People have been rediscovering inspirational books, such as Napoleon Hill’s “Think and Grow Rich” and James Allen’s “As A Man Thinketh,” in which wealth is achieved by one’s thinking habit. It is based on the premise that you are what you want to be, you are what you think. It is no wonder that Rhonda Byrne’s “The Secret” became a bestseller, for the book also believes that wealth comes to those who want it.
We do want to achieve great wealth. But is it enough just to think about wealth and it will automatically come?
Of course, it is not as easy as it may seem. However, achieving wealth really starts with the mind. For example, if you set your mind as an employee, you will start to look for a job and be satisfied to work for someone else. But if you set your mind to attain financial freedom, you are able to see opportunities and means to get wealthy.
This article will suggest ways in which you can set your mind for financial wealth.
1. Be aware of your thinking process.
The poor will say, “I cannot afford….” while the rich will say, “How can I own…?” What is the difference between the two? The poor focuses on the problem while the rich tries to seek for the solution. Now, who do you think will most likely achieve his goal?
2. Work to learn, rather than earn.
It is all right to be an employee, but do not stay one for too long. As an employee, your income may be guaranteed, but it is limited. You will have what is called a “linear income”, in which you need to produce more or put in more time and effort to your job to earn more.
As you work on your job, learn the business in order that you may later become the employer.
Come to think of it, if you work for somebody, then you are surrendering the control of your finances at your employer’s mercy. Your future is shaped by that person and not by you. Therefore, it will be of importance to you to control your future, especially in terms of money matters.
3. Have an objective.
There once was a teacher who asked his students to cross from one end of the room to the other. There were thirty students, and each one crossed the room according to his or her own way. The teacher had shown that once you have an objective, the means of getting that objective will present itself. There is often more than one correct way of achieving one’s goal.
Many inspirational gurus will tell you that if you visualize your goal, put a lot of emotion in it, and believe that you have already have it, you will surely achieve your goal.
4. Make a budget and stick to it.
Companies, to become successful, formulate a budget and stick to that budget. They track their sources of money and determine where their money is going. They do this to control their cash flow.
How many people have ignored making a budget, or not sticking to one, and find out that they have spent more than they have earned? They get mired into debt in which there seems to be no way out.
5. Control your fear.
Most people are afraid of going into business because they fear they might lose their money if the business fails. They say that going into business is risky. But, with the present economic situation, isn’t it riskier to stay being an employee? If the company you are working for goes down, you go down with it. And with no job security, the company can give you the pink slip anytime.
Going back to our example of the teacher, what if one student stayed in his place and did not cross the room? No matter how much energy he applies in visualizing his objective, he will never get across the room.
Ultimately, it is the actions that you take that will determine if you will achieve your financial goals or not. However, without that goal, that “compelling why,” how can you achieve it?