Wednesday, February 13, 2013

Got time and lots of money


(4) Got time, and lots of money.
It is the category that big business owners, landlords, investors are in. Imagine,
not having to work for money, but having money to work for you by investing
them and earning profits by using your money to make money.
Short Quiz
1. Which one of the four categories are you currently in?
2. Which one category do you desire to be in tomorrow?
Enhance Your Financial Intelligence - 10 -
Chapter #2:
Ways To Achieve Wealth
2 Wealth Building Models
Everyone wants to make more money, but people are generally split into two categories:
Those who bring results after they are promised wealth first
Or
Those who bring the results first, then are rewarded by others afterwards
Let’s explore the two groups in depth.
Those who only move their butts after promised big fat paychecks are more like
employees, freshmen, or mercenaries.
There is no right or no wrong with this kind of thinking, but consider: you are once again,
trading your precious time for money. Instead of investing your time in an ASSET that
generates money, you spend your time working on something that is short term, limited
wealth, and does not give you income long after you have stopped working.
Consider also, that this kind of short term vision will only produce limited or temporary
results at best. Ever seen a security guard asleep at work when the boss is not around?
Furthermore, the part where our emotions get the better of us is when we allow our lives
to be run by chasing the dollar. It is evident whenever an employee is offered a higher
salary, more medical benefits and longer vacations, that their heart starts pumping
faster.
A higher salary doesn’t mean less financial problems. On the contrary when your income
goes up, your commitments, your tax bracket and your time spent in your company

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