Money can create greater possibilities for you, but you have to be educated about it; you must be empowered. I learned that the hard way.
My father created immense wealth. He took the money he was given and he invested smartly. Throughout my life, I watched him generate ever-greater wealth and business success to become one of the wealthiest individuals in the USA. My father was a prodigy at making money. He was also a big spender.
I grew up watching my father continuously spend money on himself. He collected rare artifacts and pre-Columbian gold, and he had two huge closets that were outfitted like a fine men’s clothing store. He never refrained from buying something he wanted; he never said “no” to himself.
Most blue- and white-collar workers spend decades looking forward to retirement, ostensibly so they can stop working and start living. But financial coach and Right Riches for You facilitator, Curry Glassell, has a vital secret she wants to share. “Wealthy people don’t retire”, she confides.
And why would they?
If the statistics are to be believed, it seems that retiring may be bad for your health. In fact, one British study found that, after an initial period of greater health and well-being, retirement can increase your risk of illness (physical or mental) by as much as 60%.
“To truly understand the effects of retirement on our psyche, it pays to research what the word really means. Most people look forward to retirement as a time of freedom and enjoyment. But the word retire, from French retirer, actually means to withdraw”, Glassell explains.
For many people trying to create greater wealth, a lottery win would be a dream come true. There is a common point of view that if you are given a large sum of money, you will continue to generate wealth forevermore. However, the sad truth is that 70% of lottery winners lose all their money within five years. Instead of using wealth to create more wealth, most people end up squandering their money and creating poverty.
I often say that it doesn’t matter whether you have been raised in prosperity or poverty – with a healthy approach to money, anybody can create wealth. As the lottery statistics show, an abundance of money is not the answer to wealth creation. Instead, I believe, prosperity comes when you have an abundance of...
Ask people what’s stopping them from having financial freedom and many will probably offer a completely logical response. They may tell you about their lack of income, incompetent financial advisors or slow property markets, the rising cost of living, stiff business competition, or stifling government policies.
The only trouble with this is that creating wealth has nothing to do with logic. Think about it; if logic was the answer to our financial well-being, wouldn’t we have created solutions to all our money problems by now?
No, the realm of wealth creation is not logical. In fact, creating the right riches for you can often feel as fantastical as a trip into the Land of Oz...
How grateful are you for everything today? The bed you woke up in? What the weather is doing? The city you live in? How much money you have in your bank?
Gary Douglas says: Gratitude grows gratitude in others, without gratitude you cannot receive. The greater your gratitude, the more money you can have.
Do you always focus on the things that you don't have? It is great to look at what you would like to create, but if you don't look at what you have already created, you can only receive so much. How much more money could you receive if you had gratitude for everything?
The advice most experts give is that if you work hard for long hours then you will make a certain amount of money. What if this is not the only way to do it? What if there was a more fun and easier way to make even more money?
Asking questions opens you up to more ideas and different possibilities. When you ask a question and answer it, you have one idea and one possibility. When you leave the question open-ended and are really curious about a solution, you open up your mind allow yourself to become aware of unlimited ideas.
Here are 5 questions you can ask to open up your creativity and ideas to money flows.
When people travel, they generally look for things like: warm weather, nice views and a big shopping mall. When I travel, I do things a bit differently. I go to places that match the energy of what I would like to have, do and be in life. What if you were to get the feel of what you would like to create in your life and found destinations that matched that? For example, I enjoy being around riches and so that is one of the reasons I choose to be in Houston so much of the time. It has a wonderful, generative feel to it and it is a very easy place for me to be. Houston is one of the wealthiest cities in the world, it has a low unemployment rate and it is very entrepreneur centred. This matches the energy of what I would like to create.
People usually look at money and finances like it is a dense and solid subject. In this reality, money does not have a fun, easy-going and free-flowing feel to it. What if your money situation were not solid and heavy but could be light and easy to manoeuvre? How much more relaxed would you and your body be if you started acknowledging that you have more options than you have been willing to look at with all things money?
Here are 3 options you may have that you never acknowledged possible.