Archive for the ‘Money Management’ Category

Keys To Financial Success: Consistency

Tuesday, September 2nd, 2008

Both here on this blog and through the course of the 21st Century Academy we talk about many keys to financial success. Today the key that we are talking about is consistency—consistency in attitude and in action.

Building The Habit Of Financial Success

How often have you read something, maybe something Jamie McIntyre wrote, or maybe a portion of his book or a course from his wealth education program, and come away so totally motivated and energized that you felt like you could conquer the world? And then how often did you find yourself back into a state of frustration, financial stress, and helplessness just hours later?

What do you think that relapse did for your motivation? What did it do for you over the course of your journey to creating wealth?

At the very least it caused you to stagnate until you achieved that state again. That’s the neutral effect. A worse result would be that it put you back at square one, to where you were before you felt that motivation. And worse still, it may have caused you to lose ground to the point that you are starting below where you were in the beginning. Wherever it took you, no progress was made.

Progress Leads To Success

One thing we know for sure. Without progress, there is no success. If you are constantly losing the ground you’ve made up, or at the very least knowing no forward movement, then you are not progressing towards success and wealth.

To make that progress you have to find a way to overcome the neutral and negative impacts that daily life might take. You have to find ways to consistently move forward, even if it is a little bit at a time. Building wealth, building the wealthy mindset, and building positivity has to be something that is ever-present. Your central task needs to be building that consistent lifestyle so that you are not constantly fighting to get back to where you started from, but are moving on to more.

To Your Continued Financial Success

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

Get More Out Of Your Day: Do Less

Monday, August 25th, 2008

Money MakingIt is hard to hear that you might have to just steel yourself and face the fact that you’ll have to put more into your day if you want to get more out of it before you ultimately enjoy the wealth you have built. That is understandable, but it’s a fact of life for many nonetheless. It had to be said.

Knowing what a burden adding more to your day might be for you, I thought about how we might alleviate some of that additional pressure. The good news is that for many, many people, there are real ways to get more out of your day, put more in, and maybe even spend less time overall doing it. How is that possible?

Get More Out Of Your Day By Doing Less

Quality not quantity. In the end when you have added in the additional duties of educating yourself about finance and building wealth, and then acting to make it happen, this might be a wash as far as time spent ‘doing’ is concerned. In actuality it is meant to be. If we can reduce your day to the point where you are doing everything essential and taking action to grow financially and seeing results, all the better; I truly hope that does happen for you. Of course, that might mean this is a good time to step up your efforts at building wealth, too.

Time ManagementIf you are skeptical about being able to take something out of your day, something that will put time into your day that you can devote to investing and making money, I don’t blame you. But the fact is that a lot of us are not very good time managers. A lot of us could find a lot more time in the day just by incorporating some good time management skills. Let’s take a look at what could go.

• TV—an easy one, something we could easily do without if it meant more financial freedom

• Procrastinating—how much time do you spend wishing you didn’t have to do something? Finding other things to do to put off what really needs your attention? A lot of times it is more time than the task actually takes.

• Distractions—emails, phone calls, IM, aimless web-surfing, unannounced visitors (in and out of the office)

• Limitless schedules—there things that are unavoidable in life, but the problem comes when these things take more of your life than they should. Place limits on meetings, visits, phone calls, and limits on your time. Give each task only the time it deserves.

• Obsessive tasks—there are probably things you do that can live with a little less attention. For example, are you an obsessive cleaner or email checker? Cut back and prioritize.

This is by no means a complete list, but the hope is that it will get you thinking about what can go so you have more time for your real priority. What can you add to this list?

To Your Continued Financial Success

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

Creating Wealth In The 21st Century

Sunday, October 28th, 2007

I first heard this term used in 2004: Creating Wealth In The 21st Century. At first it didn’t make much of an impression. Then I slowly started to realize to power of the statement. Jamie McIntyre used it at a seminar and in his homestudy program with 21st Century Academy.

