Posts Tagged ‘Finance’

Raising Wealthy Kids—Speak The Language

Wednesday, December 3rd, 2008

Every now and again here we turn the conversation to kids. It’s all in the interest of sparing our children the financial struggle that comes from the lack of a real, viable financial education. As you proceed with the 21st Century Academy you’ll see that Jamie McIntyre also makes an effort to do this, because he also believes that we can put our children in a better financial position by giving them an education in money and finance that they can use to be wealthy from the start.

Speaking The Language Of Wealth With Children

What I’d like to talk about today is speaking the language of wealth with kids. Whatever does that mean? To me it means being open with discussions, and using the same financial vocabulary with your kids (or the kids in your life) as you do with yourself—in your financial dealings, investments, banking, reading, wealth empowerment and education…

Let’s explore for a minute why this is advantageous for the kids you care about.

First off, as with all things, children gain a better understanding about wealth if they know the real terminology and meaning of words from the beginning. When you speak the language you can have real, meaningful conversations and you can learn from others, and read to learn more.

Secondly, we need to remember that much of the language of wealth came to be negatively related to us as we grew up. We made subconscious negative associations with money and wealth. The words of the language were taboo, and so we steered clear of their mention—and of their power and the promise and opportunity being wealthy could provide. When you speak the language to your kids, you preempt that negativity and teach children to embrace wealth for the opportunity and life-tool that it really is.

Too often we do not credit children with the intelligence that they deserve. Kids can learn very valuable life skills from a very early age, virtually without working at it. We have an opportunity to help our kids start at a wealthier point than we did. You can start today by teaching them the language of wealth and prosperity.

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

Competing Against The Past

Friday, November 14th, 2008

Everyone has a past, like it or not. And like we’ve talked about before, that past bears on many things as they apply to building wealth. For instance, your past—conscious or unconscious—is what has formed your perception of money and your attitude towards it. And that attitude is a large piece of the choices you make, your mindset, and the subconscious sabotage that you may inadvertently be attacking your efforts to build wealth with.

Who’s The Boss? Past, Present, Or Future?

Very often what we find ourselves doing when we resolve to create wealth is competing against that past—”showing it who’s boss” so to say. But what we come to know, what your wealth creation course is trying to teach you, is that that kind of competition really isn’t productive. Your past is over and done. You can’t teach it anything. You can’t change it and you can’t just erase the mental baggage that comes along with it. You can only find ways to make your past, even what you perceive to be a negative past, work for you now.

Reconciling The Past, Looking Back To Move Forward

You can’t change the past but you can change your understanding of it. You can analyze it, reconcile your feelings from it, and correct the negative attitudes that have resulted from it so that you make the room for wealth to work in your life (this is very much related to when we talked way back about rewiring your financial subconscious, and the exercise Jamie McIntyre walks you through to do that).

Your past is not your competitor. It is something that occurred, and something that contributed to who you are today. And that can’t be all bad. Once you realize this you can begin to look for ways to reconcile the past and actually make it work for you, instead of being at odds with it. Remember that the past is a part of you, so competing against it is only competing against yourself. Surely you can see how that isn’t beneficial at all. Meet me back here for the next post, and we’ll talk a little more about how you can make the past a better part of your future.

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

Do You Ignore Intrinsic Motivation?

Friday, October 24th, 2008

self reflectionWe’ve talked many times about how one of the greater road blocks to success with Jamie McIntyre’s wealth education program is that it’s just plain hard for people to make the time. And it’s not that they don’t know they should. People know they should be their own first priority; still, it’s really hard to break away and make that happen, regardless of how necessary it is.

Then another piece of the puzzle is that at the end of the day, or whenever you’ve finally found or scheduled that time, you aren’t as motivated as you were before. When you finally get around to it, you aren’t as fired up and ready to tackle the topic of finance and empowerment. You just don’t feel like it anymore.

The Power Of Intrinsic Motivation

The above can be a particularly frustrating experience, because what often occurs is that you feel energized and raring to go at the most inopportune times; it’s not that you don’t want to pursue a wealth development education; it’s just that the timing never seems right to actually act on that desire.

One reason this happens is that by the time you ‘get around to it’ you’ve lost the intrinsic motivation you felt earlier—that innate, self-inspiring motivation that is the best breeder of action and further motivation. The best situation is when you can capitalize on that intrinsic motivation as it happens. But doesn’t life always seem to get in the way?

So is there any solution?

Capturing Intrinsic Motivation

To capitalize on intrinsic motivation you basically need to do one of two things; either you have to clear away other ‘obligations’ (or what you have perceived to be obligations), or you have to preserve that motivation for a better time. It’s worth taking a look at your schedule and seeing if you can move some things around to open the times of day when you feel most motivated. And it also helps to focus on the programs and actions that create a general air of positivity, which helps you stay focused on your goals throughout the day, and motivated to make good on them.

Intrinsic motivation is one of the best forms (probably the best) of motivation there is because it comes from within. Be true to yourself and your motives, and you’ll see a huge amount of success come your way.

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