I Want To Be Rich

Is it your goal to become rich and famous? Your assets will then generate you passive income and you can buy your liabilities from that income. In order to obtain your wealthy you need to align yourself with successful people. The rich find ways to use money to make life more interesting. Due to the powerful compounding nature of money, you become very wealthy if you use money somewhat intelligently.

Meaning that there is more money going out than their is coming in. Because they only know how to budget for a deficit they are constantly getting in more and more debt and their expenses are constantly going up. They are therefore tied to their job and they have to work harder and harder just to make ends meet.

Most people only know how to budget for a deficit. That is, investing in real estate, paper investment (stock, bond, Treasury bill, mutual fund or bank deposits), automated business, intellectual property or network marketing. Knowledge is information, whether it's about your special skills or something you took your time to learn.

1.) Wealth Building Mindset Change - It all starts with you, and your thought process may have to change a little. A lot of people fail to become rich because money gets taken out of their pocket as fast as it goes in. One of the biggest expenses in your life will be your taxes.

This is not the type of training you can get in school, rather life methods and business building methods needed to create wealthy. If they are purchasing an investment property they seek to learn something new about how to invest in property better. The rich can afford to make investments to increase their wealth.

If you are not even willing to be millionaire explore your current beliefs about subjects related to wealth creation or moneymaking and determine for yourself whether your beliefs are working for or against you, there is no way that you will ever be rich. Being wealthy is a lifestyle.