Do You Want Money?



Learn Wealth Building on wealth-buildingonline.com. Do You Want Money? article will help answer your questions on Wealth Building.We at wealth-buildingonline.com specialize in Wealth Building. Wealth Building at wealth-buildingonline.com provides the most up to date news and articles. If you have questions please do not hesitate to contact us.

Let me ask you a very simple question. Do you want money? Of course you do!

Everybody wants money. You might think my next question is even sillier, but I'll ask it anyway. Do you really want money?

You see what I am asking you, by adding the word "really," is do you actually want the money itself or do you want the freedom it can buy you? Ahh. Now you see what I am getting at. What you really want is the freedom that the money represents. What you really want is freedom.

Lots of money = lots of freedom.

What would be the point of being a millionaire or even a billionaire if you were serving a prison sentence for the rest of your life? Your loss of freedom would render your prime use for that money next to useless.

So, how do we get money? There are many ways. We can work for it, receive commissions, receive royalties and we can accrue it from things like interest and investments. We can even steal it, much as I dislike even mentioning such an option.

In reality there are only two basic ways of accumulating money:

  • 1 - we can work for it ourselves by exchanging time and effort,
  • 2 - our existing money can be put to work to replicate itself.
  • For most people, it is not how much they earn, it is how much they are able to keep. That is the single most important difference between becoming wealthy and staying poor. Spending more than we earn is the recipe to certain financial disaster. Yet most people do just that.

    The answer to becoming wealthy is financial education and discipline.

    There are many ways to educate yourself better in the ways of handling money. However, by far, the easiest is to gather the knowledge through the wisdom contained in appropriate books. In my opinion, there is no better general resource than George Classon's timeless classic, "The Richest Man in Babylon". I highly recommend it.

    I know from experience that those who desperately need the knowledge this excellent book contains will never read it - even if it were placed in front of them every day for a month. That is why they are poor. They think poor and do nothing to change it. What is in their wallet or purse is a direct result of what is in their head, or, more correctly, what is not in their head.

    The poorest people are the people who spend the greatest amount of money on trash. They would never think to buy knowledge or invest in their greatest asset - their brain!

    There is another very powerful thing that you can do to prepare yourself to handle money wisely. If you want to have money, I suggest a good place to start is with your own discipline. This is another area where poor people fall well short.

    If you want to elevate your self esteem and improve your discipline both at the same time, try the following:

    Go to your bank. Withdraw the biggest single denominational note you can (say $100). Put the note in your wallet or purse then, and here comes the most important part, DO NOT SPEND IT!

    Nothing will give you greater self esteem and nothing will build financial discipline stronger than doing this.

    I have been walking around with three $100 notes in my wallet now for over a month. I refuse to spend them. I go into shops, I look at things I want, I think, "Gee, I'd really like that!" then I turn around and walk out. How much money do you think I have saved by not giving in to impulse buying?

    My $300 gives me a great lift. It gives me tremendous self esteem to know that I can afford to buy lots of things if I want. I am in control of that money. It is not controlling me. I am exercising my discipline not to spend it.

    I have other money in my wallet. It's just that the $300 is what I call my "quarantine money." The other money is my budget money.

    If you want money you need to learn how to control it. You need to improve your financial education and build your discipline. I have just revealed to you how you can do both. Now that you know, will you do anything about it? Hmm.

    [If you like this article and would like to use it on your own website or ezine you may do so ONLY if the article is not changed in any way and the final paragraph: "About the author", with all links intact, is included.]


    Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12


    More Articles:


    1. Start A Cashflow Club By Marguerite Bonneville
    The cashflow board games, Cashflow 101, Cashflow 202, and Cashflow For Kids, were designed by Robert Kiyosaki, best-selling author of the Rich Dad, Poor Dad book series.Robert is a fourth-generation Japanese-American who grew up in Hawaii in the 1950s. His father, the poor dad of the title, was head of the Education Department of Hawaii during Robert's childhood. His rich dad, the father of his best friend Mike, was a wealthy businessman who began teaching Robert and Mike about creating wealth…

    2. Self Improvement and Financial Security for the Future By Garry Zancanaro
    Any successful person, or any anyone interested in self improvement and making a better life for themselves must be prepared to take responsibility for every aspect of their lives and their future.To many people, financial planning may well be one of the most uninspiring of all subjects. However, it’s a fact of life that it’s one thing we MUST address to ensure a secure future for ourselves and our families.No one is guaranteed a job for life anymore. Major corporations are certainly not secur…
    Flights to Darwin
    Heather Locklear
    Brazilian Property
    Free Vacation for Car Donation
    Weight Loss Success Story
    3. A Secret Wealth Building System Used By All "High Net Worth Individuals" By Jack Reynolds
    Don't hate these guys! These spare time, wonder toy, golf playing, yacht riding, play boy, adventurers with seemingly enourmous resources for play and fun. They travel around in mink yellow porsches. They go home to their gorgeous, contented wives, down conifer lined winding drive ways with pristine cobble stone concrete into their triple garage which automatically opens intuitively just before they swipe the front of the porsche through the opening.They wear designer suits and wear their lemo…

    4. Four Pillars of Creating Wealth By Yochention Saritoh
    Some people in this world are thinking that their poor financial condition today is their destiny. They keep telling themselves that they’ll never get rich in this lifetime. Are you one of those people? If you are, it’s a good thing that you find this article, because I want to personally give you four pillars of creating wealth that are being done by many rich people in this world.These rich people just know how to get out of their financial problem and start to create wealth. They are just l…