Seems like everyone has a cool “ninja” trick for saving more money…
…an if it’s not saving…it’s investing. Over the past 11 years, yours unruly has had the pleasure of speaking with hunreds of financial advisors, insurance agents, and investment advisors.
One thing I’ve noticed is they all sell their services as a “magic pill.”
Some sell the index fund strategy as a “plain clothes superhero.”
Others sell managed mutual funds as a sort of “diamond in the ruff” you can’t live without.
Gold.
Real estate.
Forex.
Stock options.
It never ends.
And…many people buy into this stuff. They’re so mystified by finance that they step over dull and boring dollar bills to pick up shiny new quarters.
One tells you he can get you the lowest fees in the industry. Another says his secret sauce will produce 20% gains in just 12 months.
Let me let you in on a little secret…
There is no magic — only magicians.
These magicians are very good at covering up the “obvious.”
Here’s what I mean:
My wife got me some of this lipospheric vitamin C to help me with these nasty allergy attacks I’ve been having. It’s a highly absorbable form of vitamin C, and some studies show it dramatically reduces histamine levels…
So…I takes it and I feel better.
Anywho, this morning I see my wife reach in and grab herself a vitamin C packet. Curious. She doesn’t have allergies. So, naturally, I ask…
She says “Well, you’re always saying I should pay myself first. So, I got myself some.”
Smart girl. Thinking ahead.
Now…I’m not telling you you should start taking vitamin C. But, what I AM telling you is you should definitely pay yourself first. In health AND in finance.
Your ability to earn an income depends almost entirely on your health, mental and physical.
If you’re not taking care of yourself, then you’re asking for illness at some point in the future…
Eat well. Get enough sleep. Work out. Schedule in some downtime. All “obvious” things, right?
And yet, when it comes to money, it’s all a mystery. “What do I do?”
I’m amazed by those who struggle to save money. These people aren’t dumb…but the “obvious” eludes them.
If you want a future savings, you need to place a value on your future. You don’t need to make sacrifices, but you DO need make priorities. How much is your future worth? 10%? 5%? 2%?
Whatever it is, start saving that much of your income…today. Not tomorrow. Not next week. Not next year. Right now.
As soon as you get paid, deduct 10% and live on the rest. It doesn’t matter how old you are. 40, 50, 60, 70, 80…
Unless you’re dead, you will need savings later on down the road.
It’s so “obvious,” but how many people really do that?
By the way, if you don’t think your future is worth anything…you’ll save nothing…and you won’t have a future. And… you’ll be forced to make sacrifices later.
More:
Once you have that 10% worked out, you can use that to start saving even more money using more “obvious” methods.
Methods I’ll show you at my upcoming webinar. If you’re serious about saving money, consider signing up for it.