Archive for August, 2008

Consistently Approaching Wealth

Monday, August 11th, 2008

AccumulationAcquiring wealth is the result of an accumulation of actions, attitudes, and efforts that collaboratively draw you towards money and success. The positive effects of what you learn in wealth creation are almost immediate (in that anything positive in your life is of benefit almost instantaneously); but wealth in the numbers that most people consider wealthy takes some time to build. This does not mean that you cannot be wealthy now, because there is wealth in all lives if you commit to finding it, and also because wealth is a state of mind as well as a tangible financial position. But it does mean that reliable, sustainable streams of money are built over time.

While we recognize that wealth is the result of individual thoughts and attitudes, we also have to recognize that it is a cumulative consequence of good attitude and action.

Building Consistency To Build Wealth

How often has this happened to you—you read something positive or motivating, such as a blog post or a wealth empowerment book, and you become enthused and motivated. You feel empowered and know for sure that you are wealthy and you can be a wealthy person. And then you go about your day.

As you go through your day, that motivation and positive empowering spirit begins to diminish. Without knowing it, you begin to lose ground and slip back into what’s normal. You lose track of your plans, thoughts, and goals, and negativity and stress creeps in. You don’t regain that wealthy mindset until you get back to a place of motivation and positivity.

This is something that is very common. It’s easy to be positive “in the moment” so to speak, but much harder to keep that focus throughout the day. So daily we are losing ground that, if captured and held, could greatly expedite our financial success.

To acquire wealth we need to build a habit of consistency into our lives. We have to stop losing ground every day, and have to keep as much of that positive spirit in our lives as possible. We have to make the default mechanism an attitude of achievement and success, not of stress and negativity.

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

Time For Building Wealth: Self Empowerment

Saturday, August 9th, 2008

Sometimes the things we have to do in order to acquire wealth mean big life changes. But just as often the changes are more subtle. The changes that we learn to make through wealth creation do not always have to be big; they just have to have a big impact. Often we can make several small, almost painless changes to our lives and our habits that we barely feel at all. The impact of these small tweaks is significant, though.

Empower That Which You Do

We all do things that are either negatively impacting our well-being, or that at the very least are having a neutral effect and doing no good for us. By this I’m talking about the habits that we’ve developed—the things we do everyday. We all have habits, even though many have become so second-nature that we don’t even realize them anymore.

The habits that negatively impact our lives can be glaring and obvious, like smoking or overeating out of boredom, or they can be less so. Your bad habit could be something as simple as sitting lazily for a quarter of an hour and thinking about all the things you don’t want to do. The physical impact of that may be much smaller, but the psychological impact is much bigger than you think. This kind of procrastinating habit is really nothing more than a negative attitude contributing to the negativity in your life. It’s either doing nothing for you, or detracting from your life.

Add up the many negative and neutral habits you have and you’ll soon see that there is real opportunity here. If you could turn each of those habits into something positive and empowering, then you would have built into your life two things:

1. The time and opportunity to devote to more acts of building wealth

2. Positivity and strength that attracts positivity and strength (following the Law of Attraction)

What you do to replace these habits does not always have to be huge, either. This could be as easy as spending that 15 minutes thinking positive thoughts, or reading something motivational. It doesn’t have to mean more work, it just as to mean more empowering time spent. The collective impact of replacing bad and neutral habits is large. You’ll find that the simple act of empowering your habits, of filling a negative void with a positive, will have far-reaching influence on not only your efforts to acquire wealth, but also on your life overall.

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

Time For Building Wealth: Building Skills For The Future

Thursday, August 7th, 2008

thinkingAnother way to manage your time better to find the time to build wealth is to start building your future skillset now. Too often we put off what we really want to know and do, and wind up suffering for it. This is another way to find the time to devote to your financial future in an enjoyable way.

Efficiency In Achievement

Too often we go about pursuing wealth with a sort of “horse and cart” philosophy. Either we put the cart before the horse and struggle for an end that has no beginning, or we focus too heavily on the horse and never quite get the cart into position.

