Archive for February 2nd, 2008

Feb 02 2008

Wants vs Your NEEDS !

Published by garryblanson under Uncategorized

              It has come to my attention

   that many of us have , ”lost our cotton

   picking minds ,”when it comes to our wants

   compared to our needs.We have gotten so

   caught up with society,that sometimes I

    really don’t believe that we can even

    distinguish a need from a want.Futhermore,

    we are so into the instant-gratification mode

    that we could care less about separating the

    two.  Maybe it’s because , we don’t want to

    admit it aloud.If we stay in denial,then

    we won’t have to deal with this matter.

           Well,you better be willing to earn a whole

   lots more money.If you’re rich,you probably

   don’t even need to be reading this.However,

    if you’re middle-class or lower.You really

    need to get this.Think about why you’re

    having a not so easy time financially.At least

    50% can be attributed to how you spend your

    money.

           First of all,you should live onless

    than what you earn.Next,you should make

    sure that you have at least $500.00 in an

     emergency fund.Also,you should sit down

     and write out a budget(so you can see where

     your money is going/this can be a

     real eyeopener). After you complete your

     budget,you need to live by your budget

   [live by your budget for 6months and you

    will be able to do it with ease).

     Once you identify and separate your wants

    from your needs,you will realize that there is

     enough money to take care of your needs

     and then some.Remember, in order to

     keep the meat lean;the butcher has to

     trim away the fat.

     In essence,our wants are nothing but fat.

     Once you cut some of them,you will be

      able to do some of the things that you

      thought were improbable.

     Once again, it goes back to your  thoughts

      and what “self” is telling you.We all have

      the same 24 hours in a day.So it’s what you

      do in those 24 hours that really matter.

      The same with your money.Reguardless

      of how much money you earn.If you save a

      certain percentage of it and you cut

      50-90 percent of your wants,you will

      be able to live  a more abundant life!

 - garry b

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