Unfavorable Outcomes & Wealth Building

Learn how you can use financial planning to lighten the burden on unfavorable outcomes that will occur during your life…

 

The week of July 20th, 2019 to July 27th has been quite interesting!

 

With the stabilizer link (sway bar) on the vehicle of the creator of TheWealthIncreaser.com going out at the “beginning of the week” and the car battery (less than 2 years old) going out at the “end of the week”– to the transition of my father in the middle of the week–to my only niece on my side of the family having emergency surgery that was scheduled for 1 hour (lasted several)–and my only living uncle on my mother’s side of my family going on life support–adversity seemed to come from all angles.

 

Oh, and did I mention I was unable to get a haircut at the end of the week because my barber’s wife had to have surgery!

 

My purpose for stating the above is that we never know what life will throw at us, however we can “plan” to lighten the burdens that we will face throughout our lifetime.

 

On a positive note during that same week the creator of TheWealthIncreaser.com was able to get a traffic violation ticket (1st in over 25 years) dismissed in court.

 

In this discussion TheWealthIncreser.com will show you the importance of why you must get out in front of your finances to ensure a more prosperous and productive future in all areas of your life.

 

 

  • Use Financial Statements to Add Clarity to Your Future
  • Master Your Credit & Use Credit Wisely
  • Gain a Comprehensive Understanding of Your Finances

 

 

It is important that you see your future clearly and personal financial statements can assist you in a major way by allowing you to know where you now stand so that you can put together plans that will take you where you need or want to be.

You want to put yourself in position where you use your mind to look out in the horizon and see the steps that you need to take and see a clear path that will lead you to a destination that serves your and your family’s best interest.

 

It is important that you understand your credit and you know ways that you can boost your score (if you have a need to utilize credit in your future) and use credit wisely.

You must know how you can pay down your debt, know the importance of paying on time, keeping your utilization rate at an acceptable level, know the importance of applying for credit sparingly if your goal is to build your credit, and know the importance of keeping older accounts open and let time do what it does–build your score if you do all of the preceding consistently.

You may also want to know when it is wise to ask for a credit limit increase, know how to remove negative information from your credit reports and possibly piggyback on someone else’s good credit if you are trying to build your credit quickly.

 

It is important that you have a comprehensive perspective of your finances so that you can address and fine tune what needs to be addressed and fine-tuned on a consistent basis.

You must know what you need to address financially if you desire to achieve at a higher level, therefore you must know in a comprehensive way what you must address so that you will give it your best as you march forward on your path to success!

 

Conclusion

 

In life obstacles will be placed in front of us—often at the same time and from different angles and it is important that you do all that you can on the front end to lessen the impact that the challenges of life that we will all face here on planet earth will have on our future success and well being.

 

You must know the importance of properly establishing an emergency fund, know where you are in your “life stage” and use the above financial management techniques to your best advantage on a consistent basis.

 

You want to ensure that insurance is in place for you and others that you may have an insurable interest in.

 

You want to invest both “inside of your retirement accounts” and “outside of your retirement accounts” with your investments so that you can maximize your tax position and plan for retirement in a more efficient manner.

 

You want to make sure that you have a will in place or you have done estate planning in the right way.

 

You want to plan for your or your loved ones education planning in an appropriate or more realistic manner.

 

All the best to using your strength to rebound from unfavorable outcomes and achieving optimally throughout your lifetime…

 

All the best to overcoming adversity and unlimited success…

 

Return to Top

 

Learn how an “Unfavorable Outcome” led to the creation of this site…

 

Return from Unfavorable Outcomes & Wealth Building to Financial Mindset of Resilience

 

 Return from Unfavorable Outcomes & Wealth Building to Adversity & Personal Finance

 

Return from Unfavorable Outcomes & Wealth Building to Choosing to Win & Wealth Building

 

 

Return from Unfavorable Outcomes & Wealth Building to Who is the creator of TheWealthIncreaser.com

 

 

Copyright ® 2014-2019—TheWealthIncreaser.com—All Rights Reserved

 

Choosing to Win & Wealth Building

 

Learn why you must not let life’s difficult challenges refocus your wealth building efforts–or any of your efforts…

 

On this day—July 25th 2019 the transition of the father (Wesley Penn) of the creator of TheWealthIncreaser.com occurred.

 

Even though gone in the flesh the one who brought the creator of TheWealthIncreaser.com into the world  will live forever in the minds and hearts of many.

 

In the life that we will live on planet earth it is important that you realize that adversity or unwanted occurrences will happen during your lifetime.

 

You must be as prepared as possible for what may lie in your future even though it may be unexpected.

 

In addition, you must have the mindset that you will be resilient and move forward at the various stages of your life.

