Millionaires

Money (How real millionaires live)

Posted on June 24, 2011 by balancej
This is a reblog

Do you want to know how real Millionaires live and follow it? My answer is yes; if your answer is the same, then the only things you need are a job, career, or vocation, discipline, and follow the next passage that’s written by Thomas Stanley and William Danko:

Who becomes wealthy? Usually the wealthy individual is a businessman man who has lived in the same town for all of his adult life. This person owns a small factory, a chain of stores, or a service company. He has married once and remains married. He lives next door to people with a fraction of his wealth. He is a compulsive saver and investor. And he has made his money on his own. Eighty percent of America’s millionaires are first-generation rich.

Affluent people typically follow a lifestyle conducive to accumulating money. In the course of our investigations, we discovered seven common denominators among those who successfully build wealth.

1. They live well below their means.

2. They allocate their time, energy, and money efficiently, in ways conducive t0 building wealth.

3. They believe that financial independence is more important than displaying high social status.

4. Their parents did not provide economic outpatient care.

5. Their adult children are economically self-sufficient.

6. They are proficient in targeting market opportunities.

7. They chose the right occupation.

Did you know most millionaire lives in a middleclass neighborhood and pay cash for their vehicles? One of the biggest misnomers about being a millionaire is that people think these folk live in the biggest house or own the flashiest and most expensive cars. Nothing can be further from the truth.

According to “The Millionaire Next Door”, about 80% of millionaires purchase their vehicles outright and the balance of them lease. Fifty percent of the millionaires that were surveyed by Thomas Stanley stated that they never spent more than $29,000 in their entire lives for a motor vehicle. “About one in five, or 20 percent, never spent more than $19,950. Eighty percent paid $41,300 or less to acquire their most expensive motor vehicle” (Stanley, 1996). So, what do these numbers tell us? One simple thing, most millionaires are wise with their money. Don’t get me wrong, there are millionaires who are flashy; the media love these types of millionaires. These types of millionaires are good for ratings. We spend our hard earned money trying to emulate this class of rich people; however the biggest difference between them and us, is they can afford to live that lifestyle and we can’t.

One way to know how much car you can afford is simply take your annual income and multiply it by 25 percent. If the total value of the car is more than 25 percent, then you simply can’t afford it. For example, if you make $100,000 a year, your car shouldn’t cost you more than $25,000. Also you should be able to purchase it on the spot with no payments! If you have to make a payment on something other than your mortgage or utilities, then you can’t afford it.

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Money (How real millionaires live)

balancej

Do you want to know how real Millionaires live and follow it? My answer is yes; if your answer is the same, then the only things you need are a job, career, or vocation, discipline, and follow the next passage that’s written by Thomas Stanley and William Danko:

Who becomes wealthy? Usually the wealthy individual is a businessman man who has lived in the same town for all of his adult life. This person owns a small factory, a chain of stores, or a service company. He has married once and remains married. He lives next door to people with a fraction of his wealth. He is a compulsive saver and investor. And he has made his money on his own. Eighty percent of America’s millionaires are first-generation rich.

Affluent people typically follow a lifestyle conducive to accumulating money. In the course of our investigations, we discovered seven common denominators…

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Limitless

No matter what you face in life, you can overcome it. We are powerful beings. Our powers are limitless. The universe works for you. I dare someone tell us we can’t! When you feel like you have nothing left, it’s just the beginning. Growth is all about resistance. I believe in you. Keep driving… Don’t set limitations and surely don’t allow others to set them for you.

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Noise

Repost

Noise

Having too much noise in our lives will definitely have a negative impact on our wellbeing. According to FreeDictionary.com, noise is defined as a sound that is loud, unpleasant, unexpected, or undesired. My definition for “noise” is someone or something that tries to keep us from attaining our current or future goals.

Noise can be extremely difficult to deal with; especially when it’s family and/or friends. Sometimes the ones we love most can do the most damage. They may be verbally and/or physically abusive and not be aware of it. Being verbally abusive doesn’t mean shouting, blaspheming, or being demeaning; it could be simply telling someone what they can’t do or pointing out all the negative things opposed to the positive. Nor does physically abusive mean punching, kicking, or shaking someone; it could be as simple as bringing the wrong foods around us when we are trying to live a healthier lifestyle, which will cause physical harm (hear attacks, diabetes, strokes, etc.) later on.

If all we ever hear is how bad we are, subconsciously our mentality will shift for the worse. We’ll begin to doubt ourselves and lose the “kid” inside of us who once believed we could accomplish anything. Also we’ll begin to give up on our healthy lifestyle and go back to the wrong food choices even when we know what’s right for us. Check out this piece from Napoleon Hill book Think and Grow Rich:
If you fill your mind with fear, doubt and unbelief in your ability to connect with and use forces of Infinite Intelligence, the law of autosuggestion will take this spirit of unbelief and use it as a pattern by which your subconscious mind will translate it into its physical equivalent.
So in other words, we will become what our mind says we will become. Hearing the wrong messages and eating the wrong foods over and over will have a profound effect on us no matter who we are. That’s why is extremely important to be mindful of what we say, listen to, and nourish our bodies with. It’s not wise to feed our children junk food every day for breakfast and expect them to be physically healthy in the long term, just like it’s not wise to call them stupid and expect them to behave any other way.

