7 STEPS TO FINANCIAL SUCCESS

I love the book titled "THE RICHEST MAN IN BABYLON". It summarises the basic steps one needs to take in order to succeed financially. According to the author, the steps are as follows:
1. Regular saving of one tenth of total income: This step is very crucial because developing this habit marks the beginning of financial success. An individual that cannot save money can hardly break-even in his fianances. To be free from debt,one needs to develop the habit of saving. Do you want to learn money making system that cannot fail? Visit this website for more information.
2. Control your expenses by budgeting: For saving to become a habit,it is important to make a budget that will help you to truly gauge you expenses against your income.
3. Invest your savings: Having saved some money,the next step is to invest the money to yield more. When this is done on regular basis,one can be sure to become rich soon and one would be out of debt.
4. Protect your investment from loss:Make sure that your capital will not be lost in any venture you invest in.You may need to consult those people who have invested in such ventures before you invest
5.Build your own house: When you build your own house, you are free from paying house rent and this will free more money which you can further invest
6. Plan for a future income: Your ability to make money decreases with age. You need to invest money such that you will be receiving income from those sources when you can no longer work as hard as when you are young.
7. Get new skills which will enable you to earn money: There is no doubt that we are paid for the skills which we acquire.To earn more money,get new skills.

CONGRATULATIONS TO ALL AMERICANS

I congratulate all Americans as President Barack Obama takes the oath of office for another term in office. I ask God to give him the wisdom to lead his people successfully.

RULES OF WEALTH CONTINUED

RULE 4: kEEP IT UNDER YOU HAT: Having formulated your wealth objective,dont tell anybody about it. There are people who will discourage you if you tell them about your objectives. You can ask for advice when necessary. RULE 5: Analyse your money beliefs: Some people believe that money is dirty and evil. People who hold such views can hardly be wealthy. Analyse your money beliefds and discard all those that are negative. RULE 6: Lazy people cannot be wealthy: Getting wealthy involves hard work. Therefore prepare to work hard on your objective. RULE 7: Wealth is a consequence not a reward: Know that money is a payment for something. Therefore get ready to give something for which you would be paid. RULE 8: WEalth is your friend not an enenmy: When you are rich,you would be in a position to help so many people around you. RULE 9: Decide why you want money: Knowing the reason why you want money will keep you motivated to pursue your objectives. RULE 10: Know that you may have to spend money to get money: You need to spend your money in investments to be able to get more money.This is very important. See the strategies for correct investments here. If you are interested in learning what the rich people teach their children,click here to get the information. RULE 11: Dont see money as the solution to all your problems: Money is good but it cannot solve all problems. RULE 12: Making money should not prevent you from enjoying your job,your family and sweet sleep. If you have started losing sleep,you need to talk to yourself. RULE 13: Dont make money by being bad: What is the value of money you made when you lose your friends and loved ones because you are bad? Think about this. RULE 14: Money may not necessarily bring happiness: Having more money may not necessarily make you happier than you are now. Do you really want to be happy while making money? Have a look at this book and develop the millionaire's mindset RULE 15:Know the difference between price and value Price may not necessarily be the same as the value of a product. Get this important book and read the remaining rules in part one of the book

RULES OF WEALTH PART ONE

I came across a book recently with the title "Rules of wealth". Having read through this book,i feel like sharing the contents with my readers. RULE 1: Anybody can make money It is common for us to believe that rich and wealthy people have special attributes that enable them to make money and be wealthy. This rule is simply saying that anybody with average intelligence can make money and be rich.You can read the book here RULE 2: Decide on your definition of wealth You are the one who decides what wealth means to you. Making this decision will enable you to set a goal and pursue your goal. It will enable you to know when you have attained your goal. Do you know how to generate multiple streams of income? Click here RULE 3:Set Your Objectives Having decided your definition of wealth, you need to set your objectives to be able to achieve that wealthy state you have defined. I will continue the other rules in my next post. Meanwhile,if you really want to learn how to generate automatic wealth and attain six figure income,click to follow all the links in this post. Thank you very much

HAPPY NEW YEAR

i wish all my fan a prosperous new. May the new year come with lots of blessings to all of us.

