How much time do you invest in your financial knowledge? Successful people make a statement then put it into action and reap the benefits, unsuccessful people make excuses. – W.T . Hamilton. Taken from the book, Your invincible power Published by balboa press – a division of Hay House
I believe that each situation we find ourselves in is intentional and has been drawn to us for a reason. I also believe that we need to learn from that situation before we can grow. In life there are a multitude of hurdles designed to challenge us and force us out of our comfort zone. We always have a choice, ignore it or acknowledge it. The first choice is very simple and self-explanatory so let’s look at the second choice. Acknowledging the hurdle is very difficult to do at first. It will seem like a bit of bad luck but once you repeat it a few times you will be able to identify a pattern and this will give you the hindsight to look for a way to change the pattern. The pattern will most likely be spread over a long period of time but rest assure it is there. What you will also find is that there where opportunities to change the pattern at every hurdle but you ignored them as this is the natural and safe thing to do. It is time for an awakening, to look at things with new eyes, to unlearn what you have learned to date and re-educate yourselves.
Ask yourself… Why are you here?
I believe we are all here for one reason, to seek, acquire and secure joy and happiness. There are four tools needed to acquire and secure these.
1) Health – invest in your health and take care of your body and mind.
2) Relationships – seek and secure positive relationships with all in your life and push away the people that look to keep you down or that do not encourage you to grow.
3) Money – It is hard to secure the first 2 if you’re focused on the lack of money.
4) Gratitude – This is the most important tool in the box. You cannot really and truly have number 1, 2 or 3 if you lack this tool. But let’s focus on the money tool.
When I ask this question I am not asking you if you want to be rich, of course you want to be. You may also want to be famous or a superstar or the President of a small country. I’m asking you if you really want to be a millionaire, if you are willing to do the hard work to become a millionaire. Do you want to build a million dollars in your account?
Becoming rich is very achievable and you can do it within a realistic time line but it will take commitment, planning, hard work and an investment in your financial knowledge. So let’s look at what you have worked hard at and invested time in so far and you can measure the results.
Having a job. I know all of you have had a job, you have all worked hard and invested time at the job, put in the over-time and done all that has been asked of you. You had to get up early and come home late. Miss some of your kids’ activities, missed Birthday parties and missed fun activities so you can make that money needed to live on. It took commitment and planning to work that job but did that job make you rich? Not yet, will it?
Being broke. Unfortunately most of us have invested time there at some point. Not having enough money for the basic things like food or shelter. Worrying constantly about how we will get money to pay for this and that. Hiding from the phone calls and land lords. It was hard work staying poor.
Extra activities. Learning something new that you are into such as body building, baseball, model building, golf, fantasy football ect. It takes a lot of time and effort. You invest time because it is something you enjoy, it doesn’t feel like work and you know that you will get results from this. Even if it gets hard you keep investing time and you most likely are not doing the activity by yourself so you have others to encourage you.
What are the hurdles in your path to financial success?
The reason that some people are able to become wealthy and others do not is because successful people use their time differently. They invest a large amount of time learning about money and how to gain the advantage with investing. They control their own investments and have a deep understanding of the expenses and returns. They educate themselves and gain a better understanding of the language and rules of money. They learn how to control the risks and they build an investment plan. They don’t work hard for money but instead let money work hard for them.
What the rich know is that earned income is taxed at the highest rate, portfolio income and passive income are taxed at lesser rates. Money is a part of their sub-conscious thought.
You also need to be grateful for the money you have. Be grateful for the chance to learn and grow your understanding. Be grateful that you have the chance to invest time into your financial knowledge. Be grateful that you can draw the situation into your life to make joy and happiness a reality. Gratitude is a key ingredient for all things in your life.
This is where you need to change your mind set. You need to look at things differently and see the opportunity. See this as an investment into yourself. How badly do you want to become rich? Are you willing to put in the effort that you put into a job or activity? Can you afford to wait until you have the time? Do you really need the hassle of having to manage millions of dollars for the rest of your life?
Now is the time to open your mind to new ways of thinking. Now is the time to take charge of your financial statement. Now is the time to learn how to make your life a joyful and happy one. Be a student of life. Never stop learning. Be a sponge. Soak up the knowledge whenever you some across it. Knowledge is powerful. Invest into your financial knowledge and gain control over your financial future.