We are no doubt facing challenging times in our financial markets. Talks of recession, depression and hopes that the spiral into depths, rivaling the 1930’s will not return. I recently read an article that compared our future economy, if we don’t do more, to unexploded land mines.
So my question is; are you feeding in to the recession? What are you doing to protect not just your finances, but your mind? Every where you look and everywhere you turn we are flooded with the doom and gloom of the world markets and how terrible everything appears. Now I am not suggesting you be uninformed about world events or the financial condition of the world. What I am saying is we should not let these negative events drive us to fear. Most people in the world are afraid of what might happen, not what is happening. We live in a fear driven society. Most of the steps and preparations we take in life are out of fear. We were not born with a sprit of fear, we learned it.
As we listen to the latest reports on the news, as we listen to the reporter explain how we are in the worst market since the great depression of 1929, this is the fear that is setting into most Americans. What the news is not telling us is that during the great depression a number of people made millions. How?
Example #1: Let’s use something simple like a pair of designer jeans. You walk into a crowded store with hundreds of people shopping. You can barley move and every cash register has a line extending to the doors. You go in to purchase a pair of jeans. The price tag on the jeans is $150. You and many others purchase the jeans and walk out elated.
Example #2: Same store same jeans, but the difference is there are ten people in the store including the employees. The store is slow; the same jeans that were once $150 are now $65. Due to a lack of sales, the store is forced to mark down the jeans in a attempt to sell them. Would you buy them? There is a reason why only 5% of Americans are financially free and the other 95% are in financial bondage. The 5% buy when the jeans go on sale while the rest of the economy retreats in fear and are terrified to buy, like in a recession. The 95% buy everything at or above market value, because everyone else is doing it.
You don’t need to be a 5 percenter to enjoy life. This blog is not about getting rich, it is about eradicating fear from your life and deciding for yourself whether you are going to feed into this recession or those to come.
Replace that fear with motivation. Don’t let fear hold you hostage or keep you in bondage bombarding your mind with questions of uncertainty. We need to take control of our finances. If you need help, get with a sound financial group who can help you create your financial road map. There are a number of companies that provide services free of charge.
Don’t let fear plan your future. For more information or to get started with your financial road map contact The NRE Group Inc. at 1-888-218-4331 or financialroadmap@theNREgroup.com
1 comment:
This is a good write up.
As coordinator for Financial Peace University a course on money management stewardship and plain old commmon sense, I have the pleasure of helping individuals as well as families take back control of their lives financially and get on the road map to success which coincidentally starts with being DEBT FREE.
Thanks for writing this blog - it serves as encouragement that we as a people are wising up even in these uncertain times.
To learn more about FPU go to DaveRamsey.com and click on "Financial Peace University"
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