Wednesday, February 18, 2009

The Laws of the Universe: Money

There are many laws that govern the universe we live in. There are laws around money. One of the keys to financial freedom is saving money.

What I have observed...it is difficult to think about tomorrow when you are scrambling to survive for today. How many people do you know that operate in financial crisis mode? On a daily, weekly, monthly basis?

Saving is a concept known as pay yourself first. Making sure you set aside money to prepare for the future. This can be done in many ways such as adding money to an IRA or having your employer deduct a specific amount of money every pay period to a 401k.

For the entrepreneur, there are plans that allow you to set aside money for future retirement. Such as the SEP, Keogh, etc.

The point is to set the money aside, never touch it, let it grow to lay the foundation for retirement and live on the rest of your income.

I challenge you to start saving 10% of your yearly income and gradually increase this to 20% or more.

Use the power of compounding interest to mass wealth and financial security.

Be a student; learn and understand how to attract money into your life. For money comes to those who want it, handle it with care and manage it well.

Be honest with yourself....do you attract or repel money from your life? Do you handle it with care? Appreciate the resourcefulness it brings into your life? Or spend extravagantly? Do you spend for today not knowing where the money will come from tomorrow??

Entrepreneur or employee: Start preparing for the future! You deserve to have the best future possible.

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© Copyright 2009 Jacqueline A Birnbaum

WANT TO USE THIS ARTICLE IN YOUR EZINE, WEB SITE OR BLOG? You can, as long as you include this complete blurb with it:Jackie Birnbaum is the author of “7 Biggest Mistakes Entrepreneurs Make”. Get secrets and FR’EE resources designed to help you leave behind the stress of corporate downsizing and increase job security. To get your FR’EE copy of the above report, go to
http://www.nomorecorporatejob.com/

Personal blog:
http://jackiebirnbaum.blogspot.com/
Business blog: http://nomorecorporatejob.wordpress.com/

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