You Can't Afford to Think Poor

Post on 01-Nov-2014

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It costs a lot of money to be poor. When we are poor we make more desperate, short-term choices (often through necessity). But is there a way to Balance and get ahead while poor?

Transcript of You Can't Afford to Think Poor

&HOW MUCH IT COSTS TO THINK/BE POOR

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POOR BY CHOICE

It takes a lot of money to look

this cheap!“”

~ Dolly Parton (1946 - present)American singer-songwriter, instrumentalist,

actress, author, and philanthropist

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KNOW YOUR NEEDSSTOP MISSING OPPORTUNITIES

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Make informed decisions. Before purchasing, be aware of your real needs. Too often you act on impulse - buying something of little or rare use & missing out on better Opportunities.

BE PATIENT PRUDENT&MORE RESOURCES, MORE OPPORTUNITYWhen you have resources, you have Balance and options. When you have Balance and options, you stop making desperate moves - opening up a world of possibilities & Significance.

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UNDERSTAND THE GAMEWHO WANTS IT MORE?Marketers and advertisers will seek to convince you to buy ‘sizzle’, ‘pop’, luxury and laziness. All at the expense of your resources and sometimes, even your health. Caveat emptor!

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ARE SOMETIMES MORE COSTLYFREE DISCOUNTED&4

It is tempting to feel that buying discounted goods or getting something for free extends your purchasing power. If it does not directly meet your needs, then it is “noise” to be avoided.

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CHEAP IS EXPENSIVETAKE SOME TIME TO EVALUATE

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Items that cost more are generally more durable & last longer. Know when to buy something for short-term use (avoid over-spending) and for long-term use (avoid under-spending).

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INVEST NOW EARN&BUY LASTING VALUE, NOT THINGS

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Calculate the Opportunity Cost of buying items that you view as expensive and untouchable. Quality can save you time, energy, money & even health. Invest in those savings and you gain.

MAXIMIZE OPPORTUNITIESLEARN TO BUY WITHOUT SPENDINGMake the most of Opportunities. Use redeemable points, offers & coupons that help you save resources for other family needs. Make reminders to track expiring offers & contacts.

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AVOID CREDITORSDEBT WILL DRAIN YOUR RESOURCESDebt is costly and an impulsive trap. Loans and credit cards attempt to fuel Survival with unaffordable purchases driving up the costs of both cheap and expensive items with fees.

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REMEMBER THE 3MsMONITOR, MEASURE MAXIMIZE&Keep track of your finances. Stay in control by learning your purchase needs/patterns and planning for priorities. Preparedness will allow you to focus, adapt & deliver your family goals.

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PROTECT RESOURCESTEAMWORK WILL ACHIEVE YOUR GOALS

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When everyone in your family, including children, learns and takes responsibility, it becomes easier to achieve family goals faster. Reward your team for their sacrifices from time to time.

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LEARN MORE TODAYJOIN US FOR FREEJoin us on facebook.com/lifemapp and lifemapp.com. Self-study for FREE or group study with a mentor for only $39/month. Grow with us and find your Opportunities & Significance.

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