Fundamental Steps Toward Financial Success
Dec 23, 2009 Easy Money Online
If you’re thinking that it’s about time you experience financial freedom in your life, you are right. We can start right here, right now by taking a simple test.
How frequently do you pay for rent?
How frequently do you pay for credit fees?
How frequently do you pay for your utilities?
How frequently do you pay for your grocery bills?
How frequently do you pay yourself?
Hold on-did the last question seem out of place to you? That’s because people making money usually pay everything else before they even think of doling out a few bucks for themselves. When you ask them why they will probably tell you that by the time they pay everything else, hardly anything is left for themselves.
This seems reasonable but hardly a success story you would want to hear about. Let me tell you right now that it is possible to take part of the money you’ve earned and keep it away for yourself. It is a practice done by the very wealthy and has its conception since the earlier centuries.
The Babylonian law of financial success states that you pay yourself first. That’s right, this is the rule you must follow in your personal wealth building-before all the rest of the ‘debts’ you have incurred, it is vital that you set aside at least ten percent of all that you earn away in what you may call a financial independence account.
From this financial independence account, take a portion of it to pay your insurance premium-which is a wise investment for you to make. The rest of it all should automatically revert back to your savings. Do not touch this savings or the interest it will yield; before long, you will have some money to invest on your own.
Now, some of you might have some debts that need to be paid. How are you going to climb your way to financial freedom if you have creditors waiting to cash in your paycheck right? What you need to do now is create another account, the Debt Clearance Account.
To put it simply, your debt clearance account is 20% of your income; this is used solely to pay back all your debts gradually. Write a letter to the creditor and let him know your financial plans. Guarantee him that as you keep making money, you are allotting a certain figure a week or a month for him until the whole amount is completely paid off.
What you have now is a personal savings account, a debt clearance strategy and a clear financial picture of where you want to go. It is easy to begin and successfully pursue your wealth building plans now.
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Discover How To Become Rich With An Idea
Dec 1, 2009 Easy Money Online
What is it that makes pieces of paper with portraits of former presidents valuable? Nothing. Money is more than paper bills– money is an idea.
Who doesn’t want to become rich? Many times it seems like an impossibility but really, it’s not. To realize wealth unlimited, we must recognize that we can earn money successfully by adopting a consciousness that will attract prosperity.
What this means is that you have to believe that you are prosperous no matter what your present circumstances may tell you. The poor remain poor because of a poverty mindset they cling to. They believe they cannot make money so they never find out how to set goals and meet them.
There are many millionaires that have gambled their wealth and lost. The quality that makes them the winners that they are is that they chalk it up as a mistake and start earning money again to build wealth anew. They understand that failures do not define them and they will ultimately be rich again-this is the enduring testament of their prosperity consciousness.
Study your thought patterns and look into your own level of prosperity consciousness. If you are aiming to build wealth, make an honest assessment on your personal views on money. Is this an uncomfortable matter for you? There might be some harmful associations you have to deal with before you can progress to become rich.
Motivational words when spoken aloud have a powerful effect in stirring oneself up. Let these life words be rooted deeply in your psyche and allow your emotions to energize you into acting towards implementing your convictions. Write down these motivational messages and speak them out daily.
Logically, this doesn’t mean that you say you are rich and yet do nothing to make money yourself. We do not promote denial or foolishness. You must know how to set goals and make money even as you develop your spiritual maturity. No matter how much wealth you have, without fulfillment in a spiritual level you won’t be happy. If you’re not happy, you are not rich.
Money is not only a means of exchange-it is quality of awareness anyone can avail of. Why be poor when you can become rich instead? Make a choice today to enjoy wealth unlimited and live your best life yet.
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Tags: become rich, Bob Proctor, career goals, Easy Money Online, Financial Freedom, Law Of Attraction, Making Money, napoleon hill, quality of life, science of getting rich, Six Figure Income, Six Minutes to Success, Success, the secret, wealth building