The money secrets of popcorn.
One relaxing evening while preparing a bag of microwave popcorn, it
dawned on me that the principles of a bag of popcorn are similar to
those of solid financial planning and money management! The
delicious movie snack, late night pick me up, and all around feel
good food has secret money lessons to convey.
We can learn financial lessons from popcorn
The money principles of popcorn:
1. Focus
Focus is the most important feature of cooking popcorn.
If you use a microwave oven, the paper doesn't cook, only the
kernels inside. The kernels sit in the micro waves of radiation,
and absorb the heat. The heat is focused inside for one purpose.
That purpose is to transform from a seed corn to a flowery eatable
fluffy, buttery, and satisfying finger food. So too must we focus
our energy and attention to our financial well being. We must focus
our attention to turn our finances from a source derived from
trading hours for dollars, to a source of lifestyle and comfort. We
must be careful not to lose focus and short circuit our finances
through non productive activities.
2. Consistency
An overlooked fact of making a bag of popcorn is that in order to
make the perfect bag,, you must use consistent heat. You cannot
turn the heat up and down, or on and off and still expect to have
all your kernels to cook. Consistent, steady heat leads to
successful popcorn. Consistent savings and investments programs,
along with managing your debts allows for the perfect financial
future.
3. Diversification
You don't make popcorn by cooking one kernel at a time. You must
place many popcorn kernels in the bag to make a full bag of
popcorn. Likewise, with your investments, you must not be dependant
on one form of investment.
4. Time in the market, not market timing.
How long does it take to make a bag of microwavable popcorn? It
takes time. The time it takes to cook depends on when the last
kernel is cooked. You cannot rush the process. Investing is the
same way. Your investments need time to grow, time to appreciate,
and time to provide income.
5. Patience
When you cook that hot, delicious, and buttery popcorn, your mouth
waters as you smell the aroma of a great treat. Be patient with
your investments. Manage your enthusiasm, your financial success
will soon be at hand, and you will enjoy the quality life financial
freedom provides.
Until next time
Maximize your dreams
Organize to overcome obstacles
Network to net-worth
Enjoy the moment
Yield an abundance
Your money coach
Todd A. Williams
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Resource:
Todd A. Williams is an author, educator, and public speaker who is a
leading voice in the area of money management. He is available for
individual coaching and speaking engagements. Contact him or sign up
for his free e-mail newsletter at http://www.toddawilliams.com
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