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You Have to Have Money to Make Money

8 December, 2014



It is a long outstanding myth that you “Have to have money to make money”. Unfortunately, or fortunately rather, this simply is not true. Perhaps we are just flushing our hard earned money down the drain.

All you really need to make money is an income. The truth is, your income is your greatest wealth building tool. However, we have been conditioned to hand our paycheck to others in the form of buying things we don’t need, to impress people we don’t even know.

We have to have the latest smart phone, whether you are an Apple or a PC. It is no longer acceptable to own a car that is more than 5 years old. We have a standard of living that demands we have the same size house our parents do, only nicer and newer. We have to look good and have elaborate vacation stories to tell.

Before I go any further, let me share Dave Ramsey’s sentiment with you. “I want you to have nice things. I just don’t want them to have you”.

When you send your paycheck to your cellphone carrier, car lender, mortgage lender and credit card companies – not to mention the necessities of utilities, food, and insurance, you find yourself living paycheck to paycheck and have no room to save money, let alone invest.

You have to live within your means and leave room in your paycheck to put money aside for you. If you truly want to have money, put your paycheck to work for you, not lenders. Don’t complain that you don’t have money. Be honest with yourself and realize you are simply giving it away.

Have a plan and discipline yourself to carry it out and you will have money.

If you would like to put together a specific plan for you situation, email me at tim_parady@yahoo.com
Don’t waste your hard earned money another day!

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About

timparady

My name is Tim Parady and I am 36 years old. I was born in Connecticut, raised in Virginia, had a brief layover in Kansas which led me to Texas where I met my wife and best friend. We just celebrated 145years of marriage.
I have the best job in the world, which is to improve peoples lives. I teach people how to win in all areas of there money, which affects all areas of their lives.
78% of Americans live paycheck to paycheck, with no money in the bank and little knowledge of how to invest for their retirement. You can have a different future. You can win with money and I can show you how.
I am an independent Dave Ramsey Financial Coach,and Insurance Agent at Alkali Insurance and I am here to serve you. My goal is to provide knowledge and tools to change your life. To schedule an appointment to address your financial needs and goals, email me at tim_parady@yahoo.com



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