Wednesday, August 31, 2011

Are You Living Paycheck to Paycheck?

Well, according to the article below, 42 percent of Americans are living paycheck to paycheck which falls in line with 2007 data. So does this mean there is nothing to worry about since we're "supposedly" back to 2007 data. Well I beg to differ. I will have to go along with Loral Langemeier's concept of "Make More Money" 

Loral says have your latte if that's what you want. Others have cited the "Latte Factor" for us Americans being in financial dire straits. Once again I don't think it's that simple. I believe it is a whole mindset around money that makes it difficult for most of us who haven't dealt with our money issues to come to grips with what those like Loral may be speaking about. Loral or Robert Kiyosaki don't advocate cutting up your credit cards and living below your means. No. What they do advocate is learning how to increase the amount of income, cash flow, revenue -- you have coming into your life. Wouldn't that solve the problem of not having to live paycheck to paycheck? Wouldn't that solve the problem of not worrying about getting laid off? Wouldn't that solve the problem of having to worry about whether or not you can pay your bills, have extra to do what you want? Isn't that a better solution? Make More Money? What do you think?

A good book to consider to help along this journey would be Phil Laut's Money is my Friend, Stuart Wilde's The Trick to Money is Having Some, and T. Harv Eker's Secrets of the Millionaire Mind. 
Or if you want to deal with your money issues right now, I suggest David Neagle's http://www.themiracleofmoney.com/# course.

Another statistic I read in this article that women are still the primary financial stewards of the money for their family brings me to another book you might want to consider, Rich Woman by Kim Kiyosaki. This is a great book breaking down the investing game and how women can win.

http://www.recruiter.com/recruiting-news/check-to-check/

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