Amazing Money Tip #5

Visualize wealth and abundance everyday. Am I actually suggesting that you practice some sort of airy-fairy mysticism that will make you into a "money magnet"? Maybe yes, maybe no. Call it what you will - a mind game, mysticism, New Age ga-ga -- but solid fact is that behind every wealthy man and woman is a positive attitude toward money. Here's a quick demonstration:

(1) Person One with a negative money attitude has daily thoughts which go this way: "Jeez! $20 bucks is hard to come by! I seem to work so hard and get so little for it. Money just slips through my fingers. It's amazing how much money you have to earn to just get by these days. I'm never going to be able to afford that new car on my limited salary, but this job is still best thing going for me right now. It's easy for some people to make a lot of money, but I'm not one of those people ..." and on and on.

(2) Person Two with a positive money attitude has daily thoughts which go this way: "You know, I bet if I work my butt off I can get a raise next month, and then I'll take half of extra money I make and toss it in a savings account. There must be a 100 other ways I can bring in some extra cash. Money is not all that hard to earn if you work hard, watch your spending and save a little at a time. There's enough wealth for everybody in this country, and I can easily get my share, and more ..." and on and on.

Okay. Which person do you think will have a better chance of success? You don't need to be a Rhodes Scholar to see how Person One is dragging himself down with his thoughts, and how Person Two is giving himself a fighting chance.

Look at it this way: It costs nothing one way or other to have either negative or positive thoughts. So why not have positive thoughts?

There have been many studies done on thought patterns and frames of mind of some of richest, most successful people in world. The one thing they all had in common was a positive attitude toward money and their ability to earn it.

The next of 11 best money saving ideas of all time will be discussed in part 3. Until then, take note of what you have learned so far and put this information to good use. Read and reread this article; I bet you will notice a difference sooner than you think.

Copyright © by Palyn Peterson mailto:palyn@futureinternetmarketing.com

And therein lies problem for many holiday shoppers. Too often we pull out plastic without thinking of how we’ll actually pay for things we buy. How many of us are still paying off credit card debt from last year’s holidays? Adding additional debt will only keep you buried in debt for many more years.

For example, let’s say you have a credit card debt of $2500 with an APR of 18%. If you only pay minimum amount due it will take you 20 YEARS to pay off your balance, assuming of course you don’t make any other credit purchases. On top of that you will have paid your credit card company a whopping $3,365.51 in interest!

If you’ve been working to eliminate or pay down credit card debt, don’t let holidays detour you from that goal. Use only cash to pay for presents you plan to buy. If you must use a credit card, set a goal to pay off that debt within one to two months. Otherwise you’ll be right back where you started from or even worse - further and further in debt.