Senin, 30 Juni 2008

10 Wisdom-Based Wealth-Building Strategies

"It's the business of your life?


and you're the CEO!" Gala Gorman

Imagine that you're Noah and God is telling you that you need to build the ark. You might suspect that Noah was a bit skeptical. Could it actually rain for such an extended period of time that a small ship would be required to survive the storm? According to the Bible, the answer is "Yes!"

So, when I suggest you build an ark of your own - one of the financial variety - how much convincing will you need? Fortunately, this ark won't require a that you assemble a seemingly useless structure in your backyard and it won't require a 1,000 year flood to come in handy either. This ark will be something you can be proud of and it will provide you with financial security every day of your life.

While any approach to creating financial security must suit the values and needs of the individual, these are the Top 10 Wealth-Building Strategies that I believe will ensure that you can weather any storm life sends your way.

1. Use the A-R-KTM Technique.

A. A is for Accumulating Assets. This may seem like a simple concept but in today's challenging circumstances it is much too easy to spend everything you make and more.

B. R is for Retiring Debt. Debts aren't called liabilities for nothing. You need to work towards reducing and eliminating debt when everyone else is focused on using every ounce of equity.

C. K is for Keeping Commitments. Once you make a commitment to yourself to apply the A-R-K TechniqueTM, you need to keep it! You build confidence in yourself and others this way.

2. Prepare for the inevitable rainy day.

A. Understand life's cycles. It is a fact of life that you will experience challenging times - in a way times like these are meant to adjust your course. Life's challenges are much easier to face with financial security.

B. Maintain a positive AND realistic attitude. It might not seem like positive thinking to plan for a rainy day. I believe planning and preparation are the most valuable tools you can use to deal with life's problems.

C. Develop plans for your A-R-K. You need a plan. God gave Noah a "blueprint" to build from. You need a financial blueprint. What will your ark look like when it's completed?

3. Acknowledge where your wealth comes from.

A. GUS is the source. Some call it "God", some "Spirit", others "the Universe", and still others have developed their own term to relate to. The acronym GUS (God's Universal Spirit) honors all the wisdom traditions.

B. Give back to those who gave to you - spiritually and otherwise. You might consider this tithing. Tithing is your way of demonstrating your faith in an endless supply.

C. Subscribe to the Universal Law of Use. This universal law applies to every department of your life. Get rid of clutter and anything else that isn't serving a purpose. One person's junk is another's treasure.

4. Develop sufficient liquid resources.

A. Cash is King! I can't stress enough the value of having funds readily available that can be accessed without a significant reduction in value. This is the "hull" your ark is built on.

B. Calculate your cash reserve requirement. Do you know how much you would need to meet your minimum financial responsibilities for a period of six months?

C. Define "liquid". Liquid resources are assets that can be converted to cash without penalty or market fluctuation. You need a six month cash infusion plan that is easy to execute in an emergency.

5. Understand real estate investments.

A. Own your home "free and clear". Mortgage brokers encourage you to borrow every dollar you can - especially with interest rates at historical lows. With this approach, you'll forever make house payments!

B. Use conservative values for planning purposes. With real estate, values can fluctuate dramatically based on factors completely out of your control. How much would you realize if you HAD to sell?

C. Are you prepared to run a business? Owning real estate (unless it's your personal residence) requires you to run a business that you may not consider a valuable use of your time.

6. Understand equity market investments.

A. Evaluate your risk tolerance. Investment advisors typically discuss the concept of risk with their clients, but don't face reality. Investments come with a significant chance that value will decrease significantly.

B. Accept that the stock market is illogical. There are many "systems" available today that purport to make the market predictable. The truth is there isn't much logic behind market values.

C. Fund managers are paid even when they're wrong. Most mutual funds underperform the market by 3%. This is in part due to the fact that fund managers are paid handsomely whether they perform well or not.

7. Know the value of your income stream.

A. Build a sellable business. When you're ready to "retire" will the work you've done to build your business have lasting value, with or without you there? With proper planning, your business is a valuable asset.

B. Create lasting value from your career/job. If you aren't working in your own business, you can make the most of the income stream from your paycheck and benefits. Take advantage of employer-sponsored programs.

C. Supplement with investment income. Your investment strategies can generate additional cash flow if required. Depending on the phase of your financial plan, you have the option of adding to useable resources.

8. Limit your "use" assets.

A. Depreciating assets are necessities or luxuries - maybe both. In most geographical locations, a vehicle is a necessity. Does your vehicle meet your transportation needs or does it satisfy a desire?

B. Know the hidden costs of expensive "toys". We all have them - assets that are nothing more than grown-up toys. You need to know what those toys really cost to maintain.

C. Money buys experiences. When people are surveyed about what makes life more satisfying, the answers vary. Consistently, people agree that they enjoy traveling, dining and the outdoors. It takes money to have fun!

9. Set goals.

A. Have a target you're moving towards. Without a comprehensive plan, you will have difficulty adjusting when you face life's challenges - financially or otherwise.

B. Define your wealth-building strategy. Once you know where you want to end up, you can determine which strategies should be implemented to meet your goals.

C. Embark on the journey. Just get started! Realize that you will have setbacks, but you will never get there unless you start rowing in the direction you've determined you want to go.

10. Protect what you've built.

A. Buy insurance for predictable losses. Property insurance protects some of your assets, but you should also consider the risk of losing your income stream. Life and disability insurance can provide added protection.

B. Add layers of protection for unpredictable losses. There are many ways to protect assets from the uncommon disaster - a lawsuit or other occurrence. Asset protection tools can help you rest easy.

C. Create a succession plan. Whether you own your own business or want to provide for your family in the event you are unable to do so, any effective financial plan should consider succession.

You might be feeling like a sound financial plan leaves no room for fun or enjoying life's pleasures. On the contrary, your plan should serve your individual needs and put you on the path to financial freedom. If you dream of driving a luxury vehicle or taking a cruise around the world, your plan should factor in the costs so you know you are creating a financial future that is real and lasting - not just a "mirage".

Albert Einstein (1879 - 1955) called compounding interest the 8th wonder. It can work for you, or against you. When you invest it works for you. When you borrow it works against you! There is a reason God told Noah to take a male and female of each species aboard the ark?to multiply. That is what compounding interest does for you and your financial ark. Creating a wisdom-based financial plan can help you put the 8th wonder to work for you.

About The Author

The Top 10 Wisdom-Based Wealth-Building Strategies have been developed from the A-R-K TechniqueTM (ARKTM) which is at the center of Gala Gorman's Wealth Management services. Your FREE ARKTM Assessment is available at http://www.GalaGorman.com.

By Gala Gorman, PhD CPA CFP


Have You Ever Had That Feeling?

Have you ever had that feeling where you could not wait to go to sleep because you were so anxious about tomorrow? You were so excited and your heart was beating so fast that as much as you tried you could not go to sleep? So you just lay in bed imagining what you would do the next day. Imagine that you were thinking about what you would do with the money you've made that day and how much more you will make tomorrow. Have you ever had that feeling?

Imagine having just launched your own financial comeback. I'm talking about paying off everything! Yes, including the house. Just think you could be a day or two away from having an extraordinary life. Believe me it could happen. I've seen fortunes created in a matter of hours. For some people just having a few extra thousand dollars would change their life forever. How would you feel if you could give them a few thousand dollars and it not have a negative impact to your finances at all? Have you ever had that feeling?

The key to wealth-building is finding a way to get the edge. The edge means seeing opportunities where others see difficulty. For example, most people are aware of the surge in the price of gasoline. They are complaining about the price hike. I instead look for an opportunity in the situation. Another way of putting it is to turn lemons into lemonade. Crude oil, which gasoline is derived from, offered a $6000 profit in one scenario this month already. Have you ever had that feeling?

It's no secret that the price of gasoline is going to go even higher. You may as well make a fortune from it and at least be able to afford to put gasoline in your vehicle. Imagine not having to worry about the price you pay at the pump for gas. Have you ever had that feeling?

Building a string of financial successes takes education and a keen sense of perception. Educate yourself and change your perception and you could be on your way to a financial breakthrough. I am willing to educate and mentor a limited amount of people on how to profit from this extreme situation developing in the price of gasoline. I will teach you everything you need to know to position yourself to make money.

Visit www.themoneymotivator.com to order the Money Tracks Program today and get that feeling!

By David D. Wells


Residual Income - 3 Ideas for Long Term Profits

A residual income is one that comes in no matter what--even when you are not working (or can't work.) It's something all of us will someday want and possibly need.

There are several paths to creating a residual income. I am going to quickly give you three ideas on how to get it done:

1. Invest small amounts of money over a long period of time.

Doesn't sound to exciting, huh? Well, just take a trip in a time machine with me...

Imagine your parents had begun putting away just $1 a day into a fund for you since the day you were born. If they had followed some simple rules, here is what you would have:

? At age 20 - $ 38,171.10
? At age 30 - $ 161,834.23
? At age 40 - $ 662,120.60
? At age 45 - $ 1,334,221.99
? At age 50 - $ 2,686,057.96
? At age 55 - $ 5,405,082.95

I think we'll stop there--you get the point.

What if you're 30 and haven't been doing this? Start today and you will have another $327K by the time you hit 65--put away $3 a day and you could have an "extra" million.

If you want to really see how exciting this concept can be, I have a report by Bob Allen on the specifics you can download as my gift by Bob Allen Report

2. Use other people's money to leverage wealth.

If you never use other people's money to help you build wealth, you will limit your wealth potential.

