Wealth Creation Blog

The last post talked about reconciling the negative things in your past to allow for growth and wealth creation. That’s a tough thing for some people to accept, because it is really hard to commit to going back and digging up past experiences that seem better left untouched. Overcoming those experiences once and for all, and capitalizing on the unleashed positive power that lies within them, is essential to forward movement and growth—to success and financial prosperity. As long as those emotions are left to degrade your success, they will continue to eat away at it and either keep you from wealth altogether or limit your potential success, and consequently, your wealth.

But What Could Possibly Be Good About A Bad Past Experience?

Even given this knowledge, and understanding the basic concept behind it, people are reluctant to take hold of it and relive the past—even at the return of enjoying a hugely prosperous future. They just can’t figure what possible good could come from something that was perhaps painful, trying, and emotionally, and often financially, draining.

There are many good and positive things that can come out of reconciling past experiences. It might be a financial lesson learned, it might be revealing a person or negative force in your life for what it really was, or it might be just knowing that you had the personal strength and fortitude to overcome; it might even be the realization that you needed a change to get the most from life—an awakening as to your current state, and the state of your future if you did nothing about it.

In fact, every single negative thing that ever happened to you had something positive related to it. It is that positivity that you are trying to recapture—not the negativity, that we are letting go. At the time of whatever it was that occurred most people cannot see the positive that came out of it. That is why we have to go back and figure out what it was. Because when you see that you were rewarded for surviving that negative experience, you can value it as a lesson learned, or a character built, and you can know that even the worst things in life contributed to the wonderful, outstanding, successful person that you know you are today!

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

When we talk about motivating ourselves and finding ways to be more productive, efficient, less time-constrained and so on, we are almost always talking about looking forward. We talk about setting goals, tracking our goals, planning our time, scheduling, making lists…

That’s all well and good, but sometimes it’s just not inspiration enough. Sometimes despite the best laid plans and efforts our plans for building wealth still fall victim to time and energy. So today I’m going to propose a new motivator, one that doesn’t rely on ethereal promises of good things to come, but one that evaluates where we’ve been and what we’ve done.

Gauging The Worth Of Your Time

Looking back at how you’ve spent your time and your days can help you gain some very valuable perspective on the worth/value/reward/effort ratio. I find this is most effective as a defense against procrastination, but it soon proves worthwhile when you expand it into other things like your work and personal time, etc.

This is very simple to do, too. All it takes is a few minutes evaluating your day at the end of it (broadened into time segments of weeks, months, and so on as you prefer). At the end of your designated time frame, look back at what you have done and what you gained for it. Look at what you gave of yourself and answer one simple question:

Was It Worth It?

Let’s suppose you spent the day idling on emails, or wishing you didn’t have to do a certain thing. When you look back at the end of the day you realize that the amount of actual progress or time spent on the tasks you were putting off was very small. And now suddenly you’ve lost valuable hours of your life, nurturing negative energy, to something you didn’t want to do. The reward ratio was not worth the effort and energy you gave to it because you gave the thing much more weight than it deserved, and prohibited yourself doing the things you really wanted to do –the things that would really allow you to build wealth.

Looking back and placing value on how we’ve spent our lives has a way of helping us come clear on it. Find out the real value of what you’ve been doing to motivate yourself to reap the best rewards for your time.

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

One factor that bears a lot of weight on individual wealth creation is a person’s financial past. Too often, people place too much importance on what they spent or did with their money, the mistakes they may have made, the things they may have done with it. Doing that can be dangerous to a new wealth building initiative. Why? Because in no way are you your financial past. Your financial future is not your financial past; not unless you allow it to be.

What’s Done Is Done

Whatever you did with your money in the past is over and done with. There may be traces of those decisions that remain, but that does not have to reflect in your financial future. The future hasn’t happened yet, so there is no reason to think that it has to be the same as the past. No matter what you did in the days, weeks, months, and years before, you have an entirely open and free opportunity to do something different and effect a new result. This is important to understand because you have to believe that change is a possibility for you before you can create wealth. You have to know, unquestionably, that you can in fact succeed and be rich!

Making Changes And Moving Forward

But as we said, there are traces of the past that remain. The money that is gone, the debt that you have, the financial promises you’ve made are still there, and you have to deal with them. That is true. But we’ve also established the truth of choice and the power of choice. Those things remain, but you can choose how best to manage them and move forward. You can make a plan that meets your goals. You can believe in your ability and you can succeed.

The first step is to build that system of belief. Without it you will continue to accept that your wealth is out of your control. As we’ve said many times before, knowledge is power and knowing this, knowing that your financial past is done and over with, and that a new day is here, is that power—the power to succeed and be rich!

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