Money Goals
From The 11 Best Money Saving Ideas of All Time - Part 4 by: Palyn Peterson
At any time in history,
no matter what the current state of the economy, no matter what the current
trends, no matter what the unemployment rate is or where interest rates lurk,
some money-saving ideas stay true.
Some of you may have heard of these ideas before, others may be entirely new
to you. But whether you are familiar with these super secrets or not, it will
be well worth your while to put them into effect in your own life. The magic
they will work on your financial life is guaranteed. I urge you to put them
to work - any one of these could change your life! Big changes come from small
steps. One plus one does equal two, so if you add one from eleven different
places, you will see big results.
This is a four part series giving you advice on saving your hard-earned money
in a variety of down-to-earth ways. Nothing here is anything that anyone can't
do on a daily basis.
Amazing Money Tip #9: Set Goals!
You must set short-term goals and long-term goals. If you don't know where
you are going, how do you expect to get there? It's simple but powerful logic.
When you have a target sitting out there somewhere in the future, a target
which is your goal, it can almost act like a magnet that pulls you toward
it.
Setting solid goals which are attainable, yet still a challenge, have proved
time and time again to be one of the most powerful methods of achieving wealth
and success ever developed. It has been demonstrated in corporate training
schemes. It has been used successfully again and again by countless individuals.
Setting both short term goals and long-term goals has the effect of focusing
your mind like a laser beam. It pulls you along toward higher and better things.
It gives solidity to what you are trying to accomplish, and thus makes that
which you want more real and likely to come into your life.
As you have probably heard, it is best to write your short- term and long-term
goals down on paper and then post them somewhere in your workplace and home.
The first thing you should do every morning is look over your goal list, and
then put together your Top 10 to do list which will move you toward your goal.
The last thing you should do every evening is review your short-term and long-term
goals, and tell yourself as you go to sleep that you are going to do everything
in your power to make those goals a reality in your life.
Amazing Money Tip #10: Put Your Money To Work!
Invest your money and make it work at multiplying itself. Saving money in
a savings account is important as we said above, but the 2.3 percent interest
rates most banks give you is not even enough to keep pace with inflation.
You must do more than save your money -- you must invest it. That means financial
vehicles with super-high rates of return, such as mutual funds and stocks,
or the more risky commodity markets.
A $5,000 investment in commodities can return you 10 times that amount --
$50,000 --in just a few weeks, although you could easily lose it as well.
Invest your savings into a long term certificate (CD). You can often get one
with an interest rate up 4.5-5%. They are 100% safe, and still give you a
much better return than normal savings accounts.
The bottom line is, you should take a portion of your savings and put it in
a high interest or high risk investment plans. That's the way to really get
ahead.
Amazing Money Tip #11: Have Fun!
Yes, this tip easily makes my list because it is so essential to your success.
The great writer Ray Bradbury once said in an interview: "If you are not having
fun, you might as well forget it. Do everything you do with joy and you'll
be successful."
You need to be having fun to stay positive, and you need to stay positive
to make money. So come on! Get out there, laugh, clap your hands, live! Have
a blast and rake in the cash! The world is waiting for you!
I hope you have learned many new ways to save your hard-earned money, and
enjoy your day-to-day life more. Remember, nothing discussed in this 4 part
series is anything that you can't do. If you put this information to good
use, it is guaranteed that you will benefit from it.
About The Author
Copyright © by Palyn Peterson
palyn AT futureinternetmarketing.com
Related Articles
Four part series on the 11 Best Money Saving Ideas of All Time by: Palyn Peterson
Return to Part 1: Tips 1 through 3 offer basic insight into
living
on a budget, cutting expenses and increasing income.
Top of Part 4:
Setting money goals,
for life and investments covers tips 9 through 11.
Return to more free money saving tips with
Practical Ways to Save Money.
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