The amount of money you have to invest in a new venture is always limited--the amount of money other people have to invest in that same venture is virtually UNLIMITED.

Gary Halbert, the master copyrighter, uses this technique. Whenever he takes on a new client, he gets an up-front fee and 5% of the gross revenue from the promotion. So, he gets the benefit of the sales generated by a huge investment of capital on his client's part--and it continues to come in after he has already completed the work.

Keep in mind that 5% of $1,000,000 in sales generated by his work is much more than 100% of his $15,000 fee.

3. Create strategic alliances.

Have you ever noticed that the same people seem to be on the "inside track" when it comes to new products online--and that often you seem to be the last to know? Here's why:

There are a relatively small group of people who have large lists and have created strategic alliances with one another. When a new product is about to be launched, they get on the phone and put together a promotion that allows them to be first to the marketplace and get the lion's share of the profits.

But before you think, "Well, I can't get into THAT club," let me point something out: Joe Kumar, a kid from Singapore, did what almost no one does--he simply asked for admission.

And he got in, resulting in about $100K in sales his first full month of promoting.

To see more about Joe's story at 30 Days

Get on the phone, give a call to some "big names" on the Internet. You might just develop an alliance that will put you on the *inside* rather than out in the cold.

There are many ways to build a passive income. Three are detailed above--there are many others. Find one that fits you and pursue it. It's worth the effort.

By Kevin Bidwell


Residual Income - The Myth

"Join our program and retire in 3 months..." yeah, right.

We all want to get to a place where we have ongoing, hands-off income that continues without us having to work for it. These ads play into that desire by offering us the promise of "easy continuing income."

The reality is often far from the sales pitch.

The first step in developing an ongoing, residual income is to dispel some of the myths surrounding the sales hype.

Here are some of the most common myths about creating a residual, ongoing online income:

Myth One: Put up a Website and Sit Back and Collect the Checks.

Those of us who have run Internet businesses for a while can tell you: Making a good living on the Internet requires marketing, customer service and order fulfillment. Either you have to do it yourself or you need to hire someone to do it.

Either way, having a website and selling your own products is often far from the "laying around on the beach while collecting your checks" image.

Myth Two: MLM/Networking Income is Residual Income.

Almost always a part of the sales pitch in networking is "creating residual income." While that is *possible* with MLM, it is very difficult to maintain. Here's why...

MLM income is built on three basic factors: new purchases by retail customers, the recruiting of new *wholesale* customers and the ongoing purchases by both groups.

In order to have an ongoing "residual" income, you need to recruit, train and motivate a sufficient number of *leaders* who will then continue the process in growing numbers.

This is rarely the case.

Instead, top leaders have found it is easier to build a large list of MLM "junkies" who they then take into one program after another. If you stopped joining new programs, your income would also dwindle within a few months.

Myth Three: Just Build Your Business and Hire People to Run It for You.

This does work, but it is often more of a nightmare than a dream.

At various times I have had anywhere from 0 to 15 employees. I have had many friends and clients with much numbers up to 1,000 employees. We all have the same opinion: Unless you have enough employees and profits to hire top quality managers, employees are a constant headache.

If you DO build a big enough, profitable enough, business and if you have the right personality, then building your business and hiring people to run it is a great idea.

Myth Four: Developing A Residual Income is Easy.

I don't want you to fall for this one, either. Developing a residual income will take some perseverance. The steps to getting it done are not difficult, but it requires one thing many people will not put in--consistency. If a person does the right things, day after day, they will create an ongoing, growing income. If they try today, then one day next week, then one day a month later, they are unlikely to ever get there.

Developing a residual, on-going, hands-free income is worth the effort. Avoid trusting in these four fantasies, get ready to work and you can have a supplemental income in no time at all. Keep it up long enough and you can eventually retire.

By Kevin Bidwell


Residual Income - Part Three Finding Leaders

In my last article on Creating Residual Income I mentioned that employees are a pain.

That wasn't completely accurate. To be more accurate I should have said, "MOST employees are a pain."

In addition to the "regular" problems of payroll, sick time, legal issues, etc., there is the bigger issue that EMPLOYEES ARE LOOKING OUT FOR THEMSELVES, NOT FOR YOU.

Which means they need constant supervision and encouragement to make you the largest amount of money possible. It's just the way it is.

But there is a better way...

I went to college selling vacuum cleaners door-to-door. Yup, door-to-door. I didn't do it because I always enjoyed it-- sometimes it was raining or cold or BOTH--I did it because of this wonderful little thing called COMMISSION.

Every time I sold a vacuum cleaner I got paid $120. Not bad for a college student in 1982. Most weeks I sold 2, some weeks 3. Part-time, maybe 20 hours a week.

I knew I had the skills, and I was motivated by the money. No one had to tell me to work. No one had to tell me to not spend my day sitting in a coffee shop. The only way I made money was to sell, so that's what I did.

What would it mean to your online business if you had super motivated people selling your products or services? People who ALREADY KNEW how to sell? People who ALREADY had built a loyal following of visitors and subscribers?

Let me tell you: Just one of those people will sell more products for you than 100 "regular" people. And they will do it with half the time commitment on your part.

In the online business we call them SUPER AFFILIATES.

Recruit enough of these SUPER AFFILIATES and you can retire.

But what if you don't have your own product or service to sell?

This can be even easier...but I will save that for my next article.

In the mean time I have put together a page with four tools anyone can use to find these PRICELESS individuals. One of them is so OBVIOUS you will be amazed you didn't think of it yourself...one of the others is so POWERFUL I was able to identify 127 super affiliates for my own site in just 10 minutes.

By Kevin Bidwell


Who Wants To be A Millionaire?

How many people search Google, Yahoo and MSN each day for the terms - make fast money online, get rich quick, or make money online? Or how about Who wants to be a millionaire?

Thousands! Thousands upon thousands, each and every day.

I wonder why?

Well, I'll let you in on a bit of personal stuff here. When I bought my first computer 5 years ago, the first word I typed into a search box was money ? yep, that's all, just "money"? and in Google search, there are 230,000,000 results - (that's 230 million)

And so began my exploration of tens of thousands of money making websites on investment schemes, scams, frauds, HYIP's, bank debentures, loan programs and, well, you name it? if it's out there, I've found it, and likely tried it.

Occasionally I made some money, but more often I lost. However, I have never once complained about losing money to a HYIP. I was brought up in a gambling family, and I learnt to gamble at a young age. In fact I've made a living out of betting on horses and dogs from time to time.

Since being online I've learnt to recognise a scam. It's not easy, and the people who develop and promote them get more sophisticated every year.

One of the craziest online money games I took part in was called E-Biz Ventures or e-bizz. You gave them your E-Gold, and 4 day's later they gave it back to you plus 100%? yeppers, that was fast money, they doubled it in 4 days. And this went on from sometime in late September 2000 until just 2 day's before Christmas the same year. It lasted three months.

Three months of doubling investments every 4 day's or so. And this all took place virtually without a glitch. It says as much for e-gold's automation as anything else.

By early December there were Audio chatrooms filled to capacity 24 hours a day, with people telling their story, answering questions, helping new people get started, all the while driving the frenzy? then the authorities stepped in and arrested the bloke running the show. It has been estimated that there was over $10 million revolving through E-Gold every 5 to 6 days by that time.

If you wanted to get involved in E-Biz, the most important person in your life was an E-currency Merchant? a market maker.

E-currency merchants convert your hard currency, like Dollars and Euro's, into E-currency's like E-Gold, eBullion, Netpay and Intgold. These people are the middle-men who fund your e-currency accounts for you, so you can take part in online commerce without a credit card. If you want to put $100 into your E-Gold account, you give them about $105. They place $100 worthy of e-currency into your account, and cop the $5 for their effort.

Likewise, if you want to cash out of your e-currency account, you give the e-currency merchant about $102 worth of E-Gold, e-Bullion or whatever, and he cut's a check for you for $100, keeping $2 for himself? so he made money both way's. About 7% on a round trip in and out of your e-currency account. If you were using a credit card to fund your account, they charge around 15%!

OK now? how would you like to get a bit of that action?

Well you can? but it's not easy, unless you have someone to lead you through your first few trades.


Building Wealth by Paying Yourself First

When I look around at all of my friends, and a lot of my family, I see a lot of people living from pay check to pay check, under monetary stress. These same people watch the Calendar for payday like a hawk. Pay their bills, and then open up the spending flood gates, before they know it, they are itching for their next pay check. These same people are the people who don't think they make enough money to build future wealth. They are wrong.

The way I save money, is by paying myself first. I have automatic deductions come out of my bank account on the 15th and 30th of every month, which I put directly into a mutual fund for safe keeping. I take a small portion of my pay check, roughly 10% and put it away. This may not seem like much, but over time it adds up.

In addition, with mutual funds you will have the benefit of compound interest on your side. You should EASILY be able to achieve 8% interest on average in a good a mutual fund, often times more. That's $800 a year on $10000!

Once you start, you will be addicted. Watching your funds grow is incredibly addictive and will inspire you to invest a larger percentage as your income rises. If you have debt, put a portion of this percentage towards the debt and a portion into your mutual fund, so you have something positive to reinforce your automatic deductions.

The bottom line is this, if you have the money deducted in advance (and pay yourself first), you won't miss it and you can go ahead and spend what's left of your pay check week in and week out. You will be investing in your future wealth, and your mind will be at ease that you aren't wasting your life in the rat race and never progressing.


