}); YOU AREN'T WHAT YOU DRIVE, BY MR. WALTER CLEF. - WELCOME

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YOU AREN'T WHAT YOU DRIVE, BY MR. WALTER CLEF.



MAKE MONEY, SAVE MONEY, SPEND LESS.

THE BELIEVE THAT FINANCIAL INDEPENDENCE IS MORE IMPORTANT THAN DISPLAYING HIGH SOCIAL STATUS.

Mr. Walter clef is a self-made multimillionaire. He and his wife have live in the same three-bedroom house in the same middle manages two manufacturing business in the Midwest.

During his entire married life, he has owned only full-sized General Motors sedans. He will tell you that he never burdened himself with status vehicles or products of any kind. Mr. Walter Clef's business, as well as his household, are highly efficient operations.

The productivity of his businesses, coupled with his household's moderate consumption habits, produced many surplus dollars. These in turn, were reinvested in his businesses, commercial real estate, and the common stocks of a variety of high quality American corporations.

Mr. Walter Clef is always very conscious in his personal financial management, and deakae with almost all the rules and possibilities of personal finance,
He is what we call a Super- PAW. His net worth exceeds the expected value for people in his income/age category by more than tenfold.

During the course if his career, Mr. Walter Clef has helped many other entrepreneurs in meeting their financial need and echetra. He has acted as a mentor to dozens of business owners and has saved many business from going under by giving financial assistance to struggling entrepreneurs.

But he never extended credit to people who exhibited the big-hat-no-cattle philosophy. In his mind, such people would never be able to repay their debts. These types, according to Mr. Walter Clef, "spend, spend, spend, in anticipation of having money before they even earn it.

Mr. Walter Clef,  as well as those people whom he has backed financially, have never felt that their purpose in life was to look wealthy. According to Mr. Walter Clef, " That's why I'm financially independent ".

Read also, INTRODUCTION TO PERSONAL FINANCE.

Listen if your goal is to become financially secure you will likely  attain it ... But if your motive is to make money to spend money on the good life, ... you're never gonna make it.

Many people who never achieve financial independence have a much different set of beliefs. When we ask them about their motives, they speak in terms of work and career. But ask them why they work so hard, why they selected the careers they did, and their answers are much different from Mr. Walter Clef's.

They are UAWs, and UAWs, especially highs income producers, work to spend, not to achieve or become financially independent. UAWs view life as a series of trade -ups from one level of luxury to the next.

U CAN LIKELY READ, HOW TO MANAGE YOUR INCOME.

So who enjoys working? Who really gets satisfaction from their careers, PAWs or UAWs? In most of the cases we have examined PAWs love working, while a large proportion of UAWs work because they need to support their conspicuous consumption habit.
Such people and their motives offend Mr. Walter Clef. He stated numerous times:

Money should never change one's values ... Making money is only a  report card. it's a way to tell how you're doing.

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