Habits Of Millionaires

Do you have the right attitude?

The Top Ten Routes to Financial Freedom

The Top 10 Routes to Financial Freedom

The journey to financial freedom is not a get rich quick scheme, it's a journey that requires you to learn, change and evolve. You need to think short, medium and long term to create a stable base for YOUR financial freedom... for now and in the future.

Here are our top ten ways to get started on your journey... if you can think of any more we would love to hear about them.

Warren Buffett Gives The Best Advice In Just Three Minutes!

Only invest in what you understand - what great advice from Warren Buffett

5 Affirmations Successful People Repeat Every Single Day (Animated)

Warren Buffett Gives The Best Advice In Just Three Minutes!

Only invest in what you understand - what great advice from Warren Buffett

The Power of Habit - One of the most Motivational Talks Ever

The future belongs to those who prepare for it today.
You have to keep moving forward.

Morning Motivation - What the Most Successful People do Before Breakfast...

Be the best. Success is a habit

 

18 Rules for Living by Dalai Lama - Dalailama Guide to Happiness

Tony Robbins Tips On Changing The Way You Feel

A reminder from Tony Robbins on how to change the way you feel. :)

Steve Jobs: Connect the Dots

This powerful message is from Steve Jobs' commencement speech at Stanford. You cannot connect the dots looking forward; you can only connect them looking backwards.

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The Road Ahead ...

The road ahead doesn't need to be too dangerous! Click here to learn how to make the way ahead more prosperous and fun. http://ow.ly/Z9XE30friaY

Here's some Great Advice about getting back to work after a career break

That Feeling!!

 

We've all had that feeling ... just start doing and the way forward will reveal itself! Have a great day! xx

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How to Stay Focused - Stop Getting Distracted

How To Survive Your First Property Joint Venture

How to Have a Successful Joint Venture - JV Etiquette

 

Sometimes we can see a person or a company that others love to joint venture with regularly. They never seem to run out of JV opportunities because they are fun to work with, have abundance mentality and JV etiquette.

Having poor JV etiquette can damage your business and put you out of the joint venture circle overnight. It is as if you go to a dinner party, and have really poor table manners, get drunk, insult your host and then demand dessert just because you are there. Chances are you will never get invited back and several people will find out about your poor manners and you will not be invited to a dinner party nor will anyone accept an invitation from you to go to your dinner party.

If it seems you can't get anyone to do a joint venture with you, no matter how many times you ask, then you may need to learn some JV etiquette. It is not always comfortable to look at manners or behavior however, if you would like your business to thrive, you must become the kind of entrepreneur other businesses want to work with.

When forming a joint venture relationship, you must look out for the interest of both parties. When you present your JV idea, you must be able to show your potential JV partner what the benefits for them are going to be. You must be clear in being able to depart how and what benefits will be gained by working together in a joint venture alliance. These must be real benefits. If you only want them to sell your product to their data base of customers because you know it is a big data base or because they are already popular, this can be perceived as dishonest. Make sure you can show your potential partner how the product is relevant to their data base of customers.

Deliver what you say you are going to deliver on time. Your word in a JV agreement is your credibility. If you lose that, you have damaged your joint venture possibilities for the future. If you say you are going to create a product with your JV partner and there is a deadline, make sure you honor it. It can be very tough on the JV partner if you are late and you deliver at the last minute.

Become an abundance thinker. When you approach a company with a feeling of desperation or wanting to use them to help you "breakout or launch" your product without concern for whether the product fits them or their customers you have presented yourself as a limited or lack thinker. No true entrepreneur wants to do a joint venture with a limited or lack thinking entrepreneur. Desperation does not make a good joint venture partner.
Make sure you listen. Sometimes you can be so excited about landing a joint venture with someone that you can talk to the point of verbal diarrhea. Make sure that you have a dialog that is two way. Listen and ask questions to find out the needs of your potential JV partner. When an entrepreneur is skilled at asking questions in regards to their potential partners JV needs, it creates trust and faith. It shows the potential partner that you have interest in his company and his business.
 
Make profits equitable for both parties. If you are a joint venture partner it is important that both parties gain remuneration from the venture. If your offer is too small you will, most likely, not develop interest from any joint venture partner because it will not worth the time or effort involved in creating the venture in the first place.

If you implement joint venture etiquette, you will find that other entrepreneurs will love to joint venture with you. This gives you opportunities to create many joint ventures, grow your business, provide products that are relevant to your customers and help other entrepreneurs develop JV etiquette too. Remember being and abundance thinking entrepreneur means helping push up as many people as you can. Think of as many ways as you can to create beneficial joint ventures and watch your business flourish.

