Do you struggle financially? Do you even know why? You have all these mounting bills, more debt than you can handle, and no savings left over at the end of the day. And it of course seems as though you’re doing all the right things, but for one reason or another you just can’t seem to dig yourself out of this financial hole. But why is it that some people are doing incredibly well financially? What are they doing differently? What makes them so successful? There of course isn’t one simple formula on how to attract money into your life, but there are six guiding principles that can help you get started.
1) SET CLEAR FINANCIAL GOALS
Attracting more money into your life always begins with knowing exactly what it is you want. Specifically, you need to outline what it is you want to achieve financially. However, it’s not enough just knowing what you want, you also need to outline how you will achieve these financial goals. What exactly needs to happen for you to hit your financial targets? What actions do you need to take, and what potential sacrifices may you need to make? Goals will provide you with the clarity you need to make more effective and sound financial decisions — they build the bedrock for securing your financial future.
2) ASK THE TOUGH QUESTIONS
Instead of taking responsibility for their own financial predicament, many people choose to spend their time complaining about not having enough money. Life just isn’t fair… and of course they aren’t to blame. This attitude predictably gets them nowhere. Instead of complaining, choose to ask some tough questions that can help you move forward in a better way. For instance, brainstorm how you could potentially earn more money this week, or how you could start generating a passive income. The key is of course to consistently look for ways to either grow your net worth, or to increase your earning potential.
3) BE FINANCIALLY SAVVY
The people who just seem to effortlessly attract money into their life do so on the back of their financial savviness. They have the knowledge, understanding and the experience that helps them make sound financial decisions. As a result they tend to live frugally, they stick to a budget plan, they save their money, and invest what’s left over wisely. In other words, they do the things that most people are simply not willing to do. But of course they didn’t just suddenly develop these habits. They progressively spent time educating themselves about money, and then gradually put that knowledge to practice in the real world.
4) AVOID INSTANT GRATIFICATION
Attracting wealth is of course not always about the things we choose to do. It’s also about all the things we choose not to do. Where most people go wrong is that they get caught up in the instant gratification trap. What this effectively means is that they make their decisions based on what feels good in the moment, rather than on what’s best for them in the long-run. In other words, they fall prey to momentary and impermanent temptations that keep them from experiencing more significant long-term rewards. The wealthy on the other hand, make decisions based on what’s best for them in the long-run.
5) SHOW GRATITUDE
The people who attract money into their life do so from a place of gratitude and appreciation. On the one hand they have their financial goals and aspirations. However, on the other hand they have this thankful attitude that helps them appreciate all that they have, without needing anything more. This of course doesn’t stop them from wanting more. They subsequently reach a middle ground where they come to appreciate all they have, and yet still strive to make the most of the opportunities that can help them move toward their financial goals. This is of course what’s known as an abundance mentality.
6) TAKE CALCULATED RISKS
In order to attract money into your life you need to learn everything you can about money. You need to understand how to create it, how to manage it, and how to use it to grow long-term wealth. One big part of this growth equation comes down to making sound financial decisions. Every financial decision you make involves some level of risk. Now of course, the more you know about money and the more you understand how to use it in optimal ways, the easier it is to make decisions that help you take calculated risks. In the end, the financial risks you’re willing to take, will often determine your financial fate.
In order to attract more money into our life we need to be incredibly switched on. This of course involves having clearly defined goals, being willing to ask some tough questions, and committing ourselves to living a financially savvy life. Adopting an attitude of gratitude, avoiding falling prey to the instant gratification trap, and showing a willingness to take some calculated financial risks, are also part of the equation.
It sure seems like a lot of work and effort. And the truth is, it is actually a lot of work and effort. But becoming wealthy is not easy. It ain’t easy, but at the same time it just might very well be within your reach, as long as you’re willing and able to put in the hard yards that will attract more money into your life.
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Learn More About this Topic
Want to know more about this topic? Here are some helpful links to articles that you may find of value:
- 5 Powerful Ways to Change Your Wealth Programming @ Forbes
- 6 Little Money Mindset Shifts that Pay Off Huge @ Marie Forleo
- 10 Ways Rich People Think Differently @ Business Insider
- Everything You Need to Know About How to Build Wealth @ IQ Matrix
- The Top 8 Skills Wealthy People Have Mastered @ Inc.