If you would like a comprehensive report on “How to Build a Strong Financial Foundation,” go to my webpage: http://VincentROrlando.com and input your name and email address. You will receive an email containing a downloadable link. I network my blog entries via a free software package: NetworkedBlogs (http://networkedblogs.com/ ) with my Facebook page: www.facebook.com/vrorlando (add me as a “Friend”) and share them on my FanPage: www.facebook.com/DivineDoOver (“Like” me).
I often Google: “Define: (a word)” and search for a result that meets my needs. Typically, I find what I need from the Merriam-Webster dictionary. This time was no exception. Click: http://www.merriam-webster.com/dictionary/finance if you would like to see the result for the word “finance.”
Financial health is an achievable goal. It is not the key to happiness. The key is abundance in all the Five Dimensions of Life – All my blog entries over the past 5-days. Having monetary “wealth” alone does not insure that you will “Be Blessed” with all the joys that life has to offer. There are many wealthy people who have poor relationships. In spite of their money, some are overweight and undernourished. Their thoughts are chaotic and/or fixed on obtaining more money. Spirits are emotionally broken. So please, don’t kid yourself in believing that if you only had more money you would be happy.
By no fault of their own, people pass on many falsehoods in the topic of finance. I was taught to go to school and get a good education (good grades). Go to college and find out what you want to be when you grow up. Get a job! – That pays well and has a good benefits package. Fall in love, get married, buy a house, have kids (give me grandchildren), etc, etc, etc… All for the sense of feeling secure. Low risk endeavors (except the “fall in love” and “have kids” part) with limited reward (same exceptions). These might be all the things that you need to do to be satisfied. Then again, your pleasure might lean towards being: self-employed; single (until you had enough of the smorgasbord); homeless so you can travel the world, etc, etc, etc… This is not a “one size fits all” lifestyle. Financial freedom allows you to choose. And, the choices are infinite.
Obviously, financial health is important. Shakespeare wrote: “neither a borrower nor a lender be…” Does that make financial institutions or private money lenders evil? Money is not the root of all evil (click: http://VincentROrlando.com/?p=428 for a refresher). Industries give incentives to contributing to a company’s 401k plan. They want you to invest the maximum amount yet they only match a portion. Who really benefits? (Answer: it all depends on your individual circumstances). Financial Planners/Analyst wants you to invest in things like mutual funds or variable annuities. Can you get a higher rate of return in other ventures? In other words, your finances are the one area that needs considerable scrutiny. I highly suggest reading: “Killing the Sacred Cow” by Garrett Gunderson (search for it by using the Amazon link on my website) or participating in a “Crown Ministries” or similar type course. (Contact me if you would like me to teach – I am a certified Crown Ministries instructor.)
Whenever talking about the subject of “finances” (especially yours) remember that age old adage: Trust But Verify! What is in it for the person you are talking to? When investing in stocks, by all means – read the prospectus AND ask questions of the agent. There is an age old rule that is very simple (one word) – DIVERSIFY. Don’t put all your eggs in one basket (again – DIVERSIFY). “Want to be a Millionaire?” Use your Lifeline(s).