Weapons., when used properly, make winning a battle easy. Fortunately for you and me, the battle over your personal finances is fought between your ears, not on Wall Street, not in Washington DC, not at your bank, and not at your job. No, your key to a crushing victory on the personal finance battlefield is to develop your own battle plan and to use the weapons you have at your disposal. What are those weapons?
- Price book
- Saying no
- Contentment with “used”
1. Your own attitude and intensity
What DO you believe about yourself? The beliefs you carry around in your head, the words you say to yourself about winning your financial battles, the strengths or weaknesses you emphasize to yourself all have an effect on your success.
You can be in control of your beliefs, and you can support any belief you choose with the facts. It just depends on which facts you choose to emphasize, and which you choose to ignore. Choose to believe that you can become debt free, that you can save money, that you will become the success you want. That’s the first step to winning this battle.
2. Your willingness to stick to a budget
A spending plan is a key weapon in winning any financial war. Think about this – name a Fortune 500 company that operates without a budget. Don’t think too long because they don’t exist. Successful companies around the world operate with a budget for one reason – they work. They help companies make money by keeping track of their cash and determining beforehand what each dollar will do. But although making money and making a budget appear to go hand-in-hand, it appears that the overwhelming majority of Americans do not have or correctly use a personal budget.