Noise does have a purpose in our life. I think it’s a constant reminder of the significance of adversity and why having the right people in our corner, is essential. Adversity helps define us. Getting rid of the noise we face permanently is impossible. Nonetheless, if we feel like someone or something is impeding our progress, we must learn to limit and except our exposure to them. I know limiting our exposure to our family members can be tough especially when it’s our household. However we have to modify how we approach that particular noise. Having the right people in our corner to strengthen us is a great start. Here are a few tips to help with limiting and dealing with noise:
• If you are trying to change your lifestyle to a healthy one and your friends and/or spouse are not on board, make sure you surround yourself with at least four people you can talk to who are living the lifestyle you are trying to attain.
• Anytime someone says something negative to you, smile about it and just know it’s them and not you.
• If someone is constantly telling you what you can’t do, just know they are more than likely afraid of your success. Also, they probably can’t do it themselves.
• If you feel like someone has gotten the best of you, go for a nice walk or jog. This simple exercise can help you clear your mind.
• Read inspiring and positive books. Also listen to positive speeches on YouTube or any other source you find available.
• Find a nice quiet place to meditate for at least 10 minutes

I’m reminded that our brains are powerful tools. If we feed it the right messages, great things will happen to us; yet the opposite holds true as well. Please share your experience with noise and how you are currently dealing with them… I hope this helps!!!!

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My Shoes

All of us experience things we question at times on this journey of life. Life can be exquisite or grotesque depending on our perspectives. I’m constantly reminded that until you step inside someone’s shoes, hold your judgement. Clearly most of us have all the answers to most of the problems of the world sometimes. We question, why can’t someone do it this way or that way? All of us come with a unique situation that helps mold our wiring for the rest of our lives if we never venture out of it. No two people are alike.

When a person is hungry, nothing else really matters. In order to move to the next level, we must satisfy our hunger first. Someone who has never had to worry about where their next meal was coming from, probably wouldn’t understand the significance of being hungry. I get it, there are many types of shoes out there; nevertheless, just because you can afford them, it doesn’t give you the right to dictate how someone else should live. My shoes are fine…

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You Are Them…

You are them…

Those who surround us help define us. Culling our company is probably the most important thing we will do in our lifetime. Nonetheless, many of us take this very thing for granted. I realize we can’t always control every aspect of our life; however we can choose who we let in our circle. I know we aren’t supposed to judge one another; however, selecting the wrong company can have severe implications on everything we do and become. No, we can’t hand-pick our parents unfortunately and no, we can’t choose their belief. The hand we are dealt in the cards of life doesn’t give everyone an “Ace”. However, we shouldn’t allow this to dictate the rest of our lives like many of us do. Subconsciously there are things that we really have to work at that was bestowed upon us as kids. Nonetheless, once we reach a certain age, we can choose a different path if we like. This can be extremely hard to do for most of us. If our immediate circle always play the victim, eventually we will become the victim as well; nevertheless, if our immediate circle believe in attaining greatness, learning and uplifting, and embracing challenges eventually we will do the same.
Life can be extremely cruel and may not always be fair; nonetheless, seek out those who believe in you, uplift you, inspire you, challenge you, and are honest with you. When you find these types of people, keep them very close because you will eventually become them…

Do you have a great circle?

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What’s Your Love Language?

Relationship (5 love languages)

Posted on July 28, 2011 by balancej

Repost

Did you ever wonder what really makes your spouse or other half feel loved? Well Gary Chapman eloquently summed it up for me in his book titled, “The Five Love Languages”. Many times we feel like our love language applies to our other half as well. Nothing can be farther from the truth. Gary identified 5 unique languages that each of us have. All of us have connection with all five in one way or another; however one or two of them seems to be more dominating. Gary identified the five different languages as words of affirmation, quality time, receiving gifts, acts of service, and physical touch.

A common mistake that most of us make is we think the other person’s language is exactly like ours. This common mishap has caused strife in many relationships. For example, the husband constantly tells his wife he loves her; however it doesn’t seem to be working as well as he thinks it should. She is very appreciative of the words of affirmation but doesn’t seem to be extremely happy or loved for that matter. The husband seems to be bewildered because he is telling his wife he loves her but she doesn’t seem to be happy with it. This leaves both of them confused and upset. The husband doesn’t realize that his wife’s dominate love language is “quality time” and by spending time with her, she would feel loved. The husband tells his friends that his wife is crazy because he tells her he loves her every day and she doesn’t believes it. His wife tells her friends that her husband doesn’t love her although he tells her every day but she doesn’t believe him. The husband’s language is “words of affirmation” and he thinks it is his wife’s as well. As you can see, this small mishap can lead to huge problems (divorce or separation).

This problem is easily solved; but why does it take couples so long to figure it out? I think there are a number of things that hinders couples from nipping this small problem in the butt. The first thing is we try to bring our habits and experiences and assumes the other person will experience it the same. Secondly, most of us won’t seek counseling to help us through moments like these because we tell our self the counselor doesn’t know anything about us, how could they possibly help. Another reason is some of us won’t read a self-help book to save our life. If we just devoted a little time reading and/or attending seminars on relationships and other areas in our life for that matter and apply it, miracles will begin to happen. You and your spouse can take a free assessment to get a good idea of your love language that will hopefully give the answers both of you have been searching for to make your marriage better.

You can take your free assessment at http://www.5lovelanguages.com/assessments/love/

I hope you find this information helpful!

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