The first step to creating wealth is understanding the importance of building a solid foundation. Build your foundation on these principles: determination, patience, and consistency. Determination will keep you focused when things get tough and it will help you make decisions that are in line with your long-term goals. Patience gives you time to allow success to happen without rushing or worrying about short-term setbacks. Consistency helps create habits that lead to lasting change—something we all need if we want our money to work for us!
Build Wealth in Your Mind
In order to become wealthy, you need to first build wealth in your mind. Build a new way of thinking about money and the world around you by:
Think Bigger
Know Your Worth
Transform Negative Thoughts into Positive Ones
Be Aware of Other People’s Opinions (and Become Indifferent)
Take Responsibility for What You Build
Build Wealth with Productivity and Savings
The most important thing you can do to build wealth is saved. This may seem obvious, but the truth is that many people don’t understand how much money they need in order to be wealthy. To create your own financial plan, it’s worth calculating what a millionaire would spend annually and then figuring out how much you need to save in order to reach that number.
If your goal is $100,000 a year and the average person spends 40% of their income on housing costs, it would require an annual salary of about $200,000!
I recommend saving as soon as possible by setting up automatic deposits from each paycheck to your savings account.
Build Wealth through Service to Others
Build Wealth through Service to Others Build wealth by service to others and you will never have a shortage of funds in times of need or want! When we serve, our lives are enriched with meaning and so is the world around us. Serve from love, not fear, knowing that an investment in giving is always worthwhile.
– Build wealth by service to others and you will never have a shortage of funds in times of need or want! When we serve, our lives are enriched with meaning—and so is the world around us. Serve from love, not fear, knowing that an investment in giving is always worthwhile.
– Build your foundation on these principles: determination, patience, and consistency. Determination will keep you focused when things get tough and it will help you make decisions that are in line with your long-term goals. Patience gives you time to allow success to happen without rushing or worrying about short-term setbacks. Consistency helps create habits that lead to lasting change something we all need if we want our money to work for us!
very interesting thank you so much
This the most inresting stuff I've heard in my life I love I need to learn more
It never ceases to amaze me when I see the passion a person can speak with once the penny has dropped and the lights have turned on . Pure passion, conviction and perfect clarity. . Noting short of amazing . The power of a freed mind . .. and this is just the tip of the iceberg. .. the.mind of Christ