 

You also want to have a mindset that says I will achieve and plan for the future in a manner that leads to success for not only myself, but my future generations as well.

 

In this discussion TheWealthIncreaser.com will show you the importance of responding positively to adversity, properly establishing an emergency fund and addressing your need to create a will or do estate planning at the various stages during your life.

 

Adversity

 

It is important that you always respond positively to difficult challenges that occur throughout your lifetime.

 

You must know and expect that difficult stretches will occur during your lifetime and you want to plan in advance to lessen the effect that “bad happenings” will have on your present state of mind and your future movement.

 

Emergency Fund

 

You want to plan for emergencies both financial and non-financial so that you can achieve at a higher level throughout your life.

 

A properly established emergency fund will help you smooth our financial woes that will occur when you least expect it or provide you the needed funds so that you won’t have to borrow or take out debt to meet your obligations—whether they be financial or non-financial.

 

Estate Planning/Wills

 

You must plan for your future and the earlier that you get started the better.  If you start early and use the right tools to reach your desired goals—you can put yourself in position to leave a windfall for your future generations.

 

You must avoid probate—therefore at a minimum you want to create a will and if your financial condition is strong—possibly estate planning such as trusts and other more advanced wealth transferring options.

 

Life Stages

 

You must realize that a conceptual understanding of the stages that you will go through during your lifetime as it relates to your finances is mandatory in the current economy.

 

You want to know what is required of you and what you must do during the various stages in your life.

 

In your 20’s, 30’s, 40,s etcetera you want to know the right or best moves to make.

 

Conclusion

 

Even though we may not know what life will throw at us it is important to plan for the future and use what is now available to you to enhance your future and make your dreams come true.

 

Although life on planet earth is filled with many twists and turns it is you who must keep it all together and realize (know) that better days lie ahead in spite of how difficult things seem—and often is—during the time period that you are experiencing them.

 

Stay positive and do all that you can to move forward in spite of difficult times now—or those that you will undoubtedly face in your future.

 

All the best to your winning success…

 

Return to Top

 

Return from Choosing to Win & Wealth Building to who is the creator of TheWealthIncreaser.com

 

Copyright 2014-2019©–TheWealthIncreaser.com–All Rights Reserved

 

 

Money Creating Activities & Wealth Building

Learn how you can discover new and possibly more rewarding ways of creating wealth in the current economy…

 

Over the years the creator of TheWealthIncreaser.com has stressed the importance of increasing your income, cutting your expenses—or doing a combination of the two in an effort to get you on a more efficient path toward making your dreams come true.

 

In this discussion TheWealthIncreaser.com will show you how you can possibly earn more income or cut your expenses if you are one who desire to reach your goals in a more time efficient manner.

 

By doing so you can begin and/or continue to enjoy life on your terms—not on the terms of creditors and others who may not have your best interest in mind.

 

  • Ways that you can possibly increase your income…

You can look at additional income from businesses that now flourish in the new economy such as uber, lift, amazon, grubhub and many others that are now on the scene that allow you to earn income based on an “application” and/or your willingness to participate.

 

You can go to sidehusl.com to learn about the history and strength of companies that you may be considering to help increase your income—as they have done the research on a number of “new economy” companies that are now gaining in popularity.

 

In addition, don’t be afraid to “think outside the box” and pursue other ways of earning income that only your mind can come up with.

 

In the same manner as the creator of TheWealthIncreaser.com went out and obtained additional skills when the market for home buying and home selling was changing (A+, Network+ and Security+ Certifications) so too must you be motivated to gain additional skills that will allow you to prosper in your future.

 

Fortunately the housing market rebounded and the creator of TheWealthIncreaser.com did not have to use the credentials to directly earn income–however, valuable knowledge was obtained that has been applied on a consistent basis that has allowed the creator of TheWealthIncreaser.com to achieve at a higher level of excellence in all areas—including the housing market.

 

  • Ways that you can possibly cut your expenses…

You can cut your expenses by analyzing your inflow and outflow of cash on a monthly and annual basis.

 

You also want to know where you stand at this time from a balance sheet, income statement and net worth point of view.

 

Can you pay less for cable, internet, phone, utilities, insurance, education, food, clothing etc. and come up with more income?

 

Can you add a roommate or other family member to help reduce or eliminate certain expenses?

 

You must analyze—ask and come up with answers to these—and other pressing questions so that you can move forward—not backward!

 

  • Ways that you can do a combination of the two…

You can possibly increase your income and cut your expenses by getting others (roommate, sibling, family and friends and others) to help in the increasing of your household income and/or the reduction of your expenses on a monthly and annual basis.

