Posts Tagged ‘becoming wealthy’

You Do Not Have To Win The Lottery To Become Wealthy

Monday, December 14th, 2009

Many, many people are willing to throw away their money buying up lottery tickets in hopes of becoming wealthy. It is easy to feel sorry for these people because they believe that their only path to wealth creation is to come up with the right numbers at the right time. However, it is possible to create substantial wealth without buying a single lottery ticket.

The truth about lotteries is that they are designed to create and prey on losers, and losers never become wealthy. Typically, lotteries only pay out up to forty percent of the money that goes into them, and that is not paid out in big prizes usually. Your chances of actually winning a large prize are generally below one in millions. Playing the lottery is not a dependable way to create wealth.

The Secret

The secret to successful wealth creation is knowing the difference between liability and asset. Assets are things that you pay for that will bring you more wealth without you having to work for it. Liabilities are things that cost you money, and you still have to work. For example, many people chose to invest in the real estate market and rent out properties to create a passive income that continues to make money without the investors having to work.

If you are ready to become wealthy, then it is time to stop wasting your money on useless lottery tickets and start spending it on profitable assets. It may be a little rough at first when you are just getting started because you are new and inexperienced, but once you learn about investing in assets, it will only get easier. The best part is your income will continue to rise as you continue to make wise investments. Investing in assets create a positive income flow, meaning the more assets you have the more money you make.

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 – 2009

Why Everyone Is Not Wealthy

Sunday, October 4th, 2009

Today, it seems as if the majority of the world population is not willing to do what is necessary to create wealth successfully. With just a couple of little changes to your daily routine, you could significantly increase the amount of wealth that you build over your lifetime. You must be able to recognize that becoming wealthy will change your life, and the road to great wealth is quite a journey.

Develop Your Natural Skills

The fact is that anyone, no matter what race, age or background you may have, has a chance to build substantial wealth. Yes, there are a lot of classes and workshops out there that can help you hone your wealth creation skills, but the truth is we all have a moneymaking gene; we just have to be willing to put it to work. The secret to creating wealth is that you must be willing to learn and develop the characteristics and habits that you need in order to reach you goal of true wealth.

Believe In Your Wealth

If you want to achieve wealth, you have to believe with all your heart that it can be done. The laws of attraction are a powerful force; therefore, if you think you can, you can. You must develop a wealth mindset. Once you have your mindset on wealth, there will be no limits to your prosperity.

You may find a few setbacks along the path to true wealth, which is to be expected. You must have the willingness and desire to pick yourself up and start going once more, no matter how many times you fall. Keep in mind that if you never stop, you will be unstoppable.

To overcome a setback, simple retrace all of your steps until you find out where things went wrong. Once you know what mistakes were made, you will be able to learn from them. Better yet, invest in time with a mentor who knows all of the trials and tribulations on the way to wealth. You will be able to learn from their mistakes without having to make any of your own.

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 – 2009

Improbable Wealth

Monday, August 3rd, 2009

If you survey a cross section of the population and ask them if becoming wealthy is possible for the average man or woman, you will probably get a very negative response by and large. As an entirely non-scientific estimation, I would venture that your response will be somewhere between 90 and 95 (+) percent of respondents who will say that no, the average person will never be wealthy, and that wealth is unattainable for the regular man or woman. In many ways their predictions will be right, but not for the reasons that they will give you.

Wealth Is Improbable

build-blocksWealth is improbable for the average person; the statistics prove it. The average man or woman, by the age of retirement, will be either dead, broke, or relying on someone else (family, government, or both) for their financial and living support. This is what working hard all your life gets for more than 96% of the world’s developed population. That makes becoming wealthy a highly improbable occurrence, at least if you look only at the statistic numbers.

Wealth Is Not Impossible

However, if you look at the reasons why this is true, then you can begin to see that while wealth may be statistically improbable, it is not at all impossible—so that 95% would still be incorrect.

Wealth is not statistically improbable because those 96% do not have the ability to build wealth; it is improbable only because they do not believe that they can. They believe more in the impossibility of becoming wealthy, and so they become convinced that there is some reason why they and all the people like them cannot be. What they ignore is the fact that the wealthy are just like them, too—there’s nothing different about them except for the fact that they have at some point become privy to a different kind of financial education (formal or informal) and they have a different mindset and attitude towards money and wealth. They do not, however, enjoy significant differences in intelligence, and not necessarily in opportunity (some will, some won’t, but even those who do have more opportunity to begin with will lose it and wind up without wealth without the right management, strategy, and attitude).

The numbers may prove that wealth as it stands today is an improbable thing, but they say nothing about the possibility of becoming wealthy—they only reflect history, not future wealth. The future is yours to create and change.

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 – 2009