A lesson from Italy's success

Grosso goal in late extra-time..

Hello guys.. :)

This time I wanna share with you about the success of Italy to get into the World Cup 2006 final.. I watched the game last night and what I could say is I'm so impressed with their performance. It makes me believe that to gain success is not impossible although time is lacking. All you have to do is to work smart and also hard, and not to lose your concentration. Finally the success will be yours. :)

We know that Italy is good at defense. And this is the main key of their success. When they strengthened their defense and ensured nobody can penetrate it easily, at this point, they were building up a very good strategy to attack the opponent. And finally, their effort lead them to score goals! The best thing is, they scored that 2 goals in the late extra-time (means everybody thought the game will end with penalty kicks) and they deserved it. :)

What is the relation between a good team at defense and financial management? It is all about your defense in managing your finances. To become rich, you must not only focus on the money making stream but the 1st thing you must do is to take care of your expenses and liabilities which in the other words you must strengthen your defense. You must make sure, your expenses and liabilities do not exceed the income you get every month. A lesson we can learn from Italy is that, when your defense is good, then you can be good in your offense too.

When you can control your cashflow every month, and make sure that it will always be positive in number, you can start planning the strategy to make more money. If u have a negative cashflow every month, you'll not become rich even if your strategy to make money is great or you get a big income.

For example, just imagine a man who gets $15,000 as his monthly income. He will not become rich if his expenses every month are $15,500. This is because, his monthly cashflow is -$500. But if he controls his expenses not to exceed the income, for example only $13,000 a month, he will have a positive cashflow of $2000 monthly. And he can use this money for savings or for investments as I said before, as a good offense strategy. It's better if you can keep more than that. :)

This is the basic step to become rich. If you start to control your cashflow from now, you are also starting to build up a good defense in your financial management. And this will result in a good strategy to make money in the future. So, why dont we take the first step from now and take our seat on the journey to becoming rich. :) Good luck to all of us!!

Click the link below for the news.

Italy defeats Germany with late extra-time goals.

financial-management

Tags: Financial Management, Motivation, Inspiration