Smart People - the best mentors

Some smart people are born that way, but most of them acquire their winning ways from other folks that have been there, done that, and achieved success.

The trick is to hang around the smart ones and let some of the "shine" rub off.

It sounds easy, but it's not quite that simple. Nevertheless, it's a good place to start.

Remember your mother telling you not to hang around a particular gang or individual? I certainly do.

What she most likely didn't tell us was the type of people to hang around with. And, she probably didn't tell us why either. That would have been immensely helpful.

Well, I'm here to tell you the type of people to hang around. It's the smart people who have proven themselves to be good with people, good with money, good with business decisions, and good about not repeating mistakes they've made.

They're out there. You might have to actively seek them. Keep your eyes open and you'll discover them.

The smart and successful people might not be as much fun as some of your drinking buddies, but trying to be smart and successful through association with them sure beats the heck out of hanging around those of us who keep trying the same old stuff and keep wondering why we're not getting anywhere.

I said it wasn't as easy as simply being with smart folks. You also have to be willing to learn. That means having an open mind, looking at things differently, analyzing situations from a different perspective, and being willing to change the way you think and behave.

If you allow yourself to be receptive to new ideas and new ways of doing things, then you have a good chance of being more successful in whatever you do.

Hanging around people that have proven themselves to be "smarter than the average bear" is the only way that I know to improve my edge. If you're receptive to learning, you can't help but pick up some of their "shine."

Done with Smart People, back to Mindset of Frugality

There certainly is a broad scope of topics here at Frugal Living Freedom. When you think about it, money permeates so very many activities in our lives, therefore, being frugal encompasses a wide range of interests, from being employed to taking a vacation, and just about everything in between. Enjoy the variety, pick up some new ideas, and start making frugality a part of your signature.

I'm a big proponent of being debt-free, and I mean entirely debt-free - no mortgage payment. It's not essential for financial freedom, but you'll love the feeling once you get there. If you didn't have a rent or mortgage payment, how much more could you do for yourself with your current level of income? I suspect plenty.

If you ever hope to see an abundance of wealth, you need to plug the hole in your boat. The wealthy don't necessarily make lots of money, instead, they know how to hang onto what they make, and make it work for them.