Money Saving Lesson #7

~~ Mistake Number 7 ~~

SPENDING YOUR WAY INTO DEBT, looking for something that works

This is a BIGGIE.

A few years ago, I talked to a gentleman at a seminar who had been desperately trying to figure out how to make more money, working for himself.

He rattled off one money-making plan he’d purchased after another. He’d spent $500 here and $1,000 there. He was attending one high-priced seminar after another, costing up to $5,000 each and he still had not found something that really worked as promised.

But here’s the scary part, he was deeper in debt and worse off financially when I spoke to him … than he was when he first started looking for a way to make more money.

In fact, he was $90,000 in debt -- and he still buying more opportunities.

However, he was in “crisis mode” -- desperately trying to find something that worked, while trying to keep the credit card company away for just a few more weeks.

I’m sure you know this: He’s not alone.

I see this same story, time and time again.

Good people, who desperately want a real, honest, legitimate way to make more money, drain their bank accounts and put thousand of dollars on their credit cards -- buying every money-making opportunity that promises to make them rich.

The problem is: There are literally 1,000’s of people and companies promising that their opportunity is the best and will make you money.

This really does get my hackles up. I’m pretty easy going … and I rarely get angry … but I do get upset when I see hard-working people, who want to build a better life, getting “taken” for thousands…even tens of thousands of dollars, buying “junk” opportunities.

Just spending money buying money-making programs will NOT make you money, no matter what the gurus say.

The key is to wisely invest your money into ONE home-business that works -- and then continue investing your money in training, education and marketing to build that ONE home business up -- until it’s making you the income you want to make.

If you’re on the roller-coaster of buying one money-making program after another … digging yourself deeper and deeper into debt, here’s a fast cure:

Detox for 30 days.

For 30 days, stop spending money on new money-making opportunities.

Give your credit card a month to cool down.

During that time, start doing some reading and research -- and kook for ONE home-business that suit you.

Find something that gets you excited. Something that you’ll enjoy doing. Something that you’ll feel good about getting up and doing every day. Something you can be passionate about.

Then … once your “30-Day Detox” is over … invest a little money to start the ONE home-business you chose.

And do NOT let anyone confuse you with any new money-making programs that DO NOT apply to your current home-business.

Do the 30-Day Detox and I guarantee you’ll feel better about yourself and the directions that you’re headed in. Plus, after 30 days, you’ll have a great idea for a new home-business.

--- Stay tuned to the next blog in a few days .. or if your in a hurry and want to learn more -- (Click Here!) -- you can get to know the author, Jeff Gardner ... NOW!