SNOW BOOTS AND 7 POWERFUL FINANCIAL TIPS
Several years ago, my extended family went to Colorado for Thanksgiving. In those years, we made an annual trek somewhere to spend quality time together. This particular year we were surprised by a very special treat. The weatherman hadn’t predicted snow in that area until December, but God disregarded the weatherman’s predictions and decided to shower us with snow. Lots and lots of it. We were thrilled – well, mostly!
I was a bit perturbed because I was convinced that there would be no need for snow boots in our already overstuffed luggage, so I didn’t bother including them on the pre-trip shopping and packing list. Now, it was time to frolic in the snow and my poor children had nothing to put on their feet. Being the ever-resourceful fix-it man, my dad suggested that we simply tie plastic grocery store bags on their feet and let them go for it. The girls were game to try it, so off they went ….for about 3 minutes until the bags tore, their socks were soaked, and they were generally miserably cold. Needless to say, I felt like a terrible mother, and my family has teased me mercilessly ever since.
Sometimes, we treat our finances the same way I treated the prospect of snow. There was an obvious equation I failed to consider: mountains + Colorado + late November = snow. There are obvious equations related to our finances that we often miss as well. Ron Blue gave us one of those basic equations: “Spend less than you earn, and do it for a long time.” Right! We know it but how difficult is it to do it?
Over the next two weeks, we’ll examine 7 Powerful Financial Tips. They’re basic equations for financial success. Yet, their power lies in the fact that they can change the financial trajectory for an individual or a family. Let’s explore them together and determine how we can implement them in our everyday life. One more step towards being financially free.
What is the most powerful financial advice you’ve received?
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