Wealth Creation Blog

I feel like there is further that we could go on the last subject, without beating it to death. I’d like to pick up where we left off, with the thought that if you are not financially healthy you are not much good to those around you. Let’s explore some of the consequences of that.

Selfishly Creating Wealth

Wealth creation starts with you, personally. But you do not live in a vacuum. So it is natural that you might feel like, and that this blog might sound like, developing wealth is selfish. All this talk is about you, you, you, and how you can change and why you should perhaps put others off and not attend to their demands. It’s about how your money comes first.

So what about them? Are you to become a ruthless, self-serving, money-hoarding individual who cares only about your own wealth? Are you to take advantage of anyone who has ever provided for you—financially or emotionally—and care only about what makes you rich? Certainly not. But you are to become a strong, financially responsible and financially capable person so that you can meet all of your obligations with ease, and create a better life for all involved.

Why Being Rich Isn’t Selfish

What it comes down to is that you can do more good for absolutely everyone involved if you hold a strong financial position. You can do more good for

• Your creditors—because you can pay your bills and contribute to their financial stability rather than end up in a precarious financial position now or later.

• Your society—because you can do the above, which means you are financially independent and not dependent on your government (don’t be one of those retirement statistics!), and not contributing to high costs of lending and borrowing.

• Your loved ones—because you will have more money by working less, you can provide for all their needs and many wants, and you can provide them with a strong, lasting financial future.

When you look at it this way, creating wealth takes on a much more admirable light, doesn’t it? You can see that what you are doing is not selfish at all, it is responsible. You owe it to yourself and to those that depend on you to be wealthy. Financial prosperity is one of the most selfless things you can do for others.

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

Until you resolve to remove them, there will be always be some barriers that stand in the way of your best efforts at creating wealth. That may mean that you cannot find the time and energy to devote to it, or it may mean that you cannot find the amount of time that you wish you could devote (so as to put more of an effort in, and so as to get more out).

Whether it’s stepping up your efforts or just getting them started, your daily obligations no doubt are a cause of resistance for you. By obligations here I refer to those things that you feel cannot be moved or changed that infringe on your available time, money, and effort. Surely some of those are non-negotiable. When it really gets down to it, though, some of them may not be real obligations at all.

Your Time, Your Money, Your Obligations

Everyone has obligations that they feel are beyond their control; but we know that is hardly ever the case for any of them, really. But we also know that your moral obligations to other people supersede your real choices—as well they should in many cases. There is a point where you cannot responsibly make choices that negatively impact others. But there are also responsibilities that you feel toward others that are much less important—these are the things that you may feel obliged to attend to, but that are not life-ending. These are the things that can go.

The negotiable obligations come in many, many forms. Some of them come in the form of bills and debts than can be handled otherwise; some of them come in the form of time choices—like when other people pressure you to spend your time their way and not your own, but you could choose to change that. Most of the negotiable choices have at their heart an emotion—an emotional obligation, the “feeling” that you can’t spend that hour learning about developing wealth because your partner wants your attention. But is that real? (Not that you should go breaking up the relationship—but there is such a thing as balance, yes?)

The point is, too often we feel obligated when we really are not. A lot of the time the only way to overcome this is to go ahead and do what you want to be doing or accomplishing, and see what the result is. More often than not you’ll find out that nothing of major consequence really happens—that you find other ways to see to your obligations and needs, and that you find out there are many things you’ve been doing that really aren’t obligations at all. And that the real obligation is to see to your own well-being first. Because if you are not healthy financially, you are not doing nearly the good that you could for others.

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