The Most Common Wealth Building Myths There are some common myths that hold work at home businesses and investors from achieving success. These myths can have a powerful psychological impact on small business owners, stopping them from building wealth, and preventing them from reaching their full potential. Money Breeds Money This may have been true pre-discovery period, but it is…
If a person doesn’t know how to manage a million dollars, I virtually guarantee that the money will quickly disappear, if a millionaire wrote a non-millionaire, who is not well versed in finance/money management, a check for $1,000,000 right now. Approximately 90% of lottery winners go broke within five years, because they don’t have the basic discipline/know how to handle…
It seems that nothing causes more stress than money. You have to keep in mind how much people need funding and rely on capital every day. Cold hard cash is what pays the mortgage, keeps you clothed, allows you to have a car and go places, keeps the light and heats on, enables you to bathe daily, and even puts…
LEARN SOMETHING USEFUL Every man should make his son or daughter learn some useful trade or profession, so that in these days of changing fortunes of being rich to-day and poor tomorrow they may have something tangible to fall back upon. This provision might save many people from misery, who by some unexpected turn of fortune have lost all their…
RIGHT PLACE RIGHT TIME After securing the right location, you must be careful to select the proper location. You may have been cut out for a hotel keeper, and they say it requires a genius to “know how to keep a hotel.” You might conduct a hotel like clock-work, and provide satisfactorily for five hundred guests every day; yet, if…
Secret #1. Decide you want to be prosperous and decide that you will do whatever it takes to achieve this goal. In deciding this you are deciding to take action that will change your life. Understand that prosperity does not just mean being rich or wealthy. It encompasses all things, from happiness, to health, to wealth, to life goals and…
What is wealth knowledge? It is knowing how money is made, and how wealth is protected. It isn’t really a secret. In fact, there are hundreds of books out there that spell it all out for anyone willing to pay a little bit. The problem is that the essential truths are not popular with those who want to get rich…
What have you learned about money? Where did you learn about money or wealth? Let’s touch on the issue of our basic educational institutions, the schools, where we learn about the facts of life. What subjects are covered in school? Language arts, mathematics, science, history, and social studies, among others are all important for us to study to blend ourselves…