Re: $$$$$$$$$$$$....money

I believe money automatically flow to those who are grateful for it and manage it well. T Harv Eker in his book Millionaire Mind recommends using this money management plan.
His suggests allocating your money into 6 different accounts

50% Living Expenses
10% Giving
10% Play (This money is to be blown every month on things that make you feel rich)
10% Education (Traditional education or books, seminars, CDs etc..)
10% Investment account
10% Long Term Savings account (Wealth Accumulation Account)

I know it is not possible for most people to manage their money this to begin with. T Harv Eker recommends that people start with an amount of money that is manageable. He gave the example of how one woman could only manage to do this with $1 but she made a commitment to double the amount she would manage every month. She did this and she saw the level of her income increase. One day she was given a $10000 bonus from and she was able to put that money into her Savings account because she manged her money so well she didn't feel the need to spend it.

Also broke people focus on spending their money on consumer items. Wealthy people focus on spending their money on accumulating assets.

I hope this helps.

Danny P. Tweet