by Joe Kirkpatrick
Financial success is not rocket science. I'm not saying it is easy to achieve, but I am saying most people can have it if they plan properly. "Plan" being the keyword.
Sure, there are some people who just hit the "right idea" and become filthy rich over night, but they are the exception. Don't "plan" to be like them - because if you don't hit the right idea at the right time, it just isn't going to happen.
View your financial future like a football game. When Phil Fulmer sends the Vols into a game, do you think he just says "go out there and do whatever you want to?" Welllll, maybe that's what he did in the Peach Bowl game, but we won't go there! I can assure you before every game, the coaching staff has assessed the opponent and come up with a game plan. That is exactly how you must approach your financial future.
Very few people get long term financial stability with their job. Eighty percent of all adult Americans DO NOT have $1000 in some sort of savings account. That means 80% of Americans live week to week, or month to month. These people basically spend everything they make between pay days, with nothing put back for the proverbial "rainy day." What happens if they have a "rainy day?" They borrow money to cover it, the most popular way by getting an advance on their credit card, or a check advance "pay day" loan. This, of course, is the most expensive way to borrow money.
Okay, you've maxed out the credit cards and there is no better paying job in your immediate future, so how will you ever have a chance of financial