How to Attract More Money
- Author Arman Vakili
- Published June 10, 2008
- Word count 504
The game of money is very similar to anything else that we experience in life. If you want more of it, you have to be able to show that you can handle whatever it is that you've already got. Unless you can prove this, you will not be able to get any more.
For example, imagine that you were with a five year old and you were taking him to get some ice cream. You get him one scoop on a cone. As you are walking out, his unsteady hands wobble and he drops the ice cream.
Being the kind person that you are, you go back into the store to get him another one but he sees the picture of the triple scoop and asks for that one. Would you get it for him?
The answer is no. If he couldn't handle one scoop, why would you get him more scoops so that he fails again and gets even more discouraged? This is how it works with your money. If you can't show the universe that you can handle what you've already got, you won't get any more.
In order to handle whatever it is that you're currently making, you need to have a very simple and manageable budgeting strategy. This will enable to categorize all of your spending habits and see in which areas you can "cut the fat" and make the most of your current income.
The main purpose of your budgeting strategy should be to pay yourself first. Before you make any bill payments, before you start spending your money on leisure items, you have to put a certain amount of money away for your future. The default figure is 10% of any income that you make.
Do this with all of your income; even your retirement income. When you get your retirement disbursements, save 10% of that money too. If you do this, you will find that you will never run out of money.
For many people, 10% of their income isn't a great deal of money. However, if this money is consistently put aside and it's working for you on compound interest, it will shortly begin to accumulate to a large sum of money.
During the first few months, you will feel a slight pinch in your budget. But just like you learn to adjust your expenses to your income when it increases, you will be able to do the same to your income when it decreases. After a short while, you won't even notice that the money is being taken out of your checking account.
Having and consistently working your budgeting strategy will place into effect one of the most powerful natural laws of our universe: The Law of Attraction. It is this universal law that will help you to attract more money into your life.
Once you habitually start to save your money, not only will you have more money because of the compounding interest, but the universe will expose you to many new ways of creating more income.
Find out the simple budgeting system that you can use to effectively manage your income by visiting:
http://moneytips4success.com/index.php?option=com_content&view=article&id=47&Itemid=56
Find out how you can create more income to manage by visiting:
http://moneytips4success.com/index.php?option=com_content&view=article&id=46&Itemid=55
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