Learn the importance of being exposed to the right financial management systems at the right time…

In life we all have unique environments, exposures, experiences and the way that we pursue excellence, and it is important that we learn all that we can from those x-factors so that we can direct our future actions in a manner that is more beneficial for ourselves and those whom we come into contact with on a consistent basis.

In this discussion TheWealthIncreaser.com will focus on the importance of why you must be exposed to financial systems in general–and exposed to financial systems that you can readily learn and apply in your daily life to be more specific–that will truly take you towards your goals that are most significant and meaningful to you and your family–in a very efficient manner.

We all want to do things that bring us joy, however from time to time we must dive into topics that are uncomfortable.  For many, personal finance or the management of their finances can be a burdensome or uncomfortable process, however it no longer has to be!

By being “exposed” to the right financial knowledge you can cover all of your bases and have a comprehensive approach in the management of your finances that can lead to you building wealth more effectively at the various stages in your life so that you can do more of what brings joy into your life.

What you need to know financially

You need to know just what does personal finance entail–and how broad or wide a net you must cast–as most people have no idea of the magnitude or lack thereof, of financial planning in an all-encompassing way.

At a basic level and for starters you need to know your monthly intake and outflow of cash–as that is what all of the other areas of your finances will be based on–and will flow from.

In easy-to-understand format, you must know how to:

1) Utilize personal finance statements appropriately 

By properly utilizing personal financial statements you can open up a new view of what you can do to make your dreams come true.  Why live your life in confusion and strife when you can choose to truly enjoy your life?

You can use a personal cash flow statement to learn where you now stand with your finances on a monthly basis, you can use an income statement to determine where you stand on a yearly basis, and you can use a personal balance sheet to determine where you stand as far as your assets, liabilities and net worth are concerned.

By having exposure to these statements, you put yourself far ahead of the average consumer.

However, exposure “without action” will lead you where you are currently at!

2) Gain mastery of how you manage your credit

Do you know that you must keep negative information off of your credit report at all times in the most effective way that you can based on your financial ability to do so and your credit awareness that you will soon learn.

By understanding that:

Negative information must be kept off of your credit report

Utilization of your available credit must be at a reasonable level

Time length of open accounts is an important concern

Type of accounts are important

Inquiries must be kept at a reasonable level

You then put yourself in position to manage your credit in a more effective and efficient manner at the various stages of your life.

3) Comprehensively understand your finances in the following areas

Insurance

Investments

Taxes

Emergency fund

Education planning

Estate Planning/Wills, and

Retirement planning

You must understand all of the above from a position of strength, meaning you are in control of how you manage your Insurance, Investments, Taxes, Emergency fund,  Education planning, Estate Planning/Wills, and Retirement planning– not others who most likely don’t have your best interests in mind!

By just being exposed to the 3 steps above–you are far ahead of the average consumer who for the most part has no real understanding of what personal finance encompasses–let alone the ability to use the knowledge of what personal finance encompasses to their and their family’s greater benefit.

What you need to do financially

Now that you have knowledge of what you need to know (pun intended) you must take the right steps and put into action the results of your cash flow statement or budget at a minimum.  Whether you have a monthly surplus or a monthly deficit you are now in position for more effective planning from this point forward.

If you are comfortable with numbers, you may also want to create an income statement and balance sheet so that you can determine your net worth at this time–and improve upon your net worth and the building of wealth in the coming years.

The creation of a “properly funded emergency fund” will go a long way in helping you increase your net worth in future years!

You must also gain mastery over how you manage your credit by knowing how to utilize your knowledge of the 5 credit factors–as that knowledge can prevent you from getting into a difficult financial hole where climbing out is difficult or highly unlikely (you may need to consider filing bankruptcy as a real option).

Finally, you must know how to select the appropriate insurance products and investment options along with doing, tax planning, education planning, estate planning and retirement planning in a manner that is more advantageous for you and your family–not creditors or others who have no real concern for your lasting success.