Article Source: http://EzineArticles.com/expert/Vickie_L_Jimenez/112285

Top Tips for successful Property joint ventures

Nicole Bremner and Vanessa Warwick discuss top tips for property joint ventures.

3 Things Successful People Do Differently (Animated)

Watch this clip if you would like to increase your chances of success.

1. Successful people listen actively
2. Separate how you feel from what you do.
3. Battle addiction to being right

Baby steps ...

NOT HAVING ENOUGH MONEY EXPERIMENT - FAITH IN HUMANITY RESTORED

Interesting experiment when people don't have enough money. What do you think?

What if money was no object? Every person on the planet should watch thi...

What do you love doing??

So You Think You Have No Money to Start Investing

So you think you have no money to start investing... You're wrong. I can tell you that without even knowing you, because it's true. There is always a way to raise the funds to start your investment career tomorrow. Let me show you some simple ways to make some money, and ways to reduce the amount of capital you need to get started. First of all - how much are you saving?
It may seem like a silly question, but I'm serious. If you're not saving any money at all, then you need to start now. When you're saving money you're taking action, and moving forward towards your goal of investing. That's the first step. I challenge you to start saving money now - as much as you can afford, but aim for 10% of your income. This sort of regular commitment will help instill the mindset of control over your finances that you need.
Now - on to the more immediate concerns of raising the required money to start your investment career. Have you given any thought as to what your strategy is going to be? You need to decide that, which will in turn give you an indication of what amount of money you need to look at starting with. You may need more, or less - depending on your intended investment strategy. About that money...

• have a garage/yard sale - get rid of unwanted and unused items. You'll be surprised at the amount and value of the junk we all accumulate! It's possible to make some decent money by selling up unused bikes and furniture, not to mention the toys and clothes that the kids have grown out of.
• If you live in a house you're repaying a mortgage on - you're ahead of the pack. Why not do a few things to spruce the place up and have it revalued? You'll be able to access the equity you've developed in your home to raise extra funds to start your investment career. It's a good way to make all your hard work paying the mortgage work for you - essentially giving you great access to comparatively ongoing low interest rates
• If you haven't bought real estate, and can't access equity there - look elsewhere. What about your parents, your extended family... Obviously I wouldn't recommend that you approach anyone with that idea until you've formulated a carefully planned strategy in conjunction with clearly set out goals.
• Partner up! There's no harm in joining forces with a like-minded business partner. It is important to realise that when you join forces with someone you pool resources and profits, as well as losses. An investing partnership can allow for more thorough preparation and analysis, but I'd suggest that clear communication and absolute transparency is a must in a partnership scenario.

The bottom line is that the above techniques show how easy it is to come up with some cash. The common thread in all those options is preparation. Before you jump into investing, you really need to know as much as possible about what you're investing in, as well as have a plan formulated for achieving your goals through your investment strategy.

Article Source: http://EzineArticles.com/expert/Anna_L._Rose/217417

Live on a Beach and eat mangos!

 

Have you made the decision to quit your job, live on the beach, eat mangos and drink rainbow colored alcoholic drinks all day? Well before you turn in your two week notice or just decide to give your boss one day notice cause you just can't take it anymore there are some things to consider and put in place before you buy a one way ticket to paradise. These 8 tips will help anyone to start setting up the life they desire.

1. Mindset
You don't have to wait until you're retired, you can travel and enjoy life anyway you chose now if you put a little planning into place and stay focused on your goals. It takes less money than you think to start enjoying the life you desire. Dream big and believe that can change your life.

2. Goals
Set clear goals with a deadline.Just setting a goal puts you ahead of the crowd. Write down your passions, what you like to do and what you are good at. How you achieve your goals may change over time, that's life.

3. Time and Productivity
Time is not a renewable resource. How are your spending your time?
Track how you are spending your time. You can use a calendar or excel spreadsheet to track how your activities. Figure out what you're wasting time on and start doing activities that help you achieve your goals.
Create a vision of how you would ideally spend your time for a day, week or month.
Have fun with this exercise by writing it down and be as detailed as possible.

4. Money and Finances
Stop buying things you don't need- If you want to live a location independent lifestyle you must get control of your spending. Think about all the things you spend money on that you really don't need. Do you really need the latest smartphone, flat screen TV or $6 cups of coffee?

