21st Century Academy

There is probably no one who does not want to find a passive income opportunity or create additional wealth. As the saying goes, “You can’t be too rich, or too thin.” The keys to financial independence are being disciplined enough to find investment funds, then acting on opportunities as they are presented.

There are many ways to build wealth. No two people will find success doing so in exactly the same way. But that is the great thing about investing in your financial future – you can do it in the manner that best suits you and your current situation. Young or old, single or head of a family, there is a perfect way to make money just waiting to make you rich.

Are You Prone to Mistakes?

The only thing holding you back are the mistakes you may make – or have made in the past. These include:

•    Scams and schemes – lots of people will try to get you to believe they can make your rich overnight. Beware outrageous and unsubstantiated claims. Increasing your income takes time and effort. If an opportunity sounds too good to be true, it probably is.
•    Too much research, too little action – how often have you thought to yourself, “If only I had done such and such way back when, today I would be rich.” Stop regretting past inaction and start now. Download Jamie McIntyre’s free e-book here and get on the road to financial independence.
•    The time excuse – yes, we are all busy. We hold a job, have a household to care of, and are committed to a variety of social activities or community involvement. But we seem to always make time for the things we really want to do. Now is the time to make wealth creation a priority.
•    Unplanned investments – if you do not have a road map to financial success, how can you tell if you are on track to reach your goals? Unplanned investing is a recipe for disaster. It is important to lay out your money making goals and define the steps to make them happen. Then act on them!

If you are guilty of one or more of these mistakes, don’t despair. Instead, get started on a new track. Wealth education helps you to: motivate yourself, be open to receiving good investment advice, and helps you to track your progress along the way toward success. You can find out more ways to increase your wealth at The 21st Century Academy.

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What is the greatest difference between someone who merely makes an income and someone who is truly wealthy? It is in their mindset. Let’s examine this premise a bit further.

Many of us, even in this failing economy, tend to want to buy. We covet the latest and greatest gadget, the fastest computer, the newest piece of technology. Too often we gauge our success against that of others, and worry more about keeping up with the Joneses than taking care of ourselves.

With that kind of philosophy you will never get rich.

Dedicate Yourself to Building Wealth

There is no easy way to become rich. It takes a lot of dedication and the ability to resist making unnecessary expenditures.

It also involves saving every extra penny to accommodate those unexpected expenses. It is nearly impossible to build wealth if you lose all your assets due to an extended illness, loss of a job, or the theft of your identity.

What is Wealth?

Wealth is more than just cash in the bank. It is defined as all of your assets. Income is just a way to pay the bills. Conversely, wealth is extra money, much like a savings account. It is wealth that is used to contribute to investments, to reduce debt, and to create liquid assets.

The way to increase your wealth is to funnel as much as you can from your income into accounts which will either pay down amounts you owe in loans or produce a profit, such as stock market investments.

Take the time to figure out how much money you need to reach your financial goals. It may be less than you thought and the prospect of real wealth may be well within your reach.

Wealth is also how you feel in life. Two people can have fists full of money but one may be wealthier than the other because of all the joys in his or her life. A great way to get the right wealth mindset is to look for a coach or mentor. Jamie McIntyre is a self-made millionaire and offers a free e-book that can help get you started on a route toward wealth.

To your success,

Clint Maher

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The snowball effect is something that applies to many of the concepts and ideals that you’ll learn throughout the course of your financial empowerment program. But what got me thinking about it today was something I ran across online that talked about the snowball method of getting out of debt. And it occurred to me that its opposite was very much true for building wealth.

The Financial Snowball Method Of Debt And Wealth

What this very popular method of debt reduction states is that a person should pay off their lowest-balance debt first, regardless of other factors like interest rates and so on, to capitalize on the psychological effect of accomplishing something very worthwhile. Once that is done, the action moves to the next lowest balance, using the newly freed cash to pay on that balance and make faster, more motivating progress.

