Since 1999, I have kept a personal journal. It has been my practice to observe and write most days. Recently, while reviewing my writings from the past I came across a series of discussions, principles, and observations that seem very relevant for our current economic environment.
While the entries reflect different seasons of life and they were personal, not intended for public view, I have decided to release portions of my personal finance journey here as a way to encourage you to learn from what I have observed.
I do hope you enjoy my reflections and I invite you to write back.
A nation becomes wealthy when its citizens become rich people. The prosperity of a people depends upon the financial success of each individual. Personal prosperity is the result of individual effort. Successful efforts are the result of preparation. Preparation begins with our thoughts. Thoughts produce actions. Applying basic principles of personal finance can cure poverty, solve difficult money problems, nurture the seeds of prosperity, and inspire financial independence.
People need to make money, save money, protect money, have convenience and peace of mind. If we appreciate the value of money, practice prudent principles to acquire it, keep it, and make it multiply, then we can provide income for the future.
My mentor said, “Your journey stretches ahead like a path leading into the distance. Along the road are desires you wish to fulfill. To fulfill your desires, you must be successful with money. Financial principles will guide you away from poverty to a life that wealth makes possible. Like the law of gravity, these principles do not change. Allow them to fatten your wallet, enlarge your saving accounts, and achieve your financial goals.”
Chris Bryant is an American financial advisor.