An Education For Life

To Create Wealth In The 21st Century, Jamie McIntyre reckons you need to get An Education For Life. This isn’t one you get in School. Oh No. It’s not that simple. If they wanted you be be wealthy, have good cashflow and enjoy self sufficiency in life, then they’d teach you skills like:

  • Emotional Intelligence
  • Financial Intelligence
  • The Skill of Saving Money (better than they do now anyway)
  • Thinking Abundant
  • Money Management
  • The Importance of Compound Interest
  • How To Develop a Millionaire Mindset
  • And many more lifeskills…

The 21st Century Education

Now I know to Create Wealth In The 21st Century, I need to Think Abundant, Think Outside The Square, Learn To Take Action and Focus On The End Result. That might sound like common sense and maybe even a bit like a cliche’… and all the same, not enough people do it. We all know what to do. We just don’t do it! This is The 21st Century Education I got from Jamie McIntyre and his 21st Century Academy. Yes, I learned many stock market, property and Internet strategies and they have made me lots of money. Without the other stuff, they would all be worthless. Now I know what to do and I’m doing it. I’m Creating Wealth In The 21st Century.

Until next time…

Heres For Massive Abundance and Lifeskills

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2007

Secrets Of The Rich

Thursday, October 4th, 2007

Who wants to learn the Secrets Of The Rich and Ultra Wealthy? Most people do, I suspect. But who is prepared to do what it takes once the secrets are revealed? The truth of the matter is this:

We already know what to do. We just don’t do it!

It’s not rocket science to copy the super rich and ultra wealthy. Simply look at what they do and copy it to your best ability. This is exactly what I did with Jamie McIntyre. He may not be super rich or ultra wealthy but he certainly is in a position to be in the top 1% of Australians who can do what they want, when they want to, because they can. Being a self made millionaire certainly can put you into that category.

The wealth education company 21st Century Academy introduced me to these teachings. I discovered concepts like:

  • Emotional Intelligence
  • Financial Discipline
  • Money Management
  • Financial Security
  • Millionaire Mindset
  • Renting Shares

And many more… So I have now put many of these learnings into practice. I already knew most of these concepts. Jamie McIntyre finally put me into gear and propelled me into action. He showed me that I already knew the secrets of the rich. Sometimes (most times) it’s simply a case of doing something like: Taking Action.

To Your Continued Financial Success

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2007

I Fired My Boss and Doubled My Income

Saturday, September 22nd, 2007

When I Fired My Boss, approximately 21 months ago, my first thought was on my immediate financial future. I was elated and overwhelmed with the fact that I had acheived my 2 year goal of replacing my income through investing. The strategies I learnt through the DVD with Jamie McIntyre certainly started me off and gave me the urgency to take immediate action. The one strategy that really stood out was: Renting Shares.

Renting Shares like a Sharelord

My first strategy was to be Renting Shares, just like a Sharelord. I’ll explain the term in the next post. Back to the story. I had quit my job. The pressure was now on. I had given up my JOB (Just Over Broke) and now had to step up to the plate. Everyone was watching. At least that was how it felt. One month into the job (or should I say: out of the job), I had nearly doubled my income again. I made over $18,000 in my first month as an unemployed bum! Look up the word happy in a dictionary and there was a picture of me! Smiling!

180% increase in 30 days

What had taken me 23 months to acheive (doubling my income by learning to invest), I had nearly acheived in 30 days once the shackles where off. I wanted to learn to be rich and in the process I had to develop a millionaire mindset. My mentor, Jamie McIntyre certainly had shown me how to do this. Putting it into action isn’t neccessarily all that easy, though. To create wealth you need another skill that takes a bit of time to aquire:

Emotional Intelligence is the key

What on earth is this, you may ask? Emotional Intelligence is the ability to manage a synergy of skills, such as money management when investing in the stock market or making decisions without emotional attachment. A good investor knows that emotions must stay out of the decision process. Investing is 10% strategy and 90% mindset. More about Emotional Intelligence later.

Financial Freedom isn’t far away

A few month later I had trippled my old daytime income. Needless to say, the pressure was off pretty quick. Financial Freedom is a now lot closer now than I ever hoped. I certainly have a lot to thank 21st Century Academy for. My mentor Jamie McIntyre has taught me a lot more than I ever expected. To think that I nearly didn’t even order his free DVD or read his ebook. I suppose, I wouldn’t have known any better if I hadn’t. The thought still scares me though.

To Your Continued Financial Success

Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 - 2007