By m.maruthu
Some things never change, and certain truths are universal. As it happens, this applies to the age old topic of money, as well.
At any time in history, no matter what the current state of the economy, no matter what the current trends, no matter what the unemployment rate is or where interest rates lurk, some money-making truths are set in stone, and remain true across time in all different kinds of economies.
Some of you may have heard of these ideas before, others may be entirely new to you. But whether you are familiar with these super secrets or not, it will be well worth your while to put them into effect in your own life.
The magic they will work on your financial life is guaranteed. These money-making ideas are just waiting for you to bring them to life. We urge you to put them to work for you - any one of these could change your life!
Amazing Money Tip #1:
The great scientist Albert Einstein once said, "It takes a genius to see the obvious." What he meant by that is that sometimes the simplest things in life are the most powerful... but because they are so simple, we tend to ignore them, and not let them work for us.
One of the simplest but most powerful money making ideas is this: Keep a daily log of everything you spend. Go to the dime store and buy a little notebook. Carry it with you wherever you go. Write down every penny - every single penny - you spend every day.
It's as simple as that.
If you do this, you will find something magic happening in your financial life in just a few weeks.
There is something incredibly powerful about writing down all your expenditures. It makes the flow of money through your life more real and exact. It shows you simply and clearly just where you are spending your money, on what and why. Once you know that, it becomes much easier to control your spending.
For Example:
One woman realized through examining her notebook that she actually spent nearly $2,000 per year on diet soft drinks, snacks and candy bars!
Since her job as an office clerk brought her a scant $12,000 per year, she realized that one-sixth of her entire income was being frittered away on something entirely frivolous.
The woman gave up the snacks and drinks, and found she had enough money to afford health insurance – plus has $400 left over.
Many people who have taken up this practice have not only learned something about themselves which they never knew before, but they are often astounded.
If you could choose snacks or health insurance, which would you choose?
The point is, it was her daily expense log that helped her achieve the insight and clarity she needed to get control of her finances. That's what a simple spending record will do for you - it will give you control over your spending, and thus your financial life. There may be nothing but a $1 notebook and a ballpoint pen between your life of financial struggle and financial freedom.
