What do you do with the Money you Make?

"We think we own things, but the reality is, our things own us". - Joseph B. Wirthlin

You may be thinking what does this mean, or how does this relate to me?

The title of this blog is "Make Money and Wealth". This post is going to focus on the wealth point. There are so many ways to make money and even more people saying they know how to do it. One of the things that I have learned is that making money seems to be relatively easy. Keeping it, that is the real test.

We live in a world where things have and continue to speed up. This has been fantastic in so many ways. But with that, many people expect to have everything, now. And sometimes this can result in excessive debt which is a major drain of money (interest) and cause of stress.

If you over commit you can become imprisoned by the things you have purchased. Every waking hour might be spent worrying on how to make the next payment. It might even keep you up at night, niggle at you, and then there are the dreaded credit card bills! Quite often this can cause sickness and strain on relationships and takes up a lot of your money!

So what's the solution to this? One of the rules to wealth - SPEND LESS MONEY THEN YOU EARN.

Also, prioritize a portion of your money to giving, savings and investments. The rest can be used to pay the bills and buy those things you've been wanting!

This way, we set ourselves up for success so that as we make more money, we manage our money and actually have something to show for it. This could be savings, investment or paying down mortgages and other loans more quickly, all of which equal lifestyle! Which is why we make money anyway, isn't it?

Bob Proctor's insights help us Make Money

Today I listened to Six Minutes to Success, a video program by Bob Proctor. One of the things I learned about today was the negative emotions of hatred, revenge and jealousy and the impact they have on money making.

For example, when you think hateful thoughts about someone, who is experiencing the hate? You are. The person you are thinking about doesn't know. But you get in the vibration of that hate and you feel it. You. And if you believe in the law of attraction, you know that the feelings you are in harmony with are the things you bring to yourself.

According to Bob jealousy and revenge are not necessary either. In fact they distract us from our goals, they take us in the opposite direction. In fact getting even never helped anyone.

So what does this have to do with making money? Well when we realize the negative effect these negative emotions have on our ability to make money and have good things in our lives, it's easy to decide to move on. We can free up our minds to focus on much more powerful things like our goals and visions, how we want to do good in the world, what impact we can have in our own lives and the lives of our friends and family.

Let's all decide today to ensure we hold good feelings about ourselves and others. Then we can focus on building wealth and succeed!

Learn more about Bob's Six Minutes to Success by getting a FREE video or by reading about it.

Making Money in Turbulent Times

I think when we go through a financial crisis the response as a society is "someone help us! Give us some money! Save our businesses or the company I work for! Save my house!" And so we see lots of government bailout schemes and stimulus packages to save the people from themselves.

The fact of the matter is the position of the economy is due to people's living outside of their means. At a national level and on an individual level. If we want to save the national economy, then we must take care of our personal economy.

Government Bailouts and Stimulus Packages do have short term results but they do not fix the underlying problem. It is people's lack of information about money, not knowing how to manage money and not knowing how to make money when they want or need to. Think about it, 99% of people are dependent on their boss for their income. If your boss doesn't want, need or can't afford you anymore, what happens? You have no income. You have to go look for another person to be dependent on for your income.

Of course, there is a place for employment, it is necessary in the post industrial revolution world, but if it's not the only source of income then when companies hit hard times, it doesn't matter, we can just go out and make more money anyway. We can weather the storm while we rebuild our reserves.

I think the real answer to situations like the one the world is in at the moment is education. We've all heard that "knowledge is power" but what does it really mean? I'm not talking about going and getting another uni degree so we can go depend on another employer for a slightly higher salary, who might not need us anyway, I'm talking about simple but effective training on how to really manage money. What options are there to really multiply our money? How can we increase our income without increasing our workload? How can we make money work for us?

The point is we have to be proactive as individuals if we want to make more money, and thrive in financial turbulence. When we become proactive as a community, as a country, then we will have a nation that prospers.

Get a FREE video about making more money with one of the world's best teachers today

Quote to help us Make Money and Wealth about overcoming Fear

Every journey, particularly those involving making money, involve a decision. A time where we will go through the test which asks us "Is it really worth it? Are we really ready? Are we willing to do what it takes?"

Every improvement involves risk, and often fear. To make money, we usually have to overcome some fear, whether it be speaking to someone, putting together a proposal for a business deal, even risking some money. The thing is, while these fears are there, often they are not real. They simply stand at the gate between where we are and where we want to be, trying to stop us from going in. So what can we do? Jeffrey R Holland has these words of advice:

"Beware the temptation to retreat from a good thing."

Sometimes it seems easier to turn back when the going gets tough. But in this there is no progression. If you really want to make money, to lose weight, to find that relationship, you are going to have to do things that cause you to shake and feel scared. As my mentor Gerry Robert says:

"Feel the Fear and do it anyway!"

The thing to remember is why we are doing it in the first place. Why do we want to make money? This is why it is so important to decide what it is you want in life. Make it so important to you that fears don't matter. Making money, or whatever it is, has to be much more important than the feeling of fear, so that you listen to your dreams, not your fears. My mentor Robert Allen says:

"Feed your dreams, starve your doubts."

Let us all remember continually why we do what we do, what are we aiming for? This will help us in moments of doubt or fear to move on into the life ahead of us, especially when making money.