Before going anywhere in the money discussion, one must be able to save. Some of the discussion on this site talks about things from a larger point of view, a view where all of these basic concepts are already assumed and covered. It is similar to talking about the philosophy of great novelists and writing techniques with the assumption that people know how to read, or at the very least the alphabet.
But to take a step back, let’s assume some people aren’t quite to the discussion of whether or not money is real, how we are (or not) controlled by the corporate/governmental pact, and what our societal (at least in industrialized nations) addiciton to the system including money is all about.
To get started on this discussion, many people first have to recognize in their own lives that money is “important”. Without necessarily knowing why, people may intuitively understand this. After this vague idea, these people may start to think about saving their money to at least have some comfort in not having to go to a payday loan place or pawn the family heirlooms.
These basic concepts, like the ABCs, are for people just starting down this journey of becoming fruitful individuals. A great article on this talks about the common wisdom of having 3 to 6 months’ worth of savings reserve, but for many people who have never learned these secrets that is like asking an illiterate person to write a bestseller. Instead, it suggests that people work to save $500. Most people have this ability and it is a clear, concrete number to work towards.
From there, many people become excited by the idea that they have the power to do this and start saving even more. This could be seen as moving from the alphabet concepts to incorporating them into words, sentences, paragraphs and soon into fully-formed expressions and analyses of various lenghths.
Or to use another metaphor, being able to save is the foundation upon which you can build your house. You can trust yourself not to spend your own money, and this feels good. You have trained yourself to move to the next level.
Like any kind of habit, becoming financially sound starts with learning and doing some new behavior. Savings is just the first step. With enough practice, it will become like second nature and you will be able to analyze, critique and put into action the larger concepts that work to address your individual needs to become more fufilled not only financially but in your life as a whole .
Not too sure how I found this blog but glad I did find it. Think I was looking for something else on yahoo. Not sure I agree 100% with what you say, but have bookmaked and will pop back to read to see if you add any more posts. Keep up the good work.
That was a different thought track. I admire your finesse that you put into your writing . Please do move forward with more similar to this.
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