TRAPPED IN A FINANCIAL RECKLESSNESS. Most people often feel as if theres no way out of there financial situation after getting used to being broke and under financial pressure for a long time. They start to feel as if theres no way out. Have been in this type of situation, so, i know better. Most of this people have done all sorts - they have prayed, fasted for countless numbers of days, attend various financial seminars and churches, received uncountable financial proclamations, financial breakthrough and financial miracles, many have even invested in wonders banks, in the wrong business etc but none of this is manifesting in there pocket. Many people have concluded that this is there lot in life, there destiny to be broken. Some even believe that the Gods of their forefathers are angry with them and taking their pound of flesh on them, such that any step they take to move ahead financially, they always fall back to ground zero. Many have concluded that theres no point in saving, they feel its better to enjoy there money and never worry of the future because the future will always take care of itself somehow. Many people are unhappy because their take home is not taking them home. Pay day is always a sad day because they know what is coming and what is waiting for them. They start to share the money and before they will say theres God o!, the money has finished with some financial needs still pending to be solved and then, they become frustrated and pass undue aggression to their innocent wives and children at home. Typical frustration! Some have even consider padlocking their refrigerators. The truth is that many people do not cultivate a good saving habit. They have sentenced themselves to financial struggle, pressure and they feel trapped financially. They feel as if they are on a financial treadmill, running fast but going nowhere. Most people have no saving, employee and business owners alike. If you ask someone who is struggling financially why they dont have savings, they will wonder why you are asking because they feel the money they earn is never enough to spend not to talk of even saving. It take a while to understand this concept. It took me a while to get my head round it, and today, am not regretting it a bit. Sometimes, you wonder, my salary is so merger and someone is asking me to save out of it. How? It sound illogical. The reason why most people cant save is because they want to save from what is left after spending, which is often zero. As long as this remain the mode of your operation, you will save nothing from January to December, guaranteed. There will always be something to spend on to ensure that nothing is left to save. That is the trap many people fall into. You cant try that stunt with taxes. No government anywhere in the world will wait for you to spend first before you pay your taxes. The government does not trust you to pay if they wait for you to spend first. Churches also use this method, they psyche you to remove 10% of your earning first before you do anything, by doing this, it gives them guarantee that they will get something from you instead of them to wait for you to spend out of your earnings first. Most government and churches will be broke like you if they operate that way. Why dont you take your savings from the top? Even the bank you take loan from also take there money from the top and not from the bottom. If you own me large sum of money and i know where you work, i will simply report you to your HR who is deduct my money from the top before you spend it. All this people take their money from top - that is, before you get to touch it. By doing that, they are guaranteed payment. They dont wait for you to spend before they start pursuing you. You dont save because you want to spend first, rather than take your saving from the top like the government, churches and your creditors do. The truth is, the bottom is always empty. That is why you have not been able to save. Taking your money from the top is known as PAY YOURSELF FIRST. You need to always pay yourself first every month irrespective of what you earn. Condition and plan your spending to what will be left after paying yourself. If government, creditors and churches can take their money from the top of your earning, how much more you that worked for it? Dont you deserve a part of the money you worked for? Why are you too harsh on yourself? To be continued!
Posted on: Sat, 01 Nov 2014 07:46:15 +0000
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