Monday, May 28, 2012

Money Pros And Cons ? Personal Finance Basics | personal finance ...

Money Pros and Cons ? Personal Finance Basics

Is money good or is it bad? Depending on what way you look at it, cash can be good but it can be a bad thing as well. Money is good because it creates the opportunity for any type of lifestyle you desire. It can fund your dreams like going on vacation or could allow you to retire early. Cash provides the ability to have a family, live in the neighborhood you want and allows to you to do anything you can imagine. Smart money management is the easiest form of personal finance basics.

The down side to money is if you live for it. By slaving away at a job that you don?t enjoy to earn money makes it bad. Money misguides people enough to become workaholics and desert their friends and family.

Without question cash does have more good aspects than bad. Unfortunately the bad things related to money are often linked with misuse or greed.

What is Money to you?

Is earning boat loads of money to live anyway you want important to you or would you like to work just enough so you can kick back and enjoy a modest lifestyle. The options are easy with hardly any grey area and we all make that choice when dealing with the personal finance basics in our lives.

If you feel that working 60 hours every week so you can boot around in an expensive vehicle and live in a 3500 square foot home is the way you enjoy living then good for you. Sadly, I believe|in my opinion} you are a slave to money if you must work that much to own an expensive car and oversized home.

On the other side of the scale if you only desire all play and zero responsibility then you are a slave to yourself. Cash probably has little value to you and you make just enough to get by. Is that bad? Who am I to say.

I believe there is a happy medium when it comes to money. It?s possible to get all of the pros and none of the cons. Hard work is incredibly important but it?s good to know that you should not work for money. The more you understand personal finance basics, the more it will start to give back to you and the less likely you will be it?s slave.

The best advice I can give is to find an occupation that you truly enjoy and would love to do for free anyway. If you?re unhappy at your job its likely because you only see the how much you make at your job. The way to make money a good thing in your life is to alter the way you think and love where you are. The great thing is, the more passion you put into everything in your life, the more the money will actually flow in. In short you will work less and make more.

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About the Author

You can pay off your debts and save money at the same time! Say goodbye to your boss forever! A blog that will show you the secrets of the wealthy: http://www.howtomanagemoneytips.com

Get a free budget sheet, net worth calculator, tools and more: http://www.howtomanagemoneytips.com/ebook2.html

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