The Thought For The Day: Fiscally Responsible
Tuesday, June 30, 2009
Inspiration: “It’s not your salary that makes you rich; it’s your spending habits.” Charles A Jaffe
Be: (positive confession) I Am Fiscally Responsible.
Do: (first steps) Today, balance your personal budget. One of the biggest causes of personal and relational stress is concerns over money. If you begin to develop a mindset of preserving net worth over just income you can lessen this stress. In simplest terms your net worth deals with the difference between what you make and what you spend, as well as what you spend on (i.e. things that depreciate vs. things that appreciate in value such as real estate and investment portfolios). Although it can be difficult to put limits on our spending habits, what appears to be restrictive in the short term will actually create a plethora of options in the long run.
Have: (making dreams reality) As I develop mastery in the area of spending, saving, and investing I have the freedom to fully enjoy life and the people closest to me.
Be, Do, and Have the best day of your life! God Bless You!
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