Page 30 - Blance book

Educate yourself on money to build and create financial longevity. Wealth is
created by self-sacrifice and delayed gratification. It’s not about new jewelry or
a new car. It’s not about living in the moment.

The biggest mistake in life is not learning how
to channel your money in the right direction
to grow for you. My mother gave me some
great advice at a young age. It still rings loud
in my head today. “Don’t spend money that
you don’t have”(credit cards) and “It’s not how
much money you make it’s what you do with
your money that counts (investing).”

If you don’t respect money you’ll never have
it long. So it’s very important that you start
educating yourself on how to properly manage
your money. And live the life you want to live
and have fun in doing it. The monopoly board “Don’t spend money
game in your life is real. that you don’t have.”
(credit cards)
Regardless of your current status, educate
yourself on how to maximize the money you “It’s not how much
do have, and the money you will earn in the money you make it’s
future. That knowledge will benefit you on what you do with your
your decisions and help define the path to your money that counts.”
future. Being able to empower our children (investing)
with knowledge is a beautiful thing.

Just do it. Financial plans work. Like any good road map that gets you where
you’re going, a financial plan is designed to keep you on the path towards your
goals. Financial planning is helpful because it encourages you to do a better job
of budgeting and managing, which in turn helps you control spending and saving.
Developing a good habit of reviewing your plan helps spot potential problems
which allows you to address those potential problems in a timely manner.

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