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Wealth File #14 Rich people manage their money well. Poor people mismanage their money well.

Wealthy people are not any smarter than poor people; They just have different and more supportive money habits.

The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: To master money, you must manage money.

Poor people either mismanage their money or they avoid the subject of money altogether. Many people don't like to manage their moeny because, first, they say it restricts their freedom, and second, they say they don't have enough money to manage.

As for the first excuse, managing money does not restrict your freedom to the contrary, it promotes it. Managing your money allows you to eventually create financial freedom so that you never have to work again.

As for those who use the "I don't have enough money to manage" rationale, they're looking through the wrong end of the scope. Rather than say "when I have plenty of money, I'll begin to manage it," the reality is "when I begin to manage it, I'll have plenty of money? First you start properly handling the money you have, then you'll have more money to handle.

We live in a kind and loving universe, and the rule is "Until you show you can handle what you've got, you won't get anymore!"

You must acquire the habits and skills of managing a small amount of money before you can have a large amount. Remember, we are creatures of habit, and therefore the habit of managing your money is more important than the amount.

It comes down to this: either you control money, or it will control you. To control money, you must manage it.

Declarations: "I am an excellent money manager."
Touch your head and say.. "I have a millionaire mind!"

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