February 9, 2006

Did You Catch The Exciting Entrepreneur Training Call Last Night?

Last night was a great call. My partner and coauthor of Wealth Without a Job presented. Although I have heard what he said many times before I still learned something new. He discussed savings and spending. You may be thinking yeah right, this is boring.

Sure, on the surface it doesn’t sound exciting but read on…

Spending and saving is a habit we were taught. Most of us have been taught during the 20,000 meals with the wrong financial planners. If you haven’t guessed, that’s your parents.

Remember. It’s not your parent’s fault. They gave you everything they had. However they can’t give you something they don’t have to give.

The point is…You have a pattern which is holding you back from getting what you want. Do you want to know that the pattern is?

OK Here we go…

Most people have no idea what they saved or what they spent last month. What this says is you have an unconscious spending and savings pattern. Does this mean I was passed out for a month? No. It just means you are not aware of what you are doing.

Here’s the bad news. When you work unconsciously you will get whatever result is programmed at the unconscious level. You have no control of this unless…you become aware of what you are doing.

So how do I do this? Do you really want to know?

Here’s the good News Now. Keep reading…

Simply keep track of everything you spend money on and how much you save. Do this for at least one week and it’s better if you do it for a month. This is a major eye opener. To be a truly successful entrepreneur you must do this NOW! I can’t stress this enough. This little piece of information is critical to your success.

If you haven’t read my Phil’s book Money is My Friend, you definitely want to read it. This book will give you more insights on savings and spending.

Now that you know what to do and how to do it, I want to hear what some of your results are. So make sure you come to the blog and let me know through your comments.

I’ll talk more about what else to do in a future blog entry.

To Your Success,
Andy Fuehl