Financial Freedom

Creating Wealth Secrets – Your Future Financial Plan for Creating Wealth?

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What is your financial plan going forward and for the future if there is no government or social security income, no pension from an employer, or enough income from your 401(k) or other speculations, er, I mean investments – what is your plan for creating wealth; do you have any creating wealth secrets?

For most people today, it’s like paddling one direction along a river and not noticing that the current begins to get stronger and stronger. The sound of the water begins to get louder and louder behind you until you finally look up and realize the current is pulling you quickly downstream in the opposite direction you are paddling, closer and closer to the beginning of the waterfall, ready to consume you. You may be headed toward certain peril but it’s not too late to change course, abandon ship altogether if necessary and get to shore (solid ground, ie, foundation) before you go over the edge and potentially lose everything.

Do you have a plan for creating wealth other than hoping and praying for the best?

Hoping and preying…

  • that things will just turn around all on their own?
  • That millions of jobs will somehow just magically appear,
  • that the huge trillion dollar deficits will just go away,
  • that other countries will just forgive us our debt,
  • that they’ll find the $100+ trillion dollars needed to replenish the social security trust fund,
  • that house prices will return to their over-inflated levels,
  • that silver, gold, oil along with food and energy prices will go down instead of up?

Or are you applying the lessons from these forming trends, to reassess your situation to make better plans, to obtain the necessary education, to learn the necessary skills, to figure out the wealth secrets, to take the necessary action to ensure a secure, a comfortable, or a rich “retirement” period for you?

Maybe that entails picking up a few books on investing for creating wealth to learn what to do with your money, rather than just turning it over to the old stock broker or mutual fund company (how’s that worked out for you with the stock market at the same levels now as it was at over ten years ago?).

Perhaps that means moving to another city or state to decrease your tax burden or where opportunity for success is more prevalent.

Maybe it means spending some time to develop or enhance some skill-set you know will give you a competitive advantage (like mastering marketing with Facebook or building Twitter lists).

It could even mean starting your own part-time business around your existing schedule to get in control of your income, and to create leveraged passive cash flow…

The choice today for creating wealth is yours…

Choosing to do nothing, choosing NOT to make any changes or to not even look up to see where you’re headed IS a choice. What will be your choice?

(By the way, you can decide to choose a new path, a new financial plan whenever you choose. Creating Wealth – Financial Freedom – begins with a choice…)

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Source by Hans Schoff

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