Being Intentional & Wealth Building

Learn how going after what you desire most with intention can lead to more success again and again, so that you can truly win…

In the current economy many are confused or lack clarity on where they want or need to go when it comes to effective management of their finances.

It is very important that you are intentional (“you” want to make what you desire most–really occur) in achieving your goals as you move about life from day to day.

You must seek out and find better ways to manage your finances in all areas, and you must be intentional if you desire to be truly effective at this time and in your future. In this discussion TheWealthIncreaser.com will look at ways that you can manage your finances and achieve optimally by being more intentional in what you do, so that you can sincerely take steps toward making your dreams come true.

You increase your intentionality as it relates to wealth building by doing the following:

Being Intentional in knowing what inflow of cash comes in and goes out of your household…

You must take the first step to determine your monthly income and your monthly expenses, even if you don’t like numbers or you don’t know where to start–or have no motivation to start at this time. There are numerous blueprints available that shows you how to manage your monthly and annual finances, therefore you have no excuse for not creating a budget or cash flow statement at a minimum.

By being intentional you can determine where you are now at and where you can later go, thereby “putting yourself” in position to maximize your cash flow and achieve real results that will show!

Being Intentional in knowing your personal credit and how to maximize your understanding and usage…

By taking the first step above, you are now ready to get even more intentional about your finances and your financial future. You want to know at the earliest point possible of your need to master your credit knowledge so that you don’t put yourself in a deeper financial hole at the various stages of your life.

By being intentional about mastering your credit you put your mind in position to receive an understanding of credit at a high level and building the foundation at the level that you need, so that you can truly succeed.

That means you know the five credit factors and how to use that knowledge for your and your family’s greater benefit. You also need to know the 3 major credit bureaus and the 2 major credit scoring agencies, thereby putting yourself and your family in position to make better decisions as you manage your credit throughout your lifetime or the period that you desire to utilize credit during your lifetime.

If you currently have outstanding debt, you may need to pay off or pay down that debt more aggressively, and by having an understanding of your finances at the foundational level, you will position yourself for more success so that you can better pursue your most pressing goals.

Being Intentional in knowing “all areas of your finances” and how to make improvements when possible…

In this 3rd and final step, you want to be intentional in a comprehensive way and therefore you must make a real effort to know at all times how to effectively manage and improve upon your insurance, investments, taxes, emergency fund, education planning, estate planning/wills and retirement planning so that you position yourself for greater success throughout your lifetime.

Being intentional as it relates to comprehensive analysis as it relates to your insurance, to name few examples means determining your need for LTC insurance, umbrella insurance, life insurance (and at what amount), health insurance and disability insurance.

Being intentional as it relates to your investments means you are aware of how to invest in a winning style so that you can reach the goals that you plan for!

Being intentional as it relates to your taxes means knowing your effective and marginal tax rates and doing something to lower those rates by knowing how to do so. Additionally, you want to have an awareness of what adjustments, credits, deductions, exclusions, exemptions, and exceptions mean in reference to your income taxes, as that awareness could be of great benefit to you and your family.

Being intentional as it relates to your emergency fund means putting a real plan in place so that you can get to a point where you have the funds to handle 6 months of living at your current level.

Being intentional as it relates to your education planning means starting your education saving now and knowing the number you need to reach now, not when your child applies for college 15 years from now!

Being intentional as it relates to your estate planning/wills means understanding the importance of planning even when you are no longer on earth in a physical form, as you will create a will at a minimum and look at trusts and estate planning needs proactively, getting a POA, advanced medical directive and other documents that you need as soon as practical–not years down the road, or worse yet not at all (you transition before doing any of those actions).

You already know the intent of investment and retirement analysis so that you can truly reach your retirement number and achieve other retirement goals that you may desire.

By being intentional about learning all areas of your finances and making improvement where you can, you then put yourself in position to have the potential to put your mind and heart in position for lasting success, and make moves on a consistent basis that allows you to perform at a level that is your absolute best.

Conclusion

Your decision to intentionally go after what you desire most is an important “action step” in reaching the goals that you desire most.

Regardless of what is going on in and around you, you can make your dreams come true if you intentionally do what you need to do.

By making an intentional effort to improve and excel in all areas of your finances, you open up the real possibility for making it all happen–if you prepare for the journey and you know at all times that it is possible.

If you don’t put limitations on what can happen in your life, and more importantly you are intent on making what you desire most occur—you control your outcomes and the future success that you desire in all areas of your life!

You must no longer have reservation, hesitation or respond poorly to an adverse situation! Now is the time for your origination or creation of a plan for success that favors you.

And by using your imagination and observation (clarity of thought) to achieve optimally, you can give your heart and mind a vacation–and you will greatly improve your situation, thereby you can bring joy back into your life and not live with uncertainty or strife.

Isn’t it time you receive a bountiful measure and achieve goals that you can treasure–so that not only you, but also your future generations, can live with more pleasure?

From this day forward you must internalize success and always have a yearning (by being intentional) to give it your absolute best. Isn’t it time that you make a conscious choice to plan for wealth building success purposely or in a more deliberate manner, and not leave your future up to chance?

Always remember that pray and wait, your results will not be that great! However, pray and action will lead to a higher level of satisfaction!

Pray and action—now that will lead to real satisfaction!

Your definitive choice to act could at this time be the nucleus for turning your dreams into reality–now that’s a fact!

All the best as you intentionally strive and give it your absolute best to reach a new level, thereby allowing the “rivers of your dreams” to crest–and your life to overflow with success…

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