Ryan McKenzie


7 Golden Rules to Financial Prosperity

Not Enough Money?

I believe that most people haven't got enough money for everything they wish to have - the more you have the bigger your plans, and you have a feeling that you have less and less money.

Whether you have lots of money or just so-so, you need to economize and take proper care of your money ie your income, expenditures, savings and investments.

Below I give you 7 Golden Rules to a Financial Prosperity:

1) Always have several streams of income: never rely on one income from one source only.

2) As soon as you start to earn, start to put aside a certain amount to create an automatic money source: I remember I have always had my own portfolio since I was a child, and can tell you that I needed it several times. Even if you have property, you may find yourself in a situation when you need fast cash. In such a situation, you will not sell your property, but you can sell part or even the whole of your portfolio.

You don't need to start your portfolio with thousands of dollars, you can develop it.

You only need to set a rule that you won't touch it when you don't need it, and keep it for vital urgencies. To buy a better car or a bigger house is not an urgency.

3) Always take care of your money personally: it's not necessary to do everything personally as soon as you can afford it but never allow any other person to have a right to handle your money without your knowing, or your express approval. If you think that you don't have time to supervise this or that it's not important, you will have to find it later for much more unpleasant things when you lose your money.

Many of you will 'hate' me for what I'm going to say now and I will receive lots of disapproving messages but I have to say it: don't even allow your spouse to do this - love and money is not the right association, and I know what I am talking about. Keep these apart.

Don't supervise your investments and expenditures only - Always strictly collect your money. Never allow people to owe you - again: with no regard to how much money you have, always demand every dollar you earn to be paid to you.

4) Strictly distinguish between expenditures and investments: it's very easy to put everything as cost or overhead: don't do this. Apply an easy rule: expenditure or cost is money thrown out of the window - you can't expect any return money on it, while investment is desirable (of course, not every investment is desirable): this should bring you more money, more property able to make you more money - the only questions you should carefully consider are whether you can/should afford such an investment at the moment, how much you're going to get back, how fast and whether it is acceptable.

5) Keep your expenditures at the minimum with no regard to how much money you have: expenditures are killing for everyone. It's useless to tell you stories about big fortunes lost by unwise costs. I'm sure you know many yourself from your neighbourhood.

6) Avoid loans, don't borrow if you don't know for sure you can repay. Never purchase anything on future incomes or promises.

Just a little example: if I have a notice that a payment is on its way to my account and I need the money today for some reason (however, I can't see any reason like that :-) - never mind), I can borrow. But, if I think I will sell 1,000 books next week, I mustn't borrow.

7) You must always earn more than you spend. In case you don't earn more than you spend, then you must spend less. In other words, you must always be in green.

If you think that you must swap your car every six months even if you should borrow, then it may easily happen that you won't drive anything in a very short time.

I don't want to waste hours of your precious time by long essays on savings and wise advice. Just adopt one principle and whenever you want to do something with your money (- whether it's thousands or millions or just a couple of bucks), just think about it: take care of the pennies and the pounds will take care of themselves.

About The Author

The article may be reprinted or used freely as long as it is in its entirety incl the resource box below:

By Irena Whitfield


Cutting Costs Can Significantly Increase Your Income

As a work at home Mother, I know the value of a deal. Any smart business person knows that the best way to make money is to SAVE money.

Recently my husband quit his 9 to 5 salaried career to work from home with me. In order to afford this we had to take a good long look at our typical expenses and determine what we could do to cut our costs.

We quickly realized how much money is spent to make money. A quick peruse through our refrigerator revealed a lifestyle of haste. Almost our entire diet consisted of prepared foods. We made a pact to take turns cooking meals and freezing leftovers to see how much money we could save.

What we found out is that it was actually easy to cut our grocery bill in HALF on a consistent basis, simply by preparing our meals! It may not take a rocket scientist to figure that one out, but it was shocking to us to see how much money we had been spending simply for the convenience of quick meals to support our unbalanced, quick paced lifestyle.

Food that may have been wasted in the past is now the source of one or two more meals. We freeze a lot of food so that it doesn't feel so much like eating leftovers and when we shop we look for deals. We actually find that we eat healthier then ever and certainly enjoy the quality of our meals more.

One of my favorite ways to save money is using online coupon codes. When I have to purchase any item for my home office, birthday gifts, clothing for the kids, etc. I always do a search for a coupon code first. You would be amazed at how many merchants that you shop from on a regular basis actually offer coupons for free shipping, 10 - 20% off your entire purchase, etc.

To use a coupon code, simply visit a website that carries them such as http://www.promotionhub.com and locate the store that you plan to shop at. If there is a code noted, make sure to copy it down in case you are asked for it when you go to pay for your order. Generally though, the coupon code is embedded in the link you click and you will receive the discount simply by arriving at the website through that link.

Another tremendous source of savings? gasoline! My husband had been commuting two hours a day, five days a week. The gas tank was filled on a weekly basis. Since he has been working from home, we fill the tank only on very rare occasions. Our trips are short and infrequent.

We also became acutely aware of our energy usage. Turning off lights became religion. Warm clothes is mandatory before even considering turning on heat.

Cutting expenses is an extremely viable way to help make your real dreams a reality. For us, it was that both of us could be 'work-at-home parents'. To me, that is the ultimate American Dream. To you it may mean saving money for a vacation you never thought that you could afford, or paying off debt that could otherwise have taken years.

Find ways to cut your expenses and you have instantly increased your income! Happy Savings!


By Lori Redfield


Top 10 Secrets of Getting Rich!

As many people have observed, "Success leaves clues." If you want to achieve extraordinary success in the coming year, study the experts, do what they do, and modify their techniques to suit your particular situation. It's easy!

Well, maybe not easy, but there are basic fundamentals. In the belief that we all need to be reminded of them regularly, here are some of the secrets that have helped me and my clients over the years:

1. Focus on values. I've known people who made some money, but I've never known anyone who got rich without examining their own values, priorities and beliefs. Start by writing down a list of things you value, things you believe, what you want, and what you plan to do with this incredible life you have. Start with your values.

2. Get a life. Before you can handle great wealth, you must make room for it. This is the old, "if you build it, they will come" model. Trying to squeeze success, wealth, fame or fortune into a small life won't work. Create a life first; the lifestyle of your dreams will follow.

3. Eliminate clutter. Trying to create success and achieve wealth while your life's a mess won't work. Success requires clear priorities and a passionate commitment. Simplify your life. Eliminate the excuses. Clean up everything that distracts you from reaching your most important goals.

4. Specify your results. Nobody can hit a target they can't see. Define your outcomes and set clear, achievable results in advance. Know what "success" looks like! Have measurable, specific outcomes and determine that you will achieve them!

5. Burn your ships. There's an ancient story about a Greek general who landed his troops on an enemy shore, then burned his ships. He wanted to make it very clear: Retreat and failure were not an option! Leave no room for failure.

6. Put in more than you take out. No one will pay you more than your services are worth! Get clear about that! You just can't fool people very long. Your services and your results must be far more valuable than the small fee you charge. Some people will rip you off; the rest will make you rich!

7. Live below your means. Rich people know this. Wealth is accumulated, re-invested, used wisely and given away. It is never spent! Let the millionaire athletes and folks who win lotteries buy the fancy cars and flashy jewelry. If you want to achieve great wealth, live simply, invest wisely, enjoy it all!

8. Get rich slowly. The key to great wealth is to minimize income, while maximizing your assets. Income is taxed. Income gets spent -- think about all the cars, boats, diamonds and houses people with huge incomes like to buy! Investing in assets that are hard to spend (buildings, stocks and bonds, collectible art, etc) creates wealth that is not taxed, and isn't spent on a casual impulse.

9. Pay lots of taxes. No, I'm not talking about paying more than you owe, but pay every cent the law requires. Rich folks don't haggle over nickels and dimes, they invest to make millions! If you can legally avoid taxes, do so! Use the law to your advantage when you can. But juggling the books to hide income or save a few bucks, wastes your time, wastes your energy, creates fear of getting caught, and makes you cheap. Don't do it!

10. Give it away. You can't take it with you when you die, and money is not attracted to the selfish, the miserly or the mean. If you would attract money to your life, be clear about what you want to do with it. Contribute to charities that will use it for good. Make the world a better, richer place and you'll create wealth that will last for generations to come. Your children will thank you!

by Philip E. Humbert


The Top 10 Steps to Becoming a Millionaire

There is perhaps no more important decision than to take charge of your own financial future. We live in a world of opportunity, and yet most Americans are buried in credit card and other debt. We are surrounded by people who are getting rich, but most of us are running in place. If you can read this, you are literate, have a computer, you are part of the "wired generation". You can become as financially independent as you wish to be. Here are the Top 10 keys to your financial success:

1. Decide to be financially successful. This is different than wishing, hoping, wanting or even desiring to be rich. Make a commitment that this is going to happen! Financial independence is not an accident or matter of luck, and it usually requires some inconvenience. Have you decided to achieve this goal?

2. Understand how money works. Most of never studied finance or investing in school. Most of were never even taught to balance a checkbook! To master anything, you have to understand it. Read. Study what successful people do. Take classes.

3. Master your relationship with money. Some of us spend for excitement, to show off, to prove we can. Some of us are addicted to spending, and some of us are just careless about it. Whatever your relationship with money, understand it and develop a relationship of respect, appreciation and gratitude. Use your money, rather than allowing it to run your life.