 

You are the one who is uniquely familiar with your current financial position and money management personality and it is you who must find new ways to increase your income or cut your expenses so that you can reach or exceed your goals.

 

Conclusion

 

You must ask and answer “why” you want to increase your income and/or decrease your expenses!

 

It is the motivational level that resides inside of you that is the real key to creating the future that you desire.

 

You have what it takes inside to pay off or pay down your debt if you are highly motivated and you want to pay off or pay down your debt for the right reasons.

 

You must gain the “mental working knowledge” that is needed at this time that will allow you to achieve at your highest level.

 

You must realize that talk is talk, but what are you doing as far as action that will help manifest what you desire to occur so that you can be of benefit to others.

 

Whose life are you improving—who is there for you?

 

What are you doing at this time to make your dreams come true?

 

If you have struggled financially in your past or you are presently approaching your future with disdain–you can now look at what lies ahead from a success vantage point–and avoid the rain!

 

Now is the time that you find your path to success and put together “money creating activities” at a level that is your absolute best!

 

All the best toward your money creating activities and future success…

 

 

Return to Top

 

Return From Money Creating Activities to Money Management & Wealth Building

 

Return From Money Creating Activities & Wealth Building to 100 Money Saving Strategies

 

Return From Money Creating Activities & Wealth Building to Tax Shelters

 

Return From Money Creating Activities & Wealth Building to Goals & Personal Finance

 

Return From Money Creating Activities & Wealth Building to Who is the creator of TheWealthIncreaser.com

 

Copyright© 2014–2019–TheWealthIncreaser.com–All rights Reserved

 

Money Management & Wealth Building

 

Learn if you have the money management skills that you need to achieve financially and build wealth more efficiently in the current economy…

 

In the current economy many are trying to find a better way to manage their finances and achieve their goals more efficiently.

 

Over the past few years TheWealthIncreaser.com has received numerous emails on the subject matter and TheWealthIncreaser.com thought that the time was right to create a page specifically dedicated to that topic.

 

When it comes to money management it is important that you know your money management style as we all have approaches to money management that we pick up during our lifetime.

 

In this discussion TheWealthIncreaser.com will show you effective ways that you can build wealth and manage your finances that will provide you an unwavering path toward the success that you desire.

 

  • Know where you are and where you are headed…

It is important that you determine your current financial position and a personal budget or cash flow statement will get you moving fast on that front.  You must get a real GRIP on your current financial condition and where you want to go at this time.

 

By doing so you will improve your AIM and the direction that you want to go during your lifetime to a higher level and success along with increased wealth  is more likely to occur.

 

  • Know how you will get there…

You must have the income that is needed to take you toward your destination (goals) and if you currently lack the income to move toward the goals that you desire or need to achieve you must:

 

*get more income

*cut expenses

*do a combination of the two

 

It really is just that simple—therefore you must put a plan in place at this time that will allow you to have the “discretionary income” to achieve your goals—regardless of what they may be!

 

  • Know what to do to maintain and build on your success…

Once you start accomplishing your goals you must re-analyze and fine tune your goals on a consistent basis.

 

You want to ensure that you have addressed and continuously improve upon your insurance, investments, taxes, emergency fund, education planning, estate planning/wills and retirement planning so that you can go through the various stages of your life where you have a high level of confidence about what you can do in your future.

 

Conclusion

 

Your money management personality plays a major role in the success that you will have in your future.  By evaluating your money management style at this time you can build wealth more efficiently and increase your net worth on an annual basis.

 

At this time—YOU possess the ability to direct your future and make good choices when it comes to managing your money throughout your lifetime and it is the desire of TheWealthIncreaser.com that you will make good choices and reach all of your goals.

 

All the best toward your money management success…

 

Return to Top

 

 

Return From Money Management & Wealth Building to Financial Statements

 

Return From Money Management & Wealth Building to Credit Card Payoff

 

Return From Money Management & Wealth Building to Finance Improvement

 

Return From Money Management & Wealth Building to Self-Improvement & Personal Finance

 

 Return From Money Management & Wealth Building to  Who is the creator of TheWealthIncreaser.com

 

Copyright 2014-2019©--TheWealthIncreaser.com–All Rights Reserved

 

 

Forward Thinking & Wealth Building

Learn why it is important to think about “where you want to go” as you build wealth…

 

In the current economy it is important that you take a serious look and analyze what lies ahead or what potentially lies ahead as you build wealth.

 

Although no one knows what their future holds—it is still important that you give serious thought to how you can direct your future, build wealth and enjoy your life on your terms.

 

In this discussion TheWealthIncreaser.com will look at ways that you can think about your future and then move to action to make what you think about happen in real time.

