As with everything in life, things go up and things go down. And then they go up again and down again. You can compare the wave that goes up and down, or a glass of water set down on a flat surface. If you knock the glass, the water is disturbed, but at the time, it will level out again.
the last two weeks I have been asked about the financial future of this country more than at any time since I began teaching financial literacy. I am not a financial advisor in any capacity (not want to be), but I can say this: some things remain the same, and some things change the more we realize that this' situation 'is just a state and we don' t all go deep Finally, the better it will be in the long run.
What I mean is, the basic financial principles that determine whether a person ends up financially free is not changed
Make the first
Put your money to work for you
Only borrow money when it will make you money
If you can not afford the cash, you can not afford it all
Helping others helps ourselves
and my all-time favorite ...
their thoughts, beliefs and attitudes Set Your Wealth Potential
then what changed?
So, where and how to put your money to work. How to borrow and from whom, when she goes to earn money for you and not to allow what is currently happening affect the long-term financial strategies and systems you have in place.
Again, I am not a financial expert, but it seems to me that this is just a hiccup, might be a hiccup for some, but the same hiccup. Just like all other financial hiccups that have occurred since the beginning of time, and the early exchanges. It is interesting to note the time line of events the stock market since it started back in 1792 when 24 people have signed an agreement that started the New York Stock Exchange (NYSE). There are some pretty major event in its history, and yet, over time, has always gone up. For a little history lesson stock, click here!
Will some people suffer? Yes.
Will some companies fail because they made bad business choices? Yes.
Will some people make a lot of money at the expense of others lose a lot? Yes.
You have a choice in how you react to the situation? Yes.
Do you have a chance, just like the rest of the people in this country, take advantage of the situation in hand and make some money? Of course not.
The question is, will you?
So, in answer to my simple but important question "Where do we go from here?", my advice is this:
1) Do not get too upset about it.
2) to seek professional advice from someone you trust before you make any rash decisions about moving their money.
3) Keep teaching your children about money and give them every opportunity to practice with it. I do not know how? Get The Ultimate Allowance.
4) Keep spending less than you do.
5) Keep your eyes open for opportunities.
6) cares about your health.
7) Watch an inspiring movie or read a great book.
8) Keep a handle on your thoughts, because they really do not create things.
9) Do not forget to stay focused on their future. There is a very good reason for the front window of the car is larger than the rearview mirror.
This is the perfect time that your children are getting a clear picture (or as clear a picture as possible) about what is happening. Regardless of how you feel about the situation, rescue, what will happen to the value of our dollar, and the like, this is a great opportunity to talk to your kids about business decisions and how financial decisions can affect the whole country.
talk to them about how some business decisions can bring a lot of money in the short term, but it can turn around and bite you in the tush later. Talk to them about the systems and strategies. Ask them questions instead of giving them their opinion, so I will share my thoughts with you. You never know what can come out of their mouths when they get a chance to just talk instead of defending their positions.
And finally, listen to my mother who always said ...
"There, there. I will go ."
Thanks mom.
Tidak ada komentar:
Posting Komentar