Is your personal investing strategy simple enough to where you can explain it to another person so that they understand it? If not, it might be time to reconsider your approach. Most people's success in increasing personal wealth is equally proportionate to their ability to understand their investing plan. Let's face it, most of us aren't financial experts and there's no point in becoming one in order to succeed with increasing your personal wealth. Instead, you need a simple plan for personal wealth building and a strong desire to make it happen. Let's look at one of the simplest and most effective options you can start with... The Foundation of Your Personal Investing Strategy The foundation of any successful strategy for personal investing is to manage your existing cashflow. Believe it or not, every time you spend your money, you're investing in something. You're either investing in building your financial security or building someone else's. This
In 2003, I was introduced to the world of personal development. While I have learned many valuable lessons since then, and I have grown (i.e. "developed" I guess you could say), looking back I also believe that some of what was being shared was not what it appeared to be. Much of my personal development journey centered on something referred to as a "money mindset." I was taught that if I wasn't as wealthy as I wanted to be, it was because I did not possess a wealth mindset. I was taught wealth affirmations. I went through experiential exercises that were supposed to transform my mindset. I was taught to live and spend "as if I were wealthy." The result of all of this mindset reprogramming was supposed to be financial freedom. I would begin attracting great wealth. It would not be difficult. It would not require hard work. In fact, I still have a board that I broke with my hand (think karate chop) in an exercise at one of those wealth wee
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