Champion's Corner: What's in Your Wallet?

If I were to snoop in your wallet right now, what would I find? Money? Perhaps some pictures and business cards? Or maybe credit cards and receipts? Hopefully, I'd find something more than lent and an outdated library card. Believe it or not, there are some things you can carry in your wallet that could help set your stage of success. Here are three things that should be best friends in your wallet.

A $100 dollar bill. Money attracts money!! You should keep Benjamin Franklin in your wallet to greet all your other dead presidents that enter your wallet. If Benjamin Franklin is not available then have Ulysses Grant be your wallet greeter. There's something about seeing money in your wallet that set's your mind in a prosperous mood. It will diminish the "poor man's mentality" we sometimes carry during the recession, and it's a great discipline for holding on to money and not spending money.

A card that pays you back. Every speaker should have one. I happen to have Citibank's business Master card. Not only does this credit card give me a fair interest rate and keeps track of all my business spending for tax purposes, but it also offers me travel miles for all my spending which is worth money to me. Since I put all (and I do mean all) of my business expense on my Citibank card, I have tons of traveling miles that I use for my speaking trips. And since clients pay for my travel as well, I will pocket the $350 they give me for travel and use my miles to travel for free. There are a lot of cards out their including Capital One who can pay you back, check around to see which ones offer you the most, and have the lowest interest rates.

A reminder of why you do what you do. We have all heard that you should write your goals down and look at them every day. I like to take that a step further and not just write down my goals to look at, but I like to carry mine around close to my heart since that is where I believe my purpose was first born. So the third and final thing you will always find in my wallet is a picture of my family. Because when it is all said and done, they are the only thing that matters to me at the end of the day. So what is your reminder? It may be a picture of your family or the house you want to buy, it may be a favorite quote or maybe it's a huge bill that needs to be paid. Whatever it is, let it be a reminder of why you do what you do and use it to keep you on track to do the right thing for the right reason.