Lack of money is a symptom of inner turmoil

Here are a couple of powerful wealth principles given by T. Harv Eker in his book, Secrets of the Millionaire Mind:

Wealth Principle: If you want to change the fruits, you will first have to change the roots.  If you want to change the visible, you must first change the invisible.

Wealth Principle: Money is a result, wealth is a result, health is a result, illness is a result, your weight is a result.  We live in a world of cause and effect.

There are four dimensions in which we live our lives: mental, spiritual, emotional, and physical.  The first three listed are invisible aspects of our lives.  They are difficult to measure and not easily seen nor understood.  The last dimension, the physical, is the result of our mental, spiritual, and emotional labors.  If we are not happy with our physical results (i.e. our wealth, our health, or our weight) we must first look to our invisible dimensions of being to see what needs to change there.  We must first change the inner before we can achieve a different outer physical result.

If our mind, spirit, and heart do not feel worthy of making a million dollars then we will certainly never physically manifest a million dollars because our inner thoughts shun the idea.  This also goes for weight or health.  If we feel inside that we are always going to be overweight or sick, then guess what?  Our mind and our body will work hard to make what we believe on the inside to be true on the outside (i.e. your physical results).

Take the first steps to training your inner mind so that you may begin to change your physical results by attending T. Harv Eker's Millionaire Mind Intensive.  Click on the link below for free tickets to his next event near you:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

Why 80% of people are unsuccessful and unhappy

T. Harv Eker references research that shows that 80% of people will never be financially free in the manner they wish to be and 80% of people are not happy.  Why is that?  Most people do not take charge of their life.  They live life on autopilot.  They wake up, they go to work, they come home, watch TV and hang out with their family for a bit if they have one, and then go to bed to get up the next day and start all over.  What are they doing that will create a change of any kind in their life?  The only way to create massive change in your life is to get out of the comfort zone you find yourself in.  Break the cycle and start doing something massively productive.  Seek to provide something of incredible value not only in your own life but in the lives of those around you.  The more people you can serve in a positive manner the greater your chance is of doing something amazing with your life.

I will quote again Stuart Wilde because I believe his quote has meaning here:

"The key to success is to raise your own energy; when you do people will naturally be attracted to you.  And when they show up, bill 'em!"

Do something amazing and then show others how they can do the same.  That is the easiest and quickest way to success.  Do something unique and travel down roads that few dare to go.  Let the following words of Robert Frost remind you that it is when you don't follow the crowd and you don't stay in the status quo that you make the most difference:


TWO roads diverged in a yellow wood,  
And sorry I could not travel both  
And be one traveler, long I stood  
And looked down one as far as I could  
To where it bent in the undergrowth;          5
  
Then took the other, as just as fair,  
And having perhaps the better claim  
Because it was grassy and wanted wear;  
Though as for that, the passing there  
Had worn them really about the same,   10
  
And both that morning equally lay  
In leaves no step had trodden black.  
Oh, I marked the first for another day!  
Yet knowing how way leads on to way  
I doubted if I should ever come back.   15
  
I shall be telling this with a sigh  
Somewhere ages and ages hence:  
Two roads diverged in a wood, and I,  
I took the one less traveled by,  
And that has made all the difference.   20

Begin your journey on the road less traveled and sign up for a free ticket to T. Have Eker's Millionaire Mind Intensive by clicking on the link below:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

Your income can only grow to the extent that you do - T. Harv Eker

As I was reading the book, Secrets of the Millionaire Mind, by T. Harv Eker I came across a quote he gave by one of his favorite authors, Stuart Wilde.  The quote reads as follows:

"The key to success is to raise your own energy; when you do, people will naturally be attracted to you.  And when they show up, bill 'em!"

Needless to say Stuart Wilde is now one of my favorite authors.

Here are a couple of the declarations that T. Harv Eker teaches at his Millionaire Mind Intensive:

"I get rich doing what I love."

"I deserve to be rich because I add value to other people's lives."

"I am a generous giver and an excellent receiver."

All of these declarations reinforce the quote by Stuart Wilde, as we increase our energy and our ability to benefit others we should not be afraid to ask just compensation and we should be open to receiving the rewards of our labors.

