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More Money Doesn’t Solve Anything

by Don Current on August 2, 2010

Falling Money

Photo courtesy stuant63

Have you ever wished you had just a little more money, then you could make ends meet? Well, I hate to tell you this, but you’re wrong. Most likely, it’s not more money that you need. What you need is to know how to best use what you have. Once you have that figured out, there’s a good chance the “more money” will actually come.

Don’t believe me? Just take a look at the number of destitute “superstars” there are in the media and tabloids. It doesn’t matter how much money you make if you don’t manage it wisely. Just take a look at this article about NFL rookies for an example. The average NFL career is only 3 1/2 years. During that time though, they’ll make over a million dollars. The article states though that “according to a Sports Illustrated report published last year, 78% of NFL players will become bankrupt, divorced or unemployed within two years of retirement.” Why is that? They don’t know how to manage they’re money.

My advice to you is to first learn how to manage what you have wisely. Once you’ve got a decent handle on that, then go after ways to increase the amount. Your money will go a lot further and last a lot longer by taking things in that order.

  • http://pechmanncoaching.wordpress.com gpechmann

    Exactly right Don.
    Lets also add to the mix how many people win the lottery , only to file bankruptcy a few years later…

    • http://currentfinances.wordpress.com currentfinances

      Absolutely! It seems the quickest way to the poorhouse is through a sudden increase in fortune! Learn how to manage the money you have, and you’ll be ready to take advantage of that sudden fortune and put it to work for you!