Wealth - Which Side of the Money Equation Do You Want to Be On?
The money equation - what is it? It's really quite simple.
Think of it like a see-saw.
The left hand side is money in.
The right hand side is money out.
Is your see-saw down on the left side or is it down on the right side? If your see-saw is down on the right because you have more money going out than coming in then you have two choices.
Actually...
you have three choices because, idiotically, you can always choose to do nothing.
That is what all the "blamers" in society do.
They do nothing or they do something stupid and then they try to shift the blame onto somebody else.
But, essentially, because you are not a blamer, your two choices are as follows::
It really is a "no-brainer" of a question when I ask: "Which side of the money equation do you want to be on?" Only a complete fool would give the wrong answer.
Perhaps the REAL question is this: "What are you prepared to do to get your money equation working for you?" Sadly, for many the answer will revolve around doing something "later" and we all know that later never comes.
It is the soft-option expert's way of suggesting defeat without actually coming right out and admitting it.
I hope that is not what you are thinking.
There is no better day than today to get your financial equation in order.
Think of it like a see-saw.
The left hand side is money in.
The right hand side is money out.
Is your see-saw down on the left side or is it down on the right side? If your see-saw is down on the right because you have more money going out than coming in then you have two choices.
Actually...
you have three choices because, idiotically, you can always choose to do nothing.
That is what all the "blamers" in society do.
They do nothing or they do something stupid and then they try to shift the blame onto somebody else.
But, essentially, because you are not a blamer, your two choices are as follows::
- you can earn more, or
- you can spend less.
It really is a "no-brainer" of a question when I ask: "Which side of the money equation do you want to be on?" Only a complete fool would give the wrong answer.
Perhaps the REAL question is this: "What are you prepared to do to get your money equation working for you?" Sadly, for many the answer will revolve around doing something "later" and we all know that later never comes.
It is the soft-option expert's way of suggesting defeat without actually coming right out and admitting it.
I hope that is not what you are thinking.
There is no better day than today to get your financial equation in order.
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