21st Century Academy

In the last post, we talked about how blame and excuses hold us back from creating wealth. In a future post, we’ll talk about the implications of looking to the past and dwelling on the reasons and excuses for our past failures and current positions. But first, let’s take a minute to clarify the difference between the two; because most certainly, even though there may be real reasons for your current state, there is a difference between a reason and an excuse.

Reason Versus Excuse

For this, we’ll go straight to the dictionary definition of a reason and an excuse:

• Reason: a: a statement offered in explanation or justification b: a rational ground or motive c: a sufficient ground of explanation or of logical defense ; especially : something (as a principle or law) that supports a conclusion or explains a fact
d: the thing that makes some fact intelligible : cause

• Excuse: a: something offered as justification or as grounds for being excused bplural : an expression of regret for failure to do something c: a note of explanation of an absence

There isn’t actually a lot of difference between these two words or definitions. The one difference that does stand out is the presence of the word “fact” in the definition of Reason. A reason has a basis in fact, whereas an excuse is simply a justification—one explanation for a current state of affairs, but not one that is necessarily based in fact.

Why Split Hairs?

This may sound like we’re splitting hairs, but there is an important difference here. The difference matters because when you excuse your action or past inactions, you justify your current state of affairs. When there is actual fact involved there may be real things to look towards to improve upon. This is where there is real potential for change. It is up to you to grab hold of that potential with both hands and make the most of it.

Now, all of this being said, there is only a limited usefulness in looking to past reasons before you start blocking your own path to success once again. That’s where we’ll pick up the next post, with more words of wisdom from Jamie McIntyre‘s millionaire mentor.

To Your Continued Success!
Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2009

Besides making Jamie McIntyre aware that he was really living in denial of his desire for money, his millionaire mentor gave him another piece of wisdom.

“If you want to become wealthy, you must not make money your god. Instead you have to learn to master money. If you can learn how to master it and have it work for you as opposed to you working for it, then money will no longer be an issue. Those things that are important to you like family, health, career, and relationships will always be your top priority.”

(from What I Didn’t Learn At School But Wish I Had)

The Turning Point

This conversation was a turning point for Jamie. Having decided that what his mentor said made perfect sense (and it does, doesn’t it?), Jamie started to shift his way of thinking about money. In the book he tells us,

“So I went from denying that I was interested in money to admitting that I was very interested in money because I loved my family dearly and valued my time and wanted to control my life. I decided right then that I was prepared to make the effort to master money, because if I did I could have the freedom I wanted. I learned subtle shifts make a big difference to what is going on inside our heads and this became a huge turning point for me.”

Permission To Care

Jamie and his mentor have put this all in much more understandable terms. It is very hard for people to let go of the feeling that they don’t care about money, mostly because we’ve spent decades in that line of thinking. Having a good reason to admit that you do care about money—like being able to take care of friends and family, and having the freedom to enjoy the important things in life—buffers the landing, so to speak.

When you permit yourself to care about money, you permit yourself to make it enough of a priority to make the other priorities of life top on your list. Caring about money is not equal to not caring about people or anything else; in fact, in truth, it is exactly the opposite. But it’s all in how you master it. Master money, master your life, and don’t let making money be your master any longer.

To Your Continued Success!
Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2009

In the last post we looked at what Jamie McIntyre had to say about looking at our failures as clues to our current financial status. We introduced the concept of denial, whereby people use excuses like saying that money is not important to them, or that there are more important things in life. A lot of people have a hard time arguing against that, but if you read what Jamie and his millionaire mentor have to say, you start to figure out that yes, indeed, most of us are living in denial of how important having money is to each and every one of us.

More Important Than Money

Jamie McIntyre‘s mentor explained it best:

“You know most people would agree with you that there are other things more important than money. A lot of people say they are not interested in money, but can you guess what the people do who usually say that? They go and work for it because they are just like you Jamie. You go off and work your whole life for money and the whole time you say you are not interested in it. Would you not say that is a classic case of denial?”

No doubt, put that way, you can deny this no less than Jamie could. It is entirely self-defeating to say that you do not care about money, but then allow your entire life to revolve around it.

The beauty is that it really does not have to be this way. You can find a balance in which you can create wealth, make money, and live life—and right the balance so that making money by working your life away does not have to rule your life and times.

Think about it. You may say, and certainly believe, that there are more important things in life; things like family, security, and enjoying life. That is even true. But if you spend the majority of your time chasing the dollar by traditional means, are you really attending fairly to those things? No, you are not. And therein lays the paradox. If money is not the most important thing in life, you have to stop letting it rule yours. Easier said than done? For most people, the answer is yes, until they get a real financial education, an education for life.

To Your Continued Success!
Sean Rasmussen
21st Century Academy
Universal Wealth Creation © 2004 – 2009