In Part I of this story, we talked about money scripts and how they impact you, but now we'll address how to turn them around. Money scripts are the limiting money beliefs that derail your best efforts to become financially independent. Unfortunately, we often don’t even realize that we’re under the influence of such self-destructive thoughts, but like clandestine computer … [Read more...]
Money Monday: What Are Destructive Money Scripts? And Why Do You Need to Destroy Them NOW?!
Imagine this: All your bills are paid. You rest easy knowing that when the phone rings, a bill collector won't be on the other end of the line. You’re rapidly building a retirement fund, saving for a new home and freely contributing to your church and favorite charities. It feels good to not have to live paycheck to paycheck. Life is fun again without constant financial … [Read more...]
Money Monday: The Price You Must Pay to Get Your Financial House in Order
Spend less than you earn. Save, invest, or pay off debt with what's left over. This may be the most crucial concept in the universe of personal finance. It’s deceptively simple, but oh so difficult to master. Part of the reason is that it’s extremely difficult to control spending. Let’s face it, most of have absolutely no clue as to where our money goes. We can’t recall … [Read more...]
Money Monday: The One Key to Financial Freedom the Wealthy Live By
“It’s okay to be a superstar - to be the man in L.A., but sooner or later you need to start owning things.” - Magic Johnson to Shaquille O’Neal Here’s a simple truth: We live in an ownership society, but the key to financial success is understanding what to own. While Madison Ave would have us believe that late model automobiles, designer labels, and the newest electronic … [Read more...]