Remember that 1980’s movie, Wall Street, with Michael Douglas and Charlie Sheen? The tagline for the movie was, “Every dream has a price.” Michael Douglas played Gordon Gekko, a high-powered uber-broker and investor who was ruthless, greedy, and would do whatever it took to make a buck. He lies, cheats, breaks the law, and uses…
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We all know somebody who “has it all.” He has the fancy job, the nice car, the big house, and the respect and power all of the trappings of success provides. He also has a cheating spouse, kids in rehab, a $1,000 a week psychiatrist bill, and a bottle of sleeping pills next to his…
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Have you ever thought the following? I won’t go back to school until I can go full-time. I won’t open that investment account until I have a few thousand dollars to invest. I won’t start reading that book until I go on vacation and have a few days to finish it. I’m not going to…
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This is one of the most debilitating beliefs you can have. You get exactly what you are willing to accept. If you accept mediocrity, you will surely get it. Helen Keller once remarked, “Life is either a daring adventure or nothing at all.” It is easy to fall into the mental trap of mediocrity. Because…
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Warning: This belief is extremely dangerous to your wealth and is guaranteed to cause financial paralysis. It would be easier to sprint to an Olympic gold medal while carrying a bag of groceries than it would be to succeed financially with this debilitating mindset. Like the massive elephants secured by a tiny rope, people who…
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Eliminate Limiting Beliefs I’ve bought several used cars in my life, and I learned an important lesson early after making a big mistake. I did my research. I looked through the paper and auto magazines. When I saw an ad for the car I wanted at a local dealership, I called them and they invited…
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Are you ready to stop your internal critic? Are you ready to break free from those limiting beliefs that have held you back from financial success? You have the passion, the vision, and the goals—but often, they are not enough. We may know what we should do, but for whatever reason, we don’t do it.…
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Use Pictures for Motivation We’ve done a lot of work putting our vision, purpose, and goals into words, but now it is time to transform the words into something more powerful—images. You are going to take the work you’ve done so far and create a picture scrapbook of your goals that will allow you to…
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The importance of excellent financial health cannot be overemphasized. The lifestyle you desire and the goals you want to achieve either requires or can be enhanced by an expense. This is pretty obvious for those dreams where we want something. For example, travel, better car, fishing boat, bigger house, vacation cottage, Rolex watch, and diamond…
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This exercise will help you transform your Want List into concrete, action-oriented goals. The difference between an average goal and an IMPACT-Goal is like the difference between a car on empty and a car with gas. A car without fuel might be nice to look at and sit in, but it isn’t going to take…
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