To attend the Millionaire Mind Intensive for free (a $795 value) click on the link below:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

What is your money blueprint?

T. Harv Eker starts his book, Secrets of the Millionaire Mind, off with a story of how he didn't start to have success in his business ventures until he learned to think like a millionaire and unlearn his then current mind set.  He had tried business after business after business and failed at every one of them.  He had listened to all the tapes and CDs, read all the books, gone to the seminars, and still wasn't experiencing any success.  Then he relates how one of his dad's rich friends gave him the advice that if he wanted to be successful in business as rich people are he needed to learn first how to think like a rich person and stop thinking like a middle class or poor person.

T. Harv Eker took this advice to heart and devoted his efforts to learning how rich people think and how to unlearn some of his core beliefs that were holding him back.  He then went on to start several successful businesses and has been successful ever since.  Now he has created the Millionaire Mind Intensive to help others  that are struggling against their inner beliefs about money and success.  This three-day seminar is structured to change the way people think about money and to move them towards success by getting rid of their limiting beliefs.  The seminar will truly change your money blueprint and open you up to a new life and a new way of thinking.

Since I have attended the Millionaire Mind Intensive just last month I already have two businesses that are quickly proving to be very successful and I am no longer the road block to my success.  I started an eBay business where I buy electronics wholesale and sell them on eBay at the retail price.  My first shipment of external hard drives comes in next week and I will be able to turn my $1600 investment into nearly $5000 within a month!  I am also doing an eBay coaching business and with the help of my success coach, Ungenita Prevost (check out her website at www.thebilliondollarbeauty.com), I now have my first client that will start the coaching program in January!  My introductory package is $3000 for 10 one hour weekly coaching sessions and I will walk my clients through how to set up their eBay business, make it profitable, and automate it.  I am sure I am just one of hundreds if not thousands whose life has been changed dramatically by the Millionaire Mind Intensive.

If you would like a free ticket to attend this mind-altering seminar click on the link below (normally these tickets are sold for $795):

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

Financial foundation building blocks

Here are the 10 financial building blocks that you must have in place (according to Mark Rothstein AKA Mr. Money):

1.  Money Management  - create a budget, understand where your money is coming from and where it is going, create an investment plan, and automate it.
2.  Estate Planning - Get a living trust and a will so that if anything ever happens to you your family will be taken care of.
3.  Credit and Debt - get rid of your credit card debt as quickly as possible, credit utilization should be below 30% of your credit available, work to get your credit score higher than 710 and keep it there.
4.  Income Taxes - get a good CPA to help you do your taxes, a lot of money is lost simply because people don't take advantage of various tax right offs and implement tax saving strategies that a good CPA can help you find.
5.  Insurance - make sure you have sufficient insurance so that a medical or dental issue doesn't cause you financial hardship.
6.  Understand the Economy - understand the current fiscal and monetary policies being implemented.
7.  Investment - Educate yourself on various investment strategies and get expert advice to know how to invest your money in the right markets.
8.  Real Estate - know where and when to invest and when to wait.
9.  Retirement - create a retirement plan now and automate it.
10.  Money and Relationships - you and your spouse need to be on the same page financially.

Mr. Money and T. Harv Eker have now teamed up and have an awesome wealth foundation seminar.  To learn more about it attend the next Millionaire Mind Intensive.  Get a free ticket, normally $795, by clicking on this link:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

Passive income streams - your ticket to freedom!

Your goal in business should be to create enough passive income that you can pay for your desired lifestyle.  This will allow you not only financial freedom but time freedom as well.  Who wants to start a business only to become a slave to that business and never have any time to relax and enjoy yourself?  There are several types of businesses that provide passive income.  These may include any of the following:

1.  Car wash
2.  Internet business
3.  Parking lots
4.  Earning royalties from a product you invented or business you created
5.  Memberships
6.  ATM machines
7.  DVD dispensers
8.  Cell phone apps
9.  Joint ventures

Passive income may also come from investments like stocks, bonds, and real estate.  Remember your goal with passive income is to be able to live off of it so you may want to use more than one source to build up the income you will need.  If your passive income is coming from stocks or some other similar investment be sure to only take the interest from that investment as your passive income.  If you wipe out the entire investment then your passive income stream is gone and you have essentially killed the goose that was laying the golden eggs.