5. Track your expenses
Write down everything you spend money on for a month. Create a budget after tracking your expenses for a month figure out where you can cut back on your spending. Create a budget for your monthly living needs, long and short term saving, retirement, and money to splurge every once in a while. Living expenses should be 50-60% of net, all other categories should be at least 10% of net each.

6. Get out of debt
Pay off the balances with the highest interest rate first, when they are paid off add that money to the minimum payment of the next balance and repeat until your debt load is more manageable.

7. Optimize your accounts
Set up bank accounts that pay you interest, get rid of high interest credit cards, choose credit cards that give you awards or some other type of incentive.

8. Start an emergency fund
Once you have your financial situation in order try to put away a set amount of money every time you get paid. Strive to have at least six months living expenses in the bank for emergencies.

Making the decision to become a lifestyle entrepreneur can be a scary and adventurous path to follow. To make the transition from being a cubicle drone to a world-traveling mobile business owner there are a few things to consider and vital steps you must take to make the journey a little easier. Working on your mindset to change your thinking is the first and biggest step.
Then you will be well on your way to creating and living the lifestyle you desire, a lifestyle by design rather than a mundane template lifestyle most people accept without question.

Article Source: http://EzineArticles.com/expert/Sid_L_Owsley/1517674

How to Get Rich with Billionaire Mindset

This weeks theme is 'Building for your future'. 
Watch the clip below to for info on how to focus on your passion and love what you do. Have a vision to serve as many people as possible.

Motivational Minutes - It's the Little Things that Make the Big Difference

Tony Robbins 7 Simple Steps to Financial Freedom - Lewis Howes

This is so great... we love the message that the psychological shift is important to work on ... work on your money mind guys ....it's the gateway to success...

Britain: A Nation Living In Fear?

Sorry to start the month with such a negative message but we feel this needs to be said because you need to work out how you can take action and make your story different ... you need to take action to create a passive income and your own financial freedom! Here's why!

With real incomes falling at the rate of 2 to 3% a year, food and fuel costs going up at an unprecedented rate and with many facing the prospect of closing businesses or redundancy, the prevailing mood in middle England is one of growing despair and uncertainty.

Meanwhile billionaires and venture capitalists are celebrating budget proposals to help them avoid paying even more tax than ever. The rich are getting richer and not paying any taxes, while the middle classes are getting poorer as basic costs are rising. The same economic conditions prevailed prior to the French revolution in 1789.

The real losers are small businessmen who bought into the Thatcherite dream of entrepreneurial Britain. Many have been successfully running small businesses for a number of years but were caught out by the unexpected and unanticipated credit crunch in 2008. Having mortgaged homes to finance expensive start-ups, they now find themselves with the double whammy of losing livelihoods and their homes at the same time. Labour, during their time in government, did nothing to protect or forewarn these budding entrepreneurs.

The only people who will make money from the present economic situation are the bankers and the venture capitalists, neither of whom are interested in creating new long-lasting jobs but look only for ways of making monstrous, short-term profits, usually by investing in unprofitable firms and turning them around by laying off staff. Far from mopping up lost jobs from the public sector, the chances are that private sector speculation over the next few years will only add to the unemployment figures. We have been there before.

And if middle England is facing a squeeze, what will happen to those already on the bread line and struggling to find work and to remain in rented property? As benefits are cut, destitution will be the only alternative for many. Homelessness is likely to increase as unemployment approaches record highs.

The situation is dire enough now but likely to get even worse once Tory cuts take effect over the next couple of years. The maxim of past Tory governments has always been to dish out the bad stuff early on in the term and hope for a recovery before the next election. But the best this government can hope for is that the country does not go into a double dip. If it does, it will effectively consign the Tories to another generation in opposition and wipe out their Liberal coalition partners altogether. To some extent it will be a deserved fate. They have ignored warnings from the opposition party and the rallying cry of almost half a million people who turned up to protest in Central London on Saturday, who fear that deficit cuts will choke off the recovery. Experts on the Panorama programme confirmed that far from "all of us being in it together" all the evidence suggests that the poorer half of the nation is paying for the mistakes made by wealthy banks and speculators during the subprime debacle. It is a travesty that in the 21st century a nation of honest, hardworking people who would give up their lives for their country should be so humiliated and mistreated by the powers that be.

Article Source: http://EzineArticles.com/expert/Milton_Johanides/305682
Article Source: http://EzineArticles.com/6123190

How Much Money Do You Want?

