Truckers and Travelers

Hello, Fellow Drivers,  Today I want to cover a practical subject for all of you who want to start a trucking business or who want to prosper in your present trucking business.  This comes from a book I keep as a financial shot in the arm when I need to remind myself of the ways wealth comes to me.  The book is written by Dan Kennedy and the short title is “Wealth Attraction For Entrepreneurs”.  Here is an excerpt from chapter 19.

Wealth Magnet 19 – Independence

Wealth is attracted to wealth, money to money.  But because independence is the prime outcome and benefit of wealth, wealth is also attracted to independence.  One is as good as the other as a magnet.  Consequently, the less you need income, the more opportunities present themselves, the more eager people are to do business with you and pay you money, and the more easily wealth is attracted.  The mandates the dimple practice of living beneath your present income so that you can be and stay debt free. … I realize this is very conservative financial advice.  … It is again, about attracting wealth more than it is part of a debate about using debt as investment capital.  …

Many other financial gurus differ passionately.  They would advise, for example, fully mortgaging your home in periods of low interest rates and investing that money in real estate, stocks, or whatever to make the spread and build up assets.  I have never gotten comfortable with debt as an asset, with leveraging debt into more debt.  … I also find that leverage-the-debt advice often comes from people who earn commissions selling investments.  However, right now, this about that debate.  The debate ignores and omits the psychology of attracting wealth by feeling wealthy at your core (not indebted) and by feeling and being independent.

Debt doesn’t just enslave through compound interest reversed.  It enslaves by imposition, by telling you that you should do work you don’t want to do, accept clients or customers you can’t stand, and otherwise compromise every which way because you need money.  I insist your objective should be to get to the position of not needing more income, so you can act independently, be selective, call your own shots, and be entirely free of actual or felt pressure.  What I call “The Independent Position” rolls finances, attitude, reality and emotions, and the conscious and subconscious together, and it is magic. 

Tune in tomorrow when we give the REST of the story, as Paul Harvey would say!  Be safe out there!