BE AWARE! Moral Hazard is alive and well … and it’s after your money …

Think Moral Hazard — Don’t be surprised! You have been warned!

Sadly, it’s the unrealistic expectations, originated out of the dot com bust, which have given rise to these ridiculous, “too good to be true” results, which shockingly, turn out to surprise consumers when the same insane actions plague them. I say it in each blog post – if you know what is happening, you will know what to do!

Understand the conditions, think logically, and you will see clearly that we are again on the verge of another bubble – perhaps multiple bubbles. Be it housing or commodities, we simply cannot spend our way out of it.

You have to ask yourself, does this ‘spending your way out of debt’ work in your OWN household? What makes you think this will work on a larger stage? What about unemployment? How long can you be unemployed, how long will it take before you will have to either beg, borrow or steal to provide for your needs for human survival?

There is a serious disconnect in our country between what we do in our homes and what we accept from our government. I meet with lots of clients who often find our discussion odd and refreshing because we are teaching principles they have never heard before. However, the sound principles of logic are impossible to deny. My clients then take control of their money and stop allowing themselves to become victims of the circumstances, which the government and others have proposed.

If you find yourself in this situation, what should you do??

Begin by getting realistic with yourself.  Get in the know – read, research and learn for yourself. Here’s a good place to start: Resources & Books.

Begin saving … remember, saving is not investing – investing is 100% risk of principle. Saving is 100% safety of principle. Saving is not glamorous or sexy, but at least it will be there for sure when you need it.

The next step is to stop the leakage on your money. Over the past 20 years, I’ve never met a single person who doesn’t have some leakage on their financial model. Typically I’m told, “I have no money to save.”  Let’s have a personal conversation so I can show you how to change the polarity of the money flowing through your life. Simply put: if you have income but no cash flow – money after you pay your bills – we need to talk! You will be amazed at how quickly that can be rectified.

So, when you read the news or listen to the talking heads in the media, remember, they are no more informed than you. They are being fed the same false hope. The only difference is, they are influencing everyone they touch.

If you want to take control of your financial future, I suggest you stop listening to the mainstream chatter and begin to seek true knowledge. You have the opportunity to choose differently for yourself. Start right here. Also consider, Mises.org, the Lara Murphy Report, Night of Clarity and others. Contact me for further resources and Self Empowered Banking information.

Let’s start the conversation. What do you think?