How To Get Out Of A Financial Mess

Published: 03rd March 2009
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As you sit there reading this article, do you find yourself feeling like a victim of the recession, inflation, high taxes, lay-offs, high gas prices, credit card debt, and/or MLM marketing scams?


Let's face the harsh reality that a "victim's" predominant thought process is "poor me."

They blame the economy, they blame their type of business, they blame the government, they blame the stock market, they blame their employer, they blame their employees, or they blame their up-line or their down-line. It's always something else or someone else. The problem is always anything or anyone else, but them.

If you want to break free of the "victim" mentality, then having the right attitude is the key. Attitude decides the size of your dreams and influences your determination when you are faced with new challenges. Any day you wish, you can discipline yourself to change it all and gain financial freedom.

So, if your are ready to make better choices beginning today, there are two practical strategies I can recommend for getting out of a financial mess.

Defensive Strategies

The first one is defensive:

1. Cut down on what you are already spending. You can't start a business being in a financial mess. Cash Flow is more important than revenue. And you need to have lots of cash flow coming from your pockets if you are going to succeed.

Here are some things you can cut down on

• Eating out - eat at home

• Lottery tickets - use that money to invest in business

• Night outs - spend some nights at home thinking about making more money

• Vacation and Country Clubs - you won't die without a few memberships

• Food - eat healthily and you can even think clearer

• Laziness - The biggest thing that will hold you back!

• Other costly & harmful habits - coffee, smoking, alcohol

2. Most important of all, don't buy anything that constitutes a liability. A liability is anything that takes money out of your pocket no matter what it is worth in the future. Think in terms of cash flow. What can I invest in today that will give me funds tomorrow?

Now let's move on to offensive strategies:

Offensive Strategies

1. One of the best, low-cost ways to invest in your business skills is to join a Network Marketing company. There are other options such as starting a traditional business, but if you want to guarantee yourself something concrete where business skills are concerned, my take is on Network Marketing.

Regardless of what you have heard about this industry or how much money people have lost there, the biggest reason why I would recommend everyone to invest in a network marketing company is because of what you can learn there, and not because of how much money you can make (although it would be fantastic if you can make a living out of it).

You see, network marketing companies are the one place where people will share their trade secrets FREELY. It is logical because in order for your upline to succeed, they will want you to succeed as well! Therefore, they will not hold back in teaching you the skills.

Furthermore, the relatively low cost of investing in a network marketing company will amaze you for what you can learn for the price you are paying. They will patiently train you in the attitudes and business skills you need to succeed in this industry.

Basically, you can't succeed in network marketing with an employee's mindset. A network marketing company will train you in sales, communication, teamwork, leadership, positive thinking, self-improvement, time and money investment as well as the support of your upline as a personal coach and mentor. The skills you develop will last a lifetime.

You are only spending a few hundred to a thousand dollars in start-up and education. A traditional business might be too risky for someone without any business experience. You invest tens of thousands of dollars and you might struggle trying to break even. But once you have developed the skills above, you will have a higher chance of succeeding and achieving the financial freedom you desire.

2. The most important thing of all besides a good learning attitude are the people you mix with.

It has been said before; you are the sum of the five people you spend the most time with!

This is very hard to swallow but imagine if you start talking to your five closest friends or family members that you want to go out on your own and make a fortune. What would they tell you? They would laugh their socks off before tearing your ego into a million pieces!

At the heart of man lies jealousy. They don't want to see the people around them succeed. If you succeed, it makes them look bad. They know in their hearts that they are going no where yet they embrace that lifestyle and pull you down with them. They will steal your dream, and rob you of your financial freedom if you are not careful!

The key point to remember is: Only mix with Positive thinking people!

Positive thinking is not wishful thinking. A wishful thinker is a dreamer who doesn't take action. Positive thinking is backed by action and you will feel the energy of people who believe in you and support your dreams.

3. Lastly, you must BELIEVE IN YOURSELF!

The task of stepping out of your comfort zone may seem terrifying and many will not support your dream.

Then you will be faced with the question, is my financial freedom worth the price I am paying now? Can I live another day with the same routine, the same job, the same paycheck or the same drudgery? If the answer is no, then take action NOW. Not tomorrow, or you will wake up and forget about your dream.

Write down your desire on a piece of paper and hang on tight to it everyday. Share it with someone positive and take that first step.

You won't regret it.

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