Pay Yourself first and Grow Your Money

by inspire on June 12, 2008

Grow your money

Back in January I saw one of the speakers from the Secret was coming to Ireland, a Dr John De Martini. I was half interested so I booked in for a breakfast briefing. I nearly didn’t go as I felt I’ve seen so many speakers, read so many books, etc, in fact I asked my wife did she want to go instead! She didn’t. So I went. I was very glad I did.

One of the messages I got from that morning related to money. John spoke about how he would pay everyone else first before he’d pay himself. If business wasent good that month he wouldn’t get paid at all! What sort of message is this giving to ourselves and the universe? What value are we putting on ourselves and our work if we pay ourselves last? 

John decided to pay himself first by setting up a savings account and putting away $100 each month. He even wondered would he be able to afford $100! After a couple of months he realised it was quite easy and wondered why dont I increase the amount every quarter by 10%? So he did and he’s been doing it ever since (I think about 20/30 years). I dont know how much he now saves every month but I’m sure its very substantial and he’s now a very very wealthy person.

If you sit down and figure out how your money can grow with such a simple strategy its quite amazing, its the power of compounding. For example lets suppose you decide to save Euro 100 per month and only increase it by 10% every year (not every quarter). By the end of year one you’ll have saved Euro 1,232. By the end of year 10 you will be saving Euro 225 per month and you will have saved Euro 19,744. Carry on for another 10 years without even increasing the amount and you’ll have Euro 67,000 (approx). If you decide to save Euro 1,000 per month after 20 years you’ll have 670,000. (These figures are based on 5% interest rate.)

Of course its not a get rich quick scheme. You can make more in other types of investments but you can do this as well and its a very safe way to invest. Also because no matter how tough your month is if you discipline yourself to save every month you’ll feel wealthier every month. And if like everything in life  you feel grateful for what you have, by the law of attraction more will come your way.

After John’s talk and reflecting on all the get rich quick schemes I’ve come across in property and shares, which for me have never really returned what was promised at the beginning, I immediately opened a savings account with a good interest rate and started to save in this simple, effective and self managable way. I also decided to personally lodge the money myself each month (no matter how big the queue) so I really feel my money growing and take time to be grateful.

If you’re interested Dr John De Martini is back in Dublin this month and well worth experiencing – see www.horizonspeakers.com If you’d like to experience his breakthrough weekend I’ve organised a group a discount of between 5/10% depending on numbers. If you’re interested let me know by email to info@seanmkelly.com

Most of all take action on this simple and effective strategy for growing your money.

Here’s a youtube video of John talking about the value of money.

May your most fulfilling dreams come true

Sean

www.seanMkelly.com

 Glendalough 18th June

PS: Theres still a couple of places left for the inspirational day in Glendalough next wednesday 18th. Give yourself a day off the threadmill to be inspired, be yourself and enjoy it all. Email info@seanmkelly.com for details.

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{ 1 comment… read it below or add one }

Fiona Stolze September 9, 2008 at 5:43 pm

Hi Sean

I’ve enjoyed looking at your blog and am so pleased to see your enthusiasm for John’s work. 5 of us from Ireland have just been to Houston and so there are now 5 trained facilitators in the Demartini Method to spread this work here. Let’s all keep in touch and let this energy grow.

I would also like to add that the ‘immortality account’ that John recommends to people really works. The universe is just waiting for us all to declare our self-worth.

I hope your Terry Oldfield events go well.

Thanks Sean. Keep up the good work.

Fiona

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