Posts Tagged ‘Finance’

Your Discomfort Can Boost Your Wealth Creation Success

Saturday, May 24th, 2008

Continuing on in your comfort zone may be impeding your ability to create wealth and enjoy financial success; in fact, if you are never pushing yourself outside of your comfort zone in some way, I dare say that comfort is severely impacting your level of success in wealth creation.

Comfort=Status Quo

It’s easy to just stay with what you know and are comfortable with in life. It’s easy to convince yourself that you are doing okay and don’t need to push beyond your comfort zone. It’s easy to stick with what you know. When you do, though, you never progress. Nothing ever changes. Life will be essentially the same tomorrow as it is today.

If you are truly in a place of financial success and freedom, capable of living a low- (or no-) stress life, enjoying all the things you want to enjoy, then that’s fine. But if you are just telling yourself life is good your reluctance to move beyond, to take on an amount of discomfort and make real changes in your life, becomes nothing more than a reliable excuse; in the end, you wind up living under financial stress, missing out on the things you wish you could accomplish…if only you had the financial means to do so.

Enjoy Discomfort, Enjoy Wealth Creation

Part of the problem is that people always associate discomfort with pain, when in actuality it is just a psychological phenomenon which, when taken head-on, becomes far less daunting and more achievable. Sure, the easy thing is to never push yourself, to never take on a new, possibly challenging task like learning about wealth creation, money, and finance. When we do accept discomfort like this as just a part of the growth and financial learning process, we give ourselves a great gift—the gift of opportunity, and the permission to move forward, learn, and succeed in wealth creation.

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

Strategies For Increasing Self-Worth

Thursday, May 22nd, 2008

Increase Your Income And Start Getting What You WorthWe talked before about increasing your income by getting what you are worth. No doubt plenty of you left thinking that is easier said than done. If it was that easy to convince your boss to give you that much-deserved raise, you’d have done it already, right? I hear what you are saying, but wealth creation does rely on your ability to access that all-important seed money for investment. And a great number of people have easy access to cash right at their fingertips—if they’d just be confident enough to get what they are worth.

This really goes back to the issue of mindset and determination; if you have the mindset of success, wealth creation will follow. If you know your own worth and believe in it, you will find financial success. If you are determined to improve your life through wealth creation, you will put in the effort to get all that you are worth.

Recognizing, however, that it can seem impossible to tap that worth, Jamie McIntyre has led the way. His method for increasing wealth by tapping self-worth is simple and straightforward.

Prove your worth

Many people have a small idea of what they are worth, but no real research to back them. Research, though, is no more difficult than a job hunt.

Take your credentials to other companies and see what they are willing to offer you. Compare that to what you are getting now, and then go to your own boss with the offers. In many cases, a company will sooner step up to the plate and give what they should be giving before they will lose a good employee to the competition (especially now that they know what you can do for that company).

Don’t go in haste, go with a plan. Try to get three offers to back you up. Show that your skills are valuable, that you are willing to move on, and also throw in some bit about the value that you add and can continue to add to your current company.

In the business world, pay increases go to those who ask for them. But yours will be better still if you do more than ask—prove your worth! Prove your worth (even though your company probably already knows), show that you have options, and be prepared to move towards those options if your current employer won’t match your terms.

You’ll know just where you stand in terms of worth and valuation. That’s an important lesson to learn on the path to wealth creation.

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

Why Bother With Financial Intelligence?

Tuesday, May 20th, 2008

You’ve survived this long without developing a financial intelligence, so why start now?

Well, you may have survived, but what is your quality of life? What is your understanding of money, finance, and wealth creation? Are you getting ahead or struggling as always?

If you’ve come to learn about wealth creation, I can only assume that you are not happy with the status quo. I assume that money is a source of stress and pressure, and that you’ve figured out that there has to be a better way—and that you’ve figured out that you need to get more of an understanding about money and investing.

That understanding, understanding that has the potential to make a difference and create wealth comes in two forms, primarily—emotional intelligence and financial intelligence.

