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How to Be Financially Successful
How to Be Financially Successful regardless of your income level by using some simple to follow strategies that really won't require too many changes to your current way of life.
We all want to be well off, it has been pushed onto us our whole lives. Just watch TV, read a magazine or walk down the street.
Advertisers are constantly telling us we need this product or that new style like what we already have is no longer any good.
This is not to say we don't all want to fit in and be accepted by our peers, we do, we just don't need to go broke trying to do it.
There are several strategies and philosophies that may help you to improve your standard of living.
There are strategies we use they may not be good for you, you will have to decide for yourself.
But if you take one idea and it helps you in a positive way then I didn't waste my time writing this article.
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How to Be Financially Successful
By The PCman
How to Be Financially Successful
Being successful is a relative concept. What is success to one may be failure to another.
This article addresses ways to build your savings, be content with what you have accomplished and ways to make your standard of living better.
To me this is just business as usual but I can't assume that everyone thinks the same way so here is the article.
- Unlimited Income
Although you may not be in a position at your job to make as much money as you want it doesn't have to stay that way. The number of dollars available for you to earn is not limited.
If you begin to realize this fact it may help you to subconsciously push yourself to seek other avenues to generate income.
This doesn't give you license to overspend rather to over earn, though I don't think it's possible to over earn.
Think positive, think of yourself as doing better. Think like this before you are doing better as it may help you to achieve this state moving forward.
- Keeping Up With the Joneses
While comparing yourself to others can be a source of motivation you can't base your life on it.
No matter what you have, whatever it is, your job, your car, your house, there will always be better.
Your friend, your boss, your neighbor will have some things that are better that what you have.
Although you do want to better yourself, and this isn't to say you should give up and accept less than you could aspire to, at some point you need to be happy with what you have accomplished.
You are the only one who can determine the level of success you will accept. If you feel you haven't reached your level then work toward reaching it.
There is no reason other than ego for one to try to appear to be a success when one is not.
I think a person would be better served keeping their money in the bank and have savings rather than look they have money and have none. Why be fake?
The desire to "look" like you have money can be a motivation to actually obtain money.
What will the "fake" person do when an emergency happens and their bank account is empty? They won't be able to pay with the fancy new clothes they bought.
When you get to the point where you are saving regularly and paying all of your bills every month then you can begin to spend money on things that are extraneous.
This is just my opinion. I am not saying to look sloppy but we don't need to subsidize the companies that overcharge for their high end brands that hardly make clothes better than reasonably priced brands. Just think about what you buy and be sure you are getting good value for what you buy.
Would you like to know that you chose to buy more modest brands because you wanted to not because it was necessary.
Sure you aren't wearing expensive clothes or driving an expensive car but you have lots of money in the bank compared to the guy trying to look successful when he is deep in debt and scarcely has any money in savings. And, you know that you might actually be able to retire some day, how nice.
- Set Some Long Term Goals
This doesn't have to be a tedious activity, think about what you want your future to look like. How much money do you want to have? What kind of house do you want to live in?
What kind of car do you want? What kind of job would you like to have? Aside from your financial goals what about your personal goals? Goals that aren't related to money.
You could write them down as a list so you can refer to them when you are feeling "off track" or discouraged. Whether you write a list or not you may notice that as time progresses your original list of goals may change as you gather more life experience.
- Teach Yourself
If you don't know how to reach your goals then search the internet, talk to others, visit the library and read books to learn what you need to do what you want.
Start with articles like this, whatever it takes to light a fire under you to ignite your passion to succeed. It will take some effort to learn how to be financially successful but in the end it will be worth the trouble.
If you can't seem to learn what you need to know on your own, Community Colleges offer courses and High Schools have night schools that are very cost effective.
It will require effort on your part to accomplish what needs to be done to bring yourself to the point of success you desire. If it was so easy everyone would be successful but that doesn't mean we can't all get there.
I am am still trying my best to get to where I want to be. There may be times when we feel discouraged and unmotivated but we need to keep an eye on the "big picture" to keep up focused and productive whether we are at work or self-employed. Forge ahead and stay the course.
- Credit Issues
Keep track of your use of credit and your accumulation of debt. Having monthly payments that become unmanageable will only put a roadblock in your plans.
Obviously not many of us can buy a car or house with cash so a loan is necessary but other than that try to use cash or debit so when you buy things you are done paying without a bill hanging over your head.
You can actually make money using credit cards if you are responsible with your use of credit. We have written another article that explains a simple strategy you can use to do this.
I am hopeful that this article about how to be financially successful can give you a starting point to begin the process for you to improve your standard of living.
With hard work and determination I hope you can set yourself up to be better than you are now.
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