Saturday, December 02, 2006

If Wealth Came-a-Knockin'

Assuming that wealth was a stranger who decided to knock on your front door, would you let the stranger in? Probably not, most would see a stranger and not the potential good the stranger could possibly bring.

Wealth is so foreign to some people, that if it were standing directly in front of them speaking very loudly, they would need an interpreter to translate its language. Then, it stands to reason that we should learn the culture of wealth and to speak the language of wealth. How many of you have ever taken the time to learn a foreign language? You know then, how concentrated your efforts must be to exact the dialect so that you can speak it fluently without being misunderstood. Speaking a common language creates rapport, trust, and comfort.

Wealth is not about money at all. The fact of the matter is wealth is the result of using money wisely. This statement may surprise many, but it is true. Wealth is about lasting security, freedom, and peace of mind. Learning the culture of wealth, its language, and building a relationship that will last a life-time, requires time. Let’s face it; we live in a time-deficit society, starving ourselves of the real values of living. So how can you find time to start a budding romance with wealth? The answer: you just do it. As with any relationship, there is a period of courtship. You must court the idea of possessing wealth subconsciously.

In practical terms, you begin with doing a simple task every pay day. You pay yourself first. Subtract at least ten percent of your earnings and put into a retirement account. For those under 30, this means you, too! Many Gen X’ers have dreams of retiring young. Well, this is a sure-fire way to do it. Back to the tasks, paying yourself does two things: first, it puts you first; and second, it makes dreams of early retirement as a wealthy man/woman a reality.

It takes twenty-one days of doing the same thing to create a habit. So, let’s put that theory to the test. Challenge yourself to make a commitment to put ten percent of your net earnings in some type of an account for the next 21 pay days. It doesn’t matter if you are paid weekly, bi-weekly, or bi-monthly; just make sure it covers 21 consecutive pay days. If you miss one, you must start over again.
Assuming that wealth was a stranger who decided to knock on your front door, would you let the stranger in? Probably not, most would see a stranger and not the potential good the stranger could possibly bring.

Wealth is so foreign to some people, that if it were standing directly in front of them speaking very loudly, they would need an interpreter to translate its language. Then, it stands to reason that we should learn the culture of wealth and to speak the language of wealth. How many of you have ever taken the time to learn a foreign language? You know then, how concentrated your efforts must be to exact the dialect so that you can speak it fluently without being misunderstood. Speaking a common language creates rapport, trust, and comfort.

Wealth is not about money at all. The fact of the matter is wealth is the result of using money wisely. This statement may surprise many, but it is true. Wealth is about lasting security, freedom, and peace of mind. Learning the culture of wealth, its language, and building a relationship that will last a life-time, requires time. Let’s face it; we live in a time-deficit society, starving ourselves of the real values of living. So how can you find time to start a budding romance with wealth? The answer: you just do it. As with any relationship, there is a period of courtship. You must court the idea of possessing wealth subconsciously.

In practical terms, you begin with doing a simple task every pay day. You pay yourself first. Subtract at least ten percent of your earnings and put into a retirement account. For those under 30, this means you, too! Many Gen X’ers have dreams of retiring young. Well, this is a sure-fire way to do it. Back to the tasks, paying yourself does two things: first, it puts you first; and second, it makes dreams of early retirement as a wealthy man/woman a reality.

It takes twenty-one days of doing the same thing to create a habit. So, let’s put that theory to the test. Challenge yourself to make a commitment to put ten percent of your net earnings in some type of an account for the next 21 pay days. It doesn’t matter if you are paid weekly, bi-weekly, or bi-monthly; just make sure it covers 21 consecutive pay days. If you miss one, you must start over again.

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