Secrets of the Millionaire Mind
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Secrets of the Millionaire Mind (@authenticielts)
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- WEALTH PRINCIPLE: “Where attention goes, energy flows and results show.”
millionaire refer to income or net worth? Net worth. Therefore,
if your intention is to be a millionaire or more, you must focus on building your net worth, which, as we’ve discussed, is based on much more than just your income. Make it a policy to know your net worth to the penny. Here’s an exercise that can change your financial life forever. Take a blank sheet of paper and title it “Net Worth.” The Wealth Files - 143 Then create a simple chart that begins with zero and ends with whatever your net worth objective is. Note your current net worth as it is today. Then every ninety days, enter your new net worth. That’s it. If you do this, you will find yourself getting richer and richer. Why? Because you will be “tracking” your net worth. Remember: what you focus on expands. As I often say in our training, “Where attention goes, energy flows and results show.” WEALTH PRINCIPLE: “Where attention goes, energy flows and results show.” By tracking your worth, you are focusing on it, and because what you focus on expands, your net worth will expand. By the way, this law goes for every other part of your life: what you track increases. To that end, I encourage you to find and work with a good financial planner. These professionals can help you track and build your net worth. They will assist you in organizing your finances and introduce you to a variety of vehicles for saving and growing your money. The best way to find a good planner is to seek a referral from a friend or associate who is happy with the person he or she uses. I’m not saying to take everything your planner says as gospel. But I am suggesting that you find a qualified professional with the skills to help you plan and track your finances. A good planner can provide you with the tools, software, knowledge, and recommendations to help you build the kind of investing habits that will produce wealth. 144 - Secrets of the Millionaire Mind Generally, I recommend finding a planner who works with an array of financial products rather than just insurance or just mutual funds. In that way, you can find out about a variety of options, then decide what’s right for you. Download 1.41 Mb. Do'stlaringiz bilan baham: |
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