Are you controlling money or is it controlling you?
Why do so many people struggle with money? Why is it so difficult to get ahead in a time of such prosperity? Why do the rich keep getting richer while the poor and middle class seem to continually struggle?
You see every day you make money choices that affect all areas of your life. Try going a full 24 hours without doing something that involves spending, receiving, giving, or investing money. The truth remains so many people today, even with the 2008-9 economic collapse spend more than they make. They live paycheck to paycheck and could be one missed payment from financial disaster. This could be you.
Whether your finances are in dire straight or you just want a little fine tune up, I want to fatten your wallet so you can improve the quality of your life and have the time and money to help others. In order to do this, you need to win the battle. What do I mean by battle? This is the battle for your money. Retail stores, mortgage companies, credit card companies, auto loan companies, insurance companies, and investment firms (to name a few) are in the battle for every single one of your dollars. Overspend and they will take every dollar you earn and more…
You’ve sunk my battleship
In the game of Battleship, the object of the game is to sink your opponent’s entire fleet without him sinking your fleet first. It is the same with the money game. You either sink or swim. With there being no shortage of companies fighting to win your money, only the warrior prepared for battle can win at the money game. The credit card companies, banks, mortgage companies, insurance companies, and others all have one task at hand to win as much of your money as possible for as long as possible. Read that line again “to win as much of your money as possible for as long as possible”. They offer 0% financing, buy now pay later, extended payment terms, basically anything possible to get you to spend as much as you can and pay it back as slow as possible. My task is to give you the weapons and game strategies you need so the opponent doesn’t sink your battleship.
Let us not forget either, the other enemy: advertisers. They want to create dissatisfaction in your life. They solely aim to get you to upgrade, switch, and change, try their product, and capture your business for as long as humanly possible. The average American is bombarded with thousands of advertisements every single day. From billboards, Newspaper, magazine, TV and radio advertisements, online banners, email solicitations, the list goes on… They all have one focus: capture your attention, create or solidify your perceived needs, and get you to pony up your hard-earned money.
Never show up to a gunfight with a knife
There’s an old saying, “Never show up to a gunfight with a knife.” Your financial goals will require time and discipline. There is no shortcut to success. Getting in financial shape is a fight. Gaining financial freedom is a battle. While a fight may only be 12-15 rounds, it will be based on your desire to win. You can get in better financial standing in as little as 12-15 months, but you should focus more on the long-term battle at hand: obtaining financial freedom. This battle is a “must win” that will last years. Of course your financial goal and current financial position will determine whether you are facing a fight or a battle.
Take a look at your current financial situation. Is your outflow exceeding your inflow? Do you have more assets (things you own) or more liabilities (things you owe)? How large the gap is between the two? This will give you some indication as to whether you need boxing gloves or a machine gun.
If you are going to battle, would you march off without a battle plan? How many wars have been won without a plan? Unfortunately, many fly by the seat of their pants when it comes to financial planning. They are more reactive than proactive. It’s hard to gain position when you are constantly fighting an uphill battle. The most important thing is to have a plan. You must be prepared. Part of that planning is recognizing or predicting in advance the obstacles and challenges you are very likely to face along the way. Then create a strategy to offset the potential obstacles. Though you will never alleviate or predict every challenge, you will however, be better prepared for unexpected bumps along the way. Start the fight today so you can fatten your wallet!