Your step to the Top of Internet Marketing

Foundation in Financial IQ

Definition Of Insanity

Naturally, most if not all of us want and crave for something better. It is all part of us if we want a bigger car, a better house, buying good things for the family. We keep hoping for more but, in order to get what you don’t have, you have got to do something you have never done before.

That simply means: Doing the same thing over and over again YET expecting different results!

As an employee, you can’t stay at the same job forever and hope that a miracle will happen and your boss will suddenly give you a raise. You will be lucky that there is no downsizing in your company. Switching to another company will only provide a short term solution to a long term problem.

Sure, you can take up a second or even third job, but do you have enough hours and stamina in a day to sustain it?

The bottom-line: Trading time for money isn’t wise financial sense in the long term. You keep on increasing the hours just to win the rat race, but in the end of the day, you are still a rat on the mill!

Increasing your wages only puts you in a higher tax bracket. Your salaries increase but so does your expenses on your house and car. How will you invest in yourself when all the time you spend working for a company, working for the government paying taxes and working for the bank paying off your house and car? What if you fall sick and can’t work tomorrow? Will the government take care of your family?

I highly doubt so. So isn’t it time you take your finances a tad more seriously? Read more »

Related Posts

• Secrets Of The Rich Series: Taking Responsibility
• Secrets Of The Rich Series: How They Think?
• The E-Entrepreneur Success Mindset Series, Part VII
• Cash Building Strategies Series: Busting Out the Myths
• Secrets Of The Rich Series: Establish a Goal

Related Websites

• Roundup for week of 3 June 2007 Weekend's almost over, so I have to type fast for this week's roundup:Consumerism Commentary is upgrading his expenses as he upgrades his crib.  (He's deciding to continue to rent, for which which I can see the benefits over buying now.)Five Cent Nickel serves up five reasons (courtesy of MSN) to......
• Staying Solvent in Bad Economic Times Every day, the news about the economy seems to be getting worse and people across the world are concerned that they will be personally affected by the changes. In many cases, they already are when you consider how the cost of living has gone up, gas prices that seem to......
• Roundup for week of 15 October 2007: Cheesy Chuck edition Here are some posts of interest from the MBN and other blogs in my reader: Consumerism Commentary debunks half a dozen retirement myths in this post. Five Cent Nickel signed up for Amazon Prime. (It's great, I agree.) No Credit Needed in Day 28 advises everyone to find out where......
• Personal Finance Links (Financial Movie Edition) Last weekend my wife and I watched to movies related to finance - almost by accident. I wonder how many people can claim that since financial movies are rare. Even more rare, these were two good financial movies: Wall Street and Capitalism: A Love Story. We got Wall Street through......
• Weekly Roundup: Kids, Old Bread and Ducks Edition Yesterday, I had an opportunity to do something I very rarely do - spend time with my son during the day.  While his sister was in school, and the rest of the world was out working, we snuck away to a small lake and brightened the day for a few......