"The love of money is the root of many evils because it often involves selfishness. On the other hand, the wise use of money involves principles of righteousness. It involves sacrifice and discipline. It is the acid test of our faith." -- James E. Faust
Sunday, February 25, 2007
Love of Money
Friday, February 09, 2007
Secrets to Making Money
Richard Paul Evans spoke yesterday about his book "The 5 Lessons a Millionaire Taught Me." It was a great presentation and he also mentioned Bookwise.
Richard Paul Evans is best known for his writing of "The Christmas Box" and founding The Christmas Box House - a charity which helps abused children. His "5 Lessons" book is the highest seller financial book at Costco (outselling even Oprah picks) and is the Business Book of the Month for February.
1. Decide to be wealthy!
Don't conform to the masses -- those who have little. If you're going to conform, find a millionaire and conform to what they are doing. Imagine what the world would be like if only the bad people had money. Money is not evil. There is much good that we can do if we have money. Think about the parable of the Good Samaritan -- he was only able to help because he had the means to pay for the care of the injured man. How many of us could do that?
The first step to having wealth -- is to deal with your own beliefs and feelings about money.
2. Take responsibility for your money.
Know your net worth -- there is a free financial calculator at TheFiveLessons.com where you can figure out your net worth. Know where your money is coming from. Know where your money is going. Know what your money is doing -- find ways to have your money work FOR you.)
3. Keep a portion of everything you earn.
"The Richest Man in Babylon" a book by George Clason taught this principle. Keep a minimum of 10-15% of everything you earn. Create a nest egg for yourself.
4. Win in the Margins.
The successful wealth builder finds additional ways to build their nest egg. You will find what you look for -- so look for ways to earn more money. Keep trying -- eventually you'll get it right. Carefully consider each expenditure -- "Do I really want it? What am I appeasing?" Use the phrase "Is that the best you can do?" -- save money on shopping and then any money you've saved add to your nest egg.
This is where Bookwise came up. It's another way to win in the margins -- another way you can add to your income.
"Freedom and Power are better than Momentary Pleasure"
5. Give back
That is the fun of having money -- being able to serve and change lives -- to help those who cannot help themselves -- to make a difference in the world.
Richard Paul Evans is best known for his writing of "The Christmas Box" and founding The Christmas Box House - a charity which helps abused children. His "5 Lessons" book is the highest seller financial book at Costco (outselling even Oprah picks) and is the Business Book of the Month for February.
Secrets to Making Money
1. Decide to be wealthy!
Don't conform to the masses -- those who have little. If you're going to conform, find a millionaire and conform to what they are doing. Imagine what the world would be like if only the bad people had money. Money is not evil. There is much good that we can do if we have money. Think about the parable of the Good Samaritan -- he was only able to help because he had the means to pay for the care of the injured man. How many of us could do that?
The first step to having wealth -- is to deal with your own beliefs and feelings about money.
2. Take responsibility for your money.
Know your net worth -- there is a free financial calculator at TheFiveLessons.com where you can figure out your net worth. Know where your money is coming from. Know where your money is going. Know what your money is doing -- find ways to have your money work FOR you.)
3. Keep a portion of everything you earn.
"The Richest Man in Babylon" a book by George Clason taught this principle. Keep a minimum of 10-15% of everything you earn. Create a nest egg for yourself.
4. Win in the Margins.
The successful wealth builder finds additional ways to build their nest egg. You will find what you look for -- so look for ways to earn more money. Keep trying -- eventually you'll get it right. Carefully consider each expenditure -- "Do I really want it? What am I appeasing?" Use the phrase "Is that the best you can do?" -- save money on shopping and then any money you've saved add to your nest egg.
This is where Bookwise came up. It's another way to win in the margins -- another way you can add to your income.
"Freedom and Power are better than Momentary Pleasure"
5. Give back
That is the fun of having money -- being able to serve and change lives -- to help those who cannot help themselves -- to make a difference in the world.
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