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You can’t save your way to prosperity

By July 20, 2011 One Comment

 

How much money can you save by reducing expenses? The answer is simple: you can only save as much as you’re spending.

OK, now for the flip side. How much money can you earn? An unlimited amount. You can work harder, come up with new ideas and try new things.

For instance if you stop advertising are you saving money? Maybe, maybe not. If the ad was bringing you in more than it was costing you then you’re losing money if you stop. Of course the key question is whether you really know if the ad is working.

What does it cost you to make more money? Your ideas? Your money? Your time?

You can’t save your way to prosperity. It’s a losing proposition. The amount of money you can save is not only limited, it’s way less than you can earn… if you’re willing to invest in your own success.

So, do you invest your time focusing on reducing your expenses or on earning more money? I see too many people who watch their pennies so closely they miss the opportunities to earn dollars. They either don’t allow themselves to see those opportunities… or they just choose to ignore them because of the cost.

I’m choosing to find the opportunities in life. Who wants to join me?


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