The 60 Minute Money Workout

The 60 Minute Money Workout

Sixty Minutes a week can completely revolutionize your finances.
One hour a week. That is 60 minutes of out 10,080; 1/168th of your time.
Whether you make $15,000, $50,000, or $500,000 per year there’s one thing all of us have in common: Each of us have sixty minutes per hour.
Time.
It’s the great equalizer. The president’s proportion equals the paparazzi’s.
The plumber and the philanthropist.
The mom and the maniac.
The student and the senior citizen.
To some the minutes fly. To others they drag.
For some time is money. For others money is time.
Nonetheless, time is the great equalizer and all of us have the same amount. How is it that some people can milk the most out of every moment while others inanely waste eons of instants? It’s what you do with time that makes it count.
The difference in how you use the resource of time lies in how purposeful you are with your hours each week. If “money matters” are cited as the #1 problem in most families, then it seems that they should get a least an hour of our time each week.
Give your finances sixty minutes a week and see how all things money-related will change:
~ You’ll get out of debt and be able to save for your kids’ college.
~ You’ll have more meaningful and debt-free vacations.
~ You’ll be able to figure out how to pay cash for your cars.
~ You’ll make a life and death difference around the world in the way you give money to others.
~ You’ll find peace with your mate.
~ You’ll discover contentment with your current circumstance.
~ You’ll latch onto hope for your financial future.
~ Your money life will be completely revolutionized.
Do these promises sound like glib guarantees made from a woman with an overactive imagination and too much caffeine? Don’t be fooled. These are the assurances from a woman who has been able to deliver on every single principle while financially supporting seven children on an average family income of $55,000 a year. This book doesn’t promise empty theories that are written from glass penthouses with a fine city view. No, this book was birthed among the grit and grime of having too much month at the end of the money.
My husband and I discovered, early in our marriage, when we carried the heavy burden of $40,000 in debt and no hope in sight, that one hour a week could change our financial lives forever. We started these weekly money workouts and within two and a half years, on a military man’s salary, we were completely out of consumer debt, we began to pay cash for our cars, we took great vacations, started a retirement fund, put away money for the kids’ college, and began to support orphans in third world countries.

Reprinted from THE 60 MINUTE MONEY WORKOUT, Copyright © 2010 by Ellie Kay. Published by WaterBrook Multnomah, an imprint of the Crown Publishing Group, a division of Random House Inc., New York.