We will start the Financial Fitness System with the assumption that you are out of shape financially or you would not have decided to subscribe to the course. So, again, why aren't you wealthy? There are some exceptions, but for the majority of the world it's the same reason. You did not choose to be wealthy, that's it, end of story. We told you this would be simple!
Now for those of you reaching for the mouse to delete this lesson, stop a minute and think about it, why aren't you a doctor assuming that you are not a doctor, or for that matter why aren't you a sanitation worker, broker, baker, or candlestick maker assuming those aren't your professions? It's because you chose to be something else. Sometimes this choice happens on a whim or by default when we fail to choose. Even if your chose not to decide what you will become, you still have made a choice!
The simple truth is there are no secrets to becoming wealthy. There are however a set of specific steps to becoming wealthy that are sometimes so obvious they get overlooked. If you decided to read 10 biographies of 10 of the wealthiest people you have ever heard of, and outlined the steps they took to become wealthy, you would soon discover the common denominators of their success. Wealth is available to everyone, regardless of education, background, age, race, or any other excuse you may have heard in the past. Wealth plays no favorites, it only responds to a specific set of actions.
What if it were that simple? Good news, it is!
So why aren't you and the majority of the population wealthy? Remember wealth is available to everyone, and creating wealth is simple, however, creating wealth is not easy, or everyone would be getting wealthy.
Creating an absolute abundance of income in your life is not some specially guarded secret formula that only a select few are clued in on. In fact the bookshelves are lined with true stories written by wealthy people who cant wait to tell you how they did it! In this course, we have drawn from the top minds and mentors among the wealthiest people in the world, to bring you a concise summary of the basics of becoming wealthy.
There are only 2 things that can prevent you from becoming wealthy:
1 - You don't know how - (Yet!)
2 - You are unwilling to apply what you know.
In the next 9 days we will take care of the "I don't know how" but only you can take care of reason #2.
Success leaves clues. Over the next few days, the Financial Fitness System will simply point out the common denominators of creating wealth, then show you how you can immediately apply that knowledge. Before we are through, you will have the ability to act on this new knowledge and be well on your way to creating financial abundance in your life.
Here are the key points to remember from today's lesson:
Wealth is a choice, not a chance.
There are no secrets to wealth.
Wealth follows rules.
The rules are simple, but not easy.
You can learn the rules.
You can follow the rules, or choose not to.
Realize that it's your choice.
Your Next Step!
What You Need to Do NOW
A dream without action is a fantasy... a dream with action becomes a goal!
Today's lesson has been brief, you now know you have the power to choose to become financially fit. Before we dive in to wealth strategies in the next lesson, it's important to determine if you want to create wealth and why.
Again we will assume you have the desire to better yourself financially or you wouldn't be here. We will provide the knowledge but only you can provide the action. So with that in mind, in each day's lesson you will have very short Action Steps to complete, and a daily audio lesson to listen to as homework assignments. Today you will complete your first Action Step. Don't panic it's simple, but like building wealth, some of the answers may not be easy. You see how this works?
Today we begin at the beginning, your present Financial Condition. Just like stepping on the scale or staring into the mirror, it may be slightly unpleasant, or not what we would like, but it is, what it is!
The sooner you have an accurate picture of where you are financially the sooner you will be on your way to becoming financially fit.
Take out a sheet of paper and spend some time answering the questions in the Action Steps Area below. Put some real thought into your answers. This exercise will help begin to create the determination you will need to finish the course. If you are one of few who are financially fit, you should find your answers satisfying. However, if you are like the other 97% of the population, you may find your answers somewhat disturbing. That's okay... a little discomfort often fuels bigger change.
Tomorrow we learn the "Commodity of Kings" the fundamentals of wealth. Just like every good coach we are starting with the fundamentals, that's where we will begin your wealth training. For today just complete the action steps and rest easy. Nine days from now, your entire financial outlook will be much healthier!
Action Step 1:
After you finish Lesson #1 sharpen your pencil and write down the answers to the following Financial Fitness questions. Start a FFS journal for your daily action steps and notes. Designate a separate notebook for all your FFS content. You may want to print each lesson and include them in your FFS journal for future reference. On day 10 you can look back and see just how much you have accomplished in just 10 days.
"The most important questions are those we are afraid to ask ourselves."
Q: What is the total amount of assets that you have accumulated so far in your life?
