Thursday, November 27, 2008

Key Truths to Prosperous Wealth Building


Research has proven wealthy people generally have commonalities. Prosperous people have certain thoughts about money and their ability to obtain wealth. Society teaches conventional wisdom; get a good education, and get a secure job. Unfortunately this conventional wisdom leaves ninety percent of the people still broke or working at age sixty-five.

The days are long gone when a person graduates college, gets a good secure job, works it for thirty to forty years and retires with a nice pension. Job security just isn’t what it used to be. Prosperous people don’t believe in working hard, they believe in working smart. And, they know they will never get rich working for someone else or in their own business where they have to be present for it to operate daily. True wealth is having money and the time to enjoy it.

Prosperous people have a different mindset about wealth as it relates to money. First and foremost they don’t believe in being defined by money. Money is thought of as a material possession and does not define their happiness. They learn how to leverage what they have to produce more.

There are some key truths to becoming prosperous. Let’s review a few of them.

1. There is a big differential in the thinking patterns of prosperous and non prosperous people. Oftentimes people who are not prosperous have a negative thinking pattern towards gaining wealth. They believe that it is hard to get more than they have, and lack some of the things they want by conceding that they just cannot afford it. Prosperous people believe that they can figure out how to afford the things they want. By changing your thoughts about money you will be able to start believing you can generate more and that you deserve it.

2. Prosperous people understand that money does not define them and they are content were they are. Many people believe that they will be happier if they have more money. This is a common misnomer. Learning how to be content where you are will assist you in becoming prosperous.

3. Prosperous people change their self-limiting beliefs. If you want to become prosperous you first have to believe that you can and then you have to believe you are deserving of wealth and have the ability to receive it. Get rid of self doubts. Tell yourself you are just as worthy of having wealth as someone that has it. Begin a practice of writing down your current self-limiting beliefs at least once per day.

Understand that becoming prosperous begins with changing your beliefs as it relates to money. Simply changing your thinking about becoming prosperous is one of the first steps to enjoying a wealth building.

David Newby is an author, and wealth coach. His company Rock Solid Financial Group LLC teaches how to retire in six to twelve years or less by powerfully leveraging assets. More information is available www.YourProsperityPower.com, www.FinancialPlanning202.com.

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