Tuesday, July 11, 2017

SHARPEN YOUR FINANCIAL EDGE BY CHANGING YOUR ATTITUDE 2


one should never think they know everything or have the ultimate solution to every financial question and challenge that arises. People that exhibit this kind of “tunnel vision”, often find themselves on the losing end of many situations. It is better to adopt the attitude that everyone has something to teach me,by using this mindset you open yourself up to a world of ideas and possibilities that can propel you into your dream. Also this attitude will allow you to bridge many gaps in understanding and knowledge in your work place that will help you progress, instead of just complaining about stuff.

More often that not you will have to deal with unpleasant situation like a grumpy boss or a disagreeable colleague. THIS IS NOT A LIFE OR DEATH SITUATION! Do not not succumb to the fight or flight response. Understand that modern society has mad us less and less tolerant of uncomfortable situations. Take a deep breath, access the situation and stay calm. Use the playback in your memory of a pleasant situation or time. Think about some song you like, these thought you attach to the situation helps you change the experience.

Competition on the basketball court is OK but when you are competing with money this is a big no-no.
mistakes that can wreck your bank account. Concentrate on your financial goal and stay in your lane. If you have a lot of money in company stock that's OK but remember any company can fall so always follow the golden rule of finance, diversify.

The Bible say that “the love of money is root of all kinds of evil”. While money can buy you many material things, money can not buy you happiness, or respect, or power. One has to recognized that money is just a tool that allows you to accomplish a goal. It can't even provide absolute security only give you the impression it can. To base all actions on money can be devastating because as hard as you work to get it, just as easly you can lose it.

Learn to understand other industries and learn to innovate and adapt ideas to your situation, problems to find new opportunities. Practice on engaging in public activity that require performance under pressure. Also plan your activities and priorities so you don't have a lot of half finished projects at the end of the day. Don't trust you instincts when you invest big chunks of money, if your wrong it can set you way back financially. Take your time put in the Du-diligence and the odds will be more in your favor. Consider your goals, the markets long term performance and the time you have to invest.

When you have developed a skill that your good at learn to barter with other people so you can receive benefits. If you can do book keeping find a way to trade the skill off to get some painting done around the house. Find a time bank in your area by searching the internet people never over pay, the determine the price of and item before buy doing their homework ahead of time but they also know when it is time to pay a premium for and item. Spend real money on your most useful gear and take real time to maintain it.

Having an attitude of gratitude can improve your job satisfaction and help your performance. Also having a optimistic attitude is good for your health. Practice focusing less on the problems at work and more on the benefits to you, your boss and coworkers and customers. This adds dignity and motivation to your work.
Trying to beat the marking or out-do someone else wealth is dangerous and leads to short term thinking and

Tuesday, July 4, 2017

SHARPEN YOUR FINANCIAL EDGE

SHARPEN YOUR FINANCIAL EDGE BY CHANGING YOUR ATTITUDE

Everyone has advice and ideas about how you can handle your finances and the way you treat money. Some say to save at every opportunity and watch every penny, some say pay off all your debt first before you even think about investing, others advocate that you live within your means, and all of these strategies have Merritt, and can even propel you forward. But think for a moment what really motivates you, what drives you to grab your finances by the throat and corral them into submission, to bend to your will and carry you on your desired path? A better standard of living for you and your family, are you tired of living from substandard point of view? well what ever motivates you to change your attitude it is always best to have as much understanding and knowledge as possible so lets explore some mantras of the rich,who knows maybe you can find a “take away point” that can help you turn that corner to financial independence.

Having the attitude that you are the master of your own future and you do not have to fall prey to the status qua is vital. People with this mindset are more likely to take responsibility for their lives, their success's as well as their failures and are more prone to learn from their mistake and failures. They will normally examine what they did wrong and make improvements and adjustments. They don't blame others or make excuse but find results which leads to them becoming successful and accomplishing their goals.

Having a “CAN DO” attitude can be the difference of waking up in the morning with a purpose and getting fired up for the day ahead or waking up in the morning and throwing the alarm clock at the wall and hating the day you were born and pulling the covers back over your head. Persons who believe that what they do has an impact on the world in real time are more likely to work hard to change their circumstances. While some may have a “victim” mentality when they awaken to the fact that they can change their circumstance nothing makes them more angry and determined to change their attitude toward wealth.

No one wants to be lead buy a person who has a lacking self-confidence and is weak in making the tough calls. But those who are confident, even over confident bordering on the fringe of arrogance has the ability to draw the masses to his point of view. People gravitate to those whom have strong conviction about their point of view because they are strong and willing to take risk and stand back up after a failure to try again. If by chance they stumble or even fall the manage to do it gracefully. They own up to the circumstance and move one by their head and shoulders down and work hard to prove themselves again.

Many of use have a fixed perspective about our abilities, and some may even think that they are not smart enough gain wealth. They see themselves as stupid and ignorant but I think it is more related to fear, fear of failure, fear of losing, fear of being ridiculed by their piers but if a person can over come these fears and negativism they can overcome all the regrets and fallacy's. The only thing that should matter is where is the best place to put that investment dollar that will give me maximum return.

Proceed without regrets and be a little anxious about your money. Having this attitude will give you a healthy availability about your money and keep you motivated to strive to protect it and your earnings. To show vigilance is better than overspending or gambling it away. Many take unnecessary risk when they come into extra money or money that isn't earned from work like a tax return or an inheritance but that money is the same as any other money and should be treated with respect. Spend those dollars as you would any other dollars you may acquire.

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