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            I lied. I don’t know the tax rules that well. I just have a really good tax advisor. I will show you how I manage my money and got a much bigger tax return just by knowing the rules and taking advantage of them. The information in this personal example is Canadian based content as I currently live in Canada. Please check with your local rules and regulations, as they may be much different from this example.

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     Please read the disclaimer before you continue.

   Last post I discussed the importance of mind-set when it comes to money. This is just personal finance basics. Rich people think about money differently than most people. They view 1 dollar as a seed to create more money rather than just a Lonnie or a dollar bill. To recall, it takes 468 years to turn 1 dollar into a million at 3%. Well, like most people I do not have 468 years. Lets now look at some ways to turbo-charge the time it takes to get to 1 million dollars.

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            Maybe you are like me, and want a financially free life. Perhaps you want to make or save a few extra bucks. Or what if you just want to manage your money better. No matter what your goal, it all starts with a single unit of currency, and the difference between the rich and the poor starts with the way they view that unit.

            This may seem like a waste of time to learn. And truth be told, when I started reading this stuff I thought it was a waste of time too. Only after reading countless books, going to dozens of seminars and listening to tons of CD’s, did I begin to understand this simple concept: before people become wealthy they start with a shift in their thinking, in the “way” they view money. The shift is usually quite subtle at first. Just think that one change in a thought process could have the potential to make you rich. And it all starts with that one unit of money. Read the rest of this entry