Money Manager

Money Manager

To give you an idea of how a money manager controls what they have, note which statements apply to you;

The Poor Money Manager

* Spends all their pay immediately.

* Must have it now, no matter how it hurts or how much credit they use

* Has no goals or plans other than to be rich and famous

* Follows the crowd and their friends

* Mixes with people who have similar money problems

* Believes they don't need advice

* Has no interest in gaining financial knowledge

* Spends on items which lose value, e.g. Cars, stereos etc.



The Good Money Manager

* Saves a minimum of 10% out of each pay

* Minimizes borrowing for items which depreciate in value

* Has definite goals, e.g. 6-12 months, 5, 10 and 20 years

* Has a plan that they actually implement

* Mixes with people who are successful money manager

* Knows that strategic spending is a must

* Seeks professional advice and has a wealth coach

* Is keen to learn new things and ideas about money manger

* Invests in items which gain in value by quality





Author: Greg Dempsey – Investor/Marketer
Title: Money Manager

http://www.OpulentWealth.com

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