Financial Articles


Wealth Building - True Wealth is MORE than Money!

Posted in Wealth Building by web on the August 5th, 2006

Take a moment and think about what abundance means to you. Ask yourself, “Do I feel abundant? What areas of my life do I feel abundant in?” Let’s get clear now. Rate yourself from 1 feeling impoverished, 5 being comfortable and 10 being abundant.

___ Home

___ Partner

___ Self

___ Parenting

___ Work

___ Friends

___ Fun

___ Health

___ Finances

___ Spirit

___ Self-Love

___ Hobbies

___ Creativity

Now, here’s part of the trick. You will need to be unconditionally positive about your circumstances. You have been creative and even if some areas of your life are a mess, you helped create that mess. That’s ok, it taught you something. You’ve learned what you don’t want. Now, let’s move to creation. Bless and have gratitude daily for the abundance you’ve created. Now, in the areas where you are lacking abundance, answer these questions.

What would it look like to me if I was abundant in my (home, with a partner, with my finances etc.). Get specific or else you’ll wind up with any old thing.

Write exactly what it would look like to have abundance in this area. How will you feel when you have abundance in this area?

Is it important for you to have abundance in each of the areas?

Now, see in your mind’s eye a picture of what this looks like. Affirm that abundance is happening in each of these areas.

List 10 action steps you can do TODAY that will bring your abundance in a specific area closer to you. Let’s say, for example you want a beautiful home. You could choose to work on the one you currently own or rent while looking for the new home. So, your action steps might look like:

CURRENT HOME: Taking good care of what you have NOW opens the door for greater wealth latter.

Clean closets

Plant flowers

Paint Lawn Furniture

Wash Windows

DREAM HOME:

Cut out magazine pictures of rooms I love

Meet with realtor to look at homes

Budget to save for a down payment

Talk with partner about moving

Drive in neighborhoods to look homes

List your 10 steps below.

Continue your momentum. Now write a plan for success. Include all the reasons you want to create the abundance in this area and how you’ll feel once you’ve achieved abundance. Visualize your perfect home. Perhaps create a dream board with photographs from magazines that have the kind of home you dream of.

Free Newsletter with up to the minute coaching on self empowerment and successful livingas well as business, marketing, networking http://www.irisfanning.com.

 

Article By: Dr. Iris Fanning

Building Wealth – This Investment Could Make You Rich

Posted in Wealth Building by web on the August 5th, 2006

If you want to build wealth were going to give you some tips and show you an investment that could double your money each year with low risk.

Sounds to good to be true?

Read the facts and decide for yourself!

1. If you want to build wealth then you need to do it for yourself.

No fund or asset manager is going to make you rich. If they could they would not need clients like you! They would do it for themselves.

The reality is you can do it for yourself and it’s a lot simpler than you think.

2. Get your money working for you

You want to build wealth and you want to build wealth quickly.

This means building your money up by taking advantage of compound growth. You need a high return low risk investment.

3. Balancing the reward & risk

You don’t want the biggest gain you want the best gain to downside volatility. Lets look at an example.

If you have $30,000 and you make 100% annually you have $60,000, make 100% again and you have $120,000. Now lets take a bigger gain of 250% growth, but one year is a loss. In the first year you lose 50% that’s $15,000 but you then make 200% that’s $60,000.

It’s a bigger gain over 2 years but your $60,000 worse off!

When you invest you want to compound your money and make your money do the work of making more money and this means NOT aiming for the biggest growth but the best growth you can with low downside risk.

4. What investment is easy and can make me wealthy?

There are plenty to choose from if you want to build wealth for yourself and they include:

Stocks, futures, options and currencies but the risk reward is not there. You can get huge gains but the risk of losing is high.

Lets face it the majority of investors lose in financial markets.

A good solid investment is always property and you can make triple digit gains annually but perhaps the best investment of all is land. Its cheap and easy to make money from.

If you have never thought of investing in land because you thought it was to complicated or expensive think again - it isn’t. Many investors with no previous experience are making 100 – 200% annual profits with low risk.

Why is it such a good investment?

Its not just the upside potential it’s the fact that it tends to lack downside risk. If you buy in booming emerging economies prime land tends to be cheap have high growth rates and Little or no downside.

5. Where to invest to make serious wealth

Just 3 hours from the US is a country where prime land is increasing and in value by 100% annually and investors are getting rich. The investment is easy to do, you only need common sense and its very tax efficient.

There is not enough room to cover all the benefits of building wealth quickly with Costa Rica land but if you want to make money quickly there is no better investment to achieve this.

More Info

On how to invest in land and get a FREE report on the benefits of Costa Rica as well as all the info you need visit http://www.costaricalandlots.com

 

Article By: Sacha Tarkovsky

Financial Freedom Resources

Posted in Wealth Building by web on the August 3rd, 2006

Obtaining financial freedom is a very important goal that everyone should strive for. However, it is not as easy as you might think to achieve. Americans today on average spend $1.22 for every $1 they earn. Living in debt has become a normal part of our everyday lives. This type of spending habit can be contributed to the lack of discipline, lack of money-management education, and also the relative ease in obtaining credit cards. If you wish to obtain financial freedom, there are many resources you may be able to use in order to assist you.

One of the resources that you can use is the Internet. The Internet contains a lot of information you can use to help you with your finances. There are a lot of websites available that will give you valuable information on how to get out of debt and how to budget your money. It can also direct you to other ways you will be able to get help.

If you wish, you can also buy self-help books on how to achieve financial freedom. Many finance experts have written books containing their knowledge on the subject.

Another resource at your disposal is financial seminars that are held in some cities. These seminars are designed to teach people how to create a manageable financial plan, as well as educate them on the dangers of deficit spending.

All of these resources are out there for you to use. However, they are only as good as you allow them to be. It would be pointless to pursue these resources if you do not follow the advice and suggestions of these people. The most important key to achieving financial freedom is your own actions.

Financial Freedom provides detailed information on Financial Freedom, Steps To Financial Freedom, Financial Freedom Resources, Financial Freedom Services and more. Financial Freedom is affiliated with Commercial Equity Line Of Credit.

 

Article By: Damian Sofsian

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