The nine strategies for wealth
Your nine strategies for wealth showing you how to work more, save more, spend less and waste less. Today think about how well or bad you are doing financially.
Strategies for wealth are achieved by owning revenue streams that is under your control. There are a few a Strategies for Wealth for example you can increase the income you already have, add a second source of income, and by being ruthless in deciding how to spend your hard earned money.
Work more, save more, spend less and waste less. You will be out of debt and on your way to building real wealth in no time.
Money is always an inadequate motivator
You need to realize that you will probably spin in circles trying to get rich and wondering why you are never getting there.
The thing with using money as a motivator is that it works in the short term but when things get hard it is pretty easy to say forget about the money I am OK with what I have got.
To be truly motivated to push through the inevitable challenges you need to be clear on the reasons you are doing this.
Do you want to be right or do you want to be rich
Do not spend your time arguing with others about what you want and what you have done. Just follow your process and you will get amazing results.
Success and failure are not nouns.
Let go of it. You are never going to be a success nor will you ever be a failure. You will succeed at some of the things you try just as you will likely fail at some of the things you try.
The only place you can start is where you are right now.
Everyone wants to start at the front of the line but that is not how the world works. Take the grocery store as an analogy.
Do you ever struggle to pick a line at the grocery store wanting to find the fastest one?
Do you ever find yourself in the slowest line wishing you had picked a different line?
Do you ever switch lines?
Most of the time when you switch lines you do not get through the line any faster than if you had just stayed in line. Once in a while you do but you are always second guessing yourself for making the choice! The only real guarantee is that if you never get in line you never get to the front. Your life is like that too, so stop deciding which line to get in and just do it
Master energy management not time management.
I know so many people who say time is their biggest obstacle to achieving their goals. Yet those same people can tell you all the latest on celebrities, TV shows and movies because they have collapsed in front of the TV for four hours on end of each night. I have realized that time is not their issue nor is it mine. It is energy.
I now structure my eating, exercising and work schedule as much as possible around using energy and then renewing energy. There is too much to cover in this short section but simple things like getting more sleep, drinking more water, taking short walks, and cutting out sugar can add several hours of focused energy to your day. And what you can do in two goal focused hours is pretty astounding. I would argue that you can do more in two hours like that with high energy than most people do in an 8 or 10 hour work day.
The pursuit of perfection will paralyze you.
When you seek perfection you will freeze up and not be able to move forward. Focus instead on what is good enough and what you can do today to move forward. A good saying to remember is “sloppy success is better than perfect mediocrity”. Keep moving forward it is not about perfection it is about progress.
Every day is a good day unless you choose for it not to be.
This lesson comes from a friend I once known. She always tells me that if it is not a good day it is my own fault. I used to find that a little annoying because if a teacher gave me a bad grade I figured it was not my fault things went badly. I have come to realize that everything in my life comes down to choices. Often a decision I made caused something to happen to me so I had control over it in the first place. Or, even if it was not my decision, I have a choice as to whether I let it ruin my day or not. I am not a bottle of happiness every moment of every day but when I am grouchy I do know that I am choosing to be that way and being happy is as simple as choosing to be happy Everyone can use Strategies for Wealth you just have to have a good mind set.
Create different problems for yourself.
One of my biggest pet peeves is people who always complain about the same problem. I have a hard time understanding why they have not done something about it. They probably like having that problem secretly they must! I have lots of problems too! I prefer to consider them challenges but still. I have things that are not going well too. And every time I solve one problem I seem to create a new one but that is OK for me as long as I am not dwelling on the same problem day in and day out.
Create more happy moments.
Make a list of the happiest moments in your life. You will realize that none of them (or very few of them) involved money. Usually they involved achieving something challenging for you, a great moment with friends or family, or an incredible experience of some kind. Wealth is important but it is not everything. Do not get too hung up on it. Give yourself some room to just enjoy life. Figure out what moments made you really happy and strive to recreate those moments more often. When you stop focusing on money and focus more on happiness, somehow more money just seems to flow your way anyway.
So, are you having a hard time controlling your money? Are your savings getting less and less?
Today is the ideal time to think about how well or bad you are doing financially and if it is more of the latter, you will have to adjust your habits for the better. These Strategies for Wealth will help you on the road to success.