Saturday, June 27, 2015

MONEY! The Great Equalizer! PART II

This is a continuation of yesterday's introduction to my blog.  Didn't intend for it to be this long, but I wanted to set it up for you to understand that this a sharing blog.  I hope to foster a community where we can wealth build together. Here is the continuation of yesterday's discussion:

: to continue from yesterday, it was then that I realized that wealth building is not about getting more money.  At least, not alone. It's about changing your mindset.  It's about knowing without a doubt that you deserve to have more money.  An abundance of money.  I guess I've been living in survival mode for so long, almost 30 years, that I was in a survival mindset .  When I was in my 20s I had an abundance of money, when I hit age 35, and life happened (you know, bills, car and house repairs, kids needing clothes and school supplies and not to mention the emergencies that inevitably pop up). 


It got harder to save, or I should say that saving was no longer my priority and it didn't help that my husband didn't have a saving ethic either.  When we met and I had a car, apartment, and lots of money in the bank, he just thought I was from a wealthy family (not that I saved the money on my own).  

If I was going to accumulate any wealth at all I had allot of mental recondition to do.  From late 2012 - mid 2014, I passionately studied wealth and talked with some wonderful people who have made millions, lost it and in some cases, made it back again, and at least one of them that could have made his millions back, but he was afflicted with health problems. 

These are some of the stories I'll share with you in this blog.  I'll share what I learned and what I'm doing now to change my mindset.  This is something that anyone can do. 

I've looked online for a wealth building blog but the ones I found are written by people writing from a high point, looking down at the poor people (like me and perhaps you) who haven't figured it out yet.  I'd like to dispel some of those  myths.  I'm finding out that it's not as easy as the, "do this, or do that and you can make money like I do" attitude.  

If it were that simple,  everyone would be wealthy.  Most of us, if we're not in control of our wealth it's because our mindset is not conditioned for acquiring wealth.  I've heard it all.  I've gone to the wealth seminars and listened to Trump and Tony Robbins, and others speak, and interviewed other millionaires while taking them to lunch.  Right now, I'm living in a community where I'm renting, but the community has many millionaires.  I'll tell you how I did that too. But, if you want to jump ahead, you can go to my other blog called Global Community Park at www.globalcommunitypark.blogspot.com.  

Now, I don't claim to have expertise but I have 15 years of gaining knowledge and experience, and I'm working through my mental trappings of poverty and my spirit of solely surviving.  I'm on my way to soaring and thriving and I'll share how I'm doing that.  

My blog won't replace the money blogs of the many gurus out there but, it'll give a beginner, like me, someone they may be able to identify with.  I'll share what I've learned in the passed 10-15 years about wealth building and the mental reconditioning I needed to adopt for myself to get here, and at times, still needing a push to get to where I'm taking action.

Anyway, this blog is getting long, too long.  I hope you come on this journey with me.  I'm on the cusp of achieving my goal. 

How about you? Are you right where you know you should be, but suffer from a failure to launch? Are you in procrastination city?  Traveling on the dragging your feet freeway?  Let's move onto the next plateau together.  I'm writing this blog for both of us. We CAN do this!  Come back Soon!

Don't hesitate to comment, make suggestions!  


ALWAYS REACH FOR THE MOON BECAUSE EVEN IF YOU MISS, YOU'LL LAND AMONG THE STARS!!

MONEY is the Great Equalizer!

I'd like to introduce you to my blog.  It's about money. But, it's not what you may be thinking.  This is a blog about a person (me) who is just figuring out at the age of 57, how to accept money into my life (or rather, an abundance of money).

On the one hand I'm embarrassed to admit that. But on the other hand, I know people older than I, who have never gotten to this point and probably never will.

I've always been around people who have had money, lots of it, so I never knew how hard it was to get, to invest and then to grow and keep it.  I've come into large sums of money 3 times in my lifetime. Once at age 19, then 25, and the last time at age 40.  Most people will NEVER come into a lump sum of money in their whole life.  But I have, 3 times and yet I'm still without abundant money.

Well, ten years ago at age 47, I decided I would give myself 10 years to get wealthy.  Here I am at 57 and still not there.  But those ten years were not wasted, I started putting a plan into action.  I went to college and studied business and finance. Then, I decided that when my kids graduated from college and high school in 2008, I would move to an area where I could save money, where the cost of living was lower than where I was living which was San Diego, California.  I chose Vermont because I'd lived there before and loved it and I knew the cost of living was low.

I moved there, got a job and an apartment and started saving money right away.  After a year of work I had almost saved enough to open a small trinket shop and got the balance of the cash I needed by liquidating some stocks I had, I opened the souvenir shop and was written up in their towns newspaper as the first African-American to own a shop on Main Street. The experience, although a good one, was not profitable.  It taught be that I would NEVER want to own a brick and mortar shop again.

On days when we were snowed in and had no customer's it was torture! Just being in the store with no customers to wait on was depressing.  Then, in the non-snow month's, which we only had 4 months without snow for 2 of the 3 years I was there and 6 months out of 12 the 3rd year, there was major competition because all the stores were making up for the lost money in during the winter months.   It was so cold and snowy that I started getting health problems.  Found out later that I had arthritis.

But I digress, I got more curious about how this money thing works.  I decided to return to California mainly due to my health issues and my kids also wanted to come back.  Since returning in 2011, I've been studying and trying to acquire the wealth of say 10 - 20,000 USD a month.  Not allot, just enough to be comfortable, at least for now.

Once again I found a job at a shopping mall, saved money while we stayed with a friend and then moved into a small place and paid 800 USD (in California, that's a good price for rent).  While there, I tried again to wealth build.

Tomorrow, I'll tell you what happened next. This is becoming a long read. I;m anxious for us to go on this journey together.  Tomorrow, after my blog introduction post part 2, I'll share with you, my plan.

But for now, I'll end here.  You can continue reading the next post or  read part 2 when  you return tomorrow.

 Please comment and make suggestions.  Follow the blog and sign up for emails and remember to:

ALWAYS REACH FOR THE MOON BECAUSE, EVEN IF YOU FALL, YOU'LL LAND AMONG THE STARS!!!