To learn more about setting up passive income streams attend T. Harv Eker's next Millionaire Mind Intensive.  You can get a free ticket from the link below (these are usually $795):

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

I rule money, money doesn't rule me!

I rule money, money doesn't rule me!

Are you in control of money or is money in control of you?  How do you know?  Think of something you really want to do that will stretch your limits and bring you to a new level in your life.  What is the first thing that pops into your head?  Is it, I don't have enough money to do that?  Are you putting your goals and dreams on hold because of money?  Are you working at a job you hate because of money?  Are you missing your kids activities because of money?  Who is in control?  You or money?  If you answered yes to one or more of the above questions it is highly likely that money is in control of you.

If you do or don't do things because of money than money is controlling you.  How do you take back control?  You do the things you want to do and live the life you want to live without making money the guiding factor.  Say you want to start a new business.  Instead of letting your money issues defeat your business before it even starts sit down and strategize.  What are your main obstacles?  How will you overcome those obstacles?  If one of your obstacles is a lack of money, instead of giving up, think how to create more money to fund your business!  Or think of a creative way to start your business with none of your own money.  Partner with someone who has money or who has an audience that may respond positively to your ideas.  You rule money!  Money doesn't rule you!

Has your son or daughter ever asked you for something and you told them that you can't give them what they want because you don't have the money for it?  Did they give up asking for whatever it was they wanted?  Did they try a different tactic to see if they could get around the money issue?  Did they try to negotiate with you and try to work around the money issue?  My eight-year-old son does this all the time.  It is frustrating at times because I want to say no and let that be the end of it, but on the other hand I like to encourage that behavior because it is very beneficial in life.  We should teach our children to not be defeated if the answer is no the first time.  How many successful businesses or authors exist that were turned down several times before they made their first major breakthrough?

Here is a great example of two authors who had a great idea and became major successes despite being turned down by hundreds of publishers when they tried to get their first book published:

Jack Canfield and Mark Victor Hansen were convinced their little collection of inspirational stories had the power to make a meaningful difference in the lives of readers. Trouble was -- they couldn't find a publisher who agreed with them. They took their book to publishing conferences and literally hundreds of publishers ignored them. Finally they found a small publisher who would print a few thousand books for them and they started selling Chicken Soup for the Soul from the backs of their cars as they drove around making speeches and doing book signings. Eventually the book, that wonderful "little engine that could," turned into a worldwide bestseller and Chicken Soup for the Soul became a publishing phenomenon, one of the most successful lines of books in history.  http://abcnews.go.com/GMA/Books/chicken-soup-soul-positive-foreword-deborah-norville/story?id=11827877&page=2

You rule money!  Money doesn't rule you!

Learn how to take control of money at T. Harv Eker's Millionaire Mind Intensive.  Click on the link below for a free ticket for this mind changing event: http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

Here is an additional reference that will be very helpful in learning how to control money:

Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money

The most debilitating emotion is anger

Holding onto anger is like grasping onto a hot coal with the intent of throwing it at someone else. You are the one who gets burned. 
- Gautama Buddha


Resentment is like taking poison and waiting for the other person to die.
- Malachy McCourt


To carry a grudge is like being stung to death by one bee.
- William H. Walton


Holding on to anger, resentment and hurt only gives you tense muscles, a headache and a sore jaw from clenching your teeth.
Forgiveness gives you back the laughter and the lightness in your life.
- Joan Lunden


We hold onto the hurt, the anger, the resentment, because we fear that if we could let it go effortlessly, then whoever caused the pain in the first place, would be getting away with it too easily.
- http://meganwyatt.wordpress.com/2008/10/10/why-we-hold-onto-anger-and-resentment/



