All posts by Andrew Block

3 Hard Facts About Creating Wealth In Your Life

The desire to become wealthy might be something that you struggle with. Often the dream of being rich can be filled with ethical notions and conflicting thoughts that actually prevent us from finding the wealth that we desire. What can you do to overcome these conflicting thoughts and allow yourself to become wealthy?

You might not think that you have any conflicting thoughts but there’s a pretty good chance that they exist whether you believe it or not. Most of us have been taught that a desire to become rich is bad. We might have feelings about wealth that prevent us from making the decisions and taking action to bring money into our life. Changing how you think and feel about wealth is important to your success.

The first area where you might be having some trouble has to do with your own worth. Do you secretly feel that you’ll never be rich? Do you think that it’s other people that become wealthy and it simply isn’t in the cards for you? You dream of having enough money to do the things that you want in life but you don’t believe in your heart that it will ever happen for you. Maybe you feel that you’re cursed financially or that the right opportunity will never happen for you.

To reverse this faulty thinking, make a conscious effort to learn more about the world’s wealthiest people. You’ll find that most of them don’t come from wealthy families and there are many that were thought to be quite ordinary in the early years of their lives. You are no different than the world’s wealthiest individuals. They have no advantages that are lacking in your life. They simply had the courage to believe in their dream and to move forward in spite of circumstances or the reality that stood before them. They knew that a self defeating attitude would prevent them from doing their best to achieve great wealth in their lifetime and the same holds true for you.

Next, many of us believe the stereotypes and labels that our society puts upon the wealthy. In your own life, there may have been a defining moment that made you believe that rich people are bad or that everybody hates the rich. You might worry that other people will hate you or that along with your wealth you might earn one of these labels. You fear being rich for personal reasons or because you care very much about what people say about you.

While it is true that many people become jealous of wealthy people, there is a lot of good that might be done with your wealth. You could help your friends and family to realize their dreams. You could provide for yourself in your later years so you don’t become a burden to your family or society. You don’t have to change if you were to become wealthy. Maybe you’ll be the kind of rich person that remembers the difficult times and donates a portion of your wealth to a charity that is near and dear to your heart.

Finally, you could be plagued by your upstanding morals and conscience that reminds you that if you desire more money then you aren’t being grateful for all that you have. You might have a feeling that a desire to become wealthy is evil and to want more money to experience all the things in life that you wish to experience makes you greedy. You feel that you should be satisfied with your station in life and to ask for more of anything is an undesirable trait. You know that more money would solve a lot of problems and relieve a lot of stress in your life but you can’t get around the idea that wanting more money makes you feel bad.

To get past this awkward feeling about money and wanting more of it in your life, you can begin to think of money as simply a number. Money is a number that we use to measure success in business. It is simply a numerical goal that we set for ourselves and the score is kept in your bank account. If you can think of money as something different that you can collect such as sea shells or acorns then perhaps you can remove this stigma that you have inside your mind when it comes to wanting money. After all, where is the harm in wanting more acorns or sea shells? Although, there is absolutely nothing wrong with seeing a need for more wealth in your life and dreaming of fulfilling that need, is there?

Getting past all the stigmas and bad thoughts that we all have about money and wealth is your first step in the right direction towards becoming wealthy. These thoughts inside our head can be changed. These barriers that cause you to give up on yourself and your dreams can be overcome. Focus on having more positive thoughts about wealth and you will find that financial success will come to you more easily. You will also find that you’re more comfortable with the idea of becoming wealthy and you’ll become a happier human being in the long run.

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The Secrets To Getting Rich That You Can Take To The Bank

Becoming rich is a common dream. Having financial security might not bring us happiness but having enough money to experience life and do the things that we want is a goal that many of us would love to achieve. The freedom and peace of mind that comes with being wealthy should be apparent to anyone. The stress of being without the necessary money to pay bills and live a full life makes life difficult, at best. But how can you become rich? How can you enjoy the same wealth that so many people seem to have in their life?

By studying what makes us similar to wealthy people and what makes us different, we can follow in the footsteps of those that have achieved great wealth. By copying what wealthy people do it only makes sense that you too can become wealthy and enjoy the same kind of lifestyle and peace that comes with being rich.

While you might feel that wealthy people have been given opportunities that you haven’t, you will find that most rich people aren’t much different than you are. Many have had difficult lives and had to struggle with the same problems that you have in life. Most wealthy people are no smarter than you are and they haven’t had the benefit of any sort of special education. When you dig deep into their background you will find that many wealthy people actually had a difficult life before they found success. In other words, you are equal to the world’s most wealthy individuals in most respects.

If you want to become rich, try spending time with wealthy people. Learn what they think and how they feel about money, wealth and investing. If you simply don’t have the opportunity to rub elbows with some millionaires, read books about them. Research their background and their life story. You might be shocked by some of the stories but by understanding what makes rich people tick, you very well might see that you have a better chance at becoming wealthy than they did.

Most rich people will tell you that in order to become wealthy you’re going to have to learn how to tolerate risk in your investing. High rewards come to those that are able to endure great risk. The bigger the risk, typically, the higher the reward. This risk transfers to many aspects of life including investing, business and the ability to learn and adapt in situations where you might not feel completely comfortable. In order to keep the risk to your savings to a minimum, consider risking only a small portion of your entire savings but seek out investments that you feel good about but which others might consider risky.

Most wealthy people will tell you that they started out no different than you. They saved as much money as possible and then invested that money to make it generate more wealth. Saving can be difficult but it is the surest way to generating wealth. Investing wisely in assets that will create wealth without an effort on your part is how the rich become richer. Eventually, your investments will generate enough income for you to live on and quite possibly more. Trading hours for dollars is how most people generate income but the wealthy know that leveraging your savings to generate income is how true wealth is built.

Start a small business that you are passionate about. Creating wealth and building a business requires a lot of hard work. If you are getting into a business simply because it’s profitable, you will fail. On the other hand, if your business is your passion you won’t have a problem with working day and night to make your business profitable. Your passion will help you to push forward when others would want to give up and quit.

The fear of failure is something that all of us encounter in our lives when we begin to change our lives. Even wealthy people fear failing at business or with a particular investment but they push past that fear and continue on anyhow. They know that failures will come their way. They know that there will be investments that will fail. This doesn’t make them a failure. It is merely a fact of life and a part of being successful. In short, you can’t win them all and every successful investor knows this and takes failures in stride while knowing that there will be a good portion of their investments that will make up for the failures.

If wealth and the peace of mind that comes along with being rich is important to you, remember these tips and tricks. Think about your future and what it’s going to take for you to achieve your financial goals. You’re no different than anyone else in this world and you can become wealthy if that is one of your goals in life. Remember that wealth might not be the road to complete happiness but money removes a lot of the worry and fear that many experience throughout life.

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