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7 Simple Ways To Attract Money To You

7 Simple Ways To Attract Money To You

Are you the one who’s always complaining about never having enough money or maybe you’re not as financially successful as your peers or colleagues? Have you ever wondered what the “secret sauce” was or what exactly you could be doing differently to increase your financial success in life? Well, if you follow these seven tips then you are going to learn exactly how you can take charge of your money and fill your wallet with green!

1. Educate Yourself

The first step to increasing your income or building wealth is to educate yourself. If you only have a high school diploma then consider getting your Associate or Bachelor’s degree. Education can open up many doors to career advancement and higher pay. And remember, education doesn’t stop after you’ve finally gotten your college degree! There are plenty of things to learn about life long after you’ve graduated from college! Find something that you love doing and learn as much about it as possible! It’s impossible to know everything but the more you know, the better!

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2. Networking Is Key

Networking and actually connecting with other people in your field can open up many new opportunities for career advancement. Not only should you network with people inside of your field but also network with people outside of your field. You never know what you may learn by networking with people of different occupations and trades. You may even find a new interest or hobby in the process. And remember, networking does not mean to hand someone your business card. True networking is about forming meaningful connections by engaging in actual conversation.

3. Share Your Knowledge

Share your knowledge. Create videos, power points, e-books, or even write a blog and give them away for free to other people in your industry! When you give back others in the form of knowledge, you are also giving back to yourself by establishing yourself as an expert in your field. Establishing yourself as an expert is important if you want to succeed in your career and rise to the top. People are more likely to trust you with more important roles or tasks once you’ve established yourself as the expert.

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4. Discipline Yourself

When it comes to building wealth, having knowledge is important but self discipline is even more important. You have to realize that no matter how hard you work or how badly you want to build wealth, it’s going to require hard work and a lot of patience. It won’t happen overnight. Many people realize that it doesn’t happen overnight but they still fail to discipline themselves and work hard everyday in order to accomplish their long term goal of building wealth. If you can master the art of self perseverance then you’ve got what it takes to become financially successful.

5. Don’t Be Afraid To Ask For Help

In your journey towards building wealth, don’t ever be afraid to ask for help. You shouldn’t ever be afraid to ask a question no matter how simple or obvious the answer is! It’s better that you get help now rather than suffer the consequences of not getting help later. You can’t do everything on your own when it comes to building wealth so don’t ever be afraid to seek guidance. Also, you shouldn’t do something just because somebody told you to, you must learn how to identify between good advice and bad advice in order to succeed in life.

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6. Learn From Successful People

Learn from success stories from the past. Read up on articles, books, and documentaries on financially successful people. Learn what they did to become successful and what you could do to maybe follow in their footsteps. After learning from successful people, determine the path that you are going to take in order to become successful. This a great way to obtain a rough idea of what it takes to truly succeed financially in life.

7. Learn From Your Failures

Focusing on success can blind you from the most important thing of all which is to learn from your failures and mistakes so that you do not make them again. Learn to identify failures and educate yourself so that you do not make the same mistake twice. If you ever want to become rich then ask yourself this, “What have I done in life so far that has resulted in me not being rich and what can I do to change that?”. If you can learn from your failures and change your bad habits and form good ones then you are one step closer to becoming financially successful in life!

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

More About Thinking Smart

Featured photo credit: Austin Distel via unsplash.com

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