Saving Money

I was advised a couple of months ago to make “manifesting wealth and abundance” a top priority for 2008-2009. We live in a period of adjustment the world at large is ready to change some of its old time problem up until now, we had countries with a small elites at the top being very wealthy. We had also a small numbers of riches countries exploiting the majority of poorer countries.

May be, we can cry because some of us are becoming poorer however it is important to know that even poorer people are getting richer the average salary is increasing in India, China, Brazil and most of the eastern European countries. The African country ,Angola, recorded a sky-high 27 % of economic growth in 2007. $ 70 billion dollars have been invested in Africa in 2007 only a shy $ 10 billion dollars was invested in Africa in 1997.
The present drama that we are playing en masse is the adjusting of wealth between the poorer and the richer. Of course, if you referrer to your news media you will not see this as such, the news media almost exclusively focus on bad and gossip news they aren’t telling you about people becoming wealthier here and there.

In fact we are at the best time I believe to become wealthy and abundant. The success of book like The Secret (Still in the top 3 sold books in the UK) is an indication of that.

Now comes the idea of saving money I think Roman and Packer authors of Creating Money are right when they say savings act as a magnet to draw more money.
Most people are used to only certain range and fairly consistent energy flow; they allow their monthly income to be no less and no greater than a certain amount. One guy calls this a setpoint the maximum amount of flow money you allow yourself to get at one time. Sometimes ago, I read an article about what London City traders do with their bonuses. One of them got a £ 130,000 pounds bonus he spent it the very same day on drinks and parties and paid for everyone the most expensive wines.
Others traders did similar things they spent the bonus as fast as they can these amounts of money are clearly above their allowance point. If you are like most people you will start to spend money as get close to your setpoint.

You can start with savings account in USA the FDIC guarantee the protection of your first $ 100,000 dollars in the UK the Financial Service Compensations Scheme guarantee the protection of £ 35,000 pounds deposited in any one institution. So if your bank go kaput the aforementioned amount are protected it also mean that smart people will have saving accounts in different institutions.
It also mean the money will no longer be concentrated in the hands of a few players but in many …adjustment is in order I have been telling you.

It is important to tell yourself that you are not storing money because time are going to be difficult you are storing money because it will help to empower your life.
Other than savings account you can invest , investment demands time and more commitment if you decide to go that road, tell yourself that you attract the right people to help you with this. The book Creating Money has some more info on this topic, highly recommended reading.

This entry was posted on Sunday, September 28th, 2008 at 3:09 pm and is filed under Goal Achievement. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.