Wealth Is Earned

  3 Simple Little Daily Expenses That Can Cut A Huge Hole In Your Finances   This morning, did you have a Venti Java Chip Frappuccino with an extra shot of espresso? Or did you opt for a lunch out during your workday instead of the branded jug of indulgence? The figures don't lie, no matter how little one of your everyday expenses appears to be. Every dollar you spent on a non-essential item increased your net worth — possibly more than you realize. Cutting modest spending is typically pushed as a popular approach to improve your money, but a closer look at how purchases build up over time illustrates why. The Latte Factor was introduced to the personal financial industry by David Bach, author of The Automatic Millionaire, more than a decade ago, but it remains pertinent in understanding the power of saves and compounded returns. This common piece of financial advice focuses on cutting costs today in order to have a better tomorrow. Remember that money is only necessar...

  Who Are You Accumulating Wealth For?   Wealth is the desire of many a  man and being wealthy is it really because it takes one out of the realms of the beggarly and complainant. However, when you strive to accumulate wealth, who do you do it for? Have you read the stories of men who lived so frugally that they could be passed on the road and regarded as beggars only for them to die and leave millions of dollars as inheritance to their relatives? It is good to accumulate wealth but while you are at it, don't allow yourself to just live for those who shall inherit you. Live while you are alive. Enjoy your money while you still can. Plan for your old age with the money you are making, don't leave everything to chance and children, they may not be there for you. Spend at least 85% of what you have accumulated on yourself and your better half and then leave about 10% to your inheritors and the remaining 5% to charity. What really matters most to your inheritors i...

  3 Surefire Ways to Attract Riches   When you hear the word 'rich' what comes to your mind?, what's the first impression that conjures itself onto your vision? Do you know that those who refuse to become rich envy those who by dint of hard-work worked themselves out of poverty, money scarcity, penury, deprivation and lack? And do you also know that every man on planet earth has certain desires which only money can help him meet but because he has a low opinion of himself, his abilities and capabilities, he is unable to live out those desires? I am hoping that because you have been on my page for a while now and reading all those articles on how to better your lot, that you would by now be implementing them to live up to your full potential. And that is why today I want to share with you my 3 topmost ways to attract riches to your life. And these ways are based on the simple fact that in His infinite mercies our Creator has given us everything in abundance and i...

  You Will Not Become Wealthy Through Hustling   To get ahead, most entrepreneurs define hustle as working harder and longer than their competitors. Many persons are under the impression that “hustling” is the key to money and success. Too many entrepreneurs brag about their hustling, despite the fact that they aren't getting the results they want. They're proud of themselves for working their tails off, and they're oblivious to how ineffective their efforts are. Even the most successful hustlers do not retire wealthy. If you don't first apply a worthwhile method to work smarter, your fast-paced hustle will be useless. It's meaningless to keep up with the pace if it's not for a good reason. You're wasting your time if you don't know what you're doing. Instead of pulling all-nighters in the hopes of getting something to work, you should stay focused on figuring out what works. This allows you to concentrate your efforts on the tech...

  It's Time To Walk On Your Legs And Not On Your Head!!!   Economics 123   The most important tool to acquire in the wealth creation process is KNOWLEDGE When one is knowledgeable about any issue, he is not easily taken for granted infact he is POWERFUL, so active working POWER devolves from knowledge And when one has acquired power, then it is easy to appropriate WEALTH adequately and objectively Therefore anyone who wants to institute a sustainable wealth needs the power that comes from knowledge But what most men are doing is just chasing money which is the same as pursing wealth; not many persons are willing to acquire the needed and most important knowledge skill to create wealth. Because they are running after wealth without knowledge, that wealth is easily consumed and to maintain the level of being wealthy, such practitioners enter into many dubious means of making money including taking out loans which most times they are unable to pay back. S...

  How To Become A Wealth Creator   According to research conducted more than two years ago in the United States of America, more than one hundred billionaires are created each year. Eighty percent of these billionaires were entrepreneurs! The statistics above clearly demonstrate one fact: working for someone else will never allow you to be truly wealthy. Owning your own company is the perfect way to protect the future. Individual wealth formation begins on the inside. It's a mental phenomenon. Whatever you believe on the inside can come out on the outside. To be a successful wealth creator, you must set realistic goals and dream big. Developing a product or service will improve your wealth-generation potential. You may wonder, "Where do I begin?" You must begin with what you already have! Never, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever, ever “A man's gift will always pave the way” There are five ways to b...

  Are You a Wealth Creator? It occurred to me recently that not everyone knows what a "wealth creator" is, which is why I chose to focus this blog on this audience. Although we're all thinking about the year in focus which has gone 5 months ahead, but there can never be a bad time to talk about wealth and so, now provides an excellent opportunity to discuss the subject matter. What does it mean to be a wealth creator? The term "wealth creator" isn't specified in Merriam-Webster. There isn't even a Wikipedia entry for "wealth creator." That's not shocking, given that the definition isn't well-understood. “Wealth,” according to the dictionary, is described as an excess of valuable material possessions or resources. An "artist" is someone who creates something new or unique. The intersection of these two principles creates some complex dynamics and special requirements. Many citizens are wealthy; in reality, they ma...

  The Topmost Secret That Differentiates The Rich From The Wealthy   I believe there is a significant distinction between being affluent (rich) and being wealthy. When I think of rich people, I see someone who has a lot of money. And I usually picture someone who is very obnoxious with their money. They have expensive cars and live in a luxurious home. They dress up and dine in fine establishments. Rich people acquire their money in a variety of ways. It's possible they'll inherit it. Winning the lottery is also a chance that they have. As a professional ball player or entertainer, they will be able to receive it in a matter of years. Alternatively, they might invent a million-dollar mousetrap. Alternatively, they may simply earn it over a long period of time as a professional or a business owner. Isn't this just a description of a rich person? Is there a real distinction? I assume there is a significant distinction between rich and affluent and the wealthy people...

  Types Of Wealth   In this ARTICLE , we discussed about WEALTH Concerning the types of wealth, there are basically, but arguably, 4 types of wealth: Physical wealth (Health) Social wealth (Status) Financial wealth (Money) Time wealth (Freedom) And some persons have added Spiritual wealth (Enlightenment) which they think is even more important than all the others put together The majority of people associate the term "wealth" with money, but this is a limited understanding of what it means to be wealthy. Every aspect of one's life — wellness, relationships, finances, time, and so on — is included in wealth. We'll go through each of these four forms of wealth in more detail below, as well as how they contribute to your own personal life. Physical Wealth (Health) The glue that binds all other forms of wealth and one's life together is physical wealth or health. We cannot attain any other form of wealth, or at least not in a wise and long-te...