Money is Simple

Article Written By: Virgil Jones

North America is a continent of immigrants. Just about anyone who lives on the continent can trace their ancestry to somewhere else. I don't have to go through history to cite examples as you already have some in your head. Most of these immigrants arrived with little or no money. Most had little education and most did not know English when they arrived. They had few if any friends and only the most basic jobs were available to them. They took the bottom of the status ladder jobs such as construction labour.

Yet when most people recall their grandparents or great grandparents, they know that they owned their own house clear title and didn't scramble to finance their lifestyle. They usually saved for a trip back to the "old country" once per decade and always did it with cash.

Buying a house in those days was just as intimidating as it is now. Prices for everything were lower but so were wages. So how did they manage to save so much? The answer to this is simple. They were focused and determined. They were downright stubborn. They knew . The one thing that they did was live within their means and they didn't falter.

To save money, they cooked their meals from scratch. Most of them had gardens to grow fresh food. For entertainment, they went on picnics or played cards. They visited each other at their homes and had pot luck dinners. Someone in the family sewed and mended clothes instead of throwing them away. Life was simple. It required much less spending.

If you want to have assets and positive cash flow, you need to implement the rules that these people lived. IT IS SIMPLE. Spend less than you earn and save the rest. Invest in yourself. Buy your house and buy a good house. Then live a responsible life in that house. Have some fun but keep it simple and don't spend too much.

By definition, half of the people in the world have an IQ of 100 or less. By keeping life this simple, the dream of financial security is available to almost everyone. You just need to follow the KISS rule...Keep it Simple Stupid. Some of the people who need to pay attention to this are the smartest because they are not emotionally smart enough to keep it simple.

No matter who you are money is simple. Spend less than you earn and you will save. Save and you will invest. Compounded savings and interest snowball into an exponentially growing net worth. Now, just do it!!!

About the Author

Virgil Jones is a consultant in the area of personal finances. Virgil has writen for online ezines such as How to Compund Interest on the website Thinkyourmoney.com

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This Article Has Been Published on Fri, 28 Jan 2011 and Read 284 Times

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