CREATING YOUR DEFINITION OF WEALTH IS THE FIRST STEP TO BECOMING WEALTHY by Jack Humphrey
I am no "Fat Cat" by any stretch. But I have learned a lot in the last year about setting myself up to BE one in the future. Boy was I doing everything I could to sabotage that dream before I learned what "wealth" (and how to achieve it) was really all about!
Many people strive for riches on and off the net. They dream big and are motivated to make changes in their lives to reach their goals. Motivated, yes. But also sorely lacking in the information needed to think like truly wealthy people do and change the bad habits that prevent them from ever achieving a healthy financial mind set.
Before I learned more about creating true wealth (the point at which you no longer work for money, but where your money works for you) I had some seriously bad habits in the spending and saving/investing departments.
For one, I had no real conception of what life would REALLY be like if I had attained true wealth. And without a solid understanding and thorough investigation of what my life most likely would become as a person of wealth, how hard was I willing to work for it?
My motivation to change my spending habits was not high enough because I did not "visualize" wealth in all it's forms by my definition.
I didn't even HAVE a personal definition of wealth at the time. Wealth can be many things to many people. Aside from "things" and cash, wealth by my definition includes happiness, family, time to do what I want to do before my life is over, and the ability to help others I care about.
It is more involved than that, and I have it all written down in great detail. But since completing this simple and fun excuse, wealth means something more tangible to me now, and I am more focused and working harder at it than ever before simply by writing down my real definition of wealth.
I have more to strive for than just being able to afford a car I have always wanted, or a house in the country with horses and plenty of hiking trails.
After deep examination and visualization of what my future would be like as a truly wealthy person, I am now able to justify tougher sacrifices for the future I truly want. Where before, my commitment to my wealthy future ended at the first luxury item I saw or trip I just had to go on.
Make a list. Write down what you want and envision your future as a wealthy person. And don't limit your list to "things."
What do you see your family life being like as a wealthy person?
What experiences can you have when you are wealthy that you can never have as a 9-5 worker?
What philanthropic (charitable) things would you like to do?
What would you do for your family and friends?
Where would you travel?
Where would you live or have another property?
What would you invest in?
Giving yourself a tailor-made definition of wealth really does help you to make your future as a wealthy person more "tangible" to you, and gets you ready to make the sacrifices in your spending and saving habits now that will get you there faster!
About the author:
Jack Humphrey is an Internet Marketing Consultant and MoneySecretsOnline.com Team Member at: http://www.moneysecretsonline.com
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