Include cash, savings, checking, money market accounts, the current value of any stock or mutual funds you may own and the dollar amount of the equity in your home.
Q: What is the total amount of liabilities that you have accumulated so far in your life?
Include your mortgage balance, your credit card balances, student loans, personal loans from family or friends, automobile loans, overdraft protection, loans against insurance policies or any other money that you have borrowed but have not yet paid back.
Q: Subtract your total liabilities from your total assets, and write down your "Net Worth." (this number can be, and sadly all too often is, a negative number)
Q: Assume you lost your job or primary source of income today, and you were unable to find work of any kind, and had no friends or relatives to depend on for help or support of any kind. How long would it be before you become homeless?
Q: Assume that you earn income, save money, spend money, and borrow at the same rate you do today. At that rate how soon can you retire and maintain the same lifestyle you have today?
Q: Are you where you thought you would be at this point in your life financially?
Q: Why or why not?
Q: Where would you like to be financially?
Q: What are your currently doing to get there?
Q: Without change, how do you expect to achieve your financial goals? (the lottery or inheritance, are not valid answers)
Q: If money were no object, where would you live, and why?
Q: If money were no object, how would you spend your time each day?
Q: If things stay just the way they are today, financially, is that good enough?
To learn more about the complete financial fitness system, click here financial fitness
Or visit us at financial fitness
executive chauffeured services Bradford .. Madison to Airport carIf you're wondering where to create passive income, then you... Read More
Financial independence is having the freedom to support yourself through... Read More
We will start the Financial Fitness System with the assumption... Read More
Okay. So money doesn't really grow on trees. Unless you... Read More
Have you ever had that feeling where you could not... Read More
Estimated Reading Time: 4 minutes -- Envision your life 10... Read More
For most of us, the idea of retiring simply on... Read More
Steve Martin once delivered an opening monologue for Saturday Night... Read More
I'm constantly reading articles on the internet and in financial... Read More
"Any fool can rich, the wise get wealthy." Chris WidenerGetting... Read More
Compounding: The Ninth Wonder of the WorldBy Nicola Cairncross Compounding... Read More
As many people have observed, "Success leaves clues." If you... Read More
This new way is catching on around the world. People... Read More
Do you ever get this in your email box: Find... Read More
Here are some thoughts about the morphing of thought and... Read More
It is sometimes pitful how many projects are never born... Read More
You have $100 in your bank account, your rent is... Read More
We all go to school for about twelve years, kindergarten... Read More
The cashflow board games, Cashflow 101, Cashflow 202, and Cashflow... Read More
Endowments and endowment mortgages have received a lot of bad... Read More
What if I were to tell you that almost everything... Read More
Money is probably the most challenging thing for many people... Read More
Like I said, If you are poor and on social... Read More
Would you like to profit from your own information empire?... Read More
Financial planning at an early age may seem complicated, however... Read More
O'Hare Chicago prom limo ..You know about compounding right? You understand what pyramiding your... Read More
Not Enough Money?I believe that most people haven't got enough... Read More
Do you like so many others feel, that even if... Read More
Top Investment PerformanceThroughout history, many coin collections have produced substantial... Read More
You may think you have to be an entrepreneur to... Read More
Points to ponder as you consider what can be done... Read More
"Money Doesn't Grow On Trees."Some of us even believe it.... Read More
As someone who loves to shop, enjoys holidays and owns... Read More
Feel like a lemming lately? Ready to follow the crowd... Read More
Loose change that is, if you want a easy way... Read More
Living on credit is fashionable. Indulging oneself is fashionable. Saving... Read More
1) Pay off your loan, credit and store card debt... Read More
Parents must give serious thought to protecting their family through... Read More
E-currency is very popular on the Internet today. People use... Read More
The cashflow board games, Cashflow 101, Cashflow 202, and Cashflow... Read More
It's the beginning of a brand new year: a time... Read More
Many people don't realize how much money they spend on... Read More
Financial planning is an ongoing process individuals and businesses should... Read More
Perhaps the primary message of Rich Dad, Poor Dad is... Read More
What if I told you that reading a book would... Read More
From tender age, we were exposed to myths about money... Read More
We talked recently about the wealth formula:Spend less than you... Read More
In theory the idea of generating additional (and passive) business... Read More
To budget, to have a budget and to be on... Read More
Are you setting the right money goals?Most people believe having... Read More
Wealth Building |