It's a common daydream to wonder what it would be like to win the lottery or to receive a large, unexpected inheritance. With a big wad of cash, it seems, anything is possible. This doesn't have to be just a daydream - you can make it happen for real. But the question "how much money do you want?" is a trick question. Unless you collect money for its artistic value, you don't really want money. You want what money can buy.

For example, let's say you think you want $25,000 so you can buy a new car. Do you really want the 25 grand? No! You want the car! The same is true of retirement plans. Do you want 6 million one day? Great! What for? If it just sits in the account your entire life, grows, but is never used, it might as well have been just a daydream. If you want 6 million dollars in your pension one day, what you really want is to ensure a good standard of living for you and your loved ones well into your golden years.

Living is what it's all about. We want to live our lives. We want happiness. We want plentiful opportunities for our children and our children's children. We want vacations and spas and fine food and drink. We want freedom to do what we want when we want. Money is merely a means to an end. To get what we want, we must focus on feeling good about it and be grateful for it - as if we've already received it. We must have the blind faith that the Bible implies with the statement "Ask and ye shall receive." If what you want has a price tag associated with it, by all means take note of that and plan for that, but always keep your mind and heart focused on what you really want - which usually isn't money.

Article Source: http://EzineArticles.com/expert/Brad_Homer/33034

How to Determine How Much You Need For Retirement

 

 

Determining how much money you need to retire on can be a daunting task. For you, retirement may be as many as 40 years away. However, it's never too early to determine how much money you'll need to retire. This may seem tricky to determine an amount you may need decades away. However, if you follow this simple formula you should have more than enough money to enjoy a comfortable carefree retirement.

The first thing you need to do is try to determine what your expenses will be in retirement. Do you plan on owning a home and will you have a mortgage? Or are you planning on renting so that you don't have to deal with maintenance? This can be tough, especially if you are younger and you have no idea where you will even be living in the next 40 years. However, if you are near retirement age you will probably have a better idea. Additionally, you should come up with an amount for basic necessities such as food, utilities, and insurance.

Next, you'll need to determine what kind of income you would like in retirement. A good rule of thumb is to have 80% of what your working salary was. You should consider whether you're an active person that plans to travel and participate in expensive activities. Or perhaps, you are someone that doesn't spend much and you are happy with low-cost hobbies such as gardening and painting.

Once you have an idea of your expenses and income needs the final task is to calculate how much you need to save. There are several online calculators that you can plug your numbers into that will give you the amount you need to save each month. When you're doing these calculations keep in mind that life spans are increasing at an accelerated rate. Many people in the near future will be living well into their 90s and there will be many that make it to 100. This longer lifespan means you will possibly need more money to retire.

Retirement planning doesn't have to be a stressful task. Just remember to determine how much money you would like to live on, factor in your expenses, and decide how much you need to put away each month. Don't get stressed out when it comes to retirement planning. Follow this advice and you should have plenty of money to make it through a great retirement. Hey maybe you'll even be able to retire early!

This blog is dedicated to helping investors achieve financial independence!

Article Source: http://EzineArticles.com/expert/Andi_Sachs/516635

Financial Freedom Fighting

Making friends with your Limiting beliefs!

Let us tell you a little secret… Pam and I are constantly afraid! We are constantly thinking we can’t do that. We are constantly thinking we aren’t good enough. We are constantly thinking we don’t know how….

We’ve recently been talking about limiting beliefs and how they can prevent action towards your ultimate goal… Financial Freedom. When Pam and I discuss people on this journey we often refer to them (and us) as Financial Freedom Fighters. The fight refers to the battle we have with our limiting beliefs. Like any fight this can be draining and the counter-productive, however, it can also be channelled to make you stronger and help you achieve.

Today we are going to tell you a little more about our fight with limiting beliefs and how we cope with the inner thoughts that have potential to hold us back. First a little reminder of the top ten beliefs that can get in the way of taking action!

• I’m too old
• I’m not smart enough
• I’m not educated enough
• I’m afraid of trying and failing
• You need money to make money
• I've already tried everything
• It's selfish of me to want more
• I don’t feel that I really deserve it
• I don't have the willpower
• All the good ones are taken

Pam and I started our Fight for Financial Freedom in 2013. Pam was a stay at home mum with four almost grown-up kids and I was struggling with debt and trying to keep my interior design business afloat since the Credit Crunch. We both felt we were under achieving and we both had a desire to change our situation. A passion or property seemed to hold the answers …..  however, this notion brought with it our first limiting belief… ‘I’m not educated enough’.

