Wealth Creation Blog

There is a logical order to the way that things are obtained, or the way that you become what you want to be. Before you can have something (or be something), you have to act to get it. Very few things will come to you in life without your having first taken an action that sets you on the pathway to getting it. In fact, in reality, nothing comes to you absent of some action, some decision and choice, at some point. Even if it’s as small as deciding to be where you wind up being.

The Cyclical Order Of Wealth

In order to create wealth, then, you have to take action. You have to choose to do things that put you on the path to becoming wealthy. You have to do things that will obtain wealth for you.

There is a cyclical nature to all of this, though, and it is one very much related to another post in which we discussed being what you want to be. In order to be wealthy you have to be wealthy from this point forward. You need to stop thinking of yourself as anything but wealthy, and believe that you are a wealthy person. There is a good reason why this is so.

Wealthy people take wealthy actions. Poor people take different actions. They do not do things that create wealth. Wealthy people do. When there is no wealth-creating action, there is no way to have wealth. That action is the necessary middle step.

I doubt that this comes as a surprise, since we’ve said this so many times before—the wealthy do things differently. The wealthy live differently. They spend differently. They manage money differently. The wealthy do the things that use money to build wealth, while the poor continue to struggle while letting money run through them.

The path to having wealth, then, starts with being that person. It continues on when you act in the way a wealthy person would act—take the actions you, a wealthy person, would take. And the last part of it, the getting or having part, comes as a result of those first two factors. The chain breaks without either of these two essential links. But when kept together, they come back on themselves and begin to create wealth all over again.

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

It’s not enough to know what you want to be. You have to be what you want to be. Mindset is more than about thinking about becoming, it is about learning to actually be that person.

Don’t Just Think Wealthy Thoughts, Be Wealthy

If your goal is to become wealthy, you have to start now and be wealthy. As long as wealth is limited to something that you will be in the future, you will not achieve that goal—because wealth will always be something that remains in the future, much like the many things on that endless ‘to do’ list that there never seems to be time to do.

If you are ever to be wealthy, you have to start today to be that person. You have to change your mindset to one not only of future wealth creation, but of actual success and wealth. You have to start believing, knowing, that you are what you want to be. You have to stop thinking and acting like a person that wishes and wants and start acting and thinking like a person that is and does.

You Are What You Think You Are

You are whatever it is that you think you are—you are whoever you tell yourself that you are. This is why it is imperative that you first be that person. Because that is who you will continue to be. If you are the person who is living in moderate means now, struggling and financially stressed, that is the person you will continue to be. And that is the house you will build. You will not create wealth; you will only create a stronger house of financial stress and moderate success.

If you are the person who is wealthy, that is the person you will continue to be. The house you build will be one of wealth. You will create a stronger house of wealth.

Poor people are not wealthy people, and wealthy people are not poor people. You cannot be two things at once! So you have to choose today which one you will be. And then you have to be that person. You can change who you are, but you have to elicit that change. Start today and be wealthy!

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

This is a topic that I presented first on my personal blog. I wasn’t necessarily planning to broach the subject here, but seeing as how it is so fitting to the discussion of choice and financial empowerment, it is definitely an appropriate and timely topic for this blog, too.

Your Hierarchy Of Values And Your Financial Success

This is a concept taught in different forms and under different names by a variety of financial educators. The basic idea is that we all have our own personal value-hierarchy that dictates where and how we spend our money, or if we spend it. And according to these values we make choices (often subconscious choices) about where the money goes first.

An example of this might be of a parent who values their children’s comfort over anything else. That parent will spend first on the child, to see to their needs, and even to see to “needs” that aren’t really necessary. From there the remaining money is allocated according to the schedule of values—the most important expenses or purchases are made first, and on down the line until either all are covered or the money runs out.

In terms of wealth creation, your hierarchy controls how much money you dedicate to yourself, your savings, and your wealth creation. As the current rate of savings proves, savings is not high in the values of most people in the developed world, from Australia to the U.S.

Learning From Intrinsic Values

The lesson to take away from this is that if you work to realign your value system, you will begin to realign money management. If you value your own financial success over the rest, you will attend to that first. Wealth building will move up the list from last place (and imagine what the possibilities are when it does!).

Like others you are probably not even aware of your current value system. You may even think it is opposite of what it is. Take some time to pay attention to your real value hierarchy; apply the power of choice to the power of change. Learn to truly value your own financial success, and wealth will follow.

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

Now that you understand that you are really the person in control of your life and your finances, you can start to make the changes that determine the outcome of your life. You can choose the real actions that will allow you to create wealth!

Daily Choices For Wealth Creation

Every day you have choices to make. You choose the bills that get paid, you choose the money that you spend, and you choose how to go about bringing in more money. You may even choose to let others take over the reins of control and make your choices for you—essentially operating on auto-pilot.

When you really break this down and apply it to wealth creation, or failure to create wealth, you see that the problem is not that people are incapable of making money, but that they are not making the right choices to build wealth; or again, that they are not empowering themselves because they are choosing not to be in control. The way to correct the problem, then, is to understand that you do have choices and make choices that will invite money and prosperity.

But You Have Bills To Pay

By now there are probably readers out there screaming at their computer screens, arguing that they do not have a real power of choice because they have bills, debts, and obligations. This I understand; I have them too; as does everyone else in the modern world. But I choose to control them and not let them control me. I choose to make my own wealth creation the priority. Until you choose to make yourself the priority, you will never become wealthy.

Does this mean you ignore your financial responsibilities to others? Ignore them would be too strong a word. By no means am I saying don’t pay yours bills. You may, however, choose to realign them and restructure your allocations of money.

It’s probably best if we leave off on this here, lest this turns into a discussion on individual financial management. How you choose to manage your finances and bills is up to you—which is really the point, isn’t it? You are in control of your money, and so you can start to control it in ways that benefit you first.

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

Breaking down the concept of financial self empowerment even further, one of the most powerful tools you can give yourself is the power of choice. When you truly understand that it is you who controls your financial destiny, you can begin to make changes to your financial management plan and begin to make a real difference in how much money you keep to build wealth and how much you pay away.

Who Controls Your Money Now?

Who do you honestly feel is in control of your money now? If we are being honest, the average person probably would not say that he or she is the person in control of their money. Likely the answer will be creditors—the people they owe money to—the bills they pay.

Most people feel that, although they work hard to make their money, they have no real control over it. The many people that they owe money to, either as debt or repayment of services, is who they feel are really in control, as in their mind’s eye those people already have their money before they are even paid.

The piece of the puzzle that is missing here—and it is missing for so many before they come to be financially empowered through wealth creation—is that those debt collectors are not really in control. You are! You control who you pay and when you pay them. Every month, you make the choice to pay your debts and bills. It is you who signs the check, authorizes the electronic payment, and sends the money to them. So who is really in control? Again I say it is you.

Pay Attention To Who Controls The Cash

In the interest of realizing the power that you already hold over your finances and wealth accumulation, start paying attention to who really controls your money. When you do you will see that yes, indeed, you are making a choice, and that choice is yours to make. And once you realize that you are in the seat of control, you can start to make the choices that create change.

Take control and enjoy the power of choice. Choose today what the financial outcome of your future will be.

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