How you can take control of your money in six weeks
Professor Arnaldo Castillo was invited to the TVV studio to talk with Carlos Acosta, host of the Por la Mañana show, about how you can take control of your money in six weeks.
That’s what the conference on the subject held at Millennia Atlantic University on May 10th was about.
Here are some highlights from Professor Castillo’s interview for the TVV program on how to take control of your money:
Definitely more important than the money we produce is what we do with the money we produce.
Here in the United States, we produce a lot of money, but many times we spend more than we produce, so we usually spend more than we should.
The first thing we have to do is protect our four walls. What are those four walls? Our home, our food, our clothing, and our transportation.
Four essential things that we need in order to be able to produce in this country, once we have covered these four primary aspects, we can then face the following important expenses that we will have in the family.
Many times we start to get into debt, and when the money comes, the month has not even started yet, and the money has practically gone to pay debts.
What we want is to give an initial vision in each of the steps of the program that I have designed called Financial Peace, where I teach you first how to take control of your money. Some of us have lost control of our money, whether we want to or not.
Second, I teach you how to get out of debt slavery. There is a proverb that I like to quote that says that he who borrows becomes a slave of the lender.
Many times we have been in a situation where people we owe are constantly calling us, it is something very uncomfortable, something that takes away our peace.
Once we manage to get out of that debt slavery, we begin to build what I call Financial Peace and begin to generate wealth.
With what it costs you to earn money, with the number of hours you work to earn it, if you lose control of your money, you will eventually lose control of your life because you can lose your home or car or simply work only to pay off your debts.
We came to this country with an expectation of progress, of advancing in our life, of providing something better for our family. But the system is designed to put us in debt, everything we want to buy is financed.
I want to buy a car, finance it, I want to buy furniture, finance it…
There is an investment and a very well-designed strategy, we are not saying that what they do is a bad job, their marketing department works excellently. The investment they make, and we are talking about billions of dollars that are invested in this, is very effective, it really reaches people.
Every week, anyone receiving advertising of any type of product or service, information that they buy to be able to market us, then we need to make decisions.
A truth that can enter our life, our goals, and our heart, and when we apply it, can radically change the way we see money and the way we see our life in this country.
Learning to make those small changes, getting rid of a couple of debts, and being able to move forward can change the reality of a family, a single mother, and many people who come to this country where no one necessarily teaches them how to manage their money.
The idea is to give an opening of how this method works, and what the path looks like, to offer information that hopefully we would all receive when we arrive in this country.
The average income in the United States is around $60-65 thousand dollars which is much higher than the rest of the countries in the world. We are one of the countries where we produce more money; however, 78% of people live paycheck to paycheck.
If there is a missing paycheck there is a crisis at home and then when you add that the number one cause of divorce in the United States is related to financial problems then that’s why we see the current crisis that we can find in this country.
For this reason, we want to teach people to take the first step. It’s a process in my financial peace program that has seven steps.
The intention is to invite people to take that first step, to start taking control of their money and from there, then trace a clear path to be able to get out of their debts and be able to build money.
It is possible to take control of our money, it is possible to do things better. We have all made mistakes, but there are ways to move forward.
How good that we have universities here in our locality of Doral, and we have ways of reaching you and being able to transmit this information.
Millennia Atlantic University, academic excellence