4. Set specific goals. They should be challenging, but not unbelievable, just out of reach but not out of sight. Challenge yourself to be out of debt by a specific date. Make a commitment to saving an exact amount each month.

5. Develop a budget. A budget is a set of dreams and aspirations. It's how you really, really want to use money to benefit your family and run your life. Budget to buy the things you really want, and to eliminate the "impulses", the toys that waste too much of our income. A budget is a map to your destination. Have one and use it!

6. Reduce spending. Yes, this comes after making a budget, because when you begin getting control of your money (rather than the other way around) you have powerful new reasons to reduce expenses. Most self-made millionaires live far below their means! You should to.

7. Begin investing. Most of us spend or speculate. Both are roads to disaster! Invest in things you understand. Invest cautiously, wisely, and regularly. The objective is not to "make a killing", but to get rich over time. Know and obey the distinction between gambling, and putting your money to work for you.

8. Increase assets. Most people try to increase their income, and that's a mistake. Making more money means paying more taxes. It takes time and hard work. And, when wealth arrives in the form of cash, it's easier to spend. Millionaires buy stocks and buildings, they invest in assets that will make them rich - and that are hard to spend on a whim!

9. Reduce taxes. Most Americans pay more in taxes than for food, clothing and shelter combined! It is your largest expense! The poor and middle class don't realize how much they pay because it's deducted from their pay check. The wealthy know there are legal and appropriate ways to shelter income, to invest in socially-responsible ways, and that the tax code encourages this. Learn the tax laws and use them for your benefit! (Yes, it's the most boring reading you'll ever do, and worth it!)

10. Use your wealth wisely. Someone once said, "The reason most of us aren't rich is that we'd spend it all on ourselves." Give. Share. Help others. When you use money to make a difference, to have a positive impact, you get the chance to do more. Being greedy and selfish will not draw money to you. Investing in your community, will!

To begin your education about money and becoming a millionaire, I highly recommend several books on the subject. Two of the best are: "The Millionaire Next Door" by Thomas Stanley and William Danko, and "Rich Dad, Poor Dad" by Robert Kiyosaki and Sharon Lechter.

by Philip E. Humbert


One Pipeline Is Worth A Thousand Paychecks

It is with great pleasure of having you here at this hour. Let me get it straight and be honest with you at the very outset. First of all, I'm not going to sell you anything here. And second of all, if you are hoping that you could learn some tricks to earn Quick & easy Money, you are definitely in a wrong place.

What I'm offering you are some personal story and lesson which I hope you will find it useful and beneficial to your well-being - be it financially or spiritually. Below is an article which I wrote to an online magazine, some time ago. The response was phenomenal and overwhelming. I hope you will enjoy reading it.

The Power of Dream

Have you ever dreamed of being financially free seomeday ? Yes, let me repeat, FINANCIAL FREEDOM. I bet some of you do. However, I believe only a handful of you would actually commit yourselves into making your dream comes true. Instead of committing to pursue your dream, you would just sit back and do nothing about it. Am I right to say that most of you have no confidence of yourself , let alone your dream?

"The future belongs to those who believe in the beauty of their dreams." - Eleanor Roosevelt

Well, some people will doubt it and think that being financially free seems to be an impossible dream to attain. - Never ever doubt about yourself !- To have financial freedom is not impossible and is within your reach if you possess the fundamental understanding of how wealth is created and accumulated.

By the same token, the depth of your financial knowledge and planning will determine your financial future whether you will retire broke, debt-ridden or leave a huge amount of wealth for your dependence. The choice is yours because you are the navigator of your own destiny.

As Burke Hedges the author of the book The Parable of the Pipeline eloquently writes , " becoming a millionaire is a matter of choice, not chance ."

How to Be Financially Free

Most of you must have heard of people saying; you either be a professional or run your own business to earn BIG INCOME, right? It is true to a certain extent, however, a profession per se does not guarantee you a better financial future. Why? Because no matter how much you earn as an engineer, a manager, an accountant, an architect, etc. you will still depend on a paycheck or a fee for a living. Think about it, the moment when you stop working, your income will stop flowing in and the next thing you know, your bank-savings is drying up.

Thus, being a professional with a big income is never going to make you financially comfortable. You will never make your family safe and secure. Burke Hedges calls this group of people a "bucket carrier". He writes, "as long as you carry buckets, you have to show up and do the work in order to get paid."

Does it sound familiar to you? This is how the rat-race world works. Instead of working for the money as Robert T. Kiyosaki, the author of the best selling book Rich Dad and Poor Dad pointed out, "we should make the money work for us." What a brilliant saying!

So how do we get out of this rat-race world? The answer is we need to start thinking on how to make the money work for us. Have you ever heard of the concept of leverage? It is a concept that is widely applied in all fields of work including the financial world. So what is it all about?

What is leveraging?

Leverage is a phenomenal concept that has been known to people throughout the ages. The root of the word leverage, lever is originated from an old French word that means, "to make lighter." Say, if we want to move an object, which is many times heavier than us, what do we do? That's right. We place a rigid bar on a pivot to lever it and the object becomes so light that even a child can lift it easily.

"Give me a lever long enough and a fulcrum on which to place it, and I shall move the world." - Archimedes

This is the power of leverage. In today's financial world, we apply the same principle of leverage to time and money, and the outcomes are exponential. Leverage allows people to work smarter, not harder, and it is the reason behind the creation of so many millionaires in the last century.

Leverage: The Source of Residual Income

Residual income, which is also known as passive or recurring income, is an income that will continuously generates inflow of money to us after the initial effort that we have put to work or money we have invested in an investment fund. Alternatively, if you are an inventor, your residual income will basically derived from the rights and patents of something you have invented and used by others. The same goes to an artist or a musician.

Two Types Of Leveraging

Leveraging Money

Have you heard of Warren Buffet? Yes, the second richest man in the world and a legendary figure in the stock market that earn his living by leveraging other people's money and as result he made himself and his investors rich in the course.

Check this out. One share of Buffet's Berkshire Hathaway stock was worth around $19 in the mid 60s and by the end of 1998, the value of that single share has shot up to $70,000. Say, if you have invested $ 10,000 back in 1965, your investment at the end of 1998 would have been worth a whopping $ 51 million. WOW ! That's unbelievable. The money was left to compound by itself as time went by. That's how money-leverager makes their millions.

Nevertheless, most of these 'money-leveragers' would only get to see their wealth touches the million-dollar mark only after they have reached their 50s or 60s. Though it's a long wait before they could see the result, it is worth the wait anyhow. Wouldn't it be great to be a money-leverager?

Ok, let's be honest to ourselves. Not everyone of us has the patience to wait, not to mention, some of us even find it hard to come up with the initial capital to invest. So, if we don't have the money, what do we have to leverage then? The answer is TIME !

Leveraging Time

A day has 24 hours and all of us regardless whether we are rich or poor, have that same amount of time in a day. Time helps us to level the playing field. We can no longer give ourselves excuses not to be rich. We have been given an equal opportunity in this era where every one of us can have easy access to information and knowledge on wealth building.

All we need to do is to leverage an iota of our leisure time and spend it wisely to build our pipeline that will continuously pay us day and night. Always remember - pipelines are no longer an affair of the rich. Pipeline belongs to people who believe they CAN do it.

Why Leveraging Time Not Money?

"Life is a waste of time; time is a waste of life; so why waste your time when you could be having the time of your life?" - Unknown

Why leveraging time not money? Well, if you were a money leverager, you wouldn't be reading this article in the first place. You would probably talking to your broker looking for stocks to invest or busy looking for real estate properties to add to your investment portfolio. Right? So I believe you are here because you do not have enough financial means to leverage money to build pipelines of ongoing residual income. ( Admit it, I won't tell anyone. )

Up to this point, I hope you understand the difference between leveraging time and money. Let us put aside the latter and pay more attention on the concept of leveraging time as we have mentioned earlier that building pipelines through leveraging time is within everyone reach.

In the next few years from now, believe it or not, many millionaires will be created through Internet marketing - either selling your own or other people's products. ( What if I could show you how to start an Internet Business in less than 24 hours, and see profits by next weekend - would you be excited? - keep reading if you want the answer) Internet marketing gives you the edge over other types of businesses because it is not limited by boundaries and physical limitations. It is accessible 24 hours a day and 7 days a week.

Do you know that a recent report has shown that e-commerce revenue has trippled in the last 5 years ? And it has been forecasted that transaction from online buying would reach up to trillions dollars in the next 5 years.

Ok, so much of the hype and yet you're still not convinced that people do make money via internet. Would you believe if I tell you that I could earn U$ 2K-3K a month for having only to spend 30 minutes a day online? Well, the rest of the day I spend on reading and working - yes, I still work because I "want to work" and not I "have to work". There's a big difference here. With some extra cash in hand, I invest some in stocks and Real-Estate. Well, as the saying goes, "Never put all eggs in one basket."

Hey, why don't you go have a look at what I have on my websites? Please go to:

www.archbrowser.com

or www.archiquotes.info

ArchiQuotes.Info was started as a hobby. Like you perhaps, I did not know how to create website at first - it's not hard to learn though. Anyway, there are ways to earn some extra cash through internet. You don't have to create a website on your own. I can assure you that Donald Trump of the Apprentice reality show, knows nothing about computer-aided drawing (CAD) software and yet, still able to build a business empire related to buildings. The reason being, he has MONEY! Like I said earlier, you need to find something - a tool - to make the wheel cart moving. Once you've got it moving, it'll be so much easier to keep it going. That's physics - the law of inertia. YOU have to start the initial drive!

