Saturday, September 11, 2010

Steven R. Covey Recommends The 4 Laws of Financial Prosperity

With millions of people looking for a better way to achieve prosperity and financial wellness, The 4 Laws of Financial Prosperity" audio series provides some simple and effective principles.  It is recommended by Stephen R. Covey, author of the international best seller, The 7 Habits of highly Effective People.

As I listened to the first disc, I realized that the principles not only involve our financial wellbeing, but can be applied to every aspect of our lives, including the building of a strong business.  In my case, this is with Usana Health Sciences.

The first disc gives us hope that financial wellness and being debt-free is achievable.   And it doesn't come by working longer and harder.  Whew!   That's a relief.

Let me summarize a few of the key points I gleaned:

1.  Track your money.  Record your daily expenses for a month, including every penny spent and earned.  Write it all down.  This focus makes decisions easier.

The concept is that if you can't measure it, you can't manage it.  Your progress is directly related to your ability to measure.

2.  Set targets and goals.  A goal that is not written down is just a wish.  Help your internal computer know your high priority targets and review them when you rise and before going to sleep.

Goals must be written, with sub targets and they must be your own, not something someone else sets for you.  Make them positive to win.

Goals must be measureable and specific.  e.g. How much?  How many?  By when....there must be a written deadline.

This is the foundation.  I'll cover the two principles from the second disc next time.

For now, take time to assess your finances and your business goals.  Write them out in measureable and time-specific increments.  Start keeping track of your expenditures and your actions to achieve greater prosperity.   We're promised that Financial Prosperity is achievable when the principles are diligently applied.

Deanna Waters   1-888-320-8250
Questions?  What do you think?  I'd love to hear from you.

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