All healing is a release from the past
- T. Harv Eker


For true healing to occur one must empty out all the stored pain, hurt, blame and hatred. We cannot just by-pass the emptying out and releasing process and jump straight to genuine forgiveness, because the consciousness connected to the issues remains stored inside the body and it continues to have a life of its own. And that can be damaging.
- Brandon Bays (http://newconnexion.net/articles/index.cfm/2007/09/Moving_Past_Pseudo-Forgiveness.html)


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The quotes and articles referenced above can be a great wake up call.  Any one of us can relate to these sayings because at various times in our life we have had anger and resentment toward someone else.  Anger is very damaging but what we may not realize is that it is most damaging to us.  Being angry at someone else will only slow your progress and cause you to stumble.  The other person may not even be aware of you feelings of animosity or may not even care.  If you spend all your time and energy focused on the reason why you are angry you will never get past it.  


The greatest source of healing comes from releasing this most negative of emotions.  Therapy works great for getting in touch with why you are angry to begin with.  If you can understand the source of the emotion it is much easier to let it go.  Also remember that the other person's point of view could be completely different than your own and if you spent time trying to understand the issue from their point of view it might be easier to let go of the anger caused by that person.


Here are some additional resources that may help you:


Overcoming Anger and Irritability: Talks with Your Therapist


From Anger To Forgiveness: Your Guide To Stopping The Cycle Of Anger & Achieving Peace With Yourself & Those Around You


From Anger to Intimacy: How Forgiveness Can Transform Your Marriage


From Anger to Forgiveness: A Practical Guide to Breaking the Negative Power of Anger and Achieving Reconciliation

Take what you save on the buy and invest it

So last Friday was Black Friday.  The day when all the retail stores give all kinds of crazy deals in an effort to attract thousands to their store hungry to buy.  How many of you went to Wal-Mart, Toys R Us, Best Buy or any of the hundreds of stores offering huge savings on their merchandise?  How much money did you save on all the purchases you made?  Depending on how avid a shopper you are you probably saved hundreds of dollars.

Now imagine if you took that savings and turned around and invested it.  That would be a nice amount of money to buy silver or gold, money to set aside to make your next real estate investment, money to invest in your next business opportunity, etc...  Instead of resting on your laurels by having saved so much money you could be making that money work for you to make you more and more money.

What is more exciting?  Money that you didn't spend today that you will probably end up spending tomorrow?  Or money that is invested wisely that brings you passive income so that you can enjoy your life?  Perhaps you are thinking that you don't know of any good investments and that the stock market is down right now so you wouldn't dream of putting your money in stocks.  These are valid concerns.  Why not learn from the best on how and where to invest your money?

Start by attending the next Millionaire Mind Intensive and it will jump start your life in the right direction.  T. Harv Eker and his company will help you understand how to create passive wealth in this economy as well as rewire you for success!  He is even giving away free seats at his next Millionaire Mind Intensive to make sure that nothing will stop you from being successful.  Click the link below to register for the next Millionaire Mind Intensive near you:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

You can also get some great insight by purchasing T. Harv Eker's book, Secrets of the Millionaire Mind.

Hesitation is the leading cause of road kill!

When was the last time you were presented with an opportunity that may have been profitable but that would have required that you leave your comfort zone and do something completely new?  Did you do it?  Why or why not?  What thoughts go through your mind as you think of such of a situation?  I would argue that most people shy away from these "opportunities" automatically.  We are comfortable where we are and anything that would require us to change in a radical way what we are currently doing is not something that most would deem as favorable or even logical.

I had lunch today with a friend that told me of such an experience.  In the year 2002 he was in school and his goal was to get his master's degree which is of course a worthy endeavor.  One of his friends decided to start a mortgage company and asked my friend to quit school and work with him full time on this new business opportunity.  My friend declined and continued to work towards his master's degree.  In the next few years his friend's mortgage business took off and his friend was making over $150K a month.  My friend did get his degree but he missed out on a huge opportunity because he hesitated and decided to stay in his comfort zone.  Needless to say that my friend is not making $150K a month with his master's degree.  Now, however, he is determined to not make the same mistake and is working with a mentor of his to start his own securities and insurance business.

