Posts Tagged ‘Financial Education’

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

Be What You Want To Be

Saturday, June 28th, 2008

Don't just think wealthy be wealthyIt’s not enough to know what you want to be. You have to be what you want to be. Mindset is more than about thinking about becoming, it is about learning to actually be that person.

Don’t Just Think Wealthy Thoughts, Be Wealthy

If your goal is to become wealthy, you have to start now and be wealthy. As long as wealth is limited to something that you will be in the future, you will not achieve that goal—because wealth will always be something that remains in the future, much like the many things on that endless ‘to do’ list that there never seems to be time to do.

If you are ever to be wealthy, you have to start today to be that person. You have to change your mindset to one not only of future wealth creation, but of actual success and wealth. You have to start believing, knowing, that you are what you want to be. You have to stop thinking and acting like a person that wishes and wants and start acting and thinking like a person that is and does.

You Are What You Think You Are

You are whatever it is that you think you are—you are whoever you tell yourself that you are. This is why it is imperative that you first be that person. Because that is who you will continue to be. If you are the person who is living in moderate means now, struggling and financially stressed, that is the person you will continue to be. And that is the house you will build. You will not create wealth; you will only create a stronger house of financial stress and moderate success.

If you are the person who is wealthy, that is the person you will continue to be. The house you build will be one of wealth. You will create a stronger house of wealth.

Poor people are not wealthy people, and wealthy people are not poor people. You cannot be two things at once! So you have to choose today which one you will be. And then you have to be that person. You can change who you are, but you have to elicit that change. Start today and be wealthy!

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 – 2008a

The Company You Keep

Thursday, June 12th, 2008

The company you keep influences financial successYou may or may not realize it, but the company you keep strongly influences your financial success. In wealth creation it’s a matter of attraction, and to maximise that attraction you need to know the rules.

The People Around You

“Opposites attract” does not apply to wealth building. In this case, the law of attraction is like attracting like. In the case of the company you keep—the people you associate and surround yourself with on a daily basis—you need to be keeping company with like-minded people who are dedicated to their personal success.

The more successful and positive-minded people you associate with, the more positivity and success you will draw into your life. Understandably you will run into people of varying levels of positivity and success. It’s okay to build your keep of company with a variety of individuals. The focus is on surrounding yourself with the right attitudes, not necessarily with people with the exact same experiences or strategies as yours (you’d have a hard time finding that lot of identical individuals, now wouldn’t you?)

If you want some proof of this, just think about the people around you or the people whom you know to be either successful or unsuccessful. Who do they associate most with? Who do they rely on for support or commiseration? How does each feed off each other? For positive moral support or for support of victimization and misery? Pay attention when you are with these different types of people and see where you find yourself being pulled—on to success and prosperity or down into negativity and self-pity?

If you take a look at different groups you’ll see that like-minds groups tend to gather and perpetuate the status quo. Through your online and offline relationships, perpetuate the status quo of success and forward movement. Surround yourself with the kinds of successful thinkers and doers that will promote the same in you!

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

Work To Live Or Live to Work

Tuesday, June 3rd, 2008

Are you devoted to your paychequeDo you work to live or live to work? This is a question that came up on a blog the other day. Granted, it’s not the first time the question has been asked and unfortunately it won’t be the last, either. Until you learn how to take control of you financial future, this will always be a quandary you live with.

Cultural Implications Of the Work Ethic

The proportion of our lives that is devoted to work is in part cultural. In other words, some cultures dedicate more of their lives to work than others. Americans are famous for it, but increasingly Australians, British, and people from all countries are losing that focus and becoming entirely consumed by their work. It seems as though with globalization and the now global nature of always-on ecommerce that the cultures that used to have a pulse on what was really important in life are losing that perspective and falling slave to the paycheque. It seems that the harder we try to simplify our financial control and build wealth for a better life, the worse we do at it.

Can We Change The Way We Work?

So the question is, with more and more people living to work instead of working to live, can the cycle be broken? Or are we at risk of perpetuating a life focused on work for pay?

When we speak in terms of the majority, it would appear that we are at risk of doing just that. And it’s really such a shame, because with the opportunities available to us for creating wealth and becoming financially free without missing out on life, we should be trending more and more towards that life of freedom. We can do it. We all can do it. But we do have to first take stock of our lives, and reset our financial programming. First, we need to commit ourselves to working only to support life, so that in time we can minimize the work, and maximize the living.

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

What Do You Need In Life?

Monday, May 26th, 2008

Understanding your needs—all of your needs, even the most basic ones—is elemental to successful wealth creation. To you, this may seem either very simplistic or too unrelated to making money to matter [or possibly even both], but need is at the heart of making money and creating wealth, and gaining a perspective on those needs is elemental to efficiency and financial freedom.

First, Know Your Needs

Because the discussion can get a little long for a blog post, I’ll break this up into two; for now, let’s take a look at the basic human needs that all people have (this is all people everywhere, and it doesn’t matter where you live, what race or culture or religion you are, or if you have no strong belief systems at all). These are six needs outlined in the wealth creation courses and writings of Jamie McIntyre, taught to him by Anthony Robbins, one of his mindset mentors.

The six basic needs of all people are:

1. Human connection—love, relations, intimacy, giving and receiving love

2. Comfort—certainty, predictability, stress management/reduction, increasing pleasurable experiences, security

3. Variety—’the spice of life’; just as we need to feel safe through predictability, we need things that are unpredictable and uncertain to keep life interesting

4. Significance—we must feel that we matter—that we are significant, purpose

5. Growing—to grow is to be alive; if we do not feel that we are growing, we feel that we are dead

6. Contributing—contribution makes us feel needed and fulfilled; As Jamie says, we’d rather contribute to others than ourselves because we feel fulfilled and important that way

If you look at these needs, you’ll surely be able to attach things from your life to each. Later we can talk more about some things that you might be doing or might do better to make the most of need fulfillment. For now, think about the needs and your desire to fulfill each as a human being. Recognize that you have needs, appreciate that, and give your innate needs their due.

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