HomeEditorial CommentBuilding wealth from scratch

Building wealth from scratch

-

BEING wealthy is a mindset, being disciplined, and a conscious and concerted effort to better yourself.money-copy

The day I began to understand that it changed not only my mind pattern and outlook but the state of my money affairs.

In seminars that I have spoken in I have always said: “Being a millionaire is not measured by the wads of cash that you have in your wallet, but the wisdom that you possess for money.”

History has proved all people that have won lottery end up stone broke. Why? Money is a mindset!

In the following series of Success Life we will be building your wealth account. You might be broke right now, but that does not detect and determine your financial future.

In life, the problem is not being born poor, but dying poor because we are endowed with an boundless mind. The first step is having a mindset to join the 10% of the world’s population which owns 90% of the wealth. It’s possible!

Step One: Don’t believe in lies about money
Some people have said money is the root of all evil. That is a lie! I think lack of money is the root of evil. Most people detest, and talk bad about rich people and call them all sorts of names.

My advice is: Talk less, learn more from the rich and recoil your subconscious conditioning about money.

What you value also increases in value. You attract what you appreciate. The day I made my mind to be wealthy; it has not being a struggle for me to meet millionaires and even struck deals with them.

Why? I charged my mindset. Wow, it’s good to talk with a rich person! I have never seen pleasant people like millionaires!

Step two: Save 10% of all your earnings
10% of all your income must be saved. Put aside 10% for a rainy day. This will help you since eventualities are inevitable. Even if you earn $10 dollars today your future is bright.

I tell you, you can give me a dollar today I can assure you, in 365 days I will have made $1 378. I will explain that in my follow-up articles.

Step 3: Tithe
From every income that you get take out the tithe. Others who are not Christians use this 10% to give to charity.

Step four: Cut on extra expenses
There are some unnecessary expenses that keep us bound. Cut down on other costs like credit accounts. Most people have been taught or conditioned to spend and not save. The moment they pick a $1 note, the first thing that comes to their mind is: What do I buy?

Step 5: Give money to others
Giving is the essence of life. In fact giving is living. If you don’t give you are not in the flow of life. Give to receive.

Before I mastered this principle I always wondered why the golden book says it is more blessed to give that to receive. Money is also called a “currency”. Currency is derived from “current”, which means flow. Money is meant to be in the flow or in circulation.

How do we keep that working, buy giving it out and that keeps us positioned to be in the constant flow to receive.

John Harricharan in a book by Joe Vitale called The Greatest Money-Making Secret says, “By giving and sharing the little we have, we open up the storehouse of the universe and permit rivers of good to come our way . . . You have to give and give a lot, to be in the flow of life to receive.”

Step six: Tune your mind
What manner of speech are you making about money? One wise writer once said, “As a man thinketh so is he”. If you want to measure how a person is broke or poor, listen to what bubbles out of their lips.

Out of the fullness of the heart the mouth speaks. What thoughts do you have? Who do you associate with? What do you talk about?

Because all that influences your mindset has an effect on your attitude, then determines how you behave and eventually controls your results. If you say you can be rich you are right.

If you say you can’t be rich you are also right as well. This therefore means, whichever way we choose, it could be riches or poverty, we will attain.

To avoid poverty we should change our paradigm, change our speech, alter our habits and re-invent actions.

Step seven: Don’t reinvent the wheel
Rich people have a similar way of doing things. All that I have leant from rich people in seminars books and in my interviews with millionaires it nothing new.

It has always being there. So why try to reinvent the wheel? Simply, do or copy what the rich people do until you become like them. Simple!

Parting point: A millionaire and author, T Harve Eker, who also endorsed my book says: “The only way to permanently change the temperature in the room is to reset the thermostat.”

In the same way, the only way to change your level of financial success “permanently” is to reset your financial thermostat, otherwise known as your money blueprint.

For more money tips and advices go to www.successlife.co.zw, call 0772 581 918, e-mail: jonah@successlife.co.zw
Jonah Nyoni is an author, success coach and motivational speaker.

Recent Posts

Stories you will enjoy

Recommended reading