Do not miss this huge opportunity to take your life to the next level!  Attend the next Millionaire Mind Intensive by T. Harv Eker.  Below are some upcoming dates for the seminar:


San Diego December 10-12, 2010
Santa Clara January 7-9, 2011
Los Angeles on February 18-20, 2011

Click the link below to register to attend this life changing event for free:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

Success equals doing what you say you are going to do

There are two types of habits: doing habits and not doing habits.  Either of these habits can be good or bad.  If your habits are bringing you towards your goals of success and freedom then they are good habits and you should reinforce them to keep your momentum going.  If your habits are habits that prevent you from reaching your goals then these must be replaced with habits that will move you towards your goals.

T. Harv Eker has a great goal setting system.  The main point of this system is to make you responsible to do what you say you are going to do.  Then when you accomplish your goals for the month you reward yourself to positively reinforce your efforts.  This goal system is simple.  You create a list of things you must do each day to grow your business.  This list can be whatever you want it to be.  Each item on your list is worth one point.  If you had five goals for the day then you receive five points if you completed all your goals.  Any goal you don't complete however is a negative point for the day.  So if you had five goals for the day and you completed four but missed one then you would have a total of three points for the day.  Make a goal of points you want to get each week and each month.  Then at the end of each week total your daily points to see if you reached your weekly goal.  At the end of the month total your points to see if you made you monthly goal.  If you complete your monthly goal then reward yourself by doing something fun.  When you reward yourself make sure the reward is something that gets you excited so that the next month you will be motivated even more to complete your daily and weekly goals so that you can reward yourself again at the end of the month.

I have started this goal setting system and have found it to be extremely helpful in keeping me responsible for doing what I say I'm going to do.  It has also helped me to prioritize my daily activities so that I do the most important things first.  I review my goals for the day in the morning and start thinking of how and when I can complete them.  Then at night before I go to bed I review what I have done for the day.  If I missed completing any of my goals I do not go to bed until I complete everything even if I have to stay up late.

This has helped me to get rid of the excuses I was in the habit of making every day.  Before I would get to the end of the day and I would say I was too tired to do the goals I had set up for myself.  I had goals but often I wouldn't write them down or even keep track of whether or not I was completing my goals.  I had no motivation to complete the goals.  Now my daily goals are my first priority from the second I wake up till I complete them during the day.  I do not leave them till the end of the day anymore.

I would encourage you to start this daily, weekly, and monthly exercise of setting goals, keeping track of them, and rewarding yourself when you complete them.  It seems like a simple thing but if you cannot do the simple things how do you expect to accomplish the bigger things in life and in your business?  As T. Harv Eker says, "How you do anything is how you do everything."

If you think this was helpful click the link below for a free ticket to attend a three day seminar put on my T. Harv Eker that will change your life and how you think about money and your business:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

Every master was once a disaster!

Do not be afraid to start a business because you feel you don't know enough yet.  The point is that you don't know enough yet and you never will if you don't start doing something with your business today.  All the great business people had a time in their life when their business was a total disaster.  What made them great was they didn't stay that way.  They got up, brushed themselves off, learned from their mistakes, and went back into business.

T. Harv Eker states that business success is a learnable skill.  We are not born with the knowledge of how to be successful business people.  I would also argue that we don't learn it while going to school.  Business success can be learned by modeling other successful business people.  It is a skill that cannot be taught academically because as I discussed before information is not equivalent to knowledge.

Knowledge comes from experience and business knowledge comes from owning and operating a business.  Business success comes from modeling other successful people while owning and operating your business.
I would encourage anyone that is business now to get a mentor or a coach to help them take their business to the next level.  Why try to figure everything out on your own when you can have the help of a mentor to guide you through all the obstacles that will stand between you and your success?

Take the first step to your business success and learn from the best at the next Millionaire Mind Intensive: http://www.peakambassador.com/cmd.php?af=mmi5202&p=1.

