Money Management
For Real
Lives
Gaining Financial
Freedom One Penny At A Time
Financial freedom is a reality for all of us!
The reality is that most of us don't have thousands or millions of
dollars to ensure our financial freedom, so we give up on the dream.
I say you can achieve that dream!
You can do it as long as you remain on a level of reality. For
most of us, this is a one penny at a time approach. Begin today and
the pennies start to stack up before you know it!
 Don't think you can gain financial freedom one penny at a time?
Well, here is
the power of a penny: if you started with a penny and doubled it
every day, after thirty days you would have $10,737,418.24. WOW!
This website will not show you how to do this, if you ever find a way be
sure and let me know. This website will show you real
life examples that can lead you to financial freedom.
Are you ready to gain control of your money?
The testimonials on this website are given from someone who is in a
financial situation much more challenging than most, yet still in
financial control. If these ideals work for
me they can work for anybody! This website is dedicated
to the
 memory of
Larry Burkett, a person who through his radio ministry had a
profound affect on the way I look at money from a Christian perspective.
Whether you manage your money good or bad is
entirely up to you.
Some people claim they don’t make enough income and blame their money problems on their income level. The fact is we should all manage our money appropriate to our financial situation; this is what
Dave Ramsey calls “Act your Wage”.
The basic concept of Real Life Money Management is that your lifestyle and behavior has as much to do with your financial success as does your knowledge of personal finance. This concept is applied with the Real Life Money Management's Guiding Principles.
What are my qualifications for operating this website?
Check out my About Me Page.
Why did I choose this website?
I want to show visitors how I succeed at managing my money in real life ways. These examples should at least get you thinking about your financial situation and how to improve your financial skills using real life strategies that are tried and true.
This website offers practical real life information as to how an average real life family manages their lifestyle to match their financial situation.
You will not find an exhaustive library with a lot of technical financial terms on this website. You will not find a lot of bells and whistles on this website just pure useful information.
What you will find are seven basic financial lifestyle guiding principles. These are based upon principles that are important aspects to successful financial management. These guiding principles will put you on the road to financial freedom no matter what your circumstance.
The simple thing about these seven basic financial lifestyle guiding principles is that you
are in 100% total control of them.
These Guiding Principles don't require you to be a financial expert.
These principles are 100% lifestyle. They can change your financial situation dramatically.
There are opportunities for you to join in on the discussion in certain areas of
this website.
I encourage our visitors to explore our pages and join in on the conversation. Please feel free to give back to your fellow visitors as much or more than you learn from the conversations on this site.
#1
Real Life Money
Management’s
Most Important Lesson About Money
Imagine that you had won the following prize in a contest:
Each
morning your bank would deposit $86,400.00 in your private account for your use.
However, this prize had rules, just as any game has certain rules.
The first set of rules would be :-
Everything that you didn’t spend during each day would be taken away from you.
You may not simply transfer money into some other account. You may only spend
it.
Each morning upon awakening, the bank opens your account with another $
86,400.00 for that day.
The second set of rules:
The bank can end the game without warning; at any time it can say, “It’s over,
the game is over!” It can close the account and you will not receive a new one.
What would you personally do?
You would buy anything and everything you wanted, right? Not only for yourself,
but for all people you love ? Even for people you don’t know, because you
couldn’t possibly spend it all on yourself, right?
You would try to spend every cent, and use it all, right?
ACTUALLY, THIS GAME IS REALITY!!
Each of us is in possession of such a “magical” bank....we just can’t seem to
see it.
THE MAGICAL BANK IS TIME!
Each awakening morning we receive 86,400 seconds as a gift of life,
and when we go to sleep at night, any remaining time is NOT credited to us.
What we haven’t lived up that day is forever lost....yesterday is forever
gone.!!
Each morning the account is refilled, but the bank can dissolve your account at
any time…….
WITHOUT WARNING. !!
WELL, what will you do with your 86,400
seconds? Aren’t they worth so much more than the same amount in dollars? Think
about that, and always think of this:-----Enjoy every second of your life,
because time races by so much quicker than you think.
So take care of yourself, and enjoy
life!
1.
The Teeter Totter Principle: How to balance managing your money and your lifestyle to live within your means.
2.
The Shepherd Principle: Budget your money so you know where it comes from and where it goes before it’s gone.
3.
The Ben Franklin Principle: A penny saved is a penny earned, and how saving on everyday expenses increases your ability for good money management.
4. The Joseph Principle:
Investing and saving today ensures financial security for tomorrow,
no matter what tomorrow brings.
5.
The Staying Afloat Principle: Managing debt wisely is your financial lifeboat that keeps you from swimming with the sharks.
4.
The Lifestyle Roadmap Principle: Your income determines the roadmap of your lifestyle, not an excuse for poor financial management.
7.
The Family Quiver Principle: Kids and money from an entirely different perspective, not what you think?
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