What I'm going to share with you is something personal - You and Me. But first of all, I want to thank you so much for bothering to read so far. Words of Advice: if you are a type person who has no determination to succeed, please do not read further or attempt to try it. If you insist you want to try, good. Welcome to the BIG THINKER group. You will see result in less than a month provided that you put 101% effort in what you are doing.

I owe much of my online success to one person that is, none other than the foremost online guru, Corey Rudl. I believe some of you must have heard his name or read his book. He is the Grand Strategist of all Internet Business and Internet Marketing.

To win a war, you need to have strategies in place - echoing the wisdom of ancient Chinese sage, Sun-Tzu. Likewise, if you want to succed online, you need strategies. There's an old saying that say,

"Don't Reinvent the Wheel."

That's right. You are lucky because you don't have to start from scratch. Corey Rudl has put in place all the strategies for everyone who wish to earn some extra cash or - let me be a little bolder - earn a six figure income! If you are serious about going online to make some extra cash, look no further. Corey Rudl's is a proven internet marketer - he earns U$ 7.8 million a year. Is that convincing enough for you to start an online business?

Perhaps, some of you will comprehend what I've written here and proceed to set your own financial goal. Others may just call it a quit before even trying it. Whichever path you decide, always bear in mind this saying by Napolean Hill, "winners never quit, and quitters never win." All success begin from a very small step of faith in yourself. Let me end by giving you an old chinese proverb,

"A journey of a thousand miles, start with one steps."

Believe me, one pipeline is worth a thousand paychecks. Start building one now.

by EdChew


A New Paradigm Shift In Earthly Wealth

Hello,

If you dont understand this yet, or have not heard of opportunity investment, you are about to venture into a new life for yourself and your family.

My own fiscal transformation occurred several years ago, yet its not over yet, I've just begun.

Let me ask you, if I told you that money was laying around waiting for you to pick it up and stuff it into your childrens education account, would you believe me?

On some level I think you know its true, money is abundant on this planet.

Let me awaken a sleeping giant in you. I say this with complete frankness, you can TAKE what you need in this life time and you dont need to learn or try or work hard or any other silly diversionary objective within a specified number of months.

Money is spare, it sits waiting everywhere we look. I call it "excess intrinsic value" Well, I didn't coin the phrase, but thats what I call it.

Hayden Mullers excellent work introduced me to this concept and others. These revelations changed my life.

Im not talking about metaphysical, wishy washy concepts about belief and faith. When you see things in the right light, the way every other "high net worth individual" see's it.....you see things as they really are.

I was a fool for many years, working and slaving rediculous hours every day for another mans comfort and benefit. But without an alternative, thats all I had. My wife and I were happy, but I dare say not as happy as my boss and HIS wife and family were.

Im not saying quit your job this minute, but there will come a time very soon, where that will be your only logical decision.

Today, however, you will learn and absorb what you as yet dont perceive correctly. First and foremost that money is spare everywhere around you.

This grass roots phenomenon is sweeping the world. Its a quiet equalizer. Ordinary people like you and me are taking what they need to live well without the need to work and slave for another man for even a single more day.

The wealthy are noticing, but theres nothing they can do, nor do they care. How can they fault people who utilize the self same methods they themselves used to make their own fortunes in the first place.

There is enough dollar wealth on this planet for each and every soul on earth to own a New York apartment building each. 5 billion inhabitants, $100 million each, you do the math.

Yet so many have nothing. I mean nothing at all. They must work there fingers to the bone on a daily basis. Just to survive. Why is that?

Can we blame the rich? The politicians?

No, do we blame ourselves? NO!

Ignorance is the one and only evil on this earth. Its the scourge of this world and for lack of a few simple pieces of infomation, millions go without a real life.

Yet, as stated, theres a surge of new wealth emerging from the ranks of ordinary people like you and me. Real wealth, not just an uptrend in the value of the family home.

People are living in large homes, going on decadent vacations, sending their children to good schools and growing a life together that is free from lack in any way.

The best part is that it's not through sweat and toil, that was the old way. The way our grandparents did it. The revolution is growing. Pinnacle wealth is a thing of the past and the greedy few that hoard and dominate the planets resources are shedding their power and yielding to the many that demand a reasonable "cut" for themselves and their own families.

We are doing it with our minds.

We are doing it with our witts.

We are doing it with a few simple concepts, and a safe and sensible approach.

Most of all, we are doing it very rapidly indeed.

Learn more today, visit us at the link I present for you below.

By Martin Thomson


What is Your Creative Retirement Plan?

The idle are a peculiar kind of dead that cannot be buried."
Oriental proverb

One thing is certain - when you do not have a creative challenge during your retirement years, the idleness and its accompanying despondency blots out any chance for happiness and contentment and can even encourage an early death.

We spend a great deal of time on our retirement financial planning thinking if we have a roof over our heads and food on the table we're all set. But no matter how big or small the roof or how limited and abundant the food, without a creative challenge to fuel your mind and spirit, the money is meaningless.

There's a story about US President Calvin Coolidge. He died at the early age of sixty. He had an office but little or nothing was accomplished there - few came to visit. At his home, he had no hobby or interests. So empty was his life he used to go down in the cellar to watch the handy man throwing coal in the furnace.

In Michael Connelly's novel "Lost Light", the hero, a Los Angeles cop describes his retirement.

"?.I was now retired. I was supposedly comfortable. I had a house with no mortgage and a car I'd paid cash for. I had a pension that covered more than I needed covered. It was like being on vacation. No work, no worries, no problems. But something was wrong and deep down I knew it. I was living like a jazz musician waiting for a gig. I was staying up late, staring at the walls and drinking too much red wine. I needed to pawn my instrument or find a place to play it."

That is not a good place to be.

When fuelled by continuous creative challenges, the ability to originate new ideas does not diminish with age. When you think of your retirement years, remember age is just a number - health, heart and mind determine age.

In his book, "Staying Young Beyond Your Years", Dr. Howard Wilcox Haggard notes that many people have acquired the habit of NOT learning - they allowed themselves to get out of the habit of learning.

Don't fall into that trap. If you are planning for your retirement remember - to be a happy, contented and creatively-active older person is to make yourself a happy, contented and creatively-active younger person.

If you are retired NOW is the time to step up to the plate and go for a creative homerun. Create a life work that pops you out of bed in the morning.

Here are a few extras - retirement add-ons that wrap a blue ribbon around a happy, contented and challenging retirement.

See don't just look - study the beauty that surrounds you. Take time to sit on a park bench or on a lakeshore and play the "Positive Game". Make a mental list of all the positives around you - the laughter of children playing - a couple holding hands - the structure of a flower - the movements of a bee.

Spend time with the younger generation - their youthfulness will rub off on you. My grandchildren keep me young in mind and spirit.

Exercise is vital - even a daily thirty minute hike works wonders. Play the positive game on your walk. I download motivational books and listened to them on my portable CD player while I'm walking.

"Do not act as though you had a thousand years to live"
Marcus Aurelius

By Dave Wright


Re-discovering the Fundamentals of Financial Planning

To lose weight in the 80's, we went on low-calorie diets. In the 90's, we switched to low-fat diets, and now, in the 21st Century, we are completely convinced that it's all about the low-carb diet. What ever happened to just eating healthy?

In a culture where everyone is looking for shortcuts, it's not often that you see something about fundamentals. Well, take note of the following three basics of financial planning, because it may just be what's been missing from your 'plate.'

1) Have a goal in mind! Savings are only as useful as your desire to apply them to a specific purpose. If your goal is a new home, great; if it's to send the kids to Fordham, even better; and if it's retirement, terrific. Once you have the "why," you must determine "how much," and "when." These two variables will determine how aggressive you must be, as well as how much of a present sacrifice you'll need to make in order to reach your goal.

2) Spend less than you earn! If you're a bit late in the game with this one, then the first order of business is to minimize your debt. The common American philosophy is to spend first, and save what's left. Contrast this with the Eastern tendency to invest first, and spend what's left. Can you guess which approach is more likely to lead to wealth? Many people will admit that it is unreasonable to buy a 50" plasma television if the only way to pay for it is with a monthly installment plan. Why then don't we apply the same philosophy to buying a home? When considering rent versus a mortgage, it is generally advantageous to have the mortgage. However, replacing the five-bedroom home with a nine-bedroom home before the five-bedroom has been paid off simply doesn't fit the model.

3) Invest monthly, and start now! $1,000 invested monthly is a heck of a lot easier than $12,000 at year's end. Add to that the concept of dollar-cost averaging and more often than not, you'll also earn more over time. Finally, because of compounding, the sooner you get started, even at a small amount, the less time it will take to get wherever it is you want to go-even if that includes a stop along the way for a low-carb tofurkey salad.

By Matthew S. Clement


What Do You Mean By Diversity?

The word 'diversity' is a unique one. It can represent many things, depending upon its context. To work in a diverse workplace is to have all genders and ethnicities represented. In another example, people strive for diversity within their leisure activities, while at the same time seeking consistency (yes, that is strange).

