How Much Time Do You Invest In Your Finances?

Finance Tid Bits

How Much Time Do You Invest In Your Finances?

3rd December 2007

Hello there! I know, I've been gone for a while and the last time I posted was almost a month ago. Well, remember I was writing and going to publish a personal finance book for average people like you and me? I was finishing the book, got a publisher interested and working on getting the book out early next year.

However, while I was working on my book I met a couple of interesting people businessmen and women. It is amazing what you can pick up hanging around business people and rich people. So one guy was chatting to me about investing and getting a sound financial understanding of how money works. He advised that I watch the financial channels and read the finance columns.

I followed his advice and realized that in less than a month my mind, my views and my financial literacy jumped to new heights. It's like discovering a whole new world you knew existed but didn't know how to find.

Finance Tid Bits

For example, most people know that if you buy a home you can get tax breaks for owning a home but not that you can get a whole lot more tax benefits if you owned a business.

Or, most people believe that investing in the stock market and buying shares is way too risky and thus they never use this amazing tool to their advantage. Well, driving a car is risky too but that's why there's insurance right? Did you know that there is insurance for investing in shares? Scary huh?

It all boils down to how badly you want to be financially successful and financially independent. The more you want something the more you do your homework on the subject or topic of interest. Look I want you guys to be financially independent but not stop there. There is so much money in this world and with the global economy being so accessible to more and more average people wouldn't you want to be rich too?

So my challenge to you is start to read more and spend more time around affluent people and see how spending a little time taking an interest in your personal finances gives you a head start to financial success.

"Capital can do nothing without brains to direct it." - J. Ogden Armour

Comments (7):

Shailen Says: As with all things the company you keep is important and actually does influence the way you view certain things | 12.03.2007 |

Victor Says: True. Not many people invest time in their finances but expect all to be well | 12.03.2007 |

Janet Says: You've got me interested in insurance for investing. You're right I think I need to make some plans to learn more about finances in 2008 | 12.03.2007 |

Monica Says: I must admit 2007 has been a bad financial year for me but I will do better in 2008 and invest more time in taking care of my finances | 12.03.2007 |

Trevor Says: The only limiting factor is the mind. If your mind thirsts for greater things then you will achieve great things and if not well there's no one to blame | 12.03.2007 |

James Says: Generally how you spend your time is important and affects how you view things. Most people are afraid to spend time on the subject of money | 12.03.2007 |

Dave Says: I agree with James. Most people are afraid to spend time analyzing their personal finances and would rather not learn about money | 12.03.2007 |

MoneyBusiness

Money & Finance

Categories

Blogs I Read

Sponsored Link

Finance Tid Bits

How Much Time Do You Invest In Your Finances?

Comments (7):

Add Comments Here: