Topic: Real Wealth

The Art of Giving and Receiving

The holiday season brings with it merry cheer and the one custom that is shared across many religious and cultural traditions…giving. We often hear the phrase “it is more blessed to give than to receive” quoted during this season. It is in this phrase that many find their sense of happiness and purpose.

Research done by social psychologist Liz Dunn and her colleagues shows that people’s sense of happiness is greater when they spend relatively more on others than on themselves. The survey was conducted with over 600 US citizens and of various income levels.

The most interesting fact from the research was that even those with little money reported greater happiness when their giving surpassed their receiving.

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Is Your Mindset Right?

After my marriage came to an end, I had a BIG decision to make.

I could either be a victim of my circumstance or I could make the decision to RISE above and fix my mindset on success. My perception of life changed.  I moved across the country and decided to put the knowledge I had gained in previous years to work.  Income started pouring in from various streams but even so, my life felt completely out of control.

I REALIZED THAT BEING WEALTHY WASN’T ALL BASED ON INCOME OR MATERIAL ASSETS; BUT WAS INSTEAD AN OVERALL SENSE OF WELLBEING.
THIS REVELATION CAME AFTER MY MINDSET CHANGED.

Thought power became the key to creating my reality. I became the master of my destiny […]

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Say Goodbye to Your Money Struggles

Every day you are faced with thousands of choices. They may be as trivial as what to eat for breakfast or as monumental as what career path to take. Regardless of the type of choice, your choices create your reality.   No choice is without consequence.

It’s when we finally realize that each choice bears a consequence that we can finally break free of our money struggles.

Life isn’t that difficult.  We make it difficult. We have the power to change our current circumstances every minute of every day. When the pain of staying the same outweighs the pain of change – we decide to get out of our comfort zone and try something new.

Your First Step to Stop Struggling

Your first step […]

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How do you view real wealth?

It’s easy to think that once you become a millionaire, you’re set. All your financial woes go away, and you have “made it.” However, this kind of mindset is dangerous because real wealth is not measured by how much you have, but rather how long you can last on what you have.

Are you looking at your saved money as real wealth?

When people think about “lasting on the money I have,” they immediately want to save more and put more money in the bank. Over years of traditional thinking, most employees would think this way. However, sooner or later, the inevitable will happen. The money you have in the bank will run out. To the financially educated, they are looking at 1) […]

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Let Passion Be Your Driving Force

Passion is the driving force that brings success. In all our decisions, there is a variety of motivation and intensities. But when passion kicks in, it’s the one thing that makes us want to “leap out of bed in the morning” and begin the day with purpose. Moreover, dedication begins long before you see a profitable dollar. It’s an attitude that ignores distractions and bashes through obstacles with flexibility and end-goal-strategy.  That is because passion is a force with the power to propel you forward. Passion leads to attracting wealth!

An opposite emotion, fear, is notorious for suppressing passion. Fear has an equally powerful effect on your thinking, words, and actions. Fear brings up “what if” scenarios and old mindsets that […]

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How do you generate more income?

Everyone making an income will fall into one of the four categories of earners. Each one is earning money, but which will build wealth? Which will be able to create the life they desire? Let’s look at how each of us fits into one of these categories:

Employee: This is the person that has a job and chooses to work for other people. They trade their time for money.
Self-employed: This person works for themselves – They make their schedule & dictate terms for earning an income. They own their jobs, and their role needs them to be successful. They find themselves stuck in the day-to-day operations of the business.
Business owners: This person is the visionary. Therefore, they have created processes and systems so the business creates profits without them […]

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Wealthy People Have Multiple Streams of Income

I always say that the easiest way to become wealthy is to do what rich people do. And, it’s simple. Rich people don’t stay in a job for many decades. They don’t get buried in their business. Rather, they invest in themselves and education which ultimately leads them to success.

Traditional Schooling Doesn’t Teach About Passive Income

Most students in public schools today do not gain the financial education they need to be successful. In fact, many people who want to be investors do not have the know-how to be successful.  But, wealthy people take the time to invest in themselves first. They learn to invest in education specifically in real estate, business, stock, and commodities so that their decisions can create multiple streams of […]

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Tips for Entrepreneurs – Passive Income Creation

If you’re looking for a path to financial freedom, then look no more – Passive Income is the key.  The money left over after money earned, less expenses paid from that same money, received on a regular basis, with very little effort required to maintain it is what comprises Passive Income.  If you ever became physically unable to work or became ill, passive income could carry you through that down time.

With the benefits of online marketing and the ability for an entrepreneur’s business to have a broader reach via the internet, creating passive income streams is at the top of the must do list for many entrepreneurs.  Many have tried— and failed—to create successful passive income streams. Below is some […]

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What is the Best Way to Generate Passive Income?

By the nature of a blog post, financial and investment information must be kept very general. I cannot make specific recommendations for investing. For both legal and ethical reasons, the percentages below are rough estimates and are for general information purposes only.

Wealth Attraction is the idea that, if you put yourself in the right position, the universe will reward you for your foresight. The universe will help you acquire wealth with a minimum of effort and stress. Because of my success, I am a firm believer in real estate investments as a great way to generate passive income. In fact, I believe in this tactic so much that I’ve spent the last 20 years teaching others how to do it.

Generate […]

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US Retirement Savings is Not Keeping Pace

Startling financial news has hit the media in the past few weeks, as personal-finance news website GoBankingRates.com shared recent data that clearly shows how retirement savings is not keeping pace for families in the US.

If you are an average worker in your forties, you’re making decent progress toward retirement, with a bit more than $81,000 saved in various ways for that golden day. However, if you happen to fall into the mean of workers, those in the 50th percentile, you’re in serious trouble, with barely $6200 in retirement saving stashed away.

This is according to a report titled, “The State of American Retirement”, from the Economic Policy Institute (EPI). The report emphasizes that, because so many families have zero […]

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