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Anybody here who is financially successful? Can you give me a tip on where to start?

I am hardworking, average thinking person. I like to listen to motivational tapes, to help me out, but so far nothing helped me. Maybe your tips will help me.

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7 Answers to "Anybody here who is financially successful? Can you give me a tip on where to start?"

  1. whowasthatmaskedman - 56-60 years old - male

    Posted by whowasthatmaskedman May 25th, 2012 at 11:35AM

    OK. I'll admit to having "enough".
    And I'll give you a short list of boring tips, because thats where the gold is.
    Make a written budget and stick to it.
    Put 10% of whatever you earn away every pay, in the highest safe account you can.
    Form habits that work for you are stick to them. (I still throw all my high value coins in a big vase at home and empty it when it gets full, which covers air fares and change for a holiday)
    Dont buy things for status. An old car that is reliable is much better than a new car you owe on. (better for the environment to, since it isnt being made again. Its already here.)
    Pay cash, and NEVER use credit to buy a depreciating asset, like a car. (store credit will KILL you)
    Take the time to haggle if possible. It can take you days to earn the money you can save in 30 seconds of asking "Whats your best cash price if I buy today?"
    And finally , if you want investmant advice, read Warren Buffett and follow his rules ALWAYS.

    Like (3)

  2. growwhereyouglow - 36-40 years old - female

    Reply by growwhereyouglow May 25th, 2012 at 11:40AM

    GREAT advice!

    Like (1)

  3. joyfulsweet - 36-40 years old - female

    Reply by joyfulsweet May 25th, 2012 at 8:58PM

    thank you :)

    Like (1)

  4. time4xyng - 41-45 years old - female

    Posted by time4xyng May 27th, 2012 at 2:18PM

    I have the perfect business for you to look into. Email me at:
    time4xyng@yahoo.com

    Arsenia

    Like (2)

  5. twig77 - 36-40 years old - male

    Posted by twig77 May 27th, 2012 at 9:35AM

    marry well!

    Like (2)

  6. saris1 - 22-25 years old

    Posted by saris1 May 25th, 2012 at 1:46PM

    Save! I cannot stress this enough.

    Do not use credit as a toy to buy toys, use credit wisely and rarely.

    Be frugal with dress and food.

    And always look for ways you can make a little extra income.

    Don't be scared to take risks, you might lose 500 bucks on your small part time business but on the other hand you could strike it rich (enough so you can work for yourself! :) )

    Like (2)

  7. joyfulsweet - 36-40 years old - female

    Reply by joyfulsweet May 25th, 2012 at 8:59PM

    thank you :)

    Like (1)

  8. hmorel67 - 18-21 years old - male

    Posted by hmorel67 May 25th, 2012 at 1:17PM

    start a business or go into real estate...being a stockbroker, also help...think it and you will become it

    Like (2)

  9. joyfulsweet - 36-40 years old - female

    Reply by joyfulsweet May 25th, 2012 at 8:59PM

    thank you :)

    Like (1)

  10. growwhereyouglow - 36-40 years old - female

    Posted by growwhereyouglow May 25th, 2012 at 11:34AM

    Financial advisers come in all forms and have various skill-sets to help you better access what your financial goals are. Is it saving for retirement, starting a basic money market account, building a beginner's stock portfolio or turning over investments into a more diversified portfolio? If I were you, perhaps a friend or two already has one and you could see what they have to say about it. Or you could start by seeking them out and having a few consultations...this way you can pick which one best suits you. Just by setting up a meeting can get your thoughts on ideas and goals and what you would like. Have a list of things to discuss, questions to ask and goals written out so they can better analyze your needs and make suggestions.

    Like (2)

  11. joyfulsweet - 36-40 years old - female

    Reply by joyfulsweet May 25th, 2012 at 9:00PM

    thank you :)

    Like (1)

  12. hellfromabove - 56-60 years old - male

    Posted by hellfromabove May 25th, 2012 at 11:29AM

    Start at the bottom,work your *** off,be happy. It will come to you

    Like (2)

  13. joyfulsweet - 36-40 years old - female

    Reply by joyfulsweet May 25th, 2012 at 9:01PM

    thank you :)

    Like (1)

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