Creating Wealth - 7 Insider Secrets of Wealth Creation

Many people dream of living a life with no financial worries but few free themselves of the shackles of their 9-5 day jobs. Here are 7 important factors you need to know so you can be successful in creating wealth.

Rarely will people be interested in creating wealth purely for the sake of having it. Frequently, it's because they want a cushion of prosperity so they don't have to worry about making ends meet. Below are 7 things you need to know to be successfully creating wealth in your life.

• Define What “Wealth Creation” Means To You
• Don’t Try to Earn Your Way to Wealth
• Learn How to Leverage Time, Talent & Money
• Build a Winning Team around You
• Be Willing to Invest and Take Calculated Risks
• Know When to Borrow Money
• Play Your Own Game

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How to Get Rich – 7 Secrets from the Richest Man in Babylon

Babylon. Its very name conjures visions of wealth and splendor. Its treasures of gold and jewels were famous throughout the ancient world. The book, The Richest Man in Babylon by George S. Clason, was first published in the 1920s. It is written in parable form using old-English and speaks of gold and gold coins in lieu of modern-day currency but the message is right on the money (excuse the pun)! In the book, Babylon is experiencing an economic downturn and the King approaches the richest man in Babylon called Arkad to teach Babylon’s citizens on how to create wealth.
I’ve prepared a summary of the fundamental ‘how to get rich’ tips from Chapter 3 in the book called “7 Cures for a Lean Purse”. Here are the first three:

Step 1: Start Thy Purse to Fattening
Spend only 9 out of each 10 coins earned. Save one-tenth of what you earn for yourself for worthwhile use in the future. This is the crucial first step on your journey to becoming rich.

Step 2: Control Thy Expenditures
Budget for your expenses. Make sure you have enough coins to pay for your necessities. Only pay for your enjoyments and gratify your worthwhile desires if you can do so without spending more than nine-tenths of your earnings. Make sure that you can continue to save one-tenth of what you bring in.

Step 3: Make Thy Gold Multiply
Put each coin to labour so that it may reproduce its kind. As you start to build up your savings, invest that money so that it makes more money for you. Don’t leave your savings sitting dormant in a bank account (unless it’s a very high interest rate savings account). Worse still, don’t leave it under your mattress depreciating in value!

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Creation of Wealth – 7 Secrets of Wealth Creation

Without doubt, your mindset is the single most important factor that will determine whether you will be wealthy or not. True wealth and abundance come from having an affluent psychology. You gotta remove any disempowering beliefs you have about yourself or money. Buy yourself a copy of Napolean Hill’s “Think and Grow Rich” if you want to understand how your thinking will make you wealthy (or not!). Whatever you think about, you bring about i.e. Law of Attraction. For a FREE copy of the 7 Secrets of Wealth Creation go to http://www.millionairemindsetsecrets.com NOW and register to download.