Money Mastery

Money can be your servant or it can be your master. The choice is yours to make. If you want to be the master in this relationship, you must learn to assert your control.

This process is simple. It may not, however, be easy. You are habituated to certain beliefs and behaviors towards money. The mass mindset of your culture, including the pervasive advice of advertisers, banks and advisors, is extremely persuasive in convincing you that you are a servant to money and its mysterious and magical attributes.

Nevertheless, if you have the discipline to enact these simple control mechanisms, you will become the master in your relationship with money and, in so doing, will begin to create the financial success you desire.

1. Spend less than you earn.

This is so obvious that it should not even need to be said. However, we live in a society that is predicated to debt financing. If you can't pay cash for it, do without.

2. Pay yourself first.

Take 10% of your income and save it. Don't spend it. Don't lend it. Live off the other 90%. That 10% will build your wealth. It is your foundation.

3. Get out of debt.

The interest you pay on borrowed money, if saved or invested instead, would be enough to retire on. Debt does more than make you a servant to money, it turns you into a slave.

4. Have multiple sources of income.

Reliance upon a single source of income is a recipe for disaster. If your primary source of income supports your lifestyle, your secondary sources will build your wealth.

5. Create passive income.

So long as you work for your money, you are the servant. When your money works for you, it is your servant. Simple, isn't it?

6. Invest in yourself.

Wealth is a product of mind. Expand your mind. Educate yourself about wealth creation. Learn, and then apply, the millionaire mindset secrets of the masters. I give away a free ebook on my website that will help you get the mindset that allowed me to become a self-made millionaire.

Understand that money is not wealth. It is simply an agreed upon medium of exchange that enables you to trade one form of wealth (what you are and what you can contribute) for another form of wealth (food, shelter, security, freedom, pleasures,etc.

The more value that you can offer, the more valuables you can accumulate. Become more valuable. Invest in you. You will get to have wealth after you become wealthy.

Leslie is the author of The DELFIN Knowledge System Trilogy: The Initiation, The Journey and The Quest plus many more success publications. He also the co-author of The End of the World with Hugh Jeffries and Alexandra's DragonFire with his daughter Ashley. Subscribe to his free and ad-free eZine at http://www.prosperityparadigm.com or http://www.prosperityparadigm.com

Reprinting and republishing of this article is granted only with the above credit included. Permission to reprint or republish does not waive any copyright.

elite cleaning services Mundelein ..

In The News:

Scammers are flooding inboxes with fake tracking alerts that mimic real carriers, exploiting the holiday rush to steal logins and personal data.

The Fox News AI Newsletter brings you the latest news on AI technology advancements and the challenges and opportunities AI presents now and for the future.

Texas family reunites with missing 11-year-old cat Grayson after 103 days using Petco Love Lost's AI photo matching technology and community help.

Tired of AI customer service loops? These insider tricks help you escape "frustration AI" and get real human help when you need it most for urgent issues.

Unlock richer audio from your streaming apps with simple tweaks to volume normalization, equalizer settings, and quality preferences for cleaner sound.

Scammers are sending fake Facebook settlement payout emails that mimic legitimate notices from the privacy settlement administrator to deceive users.

Holiday shopping scams surge as fake refund emails target distracted consumers during Black Friday and holiday seasons, costing Americans billions annually.

The AI-powered IRMO M1 exoskeleton features four modes, including turbo, eco, training and rest for hiking, running, cycling and sports with eight-hour battery life.

OpenAI announced upgrades for its ChatGPT Images platform on Tuesday, saying the program can now make more precise edits and produce images more quickly.

Chrome for Android now turns web articles into AI-powered podcast conversations. Get hands-free browsing with Google Gemini's natural audio summaries.

LastPass faces $1.6 million fine from U.K. regulators after 2022 data breach exposed 1.6 million users. Password manager failed proper security controls.

Petco disclosed a data breach exposing customer Social Security numbers, financial account details, and driver's license information due to a software error.

Baseball teams can now analyze complete swing mechanics in normal training environments using Theia's markerless AI system that processes standard high-speed footage.

Smart home hacking fears overblown? Expert reveals real cybersecurity risks and simple protection tips to keep your connected devices safe from hackers.

MIT develops needle-free glucose monitor using light technology. Revolutionary device could replace painful finger pricks for diabetes management.

The ClickFix campaign disguises malware as legitimate Windows updates, using steganography to hide shellcode in PNG files and bypass security detection systems.

Researchers from Osaka Metropolitan University designed a 21-foot dome that combines aquaculture and hydroponics to create a self-sustaining urban food system.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

ChatGPT data breach exposes personal info of users through partner Mixpanel. OpenAI confirms names, emails compromised in security incident.

Android rolls out Emergency Live Video for 911 calls, letting dispatchers see real-time scenes during emergencies. Great for holiday travel safety.

Malicious Chrome and Edge extensions collected browsing history, keystrokes and personal data from millions of users before Google and Microsoft removed them.

Google's new Call Reason feature lets Android users mark calls as urgent before dialing, displaying an urgent label to recipients using Phone by Google app.

Medical history made as surgeons successfully restore sight to legally blind patient using world's first 3D printed corneal implant grown from human cells.

Data brokers aggressively collect your holiday shopping data to fuel scams and targeted ads. Learn how to delete your digital profile before 2025 starts.

Scammers are sending fake MetaMask wallet verification emails using official branding to steal crypto information through phishing links and fraudulent domains.

Money Mastery

Wealth Building