MCA Motor Club of America "Training" Wealth Creators
Stacks Marketing
JD ELIZ
Recruiting Director
(682) 422-7440
http://MCASignUpNOW.tk
Mike Anthony Childs Quoted
Good morning Wealth Creators RISE UP,
We had another very productive week as a team, bringing in well over 2,000 new members into MCA, With 1 person topping 100 personal memberships for the 1st time in 1 week, some have been close in the past but never made it over 100, Congrats to the team for a great week,
Today I'd like to define "Wealthy" the book The Millionaire Next Door contrasts a “wealthy lifestyle” with being truly wealthy. Here's a statement from the book “Those who successfully build wealth believe that financial independence is more important than displaying high social status.”
So being "wealthy" does not mean, having everything your heart desires and surrounding yourself with all the luxuries of life, because luxury can be financed with debt, and anything you finance with debt is not truly yours. I believe being Truly Wealthy means being Financially free, free from money worries, free from the need to go to a job everyday doing something that you really do not enjoy just to pay bills, it means being free to pursue your true God Given Talents and passions without worrying about if it's profitable or not, it means being free to give back to your communities and organizations that you want to support, and to be in full financial control of our life.
Avoid being a taker only
Consumerism stands in sharp contrast to financial freedom, because it enslaves you. Unless you were born into money, and assuming you belong to the middle class or the upper middle class, consumerism will keep you in whatever class you were born into, forever. You will not be able to accumulate wealth, because you will spend too much. Perhaps you will be temporarily soothed by the act of buying and consuming, but you will never be truly financially free.
Here in the US, we face incredibly strong pressures to spend and consume, from powerful companies and industries with huge advertising budgets. We’re told we should buy things to be happy, to feel better about ourselves, when in fact buying them usually leads to no more than a temporary rush, which ends with a disappointment and with the urge to buy even more.
Living Below Your Means
I read an interesting personal story in one of the financial magazines I subscribe to – perhaps it was Kiplinger’s. The story was about a man who had accumulated $1.4 million by simply living below his means. He was not born into money, and received no inheritance. But when he started a new job and received a substantial raise, he continued to live as if he was making just a quarter of his new salary, because that’s what he was making before. He stashed the rest, invested wisely, and over ten years, he became a millionaire.
How many of us will ever have the discipline to do what he did?
Ignoring the Joneses that have no doubt financed the luxurious lifestyle you envy, and are likely just one or two major setbacks away from being broke again.
If you feel pressured to consume in order to display your purchases and acquire a higher social status, you will have a hard time becoming truly financially independent. LOOKING rich is expensive, especially when financed by debt, so for most middle and upper middle class folks, it’s a choice – you either APPEAR rich, or you accumulate wealth and actually become wealthy.
But I Want to Enjoy Life Now
Well, define “Enjoy.” You do not have to hoard money and never enjoying the pleasures that life has to offer. On a scale where on one extreme you're a miserable tightwad, and on the other you're deep-in-debt, spending as if there is no tomorrow, there’s a middle ground and it’s up to each of us to decide where on that scale we want to be. You can certainly enjoy having a good time, and the finer things of life if that appeals to you, but it should never at the expense of you're financial freedom.
My point is, when deciding where to place yourself on that scale, keep in mind while spending offers lots of pleasures, so does being financially independent. We live in a culture where the “get pleasure from spending” message is very prominent, but the message of “get pleasure from being able to tell your boss to take this job and shove it, because you can't afford to be there a day longer is rarely there, and when it’s there, it’s usually tied to a winning the lottery ticket, not to working hard, living below your means, investing wisely and accumulating wealth. So again Wealth Creators are you ready to RISE UP? I hope so.
If you'd like to join the movement in 2013, follow me on twitter @StacksMarketing for updates and upcoming events online and offline to Create Long Term Wealth...
Be well, and keep the faith.
Stacks Marketing
JD ELIZ
Recruiting Director
(682) 422-7440
