Dear,
Prosperity Secrets For the Day!
In our previous lessons we shared the STEPS of building WEALTH and the importance of OWNING your Own business and committing to SPECIALIZED KNOWLEDGE. Again here is a review of the 8 keys and your LESSON for the day...
#1: OWN your own business .
#2: Commit to SPECIALIZED KNOWLEDGE
#3: Discipline Yourself to SAVE
#4: Look for RISK
#5: Become a PROBLEM seeker
#6: Do what you LOVE to do
#7: PATIENCE
#8: FOCUS on a Primary Inc0me and then Diversify
Today's focus is to concentrate on Principle #3 Discipline yourself to SAVE ...
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The key to your long-term financial freedom is Building a nest-egg large enough to enjoy the Fruits of your labor.In our COACHING program we actively work with people on a concept we teach - The Wealth
Formula. It is easy to remember by the following: 10-10-3-7-70. It sounds like a long-distance dial around number doesn't it? It's easy to remember. In fact say it to yourself 3 times.. 10-10-3-7-70, 10-10-3-7-70, 10-10-3-7-70.You now possess the 'key' to long-term financial freedom in way you'll never forget.
The first 10 in the formula relates to our lesson today.You MUST take care of yourself first and my highest
recommendation is to make it 10% of whatever you bring in...I used to take care of my bills first and then look at what was Leftover. Interestingly enough, I never found I had Much leftover. I soon thought about it this way. Another word for leftovers is SCRAPS - at least at my house growing up. At our house we used to feed the SCRAPS to our dog. I figured that I was worth more than SCRAPS and leftovers.How about YOU? REWARD yourself FIRST.
I found that even though I write a check to myself first, I still managed to be able to live on the other 90%.
Either you'll go through the initial pain of discipline by beginning NOW with the 10% or SUFFER the PAIN of REGRET at age 65...
If you're like I was years ago, I used to say 'When I have enough then I'll start giving myself 10%'. Stand
where you are right now and give yourself the first 10%... In fact, my highest recommendation is to start making this a GAME that you play each day. Wealthy people have different systems in place. For example, Bill Gates has a system where he get deposits EVERYDAY. General Motors has a system in place where
deposits end up in their account EVERYDAY.Do what wealthy people do and you'll get what they have.
Henry Ford is famous for a quote: 'Thoughts are Things'. We ATTRACT what we FOCUS on. If we are constantly focusing on DEBTS and taking care of our BILLS first that's exactly what will show up in our lives. Bills will become the FIRST and MOST common priority. The LAW of ATTRACTION says that we
ATTRACT what we THINK ABOUT or FOCUS on MOST of the time.
Here are a couple ideas to get started... Take the change you get each day and put it in a jar.(I borrowed this idea from T. Harv Eker. I used to use a cut open 2 liter bottle). In addition, open a separate account to put the m@ney from your jar into a separate savings account. In addition, write yourself a check of 10% to this new account every time you get it - that is ONLY for SAVINGS/INVESTMENTS.Here's a SECRET... when you show the UNIVERSE that you can manage what you have, it will GRANT you MORE of what you WANT. Every day you delay is another day lost in the pursuit of YOUR financial FREEDOM. Start TODAY!
Prosperity Secrets For the Day!
In our previous lessons we shared the STEPS of building WEALTH and the importance of OWNING your Own business and committing to SPECIALIZED KNOWLEDGE. Again here is a review of the 8 keys and your LESSON for the day...
#1: OWN your own business .
#2: Commit to SPECIALIZED KNOWLEDGE
#3: Discipline Yourself to SAVE
#4: Look for RISK
#5: Become a PROBLEM seeker
#6: Do what you LOVE to do
#7: PATIENCE
#8: FOCUS on a Primary Inc0me and then Diversify
Today's focus is to concentrate on Principle #3 Discipline yourself to SAVE ...
--------------------------------------------------------
The key to your long-term financial freedom is Building a nest-egg large enough to enjoy the Fruits of your labor.In our COACHING program we actively work with people on a concept we teach - The Wealth
Formula. It is easy to remember by the following: 10-10-3-7-70. It sounds like a long-distance dial around number doesn't it? It's easy to remember. In fact say it to yourself 3 times.. 10-10-3-7-70, 10-10-3-7-70, 10-10-3-7-70.You now possess the 'key' to long-term financial freedom in way you'll never forget.
The first 10 in the formula relates to our lesson today.You MUST take care of yourself first and my highest
recommendation is to make it 10% of whatever you bring in...I used to take care of my bills first and then look at what was Leftover. Interestingly enough, I never found I had Much leftover. I soon thought about it this way. Another word for leftovers is SCRAPS - at least at my house growing up. At our house we used to feed the SCRAPS to our dog. I figured that I was worth more than SCRAPS and leftovers.How about YOU? REWARD yourself FIRST.
I found that even though I write a check to myself first, I still managed to be able to live on the other 90%.
Either you'll go through the initial pain of discipline by beginning NOW with the 10% or SUFFER the PAIN of REGRET at age 65...
If you're like I was years ago, I used to say 'When I have enough then I'll start giving myself 10%'. Stand
where you are right now and give yourself the first 10%... In fact, my highest recommendation is to start making this a GAME that you play each day. Wealthy people have different systems in place. For example, Bill Gates has a system where he get deposits EVERYDAY. General Motors has a system in place where
deposits end up in their account EVERYDAY.Do what wealthy people do and you'll get what they have.
Henry Ford is famous for a quote: 'Thoughts are Things'. We ATTRACT what we FOCUS on. If we are constantly focusing on DEBTS and taking care of our BILLS first that's exactly what will show up in our lives. Bills will become the FIRST and MOST common priority. The LAW of ATTRACTION says that we
ATTRACT what we THINK ABOUT or FOCUS on MOST of the time.
Here are a couple ideas to get started... Take the change you get each day and put it in a jar.(I borrowed this idea from T. Harv Eker. I used to use a cut open 2 liter bottle). In addition, open a separate account to put the m@ney from your jar into a separate savings account. In addition, write yourself a check of 10% to this new account every time you get it - that is ONLY for SAVINGS/INVESTMENTS.Here's a SECRET... when you show the UNIVERSE that you can manage what you have, it will GRANT you MORE of what you WANT. Every day you delay is another day lost in the pursuit of YOUR financial FREEDOM. Start TODAY!
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