“Successful people make money. It’s not that people who make money become successful, but that successful people attract money. They bring success to what they do” ~Wayne Dyer~
Money supports your life. Money is important. Money is freedom and money makes your life more enjoyable. That’s why it is important to learn to have money work hard for you.
With money you are free and you can do all the things that are important to you. You have the money to support your dream lifestyle and you have time freedom.
What is important to you:
- Have a lot of time to raise your children?
- Have the money to take a luxury cruise?
- Have the money to travel around the world with your family?
- Have money to donate to charities?
- Have the money to go to expensive international educational seminars?
- Have the money to do what you want, when you want, where you want, with whom you want and as much as you want?
Different ideas, attitude and mindset about money
People have different ideas about money. Some people have the core value security. The need for security is often as a response to the emotion of fear. Fear of losing money. The idea of security is far more important than the money for people with core value security.
For other people their independency, the freedom to do things their way is much more important than the money.
For another group of people a business system that generates income is important. If the business system is left for a year it’s still running, even better when it was left.
The last type of people love making more money with money. Their money is converted into financial wealth. Money is important. It’s more important how much money you keep and how long that money works for you.
How do you spend your money?
Money works for you if you invest your money in assets instead of buying a bigger house, bigger car or go shopping. Build your assets first and with the passive income from your assets you can pay for your desired lifestyle.
You can buy all the toys and the best of everything you want in your life! Live your life to the fullest! Buy the things you want with money from your passive income and not the money from your paycheck.
Spend your money by acquiring assets. Acquiring assets is the only way to greater financial success in your life. You do not have to work hard for your money. When you invest your money in assets your money works hard for you. As a business owner and/or an investor your main focus is to generate passive income.
People increase debt for homes, cars, clothes and vacation. People work hard increasing liabilities instead of assets. Analyze your spending habit. Are you acquiring assets or are you increasing your debt?
If you want to have greater financial success you need to learn to invest and also learn to take and manage risk. Be financially responsible for yourself.
Where are you financially today?
Know where you are financially today and where you want to go. Know your ideas, attitude and mindset about money. Do you have assets? Do you have liabilities? Do you have savings? Do you have passive income from business and/or investments?
Do you invest your time to learn, invest and manage your money? Are you living paycheck to paycheck? Do your ideas, attitude and mindset support you where you want to go financially?
The different types of people have different ideas, attitude and mindset about money. If your ideas, attitude and mindset about money do not support you where you want to go then change them.
For your financial success!