This one was actually true! We had rightly identified that neither of us knew enough about property investing to do it well. We didn’t let that stop us though, instead we found an expert. Our expert is Gill Fielding and luckily for us we both saw her speaking about property and discovered she had a course. Thankfully we listened to the ‘I’m not educated enough’ message in our heads and independently we signed up. This one decision changed our lives in so many positive ways but there was still the rocky road of limiting beliefs to travel.

The first huge benefit was that Pam and I met whilst doing this course and became firm friends and property pals.

When we started out we both experienced huge trepidation. The risks felt huge and we were suddenly dealing with an avalanche of limiting beliefs! We were afraid of failing and thought you needed loads of money to get into property. In particular I was scared of the maths and Pam was worried that she wasn’t creative enough. Our confidence was also low in general; Pam had been a stay at home mum for 20 years so she was feeling very rusty about re-joining a work environment and my business and income had taken a hammering due to the credit crunch, so I was dealing with feelings of failure. In addition, we had both spent a chunk of money to do the course and were pressurising ourselves. Panic was building and our will power was being tested.

For a while Pam and I were aware of each other but we didn’t start working together for about 18 months. By this time, we thought we had tried everything to get going and were getting frustrated that nothing seemed to be happening, thoughts of failure were definitely beginning to ring true.

Then, one day Pam invited me to look at a property … she said, ‘I need your brain Tania’… erm I’d never heard that before, nobody had ever needed my cushion-stuffed, dyslexic brain! Anyway, I met up with her and we had a fabulous time viewing a house, she talked about the numbers and I talked about layout and décor. On my drive home I thought, ‘Wow, that was my best half hour in property ever!’ We had both been taught about the concept of Joint Venturing on our property course. When I got home I made a cup of tea (we are in the UK after all) I pondered over the idea of asking Pam if she’d be interested in JV’ing with me?... enter another avalanche of limiting beliefs, just take your pick, my mind went into over drive…

Do you see a pattern here? Every time you do something new there will be a limiting belief that will try and pull you back! Luckily, I mentioned my thoughts to my husband and with ease he told me to ask her… isn’t it funny how someone outside of our internal dialogue, who can’t feel the physical tug of the limiting belief, can help us be brave and take a leap of faith? The next second I was texting Pam, ‘I’m just wondering, would you like to JV with me?’ … moments later she texted back ‘YES!’ and so our partnership begun.

From that day on we have been working together and can’t quite believe what we have managed to create along the way. Very quickly we had bought our first investment property together, working with other people we gathered our know-how and their money to make it happen. Within 18 months we had a £1.25million property portfolio and had started public speaking and created a property networking group.

The limiting beliefs hounded us along the way. Of course they did, we were doing something new! Thankfully, when one of us is down the other is up and we battle through them together and with the help of our families and friends. Talking of friends, the limiting beliefs are also becoming our friends. You know the type, the ones that turn up uninvited and give you hard to hear advice? Now, when we feel the tug of a limiting belief we stop, listen for a while and then work out how we can prove it wrong!

We firmly believe you can take on your limiting beliefs, challenge them and re-write the internal dialogue which is holding you back. Making friends with your limiting beliefs can also help you find the solutions to your problems and drive you forward to a new and brighter future.

Go get’em Financial Freedom Fighters!

Lots of love and support,

Tania & Pam

The Only 2 Money Rules You Need to Live By

 

There is a lot of great advice scattered around the internet about money management. The problem is that there is too much advice. At times, following all the tips you are given can be overwhelming.

That is why it is a good idea to follow these 2 rules. Why only 2? Because you only really need 2 money rules to live by and anyone can remember just 2 rules. 

1. Spend less than you make
Can it get any simpler than this? In order to never find yourself in debt, you need to spend less than you make. This is true if you earn $25 000 or $250 000.
I always find it funny when I hear that a celebrity has been declared bankrupt. I'm not being jealous, mean nor spiteful but how can you be broke when you have earned in excess of $10 million? That is more than enough money to live in unrivalled luxury for the rest of their days!
Spending less doesn't have to be hard. It is easier than you might think:

I. Go through your bills
Go through every single one of your bills. Ask yourself, Do I really need this service? If you have cable but don't watch much TV then cancel it or at the very least choose a cheaper package. The same applies to your phone bill. Do you really need unlimited texts or minutes?

