Financial Investing Radio

FIR 79: Put the MONEY Here...or Put it There??

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Sinopsis

There was a skit one time on Saturday Night Live, many years ago, where they had the "Change Bank". The bank would you give you the exact change for your currency. So if you brought in a $20 they would give you two $10s and so on. Their gig was that they would make money on volume. The real objective to accumulating money is to get it to work for you...so you can use it and your time to benefit others. I saw a recent video from Grant Cardone where he was talking about allocating 40% of your money for savings. Most people you hear talk about saving 10%, but he was advocating 40%. What I liked about his comments is that he demonstrated a discipline with his money to achieve a higher objective. https://www.youtube.com/watch?v=Iq4qASI1Fok But he started first with having a goal to work toward; which gave purpose to the effort of managing the money. When you get to a point where you can invest in something; it becomes critical to be able to make a correct choice. It is critical to have a list of items you look for