I don't know if this works for everyone but I know it certainly works for me.
I used to be one of those types who worked low-paying, low-wage, dead-end jobs to survive. I figured, hey, that pays $6.50 an hour! All I could see was the money because I needed the money.
Of course when it wasn't enough to pay the bills and still leave enough left over to enjoy life, well, I must need to get a second job and earn more money, right?
Wrong! A second job may provide more money but it does not leave very much time. There are only 24 hours in a day and I recall what an old man told me, "You can always make more money but you can't ever make more time."
So that was out.
What changed my life was the way I thought about money. Hopefully this will help you, too.
I learned that money is nothing but a tool, and there is a HUGE difference between spending and investing
When we buy food, pay bills, buy clothing, whatever, that money is spent. It is gone and we will never get it back. We traded that money for what we received. That money can never help us again.
But when we invest our money we are sending it out into the world, and when it returns it will bring more money with it.
Money is a tool that we can use to increase the amount of money we have.
It doesn't matter much what you do to invest your money. Stocks, bonds, saving certificates, flip real estate, buy and sell used cars, it doesn't really matter as long as we load the odds of success in our favor. We must invest in things we have control over, not jump to crazy conclusions or be emotional about it.
And it would be super nice if we could get a good return on our investment in a very short time.
Once I started investing my money instead of spending it I began to get ahead. I could send my money out, with the odds in my favor that it would return and bring even more money. I looked at dollars as my little soldiers. I had a platoon of dollars and eventually built them into a battalion, then a brigade and eventually an entire army!
I can breathe easy, enjoy life and I didn't need a second job to do it.
All because I used money as the tool it is.
