Become A Multimillionaire The Simple, Tested Way
The Ground Rules For Steady Wealth Creation Page: 1 2
Since you are reading this, I'll surmise that there is a desire (perhaps a burning one) in your heart to make millions and achieve financial security. That could mean that you have surmounted the basic problem faced by many about wealth accumulation: a moral question as to whether it is decent to seek wealth. To some extent rooted in religion, there are those who would abhor an active quest for wealth accumulation, seeing it as morally and spiritually unhealthy. If you see it that way, this article is probably not for you.
Why You Need A Financial Fortress
Every person has a craving for happiness and peace of mind. These two states are naturally anchored in your capacity to meet the needs and challenges that confront you on a day-to-day basis, including your obligations to self, family and fellow man. People live with a lot of anxiety, discomfort and unhappiness when they lack the ability to meet a significant proportion of the important needs they face. It is possible to do good to the world without much wealth (Mother Teresa showed us how), but with resources, you can easily accomplish so much! So, if you desire to achieve a sense of financial security, meet your important needs and dreams and touch the lives of many others, you need a financial war chest.
Your First Step
Success is hardly ever an accident and this is poignantly so with financial success. You've got to make it happen, if you desire it! The starting point is therefore with your mindset. These four points are important for your financial success:
- You need a conviction that financial success is a worthy pursuit and you need a decision that you will work to achieve it.
- You need to accept that the success you seek is not an overnight result: genuine success needs a time horizon and a lot of consistent work. You must be willing to think long-term and to know that the earlier you are off the starting block the better your chance of a successful race. Here, we're not talking of winning a jackpot (a chance event) or misappropriating public funds (a criminal act) or some other get-rich-quick scheme (often illegal) and not even an inheritance (many don't have that good fortune). We're interested here in legitimately working one's way to wealth.
- The result you desire will not drop suddenly out of the blue. It will be the cumulative effect of day-to-day actions and choices. Therefore, every kobo is important and every choice counts.
- Building for the future requires immediate sacrifices. You must be ready to defer gratification and incur some immediate discomfort in your quest for a strong financial future.
Setting An Agenda For Your Millions
These key action steps will see you through to the wealth you desire:
Develop A Financial Plan
Planning is critical in everything you do and plays a key role in your drive to a multimillionaire status. Can you leave such a major life-goal to chance? Common sense should dictate that developing a viable plan to actualise your financial dreams should be an activity to commit peak mental capacity to. It is that important, but strangely, a lot of us fail to give serious thought to our financial future and how to uplift it. Well, if you want millions you've got to do more than the average person. Start with a clear plan for your future. Set your financial goals (specific, measurable and timed) and a clear path to their attainment. If you need help doing a good job of it, you may need to see a financial adviser.
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