II. Track your spending
With the internet and smartphones being commonplace, it is now easier than ever to keep track of your spending, either with an app or online. Every time you pay for something, write down the amount you spent.
At the end of the month, analyse the list and ask yourself, Did this expense really add any joy or value to my life? This is a great way to find out where your spending is going to waste.

III. Change your routine
Every day, you undoubtedly do little things that cost money. You might get a cup of coffee from Starbucks; Why not find a cheaper coffee shop or cut down the amount you drink? You might eat out; Why not bring lunch from home a few times a week?
Saving as little as £1 a day for both of these things adds up to £730 a year; a substantial amount of money.

2. The 20% Rule
You might have heard of the 10% rule, where you put 10% of your paycheck into your savings account. That rule is simply bad advice. It only works if you start saving 10% of your pay check at 25 years old and never stop saving until you are 65. It leaves no room for buying houses, cars, putting the kids through college, vacations etc. Following the 10% rule can soon leave you broke.

The 20% rule is a far better rule to follow. For every pay check you receive, save 20% of it (If you are 40 and have never saved a dollar then you will obviously need to save more).
It is easy enough to do, even if you are like me and at times lack self discipline. You can have the amount automatically deducted from your pay check every month leaving no room for temptation to enter.

So there you have it, the only 2 money rules you need to live by in life. Money management comes down to spending less than you earn and saving enough money to become financially secure. That is all there is to it.

Article Source: http://EzineArticles.com/expert/Nick_Shepherd/1279881

5 Ways to Deal With Stress and Anxiety of Being an Entrepreneur (Animated)

Can you manage your anxiety and uncertainty? Watch the clip below for 5 great ways to deal with any anxiety you may have.

How To Become Wealthy - A 3 Step Formula

The most certain way to become wealthy is to model genuinely rich people. When you struggle financially, it is almost natural to think of the quickest and easiest way out of your financial mess, which often makes you a potential victim of get rich quick scams.
If you often wonder whether one can get rich without cheating, stealing or winning the lottery, I have an answer for you and it is a big yes.

To become wealthy, you need discipline, determination, and very clear financial goals. You must also be ready to work hard at achieving your goals. Here are three steps that can lead you to a life of sustainable wealth:

Step 1 - Change your attitude towards wealthy people.
Most people from poor or middle class backgrounds have been programmed to believe that rich people are greedy dishonest crooks who take advantage of the poor. Now think about this for a moment. Is this not a perfect excuse for your subconscious mind to sabotage your wealth creation efforts? However much you may want to become wealthy, deep inside you would want to be known as a rich greedy crook that takes advantage of the poor.

Step 2 - Set financial goals and work steadily towards them.
You may have heard this before and you will tell me that you have New Year's resolutions that you have never gotten round to implementing. The goals I am talking about here are financial goals and by setting these, you are able to set the strategies that you will adopt to achieve them.
To become wealthy, you need to know specifically how much money you want to make and in a given time frame. For Example 'I want to make $500,000 in the next six months using all the tools at my disposal, selling widgets' is a clear goal. Once you set a goal like this, it is easy for you to measure your progress along the way.

Step 3 - Invest in your financial education.
How much money do you spend on books, seminars and workshops that teach you how to earn, save and invest your money? Any money you spend on these activities is certain to bring you a return at some point in time. Investing in your financial education can never be a waste of time and money.
For instance, you attend a real estate investment seminar that costs you $2,500. In this seminar you learn how to buy property without having to come up with a large down payment, and you take action based on your newly acquired knowledge.
Two months later, you own an investment property worth $250,000. Suddenly the $2,500 does not seem to be significant, given your return on investment.
Many people resist buying books because in their opinion, the only people getting rich are the authors. If you have such an attitude, you will never be able to move to the next level, because if you are not learning, you are not growing and if you are not growing, you are dying.

No one creates and sustains wealth by accident.

Article Source: http://EzineArticles.com/expert/Augustine_Mwanje/826851

Learn how to become financially free!

The New Rich: How to Become Wealthy

Today I want to talk to you a little bit about the new rich, and how to become wealthy. I've been reading "The Four Hour Work Week" by Timothy Ferris and who wouldn't like one of those? But let's talk about the old rich first.

 

What is the old rich? When I was a kid my family preached to me, "Grow up, get an education, become something important. Be a doctor, be a lawyer, be an engineer, get a good job." Notice that word "good" job.

