Let me tell you something. Most of the population of the world is worried about one thing - money. More correctly, they are worried about LACK of money.

Here is a simple formula:

Earn $100 and spend $101 and you are in trouble.

Earn $100 and spend $99 and you are not in trouble.

That $2 makes a world of difference.

The problem with most people is that they do not earn enough money to fund their lifestyle. That is a lifestyle fuelled by slick marketing campaigns that implore you to have now and pay later. The trouble comes when the credit period runs out and the mounting debt must be paid.

So many people waste money on take-away food, alcohol, cigarettes, snazzy-looking motor vehicles, the latest cell phones, (dare I say it? yes I will) drugs and sex. These are all the things that will make you poor and keep you poor. Indulging in any of these will almost certainly confine you to a life of lack. This is the miserable life of the poor money manager.

The wise money managers invest. They invest in property, property trusts, blue chip shares, quality assets, businesses and desirable collectable items. They always have money because their assets create money for them.

In summary, if you are forever exchanging your time for money you will never be wealthy. If you leverage your time and allow assets to create money you will become wealthy. Change your mindset and you will change your outcomes.

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To learn how to be a wise money manager click here. To find inspiration click here.