Making, Saving and Giving Away Money

Money isn’t everything…

But it ranks right up their with Oxygen!

In the book The Richest Man in Babylon, we learn 3 principles about money management, assuming about 70% of your income goes on general living expenses:

Save 10%
Invest 10%
Give away 10% in gifts and charity

Saving

At the time of writing, December 2010, saving money does not mean putting it in a bank account.

Use crowdsourcing websites to get good deals on goods and services.

Be wary of the financial system today. Banks apparently are not too big to fail. Northern Rock in the UK and Lehman Brothers in the US are probably only the beginning of media coverage of banks falling.

What’s more, with all of the false money stimulation by governments now printing money, your currency value is being eroded… going down… being devalued.

Which means saving money must be done by choosing the medium and the location in which to store it.

Whilst I am not a qualified financial advisor and legally speaking you should take nothing I see as any kind of recommendation, and only as general entertainment… I for one am riding the commodities wave… gold and silver specifically.

Storing it in unallocated pool accounts with reliable institutions is probably as good a place to save money as ever, whilst in fact it will act as part of your investment strategy because precious metals seem to be on the up and up.

Investing

I’ve mentioned Gold and Silver.

Let me mention it again…

I have spent many hours, over many months, carefully reading financial, economic, political and investment information, newsletters, news, editorial, articles, reports, presentations, videos, etc.

And all things are pointing to the likely continued boom in precious metals – possibly in a very big way. Please investigate these opportunities asap.

See my page How I Play the Stock Market and Win.

Giving Away Money

Whether charities are your kind of thing or not, allocating 10% of your money to funding in one way or another, causes that you think are worthy and important, is dare I say it, good for the soul.

For you, it may be giving gifts to close friends and family, special gifts that help them in their aspirations and individual life adventure, perhaps supporting their education or their hobbies.

Make Money

Of course, the more you make, the more you can save, invest and SPEND! so how can you raise your income?

What I suggest is that you check out the new program called Your Wish Is Your Command and let me know that you have orderred it. I will then give you a bit of email coaching to help you clarify opportunities of making money that may work for you, and the audio program itself will open your mind to an approach to creating abundance in your life that will astound you.

Bottom Line: Making, Saving and Giving Away Money

Protect what money you do have.
Invest money so that your money works for you and grows.
Find a way to enjoy a portion of your money regularly, particularly through contributing to people you care about.
Make more money

Make a Financial Project for your overall Lifestyle Design by using the 7 Dimensions of the Creative Process.