The idea was that we were supposed to go to college, get a good education, and go to work for a company, probably work for the same company for 45 years, retire with a gold watch and a pension, and then be able to do the things that we want to do with our life. And of course, we're 65 years old by then, retirement age. Now we're going to go start doing the things we want to do? Hardly!

Well, the new rich has turned that upside down. The concept of how to become wealthy has shifted from owning things to having freedom of time to do life on our terms. That old model doesn't work anymore. You can't trust going to work for a company and having a retirement plan. I have a friend who was a 767 check pilot. He flew commercial jets for 45 years. He taught other pilots how to fly commercial jets, yet he had to go back to work and supplement his retirement because his retirement got slashed in half by the airline. You would have thought he would be safe. Nobody's safe!

The idea of the old rich was to accumulate things. How to become wealthy had to do more with things than with life experiences.
The new rich is about living our life on our terms, about doing the things we want to do when we want to do them, and that may mean renting an apartment for six months in Buenos Aires, and it may mean traveling around the United States with our kids. It can mean a variety of different things. But it doesn't, necessarily mean accumulating things. It means doing things. It means accumulating memories, accumulating experiences, and having the time to do the things we want to do and the money to do them.

Now me personally, I'm not interested in big fancy houses and big fancy cars. I love to travel. I love to scuba dive. I love to snow ski and water ski, sail, backpack, hike, camp. Those are the things that I love to do, and I want a portfolio of memories to look back on my life when I'm too old to do those things anymore and remember all the things that I did.

"The Four Hour Work Week", can help point the direction for how you can live your life on your terms, and become wealthy by living life to the fullest and you can begin to do it today. And you can do it from anywhere in the world because in today's day and time, we don't need an office. We don't need a cubicle. We need a computer and an Internet connection. Learn to be an entrepreneur. Take control of your life.

Remember your thoughts are your previews of your life's coming attraction. Dream big my friend and be wealthy and free.

Article Source: http://EzineArticles.com/expert/Len_Mooney/1774823

How To Get Started

If you are sick and tired of the grind of the daily commute, hate suits or whatever your uniform may be, tired of making other people rich by building their business for them with your blood, sweat and tears and getting paid peanuts as a result, then this article will be for you. For there is very much a way to escape the rat race and the most savviest have figured it out and are using the answers to live life on their terms.


First of all let me define rat race. If you are in a position where you are trading time for money, and I don't care if you are working for minimum wage or you earn $2000 per hour, you are in the rat race. For your income to keep coming in, you need to keep working. If you go on holiday so does your income. What is needed is to find a method or methods of bringing in income that keeps on occurring whether you choose to work or not this is commonly referred to as passive income.
Here are a few points worth looking at in terms of your own life to see exactly what is needed for you to learn how to escape the rat race.
 
1) Evaluate spending habits. - This is the very first thing you should be doing before you even consider finding passive income producing vehicles. Look where money is being wasted and make a decision to life as frugally as you can. You will need the extra money to put towards your investments. Ask yourself every time you reach in to your wallet or purse "do I need this".

2) Work out your dream lifestyle cost wise- Sit down and dream up your dream life. Where would you live, what car would you drive, what would you wear, what would you do on a day to day basis, how many holidays per year would you have. Then figure out a cost to it all, what is the mortgage payment on that house, the payment on that car, how much do the holidays cost, how much is your golf or health club membership, how much do you want to spend shopping per day. This will then give you a monthly figure that you need to be producing.

3) Start an entrepreneurial venture- This is probably the biggest key for so many to learn how to escape the rat race, but one so many get wrong. They start a business venture and all they really do is buy a job. By that I mean they have to work twice as hard on a business because it is their business. They can't leave the business or it will stop producing. Look to create something or get involved with something that will generate passive income, income that comes in if you work or not. Network marketing is an example of this but is not necessarily the right road for everybody. Rental properties or dividends from corporate companies you have invested in are another example, or royalties on a product you have created.

4) Don't work for money, work for time- Always bear that in mind, can you pay someone else to do it for you. Don't get caught up in things that don't really matter. The new rich have discovered that time to do what they want to do when they want to do it is what really matters the most.

5) Have money work for you, your cash flow buys more assets. This is really key; when you start making profits or generating additional income, the temptation is to rush straight out and splurge on a fancy car or holiday, etc. Just wait a little longer, delayed gratification never hurt anyone. Start to reinvest some of those profits back into other cash flowing producing assets,  eg: stocks, bonds or property, or even another business. This is how you create real wealth.

