by: Mayumi King
So you bought the financial freedom books, but your bank account has yet to reap the rewards? Consider this:
Your financial success can be developed just like a muscle... and if you're not seeing results, you may be on the wrong "financial fitness" plan.
You were running on a treadmill to trim some ?financial fat.? The result? Your wallet got "skinny.? You weren?t building your financial muscles. Why not?
Much like a good muscle-strengthening or exercise program, you need expert training, inspiration, and a "financial workout" that's tailored to your specific goals.
Following are five of the Greatest Financial Challenges people typically face in their lifetime. Take the financial fitness challenge and see what muscles you need to start strengthening!
(Note: please consult a Financial Fitness Professional before attempting any of these exercises.)
Challenge 1. "I'm afraid to take financial risks."
Financial Fitness Solution: Develop your Courage muscle.
If you're sitting around waiting for the ?right? stock or real estate to invest in, you're dealing with the symptom, not the source. Consider that people who have acquired wealth are not smarter or luckier. They have developed the financial muscle called Courage. Here, Courage refers to acting in spite of your fear. The fear doesn?t get smaller, your confidence gets larger. As your confidence grows... so does your ability to make financial decisions that lead to increased wealth!
Challenge 2. "I just don't have enough money to do what I want, when I want."
Financial Fitness Solution: Develop your Desire and Belief muscles.
There are many factors that are at the source of not having enough. For starters, the financial muscles to develop are Desire and Belief. The mere presence of your Desire is evidence that you have the capacity for its fulfillment. If you have Belief that your Desire is possible, then there is no question of "if," but rather ?how? and ?when?. How can I achieve what I desire, and when can I start seeing positive results? The best-laid plans for success begin with the Belief that you can do it and the Desire to make it happen!
Challenge 3. "I'm constantly worried, stressed and frustrated about money."
Financial Fitness Solution: Develop your Attention muscle.
If I told you that you had a winning lottery ticket and the numbers would be called someday this year, would you be worried or excited? Most would say excited. The financial muscle to exercise here is Attention: where are you focusing yours?
Race car drivers are taught to always look in the direction they want to go. If you look at the wall, you will drive into the wall. Put your Attention on what you want? and you?ll get more of what you want. Stress, worry and frustration come from looking (now) at what you don?t want to happen (in the future), and believing that what you don?t want will actually happen. Get better control of your financial Attention muscles, and start driving your finances to a state of continuous growth.
Challenge 4. "I just can't get control over my finances and spending."
Financial Fitness Solution: Develop your Purpose muscle.
Going on a spending ?diet? as a measure of "control" over your finances is limiting rather than expansive behavior. The financial muscle to start developing here is best described as Purpose. Your Purpose, for example, might be a long-term plan for financial acumen. If you have a Purpose that's broader in scope than your day-to-day financial survival, then you won?t need ?discipline? or ?control? over your spending. Instead of thinking in terms of what you can't do, you'll begin to think opportunistically as to what you CAN do, as part of your Purpose. Thus, you'll choose to spend based on what is most aligned with this Purpose.
Challenge 5. "I just can't get my finances in order."
Financial Fitness Solution: Develop your Integrity and Responsibility muscles.
The most underdeveloped financial muscles associated with financial disorder is Integrity and Responsibility. Integrity & Responsibility requires that you be accountable to the promises you make to yourself and others. Borrowing and bill-paying are forms of promises you made. When you break those promises, you will find yourself in disorder or clutter. Develop the financial Integrity and Responsibility muscles to keep these promises and you will find order. From order comes structure, and from this comes a financial fitness plan for building long-term wealth, success and happiness!
You?ve got Step One in a Fitness Workout for your Financial Muscles? Now What?
This Financial Fitness Plan is only a place to start. If this were training for a marathon, you have just learned the warm-up routine for the 26.2 mile run. The real source of your financial challenges or success is your emotional relationship to money.
You just learned some truths about finances, and you may be wondering how to develop these financial muscles and what?s the next step in your personally-tailored financial workout. Contact financial fitness expert and ?trainer,? Mayumi King at http://clubfreedomprogram.com
Copyright 2005 Mayumi King. All rights reserved.
About The Author
Mayumi King, CPA and Certified Life Coach, invites you to set yourself free to live the life you create! To get started on your personal path to Financial Freedom, call now at 888-265-4892 or submit an interest form at http://clubfreedomprogram.com.
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Top Ten Reasons For Consolidating Your Student Loans
Top Ten Reasons For Consolidating Your Student Loans
by: Mike O'Brien
From saving money to improving your credit score, there are many benefits to consolidating student loans. Here are the top ten reasons why you should streamline these debts.
1. Peace of mind
Have you had sleepless nights worrying about whether or not you can afford to pay your bills? By consolidating your student loans, you can save up to 60% on monthly payments.
2. Lock in a low interest rate
By organising
your Federal student loan consolidation before June 30th of this year, you can take advantage of the current low interest rate of 4.7 percent. As well, you will secure this interest rate for the life of the loan, so you won?t have to worry about a rate increase.
3. Streamline your payments
Have you racked up multiple loans with varying amounts over the course of your time in school?
It can be confusing to keep track of all...