The biggest success killer - I know that

Today there is so much information available at the tips of your fingers, quite literally.  You can Google any subject and find dozens if not hundreds of web sites or articles about your topic.  Many watch TV and pick up on the latest sports, weather, trends, etc...  When we talk with our friends we like to show how much we know about the latest topics.  We have all this information but the real question is what are we doing with it?  Do you really know something that you saw online fifteen minutes ago?  How many of us are really dedicated to "knowing" much of anything these days?

When you hear something like you can make money at online marketing what is your first response?  Most would say, Yes, I already know that.  But are they doing anything with that knowledge?  Do you really know something you have never practiced?  Albert Einstein put it best when he said, "Information is not knowledge."  This is the information age where we can find anything about just about any topic we desire.  Knowledge is different from information.  Information is cheap but knowledge is expensive because knowledge is only obtained through action and doing something with the information.

In the Epistle of James we read the following in the first chapter verses 22 to 25:

  22 But be ye doers of the word, and not hearers only, deceiving your own selves.

  23 For if any be a hearer of the word, and not a doer, he is like unto a man beholding his natural face in a glass:

  24 For he beholdeth himself, and goeth his way, and straightway forgetteth what manner of man he was.

  25 But whoso looketh into the perfect law of liberty, and continueth therein, he being not a forgetful hearer, but a doer of the work, this man shall be blessed in his deed. 

T. Harv Eker states that the biggest success killer is the phrase, "I know that."  These are the people that are informed but do not act on the information they have and they deceive themselves that they have knowledge when in reality they know nothing.

Be one of the few that take action with the information you have available and make that information knowledge that you can use to help you and others.  Attend T. Harv Eker's Millionaire Mind Intensive to begin your quest for knowledge:

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

It's what is invisible that creates the physical

There are four key areas in our lives: mental, emotional, spiritual, and the physical.  It is the combination of the first three (i.e. mental, emotional, and spiritual) that combine to form the our physical results.  As T. Harv Eker says, "It's what's invisible that creates what is visible."  So if you want to change your financial situation or your physical environment you need to look at the mental, emotional, and spiritual aspects of your life first.  This is where you financial thermostat resides.

If mentally, emotionally, and spiritually you are only comfortable making $50,000 a year then no matter what changes you make to your physical environment (such as changing your job, starting a business, or investing) your financial comfort level will never allow you to reach greater physical results and stay that way.  You may have success for a time but then you will end up sabotaging your success to bring you back down to where your original internal comfort level was at originally.

To change your internal financial comfort level and achieve lasting success externally you must change your mental, emotional, and spiritual energy internally first so that when you physically manifest greater wealth you will be at a place mentally, emotionally, and spiritually where you are comfortable with the new success in your life and you will not feel guilty that you have achieved more than your friends and family.

"Money is energy.  Big money is big energy!" (T. Harv Eker)

Thought => Feelings => Actions = Results

This is what T. Harv Eker calls the Wealth Principle:

Thoughts lead to Feelings which lead to Actions which equal Results (T-F-A = R).

Success is not a result of being born into a certain family or being raised in a certain part of the world.  If success were determined simply by where you live then all the people in a specific area would either be successful or broke.  Yet there are several people that became hugely successful despite their circumstances.  What was the reason they were successful when everyone around them was failing miserably?

Success is determined by your thoughts, feelings, and actions.  It is a mental battle.  When faced with a challenge we can either give up and become despondent or we can focus, strategize, and overcome the obstacle that is blocking our success.  Our beliefs about money and success can either help us in this battle or they can cause us to fail depending on what they are.  Negative beliefs about money and success will cause you to avoid having lots of money and prevent you from being successful.  To be successful you need to change your beliefs about money and success so that your beliefs are in alignment with your goals and dreams.  Doing this by yourself can be almost impossible since you see the world through your eyes and your beliefs and subconsciously you do everything you can to prove that you are right and that your beliefs are correct.  Most of the time it will take an outside person to help us see our limiting beliefs and to help us overcome them.

