Wealth Creation Blog

What I hope we’ve all learned from Mr. Rush Limbaugh, in case you didn’t already know it, is that recession and financial stress is optional. How so? Because recession, as with all economic ebbs and flows, is ruled by emotion. Yes, there are tangible market factors which can be pointed out to determine what is and is not a recession, but in the end history tells us that market turns pivot on one thing—the collective emotion of investors and consumers.

Nothing New

This is not a new concept, especially for those of us in wealth creation circles. We’ve heard this from such historical experts as Napoleon Hill and Wallace Wattles; we’ve heard it from modern experts like Jamie McIntyre and his contemporaries. For every major market turn, you can trace a line back to the fear and anxiety of the market that drives it.

Assuming this to be a given amongst us, the discussion turns to this:

What Can You Do About It?

You can do just what Mr. Limbaugh is doing.

Refuse To Be A Victim Of Recession

Create your own destiny by creating your own wealth. Educate yourself in as many ways as you can so that you have financial investment tools to use in every market; because really, every market creates an opportunity. You just need to be in a position to capitalize upon that opportunity.

The first and foremost thing that you can do about weakening economies is to develop the mindset of success that will see you through them. That is the basis of the 21st Century Academy. It is the basis because it is the foundation of financial success. Men like Rush Limbaugh, love or hate him, are proof positive. He maintains a mindset of success and well being. And he is successful and well-off.

The consumer or investment market cannot take your mindset away from you. Only you can do that. So, the markets cannot force you to be victimized by them. Only you can grant that permission, too. Refuse to participate. Refuse to be victimized. Insist on being a success in each and every economy throughout your successful life!

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

Acquiring 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

Perhaps 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

For anything you do in life the rallying cry is to set a goal! Set a goal! Decide what it is you want and set clear, defined, detailed goals. Decide

• What you want to achieve

• What you want to have

• When you want to have it

• How you will go about getting it

Certainly this is something we talk an awful lot about in our pursuit of wealth and financial prosperity. In that regard this also includes

• What amount of money in the bank, income coming in, and/or valuable assets will make us rich—will be our goal!

In all of this we are always looking forward, always thinking about the future, always making changes and doing today for tomorrow.

I’m not about to tell you that there is anything wrong with that. To be sure this has been my own rallying cry to you time and time again. And I too place a great deal of importance and focus on my goals. But with all this looking forward we are at risk of not knowing what to do when we get there.

What Is The Next Step?

Hopefully you’ve been setting goals incrementally as you set your larger goals for financial freedom. If you have you will be meeting some of those goals on a regular basis so long as you remain dedicated to them. Nevertheless we all have at least one big goal that we work to achieve—one goal that represents financial freedom to us—that represents wealth!

So what are we to do when we meet that goal?

Keep going! Why stop there? What many find is that the goals that once seemed so large now pale in comparison to the possibilities that lie ahead. With the toil of making it this far behind us, a whole path to future financial prosperity opens before us. It’s a simple path because we’ve done it all before and an exciting path, too, because now we know there is so much we can do when we just set our wealthy mindset to it.

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

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