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Purpose Driven Money Management Program

Doreen Carter of the Wealth and Wisdom Resource Group gives motivation to develop constructive financial behaviors.

Americans are people of great hope. Our country was founded on a promise of a better place, liberty and a pursuit of happiness. For years this spirit has perpetuated our way of living. Now, that our lives are changing, the way we do business is changing, but we have not been willing to give up our conveniences. So, we look for alternative ways to finance our lifestyles.

The American people are taking the same approach the U.S. government has taken. The United States budget deficient is as large as the industry for financial services. The engine is rolling and no one knows how to shut it down or even desires to do so. I know personally, I keep thinking it's going to turn around; it's going to work out. I have one more move I can make. I can't fold up and give in. I must plunge forward.

We are people of great courage and perseverance. However, we must learn how to channel that energy into a positive space so that it will position us to realize our dreams and maximize our resources. One way to do this is by implementing a concept I teach, which is to "take the second thought." My high school chemistry teacher would say, "You have to tink about it." He was saying THINK, but it sounded like "tink." I did not get it then, but I do now. Every time I decide to make a purchase or spend money, I think about the effect it will have on other decisions I have previously made. I think about how this decision will affect my witness as a wealth creator. I think about how this expenditure will affect my ability to realize my dream. But in order to think about the cause and effect, you first must have thought about or considered a dream.

When I was a young girl, I often was asked what I wanted to be when I grew up. My friends and I used to pretend we were famous and rich. So, as an adult, it's natural for me to consider being wealthy and to even see myself rich. It was planted in my spirit from my youth.

My company, the Wealth and Wisdom Resource Group, starts with this premise: if you want to be rich you must do what rich people do. As I have studied the behavior of rich people, there is one common denominator: they all plan and budget. They set goals. What is a goal? A goal is something you see or set in your mind's eye in which you take steps to bring to reality. I had a goal or vision or a dream, whatever you want to call it, to automate the cash management system I created and have used for years to ensure that I paid my creditors on time. I set a date in which I wanted to accomplish it. I assembled a team of people that could help me. It took me two years and I had to change the date several times, but I never gave up. I've accomplished this goal. Now another goal is to sell it on the Internet. I had to assemble a new team. This time it was a different group of people. The need was different. I am now selling my software on the Internet. But what does this have to do with taking the second thought? A lot! I'm glad you asked.

Since I knew what I wanted to accomplish, I had to be conscience of how I spent money. I knew this project was going to need financing. What I did not know was the never ending road blocks that would persist along the way. But because I knew what I wanted and where I was going, people, things and situations lined up for me. I had to think twice whether or not I would make a new purchase. I had to think every time I went out to eat. I sacrificed not having personal things. I was able to do this because I had a predetermined goal in mind. My goal, or the benefits of the goal, far outweighed the temporary gratification I would feel by making a compulsive purchase.

What are you allowing to hinder you from realizing your dream? I challenge you today to keep a journal. Look at your spending patterns. What are you spending money on and why? Do this for about 30 days. Also, during these next 30 days, think about the things that you always thought you would be when you grew up. Begin to dream again, put action to your steps and be who you are. You are great! You are powerful. You are the answer to the question that many are waiting for.

The United States Government has thousands of people working on the budget, looking at ways to adjust and balance it. Your budget deficit may not be in the billions, but you may have a deficit. One way to balance the budget is to slow the engine down, discipline yourself and focus on your goals. You have the power within you to do it. Now go. Live. Free Yourself!

Doreen Carter
CEO and Financial Educator
Wealth & Wisdom Resource Group, LLC

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