spending money buying things made me feel goodPosted 10-03-2011 at 05:19 PM by scottpgarrett
