Thursday, October 20, 2011

This is a Marathon

I mentioned briefly before how this plan to be a millionaire was long term and not a get rich quick scheme. Proverbs 20:21 says, "Getting rich quick may turn out to be a curse." (CEV) It is going to take many years of hard work and even more after that to continue to stay smart with money. As you can tell I haven't been posting as much this week as I did in the previous two. This is because things have gotten busy here at school and I haven't thought of anything urgent to blog about.

Then I read a newsletter today from "The Great Recovery" about how money is like baseball. In the newsletter it says, "Like baseball, winning with money is about making good decisions over time--not necessarily making a few big plays or trying to 'get rich quick.'" There is no doubt that homeruns are exciting and morale boosting but winning can occur without them if you play consistently good baseball. This parallels greatly to our lives with money. Every now and then we will hit those homeruns like getting a huge bonus, signing up a big new client or getting a promotion. These will make us more money but winning occurs if we consistently make good decisions with our money.

The newsletter also looks at sacrificing in baseball, you don't always go for the homerun. Sometimes good hitters will lay down a bunt in order to advance a runner, this is called a sacrifice, these plays can make the difference between winning and losing. Again, it's the little things and although I may not blog everyday with an 'urgent' message, know that I am doing the little things to win with money and every now and then I will share these with you. I will also share big things too when they come up but remember this is a marathon, let's take it slow and steady so we don't pass out along the way.

--A Future Millionaire

P.S. - I would suggest checking out "The Great Recovery" by clicking here. There are great materials there to learn how to stay smart with money.

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