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Without a balance sheet, there is no money to be found

ⓘ This post has been automatically translated from Spanish using DeepL API.

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Let’s talk about your finances for a moment. Are they in balance or out of balance? Are you paying more to your credit card issuer than you’d like? Do you want to buy a house but don’t know how? Is your first car capital in times of low income? Being there. Done that. It’s a very difficult balancing point.

Perhaps this short message from Credomatic sums it up best.

When it comes to money, there are two types of people. Those who earn from the banks, and those who pay the banks. And although it seems like there are no options, you can choose which side to live on. The reality is that it’s not about what we earn, it’s about what we spend. At the end of every conversation about money,? a lot of money is always twice what we have. #crudareality

screen-shot-2011-10-03-at-11-01-00-pm-270x140-5018053I was talking a few days ago with senior staff at a university, and we were commenting on the importance of teaching people about money. Often, dentistry, advertising or psychology majors, to name just three, go through their curriculum without ever talking about how to manage money, without guidance, advice or mentoring for the financial future.

Whether you’re a creative, designer or psychiatrist, whether you’re a Flash geek or a digital animator, we’re all going to have to deal with, or are already dealing with, money. So why do we spend so little time understanding it? It’s like learning to ride a bike or swim. It’s a good idea to learn how to handle money, and hopefully, even how to swim in it.

screen-shot-2011-10-03-at-11-00-28-pm-270x135-3455637There are many people who live by spending more than they earn, only to find out the hard way that this is only possible for a very short time. There are not few people who embark on large debts, be it a credit card or a mortgage, a pawn loan or a loan with a finance company. There is also a minority who decide to turn the usual order around, and instead of saving what they have left, they spend what they have left. These people usually give a percentage first to a charity, church or cause, save another percentage and then live on what is left over.

Now, if you didn’t go for a career that teaches about money, what to do? Maybe you’re like me who doesn’t like numbers and feel that the subject doesn’t suit you. If so, what is a good first step to learn? If you went to college and studied finance, Balanced presents an approach you can’t afford to miss.

screen-shot-2011-10-03-at-11-03-43-pm-150x150-6179047If I had a better option available in Spanish, I wouldn’t hesitate to pass it on to you. However, the best one I have found is in English. A thousand apologies. However, while I add a couple more ideas, if English is among your advantages, I invite you to set aside 6 45 minute batches to watch BALANCED online, brought with the influence of the Openhouse Project to Costa Rica.

The first section of Balanced is called Opening the books. It then continues with Reading the fine print, followed by Back in the Black. When you start the second part of the messages, you will find Creating the new line item, followed by Managing your expenses and finally Developing a plan. Short versions of these messages are available on Youtube here. However, the topic is so important that I would insist on the full message.

screen-shot-2011-10-03-at-11-00-22-pm-270x134-4892140The speaker is Andy Stanley, the basis of his message is common sense, what God has to say about money and practical advice to achieve a balanced life, which means a life of financial freedom. Balanced is my best advice. Your life could be before and after Balanced. And then tell me about it. The message is practical, relevant and transformational.

However, there is another option in Spanish and online that you should check out if you are interested in the subject. It is the book Padre Rico Padre Pobre (Rich Dad Poor Dad), sold in all bookstores. It is for everyone and no one should miss it. Here is an excerpt in audio-book format:

There are about 9 segments of this series on Youtube, and it is worth watching them all. Then, it wouldn’t hurt to take advantage of the videos dubbed into Spanish and presented by the author, Robert Kiyosaki. This is the first one:

Last, and not least, but what is best designed for us in Costa Rica, I recommend you go one by one through the dozens of tips published by BAC / Credomatic, in an unprecedented effort among market competitors. As national leaders they have made their contribution with key messages.

Here are some of them. On Youtube are all the others. They are very good.

If you are among the many who need to learn about money, if English is not a barrier for you, lucky you, go for BALANCED now. You have nothing to lose and a lot to gain. Low risk and high possible returns, making it a winning investment. Then the perspective of “Rich Dad Poor Dad”, and then follow each and every one of Credomatic’s messages.

Want more? Follow this Link to Credomatic that responsibly advises with simple and effective messages.

With money there is a reality. It is a pool where we are going to swim, whatever our trade or profession. For this, we better learn!

People who are integrally balanced in their lives, not only from a financial perspective, have a very good chance of greater success. On the contrary, without balance there is no money to be made. And no life can endure.

If all this results in some valuable learning, don’t hesitate to tell us about it. We have decided to be the most influential group in Central America, and for this, here is a fundamental contribution.

I hope it adds some value, idea or contribution!

Hugs!

ⓘ This post has been automatically translated from Spanish using DeepL API.

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