Financial planning > Top Ten Reasons For Consolidating Your Student Loans
Is Your Brain On Hot Air Working On Project Planning? Keep Cool With Mind Mapping
Is Your Brain On Hot Air Working On Project Planning? Keep Cool With Mind Mapping
by: Dr V J Mariaraj
Project Planning is an inevitable process for handling any project, be it small or big.
Successful and timely execution of a project is vital to any project.
Hence proper Project Planning is indispensable.
The elements of Project Planning will involve estimating time for different segments of work, time planning for various layers of tasks, monitoring and supervising, separating the most important from the less important ones, meeting the deadline, being ready for any unexpected situations or contingencies, taking remedial action so the situation does not get out of hand and effectively managing people.
All these calls for a minute and intricate mapping of details, so you don’t miss any, as the price you have to pay for any wrong move will be rather heavy.
In such a vast range of work that covers...
Is Your Brain On Hot Air Working On Project Planning? Keep Cool With Mind Mapping
Financial planning > Is Your Brain On Hot Air Working On Project Planning? Keep Cool With Mind Mapping
Sound Financial Standing Entails Capital Raising Remortgage
Sound Financial Standing Entails Capital Raising Remortgage
by: Amanda Thompson
Raising capital is integral for growth and expansion of an individual in more than one way. Every project and venture is meant to contribute in some way to the augmentation of human beings. Our decisions about finances are in one way or the other affect our own personal growth. Raising capital can be an expensive, time consuming, difficult process with an obscure success rate. But with remortgage raising capital is an effortless progression. When you apply for a remortgage, you are basically shifting your present mortgage for improved, more beneficial option. You are moving towards a constructive financial status. Raising capital through remortgage is infact the major endeavour of remortgage. Raising capital through remortgage, this alternative will be encouraging push, if you are still contemplating about remortgage.
UK residents assume that remortgage...
Sound Financial Standing Entails Capital Raising Remortgage
Financial planning > Sound Financial Standing Entails Capital Raising Remortgage
Free Debt Management Services Compared
Free Debt Management Services Compared
by: Carrie Reeder
Debt plagues millions of people all over the world. Debt can be a positive thing. For instance, if we never had any debt we would never be able to buy a house or a car. Debt is necessary in many cases, but for some people it can get out of hand. There are many free debt management services available to the public. Each service offers various advantages and perks unique only to their company. Here, several free debt management service characteristics have been compared to give you an idea of what to expect.
Paying Bills For You - Some debt management services use a hands-on approach to your financial problems. They design a program in which you deposit money once a month into a trust account. When your monthly bills come due, the debt management firm pays them for you. This type of service allows you to make one monthly payment while letting the debt management service take care of the...
Free Debt Management Services Compared
Financial planning > Free Debt Management Services Compared
Ten Things You Might Not Have Known About Social Security
Ten Things You Might Not Have Known About Social Security
by: Ken Morris
Social Security is a lot like the ozone layer--we all know it?s there now and we count on it being there in the future.
Yet most people don?t know much more about it than that.
Here?s a short list of interesting facts about Social Security.
(1) Social Security benefits do not automatically start coming in the mail the first day of Normal Retirement Age.
They must be applied for.
The easiest way is to set up an appointment with the local Social Security office or call 1-800-772-1213.
(2) To get an official statement of all the earnings recorded in your Social Security account, an estimate of your current disability and death benefits, and an estimate of future retirement benefits, fill out a Form #7004 Request for Social Security Statement, obtainable at your local office.
(3) If you do not find and correct errors in your...
Ten Things You Might Not Have Known About Social Security
Financial planning > Ten Things You Might Not Have Known About Social Security
Buying Petite Clothing Made Easy
Buying Petite Clothing Made Easy
by: Bridget P. Allen
All you girls 5? 4? and under, fight for your right for high quality fashionable clothes! Many petite women find it difficult to find properly fitting quality clothes. It?s only recently that designers target petite women with fashionable clothing.
This year, fashion is all about you and your style. Fashion is about confidence. If you feel great in an outfit, others can?t help but feel your vibes. ...
skirts Financial planning Fitness Workout for Your Financial Muscles Buying Petite Clothing Made Easy
Financial planning > Buying Petite Clothing Made Easy
Getting the Personal Loans UK with Bad Credit
Getting the Personal Loans UK with Bad Credit
by: John Mussi
Personal loans UK can be very useful? they can be used to consolidate debt, make large purchases, and even repair your home. The only problem with personal loans UK is that they might seem difficult to obtain at first, especially if you have less than perfect credit.
You can get the personal loans UK that you need, though? it's simply a matter of taking the time to explore different loan options...
Financial planning Getting the Personal Loans UK with Bad Credit mortgages
Financial planning > Getting the Personal Loans UK with Bad Credit
Buying Life Insurance? One Tip To Save You Thousands!
Buying Life Insurance? One Tip To Save You Thousands!
by: Michael Challiner
It?s simple, always have your Life Insurance policy ?Written in Trust?. This may sound technical but it is easy to understand and it?s so easy to organise.
?Written in Trust? ensures that in the event of a claim, the policy will pay directly to the beneficiaries you name on the policy when you first take it out. If you do not do this, the policy will payout to your legal estate...
health insurance Financial planning Buying Life Insurance? One Tip To Save You Thousands!
Financial planning > Buying Life Insurance? One Tip To Save You Thousands!