The Secret to Using a Piggy Bank to Become Rich

WOODRIDGE

Money Management Articles

Subscribe to our Money Management Articles Feeds


Feeds

What's this?

Home > Money Management

The Secret to Using a Piggy Bank to Become Rich

by: Catherine Franz

Did you know that rich people keep piggy banks around their home? Yes, generally they do. Multimillionaire Kim Kiyosaki, wife of Rich Dad Poor Dad Robert Kiyosaki, and author of ¡°Rich
Woman: Because I Hate Being Told What To Do!¡± was on the Let's Talk Marketing radio show November 21 and she confessed to having multiple ones piggy banks. See bio for link to show.

You may even have one or a few piggy banks in your home already. Maybe your child has one and you don't. If not, you will want to start one today.

You don't need to run out to the store and buy one. Look in your kitchen. There is probably a previously used jar that you were saving for that ¡°something else, some day use.¡± I love using a jar
because it requires me to unscrew the cap. The motion creates a physical pleasure that is associated with nurturing me. It's like a jolt of joy. Then again, if you find yourself in the store and there is a
piggy bank that tweeks your Twinkie, get it. Until then use something from your kitchen.

Now you are asking, ¡°How is having a piggy bank going to help me become rich? If not this question, you may be saying, ¡°So what, that's what my parents did and it didn't help them become rich.¡±

I am saying that having one a piggy bank will help you become rich.

Let me further explain.

First, when you have a piggy bank with money in it, it changes how you feel. You feel more abundant. If you believe in the laws of attraction, you know that when you feel more abundant you are
guaranteed to attract more abundance. If you don't believe this, then there is some additional muck that needs work on -- something beyond this lesson.

Did your parents tell you, ¡°save for a rainy day¡± and that was attached to your piggy bank. Of course, this then became imbedded in your beliefs. You probably even had difficulty figuring
out what they defined as a rainy day. Nevertheless, I'm sure you're parents clarified that for you here and there. Maybe the definition was mucked in the process. You believed it was to buy a
skateboard. Your parents believed that was frivolous. Chuckle, you probably even challenged it to the best of your ability to. It even got complicated sometimes when they told you; you could use
it to buy your friend or relative a gift with the ¡°rainy day funds. How confusing was that -- your friend or relative wasn't raining upon.

Seeing some light? Sure you are.

What if you shift your belief from rainy to sunshine? What if you called the piggy bank, ¡°Your Sunshine Account¡± and you were clear on what that meant? What if your sunshine account was just
to nurture yourself, for instance, it gave you the pleasure of getting a pedicure once a month. What if you went to the movies or bought a book you would love to read with the money? Could you define
nurturing? I am sure you can.

If you already have a piggy bank, have you labeled it ¡°chump change¡± or ¡°loose change?¡± What would you rename it so it fuels you internally and externally rather than seeming wasteful?

If you want to be rich, create a piggy bank, dump your pocket change into it, and add a few bills. I recommend that you stop reading and go do this right now before something else gets in the
way and you table it for another activity that you may never get around to doing.

Go ahead, stop, go find a jar or something, and create a piggy bank. No, you don't need to cut a hole in the top. Then return and continue reading.

Congratulations if you went and completed this exercise. You are still on the road to wealth. Go ahead and skipped the next paragraph, it doesn't apply.

If you didn't stop and complete the exercise, it says a lot about your beliefs. It says you have more doubt in your ability to become rich. Doubt is a characteristic of the poor. This is a whole other lesson,
so I'll need to stop now and save for a later discussion. Just know you need to work on this - so stop and find a piggy bank.

Can you feel the difference in yourself now that you have the piggy bank? I bet you even stand taller. Thousands of people who I have worked with over the years have, so I'm sure you will too.

Hmm, and to think it began with the simple use of a piggy bank. Well, that's where becoming rich (or richer) begins! It starts with taking a different action and making a perspective shift along with it.

