Monday, January 24, 2011

John's Money Tip number 4 - New Habits!

Well, we are at our last week of "John's money tips" Whoo Hoo!!! Sorry, this isn't my favorite subject but I know it is necessary. :)
Ok heres' John......

Being conscious of how we spend, what we spend and when we spend money is the key to success.

Pay attention to details - breaking patterns and habits have to be looked at closely.
Questions to ask yourself:
  1. Why am I always out of money?
  2. Why can I never accomplish my financial goals?
  3. Why are I struggling financially?
Details are part of the solutions to these questions. If you fail to plan, you plan to fail.

Being successful with money is a thought out process.
It's better to ask yourself these questions:
  1. When considering a purchase - ask yourself "Do I need this right now?"
  2. Is there a less expensive method or alternative?
  3. Is main stream marketing creating a "false" need in my life?
Some ideas to help you know how much money you have to spend, where are you spending it and how to create new patterns and habits in your life. Click on these links.....
My philosophy of money is to take a simplistic view of it and it's capabilities - you can use it in four different ways:

you can spend it, save it, invest it or you can give it away - how you use money says alot about how you think, your behavior and your beliefs. Think about whether these areas are in balance and if not make the necessary adjustments.

Matthew 6:21 "For where your treasure is, there your heart will be also".


Beverly Walters Whaley said...

OK.......I know I really need to put JOHNS money points to practice.....but enough of the BEAVER.......WHERE IS THE OTTER!???? LOL Tell my brother........I will TRY this year to be better with money......but I used his tips last year....and I failed! HHHMMMM Must be the otter in me! HHHHHAAAAA

CoachK said...

Believe me - I am glad to be done with it too! :) It is a necessary evil... :-) Next post the otter will be back!!