I was not able to blog the whole last week due to unexpected health problem. At the moment when I was lying on the bed doing nothing but thinking, I realized that health should be considered to be the top priority of my life.
But today I am going to talk about financial priorities. Financial priorities is what you actually do when you receive money. In other words, what you do with your money in the beginning will dictate what you’re able to do in the end. Why rich people is richer is simply because their financial priorities are investing, they see money as an opportunity to invest, they build their financial lives on Capital; Most people, in contrast, have it all backward. They see money as an opportunity to spend, they build their financial lives on consumption and save some leftover money for security. But you see, the problem is that many people are in the dark about this concept, they live a life of consumption, and the life of consumption could give the appearance of wealth without any of the substance, so they never realize that they are building their wealth on the sinking sand.
To have a rewarding financial situation, getting your financial priorities in order is the first step. Your family financial situation depends on your ability to prioritize investing over spending, to value capital more than consumption. Don’t let the consumption dominate your thinking, your life.
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Lillian & Benjamin, we help families achieve financial success
contact: lillianwenli@yahoo.ca
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