 

It is important that you leave your past in the past unless you use your past as motivation to move forward, know where you presently are so that you can put a plan in place that will move you forward and think about and put into action–steps that will move you forward in new and more empowering ways.

 

*Dealing with your past…

 

It is important that you realize that you have a past—however you must not let your past limit you or slow you down in any way.  You must make it a point to learn from negative actions in your past and build upon positive actions in your past.

 

In short, it is you–who control the path to making your dreams come true!

 

*Dealing with your present…

 

You must let your past be in the past and know where you now are so that you can build a better future.

 

You must know your current cash flow position, your current credit position and your current level of financial knowledge so that you can put effective plans in place to enhance your future.

 

At this time you control the direction that your life can go–and it is up to you to get results that will show!

 

You possess the ability to make the commitment to obtain a financially alert mind and “not just” financial literacy and really achieve at a higher level of excellence.

 

*Dealing with your future…

 

By thinking about your future and putting in place measurable action steps you can reach your goals more efficiently and achieve at a higher level.

 

You must know your current cash flow position, have a handle on your credit and know how to manage your credit effectively throughout your lifetime so that you can position yourself to know how to manage all areas of your finances throughout your lifetime in a highly effective manner!

 

You can plan those yearly vacations that you desire, you can live at a higher level and entertain and save at a higher level, you can donate to your favorite charities in more effective ways–however all of that and more, requires that you plan your future in a more efficient and effective way–starting today.

 

Conclusion

 

It is your responsibility to analyze your past, present and future and come up with better ways to achieve your goals both financial and non-financial.

 

By taking the right steps at the right time you can positively build off your past and current positions and achieve far more if you take the right actions on a consistent basis.

 

Today is “the day” that your “forward thinking” puts you on a path to “achieving your goals” in a better way!

 

All the best toward your future success and putting excuses to rest…

 

Return to Top

 

Return from Forward Thinking & Wealth Building to The Three Step Structured Approach

 

Return from Forward Thinking & Wealth Building to Success Planning Page

 

Return from Forward Thinking & Wealth Building to Who is the Creator of TheWealthIncreaser.com

 

Copyright 2014—2019®—TheWealthIncreaser.com–All Rights Reserved

 

Taxing Subjects & Wealth Building

Learn more about taxes and how you can use that knowledge to build wealth…

Understanding your income taxes at a basic level is important in the current economy and with recent changes to the tax laws it is more important than ever that you understand your taxes at the state and federal level and know some of the ways that you can minimize your taxes and build wealth more efficiently.

 

In this discussion TheWealthIncreaser.com will briefly discuss a number of individual tax topics as it relates to the IRS that could possibly be of benefit to you or a loved one.

 

It is important that you understand that you have a “bill of rights” that came into effect in 2014 (give thanks to National Taxpayer Advocate Nina Olson) that outlines what you can and can’t do as it relates to filing your federal income taxes and your relationship with the IRS if you are a U.S. citizen or subject to taxation by the IRS.

 

Your Rights:

 

*Be Informed *Quality Service *Pay no more than the correct amount of tax * Challenge the IRS’s position and be heard *Appeal an IRS decision in an independent forum *Finality *Privacy *Confidentiality *Retain representation *A fair and just tax system

 

Go to taxpayeradvocate.irs.gov/taxpayer-rights to learn in more detail about your rights…

 

What is the difference between injured spouse and innocent spouse?

 

Injured Spouse

A: An injured spouse is simply someone whose tax refund is used to cover the past-due debts of a spouse or exspouse. When married taxpayers file a joint return, each spouse has an interest in the jointly reported income and in the debt.

 

Generally: If you file Form 8379 with a joint return electronically, the time needed to process it is about 11 weeks. If you file Form 8379 with a joint return on paper, the time needed is about 14 weeks. If you file Form 8379 by itself after a joint return has already been processed, the time needed is about 8 weeks.

 

It will primarily benefit you if you file form 8379 and you are the spouse who is injured (the injured spouse) on a jointly filed tax return when the joint over-payment was (or is expected to be) applied (offset) to a pastdue obligation of the other spouse.  By filing Form 8379, as the injured spouse you may be able to get back your share of the joint refund that was initially taken by the IRS to settle a debt that was owed by your spouse.

 

To qualify for an injured spouse claim, you must meet the following conditions:

 

You are not required to pay the past-due amount.

 

This means that the debt is one which your spouse incurred before you got married or that the debt is one for which only your spouse is liable.

 

Form 8379 lets you (the “injured spouse“) get back your portion of a jointly-filed refund if it’s seized or offset to pay your spouse’s debt. You must file jointly to use this form. Filing an 8379 will delay your federal refund by up to 14 weeks.

 

But it could — if you file the injured spouse form allow you to get back a portion of the refund.

