We will begin the Financial Fitness System with the premise that you are out of form financially or you would not have got decided to subscribe to the course. So, again, why aren't you wealthy? There are some exceptions, but for the bulk of the human race it's the same reason. You did not take to be wealthy, that's it, end of story. We told you this would be simple!
Now for those of you reaching for the mouse to cancel this lesson, halt a minute and believe about it, why aren't you a physician assuming that you are not a doctor, or for that matter why aren't you a sanitation worker, broker, baker, or candle holder shaper assuming those aren't your professions? It's because you chose to be something else. Sometimes this pick haps on a caprice or by default when we neglect to choose. Even if your chose not to make up one's mind what you will become, you still have got made a choice!
The simple truth is there are no secrets to becoming wealthy. There are however a set of specific stairway to becoming affluent that are sometimes so obvious they get overlooked. If you decided to read 10 lives of 10 of the wealthiest people you have got ever heard of, and outlined the stairway they took to go wealthy, you would soon discover the common denominators of their success. Wealth is available to everyone, regardless of education, background, age, race, or any other alibi you may have got heard in the past. Wealth plays no favorites, it only reacts to a specific set of actions.
What if it were that simple? Good news, it is!
So why aren't you and the bulk of the population wealthy? Remember wealthiness is available to everyone, and creating wealthiness is simple, however, creating wealthiness is not easy, or everyone would be getting wealthy.
Creating an absolute copiousness of income in your life is not some specially guarded secret expression that lone a choice few are clued in on. In fact the bookshelves are lined with true narratives written by affluent people who buzzword delay to state you how they did it! In this course, we have got drawn from the top heads and wise men among the wealthiest people in the world, to convey you a concise summary of the rudiments of becoming wealthy.
There are only 2 things that tin forestall you from becoming wealthy:
1 - You don't cognize how - (Yet!)
2 - You are unwilling to apply what you know.
In the adjacent 9 years we will take care of the "I don't cognize how" but only you can take care of ground #2.
Success go forths clues. Over the adjacent few days, the Financial Fitness System will simply point out the common denominators of creating wealth, then demo you how you can immediately apply that knowledge. Before we are through, you will have got the ability to move on this new knowledge and be well on your manner to creating financial copiousness in your life.
Here are the cardinal points to retrieve from today's lesson:
Wealth is a choice, not a chance.
There are no secrets to wealth.
Wealth follows rules.
The regulations are simple, but not easy.
You can learn the rules.
You can follow the rules, or take not to.
Recognize that it's your choice.
Your Adjacent Step!
What You Need to Make NOW
A dreaming without action is a fantasy... a dreaming with action goes a goal!
Today's lesson have got been brief, you now cognize you have the powerfulness to take to go financially fit. Before we plunge in to wealthiness strategies in the adjacent lesson, it's important to determine if you desire to make wealthiness and why.
Again we will presume you have got the desire to break yourself financially or you wouldn't be here. We will supply the knowledge but only you can supply the action. So with that in mind, in each day's lesson you will have got very short Action Steps to complete, and a day-to-day sound lesson to listen to as homework assignments. Today you will finish your first Action Step. Don't panic it's simple, but like edifice wealth, some of the replies may not be easy. You see how this works?
Today we get at the beginning, your present Financial Condition. Just wish stepping on the scale of measurement or staring into the mirror, it may be slightly unpleasant, or not what we would like, but it is, what it is!
The sooner you have got an accurate image of where you are financially the sooner you will be on your manner to becoming financially fit.
Take out a sheet of paper and pass some clip answering the inquiries in the Action Steps Area below. Put some existent idea into your answers. This exercising will assist get to make the determination you will need to complete the course. If you are one of few who are financially fit, you should happen your replies satisfying. However, if you are like the other 97% of the population, you may happen your replies somewhat disturbing. That's okay... a small uncomfortableness often combustibles bigger change.
Tomorrow we learn the "Commodity of Kings" the basics of wealth. Just like every good manager we are starting with the fundamentals, that's where we will get your wealthiness training. For today just complete the action stairway and remainder easy. Nine years from now, your full financial mentality will be much healthier!
Action Measure 1:
After you complete Lesson #1 sharpen your pencil and compose down the replies to the following Financial Fitness questions. Start a FFS diary for your day-to-day action stairway and notes. Designate a separate notebook for all your FFS content. You may desire to publish each lesson and include them in your FFS diary for future reference. On twenty-four hours 10 you can look back and see just how much you have got got got got got accomplished in just 10 days.
"The most of import inquiries are
those we are afraid to inquire ourselves."
Q: What is the sum amount of assets that you have accumulated so far in your life?
Include cash, savings, checking, money market accounts, the current value of any stock or common finances you may have and the dollar amount of the equity in your home.
Q: What is the sum amount of liabilities that you have accumulated so far in your life?
Include your mortgage balance, your credit card balances, student loans, personal loans from household or friends, automobile loans, overdraft protection, loans against insurance policies or any other money that you have borrowed but have not yet paid back.
Q: Subtract your sum liabilities from your sum assets, and compose down your "Net Worth." (this number can be, and sadly all too often is, a negative number)
Q: Assume you lost your occupation or primary beginning of income today, and you were not able to happen work of any kind, and had no friends or relations to depend on for aid or support of any kind. How long would it be before you go homeless?
Q: Assume that you earn income, salvage money, pass money, and borrow at the same rate you make today. At that rate how soon can you retire and keep the same lifestyle you have got today?
Q: Are you where you thought you would be at this point in your life financially?
Q: Why or why not?
Q: Where would you like to be financially?
Q: What are your currently doing to get there?
Q: Without change, how make you anticipate to accomplish your financial goals? (the lottery or inheritance, are not valid answers)
Q: If money were no object, where would you live, and why?
Q: If money were no object, how would you pass your clip each day?
Q: If things remain just the manner they are today, financially, is that good enough?