World Champion Again and Money

If you have been following my posts you will recall my comments on Valentino Rossi – well it’s been along time between drinks as they say [ in this case, between posts], but in case you have been hiberanting for a month or two, Valentino did in fact win the championship!

So he did find the best Valentino!

On more mundane matters, many of us will be searching for the best ‘me’ given the somewhat dire straits the global economy finds itself. And it is a repeat of previous times – those things called ‘cycles’. It seems we humans suffer from serious brain fade when it comes to ‘putting a little away for a rainy day’.

And the banks and finance companies who should know better, and the US automobile manufacturers who somehow could not see what was right in front of them – SUV’s may have been popular and profitable but no CEO seemed to have the guts to make sufficient provision for a cylcic change!

In the future it is conceivable that the US model will no longer be the one the world aspires to – time will tell as it always does.

At least the US electorate had the guts to vote for change!

So, how does this affect us as individuals?

In many cases many businesses that I talk to are doing just fine thanks – prudent management, great customer relationships and a realistic vision are ensuring that they remain liquid and viable. Chase a fat bonus in exchange for short term results and your company might not be around for too long!

Same goes for individuals – you can wait a little longer for that item – that way you don’t load up your credit card – do you know the fastest way to make money is to pay cash for everything. If you don’t have the cash with some to spare, then don’t buy until you have it [the cash].

In fact this is a great way to begin to change your way of being – often by waiting a little more you discover that may be you don’t need/want that item all that much. Most of us fill our lives up with ’stuff’ only to discover that really ’stuff’ does not change us or our circumstances much – unless of course you have loaded up your debt levels – for ’stuff’ – and can’t pay your bills.

There is a way around this…..  watch for the next posting!