January 27, 2014

Don’t Fall Prey To The Economic Doom & Gloom

I’m positive you know inflation exists. Maybe you’ve even heard the term hyper-inflation? Most Americans consider inflation to be a government problem and let the topic fly right past them. […]

I’m positive you know inflation exists. Maybe you’ve even heard the term hyper-inflation? Most Americans consider inflation to be a government problem and let the topic fly right past them.

What you probably don’t realize is that inflation is not just about rising prices. Rising prices are the symptom of inflation! The real problem lies with the United States printing more money without any discretion which decreases the worth of the American dollar. Whereas a dollar used to be worth $1 in 1913 according to the “gold standard,” it is now only worth about 2 cents because we don’t have anything to back it up!

The effect inflation has on you is bigger than you might realize! But, you don’t have to just sit there and let it have a negative impact on your life and finances.

Unfortunately, being financially stable or even building a nest egg in your savings account isn’t enough. The money in your accounts, your wallet or your piggy bank are worth less and less every year because it’s all still in those “2-cent dollars!”

It does however, make being financially independent more important! If you can succeed in THIS economy, you will equip yourself to succeed in ANY economy.

In my life, I’ve been embezzled from, gone broke, lost everything. But I know that I know that I know, Hans and myself are equipped and skilled enough for any financial blow. We could easily make money in any economy! And because of that, I’m not afraid of inflation or whatever it is our government is messing up in the news tomorrow. The government doesn’t affect my financial success.

I mean let’s face it, there is so much doom and gloom out there! The economy is terrible, our dollars are the equivalent of Monopoly money and inflation could push people who are straddling the poverty line right over the edge. And the trouble is, all of these things make us more dependent on the government in order to survive. History shows us that most societies with this type of economic situation falling into political revolution.

Today I’m writing to tell you, you don’t have to be afraid either. Your financial success is not dependent on the government. It is dependent on you and your skill sets, though. It’s time to put away the fear and get prepared for your future and your kids’ future!

Tell me what you’re doing to prepare yourself. Are you increasing your knowledge of investments? Stocking up on other currencies? Building a legacy that will take care of your family for generations? Let me know your comments and don’t forget to Like and Share today’s post. Let’s stop spreading fear, and start spreading solutions.

Join us this Wednesday night for The Spiritual Equipping Broadcast at 8 pm ET/7 pm CT. Come spend a few hours connecting and refueling your soul this week.

 

In great faith,

 

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Categories: Personal Finance   

Tags: article   economic solutions   The Daily Fix   

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