Archive for the ‘Financial Wealth’ Category

The Hierarchy Of Values

Thursday, June 26th, 2008

This is a topic that I presented first on my personal blog. I wasn’t necessarily planning to broach the subject here, but seeing as how it is so fitting to the discussion of choice and financial empowerment, it is definitely an appropriate and timely topic for this blog, too.

Your Hierarchy Of Values And Your Financial Success

This is a concept taught in different forms and under different names by a variety of financial educators. The basic idea is that we all have our own personal value-hierarchy that dictates where and how we spend our money, or if we spend it. And according to these values we make choices (often subconscious choices) about where the money goes first.

An example of this might be of a parent who values their children’s comfort over anything else. That parent will spend first on the child, to see to their needs, and even to see to “needs” that aren’t really necessary. From there the remaining money is allocated according to the schedule of values—the most important expenses or purchases are made first, and on down the line until either all are covered or the money runs out.

In terms of wealth creation, your hierarchy controls how much money you dedicate to yourself, your savings, and your wealth creation. As the current rate of savings proves, savings is not high in the values of most people in the developed world, from Australia to the U.S.

Learning From Intrinsic Values

The lesson to take away from this is that if you work to realign your value system, you will begin to realign money management. If you value your own financial success over the rest, you will attend to that first. Wealth building will move up the list from last place (and imagine what the possibilities are when it does!).

Like others you are probably not even aware of your current value system. You may even think it is opposite of what it is. Take some time to pay attention to your real value hierarchy; apply the power of choice to the power of change. Learn to truly value your own financial success, and wealth will follow.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

Changing The Choices You Make

Tuesday, June 24th, 2008

Now that you understand that you are really the person in control of your life and your finances, you can start to make the changes that determine the outcome of your life. You can choose the real actions that will allow you to create wealth!

Daily Choices For Wealth Creation

Every day you have choices to make. You choose the bills that get paid, you choose the money that you spend, and you choose how to go about bringing in more money. You may even choose to let others take over the reins of control and make your choices for you—essentially operating on auto-pilot.

When you really break this down and apply it to wealth creation, or failure to create wealth, you see that the problem is not that people are incapable of making money, but that they are not making the right choices to build wealth; or again, that they are not empowering themselves because they are choosing not to be in control. The way to correct the problem, then, is to understand that you do have choices and make choices that will invite money and prosperity.

But You Have Bills To Pay

By now there are probably readers out there screaming at their computer screens, arguing that they do not have a real power of choice because they have bills, debts, and obligations. This I understand; I have them too; as does everyone else in the modern world. But I choose to control them and not let them control me. I choose to make my own wealth creation the priority. Until you choose to make yourself the priority, you will never become wealthy.

Does this mean you ignore your financial responsibilities to others? Ignore them would be too strong a word. By no means am I saying don’t pay yours bills. You may, however, choose to realign them and restructure your allocations of money.

It’s probably best if we leave off on this here, lest this turns into a discussion on individual financial management. How you choose to manage your finances and bills is up to you—which is really the point, isn’t it? You are in control of your money, and so you can start to control it in ways that benefit you first.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

The Power Of Choice

Sunday, June 22nd, 2008

Who controls your cashBreaking down the concept of financial self empowerment even further, one of the most powerful tools you can give yourself is the power of choice. When you truly understand that it is you who controls your financial destiny, you can begin to make changes to your financial management plan and begin to make a real difference in how much money you keep to build wealth and how much you pay away.

Who Controls Your Money Now?

Who do you honestly feel is in control of your money now? If we are being honest, the average person probably would not say that he or she is the person in control of their money. Likely the answer will be creditors—the people they owe money to—the bills they pay.

Most people feel that, although they work hard to make their money, they have no real control over it. The many people that they owe money to, either as debt or repayment of services, is who they feel are really in control, as in their mind’s eye those people already have their money before they are even paid.

The piece of the puzzle that is missing here—and it is missing for so many before they come to be financially empowered through wealth creation—is that those debt collectors are not really in control. You are! You control who you pay and when you pay them. Every month, you make the choice to pay your debts and bills. It is you who signs the check, authorizes the electronic payment, and sends the money to them. So who is really in control? Again I say it is you.

Pay Attention To Who Controls The Cash

In the interest of realizing the power that you already hold over your finances and wealth accumulation, start paying attention to who really controls your money. When you do you will see that yes, indeed, you are making a choice, and that choice is yours to make. And once you realize that you are in the seat of control, you can start to make the choices that create change.

Take control and enjoy the power of choice. Choose today what the financial outcome of your future will be.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

The Power Of Attraction

Monday, June 16th, 2008

Wealth and abundanceThe power of attraction is what we’ve basically been talking about in the last couple of posts; in those, we applied the power of attraction more specifically as a reminder to attract success through the company we keep and the thoughts we think. Today let’s broaden the application a bit.

Attraction As A Wealth Creation Tool

The Power of Attraction, which has been described in a variety of ways throughout wealth empowerment programs, books, and writings, is a driving force in financial success and empowerment. Essentially it is the financial law of like attracting like, and it applies to anything that affects your success in making money and building wealth.

Very basically, this law boils down to a very simple formula for either success or failure with finance.

• Negativity + Need = Financial Stress

• Positivity + Abundance = Wealth and Success

You can apply these formulas to anything—to the company you keep, the thoughts you think, the decisions you make, your attitude, choices, reactions, way of life, daily purchases…

All that you really need to remember is that whatever you put into the world is what you will get back. Call it Karma, attraction, or whatever you like, but if you look at a cross-section of successful and wealthy people, this is what you’ll see. Their mindset and attitudes are focused on success, and success is therefore what they’ve attracted to them.

Ever hear the saying that “money goes to money”? There’s something to that. Most people say it with a sneer and some amount of sarcasm or negativity, but the underlying rule is true. Money does go to money; and it goes to positivity, wealth, and abundance, too. Start attracting those things to you by applying this simple tool for creating wealth to every aspect of your life. Start a list today of the many ways that you can attract more of the same so that you can become financially free, too.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008

New Beginnings For Wealth Creation

Friday, May 30th, 2008

Any wealth creation expert will tell you: if you want to be rich, start again at the beginning. Why? Because what you’ve been taught just isn’t getting you very far.

Life And Financial Education Until Now

That may sound harsh, but if you are honest you’ll agree that it’s true. Why else would you be here if your money or financial education had done its job?

No doubt you’ll agree that you did not learn enough about money and financial control—were not exposed to enough through the education you’ve received in school or in life—to teach you how to really grow wealth. Wealth creation relies on a level of understanding of money systems, investment, mindset, and attitude that just is not approached in school. Few of us have the benefit of a wealthy mentor or parent with such an understanding, and so the majority has been educated very little in wealth creation. We’ve all learned to work for money, but not to create wealth by making that money work again.

Along the way, we’ve also been conditioned to look at money as something negative—as a demon that creates deprivation, instead of as a tool that is there for our own personal use and the use of all others. The things we’ve been conditioned to believe about money continue to impact our every financial decision and reaction.

Life And Financial Control From Here On Out

To live differently, to create wealth and gain financial control, we need to go back to the beginning and get the financial education we should have received the first time around. The resources are certainly there; wealth creation is no longer a well-protected secret. You do have to search out these resources, though, and be a willing participant in your financial future. Use these resources to go back to your beginnings in money and finance, and learn it again in easier, more sensible terms.

Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 200830