By Sean Rasmussen
Dec 6, 2007
The right mindset and attitude is essential to money making success. Without it, wealth creation will remain an elusive ideal, an unattainable dream. Developing a great wealth creation mindset starts with acknowledging your dreams for financial wealth; and that starts with identifying exactly where it is you want your efforts at creating wealth to take you.
Why Do You Need To Set Goals For Financial Wealth?
The most direct path to anything in life is one with a clear end-goal. This is especially true on the path to wealth creation. After all, if you haven't identified what success is, how will you know when you get there?
Goal-setting is critical to wealth creation. A clear …show more content…
This is your life, your work; you should aim for the things that will really make you happy!
-Set a schedule for wealth creation by determining when you want the money you desire, when you the need the money to pay for life expenses and meet investment goals, and when you want to achieve ultimate financial freedom.
Do You Really Know What Your Financial Picture Looks like?
Jamie McIntyre, wealth creation expert, self-made millionaire, and author of What I Didn't Learn At School But Wish I Had, guides his readers through an interesting exercise in his book. Realizing that few people have an accurate picture of their financial status, he asks his readers to submit to a simple test before they even start setting their financial goals for wealth creation.
His readers are asked to make a guess, just off the top of their heads, at
-How much money it would take to be financially free
-How long it will take to make that amount of money
Jamie asks this because he has found that very few people can name a figure and time frame with much accuracy. Simply realizing this often serves as a call to action to 1) gain a better understanding of the overall financial picture, and 2) commit to the effort of creating wealth for financial