Showing posts with label Financial Independence. Show all posts
Showing posts with label Financial Independence. Show all posts

Sunday, 13 May 2018

Tony Robbins 7 Simple Steps to Financial Freedom - Lewis Howes


In this video, Lewis Howes interviews the incredible Tony Robbins about 7 Simple Steps to Financial Freedom

Sunday, 11 March 2018

You Being Rich Isn’t a Fantasy

How to become a millionaire or multi-millionaire or even hecta-millionaire (100 million units) isn’t taught in schools or colleges. In fact, most ofsociety frowns on anyone who talks about getting rich; some even protest against those who have created financial independence. It’s a funny thing that schools teach you how to read and write, how to domath, how to know history and geography, and how to pass a test—but they never broach the subject of how to get rich. Getting super rich seems to be a topic reserved for fantasies, movies, and drunken what-if games. Most have come to believe that becoming a millionaire is for the lucky sperm club, business owners, gold diggers, lottery winners, athletes, rappers, and inventors. But it’s not true. Millionaires and the super rich come from all walks of life. In fact, just to debunk one of the myths, I’ll tell you that four out of five millionaires today work for someone else. 




The reason most people never get rich is that they never even consider it a possibility. They are convinced by those close to them to simply be satisfied with whatever their financial situation is. The other reason is that people fundamentally do not understand money. Very few people know how to get money, even fewer know how to keep it, and almost no one knows how to multiply it. Just look around and you will see signs of this everywhere. Even in one of the richest countries in the world, America, 76 percent of people live paycheck to paycheck, some 50 percent of Americans have no money for retirement, and 47 percent of Americans don’t have $400 for an emergency. If these statistics were true in a poor country, it would be one thing, but America is considered a wealthy country. 




Turn on the television or go online and you will see endless, ridiculous financial advice. Financial pundits suggest saving tricks where your path to wealth is finding the lowest price for a product or putting more air in your tires to save gas. This piece of advice always cracks me up: “If you don’t drink coffee out, you’ll save another $700 a year.” You can save $700 a year for the next fifty years and you won’t be rich, you’ll just be old. Another pundit preaches all debt is bad, and that by avoiding debt you will somehow be financially free. “Never borrow money under any circumstance,” the previously bankrupt advisor promotes. He overlooks the reality that almost all the super rich have used debt to multiply their wealth. Flip the channel and you’ll see fancy graphics making a case that you should turn your money over to the boys on Wall Street who, smarter than you, will invest in stocks, bonds, and financial instruments they can’t even explain. Ask your parents for money advice and they will recite their path: get a good job, buy a house, contribute to your 401k, be grateful you have more than most, and pray everything goes right. 




I have never wanted to just have “enough,” in fact, truth be known, I have always wanted to be rich. While I do believe in prayer, I don’t expect God to take care of my finances and I certainly don’t want to leave it up to everything “going right.” At a very young age, I noticed how the people who made the decisions and had the power of choice all seemed to be the people with money. I wanted to be one of them. I didn’t want money for the sake of money, but to be able to have the power of choice. At the age of eight, one of my first experiences with money was walking to the local grocery store. I had a quarter in my pocket to spend at the store. I was excited, giddy, and I felt powerful. I was walking to the store with my brother fondling my quarter when I dropped it in the street and it rolled into a manhole. I got onto my hands and knees, only to discover my arms were too short to retrieve the quarter. I got up wet, dirty, angry, and wanting to cry. I remember going home and telling my father how I had lost my quarter. My father said to me, “You shouldn’t play with money.” My grandfather later grabbed me and said, “Son, the problem isn’t simply that you lost the quarter; the problem is that it was your only quarter.” Since that loss I have been fascinated with the idea of amassing enough money so no single event or loss would ever cause me to be without. 




If you can relate to what I’m talking about, get on my new Playbook to Millions. It’s a program I put together from my 30+ years of experience going from broke to becoming a millionaire over 100 times over. Later this year I’ll be selling this thing for $5,000 but for those who commit to it early—right now—it’s marked down to just $495. You can and should be a millionaire, and you shouldn’t have to wait until you’re old to become one. Get your Playbook today.

Source: https://grantcardone.com/blogs/grantcardone/you-being-rich-isn-t-a-fantasy

Saturday, 16 December 2017

Differences Between The Rich And The Poor

Have you ever wondered what the difference is between the rich and the poor? Why are some people wallowing in the abyss of poverty while some are swimming in the ocean of stupendous wealth?




