Monday, December 27, 2010
PAY YOURSELF AUTOMATICALLY AND FREQUENTLY
You have heard this before, but apparently you don't do it. My advice is that as soon as you get paid, save a portion of your income. Try to save at least 10 percent. It will quickly add up and you will get rich quick ideas that work. Create a separate savings account, if necessary, in order to accomplish this goal.
USE A BUDGET FOR SPENDING AND SAVING
Write down how much you money you earn and spend less than that amount. It sounds simple, but it's easier said than done. Discipline yourself to save more and spend less. Hire a coach to help with a savings plan. Eliminate expenditures from your life that waste money. Track how much you spend on cable tv, cell phones, subscriptions, memberships, eating out and drinking. Get rich quick ideas that actually work by living differently than others do.
LEARN SOMETHING (ANYTHING) ABOUT INVESTING
Take time to research, study and learn about investing your money. Once you have accumulated a large amount of savings you can make more money with that money. Most people do not invest because they lack the knowledge. Start slow and teach yourself how to invest your money. Make this a priority in your life and I promise you will get rich quick ideas that actually work for you.