Cutting Back Will Set You Back
by Grant Cardone
You can't go backwards and expect to get ahead! Even with an economy that is contracting you have to move forward in order to advance! It is impossible to advance your household finances or your company only by cutting back (saving). It is a mistake for people to believe that their financial condition will improve by reduced spending.
With all the bad news and Suze Orman-type advice suggesting you "save every penny you can gather," Americans are being made to believe that their financial survival is based only on saving. For the first two months of 2009 the savings rate in this country went from under 1% to almost 6%, and yet Americans still have less! Your financial survival depends on a combination of both producing income and a savings plan -- not one or the other.
Once you get tired of listening to all the bad news and finally get focused on what you can do, then you will start to create real solutions for your financial situation.
Feeling sorry for yourself if you just lost your job won't get you a job. Crying about your investments going down in value won't change the value of those investments. Blaming either side of the political parties will not change your economic condition and waiting for the government to give you a tax break of $70 dollars a month will not solve your problems.
Sincerely,
Grant Cardone
Author of "Sell to Survive"
Tel: 800-368-5771
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