Friday, April 2, 2010

Money is Active

Anyone who has had money or would like to have money (pretty much everyone) has experienced how money is active.  It has a flow that makes it unique.  Whether it's observed through varying interest rates, cash flow, or value, money is dynamic.  If you try to hold onto it by burying it in the back yard in ten years, it will have lost buying power, and therefore value, due to inflation.  Sometimes the harder you hold onto it the faster it seeps through your fingers.  (That is the paradox of giving that I'll talk about another time.)  The vast majority of time however, money leaves because you're not respecting it. You've gotten lazy and just going with the flow, swept up in the current so to speak. 


Are you starting to see that if you can understand this law of money, it might be easier to manage?  This is why I think I keep talking about and coming back to the principles of being intentional, organized, focused and above all educated about how to handle money.  This concept takes time and patience to understand and develop.  It doesn't happen overnight but if you keep going, you will get there.  Through this process please remember that money doesn't care what level of education you have.  The fact of the matter is if you don't know about money management, then you can't keep beating yourself up.  Until now you have probably been doing the best you could with what you knew.  Ignorance about money and impatience are a recipe for disaster.  Now it's time to change that and do better.

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