Build Your Wealth with this Savings Account Plan
By In x plane a bull, published Dec 21, 2007
Published Content: 17 Total Views: 4,901 Favorited By: 2 CPs
To become wealthy you have to get out of the mindset of even being in debt. Stop focusing on debt. I think Bob Proctor said it best when he said "I don't care if your thinking get in or get out. If your thinking debt, you're going to get debt." Followed by, "Set up an automatic repayment system and start focusing on prosperity."
How do you focus on prosperity? This is where I come in. There are three easy steps.
1.) Set up a Savings account at your bank and ask them to give you access to it only two days a year.
2.) Set up a direct deposit of 5-15% of your paycheck to be deposited into that account. Note: The direct deposit is a must if you plan on doing this. From experience I can tell you that money seems to have a way of disappearing way before making it to the savings account if you don't set up direct deposit.
3.) Forget about it for six months.
Lets say you have a paycheck of 600 dollars a week. Not very much right? Well lets say you put 15% in that account each week. That calculates out to 90 dollars a week. Now forget about it for six months and after 6 months you will have 2,160 dollars in your savings account. What can you do with an extra 2,160 dollars? Whatever will make you feel as if you are wealthy. Either blow it all and wait another six months or invest it in something. It's up to you but, from now on, you will have an extra 2,160 dollars to play with every six months.
After getting used to the smaller paycheck you won't even realize or notice that the paycheck is smaller. I hope this helps you all and the best of luck to you.
Build Your Wealth with this Savings Account Plan
3-Teir web site creation. Visit http://ctpm.sitesell.com/electronics2001.html for more information
Credit: Jeremy Bowers
Copyright: Jeremy Bowers
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Takeaways
- Wealth is not a sin
Did You Know?
All is one.~God
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Mike Spain
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Posted on 12/21/2007 at 3:12:49 PM
In x plane a bull
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Posted on 12/21/2007 at 2:12:42 PM
Chris Yee
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Posted on 12/21/2007 at 12:12:43 PM