T. Harv Eker is dedicated to helping people change their negative thoughts and beliefs about money so that you can start having success now.  Click the link below to claim your free copy of Get Hardwired for Success: How to Reset Your Mind's Money Blueprint to Create Automatic Wealth.

http://www.peakambassador.com/cmd.php?af=mmi5202&p=1

World's Easiest & Most Effective Money Management System

T. Harv Eker taught a simple money management system at the Millionaire Mind Intensive seminar.  The basic idea is to create multiple accounts to hold your money and the money in each account is used only for a specific purpose.  The first account would be your Income account where you would have your pay check(s) deposited. Then you would take that money and split it into the following six accounts using these percentages:

Income Account (Pay checks are deposited here and then split between the following accounts):

1.  Financial Freedom Account (10%)
2.  Long Term Savings (10%)
3.  Education (10%)
4.  Necessities (50%)
5.  Spending (10%)
6.  Charity (10%)

The Financial Freedom account is the money you put into investments such as real estate, stocks, bonds, commodities, business income streams, etc.  This is your passive income account.  You never take money out of this account but money such as interest that you earn from this account can be put into your Income account or kept in the Financial Freedom Account to be reinvested.

The Long Term Savings account is used for things such as saving money to buy a car, go on a vacation, save money for college for the kids, make a down payment on a house, etc.

The Education account is not an account to save money for your kids to go to college (that is the Long Term Savings account).  This account should be used to further educate you in your life and your business.  Examples of this would include paying for your own college education, continuing education after college, seminars, books, CDs, personal or business coaches, etc.  This account should be actively used to improve yourself.

The Necessities account would be used to pay your mortgage or rent, buy food and clothes, transportation expenses such as gas and maintenance of your car, bills such as electric, water, and gas.  This account pays for the basic necessities of life.

The Spending account is meant for exactly that - you have to spend it!  This account must be depleted each and every month on fun activities and purchasing frivolous things!  This is very important because if you do not  reward yourself for all your hard work life will become a burden instead of a celebration.  Live life to the fullest now, not after you retire in 40 years!

The Charity account is very important.  Always give 10% of your income to your church or favorite charity.  If you believe in tithing then this would be the account you would pay tithing out of each month.  It is very important to give back a portion of what we receive to show our gratitude for that which we have been given. The more grateful you are the more likely it is that you will receive more of what you are grateful for in the future.

I would encourage everyone to implement this simple money management system in your life.  Even if you aren't able to do so exactly as described above with all the various percentages just start with what you have and work toward the ideal above.

You can be right or rich - never both!

This was a powerful thought that was shared at the MMI seminar:

"You can be right or rich - never both!"

That coupled with the following are very powerful:

"Nothing has meaning except the meaning you give it."

So basically we can spend our lives proving ourselves right in our eyes but doing so will cause us to be narrowly focused and make our mind closed off to new possibilities.  Or we can be open to new thoughts and ideas that may contradict what we think we know but that will propel us to newer heights once we understand them.  The rich are those that are constantly thinking in new ways: new ways to do things, new ways to make money, new ways to help others, new ways to do business, new ways to market, etc...  The world is limitless to them because they do not force their own limitations on it.

If we always had to be right then there would be no room for mistakes and failures.  Mistakes and failures are indications that we erred somewhere in our decision making.  Being open allows us a chance to start over after disaster instead of simply shutting down and being depressed (which is really anger turned inward) the rest of our lives.

Live every day of your life eager to learn new and exciting things.  Do not limit yourself!  When I talk to my 5 and 8 year old boys it is very refreshing.  They don't have all these limiting beliefs.  Give them an idea and ask how they might accomplish something and they will start spouting out suggestion after suggestion of how they think it can be done.  They don't care if they are wrong or right!

Be like a child.  Live for the moment and have great expectations for the future!  Life is fun so live it to its fullest!

Attitudes of Wealth - What I taught my son

The following Attitudes of Wealth were shared with us at the Millionaire Mind Intensive by T. Harv Eker:

1.  I am an excellent money manager.
2.  I always pay myself first.
3.  I put money into my Financial Freedom Account every day.
4.  My money works hard for me and makes me more and more money.
5.  I earn enough passive income to pay for my desired lifestyle.
6.  I am financially free.  I work because I choose to, not because I have to.
7.  My part-time business is managing and investing my money and creating passive income streams.