There is a lot that we can learn from this method, and in many ways this fits collaboratively with exactly what Jamie McIntyre has been teaching us all along. Not only are you making and seeing real progress, but you are building that positive mindset of change and financial success that is so necessary for wealth. And all that progress and positivity is attracting more progress and positivity, so it is enhancing the snowball effect even more.

Throwing Snowballs At Creating Wealth

If you think about it there are a lot of ways you can capture the power of the snowball effect to create wealth and maximize this financial empowerment program. A few examples include

• Starting out small with wealth education, and snowballing that effort
• Starting small at saving, and snowballing that effort
• Starting small with investing, and snowballing
• Starting small with positive mindset
• Starting small with debt elimination, then transferring snowball effect to savings, investment, and creating wealth

I’m guessing that you can add to this short list, too (and please do in the comments below). And remember that when you apply the snowball effect to wealth-building, the effect grows more quickly and more beneficially, because you add the advantages of investment, interest, and dividends to the money you invest. So your wealth snowballs will grow bigger and even faster than those of your debt repayments.

Here’s to your snowballing success!

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2008

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It probably goes without saying that in order to build wealth you have to invest in your own financial empowerment. That’s true in terms of what you do with your money, but it’s true of other related aspects of building wealth. Investment, however, can mean many, many different things. Let’s explore.

Financial Investment For Creating Wealth

At some point you have to make a financial investment in some form in order to build financial prosperity. That probably sounds very simplistic. The reason that I bring it up is to point out that there are many ways that can be done. Stock market or share market investing may seem like the most obvious, and is often what people think a financial education program will teach, and nothing more. Realistically, though, financial investment can refer to others forms of investment such as real estate and property, insurance investing, businesses and much more. You will need some type of vehicle, but it does not necessarily need to be stocks, or not only stocks.

Personal Investment For Creating Wealth

The other form of investment that is imperative to building wealth (and it is the one the 21st Century Academy is really all about) is personal investment. Investing the time and energy, and yes money, in yourself so that you can learn to be wealthy and take wealthy actions.

Personal investment is the much more important of these two. When you invest in yourself you invest in something with unlimited potential. You invest in an investment vehicle with innumerable opportunities for replication.

Investing means that you put something in to get something out. The more seeds you plant, financially, but more importantly personally, the more you get out of that investment. It’s a must if you will succeed and be wealthy, but investing, especially in you, is the best return you will ever enjoy.

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2008

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Still in the interest of helping you help yourself more and make the most of all your days, here’s yet another thing to consider.

The Skills And Experience You Have Now

One of the ways that you can most efficiently use your time is to utilize the skills that you already have. In some ways this is similar to getting more out by going with what interests you. Hopefully you have built your skillset upon that which interests you the most. That will make it even easier to capitalize on all that you have readily available to you. If you have skills that aren’t really in your most desired area of interest, but that are readily usable still, it is definitely worth considering taking advantage of them now as you build into what you really want to be doing.

When you can utilize what is already familiar and second-nature you don’t have to spend time learning new skills before you can put them to work. Being that you are pursuing wealth you may be thinking you have no skills that apply, but that is probably not the case.

What have you learned?

Look at what you have done and what you have learned. Now look at the ways that Jamie McIntyre is showing you for making money. Look at how he shows you to create opportunity. What can you marry here?

I’ll give you just a couple of examples and let you take it from there. For instance, maybe you were a housepainter in college; maybe you have learned how to redecorate by revamping every place you’ve ever lived. Those sound like very good skills a real estate investor might want for do-it-yourself fix and flips.

Or maybe your skills have always been more book-oriented. Maybe bookkeeping and numbers are your strength. You’ll find those skills invaluable on the trades markets.

I doubt that there is anyone without a skill that can be captured and capitalized for building wealth and investing. If you look deep enough, if you are creative enough, you will find what you need within yourself. Make the most of what you know to make the most of your financial future!

To Your Continued Financial Success

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2008

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