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Money Myths Of The Poor From tender age, we were exposed to myths about money and myths of being rich. Be it from our parents, brothers, sisters, relatives, or friends. How I made $122,000 and lost $132,000 - A lesson in Assets vs Liabilities This is a true story from my own experience that illustrates how buying assets for wealth creation works.Just over 3 years ago I found myself with $75,000 to spend or invest. Re-discovering the Fundamentals of Financial Planning To lose weight in the 80's, we went on low-calorie diets. In the 90's, we switched to low-fat diets, and now, in the 21st Century, we are completely convinced that it's all about the low-carb diet. Does Money Grow On Trees? "Money Doesn't Grow On Trees."Some of us even believe it. Wealth Building Tips: Manage Your Money As someone who loves to shop, enjoys holidays and owns way too many pairs of shoes, managing my finances is definitely something that does not come naturally to me, I have had to learn. Managing your money is so important in becoming more organised, less stressed and more productive in your life - you'll be amazed at what you can achieve with your money when it starts working for you, rather than you always working for it!Seek advice. Don't Work for Your Money, Make it Work for You! Well, the New Year is around the corner and so are New Year's Resolutions! It's such a great time of year to consider what the past year has brought us and what we want to create in the coming year.To help you get started thinking about the coming year, we are publishing a series of articles on top wealth creating habits. Starting With Smaller Goals First And Work Your Way Up Until You Achieve Financial Freedom While you need to have a lot of positive-thought and confidence in order to be self-motivated, there are a few things that you can do which will help you to achieve all three things. These steps are generally pretty easy to do - and since they're simple steps, they may seem a little less daunting at first than having to figure out how to be positive-thinking and confident right out of the blue. Lesson 2 - The Commodity Of Kings! What is "The Commodity of Kings""Power is simply "the ability to act." Since ancient times, power has been the commodity of kings. Simple Strategies to Making Financial Gain Now is a great time to make it a habit to manage your resources instead of your resources managing you. What is meant by that when we are stating that "Your money manages you"? Here is a well known example:"There is more month than there is money so that new purchase, trip, or splurging will need to wait a month or two and maybe never. Thought Creates Reality Even When It Comes To Money What if I told you that reading a book would also change the way you react to the demands that rest upon your shoulders by the system of money you live under. Would you click HERE to learn more about that new way of perceiving your own money situation that would change everything for you especially where money is concerned?What if I told you that reading a book would also change your thoughts and beliefs about money, and change the very reason you have less money than you need and/or desire. Asset Diversification Is NOT Boring?And Will Make You Money OK, this article will start with the cheapest piece of advice you will receive this year. In fact, it will make you money. Building Wealth: Its An Inside Job - Part 2 Let's quickly review the principles discussed in the first part of building wealth. We established that prosperity consciousness must first be developed mentally to acquire any real wealth. Anthony Robbins 12 Reasons Why People Dont Get Wealthy According to Wallace Wattles, in his popular wealth treatise called the Science of Getting Rich, said that, "There is a science of getting rich, and it is an exact science, like algebra or arithmetic. There are certain laws which govern the process of acquiring riches, and once these laws are learned and obeyed by anyone, that person will get rich with mathematical certainty. The Financial Equation that Will Set You Free! I have a good friend who works in an area of the US that has more than itsshare of poverty. He called me the other day with a very broken heart. Profit from Your Own Information Empire! Would you like to profit from your own informationempire? Here are a few ways of doing so.1. Build Wealth From Home As you sit in traffic, inching along between irate drivers, you think to yourself, "there must be a better way." You get to work, you endure another tirade from an incompetent boss, and you think, "there must be a better way. Plan For Wealth One very important wealth creating habit is to set up a concrete plan that you can actually follow. You see, wealth takes planning, and is usually the result of taking a set of orderly, progressive steps from where you are now to where you want to be financially. Warren Buffet: Wisdom from the Worlds Richest Investor In light of the dominant mindset overshadowing the market these days, a breath of fresh air might be welcome. This month, we're devoting this space to wisdom from Warren Buffett, the world's richest investor. Its High Time for Lifetime Savings Accounts I'm constantly reading articles on the internet and in financial magazines in which so-called financial planning experts express perplexity as to why about 30% of employees do not participate in their employers' 401(k) plans. These writers don't seem to have clue. Increasing Your Wealth by Increasing Your Financial Literacy Perhaps the primary message of Rich Dad, Poor Dad is increasing basic financial literacy. Perhaps I should say financial literacy for the common man and woman. |
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