Wealthy Thoughts
Are you in debt or experiencing a lack of money? It’s imperative you create wealthy thoughts. It’s easy to do and with the ideas on this page, you’ll begin to see your money increasing before you have physical evidence. This will be a great exercise in faith building for greater love, more money, and the power to have what you say. You need wealthy thoughts first before you can be wealthy and to achieve abundance. If you see your money as never any better than it is today, chances are good it will remain in that state. If you’re not currently in a physical state of financial wealth, then you must begin the process to create it by faith and see yourself as financially wealthy NOW. This step is the beginning of you're creating wealthy thoughts.
It’s a good practice to continue because after we see the results we desire, we can become complacent about money and allow our minds to slip back to where they were. I know all to well what can happen when money begins to increase while life gets hectic as a result of the income opportunities that bring it. New to using faith for money, I let my mind slip into the thinking that if I didn’t work harder I would lose it and never have it again. That was very destructive mental creation that caused me to lose valuable time and money.
Why did I let this happen? I didn’t know any better. I had to figure out God’s financial plan for myself. I did my best to put the scriptures together as a layperson for understanding, and learned mostly by trial and error. I didn’t realize at that time that I was living for the future while holding onto my past failures. At that time, I didn't fully understand God's principles for success, so I used my own understanding or logic. Therefore, the harder I worked the less power I had to permanently change my circumstances. I was able to use the faith principles to get money, but I didn’t know how to keep it. We think it’s our hard work that brings us the money, but it’s not! It’s our faith in God’s word and our allowing it to prosper our thinking which leads to our financial prosperity. This is the hard work we must be committed to for financial wealth, not hard labor.
Even if you have little or no money, if you plan to perpetuate and increase it with a list of investment ideas that appeal to you you'll be building wealthy thoughts that will instill the attitude that you are financially wealthy right now and for the rest of your life. This is faith in action and a necessary part of wealth building.
I have a budding list of wealth management resources for you to review. While studying those options keep your mind fixed on the belief that you already have the money you’ve claimed for increase or to get out of debt, (if you’ve worked your way through the money steps I’ve given you). The more you think wealthy thoughts, the easier it will become for you to receive money, opportunity, and abundance. Spend time seeing yourself with property, emergency money in the bank, savings, Cd’s that keep rolling over and a growing Ira account that will yield you a good retirement. By doing this, you’ll feel the peace of having financial abundance. This very act will change your life by taking you out of worry and give you God’s possibility for financial increase.
THIS IS A GREAT EXERCISE IN FAITH SO I HOPE YOU TAKE ADVANTAGE OF THE INFORMATION I PLAN TO MAKE AVAILALBE TO YOU. It's important to always think growth when you think about your money. Stop seeing money as a disappearing act. Another important fact is to always educate yourself before you actually invest your money. General savings isn't a risk, but many investments can be if you don't have knowledge of what you're doing. The intention of this page is for two functions. The first, is to get your mind in the position of not only seeing the money you've claimed (Step #3 of my wealth study program) in your possession, but second, evaluating the various methods of increasing that money. Savings
Liquid Savings Account: You don’t need a savings account to create wealthy thoughts, but you can use it to give you the mind-set of having control over your financial situation. Even if you only save a few dollars a month, you’ll be creating the idea of wealth by taking action or a faith step toward wealthy thinking.
If you don't have an account and have planned on opening one in the future, you can easily create one today. Look for a low-minimum account with the highest interest yield. And remember, it doesn't matter how much you save. Even if you were only able to save $10.00 a month I realize that's not a barrel of money, but it's not the dollar amount that's important, but the wealthy thoughts you need to create.
However, if you use faith over your money and increase the amount and the frequency of your deposits, you might have enough money for perhaps a CD that will yield a larger return.
Should you not be ready to open a general savings account just yet or have no interest, you may wish to consider a CD account. CD Account: A CD or certificate of deposit pays higher yields than liquid savings accounts, but to earn that, you need to let someone else hold your money for a specific period of time. To learn more, click on the following links:
CD's (certificates of deposit) Explained &
CD And Investment Calculators
This principle found in Proverbs reflects why CFR Ministry offers Emergency Fund information and assistance. This is a great wealth resource to think about.
Most financial planners would recommend that you save a minimum of 3 months of living expenses. Establishing an emergency savings fund will give you assurance your assets are covered in case of emergency. You can click on the link below to view their application for keeping such a savings account readily available in a low risk fund. However, keep in mind that if you don't have such a fund, God will come through for you if you keep wealthy thoughts or high-minded thoughts of trusting in Him.
You can also create an account easily on your own with a CD or IRA or another such account, but be sure to make it somewhat difficult to get into to keep from using it for non-emergency spending.
Emergency Fund
What on earth is "antology" and what does it have to do with the issue of retirement? Solomon addressed this subject in a unique way when he challenged us to go to the ant ... consider her ways and be wise. (Proverbs 6:6-8). The ant "stores" her provisions in the summer and "gathers" her provisions in harvest for a very important reason. Winter is coming! King Solomon reminds us that much can be learned from studying the ant as it particularly applies to our own winter season of life. Antology, by Dr. O. S. Hawkins
Antology, by Dr. O. S. Hawkins
Professional money managers will take the funds deposited in the money market and invest them in government t-bills, savings bonds, certificates of deposit, and other safe and conservative financial instruments. This income is then paid out to the owners of the money market. For more on this article by investment expert Joshua Kennon, click here:
Money Market
A traditional IRA allows tax-deductible contributions of up to $4,000 per year, or more if you are over age 50. Whatever you contribute towards your IRA comes off your yearly income, thereby reducing total tax liability. To continue this article from WiseGeek to help you create wealthy thoughts for money growth, click here: What Is An IRA? Wealthy Thoughts For Real Estate Investing!
Home Ownership: If you want to make money without great risk, real estate is one of the soundest investments one can make, not to mention the benefits involved.
Beyond the living aspects of having a comfortable and attractive place to live, it provides a needed tax deduction sorely needed against earned income and the growth of home equity. There are also many income and tax benefits available when purchasing property for rental or resale purposes. The profits are there for the taking, but only after careful investigation and discussion with a local real estate agent you can trust. Wealthy thoughts include wisdom, so never rush into any investment. If you lose out on one, something better will come to you. If you don't have an agent click here for the best referral service for real estate:
Real Estate Referrals & Properties
Speculating on inexpensive land purchases in areas where you believe future growth will exist is a good consideration over savings alone. The yield is much greater and will benefit you not only for future financial growth, but as a means of channeling real estate profits to other areas of investment.
To create wealthy thoughts for real estate, click on the following link: California Real Estate More wealthy thoughts from author, Jason W. Moser. ...How much do you really know about making money (not working for money)? If you do not know much about money - besides how to work hard for it and spend it - you need to learn more about money now!
Wealth Building Principles
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Land Ownership: Becoming a land owner as well opens options of investment that can pay great dividends for future wealth.
