Archive for March, 2008

Delve Into Your Financial Subconscious

Tuesday, March 11th, 2008

We are all products of our life, our conditioning, and our experiences. By adulthood, many of us are so conditioned, with many attitudes and concepts so ingrained, that we are no longer able to succeed in wealth creation—and the reasons are not always so apparent. For most adults, success in wealth creation relies on “rewiring” our financial subconscious to change those attitudes toward money and success that we didn’t even know we had.

Delving Into The Unknown

Jamie McIntyre gives us practices to access our subconscious and figure out what thoughts, memories, and attitudes are really holding us back from making money and embracing wealth. Primarily, the matter is a practice in self-reflection. The following is what Jamie suggests you do: First, decide what it really means to have money and not have money. Repeat each of the three following questions to yourself over and over, until you’ve compiled a list of answers for each (as you go, the answers will go deeper and reach more to the heart of your financial subconscious).

Answer

* What money is (examples: paper, freedom, security, access)

* What money really is (examples: energy, what you want it to be, influence, opportunity, leverage)

* What it is to not have money (examples: pain, fear, frustration, stupidity)

The example answers here, offered by Jamie, are just for illustration—there are no right or wrong answers, this is what money is to you. Once you know what money represents to you, answer this set of questions so that you can a) know where to change, and b) get ideas to start changing now

Answer

* What your most limiting belief is in regards to having financial abundance

* How much money would make you feel financially abundant

* What you can do today to work toward a new financial plan

* What you learned today (progress)

* What you do not understand about personal finance

* Why you are committed to following through with wealth creation

* Two times when you succeeded despite difficult odds

Exercises like these are important to real wealth creation success. Understanding what makes you function and react the way you do is the only way to elicit change. Reach beyond your conscious financial thoughts to understand what needs to be different about your financial life.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

Mind Your Business And Create Wealth!

Sunday, March 9th, 2008

I love this term; it’s been borrowed from Robert Kiyosaki, whom Jamie McIntyre followed heavily as he created the 21st Century Academy wealth creation program.  So what’s it all about? 

What Is Your Business?

To mind your business, you first have to know what that business is.  If you are like most people, you will probably tell me that your business is whatever career-field you are in; but you would be wrong.  Your career is your job—it is your employer’s business, not yours.  Even if you own your own business your work is not your real business, it is your work. Your business is your personal financial plan for investment—it is what you fund with the money you make at your day-job. 

So maybe you are a plumber by trade using the money you make as a plumber to invest in real estate and create wealth.  That makes plumbing your job and real estate your business. Most people do not understand this until they embark on wealth creation. They see their job as their business, and their real business–wealth creation via investment and asset attainment—suffers or, for many, never even gets started. To create wealth, you have to make your business your priority,  This does not mean you do a poor job at your work, it just means you put everything in its place and prioritize that which will make you rich and get you out of your day job. 

You understand the difference between your job and your business, and you engage in a line of business separate from your work that creates wealth (money making money, passive income). If you hope to make money and succeed at wealth creation, you first have to have a business.  Create the business of you and start building wealth today!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

Make A Move For Wealth Creation

Friday, March 7th, 2008

This might seem a little radical, but for many it might be spot-on.  See how this might apply to you. 

Is It Time To Move For Wealth Creation?

Some past posts talked about how your environment or even your home or local community might be draining the energy from you. That energy is a valuable resource as wealth creation goes, and so in the interest of energy boosting alone it could be time to relocate to enhance wealth creation efforts. That’s one reason—one good reason—why you might find now is a good time to move; let’s look at a few others.  

  1. Cut expenses.  We all know the cost of living in one area can vary dramatically from the next.  Maybe a move would be a good way to cut expenses and secure more money for saving and investment—wealth creation!

  2. Live within your means.  Like so many others, perhaps you went after the house that you thought equated to wealth because it gave you the appearance of wealth; but if that house was never really affordable, it’s time to downgrade and start living within your means.

  3. Get Inspired.  Okay, we already talked about this, but a new, more inspiring location can do so very much to boost wealth creation; it could make all the difference in the world.

  4. Better investments.  Maybe your current location isn’t ripe for investment (like property investment).  Perhaps a move would put you in a better place where you could secure better, more money-making investments.

  5. Move closer to your investments. If your home community isn’t a good place for investing, and you’ve started obtaining investments elsewhere, maybe now is the time to move closer to them to maximize efforts and gain better control.

 Now, am I saying you have to move to make the most money and create wealth?  No.  But it is one aspect of your life that you could explore and relocation just might be the key to wealth creation for you. 

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

An Idea So Big It’s Now A Movie

Wednesday, March 5th, 2008

Our secret is out.  Yes, movie producer and documentary film maker Rhonda Byrne has discovered one of our secrets and made it into a movie.  What’s our big secret?  You’ll recognize it as ‘The Law of Attraction.’ 

Secret Laws Revealed

Okay so it wasn’t necessarily a well-kept secret, and we don’t own it, but wealth creation like ours does rely heavily on the secret; in part because of its elemental truth and in part because of its strong reliance on mindset as the determining factor in wealth creation. Fellow Aussie Rhonda Byrnes (who in case you don’t know produced the movie that went on to become an international phenomenon ‘The Secret’) based her movie on none other than Wallace Wattles’ book The Science of Getting Rich.  Please be aware I am not endorsing this film or her interpretations, I am remaining neutral, and I simply mention her and her movie as illustration of the power of this book and this concept. In our study of wealth creation, we also place a strong emphasis on the concepts put forth by Wattles.  He is, as we’ve discussed before, one of the Masters of Mindset, and he is a deep inspiration for many who have learned to make money and gone on to create wealth. 

For countless numbers of wealthy men and women all over the world, Wattles introduced the concept of the Law of Attraction and of success and empowerment through thought. If you are not familiar with this book or this concept, please become familiar with it.  With an understanding of this law, steady application, and the guidance of wealth creation, you will certainly enjoy success and financial freedom in short order. As we’ve seen before, the secrets to wealth creation are not reliant on modern money systems—they are reliant on your own mind and aptitude.  Learn to maximize these secrets for wealth creation success. 

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

Why Bother With Financial Intelligence?

Sunday, March 2nd, 2008

You’ve survived this long without developing a financial intelligence, so why start now?

Well, you may have survived, but what is your quality of life?

What is your understanding of money, finance, and wealth creation? Are you getting ahead or struggling as always? If you’ve come to learn about wealth creation, I can only assume that you are not happy with the status quo. I assume that money is a source of stress and pressure, and that you’ve figured out that there has to be a better way—and that you’ve figured out that you need to get more of an understanding about money and investing. Understanding that has the potential to make a difference and create wealth comes in two forms, primarily—emotional intelligence and financial intelligence.

Financial Intelligence Is Important

Financial intelligence is very important because it is what teaches you about money and how to manage it effectively. This is the piece of the puzzle that puts your money to work for you and that gives you an understanding of important financial concepts, like

  • Money systems
  • What money is and isn’t (and what it really is and isn’t)
  • Investment opportunities
  • What assets and liabilities really are

Mindset will dictate most of what you do in wealth creation, and is the absolute key to creating wealth, but once you’ve developed the right mindset you need to know where to go with it. To be able to capitalize on that mindset you need to know how to apply your positive thinking and determined effort. What will show you that? Your financial intelligence.

Financial Intelligence To Create Wealth

But to get back to where we started, you need a financial intelligence in order to create wealth for a simple reason: you don’t have one now (unless you are already engaged in wealth creation or wealth education). What you learned in school was simply not enough, and to further and live in financial freedom, you will certainly need this additional knowledge.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008