THE CONCEPT OF FINANCIAL FREEDOM AND HOW TO ATTAIN IT

As far as I am concerned, financial freedom means you are in complete control of your money since you spend les than you earn, thereby having a reserve which you can fall back on any day any time. Even though you have an expertise as a money making machine, yet you are an expert at managing your money and financial resources very well. Financial freedom may also mean that you would not need to worry for money again for the rest of your life. For this reason, you may afford to travel to any part of the world, not minding what would happen to your business in your absence. Looking at this concept from another perspective, it may mean that you are increasing your saving and assets regularly until you have more than enough. Lastly, it means you are not forced by circumstances to do any job just to be able to make money and make ends meet. In order words you only do what you enjoy doing, rather than what circumstances forced on you and when you are exposed to money making opportunities, you are able to turn such opportunities to stupendous wealth.

Looking at the concept of financial freedom as defined above, are you financially free at this moment or you are deeply in debt? This article will reveal to you how you can come out of debt completely. I will advise that you regularly visit this website in order to get timely information on offline and online money making opportunities as well as quick ways to make money and enjoy life to the utmost.

STEPS TO FINANCIAL FREEDOM
1. Have a desire to attain financial freedom: Napoleon Hill, in his popular book titled Think and Grow Rich, identified desire as the beginning of all worthwhile achievement in life. You must have a desire to be financially free because if this desire for change is not present, your condition will not change at all. Don’t you agree with view? Let me have your comments.
2. Pay Yourself First: All experts in financial matters agree that you must pay yourself first in order to be financially free. In order words, you should be able to save a portion of your income on regular basis. The amount saved regularly should not be less than 10% of your income. This is the first principle in any money making program or money making scheme.
3. Start early in your working life: The earlier you start your plan towards financial freedom, the better and easier it is for you to attain your goal and the longer you are able to enjoy what you have. For you who are close to retirement, you can still be financially free provided you start today. There must be a conscious effort to follow these money making tips that I will be sharing with you on this page.
4. Avoid debt as much as possible: Pay your outstanding debts and try not to add new debts. Consider the benefits before you make any purchases. Avoid spontaneous purchase as much as possible.
5. Pray for divine assistance: In all maters that affect your life, you need God’s help to be able to achieve success. This help can only come if you pray to God and seek His intervention. God, being a loving father, will gladly answer your prayers and show you how to make money, how to manage the money made and even, good making ideas that are almost free and will transform your life permanently. Think about the few ideas I share with you today till I come your way again. Thanks.

STEPS TOWARSD DEVELOPING THE SAVING HABIT

In line with my promise in my last article, that I will outline steps to help you save a portion of your income, this article will be dedicated for that purpose. I hope you will enjoy reading. Before I go on however, I will like to stress the fact that it is not enough to read this article, you must put into practice what you will read in order to effect a change in your financial fortune. I know you are interested, the steps are as outlined below:


Always plan your expenses for the month: If you have been working for sometime, it should be easy for you to estimate amount needed for your basic needs for the month. When you make your plan, always do it in such a way that you still have at least 10% of your money for savings. A reference book for this information, which I think you should read, is the book titled THE RICHEST MAN IN BABYLON. It explains in details all about “paying yourself first” which is another term for saving.

Avoid impulsive purchases: It is common for people to buy things they did not budget for. This happens impulsively and financial resources are wasted as a result of this. One needs to be disciplined to avoid impulsive purchases that waste resources. It is important to develop the right mindset for this to be possible. Read about the correct mindset here .

Make saving an expense: When planning your expenses for the month, experts advised that saving should be one of the things you plan for . It should be planned as part of your expenses for the month. If this is done correctly, you will not struggle with how to remove this amount dedicated for saving anymore. Little drops of water makes a mighty ocean, as you continue to practice these steps you will eventually become debt-free and financially prosperous.

Be disciplined: I have come across people who are interested in being rich and prosperous but they lack the discipline required to make this happen. They dream of six figure income, but find it difficult to achieve their aim. Read about the simplest way to avoid this problem here. It is very true that without self discipline to follow your plan, saving will be impossible and you will still remain in debt. Out of the four steps outlined here, the issue of discipline is the most crucial; therefore do everything possible to attain self discipline. Thanks and God bless.