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Mitt Romney Shares 5 Tips for Financial Success, Jamie Armstrong - 3 hours ago LDS Living.com Thursday, January 22, 2015

What can you do to be financially successful? Mitt Romney has some tips to share.

Last night, Mitt Romney spoke to a full house at Abravanel Hall in Salt Lake City. Discussing everything from terrorism to global warming, he also shared a few bits of wisdom to help people improve their financial situation.

1. Do your present job well.

gThere are some people who are always unhappy with what theyfre doing,h Romney said. gBut if you want to be successful, do your present job well.h 

He went on to tell the story of how his gbody manh from his 2012 presidential campaign—who did a variety of tasks from getting him clean clothes to scheduling bathroom breaks—went on to get a great position by a highly successful company because the right person noticed his work ethic. Moral of the story: by being the kind of person people want in their organization, you can find opportunities for growth and advancement.

2. Keep your eyes open.

gWatch to see if there are opportunities being missed by your current employer when you can go to [him or her] and say, eHey, herefs a way we can solve a problem,fh he counseled. gOr there may be an opportunity for you to create an enterprise of your own and start a new business.h  

3. Donft expect God to make you rich.

gThere are a lot of people who think that God wants to make them rich because they will pay a certain percentage back to Him,h he said. gHefs doing more important things than worrying about your money—youfve got to worry about your money. Donft invest on faith, or just hope your investments will do well.h

Instead, Romney suggested you build personal investments in two ways: 

First, invest in things you know well—things like your job, or purchasing an apartment building down the street.

Second, invest in things that will protect your savings. gInvest in stocks and bonds,h he counseled. gThe objective is not to get rich off of that kind of investing, but to ensure your nest egg is preserved.h

4. Look before you jump.

Romney said that before you jump into the next big opportunity, make sure you are ready to take the risk. gYou have to be prepared to make a move. Do you have the support of your spouse and family? Do you have savings to fall back on? If it doesnft work, where will you go next? Youfve got to think about where youfll land.h

5. Donft measure your success in life by material wealth.

gIf you measure yourself by how many promotions you get or how much money you have, your success is going to be, to a great degree, up to chance,h he said. 

gIf you define yourself and measure yourself by your faith, your service, the number of friends you have, the people you love, if you measure your success by those things, your success is entirely in your own hands,h he said. gThe successful people I know make every effort to get those things right. Measuring yourself by what counts most will bring you the greatest happiness.h

 

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