One of the classic sermon I have ever heard, here was the note on his sermon :#1 IF YOU THINK IT’S IMPOSSIBLE, IT ISN’T
#2 IF YOU THINK YOU KNOW EVERYTHING, YOU DON’T
#2 IF YOU THINK YOU ARE ALONE, YOU’RE NOT
That’s the classic sermon! Your philosophy, whether it’s about economics, or marriage, or your guidance system about good health. It’s easy to get off track, and the sermon get us BACK ON TRACK, and hopefully we’re not too far of track so it doesn’t take too long to get back on track.
Now your philosophy about money, some of you mention the other day : "THE LOVE OF MONEY __ ?" What about money or success? It’s a good debate. IF YOU COULD DO BETTER SHOULD YOU?
You need to develop a financial statement. It is very simple. It’s a piece of paper on the line in the middle, and the left side and right side are your liability and asset. Key phrase : Take a picture of where you are : THE TRUTH. You don’t have to publish this in some local newspaper, this all private stuff. But you have you say “There is no use kidding myself, I got to take a picture where I am, I got to know how good it is, or how bad it is, how much I’m on the upside or how deep a hole I’m really in.”
I started this exercise program of coming up with my current net worth. See your liability and your asset. Your furniture? Or shoes maybe? It really soberly gave me a current picture of where I was, and guess I was unhappy.But here is the important about the truth, IT SET YOU FREE.
#1 Free to correct old error in judgment. Now where do you go from here, in putting together a financial statement, realizing exactly where we are, NO NONSENSE, THIS IS THE REAL DEAL, we don’t have to share it to others.
Now here’s what we need, perhaps A NEW PHILOSOPHY :
#1 Let me give you sort of the simple of the rich and the poor.
Here is the philosophy usually of the poor :
POOR PEOPLE SPEND THEIR MONEY AND INVEST WHAT’S LEFT (not much left)
Here is the philosophy usually of the rich :
THE RICH INVEST THEIR MONEY AND SPEND WHAT’S LEFT.
It’s just the little turn of semantics, it’s like the turn of the set of the sail, that takes you in a whole different direction.
Now here’s the key : THINK LIKE THE RICH : invest your money first than spend what’s left, don’t spend your money and invest what’s left. Now the whole key is lifestyle. THE MONEY IS ALWAYS THERE ! Either to spend or invest. The different in what you do with it is based on the philosophy NOT ECONOMY. Here’s the illustration : The book on how to get rich cost Rp 100.000 ; somebody said what for that book? Well it just only a bunch of coca-cola, and you want to spend the money on a few of coca-cola, and you either spend it to teach you how to get rich.EVERYBODY HAS THE MONEY, even the poorest of the poor, the key is how to spend it, what to spend it for, and how you spend it. First how you earn it is determined by your philosophy, second now you spend it is determined by your personal philosophy.
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