Wednesday, February 24, 2010

Make money for FREE by not avoiding small things which you think are of no use.


It is important to know the basics and grammar for everything and this applies to making money as well.

In our daily lives we come across many problems, doubts and confusions which we want to overcome and fix immediately. Most importantly, we want all these solutions and ideas for FREE or we are only willing to pay a very small amount of money for them without realizing the losses we incur from our actions in the long run .

For example when we want to make money or dream to get rich we ask our friends and relatives the way to do it without realizing that they are also in the same boat as we are. The reason is we don’t want to pay money for an advise or suggestion when we can get it free but lets face this hard fact that you rarely get a good piece of advice from a non professional . If you ask your cousin ,who is a doctor , about the new investment or tax saving scheme, he will probably not be able to give you a good piece of advice simply because he is busy studying about the latest developments in medical industry from dawn till dusk and if he has high aspirations he will also see the same in his dreams .

Similarly you cannot ask a Financial Advisor about a solution for your heart pain, he will probably start asking you how many of your stocks are losing money currently or probably he will advise you to take an antacid . So in both the cases you will get some ideas which are free but you will not get that particular idea which can really find you a good solution and eventually you might lose money in the long run by not taking the correct decision at the correct time or in the second case by landing in a hospital with some serious heart ailment. So its important to consult a professional when you are in problems or to read on that subject when you are in doubt or if you are looking for a way out.

One of the areas which most people find difficult is 'money' and 'making money'. The only time people find themselves comfortable with money is when it comes to spending . No body needs a professional advisor or a book to say how to spend money. In fact they are always short of money when it comes to spending. The problem is only in maintaining and making money and it starts from the very beginning of earning.

People struggle from their childhood preparing themselves to earn money and when they are actually earning it they really don’t know what to do with the money that they have earned so they spend it. They completely overlook and forget about increasing the amount that they have ,so that they never fall short of it until a day comes when they realize that they are actually falling short of money due to increasing responsibilities or commitments but they don’t know what to do next. They only know that now they need money but how to get that money they don’t know because they have never thought of learning the basics of making money.They have only learnt the basics of getting an income . In most cases the income is directly proportionate to expenses. The more you earn the more is your demand to spend . For those in whom the case is reverse ,we have a name for them in English language -people call them ‘misers’ and our ego does not allow us to attach this word to our name . So the thing which determines your financial freedom , your wealth , your security is that little portion left between your income and expense. This portion is never big for anyone but the person who uses this small portion wisely ,systematically and regularly is called “ RICH” unless he inherits from his forefathers.

Most of us think that this wise and systematic use of the money is a difficult job and if you do a mistake there is a chance of incurring losses. Yes you might but have you ever thought while you drive your car that you might meet with an accident and you might die?Has it ever stopped you from driving?’No’ . What we do is that,we learn the basics of driving well by attending classes.We complete the minimum number of practice hours required to make our concepts clear, we follow traffic rules , we drive safe and believe and trust that it’s a part of our life and we will not face any difficulties on the road. All these factors together make us hold the steering wheel with confidence. Similar set of rules apply here in case of money making which are as follows:

a) you need to learn the basics .
b) You need small practices to make your concept clear
c) You need to follow rules
d) You must trust that is it not difficult

Making money is just a process you need to follow step by step . If you start from the middle you will be confused.The first step is to set your mind frame, learn the basics . Those who are already reading this blog are lucky that they have already taken a step forward to make build mind frame and that is why you are spending time to read this. If I ask you -is it difficult for you to write a sentence in English language , you will say' no' because you have completed certain processes over these years and now you know how to write but the answer would have not been "no" when you were in kindergarten. We all are now in the kindergarten level
when it come to learning how to make money. Once i asked one of my good friends' " how do you play lovely solos on your guitar while i can play only chords and am dying to play solos like you". He told me "because you have learnt and practiced only chords and I have taken a step forward to learn and practice solos as well". That cleared my doubts . Everything starts with a grammar . We learn alphabets followed by grammar and then we can write sentences which make sense. My friend learned notes , chords and then progressions to play sweet solos. So we must start learning from the beginning ,step by step and practice doing the same thing over and over again so that one day before realizing we find we have the money that we were looking for all these years. Not only money ,this truth applies to anything you need in life , anything you want. I had another good friend who used to play very good guitar . One day suddenly i saw him playing cello. I asked him how he learnt playing the instrument so fast and he told me that the technique was the same. Its only chords and then progressions which he fitted in Cello. After some time i found him playing drums which is absolutely a different instrument and i asked him now how you manage to do this . He again told me the formula is the same.Its only 2/4/8 beats and rhythm which is used in guitar as well as in cello so he just fitted it accordingly. I understood that the formula remains same for everything. Only thing is that you need to apply and fit those in different places . But again you have to start at some point to make it . You have to start now. Its rightly said " the early bird gets the worm" the earlier you start the faster you make it . It does not matter how old you are now.Its never too late to start.

The fact is "start NOW" . Obviously the next doubt coming to your mind after reading this is that- well, start now is fine but which is my first alphabet in MONEY ? Where to start and how to start? Well that is also as simple as this concept which I explained to you . Without going into difficult and complex things to start with I will tell you in my next blog how to see USD 25000 with you suddenly one morning without realizing or without even working for it .

Till then be rest assured that you have already started learning the basics of making money .

Keep reading this blog regularly and I am certain that you will make profit out of it along with me . Its time now for a coffee break………..



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