Today's Tip • Treat your life like a business : Who wants to live in the red?
Watch the budget of your life. There is a force of nature protecting every company, that force is a person's will power turned into habits. Think about an overhead being kept low, income high. The secret to wealth starts with “Spend less than you save”. Most companies/individuals spend more than they save. They have mortgages, loans, credit cards; all of which are expenses over income.
There are people who want right now, and those who have patience to gain later. Set up a budget starting with the 3 Needs of Purpose; Security, Growth, and Dream. This is a great starting point for any person treating their life like a business. Budgeting money starts with saving, investing, and protecting. When money is in a person's control their business, or life, now becomes surrounded in possibility.
Simply spend less than you save. If you are having a difficult time affording an item, save up for it in your Dream need. Allow money to grow before spending money that may not be available. Falling into a trap of wanting more than building habit tasks will lead to a collapse of any business. Stay within that budget to watch your opportunities becomes possibilities, that become successful ventures.
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