Here is the follow up to yesterdays blog on wealth building strategies.
Every business owner knows or should know that spontaneous purchases by consumers, equal higher profits for the business owner and less spending power for the consumer. If you make purchases without planning for them you will most likely spend more than you originally intended. Have a plan before hand.
David Bach, author of The Automatic Millionaire, tells his readers to automate their financial goals. I could not agree more. The less you have to think about, in regard to building wealth, the better. This leaves more time for researching fun and profitable investments.
When I invest to profit from rising gasoline prices I automate my investing. I tell my broker to enter me into an investment at a particular price and get me out once I’ve made a certain amount of profits. I also tell my broker to get me out if it drops to a certain level as well. What this means is that I don’t have to spend time searching investment prices and watching them all day long. I am free to go on vacation and not worry.
Finally, I leave you with fortune building advice I call Dave’s Diamonds™. They summarize the main points of the message.
Dave’s Diamond #1: How you choose determines if you win or lose
Dave’s Diamond #2: Have a plan before hand
Dave’s Diamond #3: Automate the money gate
If you are interested in learning how to create a money making discipline for yourself, right now, then go here. www.themoneymotivator.com
Learn confidence creating secret wealth building strategies that you can use forever. David Wells has taught others how to establish a debt reduction system that can be used in good times or bad. To learn some wealth building strategies and money making secrets go here. www.themoneymotivator.com You can sign up for your FREE newsletter.
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