About a year ago I was sitting on less than $5,000 in my savings account and to some people that`s not that bad. I also owed over $2,000 to the credit card companies and $2,500 in student loans. I was only worth about $500 when you subtract my liabilities.
How Could This Be?
I have worked and busted my butt for 12 years and somehow the money I made was gone. It's called consumerism in my book. I liked the fancy Bulova watches, Jordan shoes, and Express clothing. I didn't need any of it. It took me a long time to wake the hell up. My experiences I write here are to explain how someone who came from nothing turned his life around. In just one year I was able to pay off those credit cards and I am now sitting on over $22,000 in multiple accounts. This is way better than $500 from where I am standing. The numbers are real and it wasn't hard to accomplish this goal. I am going to keep pushing forward and I want to prove to myself that $50,000 is not that hard to save. To some people that is a lot of money, including myself. I plan on explaining how I save the next $28,000 right here on my blog.
Invest, invest, and invest your money.
Make your money work for you. Work hard, play soft. Another words make your money and stop spending and start investing. In a year from now when I am sitting on $50,000 I will be much more confident and closer to being an entrepreneur. Think about it, I can start a business or buy investment properties with that to make even more money. Money is power. Knowledge is power to. Work hard and invest is my philosophy and it got me this far. The next 28K will be a piece of cake with a cheap bottle of champagne!