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Money is Power

August 12, 2010|By David Lester

I like to think of money as a powerful tool that can help me do and buy all the things that I want. To provide for me freedom to travel, achievement when I get better as a rider, fun when I have amazing dinners wtih great friends and family. All the things that make me truly happy. It can also give you personal power.

The most sensitive subject that my clients are hesitant to talk about is credit card debt. It is amazing to see how far people will go to not have to talk about it. If you do have credit card debt and it is that thing that you cringe about when you think of the 18% interest accruing each month – imagine all of the relief and even power you would gain back when the cards were paid off. Think what effect the cards have over you right now and how it would all come flowing back when the debt was gone. What a release that would be!

Power also comes from having a whack of cash in your account. Knowing that you could use the money to travel or support your self if you lost your job. The money could really help someone out if they needed the money or get you our of a bad relationship if you were in one. Build up a large amount of cash and see how you start to feel. Knowing how all of the cash gives you options. And those options are a source of power.

Harness the power of the almighty buck and live your best life!

Dave

David Lester
About David Lester

David Lester is a best selling author and professional Financial Coach, helping people be better with their money. David has written a personal finance book that breaks with traditional attitudes towards finance and describes his own philosophy to money that he has gained through his personal and professional experiences. His philosophy on money applies to many areas of everyday life, including banking, investing, goal setting, shopping and entertainment.