8.  I create my life.  I create the exact amount of my financial success.
9.  I play the money game to win.  My intention is to create wealth and abundance.
10.  I admire and model rich and successful people.
11.  I believe money is important, money is freedom, and money makes life more enjoyable.
12.  I get rich doing what I love.
13.  I deserve to be rich because I add value to other people's lives.
14.  I am a generous giver and an EXCELLENT receiver.
15.  I am truly grateful for all the money I have now.
16.  Lucrative opportunities always come my way.
17.  My capacity to earn, hold and grow money expands day-by-day!

Tonight I taught my eight-year old son about sorting the money that he earns into a charity account (i.e. tithing), an investing account (we talked about buying silver and gold--he loved that idea!), and a spending account.  I gave him $50 to start out and we put $5 (or 10%) in the charity account.  If he invests $29 a month at a 10% interest then he will have a million dollars by the time he is ready to retire so we put $29 dollars into his investing account, and the last $16 we put into his spending account.

Then after that we read the 17 Attitudes of Wealth listed above before he went to bed.  He thought that was a blast and agreed with everything especially number 11!  I will do the same with my five-year old son, Landen, next week when it is his Daddy night.  I love teaching my kids about money!  It was lots of fun!

You are either affecting people or infecting people

Here is another saying of T. Harv Eker, "You are either affecting people or infecting people."  When you are affecting people you are helping to move them forward to a better place by your influence.  When you are infecting people you are slowing others down with your bad attitude, your bad energy, and your negative outlook on life.  Negativity is not productive.  It inhibits action and uses reason to justify your failures.

Our goal in interacting with other people should always be to help them, to serve them, and guide them to a better place.  Our goal with any business should be the same.  Only in providing value in other people's lives can we truly be successful.  Success is not measured by how much money and wealth you obtain but by the number of people's lives you can influence for the better.

In 1 Corinthians 15:41 it reads: There is one glory of the sun, and another glory of the moon, and another glory of the stars: for one star differeth from another star in glory.


The sun provides the most value, giving life and light to all.  Its energy and warmth can be felt millions of miles from the source and life cannot exist without it.  The moon provides only a reflection of the sun's value, though the moon does have some small sway on the earth and its tides.  The stars can barely been seen and only on the darkest of nights are they all visible.  Stars provide a small help in navigation but their light is minuscule and individually they rarely provide value to any.


So live your life with a goal to provide immense value and in so doing you will find true success and meaning. 

How you do anything is how you do everything - T. Harv Eker

I just attended the Millionaire Mind Intensive course created by T. Harv Eker's company Peak Potentials.  It was a great course with lots of valuable information so I wanted to take the opportunity to share some of the insight this course provides in this blog.  This is by no means a comprehensive review of the course but meant to provide some insight the course gave me and some highlights I found helpful.

So here is the idea from the course I wanted to share today:

T. Harv Eker has the following saying: "How you do anything is how you do everything."  This basically means that how we do the little things in life also reflects how we do the big things in life.  If we say we are going to do something and don't do it on a day to day basis then how are we going to complete our bigger goals in life.  Bigger goals require that the daily commitments be kept.  If we aren't keeping the daily commitments that lead us to the bigger goal then we will never reach the bigger goal.  So it is very important that you pay attention to how to do the little things in life because that reflects in a large way how you will do with the bigger things in your life.

Here is an example going on in my life right now.  I want to run a marathon by the end of 2011.  To do this I need to build up the stamina to run the 26 miles.  This obviously needs to be done gradually because if I tried to run the marathon today I would never make it.  So I am starting out with a goal to run 1 to 3 miles four days a week.  When I run 1 mile I will run at a faster speed and when I run the 3 miles I will slow it down.  This is my goal for the next month.  Now if I keep to this goal I should be able to revisit the distance I am running next month and increase it slightly and I will continue doing this each month until I can run the full 26 mile marathon.  If I slack off and don't do the required 4 runs each week then I will never be prepared to do the marathon at the end of 2011.  So how well I keep to my small goals will determine how well I can fulfill my long-term goal.

Hopefully you find this information helpful.  I will be back tomorrow with an additional insight from the seminar.