Archive for the ‘Financial Education’ Category

Opening Up About Money With Kids

Sunday, August 16th, 2009

Another topic from the past week that I’d like to skip back to and expand on for a bit is the discussion we had about the children in your life and the greatest gift (after love and support) that you can give them to prepare for the future: the gift of positive financial mindset from the start.

The Right Start

As we’ve been talking about, our adult financial management and attitudes toward money and wealth are direct products of our upbringing and all the experiences we’ve had with money up until now. We can give our children immensely successful head starts by helping them develop their mindsets in positive, productive ways. We can help to mold their experiences with money so that they do not end up as adults who think money is evil or who live in denial of money. By hand-picking our contributions to our children’s financial mindsets, and helping them to deal positively with their financial experiences and money decisions, we can start our children off on the right financial footing.

Make Money Part Of Your Life

If you think about it, and again this is no scientific data, but I do think you can relate, most of us grew up with parents and adults who were very closed-mouthed about money; or, if we did hear about it, it was often because we could not afford something or we were denied something, or there wasn’t enough, or someone had to work too hard for it. The list could go on and on, but I think you see my meaning. Little was imparted to us, and that which was, was not very positive; and there were hardly ever enough details given to qualify the statement or issue at hand, so often we thought worse of a topic than what actually was.

Now, as a parent of course I understand not wanting to worry your children about your adult financial needs, or the stress that you might feel over money and finances. However, if you can pick and choose what you bring to light to your children, take some care in how and what you present to them, and present money and finance in a positive light—for example, as choices and options rather than wants and needs, as possibilities for building wealth and so on—all the while teaching them what money really is (a tool for them to mould and to utilise), your children will be so much farther ahead than we were, and will know that life is full of possibility and opportunity, and not just a practice in drudgery.

Don’t be afraid to conscientiously open up to your children. Talk to them about money, teach them about mindset and the possibilities before them, and watch them grow into some of the most successful people you know. If there is a dream more worth aiming for, I’m not sure what that would be!

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 - 2009

It’s All In The Past

Saturday, August 15th, 2009

As we talked about yesterday, you will have to confront your emotions about money and the factors that contributed to them; some of those contributors will not be pleasant to deal with. You may find yourself reliving old disputes, quarrels, wrongs, wants and needs, among many other things; but none of this is anything to fear.

The Past Cannot Hurt You

The only reason you need to confront your past is so that you can figure out the causes of your financial emotional state. When you know what those are, you’ll know how to deal with them. You’ll be able to rationalise with yourself so that you understand the why of how you got to where you are and you’ll be able to deal and heal those experiences that may be lingering and never dealt with, that may be quietly sabotaging your best wealth-building efforts.

Note this one thing—none of this is designed to cause you more pain; if you continue to look at it as a problem and solution, and know that the past is over and done with, that those experiences cannot hurt you anymore, then you have nothing to fear. The past has no power over your life now or for the future—not once you deal with it, put it in its place, learn from the experience, and categorise it as such—a learning experience.

Cleaning House

Think of this process as nothing more than house cleaning. You are cleaning your mind and de-cluttering your mental spaces so that you can make room for the better things that will come your way. You are kicking out that old roommate negativity so that there is plenty of space for your new life companions, positivity and success. You are simply cutting the lifeline of attraction to negative thoughts and financial want and stress, and making room for the positive financial and successful thoughts that will attract what you really want…more positivity and more success, and finally financial freedom.

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 - 2009

Making Impatience Pay

Tuesday, March 10th, 2009

On the one hand, you’ll hear me say (repeatedly) that there is no way to “get rich quick.” I’ll stand by that stance, as it is absolutely true. However, there is a way to get rich quicker, and that is to find yourself a good program for wealth creation and get an effective, efficient, financial education.

Information Overload

You see, there is an absolute proverbial ton of excellent information out there that will tell you what you need to build wealth. From books from the top scholars and wealth creators to articles and seminars and wealth creation homestudy courses, there is an absolute abundance of information on the subject. Add to that pile the plethora of scams and schemes and trash, and you have a situation primed to overwhelm you and dash your chances before you even get started. Even looking at just the real, viable, reputable and proven information alone, there is a definite case of information overload going on.