 

As an injured spouse, you are in essence asking the IRS to pay attention to whether you or your spouse has the refund and who has the debt. 

 

It’s not just federal tax debt that gets collected. A potential refund could be used to offset past-due child support, defaulted student loan payments, state or local taxes, or any other money owed to a state or federal agency. The IRS will inform you and your spouse if an offset takes place. A formal Notice of Offset will be mailed to the taxpayer’s address, which gives the taxpayer time to respond by filing Form 8379 as an injured spouse [source: IRS].

 

For example, if you were newly married, and were filing taxes jointly for the first time and you always filed individually in the past and you were used to getting a nice refund and your spouse doesn’t usually receive a refund because the IRS garnishes any tax over-payments to cover past-due student loans–you could potentially file as an injured spouse using form 8379.

 

Once you file as a couple, your refund will be used to cover your spouse’s back student loan payments. By filing for injured spouse relief, you are asking the IRS to keep your refund away from your spouse’s debt.

 

The IRS takes many things into account when calculating how much the injured spouse might be due. There are two formulas used, including subtracting your share of joint liability from your share of the credits and income. There is also a separate tax formula, which looks something like this [source: IRS]

 

IRS Formula:

 

(Injured spouse’s separate tax liability / Total of spouses’ separate tax liabilities)
x Joint tax liability shown on return= Injured spouse’s share of liability

Instructions for filing…

Innocent Spouse

By requesting innocent spouse relief, you can be relieved of responsibility for paying tax, interest, and penalties if your spouse (or former spouse) “improperly reported items or omitted items” on your tax return.

 

The IRS will figure the tax you are responsible for “after” you file Form 8857!

 

In contrast, as mentioned above an injured spouse is someone “whose tax refund is used to cover financial obligations” of a current or former spouse.

 

Please note that the financial obligations can be outside of your federal income taxes as mentioned above!

 

You are an injured spouse if “your share of the over-payment” shown on your joint return was, or is expected to be, applied (offset) against your spouse’s legally enforceable past-due debts.

 

IRS Definition:

 

Innocent spouse relief provides you relief from additional tax you owe if your spouse or former spouse failed to report income, reported income improperly or claimed improper deductions or credits.

 

If you qualify for Innocent Spouse Relief, you “will not” be held responsible for your spouse or ex-spouse’s unpaid taxes.

 

You may qualify as an Innocent Spouse if all of the following are true:

 

*You filed a joint tax return.

*Due to the circumstances, it would be unfair to hold you liable for the unpaid taxes.

 

Am I responsible for my spouse’s debt?

 

If you were married when your spouse incurred the back taxes, then yes.

When you file jointly, then you assume “joint and several” liability.

 

Instructions for filing…

You must file Form 8857, Request for Innocent Spouse Relief, to request any of the methods of relief. Publication 971, Innocent Spouse Relief, explains each type of relief, who may qualify, and how to request relief.

 

What is the benefit of purchasing a home as it relates to the filing of my income taxes?

 

If you purchase a home you will enjoy the benefits of your own dwelling (privacy, equity build up, peace of mind and the like) along with a number of potential tax advantages at the federal and possibly state level as well.

 

Those advantages will be unique to you based on your income, family size, state of residence, loan amount, real estate taxes paid, interest paid, whether you have mortgage insurance and the timing of your purchase among other factors.

 

It is important that you put yourself in position for success by knowing on the front end whether you are properly prepared to purchase and you know how you will benefit in a proactive way–not after your purchase.

 

What effect does interest and investment income have on my taxes?

 

It depends on the amount and whether the interest and/or investment income was earned inside or outside of your retirement account.

 

If earned outside of your retirement account(s) you may have to pay annual taxes at your ordinary income or capital gains tax rate depending on the type of account and the amount of your income.

 

Your family size and whether you itemize deductions and other factors will have some effect on the overall taxes that you will pay or the amount of refund you will receive.

 

If earned inside of your retirement account(s) you may defer or possibly avoid taxation until your retirement years or possibly later depending on the “type” of investment and your (including your spouse if filing jointly) overall income at the time of retirement and the years thereafter.

 

Conclusion

 

Taxing Subjects can be a broad area and this discussion only touched the surface as far as taxes are concerned.

 

Even so, your high level of comprehension and proper application of the subject matter that you learned in this discussion that you can use in your life at this time (or later on down the road) can put you far ahead of those who go about their daily life with no real concern or understanding of their tax position and where they want to go in life.

 

Also be aware of and look for ways that you can improve your tax position in other areas outside of your income taxes.  Can you improve on the payment of your real estate taxes, ad valorem taxes, sales taxes, utility fees, telecommunication fees and other taxes or fees that are not defined as taxes but have the same effect?

