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How To Create Your Own Wealth?

Feb 7, 2008
Before we talk about wealth creation, I have a couple of questions for you. Why is it that nearly everyone looks to others when thinking about increasing their wealth? I mean, if you want to increase your wealth, it's totally up to you. The problem comes up when we ask ourselves how. How can you increase your wealth?

The word "how" involves the learning process and this is why we begin to find the answers from someone else. We look to others so they can tell us how. This is fine, of course, but it can lead us to rely on someone else to do it for us.

If we would like to repair our car, we might look for someone else to repair it because we don't know how to repair a car. If we did know how and we had the proper tools to do it, imagine how much we could save ourselves a lot of time and money. Tell me, how many people in your neighborhood call for help on local mechanics to keep their cars running? A lot I'm sure.

Okay, your may not know how to build your own wealth; therefore you rely on the others, such as your investment advisers to let you know where to grow your money. However, if you want to do it yourself, there is plenty of education available all over the place to make you smarter and wiser. Once you've learnt everything, you can dramatically increase your wealth without the help of any investment advisers.

With the right knowledge, creating your own wealth is fairly simple!

Hence, the first step you must take is to decide whether you want to do this all by yourself or let the others do it for you. After that, the next step is to find and use the right tools. The tools are out there, you just have to learn how to use them.

For example; a mechanic can show you how to remove a tire by using a tire lever, or a book can show you how to invest in shares, etc. All you have to do is apply all the tools. This is when your new venture of wealth creation begins. This is when the big money starts rolling in.

Since you are now in charge for your own wealth creation, the only competition you have is yourself. As a person running your own business, you must come to a decision on what you are going to give back to yourself. How much are you worth? If you can't decide, then try to think about how much money would you pay the mechanic to repair your car or the investment adviser to create your wealth for you? Choose the answer carefully as this is what you will get later on.

Do not mix up your income from this venture with the assets that you will create. Remember, you must have a regular income to run this new venture. It is essential to divide the two incomes just as a mechanic would need a regular income to run his business and then paying his attention on developing his business and its assets. You should have the same way of thinking.

But, what if you have a setback?

Well, one thing for sure; you can't put the blame on your wealth mentors or the tools that you utilized because the wealth creation process is now entirely on your shoulders. But don't let the setback slows you down. Everybody will endure the same setback sooner or later. You must deal with this setback and move forward.

The path is not going to be easy, but I can assure you that it is highly rewarding.
About the Author
There are a countless number of ordinary people like yourself who have gained back their life and freedom as we speak. Find out how you can gain your own freedom with a 21st Century Education at http://wealthywayseducation.com/
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