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Category Archives: Wealth
Do you know how to build financial freedom? Do you know what financial freedom is?
Financial freedom is the ability to go about your life, doing what you want to do, without having to worry about money. Sounds cool and maybe too good to be true, right?
Well, it is true because I know a few people who have it. I have blogged a lot about Loral Langemeier and I believe she has financial freedom. Some other people I follow that you may have heard of, like Mike Dillard, Bob Proctor, and Joe Vitale, also have financial freedom. Closer to what I’m doing, Reid Nelson and Dave Johnson are high-ranking Nikken distributors who have achieved it.
Loral Langemeier has a new book coming out on October 13th, and they are expecting it to be a best seller just like her three Millionaire Maker books are.
I’ve talked about Loral several times here, mostly about her Cash Machine Workshop live event. The reason I devote so much time to her is that she is for real. She isn’t selling a program that requires you to spend a wad of money to learn a bunch of new skills so that you can hopefully start to make a little money in a year or two. She encourages you (at the live events she pushes you) to use what you already know to start making money today. Once you are making money, then you spend the money to hire the team that will support you.
I was looking for something to listen to and came across Robert Kiyosaki‘s audio book – Increase Your Financial IQ. It was published in March 2008 and has some very good, current information. I highly recommend it. There was some important information in the first chapter that I want to share here.
In 1971 President Nixon took the US off the gold standard, which changed how our money works. Prior to 1971, the dollar was based on gold, which has intrinsic value. To save money was equal to saving gold, so it made sense to save money for retirement or college because it would hold value.
If your business doesn’t have a business plan then it is in your best interest to create one.
I heard about a study recently of 1600 businesses conducted over a 25 year period about how they used business plans. 70% of the businesses surveyed had no written or verbal plan of any kind, 27% of them had only verbal goals, and only 3% of them had their plan written down. What you need to know is that 98% of all the wealth in those 1600 companies was held by those 3% that had written goals.
Bob Proctor can help you get success for your business in just 6 minutes every day.
I have been subscribed to Bob Proctor’s 6 Minutes to Success for a couple months now and I look forward to it every morning. It is a daily video that is only a minute or two long in which Bob Proctor talks about a specific concept for you to think about during your day.
So far the episodes have covered a wide variety of topics, such as:
- The 6 Steps to Success as described in Napoleon Hill’s Think and Grow Rich
The value of the dollar has been decreasing over the past several years. You know that. You know why too. The government keeps pumping out more money in the form of bailouts and other programs.
Until about 30 years ago, the value of the US Dollar was tied to the value of gold. We were on a gold standard. In 1971 President Nixon abolished the gold standard which made it possible for the government to have more money printed without it being backed up by anything. You’ve got to hear Glenn Beck’s description of this and see his chart. It is amazing and somewhat disturbing.
Wealth Beyond Reason sounds good doesn’t it?
I have used a lot of programs about the Law of Attraction and other related topics from Bob Proctor, James Ray, and others and they are all very good. I highly recommend them. But the absolute best I have come across for how to use all of that information on a daily basis to actually create the life you want is Wealth Beyond Reason by Bob Doyle.
The most important thing Bob teaches in addition to the Law of Attraction itself, is how to clear the resistance that we have. I believe that you will get real benefits from this program.
I have been learning about gold recently. Gold has been used as money since before recorded history. In more modern times it became easier to carry paper money and less valuable coins to pay for goods and services, but the money was still backed by gold and silver. I actually have an old $1 bill that bears the words “Silver Certificate”. In 1971 President Nixon took the US off the gold standard changing American currency to fiat currency.
From Wikipedia: “Fiat money achieves value because a government accepts it in payment of taxes and says it can be used within the country as a “tender” (offering) to pay all debts.”