Spending Money

bymichael737

259 followers

11 years ago

When you spend a dollar it should be replaced as soon as you can. By selling more products or information products or something. Now why do I say replenish,because if you keep on spending you will soon be in debt with nothing saved. I have spoken to some wealthy people and one of them said I won't spend a hundred dollars until I made a thousand dollars. Think about it. There company put up signs at airports. They were so wealthy they had there own plane. But the sad part was that when the mom passed away the dad spent his money but did no replace what he spent. Long story short he ended up spending all his money and had very little at the end of his life. Did you know that the Vanderbilt at one time had more money then the United States Treasury. Extremely Wealthy. What happened they just kept on spending, they wanted for nothing but soon lost it all.

My point only spend what you have too. Most americans spend way to much money. If the money you are spending is for your future, such as learning then by all means spend some. But replenish what you spend always. Always think of ways to make money for yourself and your family. The money you make don't spend foolishly, put your money back into advertising. You reap what you sow. But don't eat your seed money or you will be broke. If you are building a business put the money back into the business and it will grow. Don't spend that money in the beginning,put it all back. Again if you start spending your profits you will soon be broke.

Maybe have a balance. Spend allittle save allot. Most people when they start making a ton of money start blowing all there money. Thinking it will last them forever. But you never know what tomorrow brings. It may rain on your parade or hail on your crops. Either way be prepared for the blessings and the thin crops.