 

All the best toward paying less and continued success…

 

 

Return to Top

 

Return From Taxing Subjects & Wealth Building to Investments & Taxation

 

Return From Taxing Subjects & Wealth Building to Home Ownership & Taxation

 

Return From Taxing Subjects & Wealth Building to All About Taxes

 

Return From Taxing Subjects & Wealth Building to Atlanta Tax Preparation Company

 

Return From Taxing Subjects & Wealth Building to Who is the creator of TheWealthIncreaser.com

 

Copyright 2014–2019–TheWealthIncreaser.com–All Rights Reserved

 

 

Good Intentions & Wealth Building

Learn why your “good intentions” won’t lead to the success that you desire if you don’t have a serious action plan…

 

In the current economy many are coming to the realization that they must do more in the financial realm of their life and they have good intentions as far as starting and pursuing a serious path toward financial freedom and wealth building.

 

Although that is a good first step and important realization it is important that you combine your good intentions with a serious plan toward building wealth.

 

In this discussion TheWealthIncreaser.com will show you how you can use your good intentions to achieve far more in the current economy.

 

What are you motivated toward achieving?

 

It is important that you have a high level of motivation as that will help propel you toward the goals or good intentions that you now have.

 

You must know why you want to achieve the goals that you choose and you must use that “why” as a guiding force to reach higher and achieve at a level that is your absolute best.

 

What are the consequences of the choices that you make?

 

It is important that you choose goals that are meaningful and significant to you and your family and you must realize that even though you may have good intentions–bad outcomes or consequences may occur from time to time.

 

It is important that you prepare your mind with the right knowledge on the front end so that you can achieve positive outcomes that align with your good intentions.

 

What action(s) will lead you toward the outcomes that you desire?

 

It is important that you know the action steps that you need to take at the various stages of your life that will propel you and your family forward on a consistent basis.

 

Will you put together a budget or personal cash flow statement so that you can improve your focus?

 

Will you put in the required effort to maximize your credit knowledge and credit score?

 

Will you spend the time that is necessary to review and improve upon your insurance, investments, taxes, emergency fund, education planning, estate planning/wills and retirement planning?

 

These are basic questions that you must ask and answer in a sincere way if you are to achieve more on a consistent basis—starting today.

 

Conclusion

 

Although you may have good intentions and desire success—you must realize that attaining that success is normally a process.

 

Your level of motivation along with your real desire to achieve will normally take you to where you need to be if you arm yourself with the right knowledge and preparation at the right time.

 

You can make positive outcomes occur on a consistent basis by knowing what you need to do in advance and applying that knowledge on a consistent basis throughout your lifetime.

 

Use the good intentions that you have at this time to make something BIG in your life materialize in your future.

 

From this day forward you no longer have to be a victim of your own self-doubt and insecurity!  From this day forward you must believe in you and know that you are capable of making “your own dreams” come true!

 

You must never let your setbacks that may occur or what others may say send you in the opposite direction of the success that is already yours. 

 

By moving forward with your good intentions and mastering the action steps in this discussion (or choosing another source that can lead you forward) you will soon have the thought process and action steps that will provide you the right movement on a consistent basis!

 

However, you must realize that good intentions on your part will sometimes lead to bad outcomes or consequences.

 

Even so you must press on and consistently move toward the goals that you desire.

 

All the best toward attaining major success–as now is “not” the time to rest…

 

Return to Top

 

Return From Good Intentions & Wealth Building to Personal Financial Statements

 

Return from Good Intentions & Wealth Building to Motivational Thoughts & Personal Finance

 

Return From Good Intentions & Wealth Building to Finance Improvement

 

Return from Good Intentions & Wealth Building to Who is the creator of TheWealthIncreaser.com

 

Return from Good Intentions & Wealth Building to Action & Personal Finance

 

Copyright 2014—2019© TheWealthIncreaser.com–All rights reserved

 

Difficulties & Wealth Building

 

Learn why difficulties at various points during your life will occur, however you must know that you can still build wealth and achieve lasting goals…

 

It is important that you realize that difficult times will happen to us all, and it is very important that you understand that difficult times will occur as you build wealth.

 

However, it is how you respond to the difficult challenges that will occur during your lifetime that is the real key to your long term success.

 

Over the years the creator of TheWealthIncreaser.com has seen  many who were on a serious path to success face difficult bumps along the way that derailed or slowed down their path to success—but did not deter the success that they so desperately wanted to achieve because they had a strong foundation.

 

You too must cultivate a “mindset of endurance” as it relates to your goals and it all starts with a “plan of action” on your part to detail a path toward the goals that you desire.