Enjoy you Sunshine Bank! Teach your children so they can teach their children and together we will change the future.
About the Author:
Catherine Franz, a Master Business Coach, speaker, author, a syndicated columnist and radio talk show host of "Let's Talk Marketing" and "Let's Talk Coaching," and producer of the Mastering Business Communications television show. http://www.abundancecenter.com and http://www.LetsTalkMarketingShow.com
thumb it up
 

 

No. of Times this article has been viewed : 794
Date Published : Nov 18 2009

Most Recently Published Money Management Articles as of

Mar 6 2010    Learning Effective Money Management

by BMA Editorial Team A

Increasing wealth and net worth is about more then just making good investments or even "getting lucky". The key to lasting wealth comes from good money management.

Jan 21 2010    Essential Trading Money Management Strategies

by BMA Editorial Team A

Like any leverage, do the basics, do the homework, prove yourself doing the stocks. They're the easiest. Do that for a period of time and then move on to something else. An understanding of trading money management should underpin all of this.

Jan 20 2010    Jobless No More: Make Easy Money on the Internet

by BMA Editorial Team B .

There are different ways for you to learn and know how to make easy money on the internet. These often include companies that either have a physical branch with an online catalog while some can totally operate online.

Jan 14 2010    4 Money Rules to Live By

by BMA Editorial Team A

These four rules work no matter where the economy is heading, what the stock market is doing and where interest rates stand. Time-tested, biblical principles work regardless of worldly circumstances.

Jan 4 2010    The Market Cycle Investment Management (MCIM) Program

by Steve Selengut

Investing with a calendar year focus has no basis in the realities of finance, business, or economics... isn't it obvious that the Stock and Bond Markets are far more closely related to the Business Cycle than to the Earth's around the Sun?

Dec 19 2009    Family Money Management - Advice on Borrowing and Lending Within Families

by BMA Editorial Team A

These 5 rules for family money management will help you to control your own money and reduce the opportunity for money to destroy your family relationships.

Dec 14 2009    Outsource Your Money Management and Personal Finance Tasks

by BMA Editorial Team A

There you have it, tips to simplify and automate your finances so you can focus on leading and managing your money rather than handling it. Becoming a money leader and a money manager is vital to ensuring your long-term financial success.

Dec 3 2009    Why You Shouldn't Save When You Have Debt

by BMA Editorial Team A

I know it can be hard. You just have to remember that any money you've 'saved' hasn't really been saved at all. It is money you should have been spending instead of making purchases with a credit card.

Dec 3 2009    Foreclosure Laws, Debt & Divorce: 3 Pieces of Critical Info for Dependent Spouses

by BMA Editorial Team A

Money problems are the number one cause of discord in a marriage. And nowadays, certain factors have aligned that make these times a "perfect storm" for divorce. If you're a dependent spouse in a divorce, following are three things you need to know about debt, divorce and foreclosure laws.

Nov 18 2009    Tips on Selecting the Right Structured Settlement Company

by BMA Editorial Team B .

Before we move on to the tips that will help you find the right structured settlement company for your needs, are you really sure what you've got on your hands is a structured settlement?

Nov 18 2009    How to Save Real Money When Shopping for a Used Car from a Private Seller

by Bruce Hokin

Apart from your home, this can be one of the largest financial expenditures and therefore one of the most important to your financial well-being. If you can learn a few rules and remember some proven tips then this can be an enjoyable experience. Here's how.

Nov 18 2009    How to Save Real Money When Buying Nearly Anything at an Auction

by Bruce Hokin

Auctions are a fun, yet sometimes stressful way to buy goods. It could be a car, it could be real estate, it could be antiques or items for the garden and around the home. You can pick up a bargain or get caught. Learning a few tricks can make this process a lot more enjoyable, saving you money too.

Nov 18 2009    Are You Fooling Yourself About Your Money Problems?

by BMA Editorial Team B .

All these cuts can make a big difference to your monthly budget. The less that gets taken out for other reason, the more you will have available for your needs. Given time you and your family will adapt.

Nov 18 2009    Found Money: Innovative Ways to Find Money You Never Knew You Had

by BMA Editorial Team B .

When you found money - even though it was yours to begin with - it is a great feeling. After all, it was money you hadn't planned on having and you didn't even notice missing. What could be better?

Nov 18 2009    The Secret to Using a Piggy Bank to Become Rich

by Catherine Franz

Who would have thought that a piggy bank could make or break your wealth. Well, it can. Read how wealth and abundance master coach, Catherine Franz, explains how it does and how you can use it to your benefit.

12345
Search for ebooks on Management & Business