Used to describe your financial affairs, diversity is equally important, and I'd be happy to share why this is so. Have you ever met someone who said, "I invest all my funds in small tech stocks?" I have, though they're not as vocal about it these days! The same can be said for those who favor healthcare, real estate, junk bonds, emerging markets, or their bedroom mattress! Every segment of the market has short-term and long-term cycles and fluctuations, and no one is immune to them.

I favor nothing! No segment of the market is more or less important-they all have a role. I manage assets like I feed ducks-everyone gets some, but no one gets too much. Handled mathematically and reviewed regularly, there is, in my opinion, no better way to approach the issue of long-term growth.

(If you happen to have any fat ducks in your portfolio, I would recommend you put them on a diet.)

By Matthew S. Clement


Top 7 Ways To Get Rich

Want to be one of the lucky ones on the road to riches, want to be on the freeway to financial freedom, on your way to wealth?

Here are the top 7 roads to riches, the top 7 easiest and fastest ways to acquire wealth ...

Inherit it
This is how today's old money families got their wealth. In the 1800's and early 1900's, before anti-trust laws, income taxes and political correctness, America's finest families built empires and amassed great wealth; in industries such as oil, banking, newspapers, sugar, transportation, land, bootlegging and even prostitution. And that original wealth was passed down to succeeding generations. The number one easiest and fastest way to acquire wealth is to inherit it. Unfortunately, inheriting wealth is mainly a matter of blood; you have to be born into the right family.

Marry it
If you can't inherit it the second easiest and fastest way to acquire wealth is to marry someone who is already wealthy. And sometimes that person may even be kind, generous, compatible and loveable. And, if not, divorce can pay off handsomely. Just remember to get married (and divorced) in a state that has favorable community property laws.

Work for it
If you can't inherit wealth and can't marry it then you can work for it. People rarely get rich having a job. Rather, they build a company and own it. And then often take that company public, collecting hundreds of millions, or billions, of dollars in doing so.

Or, they invent something useful and valuable which greatly benefits society, such as explosive devices like dynamite, or the paper clip or the thigh master or eBay.

Win it
If you can't inherit wealth, can't marry it or can't work for it then maybe you can win it. Lotteries abound, paying out multi-million dollar jackpots, and eventually someone always wins them. Unfortunately, you have a greater chance of being struck by lightning then winning the lottery. But, hey, it only costs a buck!

Steal it or deal it
If you can't inherit wealth and you can't marry it, work for it, or win it then maybe you could steal it or deal it.

You could become a CEO or chief financial officer for a big cash-rich company, cook the books, steal millions of dollars, buy a $20 million dollar home, lie to the feds, and hope you don't get caught, convicted and sent to Club Fed. I don't recommend anyone try to get rich this way.

Also not recommended is to deal it; to become a drug lord and generate hundreds of millions of dollars in cash dealing heroin, crack, meth and other non-FDA approved goodies and wholesaling it to pushers who will gladly resell it to anyone to wants it, ranging from children to movie stars. After all, aren't drug dealers just supplying what people want; even if it creates crime, ruins lives, kills people or could put you in jail for the rest of your life. Not a legal (or moral) way to get rich.

Gamble for it
If you can't inherit money, can't marry it, can't work for it, can't win it, can't steal or deal it then maybe you could gamble for it. Over 50 million people play poker. A few even make millions of dollars at it. You've seen them on television, winning or losing upwards of a million dollars on the turn of a card. Looks easy, doesn't it? They don't look so tough on TV; I bet any decent poker player (like me for instance) has a good chance of beating them on a lucky day. So maybe you could simply plunk down $3,000-$25,000 per tournament entry fee, or get a backer, join the World Poker Tour, win a few tournaments and get rich! Or maybe, in reality, the average amateur poker player has a snowball's chance in hell of getting rich that way.

Invest and get rich
If you can't inherit wealth, can't marry it, can't work for it, can't win it, can't steal or deal it or can't gamble for it then maybe you can invest and get rich. There are 2 good ways to invest and get rich; the real estate market and the stock market.

According to historical data, over time, real etate goes up a average of 10% a year. So getting rich in real estate tends to take a long time. And also requires a large down payment. Hard to get rich quick that way.

On the other hand, the stock market can be a good way to get rich. Stocks can go up dramatically over a relatively short period of time and make you rich but you have to have the money to invest and you have to pick the right stocks at the right time.

To recap how to get rich:

1. inherit it

2. marry it

3. work for it

4. win it

5. steal it or deal it

6. gamble for it

7. invest for it

These are the top 7 easiest and quickest ways people can get rich. How will YOU do it?

By Alan Korber


Spiritual and Emotional Money Goals: The Keys to a Financially Free Future

Are you setting the right money goals?

Most people believe having more money would mean having more security. Right? Wrong. Having more money is only one goal we need to achieve in order to be financially free. Increasing our internal ability for abundance is the goal we need to meet first.

The problem with only pursuing wealth externally and not internally is that our hidden, limiting beliefs about money can wipe out our savings, our line of credit at the bank, and the $5 we borrowed from a friend to put gas in our car.

Having more security is not something that can be determined or created by how much we earn, how much we save, or how much we own. Security is an internal barometer of how much we trust ourselves to be able to handle difficult circumstances.

In order to do this, we must set result-oriented goals (the vacation, the new house, etc) as well as clean up any negative internal programming we have around money.

Let's try an example. Say that you do get that raise, or get some unexpected windfall of cash. You think your all set. And then in a matter of 30 - 90 days, you're back to where you started. What happened? One of two things: Either you have spent your cash on something you thought would bring you more security, or, in the case of a raise, you have also raised the level of your debt so that while you are now making more money, you are also spending more money.

How do you know what your internal money goals are? The first thing to do here is to look at your relationship with money for the past 10 years. What patterns do you see creeping out? Are their any serious financial challenges? Is there a pattern of high peaks and low valleys? What does your money history tell you about your internal relationship to money?

Set A Goal To Create A NEW Relationship With Money

Then take this information you have just gathered and consider it. Develop 3-4 internal money goals that will reflect a change in your relationship to money. If you've had a "love-hate" relationship for example, what can you do to change that?

Here are a few examples to get you started:

Forgiving yourself for past money mistakes or bad decisions? Building your level of trust and deserving with money? Having your own relationship to money instead of your parent's? Eliminating money patterns that produce "scarcity thinking?"

By creating result-oriented goals around money combined with spiritual and emotional-level goals around money, we can begin to exact change in our relationship to money - and have MORE of it!

By Bernie Cardell


A New Economic Policy

Anyone knows that material wealth is measured in goods: apples, cars, shoes, sheep, etc. When the number and the quality of these things increases, wealth increases.

But economists disagree. They say they can make wealth by destroying goods or by producing fewer goods of poorer quality.

If we would use the technology, labour, and resources that are now available to us, the entire planet could enjoy an amazingly high standard of living. But the experts say it wouldn't be good for the economy. Why?

Because the economists work for the rich and not for the poor. They are only interested in higher profits for the sellers... even if it means fewer sales at a higher price.

Businessmen may make more money by destroying half their crop and tripling their prices. Half the population may go hungry, but economists will say they have increased the wealth of the country. Do you see a flaw in their thinking?

The flaw is that they have confused money with wealth. And hardly anyone in the world dares to correct that error. But think about it: You can't eat money. It will not keep you warm. It is only useful if you can trade it for something else.

But if we continue with our present economic policies, there will be less and less to trade it for.

WHAT IS MONEY?

Before money existed, people were still greedy. But there were limits to their greed. When you traded chickens for sacks of wheat, there were limits to how many chickens you could carry home, house, and maintain.

True, some had more than others, but it was unthinkable that any one person could have a million (much less, a billion) chickens in their back yard. And, if others in your village were starving while you had even a thousand chickens, it was hard to convince the others that you were entitled to a thousand times more than they had.

Then someone invented money. It was easier to carry, store, maintain, and especially easier to hide. With enough money, you could own the world, without actually putting it in your back yard.

Poor people could work in your factories, shop in your supermarkets, do business in your skyscrapers, even drive on your roads in cars financed by your banks, and never feel angry about how unfair this is.

Now the rich control the media, education, religion, even the government. They have brainwashed us into believing that they have a right to destroy the world in order to increase their wealth. We now think that whatever is good for BHP is good for all of us.

Worse still, we have all been tricked into playing their game. We now believe that money is the key to happiness. The entire human race has lost touch with reality in our obsession with money as an end in itself. This is madness!

WORK VS. PLAY

The struggle for more money does not only hurt the losers - the poor. It also hurts the winners, by making their work life a miserable existence... a rat race!

Musicians, actors, athletes, and kids play. Others work. But what is the difference? The general rule is that "players" do not receive wages for what they freely choose to do, and "workers" do. And with increased leisure, people are learning to make "play" out of many activities.

Prisoners study law; grandmothers take up flying; uni students enter campus politics; businessmen start hobby farms. And they do this with no promise of pay for their efforts. Are they working or are they playing?

They are "plorking" (pronounced plurking). Plorking is a combination of playing and working. It means being creative, productive, or useful without being concerned about receiving money for it.

Some people enjoy their jobs and would not trade them for anything. These lucky plorkers (who just happen to be paid for it) are more reliable, more dedicated, and more contented than their workmates.

If everyone did the things they wanted to do, everyone would be more productive, and society would be richer for it.

But the money myth has convinced people that they must spend their lives making money rather than being happy and productive.

People who cannot find a way to make money (or who aren't interested in making money) are made to feel they are useless. Worse than that, they are told that they have sinned against the world that feeds them until they begin to make money again. No thought at all is given to how creative, useful, or productive the non-wage earners may be.

