Sunday, December 15, 2019
3 ancient laws to help increase your wealth this year
3 ancient laws to help increase your wealth this year3 ancient laws to help increase your wealth this yearWhen I first graduated from college, I welches full of enthusiasm and excitement. My hopes for the future were only matched by the number of bills that piled up. And it didnt get easier. Graduate school added to the debt pile. Add marriage and a baby to the mix and life became more expensive by the minute.At a conference, I heard the virtues of saving and investing. Sure, financial freedom sounded wonderful and also like a far-off dream.In my book, The Book of Mistakes 9 Secrets to Creating a Successful Future, I share some of the principles that helped me get out of debt in record time. And I dont mean some debt, I mean all debt, meaning no student loans, no credit cards, and no mortgage either. No debt welches my first goal, but then financial security became my next. I was determined.My whole life has centered around studying success, financial freedom, and happiness. I knew t he difference between good debt and bad debt, between bonds and high-paying dividend stocks. I understood the concept of delayed gratification, of living beneath my means. Check, check, check.But there were three underlying mindsets that made all the difference to me. It may seem counterintuitive. Some may dismiss these concepts as amateurish or soft. I get it. I also know that some of the financial geniuses out there, who actually teach on the subject, are struggling to make payments on their credit cards. So, dont dismiss these mindsets quite yet.The first is desire.You would think that this is obvious. Everything starts with desire. In my book, I call it The Law of Desire. Only when your desire is great enough does it activate the winds of achievement to propel you to the impossible. I go so far as to say that Your desire sets the course of your destiny.I know it sounds hokey and a bit out there, but I didnt just study stock charts. I thought about my goals with such passion, emo tion, and specificity that I believe it activated an internal drive to succeed. I didnt just think about what I wanted, but also why I wanted it. As the old saying goes, When the why is big enough, thehow is automatic.The second is gratitude.The time to practice the art of gratitude is when you have little. Those who are grateful attract more opportunity. Its human nature. We are more likely to give to those who are appreciative than to those who feel entitled. Gratitude opens doors of opportunity. Numerous studies on gratitude are proving this scientifically.Its easy to groan and complain. The other day, I found myself in a critical mood. I wasnt allowed through the faster security lines at the airport. My flight was delayed. My phone wasnt getting text messages. I had to catch myself. What an amazing opportunity to travel to another part of the world my phone not working gave me a little downtime to reflect I was able to meet someone in the longer security line who has proven to b e a valuable connection.The third is belief.Knowing your purpose and believing in yourself is crucially important to your success in any endeavor. You cannot rise higher than your beliefs.I often ask people about their failures, mistakes, and struggles. I learn more from the answers than I do from their successes. One type of failure that is completely avoidable is self-sabotage. No one thinks that they will do this to themselves, but it happens every day. Why? Because all too often we rise to a level of success that doesnt match our internal view of who we are. We hit a new level, but because we dont think we should be there, we end up subconsciously behaving in a way that will push us back to a different level.These three laws can play a crucial role in your success this year. Your goals may include cutting your debt in half or saving an extra month of pay. Thats great. Consider the three ancient laws from The Book of Mistakes desire, gratitude, and belief. As they did for me, the se three laws may make a remarkable difference in your future.Skip Prichard is the CEO of OCLC, a prominent leadership blogger, and the author of The Book of Mistakes 9 Secrets to Creating a Successful Future. Learn more about his book at www.thebookofmistakes.com.
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