Ten Steps To Awaken Your Financial Genius
A good miner once said "there is gold everywhere. most people are not trained to see it". This is true in even when it comes to making money, the reason so many lack having it ,they have not taken time to develop their financial genius. I believe that each of us has a financial genius within us, the problem is, our financial genius lies asleep, waiting to be called upon. it lies asleep because our culture has educated us that the love of money is the root of all evil. it taught us not to worry about our financial future, and when we run short, we can always borrow more.#money
I offer you the ten steps as a process to develop your God-given Powers,power only you have control over.
1.I NEED A REASON GREATER THAN REALITY - The power of spirit.
If you ask most people if they want to be rich, they would say yes but then reality sets in, the road seems too long with many hills to climb. A reason or a purpose is a combination of "wants" and "don't want" . When you ask me what my reason for wanting to be rich is,it's a combination of deep emotional wants and don't want. I will list a few don't want, "I don't want to work all my life, I don't want what my parents aspired for,I hate to work and have nothing to pass out on to my children" now "I want" control over my time and my life, I want money to work for me, I want to be young when I do this.
Those are my deep seated , emotional reasons,what are yours? If they are not strong enough then the reality of the road ahead maybe greater than your reasons. People lose money and have set back many times but it was the deep emotional reasons that kept them standing and going forward.
I wish I could say it was easy .it wasn't, but it isn't hard either but without a strong reason or purpose anything in life is hard.
2.I CHOOSE DAILY - The power of choice
That is the main reason people want to live in a free country. We want the power to choose.
Financially, with every dollar we get in our hands, we hold the power to choose our future to be rich,poor or middle class. Our spending habits reflect who we are. Poor people simply have poor spending habits.
Most people choose not to be rich. For 90 percent of the population being rich is too much of a hassle, so they invent saying that go 'am not interested in money or I don't want to worry, I'm still young" the problem with this statement is 'they rob the person who chooses to think such thoughts of two things. One is time, which is your most precious asset and two is learning. Just because you don't have money,it Should not be an excuse to not learn. but that is a choice we all make daily, the choice of what we do with our time,our money and what we put in our heads. That is the power of choice.#circlejerk
In reality the only real asset you have is your mind, the most powerful tool we have dominion over . you can read magazine all day or watch MTV or a class on financial planning. It's all a choice you make. Most people buy investment rather than first learning about investing.
Arrogant or critical people are often people with low self-esteem who are afraid of taking risk. If you learn something new,you are then required to make mistakes in order to fully understand what you have learned. If you have read this far , arrogance is not one of your problems. arrogant people rarely read or buy tapes. why should when they are center of the universe. A truly intelligent people welcome new ideas, for new ideas can add to the synergy of other accumulated ideas.
I do not subscribe to "get rich quick" mentality most lottery players player or gambler have. If you want to fly an airplane, I advice you taking lessons first.
3.CHOOSE FRIENDS CAREFULLY - The power of association.
First of all,don't choose your friends by financial statements. Have friends who have actually taken the vow of poverty as well as friends who earn millions every year. The point is "learn from all of them and consciously make the effort to learn from them"
Now I will admit that there are people I have actually sought out because they had money but I was not after their money, I was seeking their knowledge.
I would say that one of the hardest things about wealth building is to be true to yourself and be willing to not go with the crowd.#business
4.MASTER A FORMULA AND THEN LEARN A NEW ONE - The power of learning quickly.
In order to make bread , every Baker follows a recipe, even if it's only held in their head . The same is true for making money.
Most of us have heard the saying " you are what you eat" I have a different Slant on the same saying. I say "you become what you study" in other words be careful what you study and learn, because you mind is so powerful that you become what you put in your head. For example if you study cooking, you tend to cook. If you don't want to be a cook anymore,then you need to study something else.
If you are tired of what you're doing or you're not making enough, it simply a case of Changing the formula through which you make money.
Another side note in today's fast changing world, it's not so much what you know anymore that counts, because often what you know is old. It's how fast you learn. that skill is priceless.
5.PAY YOURSELF FIRST - The power of self discipline.
If you cannot get control of yourself, do not try to get rich. It is lack of self discipline that causes most lottery winner to go broke soon after winning million. It is lack of self discipline that causes people who get a raise to immediately go out and buy a new car.
It is difficult to say which of the ten steps is the most important but of all the steps, this step is probably the most difficult to master if it is not already a part of your make up. I will say that it is the lack of personal self discipline that is the no.1 delineating factor between the rich , the poor and the middle class.
Simply put, people with low self-esteem and low tolerance for financial pressure can never be rich.
6.PAY YOUR BROKERS WELL - The power of good advice
I believe in paying a professional well, if people are professional their services should make you money and the more they make the more you make.
We live in the information age. Information is priceless. A good broker should provide you with information as well as take the time to educate you. A broker save you time in addition to making you money. The broker is your eyes and ears to the market. They are there everyday so you do not have to be, you do rather do other things so it's a good habit that you pay them well. All you do is find a broker who has your best interest at heart. Many broker will spend the time educating you and they could be the best asset you find. just be fair and most of them will be fair to you.
One of the management skills is the management of people
7.BE AN INDIAN GIVER - This is the power of getting something for nothing.
When the first white settlers came to America ,they were taken aback by the culture practice some American Indians had. For example, if a settlers was cold, the Indian would give the person a blanket. mistaking it for a gift, the settlers was often offended when the Indian asked for it back
The Indians also got upset when they realize the settlers did not want to give it back. That is where the term "Indian giver" came from.
8. ASSETS BUY LUXURIES - The power of focus
It is much easier in today's consumer world to simply blow it out and the expense column. Because of weak mental fortitude,that money flows into the paths of least resistance. That is the cause of poverty and financial struggle. I love luxuries as much as anyone else. The difference is, some people buy their luxuries on credit.
Often today , we focus on borrowing money to get the things we want instead of focusing on creating money.
To be the master of money, you need to be smarter than it.
9. THE NEED FOR HEROES - The power of myth.
As kids we grew up wanting to like a someone we admire. Most times when we want to do something they do we are them, it's one of the most powerful ways we learn that we often lose as adults. We lose our heroes. We lose our naive.
Heroes inspires us or do more than inspires us. Heroes make things look easy. It's the making, it looks easy that convince us to want to be just like them. If they can do it,so can we. When it comes to investing, too many people make it sound hard. Instead find heroes who make it look easy.
10. TEACH AND YOU SHALL RECEIVE - The power of giving.
If you want something, you first need to give. If I could leave one single idea with you,it is that idea "whenever you feel short or in need of something give what you want first and it will come back in buckets. That is true for money, a smile,love , friendship. I know it is often the last thing a person wants to do but it has always worked for me. I just trust that the principle of reciprocity is true and I give what I want. I want money, I give money and it comes back in multiple. I want sell so I help someone else sell something and sales come to me. I heard a saying years ago that went God does not need to receive, but humans need to give
Someone told me, "poor people are more greedy than the rich people" he would explain that if a person was rich ,that person was providing something that other people wanted. In my life, over all these years, whenever I have felt needy or short of help, I simply went out or found in my heart what I wanted and decide to give it first. And when I gave it always come back. When it comes to money,love, happiness,sales and contact, all one needs to remember is first give what you want and it will come back in droves.
So that's why I say teach and you receive. I have found that the more I sincerely teach those who want to learn, the more I learn. If you want to know about anything or money , teach it to someone. A torrent of new ideas and finer distinction will come.
There are times when I have given and nothing has comes back or what I have received is not what I wanted but upon closer inspection and soul searching, I was often giving to receive in those instances , instead of giving to give #investing
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