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Forefathers Of Wealth Creation: Introducing Wallace Wattles

Dec 7, 2007
Today there are many financial "gurus" who claim to know it all when it comes to wealth creation. Surely, a number of these experts really do know a lot about investing and creating wealth. But even before the big names in financial wealth creation there came other greats who spoke to the world on a more primary wealth creation level. One of those men was Wallace D. Wattles, author of The Science of Getting Rich. Wattles' message is one primed to stand the test of time in matters of wealth creation, as it speaks to some of the most essential elements of success in achieving financial wealth.

Who Was Wallace Wattles?

Wallace Wattles started out life poor and continue on that way for much of his life. Why, then, is Wallace Wattles today considered one of the greatest contributors to wealth creation? Why is this poverty-stricken American one of the most recommended authors for the average person looking to create wealth of his or her own?

In short, Wallace Wattles is touted as a forefather of wealth creation because he rose above that poverty and a lifetime's worth of failure to die rich and successful.

Wattles started on his own path to wealth creation by first studying the principles of successful financial wealth. His study was based more in universal theory than in any one financial school. For a number of years Wattles delved deeply into the theories of the universe that governed all life matters, specifically, the monistic theory of the universe (the Hinud-based theory which provides the basis for the greatest of philosophies of the world, including the works of Descartes, Spinoza, Emerson, Heigel, Leibnitz, Schopenhauer, and many others).

After formulating a Science for Getting Rich which Wattles based in this theory (in coordination with others), Wattles applied his Science for Getting Rich to his own life; Ultimately, when Wattles died at the age of 51, he was a rich man, and a well respected author of more than five self-empowerment classics, plus short manuscripts and a novel. In essence, what Wattles did was prove his own wealth creation theory by applying it to his own life.

What Was Wattles Wealth Creation Message?

Wallace's theory, which he often referred to as "The New Thought Principles", is very well detailed in his most famous wealth creation text, The Science of Getting Rich. It is a wealth of knowledge that is somewhat done an injustice in summary; but if there were a phrase to summarize Wattles' message, it would be "positive thinking".

Wallace Wattles' writings were very much based in the belief that all a man or woman needs to succeed in life, to create wealth and live prosperously is within reach to all who develop the proper mindset to succeed financially. Those who devote themselves to success in wealth creation and commit to thinking and acting in a "Certain Way" will find their way to success. This is achieved through a combination of putting forth the needed effort, visualizing success, and believing in both one's own ability and right to be financially successful to make money.

If the basis of Wattles' teachings seems simplistic, it is because to an extent it is. Of course, Wattles lends much more to the discussion in his books; he lays out the path to forming the right state of mind, and works to dismiss all of the common excuses for why a person cannot get rich. Wattles explains, scientifically, why there is no limit to wealth and why no single person is limited by anything in his or her upbringing or current circumstance.

Though not overly well-known to the general public, Wallace Wattles is very well known in circles of wealth creation. This enduring author is famous for his wide-reaching approach to wealth creation, and his message is timeless, applicable to any type of wealth creation; Wattles is a fitting must-read for every novice and seasoned pursuer of financial freedom.
About the Author
Sean Rasmussen is a part time stock market investor and internet marketer. He is known online to Create Wealth and teach Success Communication. He shares this information on his websites and blogs.
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