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5 Tips for Successful Money Management

Are you ready to get on track to Health, Wealth and Well-being and access your abundance? The first step is to understand that there are three basic ways to make money: you can trade your time for money (it's called a job), invest your money, or leverage yourself (build a business). If prosperity is what you are after, here are 25 tips to get you started.

1. Understand What Money Is - There is no magic to money. Money is just another form of energy. There is an abundance of money and it can be created out of your speaking.

2. Know What You Want - Be clear about what you want. Money is just a means to getting what you want. The clearer you are about what you want, the greater the likelihood of it showing up in your life. Be sure that what you want also serves to provide value to others.

3. Stop Procrastinating - Procrastination is the number one reason people fail and time is your greatest ally or your worst foe. Get into action toward creating what it is you want by taking one step each day.

4. Save a Little From Everything You Earn - If you start early and you save a little from everything you earn, you will take advantage of the power of both time and compounding to reach your goals. It takes less money to reach your goal if you have time on your side.

5. Buy Low and Sell High - Look for bargains in the things you invest in and don't be afraid to sell something that has lost value. Hanging onto an investment that has lost value because you hope it will come back up may keep you from investing in something else that may gain value much more quickly.

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