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
recurring cleaning service Mundelein ..Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More
Many people have a false understanding of what it actually... Read More
Are you setting the right money goals?Most people believe having... Read More
As a woman Netpreneur, I sat down via e-mail with... Read More
Everyone wants to be wealthy. Only a few actually achieve... Read More
There are many wealth creation strategies and investment techniques available... Read More
Have you any idea how many people search Google every... Read More
If you're reading this article, it means you are a... Read More
What is "The Commodity of Kings""Power is simply "the ability... Read More
Feng shui coins can allow you, among other things, to... Read More
The inability to come up with the necessary cash when... Read More
It's no secret that the market goes UP...the market, goes... Read More
This is a true story from my own experience that... Read More
At any time in history, no matter what the current... Read More
There once was a hawk, ferocious and swift. He was... Read More
I have given many prosperity lectures over the years and,... Read More
Wealth - an abundance of values. Each of us determines... Read More
Ever think about how eating all those fast food meals... Read More
We will start the Financial Fitness System with the assumption... Read More
"Join our program and retire in 3 months..." yeah, right.We... Read More
Financial planning often gets a bad rap. Part of the... Read More
Very few people whom I know are familiar with the... Read More
Bottom line. No exaggeration. No hype. If you want to... Read More
"Money Doesn't Grow On Trees."Some of us even believe it.... Read More
One of the things most of us have old ideas... Read More
tidy up service Buffalo Grove ..One very important wealth creating habit is to set up... Read More
What does becoming rich mean to you? Is it early... Read More
When young men ask me how to succeed, I tell... Read More
Do you have financial problems? Then a budget is the... Read More
A residual income is one that comes in no matter... Read More
Vacation season is upon us and it can be tempting... Read More
I counsel a LOT of people about money. I see... Read More
"If you know how to spend less than you get,... Read More
I am often amused by the ads and offers I... Read More
Now is a great time to make it a habit... Read More
Okay. So money doesn't really grow on trees. Unless you... Read More
For most of us, the idea of retiring simply on... Read More
There are many wealth creation strategies and investment techniques available... Read More
Points to ponder as you consider what can be done... Read More
There are few things in life that are more stressful... Read More
"My people are destroyed for lack of knowledge." Hosea 4:6... Read More
In theory the idea of generating additional (and passive) business... Read More
The cashflow board games, Cashflow 101, Cashflow 202, and Cashflow... Read More
Yesterday we learned that 74% of all wealth is created... Read More
At any time in history, no matter what the current... Read More
Let me ask you a very simple question. Do you... Read More
To budget, to have a budget and to be on... Read More
It's the beginning of a brand new year: a time... Read More
You know about compounding right? You understand what pyramiding your... Read More
"Ooooooh," you may say, "I could NEVER be good at... Read More
Wealth Building |