 

In this discussion TheWealthIncreaser.com will show you why difficulties during your lifetime are to be expected—however the success that you desire or need to achieve should also be expected (inside your mind and heart) on a consistent basis.

 

Once you put in place a plan that will take you toward the success that you desire you must also “plan for” uncertainty, adversity and difficult times that will undoubtedly occur as you build wealth.

 

A properly established emergency fund will act as a shield to protect you and your family when difficult times occur in some instances.

 

However, non-financial difficulties that life will throw at you in other areas of your life will also occur!

 

During these periods of your life you may feel empty–therefore you want to do all that you can in advance to prepare your mind and heart so that you can overcome any difficulty that you will face along the way–and still reach or exceed your goals.

 

By equipping your mind with the “mental qualities” that are needed for success at the highest level that is within you—you will be equipping your heart and mind with the right information that can propel you during difficult times and challenges during your lifetime.

 

Conclusion

 

A plan of action is a good starting point as you build wealth, however you need far more than that if your goals is to achieve lasting success.

 

You must be fully aware that it is your responsibility to prepare your mind for difficult challenges that will undoubtedly be in your future.  Your decision to land on this page and navigate this site at this time shows a real commitment on your part to meet that responsibility.

 

By preparing your mind with the right information on a consistent basis you can not only build wealth more effectively and efficiently, you can strengthen your level of determination to a point where difficult challenges that occur during your lifetime will be managed more effectively and the joy that you desire can be achieved at a much higher level.

 

All the best to overcoming difficulties and achieving lasting success…

 

 

Return to Top

 

Return from Difficulties & Wealth Building to Adversity & Personal Finance

Return from Difficulties & Wealth Building to the Three Step Structured Approach to Managing Your Finances

 

Return from Difficulties & Wealth Building to Who is the creator of TheWealthIncreaser.com

 

Copyright 2014 to 2019©—TheWealthIncreaser.com–All Rights Reserved

 

Foundation & Wealth Building

Learn why a “strong financial foundation” lies at t he center of your future wealth building success…

 

It is important that you realize that a strong financial foundation is what you need at this time if you are to succeed and build wealth in a more appropriate manner throughout your lifetime.

 

It is important that you live for the future in a manner where worry, anxiety, fear, frustration, lack of effort and excuses play no meaningful role in your forward movement.

 

If you now lack a strong financial foundation it is important that you “at this time” make a real commitment to have a very strong foundation as you pursue your wealth building efforts as that foundation will set you apart from those who struggle daily in the management of their finances.

 

In a similar manner as a weak foundation in the building of the San Francisco  Millennium Tower made what appeared to be a beautiful creation on the inside and outside—but the foundation was faulty—so too must you be aware of the foundation that you lay as you build wealth.

 

If you do not possess what it takes on the inside to build a foundation that cannot be shaken you are selling yourself and your family short when it comes to building lasting wealth.

 

Even though it may appear to you at this time that you possess what is necessary and you are headed on an upward trajectory—you must take steps at this time to ensure that you will achieve at your highest level of excellence—and it all starts with a strong foundation.

 

In this discussion TheWealthIncreaser.com will show you in emphatic terms why a strong financial foundation is not only the key to your success, but will provide you the impetus to achieve at a level that allows you to pursue your financial goals in a manner where you will give it your absolute best!

 

Step 1

 

Determine your level of financial knowledge and financial preparation that you have at this time…

 

You must analyze where you now are with your financial level of understanding and you must use that knowledge as a guide to let you know that more work is required of you—if you truly desire to make your dreams come true.

 

You must know your areas of strength and know your money management personality so that you can take a more introspective (look deep inside your mind, heart and soul) approach as you move toward the goals that are most important to you—whether they be financial or otherwise!

 

Step 2

 

Determine if you have what it takes on the inside to achieve optimally…

 

You must realize that those who purchased at the San Francisco Millennium Tower thought that they had what it took on the inside and outside to achieve financially and enjoy a beautiful dwelling.

 

However, they did not properly analyze the foundation of the building and in some cases it cost them possibly  thousands of dollars (or even more) by being in an adverse position–when it really didn’t have to be that way.

 

When it comes to your financial foundation you must know what is the appropriate knowledge that you must know that will allow you to achieve results that will show!

 

If you fail to do a careful, critical, analytical and accurate assessment of where you truly stand at this time as far as your finances are concerned—you are demonstrating an unwillingness to confront your finances and the foundation that you desire to start or that you have already started as it relates to your wealth building will-possibly look good to you on the inside and outside (your heart and mind may feel that you are doing great) but the generational wealth building success that you need or want to achieve may be lacking.

