21st Century Academy

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

Many people do not understand a very simple concept that relates directly to success and financial freedom—the concept that their life is all about choice, and that any man or woman has choices. Choice is really what the 21st Century Academy is all about—it’s about giving you information so that you can make choices and achieve financial freedom, so that you can fully enjoy life. Once you understand that choice is yours, you’ll find the ability to do so many things.

Money Choices

Whether you feel it or not, you do have many choices in how you spend your money. Most people don’t think they do because they have many bills and financial obligations. But the fact is that you choose what you pay and how you pay it. So yes, you do have choice over your money. You also choose where you spend the remaindering cash, whether it is invested, spent on quality as Jamie would have you do, or squandered and never to be seen again.

You also have the choice to make changes to any of the above so that you can attend to your personal wealth. And there are ways to do that and still pay the bills, under any circumstances (and yes, this is addressed in the wealth homestudy publications).

Time Choices

We treat how we spend our time similar to how we spend our money—as dictated by others and outside forces. But that is not at all true. Very few people have the power and ability to physically force you into anything. The rest, while demanding, can certainly be managed so that you have the time to create wealth of your own.

Choice Is Power

Choice is power. When you understand that your life is all about the choices you make you gain a great strength of power that you can reshape and repurpose for your own best interests. Understand the power you hold over your own life and put it to its best possible uses.

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

The point that I’ve tried to drive home in all the conversations about personal choice is that you do, in fact, have money now. You may even have wealth now, depending on your perspective. Understanding that is to your direct advantage because having money takes away one of the largest impediments to creating wealth.

It’s Your Money

You do have money. Chances are you have a good amount of it—an amount that would do quite well applied to what you learn through your wealth building education. The reason that you may not feel as though you have any wealth, and I know we’ve said this before so please bear with me, is that you also have a great many financial obligations and demands placed upon you and it—too many homes for your money. The smallest home for it is probably your own accounts.

Anyone with money can be wealthy. That is one of the first things Jaime McIntyre speaks to. Actually, he takes a step further back and shows you how you can fund an investment program and personal wealth even with a lack of funding. But to get back to the point, if you have money you have financial opportunity. All that you need to do to capitalize on it is make the right choices-the choices that build wealth and do more than just pay the bills.

Making Wealthy Financial Decisions

Now that I think we are all starting to understand this, let’s talk about bridging that gap between having money, meeting your financial obligations, and building wealth. I wouldn’t blame you right now if you are thinking that that is easier said than done. Because it is. But that does not mean that it’s impossible.

There are many strategies that you can employ that begin right now to start utilizing your money for your financial good and future wealth. Jamie’s program will give you many (all very real, all proven). If in doubt, just remember that Jamie McIntyre himself started hundreds of thousands of dollars in debt. But he found a way to put himself first and still satisfy his debtors, and become a true millionaire in just a matter of years. So there are ways for it to be done. And they start with taking control of your money. You’ll see.

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