Millionaire Next Door

Yesterday I was sitting at my computer – one of my sources of income – and decided to check some of my affiliate accounts I have with various companies in the U.S. and, to my surprise, I discovered that he had unknowingly made several sales ! I started thinking about how we have to make a constant effort to know what our state of mind if we get out of the rat race. In a book I read recently, called “The Millionaire Next Door,” which is a study on the habits and lifestyles of millionaires (very interesting and amazing, I recommend it!), I read that independent entrepreneurs who come to succeed spend a great deal of time to monitoring, planning and management of its finances. BSA takes a slightly different approach. Let’s face it, is something that almost nobody does. How much time did you dedicate to the management and budget planning your weekly or monthly? Well, whatever your answer, today I want to say that their economic welfare will be directly proportional to the time. When you invest time to educate themselves in the financial area, in planning a budget and ensure their investments and businesses, the fruits will be.

It sounds so obvious, but most people do not. And when you do not, someone will do for you: government, the vagaries of the economy and financial institutions. But it is never too late to start. If you want to change their economic situation, today I want to invite you to take the following seven steps: 1 .- Allow to have a victim mentality and recognize that their situation depends on no one but you yourself. 2 .- Take at least -1 hour a day of financial education. Start with Robert Kiyosaki’s books are excellent. 3 .- Check your home for these treasures stored in attics that are just collecting dust and never will use. Remate.com sell them on.

It is a way to make money “cash” quickly and get rid of useless things at the same time. (Then do not spend, invest or pay off your credit cards!) 4 .- Check your investments and take time to monitor your account status. If no further investment, be aware with what is happening with their provident fund, which is a type of investment. Many people lost up to 40% of their funds have not changed to a safer plan when the crisis erupted in 2008. We are saved, but only because my husband had been diligent in keeping you informed about the stock market. 5 .- Design a plan for long, medium and short term financial goals such as: Pay all credit cards, one by one, until we have more debt Get rid of any other debt you have, including the mortgage Generate a passive income Etc 6 .- Take time weekly and monthly to monitor their progress and achievement of its goals. 7 .- If you need help changing your financial situation, you’ll love our 10 facts about how having a business that a mother taught her son and as a result of which he became a millionaire at 21 years!