If you re-read the heading and immediately thought "How can I
give if I'm broke!" this article should enlighten you to a truth, which
can get you out of debt and keep you out.
Most people believe being in debt is a spending problem. When speaking to financial advisors or specialists, they will typically equate it as such. But what if it's more than just a spending problem; what if it's a giving problem?
If you've been following along with these articles and newsletters, you no doubt realize there is an ultimate truth about everything that affects our life, and that truth oftentimes makes a lot of sense to us, but sometimes it seems contradictory.
Truth is there are two principles to managing money. One principle is: If we want to have money, we need to save it; not spend it (easy enough to understand). However, a second principle is: If we want to receive money, we need to first be willing to give some away (far more difficult to grasp).
Most of us have experienced living paycheck-to-paycheck and struggling with not having enough. As such, we are tempted to hold onto what little we have and make it stretch as far as possible.
This second money principle is one most commonly known by those who are wealthy; more surprisingly, oftentimes while on their way to becoming wealthy-some of which understood this principle from the beginning, while others did not. Regardless of their understanding, those who give graciously to charity, good causes and to help those less fortunate, often reap benefits of great financial gain. The point to remember here is the willingness to give graciously, not begrudgingly. Which could be the difference between successfully initiating this second principle or not.
Consider what Donald Trump states about his mother, "She always had time to give to charity and needy causes, so her interests were diverse, yet well balanced. I like to think mine are too, and I'm quite a giver in many cases."1 Even Robert Kiyosaki, author and founder of Rich Dad, Poor Dad suggests to give 10%, save 10%, invest 10% and live off the rest.
So now that you are aware of a truth that many wealthy people follow, are you going to continue to believe you are too broke to give? Even if you earn just a little, are you too broke not to initiate this money principle? The choice is up to you. If it works for Donald Trump, Robert Kiyosaki, Bill Gates and Oprah Winfrey, why wouldn't it work for you?
Remember, truth stands, regardless of people's opinion or understanding. It takes faith to believe and even more faith to do. Truth is: Give and you shall receive.
1 "Why We Want You To Be Rich - Two Men, One Message" Donald J. Trump; Robert T. Kiyosaki. Rich Publishing, LLC. First Edition: December 2007
Most people believe being in debt is a spending problem. When speaking to financial advisors or specialists, they will typically equate it as such. But what if it's more than just a spending problem; what if it's a giving problem?
If you've been following along with these articles and newsletters, you no doubt realize there is an ultimate truth about everything that affects our life, and that truth oftentimes makes a lot of sense to us, but sometimes it seems contradictory.
Truth is there are two principles to managing money. One principle is: If we want to have money, we need to save it; not spend it (easy enough to understand). However, a second principle is: If we want to receive money, we need to first be willing to give some away (far more difficult to grasp).
Most of us have experienced living paycheck-to-paycheck and struggling with not having enough. As such, we are tempted to hold onto what little we have and make it stretch as far as possible.
This second money principle is one most commonly known by those who are wealthy; more surprisingly, oftentimes while on their way to becoming wealthy-some of which understood this principle from the beginning, while others did not. Regardless of their understanding, those who give graciously to charity, good causes and to help those less fortunate, often reap benefits of great financial gain. The point to remember here is the willingness to give graciously, not begrudgingly. Which could be the difference between successfully initiating this second principle or not.
Consider what Donald Trump states about his mother, "She always had time to give to charity and needy causes, so her interests were diverse, yet well balanced. I like to think mine are too, and I'm quite a giver in many cases."1 Even Robert Kiyosaki, author and founder of Rich Dad, Poor Dad suggests to give 10%, save 10%, invest 10% and live off the rest.
So now that you are aware of a truth that many wealthy people follow, are you going to continue to believe you are too broke to give? Even if you earn just a little, are you too broke not to initiate this money principle? The choice is up to you. If it works for Donald Trump, Robert Kiyosaki, Bill Gates and Oprah Winfrey, why wouldn't it work for you?
Remember, truth stands, regardless of people's opinion or understanding. It takes faith to believe and even more faith to do. Truth is: Give and you shall receive.
1 "Why We Want You To Be Rich - Two Men, One Message" Donald J. Trump; Robert T. Kiyosaki. Rich Publishing, LLC. First Edition: December 2007
Author of Insight In Sight: Was I Born Like This? A straight gone gay gone straight lady, who shares the journey and how she did it. http://www.sylviehache.com
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