Wealth Creation Blog

We talked about how you need to be wealthy in order to have the things that a wealthy person has; in order to build wealth. But how can you be wealthy if you don’t know what that is? There is only one answer, then. To learn what it is to be wealthy.

What Is Wealth?

What is wealth? How do you learn what wealth is? What it is to be wealthy? Can you read it? Maybe. Someone else’s definition might give you some guidance, but more than likely you will have to define the term for yourself.

Wealth means many different things to many different people. Of course here we are mostly talking about financial wealth (although we also recognize that financial wealth contributes to other forms of wealth), but we do recognize that there is more to wealth than money. Wealth might also be

• Abundance
• Absence of need
• Happiness
• Contentment
• Success
• Enjoyment

…or anything else meaningful that you want to add to the list.

If we can accept things such as these as characteristics of the wealthy, then we can be wealthy in many ways even before we have the money that is so often used to define wealth (which is a subjective measure anyway).

The real point is that you can be wealthy, as we talked about, without money. You can be wealthy right now if you really want to be—if you decide to be. When you define what wealth is, you can change your thoughts to be wealthy thoughts. For instance, if wealth means absence of need, change your thoughts from being needy thoughts into being proactive thoughts. Instead of thinking you need something and you cannot have it, think that you are taking measures to obtain it.

You should create your own list of attributes and definitions, as wealth is personal. Develop that list, and then look for the possibilities within it-look for how you are wealthy now, and how you can become wealthier. When you do, you can start taking those wealthy actions, and then you will begin to have those things (money, financial wealth, things that money can buy) that wealthy actions reap.

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

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Just as the company you keep affects your financial success, the thoughts you think directly impact your results in wealth creation, too. Surround yourself with good people and good thoughts and you will be well on your way to living better with more money.

Think Your Way To Wealth

This isn’t a new concept in wealth creation; it was, in fact, the fundamental premise of Napoleon Hill’s Think and Grow Rich, and integral to Wallace Wattles’ The Science of Getting Rich. It is also a critical element in every wealth creation program from then up to today. Less formally, when we look back at the success of wealthy people all over the world and throughout history, we find that their thoughts are the common thread to their success.

I know that to any of you who have followed along on this or another of my blogs this is nothing new, either. Mindset is the first factor in financial success—or any success in life. But today I want you to think more specifically about the thoughts that you think, and less about your overall attitude.

Attracting Positive Thought

Basically what we’re talking about here is thinking in more positive and successful ways. Thinking that you are successful, not that you are financially stressed and hope to someday be successful. Turn each thought into a positive thought of wealth creation. Stop thinking that you can’t afford, and start thinking positively—that you are developing a plan to afford, or are building the ability to afford freedom. Look at how every thought can be turned into a positive, and disallow negativity from ruling the day.

Once you do this, the law of attraction takes over and your positive thoughts attract more positivity and success. Working as a whole, this conglomeration of positive thinking builds that positive mindset that you need to be the foundation of wealth.

Start attracting more positivity in your life—think success always, starting now!

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

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A lot of what we learn in wealth creation programs, including the 21st Century Academy programs and courses, is something that we come across again and again. At least, if you run in circles of financial empowerment you will. The more you read, the more you research, the more you watch or listen to, the more wealth building information that you access, the more you will see similarities and repetition. What can we take from this?

Great Minds Think Alike

Great minds think alike. There’s probably no more succinct way to say it. The reason that you will find much of what you see taught again and again as you pursue the various avenues of wealth creation again and again is that the people who have succeeded in creating wealth and gaining financial freedom have done so based on solid foundations of money, investment, money management, and mindset. Basically, they get it. And not surprisingly, what’s worked for one works for another. It’s the very reason that one person can teach another how to become rich—because it’s the same for all. You just need to learn how to do it.

Proof, Not Mindless Repetition

What we can take from this is that the recurrence of certain concepts of wealth and financial control are proof that these methods, strategies, and fundamentals work. This is not a case where uncreative minds come together and repeat what someone else has said. This is a case where groups of successful individuals have made money, built wealth, and passed on what it is they learned for the success of others.

If you’re doubt it, you have only to look at the track record of the one who is telling it to you—the expert behind the strategy or theory. Look for his or her individual success. It should tell you all you need to know to know who is really a leader in wealth education, and who is just following the masses.

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

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When people are looking to end their cycles of debting, one of the first steps—the only step, in the beginning—that they are told to take is to commit to stop debting, just for today. The path to debt reduction and financial freedom is based on a concept as simple as that. Don’t incur any new debt. Just for today. Just this day, do not charge on that credit card, or open a new line of unsecured debt (secured debts like vehicles and mortgages not being considered debt in this instance).It’s a very simple concept, and after seeing it, it occurred to me that this is a concept that can be applied to wealth creation as well. Build wealth one day at a time.

Any Progress Is Good Progress

Creating wealth is in many ways very similar to eliminating debt. Not really surprising, as all financial matters are relative to each other. But what I mean to say is that for many, creating wealth can be as overwhelming and intimidating as freeing oneself from debt. At the outset, it just seems too large a task. It’s bigger than we are. There is too much to learn, too much to change, and no money to do it with—often because we are stifled with daily debts and bills.

But that’s just a perception. The reality is much different. The reality is that anyone can get out of debt with the right plan, and anyone can become wealthy with the right plan. And in either instance, any forward progression is progress. Any small step is a step in the right direction.

Start Today For Tomorrow’s Wealth

No matter who you are, you can take a small step today to start building wealth. Just to get you started, I’ll list a few baby steps that can be done right now. Steps that will become your first steps to creating wealth and gaining financial freedom.

1. Read an article on wealth creation

2. Sign up for a wealth creation course

3. Research wealth-building programs

4. Put $10 in savings

5. Open an online savings account

6. Learn one thing about investing

7. Buy a financial empowerment book

8. Stop incurring new debt

9. Sell something and put the money towards your financial goals

10. Make a financial goal or savings goal

You see there in the span of about a minute I just gave you ten things that you can do to start building wealth. What else can you add to the list? Leave us your ideas in the comments. Let’s all take small steps to build big wealth!

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

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Continuing on in your comfort zone may be impeding your ability to create wealth and enjoy financial success; in fact, if you are never pushing yourself outside of your comfort zone in some way, I dare say that comfort is severely impacting your level of success in wealth creation.

Comfort=Status Quo

It’s easy to just stay with what you know and are comfortable with in life. It’s easy to convince yourself that you are doing okay and don’t need to push beyond your comfort zone. It’s easy to stick with what you know. When you do, though, you never progress. Nothing ever changes. Life will be essentially the same tomorrow as it is today.

If you are truly in a place of financial success and freedom, capable of living a low- (or no-) stress life, enjoying all the things you want to enjoy, then that’s fine. But if you are just telling yourself life is good your reluctance to move beyond, to take on an amount of discomfort and make real changes in your life, becomes nothing more than a reliable excuse; in the end, you wind up living under financial stress, missing out on the things you wish you could accomplish…if only you had the financial means to do so.

Enjoy Discomfort, Enjoy Wealth Creation

Part of the problem is that people always associate discomfort with pain, when in actuality it is just a psychological phenomenon which, when taken head-on, becomes far less daunting and more achievable. Sure, the easy thing is to never push yourself, to never take on a new, possibly challenging task like learning about wealth creation, money, and finance. When we do accept discomfort like this as just a part of the growth and financial learning process, we give ourselves a great gift—the gift of opportunity, and the permission to move forward, learn, and succeed in wealth creation.

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

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