If players are the best workers, then more effort should be made to encourage people to play, instead of condemning the few who do.

WHERE DO WARS COME FROM?

To most people, we fight wars because people in another country are evil and we (the good people) must stop them. But it isn't really that simple.

Remember that people in the other country are being told the same things about us!

Greed is the great weakness of capitalism; but it is also the great weakness of socialism. Both sides are trying to destroy the other for the same reason... greed. Wars are just an extension of the greed that operates within every strata of society. But it is easier to see the utter foolishness of such motivation when we look at the devastation of war.

Tragically, the rich on both sides do not fight their own wars. Instead, they sacrifice the lives of the poor in their quest for more power.

The same conflicts go on within our country, in the form of running battles between employers and employees. And it even operates on the family and individual level in the form of almost constant arguing and malice.

Hatred between the sexes, racism, generation gaps, are all self-destructive. And they all come from a desire to explain the emptiness greed has left in our own spirits, by blaming someone else.

For your own sanity, for unity in your family, for prosperity in your country, and for the survival of the human race, someone must begin to declare war on greed... before we all destroy ourselves!

A NEW MOTIVATION

Although there was a lot of criticism of the space race during the 1960's and the 1970's, it was fulfilling a human need in a much more positive way than Vietnam. Kennedy's Peace Corps offered hopes of being an even better alternative to war. (Of course, these programs were only as successful as the zeal of the masses allowed. Personal inventiveness, adventure, and love do not depend on support from the government.)

The human spirit enjoys a challenge. If we are not actively building, we are actively destroying. Too often we think the way to build ourselves up is to tear someone else down.

What is needed is a vision and a commitment that are both positive and complete. We believe the goal must be total love... for all mankind. Our aggression must be directed against the lies and deceptions that are destroying the world (but not against the people who tell and believe the lies).

We are talking about more than nice words for a political platform or a new religion. We are talking about a community of people who refuse to let money be a motivation for their daily living... people who actively seek every day to use all of their skills, energy, and resources to express love for others.

In time we hope to see this spirit of love spread and affect others. Real love is much more than emotional thrills; it is capable of ushering in a whole new world order. In fact, we've found it is more powerful than life itself.

A few of us have begun to work for love rather than for money. We have given up everything we own and we are prepared to die for love.

We have already found that such commitment pays dividends in terms of inner fulfilment, increased awareness, and a zest for life. We believe we've hit on the answer to the world's problems.

THE SOURCE

This is always the hardest part to get across: The things in this booklet really came from the teachings of Jesus Christ. That's right; we're Christians.

Please don't confuse us with all that passes for Christianity today. Jesus said some amazing things, if people would just take him seriously. He called this new economic police the "good news of the kingdom of God."

It's important to bring God into it for a couple of reasons.

For one thing, if we're not careful, we can end up letting go of money and then fighting over the things it can buy. Just as goods are more important than money, so God is more important than the goods. He's the source of all true wealth.

The obvious argument, "If we don't look after ourselves, who will?" has an answer when you bring God into it. If you're working for love, you're working for God. It becomes his responsibility to look after your material needs. And we've found that he does!

Also, God comes into it when you try to decide the best way to go about loving others. Only he knows the future, and he explains a lot about the overall plan in the Bible.

Some good places to start if you want to study the source of our theory and the source of real wealth, are the 6th chapter of Matthew (2nd half mostly) and the 4th and 5th chapters of James (first couple verses of each especially). We have a lot of other study material too if you are interested.

THE COST

It's not realistic to expect that the rest of the world will quickly accept our new economic policy. People have been conditioned against it for too long.

To really change the world, you have to change the hearts of people, and that's a very tall order. But never underestimate the power of one life. People like Gandhi, Socrates, and Jesus Christ have had a mighty influence on history because they believed some things were more important than even life itself.

Just one such individual in the world today could make a big difference; and two or three... or even a dozen might be enough to start a spiritual revolution that could change the entire world.

There have been armies of people who were willing to kill for what they believed in. Why not an army of people who are willing to die for what they believe in?

We can give our lives by dying quickly for this new world order, or we can give our lives a day at a time by labouring patiently and faithfully to bring a little light to a dark world.

Remember that if you change even one small part of the world, you have still changed the world. Much change is very slow and gradual.

We have learned that the message we preach often causes people to act in irrational anger. Sometimes they themselves do not know why they are reacting in the way they are. But if we are sure that our motives have only been to show love, then even a hateful response should be encouraging; it proves that we are getting through.

When they have done all they can to stop us, and we still continue to love, they will know then that love is stronger than hate.

By Dave McKay


What Are Your Beliefs About Money and Wealth?

What is your attitude towards having wealth? Do you believe it is possible to have anything that you want? Or do you believe that wealth and prosperity are reserved only for those other "lucky" people in this world...? Alright then, please pay attention to this:

There Is No Such Thing As Luck

Take a good look at what you have today; look at how much money you have, your possessions, and your investments if you have any. Are you satisfied, or are you just going through the motions, and settling for second best? Look around at everything you have right now?and then look in the mirror. Because....

Everything you have right now, YOU have created.

Now, this might be a totally foreign concept to you; if so, I want you to open your mind and consider what I have just told you. Maybe it will be a hard thing to accept at first, but once you do, I promise that you will unleash an invincible force within you. When we're not getting what we truly desire, it's much easier to blame outside forces than to look inside ourselves?.but by blaming others, we give away our power! The honest truth is that what you put your attention on expands.

Do these sound familiar?



The rich get richer and the poor get poorer

There's never enough to go around

I can't afford that

Our family has always been poor - it's in our blood

Money is hard to come by

That's the way it's always been



What other negative belief systems are holding you back? Whatever your situation is, you will always get what you think you deserve. Have you heard stories about people who rise from a life of misery and poverty and win enormous sums of money on the lottery, only to become flat broke again after a couple of years? At the end of the day, It all comes down to attitude.

What is your attitude towards wealth and prosperity? Do you believe that it has never been in easy reach? Write down your beliefs. Doing this will help you to find what parts of your subconscious mind are stopping you from achieving success and living the life of your dreams. Make a commitment to change your beliefs; it's all up to you. If you want to be wealthy, you need to leave behind your old attitude and develop a new way of thinking. Open your heart and be willing to receive prosperity and abundance, and it will be yours!

***

You are licensed to publish this article free of charge, on condition that the author's name is included, and the link to her website remains visible and clickable to human readers.

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By Sonia Devine


WARNING: The Biggest Lie About Social Security

Like I said, If you are poor and on social security do not, and I repeat do not read this article.

Why? Cause I am going to blast the recent article that was in USATODAY on August 16, 2005.

The one that read "Millions of Americans get by on Social Security alone".

Stand back... I warned you.

Here goes...

What the hell are you people thinking. And by 'you people' I mean you poor dumb ass non success driven, slacker, good for cat food people.

WHY DON'T YOU HAVE ANY MONEY?

What comes out of your mouth will now be an excuse...Plain and simple. Because I was a homemaker or a farmer, or I didn't work much, or I was this or I was that.

10.6 million Americans live on Social Security alone. It makes me sick. The U.S. is the land of opportunity and some people can't even feed themselves.

WHAT IS WRONG WITH YOU?

If we were still living in the trees in Africa and hadn't evolved yet, your ass would have starved off a long time ago.

Only the strong survive.

Now that can be strong willed, strong minded, or any sort of strength where you aren't going to allow yourself to eat cat food.

Here's part of the article I laugh at:

"For some of the elderly, just admitting they need the help is tough. They are proud people, says Hulsey. They want to live independently for as long as possible....One reason they hold on: They don't want to have to depend on Medicaid, the governments health program. If they get Medicaid, they can't have much else. Johnson says that in Oregon, if you go on Medicaid, the state can get reimbursed by your estate when you die, leaving your heirs with little.People want to leave an estate when they pass on, Johnson says. They hold on to the deseperate last."

Okay...now 99/100 when you die and you're only living on Social Security, you don't have an estate. Your heir's will get stuck with the bill.

Now I am done ranting.

While it may be too late for those 10.6 million Americans who live on Social Security, it's not too late for some of us. I urge everyone to read about building wealth and then take action to do it. I don't want to read in the newspapers about you too.

Social Security should be used to pay for your green fees.

Yours for success

By Owen Stobbe


If You Know These 5 Wealth Secrets Then You Are Probably Already A Millionaire

Wealth Secret 1 - Decide Your Outcome Right Now.

Unless you are incredibly lucky you will not be successful straight away. In fact you will inevitably face many challenges which will test your character. One way of overcoming these challenges is to know what you are striving for. If you don't have a clear outcome then you may give up at the first setback.

If instead you imagine yourself with $1 million in the bank, a Ferrari on your driveway etc. etc. then these crystal clear images will help you overcome adversity and spur you on.

Wealth Secret 2 - Commit To Growing (Your Brain).

Spend some money on some products that will help you learn new things. There are some amazing books out there that will inspire and motivate you in your quest for personal wealth. You need to look upon this as an investment not as money going out the door.

You cannot just keep doing things the way you always have been because nothing will change that way. Learn from people who have been more successful than you. Take inspiration from them. Most of the successful people in the world today devour new products, ideas and teaching even though they are already successful.

Wealth Secret 3 - The Most Successful People Have Often Been The Biggest Losers.

