May 19 “ If you have held thoughts in the past that the only way money can come to you is through your job then let that go immediately” The Secret
I have been a public school teacher for most of my life. I get paid a fair wage but it is modest at best. My household is very good at managing money but has always focused on watching our expenses and not generating income. My brother who has done extremely well and he has always done the opposite, and has focused on generating income and not stressed about his spending. Please remember, you must learn to manage your money to some degree so that you will have either good credit or money to invest or both. I love the quote from “The Secret” because it is a mindset you must adopt in order to attract more money. I have seen this in action in my life. As a result of being extremely frugal we have been able to save some money and invest. I have a goal that each month I will make more in investment money than I do from my teacher salary. I have invested enough to know this can happen if I’m patient and not force impossible results. In 1998 Michael Dell the founder of Dell Computers made a decision to grow his net worth. He hired a money manager and started investing his money. At the time he had around 800 million dollars. He and his investment company have grown that to 15 billion dollars today. Did the 15 billion dollars occur because of his salary at Dell? It grew from his investments. I will continue to imagine great investments will be presented to me that will help me reach my goal of a net worth of 1 million dollars by April 15 2015. I’m motivated to see what opportunities are going to present themselves to me.
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