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. This series of articles will feature simple and practical ways that you can begin easily creating wealth in your life, no matter what your current situation. Ready? Let's dive in!
Chances are, if you're reading this article, you're not wealthy yet. Chances are also that you are an employee, working for someone else, or you are a business owner but your business has not yet made you wealthy. In either case, haven't you dreamed of being a wealthy business owner, whose business generates continuous wealth and income? Most of us have?but most of us also run up against the brick wall of not knowing how.
The best way to get started becoming a business owner with very productive employees is to get a business and hire some great employees. Now, most of us aren't able to do that overnight, or we would have done it already, right? Wrong!
If you consider your money (assets or cash) as your employees, then you are an instant business owner. Voila! Think about it. When you invest your money or apply it toward a productive entrepreneurial venture, your money works just as hard to produce an income as you do when you go to your daily job. In fact, it works harder than most employees do ? money has no family or personal problems and doesn't argue with you. When you put what available money you have to work for you, you are now a business owner with employees (your money). When you realize that money has the potential to work just as hard as you do, then you've just enlightened yourself with one of the top wealth creating habits!
Now, to get a productive business that earns a good return for you, you need to keep adding "employees" to your business by saving your money and investing it. Whether it's a dollar or twenty dollars, every "employee" counts. The wealth creating habit you want to cultivate in this regard is to save and invest your dollars rather than spending them on things that will give you short term pleasure but no long term benefit. Remember that every dollar you turn into an "employee" rather than spending in the moment will work for you for the rest of your life! Think about that the next time you feel tempted by some new trendy thing you've just got to have!
How can you get started on building this wealth creating habit in your life? It's easy. At the beginning of each day, spend a few minutes experiencing what it would be like not to have to go to work every morning, but to be able to choose whether you want to work or not. During the day, as you are faced with spending choices, bring that experience back into focus to help yourself choose wisely. At night, keep a journal of your spending decisions for that day and note what percentage of the time you chose wisely. Your goal? To increase that percentage gradually to 100%.
Most experts say that it takes 21 to 40 days to create a solid new habit. That's not long when you think about it. All you have to do is get started ? now. Good luck!
About The Author
Stephanie Yeh is deeply committed to the study and experience of prosperity and to helping other people achieve and experience prosperity. With the help of a strong 15-year network marketing business, Stephanie and her partner have helped many people achieve their prosperity goals. Her current project, the Journeyman Wealth Program, is aimed at helping 15 people a year fully achieve their dreams. Stephanie's Prosperity Abounds website works on the basic principle that "You are the creator of your own reality!". Get more details on her website at http://www.prosperity-abounds.com; http://www.prosperity-abounds.com
family-safe home cleaners Lincolnshire ..Paper burns and large companies can go bankrupt, but if... Read More
Most people work hard all their lives only to "retire"... Read More
Feng shui coins can allow you, among other things, to... Read More
To lose weight in the 80's, we went on low-calorie... Read More
Let's begin this lesson with a definition of the term... Read More
Time and time again entrepreneurs are losing out on getting... Read More
Are you setting the right money goals?Most people believe having... Read More
Any successful person, or any anyone interested in self improvement... Read More
We will start the Financial Fitness System with the assumption... Read More
Whenever we read about building wealth or even attend a... Read More
Some people in this world are thinking that their poor... Read More
As you sit in traffic, inching along between irate drivers,... Read More
In his best selling book, "Rich Dad, Poor Dad, Robert... Read More
A mole travels one road, according to the way nature... Read More
The word 'diversity' is a unique one. It can represent... Read More
You can't build a house from the roof down, and... Read More
Have you seen a picture of the Parthenon in Athens,... Read More
You know about compounding right? You understand what pyramiding your... Read More
Saving money for retirement can be easy or difficult depending... Read More
OK, this article will start with the cheapest piece of... Read More
It's the beginning of a brand new year: a time... Read More
Part of learning to become financially free is to begin... Read More
Would you like to profit from your own information empire?... Read More
As you know, we're now well and truly in theInformation... Read More
I recently came across startling figures about the average American's... Read More
maide service in Buffalo Grove ..Do you like so many others feel, that even if... Read More
Financial freedom is the power to do what you will... Read More
U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More
Feng shui coins can allow you, among other things, to... Read More
In my last article on Creating Residual Income I mentioned... Read More
Well, the New Year is around the corner and so... Read More
Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More
I have a good friend who works in an area... Read More
Whether an established conglomerate or a fledgling company, a business... Read More
Yesterday we learned that 74% of all wealth is created... Read More
Paper burns and large companies can go bankrupt, but if... Read More
Steve Martin once delivered an opening monologue for Saturday Night... Read More
Let's quickly review the principles discussed in the first part... Read More
The four main steps in building a wealth cycle foundation... Read More
I have given many prosperity lectures over the years and,... Read More
Imagine being able to steal untold millions of dollars in... Read More
As someone who loves to shop, enjoys holidays and owns... Read More
Financial planning often gets a bad rap. Part of the... Read More
Living on credit is fashionable. Indulging oneself is fashionable. Saving... Read More
We talked recently about the wealth formula:Spend less than you... Read More
Six out of six people who were asked to list... Read More
There are plenty of people who are in love with... Read More
Saving money for retirement can be easy or difficult depending... Read More
In most societies, we are raised to believe in the... Read More
Compounding: The Ninth Wonder of the WorldBy Nicola Cairncross Compounding... Read More
Wealth Building |