3 Steps To Financial Security

Unless you’re born with a “silver spoon” in your mouth you’ll probably have to work to achieve your dreams.

In the current economy, financial security is at a premium. Record unemployment, bankruptcies (both personal and business), a housing slump that continues to stall economic growth and a rather gloomy consumer outlook is keeping the majority of Americans wondering if their financial situation will ever improve.

Here are three things you can do to gain a toe-hold on financial security:

One: Make yourself more valuable to your customers or employer. If you run a business (providing a service or product) one of the most important things you can do is offer special deals, incentives and added-value bonuses to customers. Work your “house list” consistently with product and service offers that benefit the customers.

A simple way to do this is to customize product and service offers to niches within your customer base if it makes sense. For example, if you sell insurance, maybe you can niche an insurance product offer just to all the clients on your list who are police officers… or dentists… or whatever.

If you’re an employee, you can make yourself more valuable by providing the business you work for with what all businesses need more of: more customers, more sales and more profits.

You could, for example, find out what product or service sells best. Then find other non-competing businesses you can form joint ventures with. And sell your company’s wares to their customers.

Deals like these are done all the time. And they result in extra profits. You can negotiate the deal and get a cut of the profits.

Two: Spend money more intelligently. This may sound obvious but if makes no difference how much money you make if you can’t keep it.

Countless news stories have appeared about wealthy people lived beyond their means and ended up broke. The smart thing is to live below your income but within your needs. Make this step a habit and you’ll always have at least some money available for a rainy day.

Three: Change your consciousness (a.k.a. your thinking) about money. People who enjoy security and success with money “think” differently than people who struggle. The quality of your thinking determines the amount of money in your bank account. So it’s critical to learn how to “think” about money.

Probably the most impactful thing you can do is dump out all your negativity about money. That includes bad money habits, limiting beliefs and feelings of insecurity.

The more you purge your consciousness of the self-sabotaging thoughts you have towards money the more easily money will flow to you.