Sometimes it may come across to you to say that some people are rich because they were born with a silver spoon in their mouth. Well, that is not conclusive because there are many people out there that were not born under any silver linen whatsoever, yet they are millionaires today. What happened? What made the difference? Now here is what i have realized.

The difference between the rich and the poor is the mindset. The rich and the poor think in different frequency. The poor do not have that kind of mindset that the rich individuals have. They approach the same issue from a different perspective and stance.

The rich seek out opportunities. The rich are always seeking for opportunity that will grow their wealth while the poor man wallows in self-pity and he is consumed with seeking for sympathy. He engages in the blame syndrome; blaming his relatives, friends, the government, even the rats in his house are not left out, as been responsible for his predicament. Instead of thinking how he could break out of the cocoon of his abject poverty he feeds it by consistently looking for a scapegoat. With such mindset you can't recognize opportunity for wealth when you see one.



The rich acts but the poor just passes along. When the rich sees an opportunity that will accelerate his wealth, he grabs it. Not the man with a poor mindset. He had a thousand and one reasons why what he sees is not an opportunity for getting rich and so his circle of poverty continues, as he will let go of that opportunity. Sorry to say this; it is like casting a gold before a swine, it will not value it.

The rich are ready to take risk and make sacrifices, either it is of time, effort, money etc. The poor mindset considers some risk as being outrageous. They lack the motivation to dare into the world of the unknown. They are satisfied with the world they have come to know. So they keep maintaining the same status throughout their lifetime.

Have you ever wondered why businesses are called ventures? A business man takes risks. I am sure you know about venture capital: that is the money invested in a new company to help it develop, which may involve a lot of risk. But you will find those who have rich mindset take the risk all the same.



A man who does not take risks will end up paying for another man's risk. When you take the risk, others will pay you for it. That is what the rich man knows that Mr Poor mindset does not know.

You need to understand that being wealthy does not mean you lack nothing and being poor does not have to do with the fact that you lack the basic amenities of life. It has everything to do with the mentality you have.

If you are born poor that does not mean you cannot rise to become a millionaire. To achieve financial success you have to change your pattern of thinking. If a poor man thinks the way the rich does and do what they do, he will have the same result and even more.






Fred E. Egba
http://wealthruler.blogspot.com

Article Source: https://EzineArticles.com/expert/Fred_Eche-Ofun_Egba/495102

Article Source: http://EzineArticles.com/8030148

Friday, 15 December 2017

Jim Rohn - Financial Independence - (Jim Rohn Personal Development) - Audio





In this a live seminar, Jim Rohn provides an overview of Economics 101, shares stories about super-motivator Robert Schuler, leads you in identifying your philosophy about money, helps you uncover the mystery of the philosophy of being rich and poor, leads you in understanding what to do with a dollar, and explains why keeping strict financial accounts is important. The man many consider to be America's foremost business philosopher has been sharing his success principles and strategies for more than 39 years, with more than 6,000 audiences and over four million people worldwide! He is the author of over 25 books, audio, and video programs. Jim has been hailed over the years as one of the most influential thinkers of our time.
Jim Rohn : Emanuel James Jim Rohn (September 17, 1930 – December 5, 2009) was an American entrepreneur, author and motivational speaker. Jim Rohn's rags to riches story played a large part in Jim Rohn's work, which influenced others in the personal development industry.
Emanuel James Jim Rohn was born in Yakima, Washington, to Emanuel and Clara Rohn. Jim Rohn's owned and worked a farm in Caldwell, Idaho, where Jim Rohn grew up as an only child.
Jim Rohn started Jim Rohn's professional life by working as a stock clerk for department store Sears. Around this time, a friend invited Jim Rohn's to a lecture given by entrepreneur John Earl Shoaff. In 1955, Jim Rohn joined Shoaff's direct selling business AbundaVita as a distributor.
In 1957, Jim Rohn resigned Jim Rohn's distributorship with AbundaVita and joined Nutri-Bio, another direct selling company. It was at this point that the company's founders, including Shoaff, started to mentor Jim Rohn. After this mentorship, Jim Rohn built one of the largest organizations in the company. In 1960 when Nutri-Bio expanded into Canada, Shoaff and the other founders selected Jim Rohn as a vice president for the organization.

Saving for the Future While Paying Off Debt

How can you save for the future when you're still paying off the past?