Tuesday, July 27, 2010

Are You Ready For Wealth?


This blog is all about creating a seven-figure net worth in seven years or less. That may sound outrageous...even impossible. But it can be done.

Making a decision to achieve a goal won't do you any good if you already decided to achieve a dozen other goals. The best way to guarantee that you will accomplish an objective is to make it your number one priority.

Compound interest is an amazing thing, but waiting for your compounded savings to reach seven figures can take decades...even if you're getting excellent returns. That is why I'm not recommending a pinch-and-save-and-wait program. Why? Because inflation, taxes, and time make it hard to build a fortune. Yes, those programs work well for college graduates and other young people who are just starting out, but they make no sense for baby boomers or anyone who doesn't want to scrape and save for 40 years.

Take your first step toward financial Independence...right now.

The first step on my own road to wealth began with a promise - the promise I made to myself on that fateful day when I decided to get rich. And that's something you can do right now. Make yourself a promise that getting wealthy is going to be your top priority.

By top priority, I mean top priority.

One of the fundamental principles I believe in is the importance of having a full, balanced life - one that includes not only work but also friends, family, and community involvement. That means you should think in terms of four categories when setting goals:
  • Your health
  • Your wealth
  • Your social life
  • Your personal life
Seven years from now, for example, you might want to have:
  • Attained and maintained your high school body weight
  • Achieved a seven-figure net worth
  • Become your town's mayor
  • Written and published your first novel
These are all reachable goals, but they are also ambitious. If you give them equal weight, chances are you will not be entirely successful. You might become mayor, and maybe even get down to that perfect body weight...buy you'll more than likely be struggling with the novel and disappointed by your wealth-building accomplishments.

There's only one way to be absolutely sure that you'll achieve your financial goal (having a seven-figure net worth in seven years): you have to make it your top priority. That is, you have to elevate it to the status of first among equals. Yes, your other three main goals are extremely important to you, but wealth building always has to come first - every year, every month, every week, and every day.

If you aren't willing to make seven years to seven figures your top priority, you can still greatly benefit from this blog...but your chances of hitting your financial target will be diminished.

Let's assume that you are willing to make wealth building your top priority and that you recognize this means devoting the first hour or two every day to the specific suggestions outlined in this blog. Next, we will determine just how much wealth is right for you. $



[Ed. Note: If you're not happy with your financial situation, you're in the perfect position to change it for the better – right now. Ray has just released a special video that covers an online business system that you can use to start growing your wealth. To watch this short video, click the following link: http://www.raybuckner.com]

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