Financial intelligence is very important because it is what teaches you about money and how to manage it effectively. This is the piece of the puzzle that puts your money to work for you and that gives you an understanding of important financial concepts, like

• Money systems

• What money is and isn’t (and what it really is and isn’t)

• Investment opportunities

• What assets and liabilities really are

Mindset will dictate most of what you do in wealth creation, and is the absolute key to creating wealth, but once you’ve developed the right mindset you need to know where to go with it. To be able to capitalize on that mindset you need to know how to apply your positive thinking and determined effort. What will show you that? Your financial intelligence.

But to get back to where we started, you need a financial intelligence in order to create wealth for a simple reason: you don’t have one now (unless you are already engaged in wealth creation or wealth education). What you learned in school was simply not enough, and to further and live in financial freedom, you will certainly need this additional knowledge.

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

Living A Life Of Quality For Wealth Creation

Friday, May 16th, 2008

From early in life, we have become financially conditioned to:

• Work hard

• Earn money

• Skimp and save money where we can

• Believe money is the root of all evil

We know that to succeed at wealth creation we have to work to recondition ourselves towards wealth. We have to accept that wealth is not a bad thing, and we have to start living the life we hope to have in order to attract more wealth.

One of the ways we change our wealth conditioning is by living a life of quality. To do that, we have to start with the way we live life everyday; with things as simple as the everyday purchases we make.

The wealthy live a life of quality, and that is exactly the life you are trying to achieve. The wealthy do not settle for the cheaply made and poorly functioning. They buy quality products within their budget, and they feel good about the things they buy and own.

And thus, they surround themselves with an energy and an air of quality

Now how is that different than what you are doing? Are you living a life of quality, surrounding yourself with positive energy and an air of success? Or are you settling for the ‘cheap and cheerful’ as Jamie McIntyre’s mentor calls it, and surrounding yourself with that?

Achieving the wealth creation mindset, the mindset of a millionaire, starts, in part, with living a life of quality—living the life you are working to achieve in its totality.

However, this is not a free-reign to bury yourself further in debt so that you can say you are living a life of quality for wealth creation. This is simply a change in your buying habits that entails buying the best you can afford, within reason and budget, and buying less.

Once you start doing this, it won’t be long before you start feeling its effects. You will begin to appreciate what you have more, value it more, value yourself more, and attract more quality to your life and finances. You will start enjoying the wealth creation lifestyle!

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

Do You Repel Wealth?

Wednesday, May 14th, 2008

Just as a positive wealth creation attitude will attract money and good things, a negative attitude will repel money, and act as a roadblock to wealth creation.

How Negativity Repels Wealth

Negative energy attracts more negative energy. When you live a life based in the belief that you are poor and limited, you will attract people of the same attitude. You will feed off each other’s misery and misfortune, and you will continue to place blame and find excuses as to why financial success will never be yours. You will create your own financial cycle and fulfill your own prophecy. You will repel wealth.

On the other hand, if you take steps to break that cycle and start living positively, start living a life of abundance and success, you will attract positive-minded people, people who believe themselves to be successful and accomplished. You will continue to feed off that good energy instead and create a circle of good around your financial house.

This concept should not be too difficult to accept. This happens everyday, and it often starts very small and spirals into something large and seemingly unmanageable.

Consider this scenario and see if it is not too far off from similar circumstances in your life.

• You start your day off nicely and in a happy mood.

• You trip over the dog and spill coffee all over yourself, ruining the suit you’d prepared the night before.

• You have to choose and primp an entirely new set of clothes.

• You now are twenty minutes late because of a misplaced step.

• You begin to hate your dog—despite the fact that he’s been a loyal companion for years.

• You finally reach the office, and vent to anyone who will listen,

• Soon, you all begin to commiserate about dogs and coffee, and vow to never own another pet or drink another cup of coffee.

• You realize it was your spouse’s stupid idea to get the dog in the first place, and now you and your co-workers are railing about the idiotic decisions your partners have made, and how they are all ruining your life.

Perhaps you read this with amusement and think it’s a bit far-fetched, but is it really? Think about the trigger of your negativity—it’s often something as silly as tripping over the dog.

The point of this exercise is just to get you thinking about how you react and how your reactions result in life-altering negativity. Start today in a small way to live a life of abundance and positivity, and you will be making steps towards wealth creation.

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