Building Wealth - 5 Daily Activities For Attracting Wealth The Easy Way

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By Neil Ashworth

There are no great secrets to building wealth.  Anyone can do it, and many frequently do.  There are certain things that wealthy people generally do that help them attract the wealth that they accrue; they have habits and activities that come natural to them that lead to the abundance the enjoy.  These steps do no guarantee wealth and abundance, but they do lay the groundwork for a more abundant life.

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Step One:  Know Your Goals

Set goals about what you would like to be earning next year, in  five years, in ten years.  Write them down.  If you are conscious of you goals, you are far more apt to try to achieve them.  The status quo will not really be enough anymore, and you will become more aware of income opportunities outside of your weekly paycheck.  With those goals, be sure to note those things in life you want that would become accessible with greater wealth.  After all, money is nothing to us except what it can be used to procure.  Are you most interested in living debt-free?  Do you hope to travel?  Is your goal to live in a bigger house, or another neighborhood? 

Step Two:  Manage Your Money

This does not seem like much of a goal, but think about it: when your money is tight, you avoid this, right?  You have no interest in looking at that bank account when there is nothing in it.  However, in order begin building wealth, you have to be aware of what is in the bank, what your interest rate is, and where your money is going.  Without watching every penny, you will miss the opportunity to open a certificate of deposit at an area bank at a higher interest rate you are earning now, and you may miss that you are spending more than you need to on car insurance or home owner's insurance.

Step Three:  Keep Your Eyes, Ears, and Mind Open

Building wealth is often about seeing and taking advantage of opportunities.  You have a job and a satisfactory paycheck.  This is an important first step, but to achieve your goals, it probably is not enough.  Be aware of what is going on around you, online, in the news, and down the road.  Note money-making opportunities, whether those opportunities are prime stocks to purchase, an opportunity to start a company using your personal skills or passions, or a house for sale at a rock-bottom price that you can buy and rent or re-sell. 

Step Four:  Visualize Yourself Building Wealth

If you do not believe you can reach a goal, it becomes a matter of “wouldn't it be nice . . .”  You are not likely to take steps toward reaching a goal you cannot imagine reaching.  On the other hand, if you believe yourself capable of building wealth, you will look for ways to get closer to that goal.

Step Five:  Change the Way You Think

We can empower or discourage ourselves with the mindset we choose to keep.  Building wealth is only an out-of-reach goal if you believe it to be.  Think like a wealthy person; think like a person with wealth potential.  Talk with your friends about opportunity, not about debt.  Doors will open because you will be looking for them

Lisa HW profile image

Lisa HW Level 6 Commenter 2 years ago

I think Step Three is particularly important. Just within the context of "normal life" (as opposed to the context of building great wealth), I've seen so many times when people do have their goals, do work toward achieving them, but miss a lot of things by focusing only on their own plan-of-action without noticing things that "just kind of come along" and would boost them towards their aims.

A good Hub on concepts people should be aware of.

Neil Ashworth profile image

Neil Ashworth Hub Author 2 years ago

I agree Lisa. Thank you for dropping by to comment. Keep your eyes open and your mind too and you won't go far wrong.

MartyWare profile image

MartyWare 20 months ago

Hi Neil, Nice article on focusing how to get the wealth we all aspire for.

I am sure this will help those who read this who want to grow wealth and reach towards these a brighter life, maybe even ditch the boss!

Marty Ware

The SEO DAD

Neil Ashworth profile image

Neil Ashworth Hub Author 20 months ago

Thanks Marty

Let's hope it finds the right people!

Neil.

prasadjain profile image

prasadjain Level 4 Commenter 17 months ago

Tips are good. One needs to follow these patiently.

jmpruitt1975 profile image

jmpruitt1975 15 months ago

These are really great tips. thank you for sharing. I really like tip #4. so many people fail to realize the power of visualization. It can do so much to transform your life.

chamilj profile image

chamilj Level 4 Commenter 13 months ago

Excellent tips for Building Wealth. Thanks.

jannthomassen profile image

jannthomassen 12 months ago

Hi Neil,all important points. Nice and useful hub.

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