Wealth is a Choice
Having coached literally thousands of people, one of the most important things I’ve learned is that each of us are where we are in life, because of the choices we’ve made and failed to make. Hence the title of my topic, Wealth is a Choice.
To some degree, most people are misery-seeking missiles, because of the choices they continue to make in their lives. As strange as that might sound, I’ve seen it to be true many times in many individual’s lives, and it may well be true for you. In fact there are at least four reasons why most choose financial misery over financial health and wealth.
First, most of us are in a deep sleep when it comes to our financial lives.
We get up. We work most of the day. We come home. We hopefully have dinner with the family, then become mesmerized by the television. We go to bed, and start all over again the next day.
Over the years, the American public has been sold a bill of goods thinking that all of their hard earned money taken out for Social Security will come back to them many times multiplied over their retirement years. The truth is that some never see any of it. Most only see a part of it, and fewer still will get more than they put in.
The social security fund is practically bankrupt now, and of those who do get it, who can live on it? The maximum Social Security Benefit for 2017 is $3,538.
It’s time to wake up to the fact that if wealth is to be, it’s up to me! This is what the Financially Fit blog is all about… you, making a better life for you and your family. You can do it if you will simply apply each principle we share. Wealth is a choice.
Second, most of us choose to blame others for our financial situation or failures.
We assert that we are where we are in life, because of the choices made by our parents, spouse, business partner or anyone else to whom we can conveniently point the finger of blame. Often if we can’t think of someone else to blame, we will gladly pay some psychologist to find someone for us to blame. Any excuse will do.
But you have a choice. You can make excuses, or you can make money. You can’t make both! Ultimately we each choose our level and limits of financial success or failure by our level of comfort. In other words, we set our level of success just as we would set a thermostat. We set our financial thermostat by where we choose to live, where we choose to work, with whom we choose to associate, the books we choose to read and even the spouse we choose to marry. Just as a thermostat controls room temperature by sending electrical impulses to start or stop the furnace whenever the room is below or above the temperature setting, we as human beings are controlled by our ‘electrical impulses’ of happiness, tension and stress when we move above or below our self-image.
Each of us is responsible for our own financial success and happiness!
You can change… only those things you control. Admitting you’re in control means you can change. Change is good if it means improving your financial fitness! It’s time we take responsibility for our lives. It’s time to stop blaming others for our financial position or unhappiness. We all have problems, challenges and heart wrenching trials. That’s just part of life’s learning through experience. “Tough times never last…but tough people do.” When we take responsibility, our challenges and trials strengthen and make us better people. It helps us appreciate the good times ahead.
You and your family deserve financial health and wealth. In fact, you and your family ultimately depend on it.
In regard to your financial future, make your motto: “If wealth is to be, it’s up to me!”
Third, we choose our level and limits of financial success by our level of comfort.
In other words, we set our level of financial success or failure just as we would set the thermostat that regulates our heater or air conditioner. Face it–you are where you are right now financially, because that is where you are comfortable. You might say, “No way, that’s impossible! I’m not financially comfortable in any way!”
It may appear that way on the outside, but once you really understand what a comfort zone is and how that relates to your Wealth Thermostat, you might start to agree. Once you understand the Comfort Zone Principle, you can change it… something only you can do.
Have you ever wondered why in some situations you have an uncomfortable feeling of being out of place, yet in other situations you are comfortable and at ease? The answer is simple. We each have regulators called comfort zones. When our regulator sets our financial comfort zones low, we operate on low production and the results are low. When it is set higher, we produce more and get greater results.
Your current financial comfort zone corresponds with your current self-image and financial beliefs. The temperature can move slightly up or down without the furnace being signaled to turn on or shut off. Our financial comfort zone works the same way based on where we set our Wealth Thermostat. Moving too far above or below our comfort zone range causes us to feel stress and anxiety.
We are unable to think or act as we normally do. Whether our performance is better or worse than our picture (the truth as we see it), we get that out of place feeling and desire to get back in our self-set comfort zone of expectations.
How we value ourselves and how we perform, is determined by our self-image and the comfort zone that matches our picture of expectations. Thus, the higher and more positive our financial self-image is, the higher and more productive comfort zones we set on our Wealth Thermostat.
When you earn money under or over where you have set your financial thermostat, you will subconsciously find a way to increase or diminish your incoming money.
We’ve seen it over and over. Someone whose circumstances put them under their financial comfort zone setting doesn’t stop until they find a way to get back up to where they are comfortable. And vice versa. Salesmen, who make more in one or two months than their self-image believes is right for them, do something to turn down the heat and make less.
The best news is this: You can reset your thermostat to higher levels of comfort. It’s your choice!