Starting Ahead Of The Curve

Those people who do manage to wade their way through that overload of information often spend years doing it. Years! That’s a long time to spend in research when you could buck that trend, start ahead of the pack, and be taking action toward creating wealth. In a matter of months, with the right wealth creation program, you could be reaping the benefits and meeting your first-line goals for building wealth and living financially free. You just have to know that you do not need to “know it all” and choose just one or a few of the best of the best from that pile of information.

This is what the best wealth education programs do. They compile the best of the best, and deliver to you one message, one system, and one reliable strategy for reforming your entire lifestyle and meeting your financial goals. They take away the hurdle of information overload, give you a definite and defined starting point, and then continue to lead you down the path to success and financial freedom. None of this happens overnight, but with your commitment it will happen. The best part is, you won’t have to feel guilty about being impatient, because finally what you might consider impatience, is really efficiency, and it is the best way to make your efforts pay off, and in record time to boot!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2009

Don’t Deny It!

Thursday, March 5th, 2009

If you’ve been following along over at the 21st Century Academy Blog, then you’ve already been a part of this discussion. What we have been doing over there is slowly working our way through Jamie McIntyre’s seven-day Wealth Vision video series, and combining that with posts which follow along in his book, What I Didn’t Learn At School But Wish I Had. In the beginning I thought to move through these videos very quickly and just touch upon them, but this turned into a much more in-depth conversation of the book, so we’ve slowed it down to take our time and enjoy it, and that’s okay, too. We’re getting a lot out of breaking down Jamie’s video messages and his book—why don’t you join us?

At any rate, my intention with that was to introduce this concept, one that is really so central to any success with money. It is the concept of denial; or, more accurately, of living in denial of our interest in money. You see, most people deny that they are interested in money. We say we don’t need it, or don’t care about it, or that there are more important things in life; and that last point is not entirely untrue, it’s just that the way we go about getting money so that we can have and attend to those things is exactly opposite of what we are hoping to achieve by making money…or by saying we don’t need it.

Who’s The Master?

The average person places money in a position of much greater importance than he or she is willing to admit. We’ll say money is not important, but we’ll dedicate the vast majority of our waking hours to chasing money, working (usually for someone else), and not spending time with our family and those who are important to us, or in doing the things we really want to do. We’ll allow money issues to destroy our relationships and marriages. As Jamie McIntyre’s millionaire mentor said, it’s a classic case of denial.

Something else he said is that if you do value other things, and do care about having a quality life, you have to learn to master money. You cannot make money your god and let it control your life. But that is exactly what the vast majority of people do.

Denying money a place of importance is not the way to make your life a priority, not in the modern world where money is, undeniably, an important factor. Admitting that money matters does not make you a bad person. If you value your life you should value money, but in a way that allows you to control it, so that making money is not the controlling factor in your life. This “subtle shift” in thinking (as Jamie calls it), makes a world of difference, and will make all the difference in the quality of your life.

Read more about it–get your own free copy of What I Didn’t Learn At School But Wish I Had; you’ll find this discussion on page four of the book.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2009

Choosing The Best Wealth Creation Program

Tuesday, February 24th, 2009

In the last post we talked about how being prepared is the best way to overcome the fear and hesitation that holds us back from creating wealth. Choosing a top-notch wealth education program is one of the absolute best ways to do that.

What The Best Wealth Programs Look Like

What we find a lot of the time is that people don’t really know what they are looking for in a wealth education program. Often people think it is all about finding a program with a proven investment strategy or money-making plan. Really, that is only a small part of it.

Wealth creation starts first with you being prepared to follow it through. It starts with you developing the mindset to allow yourself to succeed—a mindset that breaks down the barriers that have impeded your financial success up until now. So, first and foremost what you are looking for in a financial success program is one that teaches you how to succeed first—how to develop the millionaire mindset.

Top Qualities Of Top Programs

In addition to this, you also need to look for some qualities that the best wealth creation programs have; find a program that is

• Established
• Proven
• Reliable
• Workable for you (something that fits within your life and time constraints)
• Understandable (in other words, that does not speak above you with a lot of complex financial theory and jargon)
• Well-rounded in both mindset and financial strategy
• Reproducible (because you want to make money for the rest of your life, not just once—so what you learn should be reliable for all future wealth and investment endeavors)

A program like this will prepare you very well for making money and achieving financial freedom. And with preparation like that, there’s no need to let the fear of failure overtake you.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2009