“Why” is one of the most frequent words uttered by any small child. Perhaps it would be wise for adults to examine that important word as well.

When economic times are flourishing, we tend to think the good times will go on forever. We spend, spend, spend. This was the experience in the ski resort. Money flows in equal proportion to the accumulation of snowflakes on the slopes. When the powder is light, fluffy and deep, the money flows in from a variety of sources in delightful abundance. Far too many businesses had a tendency to spend lavishly during ski season as if the money would continue to flow in at that same rate. Unfortunately, logic says that will not happen. With predictable regularity April arrives and both the snow flakes and the skiers stop arriving. With direct correlation, the money stops flowing in as well.

Many businesses encounter positive assets and negative cash flow as their demise. The wealth builder’s blueprint requires vision, planning and at least a dash of common sense. Ski season does not last 12 months per year; however, the rent, utilities and desire for food on your table does exist all year long. About the end of May the lavish ski season spenders were crying “Oh why did I spend all of my money in ski season and not save anything for the remainder of the year.” As the old German adage says, “Too soon old, too late smart.”

This same behavior pattern is now visible with many Americans who used their home as an ATM with the expectation that prices and values would continue to rise. Values did not continue to rise. Now approximately 80% of the homes who indulged in this rape and pillage of their home equity find themselves owing more than their home is worth. Many of them are now asking themselves “Why did I borrow so much and get myself into this negative value situation?”

States and even nations are experiencing the same situation as individuals; the spending has out paced the income.

Ok, we can not change the behavior of states, nations or even ask for a “do over” for our personal financial situation but we can institute a wealth builder blueprint for the present and future.

Maybe the small child’s constant “why” question is wise for adults to ask themselves as they contemplate expenditures during this holiday season and going forward to 2011. If we ask ourselves “Do we want this or do we need this purchase?” It may be amazing how many purchases are a want rather than a need.

Another solution is to write down in a notebook every penny spent: cash, check and credit card purchase. Keep a ledger of income expected; not wished for, maybe or might receive or even win the lottery income. Tally the spending and balance it off against the income.

One of the best ways to avoid the “Oh why did I do that” or “Oh woe is my empty wallet” is to establish a wealth builder’s blueprint. Once the blueprint is in ink or computer font, follow it consistently and persistently.

What a concept, not spending money we do not have. Anyone want to suggest that to their state governor or congressman? Just a thought. Oh well, I think I’ll start right here in my own checkbook.

For more practical tips and techniques for personal and professional cash flow management, hire Elaine Love as your coach and mentor. Contact Elaine at www.ElaineSpeaks.net

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Step into Your Unique Power Welcome!  You will always be your most profitable, most productive and most peaceful when you are doing something you truly love.  When your work is something you love, you not only do your best work but it does not feel like work.  Everyone has unique gifts, abilities and interests.  Are you working in your area of highest talent and interest?  Sometimes it falls into our lap, sometimes we seek it and sometimes it evades us . . .until we select that special coach and mentor who assists us in discovering and developing it. Steve Jobs, the icon and founder of Apple Computers, credits his passion as his key to success. “You’ve got to find what you love.  Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work.  And the only way to do great work is to Love what you do.  If you haven’t found it yet, keep looking.  Don’t settle.” There is so much information on the internet today. Are you feeling a little overwhelmed? Are you having trouble sorting through all of the hype and puff to get to the facts? Let’s talk one-to-one and determine what you want. What is best for you? Lets connect not just communicate. Right now far too many people throughout the world are in deep financial trouble. They know they need to do something different than  what they are doing right now – but what? Are you feeling like that right now? I remember feeling uncertain.

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Good news, I designed, tested, tweaked and retested a formula which works to take you from initial idea to maximum productivity, profitability and peace of mind.  As a business coach and professional speaker and trainer, this formula is available to you.

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My one-to-one business success coaching, personalized service, and training provide you all of the education and resources necessary to achieve success. You provide the positive mindset and apply the resources and training.   I spent over 28 years learning and achieving as a successful entrepreneur.  True success requires knowledge, the right guidance and action. You can either struggle or seek help. Giving up on your dreams is a very expensive mistake. Take advantage of personalized coaching and reach your goals faster than those who decide to struggle and figure it out all by themselves!

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