Blog | Personal Finance

Is Your Glass Half Full?

the online game that increases your financial iq - play now

A positive attitude about your financial future can go a long way.

How do you feel about your financial future right now? Are you making changes to obtain financial freedom or are you stuck in a place of worry and fear? Maybe you’ve just given up and are letting others control your financial destiny.

If you are feeling stressed, you’re not alone. According to a new study based on three surveys from 1983 to 2009 by Carnegie Mellon University (published in the Journal of Applied Social Psychology), “women, individuals with lower income and those with less education reported more stress in all three surveys.”

But just because you are stressed like everyone else, this is no reason to accept the status quo and fear the future.

Instead, look at your situation from a positive angle. If you don’t have anything, you have nowhere to go but up. And if you are stressed about a lack of money and education, use this to your advantage and take action!

Learn about the economy, know what’s going on in the world and discover what you need to do to control your financial future. This is financial education… the “unfair advantage” of the rich that Robert and I discuss in our presentations all over the world.

Get a Financial Education.

Times have changed, and you need to change with them. As I talk about in It’s Rising Time!, I was taught to focus on acquiring income – go to school, get a good job and work hard my entire life to continue to get pay raises. Well, when I looked at my first income statement and balance sheet, the light went on, and I realized that this traditional way of thinking doesn't work.

I made the revelation that the key to financial well-being is to focus on acquiring assets, not acquiring income.

After that, I focused on acquiring assets, and my life became easier. I no longer worked for money… I made it work for me. It’s just a different way of looking at things that will help you reach your financial goals and reduce some of the stressors in your life.

Just because you don’t have money or an education, this is no reason to give up on your dreams of financial freedom. First, change your attitude. I don’t want to hear excuses. You are probably in a temporary situation you can do something about! Next, take action. Make your financial goals a priority, and do what it takes to get a financial education. There is plenty of information out there. You just need to access it and apply what you learn.

With the world in economic chaos, high unemployment rates and rising prices, it can be easy to stress out and be negative. Instead, start acting and thinking in a positive way. You can change your situation for the better and experience financial freedom.

Make your goals a priority, acquire the financial education you need to make your dreams a reality and take action. You too can learn how to use the unfair advantage of the rich and be successful… no matter how stressful things get!

For more information to help you reach your financial freedom goals, check out our free community here.

Original publish date: June 21, 2012

Recent Posts

Understanding the History of Money is The Key to Being Rich
Personal Finance

Understanding the History of Money is The Key to Being Rich

Leveraging information to create knowledge that makes you rich.

Read the full post
Building a Successful Business
Entrepreneurship

Beyond the Idea: Building a Successful Business in Today's Competitive Market

Find your purpose, give it shape through the B-I Triangle, and learn as much as you can along the way. In this way, you can be both successful and happy.

Read the full post
7 Ways Crypto Differs from Stocks
Cryptocurrency

7 Ways Crypto Differs from Stocks: A Comprehensive Guide

The crypto and stock market may seem similar on the surface, but once you dive deeper, you’ll find that they are fundamentally different.

Read the full post