It is said that the inventor of the light bulb, Thomas Edison, tried 10,000 attempts until he struck success. That meant he failed 9,999 times! Most people try something once before giving up, can you imagine most people even trying 50 times, I can't.

Wealth Secret 4 - Failure Doesn't have To Exist.

If something doesn't work out the way you wanted then you have found one way which you can discard, you are closer to success. Now take that knowledge and try again but in a different way - and keep trying and trying until it does.

Wealth Secret 5 - Provide Some Value (Do Something!).

It's easy for many people to try take shortcuts to success by doing little or even trying 'scams'. You can't expect people to pay you vast sums for not doing anything or not offering some value or improvement to their lives. If you can save people time they will gladly pay you vast sums. If you can write a great book people will pay you vast sums. If you can save people money they will pay you vast sums. If you don't provide anything of value - then you won't get anywhere.

Find even more wealth secrets on Mark Eastwood's website ChooseWealth.com

By Mark Eastwood


The Truth About Setting Up A Wealth-Pump Business: The Passive Income Myth Exposed

In theory the idea of generating additional (and passive) business revenue from books, CD programmes and eBooks couldn't be simpler. Find a market. Create a product. Watch the money roll in while you play golf, pamper yourself, shop for shoes, go fishing or enjoy a little R&R.

The reality though is a little (I'm under-exaggerating here) different.

To make income from products genuinely passive there are steps in the process that you can't afford to miss out. In fact the first phase of setting up your passive stream of cash requires hard work, persistence and intelligence. You'll have spent a lot of time, effort and money before you can truly say the money coming in is truly coming in of its own accord.

So here's the myth:

Passive Income Is Easy Income

This dangerous myth has been shamelessly propagated by (almost) all the people selling "Passive Revenue How To Products" out there. What's worse is that they promote this myth in their own interests. You see, if they told you the truth. If they actually said that implementing their fool-proof programme means working your nuts off and taking a financial risk then they wouldn't sell so many of their programmes.

The truth is - us humans love the word EASY. "Easy" sells. But nothing really worth having (as life often proves) comes without a price. So in this case, unless you're extremely lucky, you're going to have to push that passive income vehicle up, an often, very steep hill before you're going to enjoy coasting along watching the money roll in.

It's Not Really All That Passive Anyway...

In the diagram below you'll see that there's a lot of effort involved to get your product off the ground. During this time you (or your publisher) will be spending time and money. But even after you reach the top of the hill (the tipping point) you still need to be active to a certain degree in order to profit. When you're coasting along at full speed you need to steer clear of obstacles. If you forget about looking after customers or collecting the cash then your income vehicle will crash. And you can forget about making any money!

The Active Steps

Gain Real Experience

Despite what people may say - if you're planning on producing a "how to" information product you'd better know what you're talking about. This does not mean attending courses or reading books (which means you'll just be regurgitating) but actually knowing (from hard experience) what it is you're talking about. If you're ethical, authentic and genuine, then you wouldn't even dare to claim you know something when you don't. But plenty of people still do it!

How many people do you see selling "Get-Rich-Quick" programmes who are flat broke? How many tell you how to make a fortune on the Internet when they can't even do it themselves? Too many!

If we can see through their lies then it goes without saying that if you bluff it you'll get caught out eventually too.

So rule number one. If you don't know about it (from real experience) then don't write about it!

Identify An Opportunity

It amazes me, but some people even forget (or skip) this vital step and wonder why they never make any money. You've got to find a community or group of people who will share the problem your product can solve.

It's your job then to identify a genuine NEED and market for your product. What pain relief can you bring with your knowledge? What expert information can you share on a popular hobby or pastime? What challenges, problems or dreams do people have that you can genuinely help them with?

Create A Valuable Product

This is the point where you leverage your experience, expertise and knowledge by turning it into a system which can then be recorded and delivered without you needing to be there. You can convert this system into a book, eBook, audio programme, video etc.

A valuable product must be able to deliver on a promise. It must be well put together and it must be unique. What's your unique spin on the subject? What results can people genuinely expect from applying your knowledge?

It's also a false economy to create audio (thinking that it's easier) for a "how to" product, with steps to follow, when a more appropriate media would be a book or eBook. Audio is great for motivation or self-help. But not so good for step-by-step stuff like DIY, Car Maintenance or How To Draw. So don't think in terms of what's the easiest thing for you - think in terms of what's the most effective way to communicate what you know.

Also, forget the "Interview An Expert" model. It's just a cheap (and blatantly easy) way to make a quick buck without coming up with a single unique thought yourself.

Promote It Like Mad

Even if you've been published by someone else - it's still your responsibility to get the word out there. For instance, if you have a mailing list then tell them about it. Your publisher is unable to do that for you. If you're communicating using blogs, chat rooms or forums (where your knowledge is being openly displayed) then mention your book. If you're still trying to sell higher-value products and services then use this as your lower-cost way in. For lots of idea on promoting things like mad on a budget buy The Gorillas Want Bananas or Lean Marketing Toolbox.

Don't sit on your bum when it comes to promotion whether you're doing it yourself or being published. If you're not making any money and you're doing very little about it then you only have yourself to blame; your publisher can only do so much on your behalf and is likely supporting another 100 people just like you. What's your excuse - you only have yourself to look after.

The So-Called Passive Steps...

Collect and Account for Money

It doesn't matter how great the product is, how hot the market it or how much promotion you do. If you don't have a system for collecting money then you're not making any income (passive or not). Be sure to have systems in place from the outset and account for everything. You don't want to lose all your profits to the tax man.

Deliver Excellent Customer Service

Again, your job is not over until you have a happy customer. What extras and bonuses can you give? Have you got the basics right? Is your delivery process as slick and efficient as it can be? Unhappy customers will want their money back and will tell their friends to steer clear so don't crash, due to a sloppy business model, when it should be plain sailing.

It's Never Passive Forever

Eventually, after all your hard work is done, sales will decline. So make it a habit to keep on promoting. It never stops. To mistake "passive income" with "passivity" is to see all your hard work come to nothing. Take responsibility and make it pay.

By 'Dangerous' Debbie Jenkins


The TRAP Behind Websites With INSTANT Searches for Unclaimed Money

There is no questioning that the amount of unclaimed money or property being held by both State and Federal agencies is staggering and growing each year - current estimate is believed to be in excess of $40 BILLION.

On the prowl for new sources of revenue, cash-strapped States are pouncing on UNCLAIMED PROPERTY by shortening the 'dormancy' period of most abandoned property and strictly enforcing their statues for holders or companies to transfer over these funds to the State's custody. If a state audit discovers the company has been laxed or under reported these funds face stiff fines. As a result in the past few years, millions of unclaimed accounts worth over a $ billion are transferred to the States each year.

With all that said, the emergence of Unclaimed Money web sites have appeared on the Internet hoping to gain from such. Some are legit and do offer a valuable service and information to assist one in locating an unclaimed or lost asset. However, many offer a useless, misleading and costly service especially those that market themselves as "FREE" and "INSTANT" searches.

Here is the 3-prong trap and how it works:

There is NO National database for unclaimed accounts. Every State has its own Unclaimed Property Division and each Federal agency handles its own unclaimed accounts. All of the former and many of the latter have online databases for one to search.

The web sites have collected a few millions names with unclaimed accounts from States' online databases that can be readily done with software that converts the online information into their own database. With more than maybe over 100 million unclaimed accounts nationwide, processing only 5 million accounts, their database will likely have 90%+ of all American last/surnames.

One is asked to insert your name into their search box?and the "Instant' result says there is i.e.) $25,000 of unclaimed money in your name. Well, there can be many/hundreds of others with your name and their software generates varies spellings or numerous first initials to inflate the dollar amount. I.e.) if your name was Cathy Stevens, the dollar amount would include - C. Stevens, Kathy Stevens, K. Stevens etc. trying to lure you into subscribing.

The 2nd tier of the trap is more serious. They purport that they normally charge i.e.) $29.95 for a single search, but a special promotion allows unlimited searches for 30 days for only $12.95 - a deal right?! First of all, to conduct a thorough search, one needs to be checking regularly to find any lost asset. Their database is maybe 5% of all accounts and likely never refreshed - too timely and expensive. And no incentive, they have 90% of all surnames.

It gets better/worse. If one does not read the terms and conditions, you will be charged $29.95 at the end of the 30 day period if you do not cancel the subscription. Based on one's credit card billing cycle, one may not see the second charge (assuming you forgot to cancel) in your statement until still another $29.95 is charged to your credit card.

Last, some of these services purport a 100% money back guarantee. One gets his subscription back if the State says the unclaimed account found in their database is not yours? Their database information was lifted from the State's database. The information that accompanies the unclaimed account will definitely tell one if it is yours. One only gets a refund if the State refuses to return your rightful account. That is not legally possible. The guarantee is worthless. Plus any written correspondence to the State could take 4-6 months to confirm that the unclaimed account was never yours.

Here are the sites that offer such services. They mask themselves under various URLs, but appear to be the same according to 'Whois'.

www.cashunclaimed |
www.cashclaim |
www.Lost-Money.CashClaim.com |
www.USunclaimed.com |
www.Unclaimed-Prop.CashClaim.com |


There are sites out here that offer a valuable service for assisting one in locating unclaimed or lost assets just be cautious of these common and costly traps. The only thorough way to locate one's unclaimed property is to regularly check with all databases for the States in which one has ever lived or worked in, as well as, other Federal databases.

By Thomas Tuke