Our prosperity as a nation depends upon the personal financial prosperity of each of us as individuals. Despite what Nancy Pelosi tried to feed the nation when she proclaimed every dollar of welfare and unemployment payment produced two dollars of economic prosperity, our nation has achieved it's much envied wealth by the financial success of the individual. Personal financial freedom is the key, and learning to manage your income is a prerequisite to success. Our financial success as a nation has led some of us to a "here today gone tomorrow," attitude, and frankly the nation's economy is reflecting that. We've had our credit downgraded for exactly that reason. America is the wealthiest nation of the last two hundred years, because we are the richest people of that time. Not because we collected entitlements. There was a time when we truly appreciated the value of money, used sound financial principles, saved money, and made our money work for us. We practiced fiscal slavery, creating incomes for the future and our heirs. Now our government seeks to steal money from those who earned it, and redistribute it so those who lack ambition can spend it recklessly, in hopes of "stimulating" the economy.
Let me remind us all how fiscally responsible citizens act. First make your wallet grow. Deciphered...earn an income! Second, control your expenditures, or understand where every penny you spend goes and for what! Third, make your money multiply, safely invest to make our money your slave. Make it work, and any of it's offspring work for you. Fourth, guard your income from loss. Fifth, own your own home. Don't pay rent throwing money out the window, gain equity. Sixth, insure a future income. and finally increase your ability to earn, or as I like to say, "never stop learning!"
Would someone forward these sound financial principles to Washington?
God Bless!
Capt. Bill
Mentoring
Leadership
Community
Subscribe to:
Post Comments (Atom)
You didn't cite the source of the first sentence you used. It's from the forward of The Richest Man In Babylon by George S. Clason. Instead of harping against the Democrats why don't you talk about the positives of the Richest Man in Babylon. Encourage people to read the book, get their personal finances together, then demand that their elected leaders (Republican & Democrat) be good stewarts of the publics money. Don't get offended by my post when you read it. Honestly look at it & see its merits.
ReplyDeleteCapt. Bill, you gave the principles of the Richest Man in Babylon with out citing it. You also, in my opinion, had too much negativity in you post. Anyone who reads this - the information Capt. Bill describes in this post is from The Richest Man in Babylon by George S. Clason. Please buy the book, read it over and over again, and do everything that it says. Let this be the financial foundation that you lay before you build your financial house. Give the book as gifts to the people you love, & read it as a bed time story to your kids. If you're a Christian this book is to your money like the Bible is to your soul. Get the book!!!
ReplyDelete