Be In It For The Long Haul

To really be successful in wealth creation, you have to plan to be in it for the long haul.  You have to plan to do more than make the money you feel you need now so that you can develop sustainable wealth to support you throughout your life. 

Today’s Needs, Tomorrow’s Freedom

Today's Needs, Tomorrow's Freedoms Most often wealth creation is a second-thought for people.  They come after a lifetime of struggle or after financial defeat.  They come because they realize that the way they make money and manage finances isn’t working.  They come because they want to enjoy life again, and they know that they really do need money to do that. People become interested in creating wealth because they want to relieve current financial pressure.  That can be a strong motivator at first, but what happens once you’ve enjoyed some success, made some money, and built some wealth? What happens next depends on how you went about learning to create wealth. 

  •  If you used one or two investment strategies you read about and got lucky enough not to lose your investment money without first building a strong financial foundation (of savings and assets), but didn’t learn how to be wealthy, you will probably wind up losing whatever money you made.  You may find a way to start investing again, but if you haven’t fixed what was broken to begin with, your success in wealth creation will be marked by peaks and valleys with no sustainability.

  •  If you recognized that you needed to become both emotionally intelligent and financially intelligent, and first learned how to be wealthy, as well as how to make money, you will have laid a strong foundation in financial management that can be replicated, relied upon, and built upon.  You will have created lasting wealth streams and truly achieved the ability to be financially free.  You will be well on your way to wealth creation success.

The first scenario is not unlike the lottery winner.  The fact that most big winners wind up back where they started (or even worse off) shows that the solution to your money problems is not money, it is education and management. Commit to wealth creation by getting the education you need to succeed.  Do more than make money—make money for life. 

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

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