Wealth Creation Blog

We’re almost there—to having wealth. We started with being wealthy, and then we talked about what that meant. We know that the reason to be wealthy is so that you can take wealthy actions—because poor people do not take wealthy actions, they take actions that impoverish. Logically, then, our next move is to figure out how to act wealthily.

Define Wealthy Action

Most people are more than willing to take wealthy action. It’s easy to convince them to be wealthy and act wealthy…or at least it would be if they knew how. If you can figure out the actions that wealthy people take, then you could begin to mimic them and develop wealthy habits and actions all your own. Let’s start, then, by taking a look at wealthy actions that are possible for you to undertake now.

Before we do though, I want you to keep in mind one thing—that even a small wealthy action is a good step. That wealthy action is a step towards having financial wealth—money! And also, one step leads to another, which continues the cycle of wealthy action, which continues on to being wealthy, more action, and more wealth. So even if all you can do is find one wealthy act to take today, you are being wealthy and building more wealth.

To start, think about the things that the wealthy do and do not do. If we take a lead from wealth creation, we know that the wealthy

• Make money work for them

• Save and make themselves a financial priority

• Buy quality

• Do not think in terms of want and need—they think in terms of getting and having, of finding ways to get and to have

Any one of these are things that you can do today—you can save money, put it in an account which bears interest (working for you), role it into an investment or share purchase, put off the cheap and easy purchase for a purchase of quality, or simply make a plan to get what you desire. On one level or another you can do each of these things today.

One wealthy action is all it takes. Take an action. Continue the cycle, and let it loose! Act as the wealthy to be wealthy.

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

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There is a logical order to the way that things are obtained, or the way that you become what you want to be. Before you can have something (or be something), you have to act to get it. Very few things will come to you in life without your having first taken an action that sets you on the pathway to getting it. In fact, in reality, nothing comes to you absent of some action, some decision and choice, at some point. Even if it’s as small as deciding to be where you wind up being.

The Cyclical Order Of Wealth

In order to create wealth, then, you have to take action. You have to choose to do things that put you on the path to becoming wealthy. You have to do things that will obtain wealth for you.

There is a cyclical nature to all of this, though, and it is one very much related to another post in which we discussed being what you want to be. In order to be wealthy you have to be wealthy from this point forward. You need to stop thinking of yourself as anything but wealthy, and believe that you are a wealthy person. There is a good reason why this is so.

Wealthy people take wealthy actions. Poor people take different actions. They do not do things that create wealth. Wealthy people do. When there is no wealth-creating action, there is no way to have wealth. That action is the necessary middle step.

I doubt that this comes as a surprise, since we’ve said this so many times before—the wealthy do things differently. The wealthy live differently. They spend differently. They manage money differently. The wealthy do the things that use money to build wealth, while the poor continue to struggle while letting money run through them.

The path to having wealth, then, starts with being that person. It continues on when you act in the way a wealthy person would act—take the actions you, a wealthy person, would take. And the last part of it, the getting or having part, comes as a result of those first two factors. The chain breaks without either of these two essential links. But when kept together, they come back on themselves and begin to create wealth all over again.

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

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It’s not enough to know what you want to be. You have to be what you want to be. Mindset is more than about thinking about becoming, it is about learning to actually be that person.

Don’t Just Think Wealthy Thoughts, Be Wealthy

If your goal is to become wealthy, you have to start now and be wealthy. As long as wealth is limited to something that you will be in the future, you will not achieve that goal—because wealth will always be something that remains in the future, much like the many things on that endless ‘to do’ list that there never seems to be time to do.

If you are ever to be wealthy, you have to start today to be that person. You have to change your mindset to one not only of future wealth creation, but of actual success and wealth. You have to start believing, knowing, that you are what you want to be. You have to stop thinking and acting like a person that wishes and wants and start acting and thinking like a person that is and does.

You Are What You Think You Are

You are whatever it is that you think you are—you are whoever you tell yourself that you are. This is why it is imperative that you first be that person. Because that is who you will continue to be. If you are the person who is living in moderate means now, struggling and financially stressed, that is the person you will continue to be. And that is the house you will build. You will not create wealth; you will only create a stronger house of financial stress and moderate success.

If you are the person who is wealthy, that is the person you will continue to be. The house you build will be one of wealth. You will create a stronger house of wealth.

Poor people are not wealthy people, and wealthy people are not poor people. You cannot be two things at once! So you have to choose today which one you will be. And then you have to be that person. You can change who you are, but you have to elicit that change. Start today and be wealthy!

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

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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

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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

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