If there’s one thing the Australian media delivers consistently – aside from hysterical weekly articles about how many Asian students there are in selective schools these days – it is completely deranged financial advice.
This is insane and gets more insane with every sentence https://t.co/0e2qTmIKEL
— dan (@dannolan) June 27, 2017
One of the first important money tools I would like to give you is putting away 10 percent of everything you earn, 10 per cent of every single dollar, euro, pound, or whatever currency you create. You are not setting it aside to pay bills with. You are not saving it for a rainy day. It is not for when you run out of money. It is not to pay a big bill that is upcoming. It is not to help a friend out. It is not for buying Christmas presents. It is for none of those things!
When you pay the bills first, the universe says, “Oh, okay. This person wishes to honour their bills. Let’s give them some more bills.” If you honour yourself by setting aside 10 per cent first, the universe says, “Oh, they are willing to honour themselves. They are willing to have more,” and it responds to that. It gives you more.[…]Start it today. The thing is, this is not logical or linear. You can do the maths around it, but this is not computable. Energetically, the universe starts to contribute to you as well and you start to have money show up in the most random places.
How different would you feel about your life if you saw a big wad of cash every time you opened your wallet or purse instead of a lot of blank space and some scrunched up receipts? What if you enjoyed having money in there? Carry around the amount of cash that you think a wealthy person would carry.
Some people balk at the idea, thinking, “What if I get mugged, or lose my wallet or purse?” I had a young friend who carried about 1800USD on her at all times and lost her purse. It wasn’t very nice for her at the time, but after that, she was much more willing to be aware of her money!
I’m having a real tough time finding excerpts that are particularly wild, save for just republishing the entire article, but bear with me for point number 3. Milasas suggests that the third technique which will guarantee savings is to, uh, hoard gold and luxury trinkets.
I have purchased lots of gold and silver with my 10 per cent account and it’s fun for me. I have a safe in my house where I keep a lot of my gold and silver.Things like sterling silver flatware are great liquid assets because they are aesthetically beautiful items you can actually use which will contribute to creating a feeling of wealth and luxury in your life. Isn’t it much nicer to drink champagne out of beautiful crystal, or a sterling silver goblet rather than plain glass or plastic? I know it is for me!
Btw, I’m saving 10% of all my money so I can raise $1000, carry it around with me at all times, and then use that $1000 to buy silver goblets. I am now a finance genius.
I have never seen such objectively terrible advice. https://t.co/vPO9j3rmZw
— Erin Turner (@ErinLTurner) June 27, 2017
Well now the “universe” knows this woman carries $1k+ everywhere she goes and has a safe full of gold and diamonds so… pic.twitter.com/tRujUZXjs9
— Zoya Sheftalovich (@zoyashef) June 27, 2017
this article reads like a how to on going from zero debt to $187,000 debt in two years
did they read the pitch wrong or something
— frontin’ on may may (@llewstevens) June 27, 2017
this was it for me pic.twitter.com/XenbDUzx2a
— Elle Hunt (@mlle_elle) June 27, 2017
“When I first did my 10 per cent account, I was doing it grudgingly because Gary had suggested to do it” WHO IS GARY?!
— the big gun herself (@tnichss) June 27, 2017