Wealth Creation Blog

One of the best quotes that you could embody and accept as truth is this one –

“My life is all about choice.”

Why is that so critical? How could something so simplistic be so imperative to creating wealth? Let’s explore that now…

Why Choice Matters

There are many obvious reasons why having choices and options is important. When you have choice you can choose what you want to pursue, what interests or direction of wealth creation you’d most like to explore. But there is an even more fundamental reason why choice matters, and that comes down to the power within you.

Choice Is Power

Having choice, having the ability to choose for yourself, is equal to having power. When you have choice you are not some impotent being who is living life at the mercy of others; you are an omnipotent being who has the power to decide the course of your life.

This freedom of choice is powerful for the small decisions, but it is very powerful in larger matters, too—exponentially more so, all things being equal. But let’s take a look at one of the most basic realizations you need to come to in terms of choice; one that will reveal a whole new world of financial possibility.

The Power To Control Your Money

We’ve talked and alluded to this in other posts. One of the most powerful tools you have is the power to control your money. Now, a lot of people will say that this is a power that they do not have—that their creditors, bankers, and bill collectors decide where their money goes. But that is not true. You make the decisions regarding how to manage those bills and demands. You decide to relinquish your power to the money managers.

This does not mean that you do not meet your obligations, but rather that you find new ways to do that—ways that prioritize your choices and your money. It is a very empowering thing to realize that you do, in fact, have money and have choices and options with it. When you realize that you are really in the seat of control, suddenly all the doors to investment and building wealth swing open to you.

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

Do you know what the difference between the journey of success and the journey of failure is? It’s one small step.

Where Most People Fail To Build Wealth

We talked about how the difference between the wealthy and the successful and the unsuccessful is the willingness to do what the average person will not and does not. And that willingness—the very difference between the wealthy and the financially struggling—comes down to one point in time. That time is the point where most people stop, throw up their hands, and give up in despair and defeat.

Most people fail at building wealth not because they aren’t capable, but because they believe they are not capable. And it would only take one step—one action—to move beyond that point to become a person of wealth and financial means.

Going One Step Further

All journeys begin with one step. That is not a new concept, and I’m sure you’ve heard it before. The longest voyage (which wealth creation is not, by the way) starts with just one forward motion. One step beyond that point where you might feel like giving up is the difference between success and failure; the difference between financial wealth, abundance, freedom, living well, and continued financial struggle and stress.

Knowing this is a powerful thing because there will be times when you feel like giving up. There will be moments when you think wealth is too far away from you; where you think it will just take too long to get there. And you will be tempted to give up—to resign yourself to the life you are living now as one that is comfortable enough and familiar. But then in a few weeks, or maybe just days, when you start to feel financial pressure again you will be back here, looking for more ways to achieve financial wealth. So it is best to know ahead of time that these moments are inevitable, and to know that all it takes to get past them is one more effort—one step further.

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

P.S. Get my latest book: The Secret Law Of Attraction and learn some key areas that will attract wealth in your life.

As we’ve got kids on the brain today, it occurred to me that we could learn a thing or two about wealth creation by being a little more childlike ourselves. Kids don’t come with all the baggage that adults do. They have stronger belief-systems and better confidence. Those are all things that could go very far for us as we work to empower ourselves financially.

Be A Kid Again And Be Wealthy

Let’s take a look at some of the characteristics that children retain, but we so often lose as adults, that could return dividends for us as we work to build wealth.

• Curiosity. Kids are curious. With a little more curiosity and interest you might enjoy exploring money, wealth, and finance more. You might find a whole world of interest you never knew existed within you.

• Energy. It takes a lot of energy to do what we have to do in life, and added energy to pursue wealth creation while you also try to survive financially in the meantime. And as we know, energy attracts energy, then action, prosperity, and wealth. Find ways to be more energetic and be more wealthy.

• Motivation. Kids are motivated easily by what they want. You know you want money, wealth, and financial freedom and prosperity. You just have to learn to trust your own intrinsic motivation—stop working so hard at it and listen to your inner voice!

• Enjoyment. Kids enjoy life. Do you? Do you enjoy what you do? Find enjoyment and you attract enjoyment, and positive energy, and wealth…

• Fearless. Kids do not know fear. They do not let fear keep them from doing things that excite them and motivate them. Few adults can say the same. Think of all you would have done by now if you never listened to that nagging voice that stops you from pursuing wealthy ideas.

It often seems that, as much as we try to teach kids how to be, they have the right of life at heart. Children enjoy life and they know how to make the most of it if not meddled with overly much. If as adults we can capture just a bit of youth, we, too, can do great things—without fear, and with a positive energy that attracts great things.

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

In posts past we’ve talked about how it is important to include kids in your financial plans for wealth creation. We’ve talked about how much better the start in life for our kids could be if we applied what we know about financial empowerment and building wealth from the start. Every now and again I like to dedicate a post or two to these types of topics in the interest of building a better, simpler, wealthier life for the kids.

Giving Kids A Wealthy Vocabulary

It’s a lot easier to raise children with a wealthy mindset than to try to correct it later. I think any of us here who have been through this process, or are going through it now, could easily agree. And one of the ways we can make their lives easier from the start is to give them due credit for understanding the concepts and the language of wealth.

When you talk openly about finance and wealth with your children, you suddenly strip away the many barriers that go up in our paths to adulthood. You prevent children from forming the attitude of negativity around wealth and money, and negate the need for them to have to work to break down those walls later.

Meaningful Language

The other thing that you do when you use real, meaningful language with children is teach them real, meaningful words and concepts. This is important because if a child knows the words and understands their meaning, they can learn from anyone who is speaking it. That educated child will be able to read and learn and recognize what it is they are exposed to. They’ll be ahead of the game because they will have that innate knowledge from the beginning, and so they can continue on to wealth and prosperity instead of just getting started (or worse, having to recover and relearn things they should have known all along—if only our traditional education would catch up to real, meaningful financial management and education!).

It’s a great thing that an adult does when they recognize their ability and right to wealth. But it’s an even greater thing they do when they pass on that knowledge and power to another, and give a child a strong financial start to life. Have real, meaningful financial conversations with the kids that matter to you and help them to a better life-start.

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

Another leading wealth creation and success mentor would tell you that in order to have what most people do not have you have to do something that most people won’t do; “go the extra mile” comes to mind, but it is really more than that. It’s not necessarily a longer path, but a different path. But it’s a path you have to be willing to take nonetheless if you would be wealthy.

How Rich Is The Average Man Or Woman?

To prove the point, I would ask you this—how rich is the average man or woman? Is the average person wealthy and financially stable? Financially free? Or is the average person under financial stress? Struggling to survive while working their lives away for someone else?

We all know the answers to these questions. Now I would ask you—what sets apart the people who are doing better than average financially? What’s different about the wealthy?

Willing Not Able

What is different about the wealthy is that they do what the average person does not. They are willing to do things differently. Willing. Notice I didn’t say Able, I said Willing. The average wealthy person is no more capable than you or anyone else. They are just more willing. They are willing to do things that the majority of people are not and do not do.

The willingness to be more than average, to be financially successful and build wealth is not really hard to achieve. It takes developing your mindset and changing your routine and habits, and it takes resolve, but none of those are things that are beyond your reach. All that you need to succeed and be wealthy is firmly within reach of you right now. You just have to be willing to face it and do what the rest of the world will not.

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