Staying In Love

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Money is a huge thing in our lives. An old proverb that has ricocheted down family trees is that money is a root of much evil. High indebtedness, excessive spending, empty savings boxes have taken over the lives of many a rainmaker. Unless you wrestle back to take the reins of your financial life, there's little to look ahead to.

Here are some of those money holes and a suggestion:

Not Budgeting: The root of most financial problems began with a failure to plan ahead and set small financial goals. Inflow and outflow of your income cannot be left to whim and fancy. Sit down today and set some immediate goals.

On The Spur Spending: Uncontrolled spending, however right you feel, argue or are opinionated on destroys. Every little expense adds up and chews your wages to oblivion. If this a runaway habit, wastage, turmoil, distress and debt will lay your financial life on death bed.

Debt Bondage: Some debts, for housing and education are necessary. But accumulating debt for lifestyle pursuits, wanting to have a good time everyday would debilitate and paralyse you.

No Savings: The one step building your life is savings. Yet this financial raft is all too often buried by poor habits. Setting aside a small portion of your income, made a habit of, can build empires. Without savings you can't grow your wealth. If you squander all that you earn you are on your way to blowing your life away.

A Suggestion - Plant An Income Tree Now Perhaps it's time to put together a tool bag and seek out to resource your income generating sources. I remember reading an article years ago in the Reader's Digest that 75% of us have a deep down yearning to do our own thing - write a book or..but we don't get to or even never get to. Ordinary people are very vulnerable to being financially wiped out. Having a road map to diversify your income streams or planting a money tree could be groundbreaking effort. In time add your own ideas to the sheet. You'll find great value in launching off now than when trouble knocks on the door.

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Cally Rao
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