When we find ourselves making less than expected, our regulator sends a subconscious message to put on the heat and increase our income to match our comfort zone. We look for opportunities to increase our income and become more financially secure. It is a powerful motivator and most likely the reason you’re reading this article.
Based on past experiences, you may not know your true potential, therefore we’re going to help you move your thermostat to higher settings, as you read each post, accept each challenge and apply each principle.
Fourth, if you don’t have goals, you’ve chosen failure by default. This is a harsh reality! If you fail to plan, you’ve planned to fail.
Knowing that financial success is our responsibility helps us realize that we may have been, at times, financially irresponsible. But where we have been financially irresponsible in the past, we can now choose to be responsible in the future.
If you’ll return to this blog and read the content we will continue to post on a consistent basis, you will learn in a positive way, the principles financially responsible people live by.
The Principle of Choice, as it relates to wealth, means we have two choices.
Deliberately or by default we can choose to participate in the rat race where we live on the financial treadmill or we can choose wealth.
I realize that the word wealth is a relative term. Here at Financially Fit, we believe wealth is the miracle of having enough money to meet all our needs and wants while still having enough money left over to help others. It’s an exciting revelation to know you can choose to achieve wealth.
I’m challenging you right now, to commit to achieve Wealth!
No matter your present circumstances, the first step to financial freedom is commitment!
Commitment is the spark that ignites the fire. Commitment is the key that starts the engine.
When one lays down a line in the sand and declares, “I am committed to do this – whatever it takes, for however long it takes then an invisible signal goes forth, like a radio beacon, resonating with whatever resources are necessary to complete the task.
These resources begin to “materialize” as if by magic. Ideas begin to flow. Time slows down or speeds up to accommodate. People suddenly arrive as if summoned.
At some level, we are all familiar with what commitment means. Yet many of us do not understand the essential elements needed to make it real, to capture its magic.
To have genuine commitment requires two things. The first is desire. The very fact that you are reading this article is proof that you have desire. The second is faith. You need to commit on faith. Through each post, we’ll continue to outline the path you need to follow; you need to have enough faith to follow the path.
With your desire and your willingness to follow our proven principles, commitment will emerge. It will strengthen you as you take each step toward the wealth you desire.
The good news is you don’t have to believe that you can become financially independent. Let us believe that for you. We know these principles work. What you need is the desire and enough faith to live the principles we present. When you do this; you’ll be on your way.
We look forward to helping you create wealth so you can enjoy a life where you have more than enough. The first step to achieving this life is to make a commitment.
The following verse, penned by the first man to photograph the top of Mount Everest, clearly describes the power that comes from making a true commitment:
“Until one is committed there is hesitancy, the chance to draw back, always ineffectiveness.
Concerning all acts of initiative (and creation), there is one elementary truth, the ignorance of which kills countless ideas and splendid plans: that the moment one commits oneself. Then providence moves too.
All sorts of things occur to help one that would never otherwise have occurred.
A whole stream of events issue from the decision, raising in one’s favor all manner of unforeseen incidents and meetings and material assistance, which no man could have dreamt would have come his way.
I have learned a deep respect for one of Goethe’s couplets:
‘Whatever you can do or dream you can, begin. Boldness has genius, power and magic in it.'”
~ W.H. Murray,
“The Scottish Himalayan Expedition” (J.M. Dent & Sons Ltd., 1951)
If you will visit this site regularly, read each post and apply each principle, you’ll be following principles that will allow you to:
- Gain immediate control of your cash low.
- Decrease your expenses.
- Increase your income.
- Create a spending plan that will allow you to have anything you want.
- Avoid common mortgage pitfalls.
- Carry the optimum amount of insurance for the lowest premium possible.
- Minimize your tax burden.
- Become debt free, including your mortgage in the shortest time possible.
- Establish an adequate emergency fund.
- Create maximum wealth with minimum risk.
To succeed, you need the best strategies for achieving results and you must take action. The number one key to your success is your ability to take action. Intentions have no currency, no value to the world, to those around you, or to the quality of your life.
But action alone is not enough; it must be the correct action. That’s what the Financially Fit principles will lead you to take. But this correct action has to be focused action.
Most people have no idea of the giant capacity we can immediately command when we focus all of our resources on mastering a single area of our lives. Controlled focus is like a laser beam that can cut through anything that seems to be stopping you. Your action will accomplish a lot more, a lot quicker if it is massive, focused action.
The principles you will learn in future articles are not based on doing a little here and a little there, but on focusing massive action – first on eliminating your debts, then on building wealth.
I challenge you to do whatever it takes to use what you learn in simple ways each day. This is the all-important step that is necessary for you to produce the results you are seeking.
Commit that from this day forward you will follow the principles of wealth creation in your life so you can eliminate money pressures, enjoy a life of complete financial freedom and share your abundance with others. I challenge you to make your commitment public in comments below.