Now that you are here, you may want to download your free audio of one of the Wealth Mindset Books of all time. Thanks for visiting! Jim Rohn observed, “To solve any problem, here are three questions to ask yourself: First, what could I do? Second, what could I read? And third, who could I [...]
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How do you begin your day? Do you pour yourself a cup of coffee, recline to your sofa, and turn on the radio or television to get the latest news reports, at the same time exposing yourself to countless reasons why you should be depressed and unthankful for the events in your life and the [...]
“When you know what you want, and want it bad enough, you will find a way to get it.” Jim Rohn What is knowledge? Knowledge is simply the proper application of what you understand. In actual fact you cannot claim to possess knowledge until it has been applied. Mental or head knowledge cannot produce lasting [...]
One of the single impediments to developing a mindset for success is lack of the understanding of what success means to you. Therefore in developing a mindset for success it is imperative to understand and define what success means to you. Once this is clear then you can begin with the process of developing a [...]
Pastor Rick Warren, author of The Purpose-Driven Life, reflects on his own crisis of purpose in the wake of his book’s wild success. He explains his belief that God’s intention is for each of us to use our talents and influence to do good. Got Success Empowerment Newsletter? Free E-book & Free 21-day Success Ecourse [...]
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Consider the following elements on your quest to getting out of debt into financial independence:
- Review how you got into debt in the first place.
- Analyze your current credit status
- Make a quality decision to get out of debt
- Set attainable goals
- Renew your mind with God’s word
- Move from being a consumers to becoming a producer
- Develop your skills
- Increase your giving regularly
- Be a tither (if you are a Christian)
- Become an investor (money, talent, time)
- Spend less than you earn
- Create multiple streams of income and,
- Declare war on the spirit of poverty.
The simple rules for achieving financial independence by anyone interested in bringing changes to their economic status can acquire a doable and complete understanding of them. To get where you want to go, you need to know where you are.
- Complete your own financial statement. This is your first step in taking control of your financial future. How much passive income do you have today?
- Spend less than you earn and save or invest the difference
- 10%, 10%, 80% rule, Save 10% of your income, tithe 10% of your income and the remaining 80% is yours to spend.
- Pay yourself first
- Resolve in advance to prefer financial independence to status
- Practice frugality in all your financial decisions.
- Develop the quality of patience long-time perspective, in becoming wealthy.
- Your income can grow only to the extent you do
- If you want to change the out-formation you will have to change the in-formation.
- If you want to change the visible, you must first change the invisible
Financial independence is possible for anyone who takes the time to diligently develop the right financial mindset, make the necessary lifestyle changes that could sabontage the efforts and following action plan consistently and not haphazardly. Jim Rohn the America philosopher said that for things to change you must change. Lets go to work on you and you will find that the benefits are immeasurable.
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“Make all you can, save all you can, give all you can.” John Wesley To achieve financial independence, you have to reprogram your mind from being poverty-minded to having a wealthy mentality. Both poverty and wealth are the result of your mental state, and you become financially successful in your thinking long before you achieve [...]
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