Posts Tagged ‘Money Management’

Consistent Thought Consistent Wealth

Monday, August 24th, 2009

Consistent thoughts are naturally followed by consistent behaviours that are conducive to generating wealth. This is an important aspect of money management. wealthy-thoughtsConsistency is a critical aspect of success, no matter what the endeavour. Managing finances is not a project that has a beginning, middle and end. It is an ongoing way of being.

Developing the right mindset for building wealth requires practice, as well as tenacity. Managing money is a way of being that stems from a well developed set of mental processes. Each time you have a thought neurological pathways are reinforced. New thoughts lead to new neurological pathways. It is necessary to repeat the thought new thought processes consistently in order to strengthen the pathway.

Neurological Pathways to Wealth

Consistency and money management, as all things, begins in the mind. You can create neurological pathways that reinforce the notion that you are deserving of wealth, and that you are capable of managing money well. Practicing this thought process builds the neurological pathway to wealth.

How does the neurology come into play with money management?

All of our beliefs, feelings and behaviours begin in thought. Each thought has the capacity to help us follow through with the appropriate behavioural responses automatically. Practising visualisations, thoughts and focus on building wealth naturally leads to appropriate behavioural follow through.

Learning Mental Money Management

Though this process may appear to be quite easy, it is important to note that some of the thoughts may not be supported by your underlying belief system. Simple exercises like 30 seconds of positive thinking can offer enough support to build neurological pathways for the things you want to achieve.

You are no different from any millionaire on the planet. Wealth can be a matter of perception. When you take a few moments each day to:

  • Visualise your goals
  • Feel genuine gratitude
  • Believe in your ability to succeed
  • Practice good money management

Gradually, the process of managing money becomes second nature, allowing you to achieve the goals that you visualise every day. Your thought processes naturally lead to behavioural follow through that is consistent with the ideas in your head. Focus on what you can accomplish rather that what you can’t. This is the fundamental element of consistently improving your finances.

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