You are lucky today! You come across an ATM that gives you the exact amount of money you need for the day. What are you going to do with $10 million? 

You come across an ATM that gives you the exact amount of money you need to survive for the day, how you spend it is your choice. Today you are given $10 million.
Do you:

a) Spend it like crazy, driving expensive cars and eating expensive meals.

b) Save it for a rainy day.

c) Give it to charity, or invest it in the stock market.

d) Spend it on yourself.

If you picked a d, congratulations! You’ve learned something important about the way you spend money.

This simple choice defines your relationship with money. The path you choose will dictate the path you take.

The path you choose will also shape the future of your financial life. The path you take will influence your family’s financial future. The path you take will impact your employees and your company’s financial future. The path you take will influence your boss, your colleagues, and your friends.

You can follow the path of least resistance by spending everything you have. Or, you can choose a different path by spending less. But, you can only follow one path.

There is a powerful rule of thumb for you to follow:

If you can afford it, you should spend less.

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When you take a good look at your spending habits, you might discover that you are spending more than you’re earning. Or, you might discover that you are spending too much.

The first step in changing your spending habits is to discover the root of your spending problem.

What’s the one thing that you are spending money on that you can’t afford?

What is your “money weak point?”

Is it a need? Is it a want? Is it a lifestyle?

Maybe you are spending money on something you don’t even need. It might be a hobby, a habit, or an addiction.

Maybe you are spending money on something you can’t afford. It might be a lifestyle, or an addiction.

Maybe you are spending money on something that’s a need. It might be a habit, or an addiction.

Maybe you are spending money on something that’s a want. It might be a habit, or an addiction.

It might be a need, a want, or a lifestyle.

It might be a need, a want, or a lifestyle.

Maybe you are spending money on something you just don’t need. It might be a habit, or an addiction.

Maybe you are spending money on something that you just don’t want. It might be a habit, or an addiction.

Maybe you are spending money on something that’s a habit. It might be a habit, or an addiction.

Maybe you are spending money on something that you just don’t want. It might be a habit, or an addiction.

It might be a habit, or an addiction.

The next step is to identify your money weak points.

Are there any specific habits you can identify that are causing you to spend more money than you can afford?

Is there a specific habit that you can break, so that you can live within your means?

It’s important that you identify your weak points before you can change your spending habits. You will need to break some habits before you can start to break others.

It might take some time before you identify your money weak point.

In fact, it might take months, or years, before you can break your money weak points. But, I guarantee that it’s worth the effort.