Article Source: https://EzineArticles.com/expert/Robert_J_Bright/889423

Financial Freedom

Another reason to become financially free!

3 Signs That You Will Become Rich One Day

This clip is really interesting. It talks about the 3 signs that you will one day become rich. How many of them do you implement now?

1. Speed of implementation of new ideas
2. Your ability to take action when you don't feel sure.
3. How much you value your time - make every second count towards your dream. 

Follow your passion and take Regular Massive Action

So many people advise you to follow your passion, it's everywhere you look:
Facebook, Twitter, Pinterest, seminars, webinars... It's a well intentioned and appealing notion that you and I must follow our passion in life. It's purposely left very open ended and vague because in reality it's advice that has very little actual guts to it.
The commonly understood basic equation for follow your passion looks like this.
If you match your profession or work with a pre-existing interest you will have a happy and fulfilling career. It further goes on to imply that the line between those two points is simple and straight. That with one simple decision you will have the life you've always dreamed of. While such one dimensional logic works great in sales letters, pitches, and seminars in real life the theory doesn't prove true.


Get Really Good At Something... Here's The Catch... It Takes Time
We must get really good at a particular skill.
Even in today's fast food, get it fast with the least amount of work culture, world getting really good at something takes time. You can't rush mastery.
Newport calls these specialized skills "Career Capitol". And this is where it gets confused. We look at someone who is very successful and say, "See there, they did it! That's what happens when you follow your passion. That's what it takes." Unfortunately that's not correct. 

Follow Your Passion Means Time and Work
If we look at top performers in any industry from internet marketing to sports they have in most cases spent years perfecting a set of unique skills. They didn't just follow an empty dream, wish, or passion to become great. They developed a skill so good, so specialized, that they couldn't be ignored. They did more than listen to the catchphrase of follow your passion. They took action and repeated those actions through practice every single day.
Massive action for a day means little. Massive action every day over time, equals massive results.
I think we should spend a lot less time cheer-leading our peers and ourselves with the message of follow your passion and instead passionately work to get great at what we do. 
When we succeed a casual observer may post our picture with a quote on Facebook for inspiration saying "See what happens when you follow your passion!"

Source: https://EzineArticles.com/expert/Gary_Miller_Jr/1631618

With children nowadays being so tech savvy, it makes you wonder if the scenario below could be possible. lol! What do you think?

FOLLOW YOUR PASSION! - Motivation Video

Follow your passion!  Life is about following your passion and never giving up, even if you 'fail'. Please leave a comment to let us know what inspires you.

Do What You Love - Inspirational Video

Ideas to Earn Extra Income - What Do You Love to Do?

If any of these ideas appeal to you, go for it!! And let us know how you get on! 
 
These days everyone you meet is looking for ideas to earn extra income. Things are pretty tough out there and everyone is feeling the pinch. Fortunately, there are still many opportunities available. All you have to do is find what you are naturally inclined toward and redirect it into a cash enterprise.

This is not as difficult an exercise as you might think. Write down a few of your personal pleasures-things that you do because you enjoy them. You may write down ten things, but they will not all be cash makers. Your own ideas to earn extra income will be quite different from everyone else's.

How about shopping? Do you like heading into stores to see new stock and meet the staff? Then you may want to investigate Mystery Shopping. Check it out on the web. You will soon see that there are many companies willing to pay you for evaluating their stores. All applications are available online. Payment is usually through PayPal. Some sites will try to get you to pay for membership, certification or lists. I have never bought any of these offerings. It has not stopped me from mystery shopping for the last five years.
When you choose companies, you must study their rules. They are all focused on different criteria. You must report on the qualities they wish to examine. This is one of the best ideas to earn extra income, because it is never boring. Every assignment is different.

Are you Always Working With your Hands?
People whose hands are always busy with knitting, sewing, cooking, writing - anything really, stop! Would someone else like to buy your product? There is a renewed respect today for hand made craftsmanship. Why not advertise your wares and start taking orders? When searching for ideas to earn extra money, do not sell yourself short. If you are the best tea-cosy knitter on the block, don't keep it to yourself.

You may be a Computer Genius!
Let's face it, some people simply do not work well with computers. People  will pay you to help them do whatever they have been unable to get done. People over fortty did not grow up with computers all over the house or at work. I am suggesting that when thinking about ideas to earn extra income, you compare your own special abilities to those of other people. Sometimes it is obvious that they need your expertise.

Article Source: http://EzineArticles.com/expert/John_Farcikan/398143