 

Step 3

 

Know that a faulty foundation will send you backward or at best keep you where you are now at…

 

Even if you have what it takes on the inside (have fire and desire inside your heart and mind) to successfully achieve at what appears to be a high level—you can do far more on a daily basis if you start off with a strong credit and financial foundation.

 

You can get momentum rolling and turn your current position into one of lasting success if you acquire the right knowledge and you apply that knowledge in a manner that works with your mind and propels you toward the future goals that you desire.

 

You possess inside the “ability to choose” a new and more rewarding way to achieve wealth building success today.

 

Conclusion

 

The mere fact that everything looks good from the outside (or even the inside) does not mean that all is well!

 

You must approach your financial future with a “comprehensive perspective” and you must know that major success lies ahead if you properly turn the gravel and analyze the soil (know where you now stand and sincerely look for real ways to achieve more).

 

You don’t have to approach your future in a fearful or cautious manner if you make the decision at this time to build a foundation that cannot be shaken!

 

All the best toward your future success based on the decision that you are now making that will allow you to achieve at your absolute best…

 

 

Return to Top

 

Return From Foundation & Wealth Building to Who is The Creator of TheWealthIncreaser.com

 

 

Copyright 2014 to 2019©—TheWealthIncreaser.com–All Rights Reserved

 

 

Mega Success & Wealth Building

Learn how you can achieve the type of financial and life success that you need or desire to achieve…

 

It is important that you realize that you have the ability within to achieve “mega-success” in the management of your finances so that you can achieve many of your dreams such as retiring early, vacationing when and where you want to, volunteering for your favorite causes, donating to your favorite causes, increasing your net worth to the level that you desire and achieving any other goal that you may have in mind!

 

In this discussion TheWealthIncreaser.com will show you in precise terms how you can achieve “mega-success” and build your wealth in a way where you can leave behind an inheritance for your future generations yet unborn.

 

If you have struggled in the past with your credit and finances or you are currently struggling—your future can be bright in spite of where you now stand.

 

If you are now on a successful path in the management of your credit and finances you too can learn other and possibly more effective ways to achieve the goals that you desire.

 

Over the years we have received many questions about how to achieve more in the credit and financial areas of the lives of many.

 

In this discussion TheWealthIncreaser.com will explain how you can achieve lasting financial success in a more efficient manner as you build wealth over time.

 

Know where you are in your “life stage” and use that knowledge to your advantage…

 

You must pursue stability in your financial life and pursue the “quality of life” that you desire in a way that gets you real results.

 

You must know your cash flow position, know how credit works and know all of the areas of your finances that you must address at the various stages in your life.

 

Know how to use “success qualities” to your advantage in your financial life…

 

You must know how to use the “qualities of success” to your and your family’s best advantage and you must have the determination and grit to give it your best at all times and in all endeavors in spite of what others may be doing.

 

You are responsible for pursuing your goals at a high level and gaining the preparation and knowledge that allows you to pursue success more efficiently and more effectively in all areas of your life.

 

You are responsible for responding to adverse situations that will occur throughout your lifetime in a winning manner.

 

Know how to “integrate your financial knowledge” so that you can achieve more…

 

You must look at and analyze your financial position as it relates to insurance,  investments, taxes, emergency fund, education planning, estate planning and retirement planning on a consistent basis.

 

To attain mega-success you must know whether you are investing for income, growth–or income and growth–and you must know what vehicles will take you to where you need or desire to be.

 

Will you use money market accounts, money market mutual funds, bonds, stocks, mutual funds, closed end funds, REIT’s, MLP’s or Master limited Partnerships or more exotic investments to get you the returns and growth that you desire?

 

By answering those and other questions you will be well on you way to success—and if you do it at your highest level you can attain “mega success” because you decided to give it your best.

 

Conclusion

 

If you do a critical analysis of where you now stand financially and you look within in a sincere manner and decide to improve in areas where you are weak both financially and personality wise you can attain much more on a daily basis.

 

You are now in position to make a real choice about the direction that you desire to go and it is you who can steer your investments and personality in the direction where success lives—or if you do it at your absolute best—where mega-success lives.

 

All the best toward giving your best and achieving mega-success…

 

Return to Top

Return From Mega-Success & Wealth Building to Personal Finance Statements

Return From Mega-Success & Wealth Building to Success & Personal Finance

Return From Mega-Success & Wealth Building to Investments & Personal Finance

Return From Mega-Success & Wealth Building to Favorite Pages of the Sites Created by Thomas (TJ) Underwood

Return From Mega-Success & Wealth Building to Goals & Personal Finance

Return From Mega-Success & Wealth Building to Who is the Creator of TheWealthIncreaser.com

Copyright® 2014-2019 TheWealthIncreaser.com All rights Reserved