The truth is that the horse and cart were designed to work together. One is of minimal good without the other. As human beings we are capable of doing more at the same time, but we too often get caught up in our series of events and don’t establish that air of cooperation.

There’s no reason that your path to wealth cannot be a cooperative effort. There’s no reason that everything must run on a strict “if, then” timeline, when you could combine your efforts and motivations to get more from the process.

Build The Skills

We maintain here that the purpose of acquiring wealth is to live better and live happier. So why not begin pursuing your interests now and developing your future skill set now? Why not capitalize on your interests and start working towards the whole-life picture that you have for yourself?

If you can begin to build the skills that you’ve dreamed of having, then you can capture the power of doing what you love even as you make strong movements towards being wealthy. You create in yourself a more efficient approach, but also one that gets you to where you want to be in less time. You’ll be wealthy and you’ll be pursuing your passions. You’ll be interested and vested in what you do, and that will make it far easier to find the time that you need to dedicate to wealth-building.

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

Time For Building Wealth:Do What You Know

Tuesday, August 5th, 2008

Free-time is hard to come by. Finding time to learn new things is hard, too. So why learn everything all over again? Why not stick with what you know for as long as it is useful to you? Why not apply the skills and knowledge you have now to your strategies for building wealth?

Maybe you are saying the answer to these questions is that you have no skills that lend to financial investment and wealth creation. I beg to differ.

Do What You Know Now

Very few people are at a complete lack of skills that can be utilized to create wealth. I dare say that if you are intelligent enough to recognize your need, to recognize the benefit of changing your financial future, and to take the action that has led you here that you most definitely have some skill that is usable for investing and making money. At the very least you have a desire and motivation, and the ability to learn and grow. That’s nothing worth ignoring.

If you look within yourself chances are you have much more. It could be something as practical as having home maintenance skills—even as simple as knowing how to house-paint—a talent to be applied to real estate investing. Or it could be something more academic like a propensity for mathematics and records-keeping—a talent that surely helps in valuing stocks and shares. There is something there, and for sure you will find one or more pathways to investing where it will prove useful.

Prioritize Learning Time

Of course learning new skills is not a bad thing, but it does take time. By using the skills you have readily available now you can devote that time to getting a financial education—to empowering yourself for wealth. Spend that time learning the more important aspects, and then later, with those firmly under your belt, move on to pursue more interests. In the meantime, why waste time? Put your own skills to work today to create wealth tomorrow.

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

Time For Building Wealth: Do Less

Sunday, August 3rd, 2008

wealthyPerhaps I was hard on you in the last post, so let’s lighten it up a bit and see if we can’t do something real to alleviate your pressure and open up some time so that adding more to your day can be less taxing. In reality there are few people who get time-management right. Few people are as disciplined as they could or should be, and so the bulk of us are wasting time that could be used instead for something really good—something like getting rich, building wealth. That’s a pretty good reward for a little more discipline, isn’t it?

Don’t Find Time, Make Time

You cannot find time. It already exists. You already have all the time you are going to get. So if you are spending your days looking for more so that you can start to create wealth, you will be disappointed. The time is there, you just need to find a way to make it happen for you.

One way to make time happen is to take away that which steals it from you. You may think this is impossible, but for most people it is not. Let’s take a look, then, at the things that can possibly go.

• Mindless entertainment—relaxation is important, but if you could give up some mindless TV, movies, or trashy novels you can replace them with educational wealth videos and podcasts, financial empowerment books, and motivational CD’s.

• Time wasters—there are so many possibilities here it seems an endless subject. Are other people wasting your time? Don’t let them. Do you talk on the phone too much? Email too much? IM? Spend more time than is necessary in meetings and travel (can you work from home and spend less time commuting)?

• Obsessions—some of us do things too well—things that don’t really matter that much. Maybe you vacuum three times a day or obsessively check your email. Figure out what is necessary and good, do that, but nothing more.

I’m sure you can add to this list. Maybe you can even give me some tips. If you can please do. We all need more time for what is most important, beneficial, and productive. We all need more time to prioritize our financial futures. We all need to make that time.

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