Posts Tagged ‘creating personal wealth’

Self-Control to Build Wealth

Saturday, July 10th, 2010

Self-control is the main ingredient to any wealth creation recipe. The formula for creating personal wealth is around ten percent know-how and the other ninety percent comes from practicing the correct habits that lead to successful wealth creation. It is not possible to achieve financial freedom just by having money. Financial freedom comes from sticking to the right principles and following the best financial management policies that can only be achieved through commitment and self-control.

Self-control is something that must be achieve in both the body as well as the mind. Self-control is not simply mind over matter; it takes a great deal of mental energy, which in turn requires physical energy. Consider how difficult it is to keep your focus when you are too tired. In order to develop greater self-control and achieve your goal of becoming financially free, you need to find a way to increase your physical energy.

Your physical health has a direct impact on your ability to create wealth successfully. In order to keep the medical bills from hampering your plans to be financially free, it is important to maintain a healthy diet and exercise plan every day.

Some people believe that thinking constantly about achieving personal wealth will attract wealth. However, many people are more skeptical. On the other hand, you do need to take control over both the mind and the body to create wealth. Take the time to exercise your mind, developing a wealthy mindset and preparing for the riches that you have coming your way.

Meditation is one method that many wealth minded people use to keep their thoughts on track. It only takes fifteen minutes every day to experience the benefits of focusing on your wealth creation goals and taking total control over your mind. Spend this time thinking about the goals that you plan to accomplish within the next thirty to ninety days.

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 – 2010

Take Your Cues From You

Saturday, June 6th, 2009

We’ve been talking a lot about attitude and emotion and how you “should” feel about all manner of things from the local and world economy to the investment climate to the fitness of the world for wealth creation. We discussed not letting others dictate how you “should” feel about all of this, and instead being in control of your financial emotions. Now, let’s refine that a bit.

Who Cues Your Financial Emotion?

Does watching the news or the daily market report leave you feeling despondent? Do you shake your head through the entire newscast and leave your set feeling worse than when you’d arrived? Do you generally feel good about your financial position or your daily living and feel that with some concerted effort to build wealth you could be quite comfortable….but then lose that feeling as soon as you read the next internet or media report on the state of the country or world?

emotional-cuesIf this sounds familiar, you are taking too many cues from the outside world and not trusting your own instincts enough. And that will become, if it hasn’t already, a big problem for you as you continue to work toward personal wealth.

When you take your financial/emotional cues from others, you do a couple of things:

• You undercut your own confidence and ability by essentially telling yourself your own instincts and emotions are not trustworthy.
• You back-step and undo everything in wealth creation that you have already accomplished.
• You start living with a scarcity mindset instead of an abundance mentality.
• You attract more negativity and scarcity to you, instead of abundance and positive energy.

All of this makes it very hard to build wealth and achieve the end goal of financial freedom. The case is certainly not hopeless, though. All you have to do is rebuild trust in your own emotions and take your cues from you, not from the outside world.

People actually have a very good sense of the potential of things, we just suppress it. Take life head-on, trust your feelings, and continue to remain positive about any endeavor, and you will surely be an unstoppable force in creating personal wealth.

Sean Rasmussen
Success Communicator
Aussie Internet Marketer © 2004 – 2009