Posts Tagged ‘Financial Education’

Credit Kids With Real Wealth Knowledge

Tuesday, August 19th, 2008

educationIn 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

brainThe 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

Be More Than Average

Sunday, August 17th, 2008

FinanceAnother 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

willingWhat 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

Building Positivity And Success For Financial Success

Wednesday, August 13th, 2008

moneyA consistent life of positivity and success and appreciation is what moves you forward to financial success. But as we discussed, it’s hard to keep the focus and maintain that much needed level of successful consistency into your life. It’s usually not enough to read something positive once, even if you accept it as absolute truth, and stay motivated, maintaining that feeling of accomplishment and financial empowerment.

We all know the feeling that we get when we read or study something motivating and empowering. We all know what it’s like to spend some time with a motivational book or wealth creation course, and come away feeling like we can conquer the world. And we all know how easy it is to lose that feeling when we get back into the groove of daily life. The question is, then, how to maintain that feeling and consistent spirit of financial ability and achievement?

Tips For Staying Positive And Focused

What I’ve compiled here is a quick list of some very simple ways to keep that feeling and positivity so that you move forward and also attract more positivity and accomplishment into your life.

• Write down goals

• Reread goals on a daily basis as a reminder of what you are working towards

• Place pictures in strategic locations that represent what you want to have

• Place motivational quotes and sayings in places where you’ll see them

• Keep a journal of successes and/or abundance—things you can be thankful for, scouting out the wealth you already own

• Appreciate your life, everyday—appreciate that you are alive, that you are capable, that you have what you do have—be positive!

• Make a list of your accomplishments—at the end of every day, write down 3 or 5 things you did that helped you create wealth and achieve financial success

• Exercise—because feeling good physically improves your attitude emotionally and psychologically—your mindset!

As you can see these are not things that take up a lot of your time. They are not things that have to consume your day, or keep you from your responsibilities and wealthy actions. They are small, simple changes that you can make, things that take from just a few seconds to just a few minutes. But they are all motivating just the same.

More than anything what we need to remain consistent and motivated are small reminders throughout our day. That’s what we’ve got here in this list above. I’m sure there are more, so please share in the comments what works for you—what do you do to stay consistent and hold onto that feeling of positivity and financial accomplishment and possibility? What of these do you agree with, or intend to incorporate into your daily life?

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

Time For Building Wealth: Do More

Friday, August 1st, 2008

There aren’t always nice ways to find time to see to our own wealth creation. Sometimes the answer lies in taxing ourselves more, pushing ourselves harder, and taking more upon ourselves. I wish I could tell you that this wasn’t something that you might need to do, but it is a plain and simple truth—sometimes the road to wealth means sacrificing and working harder.

Put More In, Get More Out

The more you put into something the more you will get out of it, yes? So the more you put into your day the more you will get out of it, true? If you want to start progressing in your efforts to make money and secure financial freedom, you just might have to take a little less leisure time or even get a little less sleep to get it done. If there is nothing else to give, that may be the only way.

Sometimes the only love is tough love, and the answers aren’t all rosy. But you know as well as I that the sacrifice and the added work will be worth it in the end. And as soon as you start to see the benefits of that additional load you can begin to relax elsewhere (such as at work) and enjoy the fruits of your labor.

The fact of the matter is that nothing comes from stagnation. The only thing a lack of action attracts is more lack of action. To make things happen, to start seeing a return on your time and financial education, you have to act in some way. There has to be time to do that or there will be no progress.

No doubt many of you are thinking that your lives are already too full. That is a primary motivation for wanting to be wealthy. And no doubt it is very true. But the fact remains that only you control your financial destiny, and only you can make it change. And the only way to do that is to start acting now and eliciting that change. So if it means you have to find an extra half an hour or hour that is what will have to happen. Put more in, and you’ll be rewarded for your commitment and dedication to your personal wealth.

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

The Order Of Wealth

Monday, June 30th, 2008

Wealth is a continuing cycleThere is a logical order to the way that things are obtained, or the way that you become what you want to be. Before you can have something (or be something), you have to act to get it. Very few things will come to you in life without your having first taken an action that sets you on the pathway to getting it. In fact, in reality, nothing comes to you absent of some action, some decision and choice, at some point. Even if it’s as small as deciding to be where you wind up being.

The Cyclical Order Of Wealth

In order to create wealth, then, you have to take action. You have to choose to do things that put you on the path to becoming wealthy. You have to do things that will obtain wealth for you.

There is a cyclical nature to all of this, though, and it is one very much related to another post in which we discussed being what you want to be. In order to be wealthy you have to be wealthy from this point forward. You need to stop thinking of yourself as anything but wealthy, and believe that you are a wealthy person. There is a good reason why this is so.

Wealthy people take wealthy actions. Poor people take different actions. They do not do things that create wealth. Wealthy people do. When there is no wealth-creating action, there is no way to have wealth. That action is the necessary middle step.

I doubt that this comes as a surprise, since we’ve said this so many times before—the wealthy do things differently. The wealthy live differently. They spend differently. They manage money differently. The wealthy do the things that use money to build wealth, while the poor continue to struggle while letting money run through them.

The path to having wealth, then, starts with being that person. It continues on when you act in the way a wealthy person would act—take the actions you, a wealthy person, would take. And the last part of it, the getting or having part, comes as a result of those first two factors. The chain breaks without either of these two essential links. But when kept together, they come back on themselves and begin to create wealth all over again.

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