Author: Lakshman
Who does not want more money?
While it is said health is wealth and time is money, neither can replace true money.
Money is the oxygen you need to survive in today's commercial world.
Money gets you security, comforts, luxuries and a certain sense of power.
Quick question
Do you value your money?
Note down your thoughts and come back to it later
First answer these honestly with a Yes or No answer only
1 Do you earn more than you spend every month ?
2 Do you invest 10% of your monthly earnings ?
3 Have you identified areas of expenditure you can
actively cut down every month ?
4 Do you have savings worth at least 3 months of your
current monthly salary
5 Are you, your family covered sufficiently via medical,
life insurance policies?
6 Do you ensure you don't pay high interest on credit card
dues every month?
7 Do you keep track of your day to day expenses
Are your answers tell you something very important?
Are you in control of your money? Is your money growing or
shrinking every month?
Note down your thoughts
How can you build greater financial comforts ?
Action
1. What do you need to START doing from today to make more
money for yourself? (Be specific and list down at least 10 ideas )
2. What do you need to STOP doing from today to make
more money for yourself? (Be specific and list down at least 10 ideas)
Start taking action now!
Take Relentless, Focused Daily Action on the guard and maximize your money
Note
- Take one small step everyday instead of trying to change everything overnight
- Believe that you can change for the better
- Be persistent and consistent in progressing that small step everyday
- Maintain a weekly calendar and monitor your daily progress
- Keep it simple, celebrate your daily success
- Keep taking those daily steps until your achieve your money goal
- Never give up, its your wonderful life
Summary
Money is just a tool, but if not managed well it can become your master.
Remember the earlier question, do you value your money?
Take control of your money else money will control you.
Best wishes
Lakshman
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