Sunday, December 28, 2008

The Way Rich People Think

"How do I get rich?" is the question that frequently passes through the minds of the people belonging to the middle class or the "bum class", like you. It runs over and over again, yet they don't know the answer to it. Check out the wealthy across the globe - the difference between the wealthy and non-wealthy is the way their brains tick. They may just be people, but they've got something that others don't: the answer to the question mentioned earlier. The more they "invest" in the answers to the question, the richer they get. They don't just stick with one answer, but they create many more, which in turns increases their wealth exponentially - all this because they got the right "mind set".

So in a "not-so-futile" attempt to help you do the same for yourself (be one of the wealthy pricks out there), I'm going to share with you several ways rich people think, that you could mimic the "pattern" for yourself, ready? Here's the first way: well-off folks got the balls to take risks. They play the money game, play it hard, and win. They don't mind having losses, because they completely understand that it's part of the game. Rich people don't get affected much, coz their balls push them to move on, and come back stronger. Most people (the average and the bums) are too SCARED to try half the things the wealthy do; they shiver in fear when it comes down to taking risks (like investing in the stock market and other get rich programs).

And that's the reason why the average stay the way they are. They get stuck with their jobs and toil day after day in a building they don't even own. Another difference between rich people and the "others" is that the poor like blaming their current situation on the government. It's easy to point your finger and put the blame on someone else - why? Cuz it makes them feel better about themselves and that there's no need to thrive to make things any better. Rich people think differently, they believe that the only person they should be blaming is themselves.

They know to get something they want, they have to go get it themselves, not wait for someone to hand everything over to you on a plate. They take charge of their lives, pointing it in the direction they want to go. Others leave things to "fate", and accept whatever happens to them. Next deviation between the two would be the "ability to see the bigger picture". Rich people like thinking outside the box, see the bigger things in life, and create ways to get there. It can be risky and scary to do so, but they do it anyway.

Poor folks like seeing things as they're presented to them, like the first low-paying job they ever landed, and the pathetic financial income it provides. That job becomes their "world", in which everything revolves around. Failure to see opportunities beyond that is what keeps them stuck there. There's an old saying, that goes "tell me who your friends are, and I'll tell you who you are" - I forgot who quoted it, but anyway, it's very true. Bar room brawlers hang out with fellow bar room brawlers, so any person seen with a brawler can be mistaken (or most likely be) as a brawler as well.

Rich people associate themselves with others of their kind, in which they (in some way) help each other "grow". Learning and growing is a very important part of their lives, and what makes them even more successful. So if you have any intentions of gaining financial freedom, start thinking the way the wealthy do.

Rick Goldfeller

Wednesday, August 20, 2008

Managing Your Money With Personal Finance Software

When you start managing your own money, you begin to realize how much there is to organize, especially if you have a variety of assets on top of your regular checking, savings and credit card accounts. A money manager has to be able to keep track of loans and investments, as well as spending and income. One way to make this easier if you are managing your own money is to use personal finance software.

Using the computer to manage your money

Personal finance software is designed to help you keep track of your income and expenditures, but many programs are also designed to help you organize your investments and other financial transactions. It is possible for you to update your accounts and reconcile them when statements arrive, and to make changes when you do something new. The computer can make money management much more efficient and organized.

Backing up your financial information

Computers, of course, are fallible. Sometimes they crash, and information can be lost. If you use personal finance software to help you manage your money, it is a good idea to back it up when you make changes. You can do this by putting the information on disk, or on an external drive, like a zip drive, external back up drive or a flash stick. It is important to back up your financial information so that it is not lost if your computer has problems. It only takes a few seconds, and it can save your hours of work re-entering all of the information.

If you want to be your own money manager, it can be done with a little education, and some help from a personal finance software program.

Find more information about Personal Money Management at MoneyManagement123.com. Also, visit Money Management 123 to find more information about Personal Finance Software.