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I recently watched a Saturday Night Live skit spoofing Suzie Orman. She was working with a man who had become homeless, unemployed and starving. She offered him financial methods to obtain cash so he could get something to eat, all of which focused on “biting the bullet” and taking a penalty to withdraw funds from investment and saving portfolio elements.
I somehow sympathized with the man since I feel equally unable to produce cash for the essentials, much less to be investing for the future. Basically, the needs of the now outweigh the needs of a futuristic then. And so it goes with by far greatest portion of the general population.
The real question is, if I got some money out of nowhere, would I invest it or would I use it to pay for some perceived much needed something? Money out of nowhere isn’t budgeted or planned, and I should be able to live without it. I think most of us would let it go back into the economy through the consumption of goods and services. And why is that so?
Those of us who do not function with a personal budget or have investment plans don’t actually know what to do with money except spend it. In fact, that is the only avenue available when there are no other plans. If we do not view creating a financial portfolio as a necessity but rather an optional choice, then there is no possibility to have a financially lucrative future. If the seed never touches ground, no plant will exist to produce fruit. It is basic “1 + 1 = 2” kind of stuff.
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How to get money out of nowhere. Getting money out of nowhere is the total and complete dynamics of an investment portfolio. To consider getting money out of nowhere or obtaining financial wealth in the absence of physical effort should become the central foundation of developing a financially lucrative future. This is the focus and not, in any way, a fantasy. Perhaps accepting this basic principal can be viewed as breaking down the first barrier to financial success.
Money out of nowhere is all around each of us. First, the small amounts of coins that seem to have no substantial value may be the first step. How much can you put together and ear mark for investment? Next, what do you own that you can sell on at an online auction web site? Have you really looked to see if something you own would not be better served in someone else’s hands? Never forget the ad with the lime green car!
Ultimately, the commitment must be developed based on a sense of self-love. A sum of money must be allotted to the financial portfolio each time some money is received. You must tithe to yourself, to your future. You must consider yourself, your future self, regardless of what your life costs you in the now. If you feel that you cannot be concerned with your financial future, then odds are you have poor health, possibly smoke and drink, perform no health-based exercise and become angry several times per week.
The bottom line is, after all, what we are dwelling on. The mental barrier must come down. And, rather than itemizing and dwelling on what the barrier consists of, just ignore it. Make a commitment to be committed to a plan to save the quality of life.
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