Why Is Your Bank Account Always at $1,000?
For some reason, I was comfortable when I saw $1,000 in my bank account.
I used to think that $1,000 kept me rich enough to feel confident. I would strut my 'stuff' and a week later I was back where I was--with only a couple hundred bucks in my account--AGAIN.
Then I would work another week or two to get to the $1,000 threshold.
It happened again and again for a decade.
Often times, many of my audience members pull me aside and ask me how to make more money. I tell them simply, "You don't have to MAKE MONEY. Money is already made, you just have to earn it."
I came a long way when it came to understanding money. Let's just say that I had too much month at the end of the money. It was utterly frustrating and quite debilitating.
Then I realized that most of the working class was the same way, even if they earned 6-figures. Don't get me wrong, some people know how to save money and have more than $1,000 in their accounts, but most people don't.
It doesn't take a genius to discover that $1,000 doesn't go far. For many, a car payment, car insurance, groceries, and tank of gas will take your grand in an instant!
Why only $1,000?
But why is it always the same amount? Why $1,000?
Most people are attracted to the 'comma'.
They think that a comma makes a huge difference in their lives. Others think two commas would be better.
However, when most people say that they want to be a millionaire, what they're usually saying is that they want to spend one million dollars.
They aren't really serious when it comes into extracting the money, otherwise they'd be in a different predicament.
Going back to my point, the 'comma' is an illness for many because it doesn't allow them to think about adding another '0' to the end of their accounts.
For instance, most people who only keep $1,000 are more comfortable with keeping it they way instead of thinking of how they can have $10,000, which almost seems to be impossible.
Because $10,000 seems so high, they tend to just settle for $1,000.
Saving money is one thing, but having a money mindset is another.
Cultivating a money mindset takes time and it cannot be done alone. It requires responsibility and accountability. Most of all, it requires a deep belief that it can be done.
What Can You Do?
Think about the ways that you've been thinking about money. Ask yourself, 'How can I earn more money?' or 'What does the world ask of me that no one else can give?' instead of 'What's holding me back?', 'Why can't I get more money?' or 'Why am I always broke?' Questions are crucial.
Another key to creating wealth is honesty. I found a great many people lying about their financial circumstances because of their EGO. They want to seem bigger, so they falsify the truth to others (and themselves) and get caught up in their own games, which was originally predicated on lies. Money hates liars!
Other's have this delirious deception where they think that they can reach ridiculous goals in unrealistic time-frames. For instance, a silly man told me that he wanted to earn $100,000,000 by the end of this year. He earns only $50,000 per year.
5 Quick Tips (Only for the Serious)
1. Talk to Your Spouse About Money: Get on your knees if you have to.
2. Check Your Account Everyday: The bank app should be on your phone.
3. Track Your Expenses: Write your daily expenditures in a notebook.
4. Earn More Money: Start a business or get into sales.
5. Hire a Money Coach: Give me the $1,000 and I'll help you double it.
In Summary:
There's a lot of reasons why your bank account is the way it is. If you don't like it, make a change. Read a dozen books on the subjects and you'll beat $1,000; Read one hundred books on the subjects and you may reach $10,000. Getting someone to help you make it happen? Priceless.
What are you waiting for?
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Daniel Ally
www.danielally.com
