Wealth Creation Blog

Continuing on with our analysis of thought, mindset, and wealth creation, let’s talk about the size of the thoughts you have—particularly, are they big enough?

Success Proportional To Thoughts

It’s been said more times than you’d care to count—”I think about money, so if thinking your way to financial success is all there is to it, why aren’t I rich by now?”

When this is the question the answer that inevitably must be asked is, how big are the thoughts you are thinking?

If you want to be wealthy you have to think wealthy thoughts; and you have to make sure that the thoughts, the “size” of your thoughts, is comparable to your end goal. In other words, if you think about money in terms of a few hundred dollars here and there, if you envision yourself as being only slightly more comfortable than you are now, then that is where your thoughts will take you.

If you want to be wildly wealthy with a bank account numbering in the millions, then you have to think big thoughts. Thousand dollar thoughts will not get you to million dollar goals. Million dollar thoughts do that.

When you really understand the concept behind the wealth creation mindset and behind thinking your way to wealth, you understand that it is about more than a few fanciful or fleeting thoughts and dreams. Financial success through conscious thought (and indeed subconscious, too) is more active and more goal-oriented. Expect that your thoughts will attract the wealth that is proportional to them. If it’s not working for you despite your best thoughts and efforts consider that you probably need to think bigger and more successfully.

Your thoughts can lead you to wealth. But you have to give those thoughts their rightful due. Empower your thoughts by more clearly aligning them with your real financial goals.

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

bookmark to:

More than anything, wealth creation centers around mindset and the thought process. All but the newest of readers here know that if there is one thing we focus on it is mindset and building a mindset of success, for success. Anything that we discuss here in terms of building wealth and making money and becoming rich starts with thoughts. It’s a simple, yet proven, effective method of creating wealth.

The concept is so simplistic that many people find it hard to accept as the way to financial freedom. It’s not unusual for someone to say that they have tried to think their way to wealth, and just had no results, so the concept must be flawed. The answer to that is that the concept is not flawed—but you do have to take care with its implementation. There is more to the wealth creation mindset than having intermittent, fleeting thoughts of wealth.

Thoughts Vs. Dreams

One thing to be cognizant of is the fact that there is a difference between what thoughts and dreams are. It’s a very fine line, and certainly dreaming rich can’t hurt, but your thoughts are more solid and actionable than what dreams are. Dreams are elusive and not given the same weight in reality that real thoughts are. Dreams are intermittent and ever-changing. They are less controlled and less controllable.

You can start with a dream of wealth, but to make that a reality you have to move on and develop those dreams into thoughts. You have to make those thoughts the foundation of your life, plans, and goals so that they have the ability to grow into financial wealth. When your thoughts are not producing results it is time to reevaluate them and find out—are you really thinking wealthy thoughts or just daydreaming about being rich?

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

bookmark to:

There 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

bookmark to:

This is a topic that I presented first on my personal blog. I wasn’t necessarily planning to broach the subject here, but seeing as how it is so fitting to the discussion of choice and financial empowerment, it is definitely an appropriate and timely topic for this blog, too.

Your Hierarchy Of Values And Your Financial Success

This is a concept taught in different forms and under different names by a variety of financial educators. The basic idea is that we all have our own personal value-hierarchy that dictates where and how we spend our money, or if we spend it. And according to these values we make choices (often subconscious choices) about where the money goes first.

An example of this might be of a parent who values their children’s comfort over anything else. That parent will spend first on the child, to see to their needs, and even to see to “needs” that aren’t really necessary. From there the remaining money is allocated according to the schedule of values—the most important expenses or purchases are made first, and on down the line until either all are covered or the money runs out.

In terms of wealth creation, your hierarchy controls how much money you dedicate to yourself, your savings, and your wealth creation. As the current rate of savings proves, savings is not high in the values of most people in the developed world, from Australia to the U.S.

Learning From Intrinsic Values

The lesson to take away from this is that if you work to realign your value system, you will begin to realign money management. If you value your own financial success over the rest, you will attend to that first. Wealth building will move up the list from last place (and imagine what the possibilities are when it does!).

Like others you are probably not even aware of your current value system. You may even think it is opposite of what it is. Take some time to pay attention to your real value hierarchy; apply the power of choice to the power of change. Learn to truly value your own financial success, and wealth will follow.

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

bookmark to:

Now that you understand that you are really the person in control of your life and your finances, you can start to make the changes that determine the outcome of your life. You can choose the real actions that will allow you to create wealth!

Daily Choices For Wealth Creation

Every day you have choices to make. You choose the bills that get paid, you choose the money that you spend, and you choose how to go about bringing in more money. You may even choose to let others take over the reins of control and make your choices for you—essentially operating on auto-pilot.

When you really break this down and apply it to wealth creation, or failure to create wealth, you see that the problem is not that people are incapable of making money, but that they are not making the right choices to build wealth; or again, that they are not empowering themselves because they are choosing not to be in control. The way to correct the problem, then, is to understand that you do have choices and make choices that will invite money and prosperity.

But You Have Bills To Pay

By now there are probably readers out there screaming at their computer screens, arguing that they do not have a real power of choice because they have bills, debts, and obligations. This I understand; I have them too; as does everyone else in the modern world. But I choose to control them and not let them control me. I choose to make my own wealth creation the priority. Until you choose to make yourself the priority, you will never become wealthy.

Does this mean you ignore your financial responsibilities to others? Ignore them would be too strong a word. By no means am I saying don’t pay yours bills. You may, however, choose to realign them and restructure your allocations of money.

It’s probably best if we leave off on this here, lest this turns into a discussion on individual financial management. How you choose to manage your finances and bills is up to you—which is really the point, isn’t it? You are in control of your money, and so you can start to control it in ways that benefit you first.

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

bookmark to: