Wealth Creation Blog

What I hope we’ve all learned from Mr. Rush Limbaugh, in case you didn’t already know it, is that recession and financial stress is optional. How so? Because recession, as with all economic ebbs and flows, is ruled by emotion. Yes, there are tangible market factors which can be pointed out to determine what is and is not a recession, but in the end history tells us that market turns pivot on one thing—the collective emotion of investors and consumers.

Nothing New

This is not a new concept, especially for those of us in wealth creation circles. We’ve heard this from such historical experts as Napoleon Hill and Wallace Wattles; we’ve heard it from modern experts like Jamie McIntyre and his contemporaries. For every major market turn, you can trace a line back to the fear and anxiety of the market that drives it.

Assuming this to be a given amongst us, the discussion turns to this:

What Can You Do About It?

You can do just what Mr. Limbaugh is doing.

Refuse To Be A Victim Of Recession

Create your own destiny by creating your own wealth. Educate yourself in as many ways as you can so that you have financial investment tools to use in every market; because really, every market creates an opportunity. You just need to be in a position to capitalize upon that opportunity.

The first and foremost thing that you can do about weakening economies is to develop the mindset of success that will see you through them. That is the basis of the 21st Century Academy. It is the basis because it is the foundation of financial success. Men like Rush Limbaugh, love or hate him, are proof positive. He maintains a mindset of success and well being. And he is successful and well-off.

The consumer or investment market cannot take your mindset away from you. Only you can do that. So, the markets cannot force you to be victimized by them. Only you can grant that permission, too. Refuse to participate. Refuse to be victimized. Insist on being a success in each and every economy throughout your successful life!

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

An interesting human phenomenon, which I have recently been reminded of, shows us that when economic times are good, people are quick to take the credit for their financial well-being; but when the tables turn and it’s harder to make a dollar, the flood of excuses starts and people will find myriad “reasons” why their money troubles or lack of financial fluidity are not their fault.

What Do We Know About Personal Financial Responsibility?

So what do we know about this? Are we responsible only for the good that comes our way in terms of money and finance? Is continued, sustainable financial prosperity beyond us because outside world factors are uncontrollable? What would that mean if that were true?

I suppose that would mean that it wasn’t possible to be wealthy all of the time—that it were only possible to be wealthy during strong economic times. So that must mean that in many parts of the world where the economies are in or near recession, the U.S. for instance, there are no wealthy people right now? To be sure there are probably fewer than in years past when times were good, but rest assured there are still plenty of wealthy people in the US and the world now, too. I guess that means, then, that we are responsible for our financial destinies in both good times and in bad. I guess that means we need to learn how to prepare and plan and make the most out of the opportunities slow economies present (because indeed they do!)

More Food For Positive Thought

One last point to make here—if you only maintain your positivity and responsibility during good economic times, then when things get tougher your mindset and attitude turn to what—blame and helplessness. Hardly something that will attract positive thinking. And once you are on that road, there is only one place it leads.

Wile it might be nice to have someone else to blame for what we don’t have, we have to be honest with ourselves and know that isn’t true. There’s only one person responsible for your financial prosperity and you know that is you—for better or for worse, in good times and in bad.

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

“To get something you never had, you have to do something you never did.”I can’t say who this quote should be attributed to, as it’s just something I came across randomly in an email the other day. But I found it to be no less inspiring, and no less true.

Wealth Creation Is All About Change

To create wealth, you have to do something different than what you are doing right now. You have to be willing to go that extra distance and do something new and different. You have to learn new things, apply yourself in new ways, and probably even push yourself outside your current comfort zone. You have to do something you have ever done before in order to attain the wealth you’ve never had. To get rich, you have to change.

How Do You Know What Will Work?

There are no guarantees in life. I cannot guarantee that everything that you try will make you rich, but I can guarantee that you will be given the opportunity to learn and to grow with each action and each attempt. I can tell you that when you seek out change with perseverance and determination you will move towards financial wealth and success. How do I know? Because when you live life in this way you can’t help but succeed. When you live life this way you

• Build the character and personal fortitude you need to succeed

• Attract more confidence and determination

• Change the path of your life to one of action and movement toward success

• Focus on the wealth—personal and financial wealth—that you have already created

• Attract more wealth—more money and more personal wealth

You can’t always know from the start with 100% certainty that a particular action will “work” per se; but one thing is for sure—you will never know if you don’t try. And if you never do anything different, you will never have what you have never had.

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

Sometimes the things we have to do in order to acquire wealth mean big life changes. But just as often the changes are more subtle. The changes that we learn to make through wealth creation do not always have to be big; they just have to have a big impact. Often we can make several small, almost painless changes to our lives and our habits that we barely feel at all. The impact of these small tweaks is significant, though.

Empower That Which You Do

We all do things that are either negatively impacting our well-being, or that at the very least are having a neutral effect and doing no good for us. By this I’m talking about the habits that we’ve developed—the things we do everyday. We all have habits, even though many have become so second-nature that we don’t even realize them anymore.

The habits that negatively impact our lives can be glaring and obvious, like smoking or overeating out of boredom, or they can be less so. Your bad habit could be something as simple as sitting lazily for a quarter of an hour and thinking about all the things you don’t want to do. The physical impact of that may be much smaller, but the psychological impact is much bigger than you think. This kind of procrastinating habit is really nothing more than a negative attitude contributing to the negativity in your life. It’s either doing nothing for you, or detracting from your life.

Add up the many negative and neutral habits you have and you’ll soon see that there is real opportunity here. If you could turn each of those habits into something positive and empowering, then you would have built into your life two things:

1. The time and opportunity to devote to more acts of building wealth

2. Positivity and strength that attracts positivity and strength (following the Law of Attraction)

What you do to replace these habits does not always have to be huge, either. This could be as easy as spending that 15 minutes thinking positive thoughts, or reading something motivational. It doesn’t have to mean more work, it just as to mean more empowering time spent. The collective impact of replacing bad and neutral habits is large. You’ll find that the simple act of empowering your habits, of filling a negative void with a positive, will have far-reaching influence on not only your efforts to acquire wealth, but also on your life overall.

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

Free-time is hard to come by. Finding time to learn new things is hard, too. So why learn everything all over again? Why not stick with what you know for as long as it is useful to you? Why not apply the skills and knowledge you have now to your strategies for building wealth?

Maybe you are saying the answer to these questions is that you have no skills that lend to financial investment and wealth creation. I beg to differ.

Do What You Know Now

Very few people are at a complete lack of skills that can be utilized to create wealth. I dare say that if you are intelligent enough to recognize your need, to recognize the benefit of changing your financial future, and to take the action that has led you here that you most definitely have some skill that is usable for investing and making money. At the very least you have a desire and motivation, and the ability to learn and grow. That’s nothing worth ignoring.

If you look within yourself chances are you have much more. It could be something as practical as having home maintenance skills—even as simple as knowing how to house-paint—a talent to be applied to real estate investing. Or it could be something more academic like a propensity for mathematics and records-keeping—a talent that surely helps in valuing stocks and shares. There is something there, and for sure you will find one or more pathways to investing where it will prove useful.

Prioritize Learning Time

Of course learning new skills is not a bad thing, but it does take time. By using the skills you have readily available now you can devote that time to getting a financial education—to empowering yourself for wealth. Spend that time learning the more important aspects, and then later, with those firmly under your belt, move on to pursue more interests. In the meantime, why waste time? Put your own skills to work today to create wealth tomorrow.

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