The importance of reviewing what you do financially

Now that you have a comprehensive overview of your finances and you have been exposed to all that you need to know (and do) to work toward making your wealth building goals come true–you “must” be aware of your need to review!

You must review your personal finance statements, including your emergency fund to make sure you are adequately protected.  You must review your understanding of the 5 credit factors so that you can make the right or at a minimum–a good decision as it relates to your use of credit during the period of your life where you plan on utilizing credit.

You must review your insurance, investments, taxes, education planning, estate planning/wills, and retirement planning on a routine basis to see where improvements can be made.

Regardless of your past experiences, the environment in which you grew up in–and the positive or negative exposures in your life, you are now in position to change all of that to your advantage–and by being exposed to personal finance in a way that you can readily understand and utilize–you are now ready to take your prize.  Use your vision to see–and continuous review to reach toward excellence and who you were put on earth to be!

Conclusion

It is important that you are exposed to all areas of financial planning that you need to do throughout your life at the earliest time possible.  By doing so you can get out in front of potential disruptions and proactively plan your future in a manner that is more advantageous for you and your family.

You can put yourself in position where you can live with confidence and the success that you desire will not only occur–it will be expected because you have put in the required work in advance!  You no longer have to approach your financial future with doubt, uncertainty and a feeling of “can’t do”–as by visiting this page and site you have positioned yourself in a major way to make your dreams come true.

Your willingness to be exposed to the right financial management systems at the right time could be what sets you apart and leads to you achieving many, if not all of the goals that now reside in your heart.

All the best as a result of your willingness to be “exposed to financial systems” that can lead to lasting success…

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Learn what you must do to precisely improve your finances…

It is important that you attack your finances with precision as a major goal–as by doing so you can achieve so much more.

In this discussion TheWealthIncreaser.com will discuss the importance of precisely analyzing and improving upon your finances in all areas.

And just as it is important that all of the tools that are necessary for the successful launch of a rocket is in place, so too is it important that you have the mental tools that will take you where you desire to go as you manage your credit and finances.

You must aim high if you are to exceed the sky

It is important that you formulate goals at this time that are significant and meaningful to you so that you can move to action more energetically and do what you need to do.  You must be as diligent as you can as you pursue all of your goals and particularly your wealth building goals.

Your goal is to set meaningful goals and have a serious intention on achieving what you desire most.  You must also have the willingness and determination to operate in excellence as you work toward your goals and by aiming high you put yourself on track to do just that.

What do you desire in the immediate-term, the short-term, the intermediate-term and the long-term?

These are the types of questions that you must ask, if the goals that you are aiming for are to become a reality!

You must put together a plan for achievement that has a timeline and is measurable

You must also put together written plans in key areas that you want to address and have a timetable for reaching those goals as a point of reference to see how well (or poorly) you are moving toward achieving those goals.

Whether you desire to manage your finances on a monthly and annual basis with more precision, manage your credit with more precision or manage any or all areas of your finances with more precision–you put in motion the steps to make it happen by not only formulating the goals that you desire most–but also by having a timetable for accomplishment so that you can determine how well or poorly you have performed (hit your target).

You must review, in the event that your precise goals go off track and must be created anew

Even if you fail to precisely reach your goals in the planned time frame, you must still have the determination to continue and move forward.  You may have to reformulate your goals and the timetable for achievement–however you must still know that those goals will be achieved!

From time-to-time you must also re-calibrate your mind so that you can see your future from a different vantage point or angle.

By doing so you can come up with new ideas and expand your creative energy and find ways of achieving your goals in a manner that is more enlightening and energetic–as you will gain more energy as a result of something that you came up with or created.

Conclusion

By attacking all areas of your finances in a precise manner you have already won–it’s already done–and it is the action steps that you put in place and will follow at a determined level, that will make it all happen!

Your decision to formulate goals that you believe in at this time–and pursue those goals with a high level of energy and enthusiasm is what can take you precisely where you need to be as you strive to achieve new goals so that you can truly be who you were meant to be.

And always remember that when you occasionally go off target (adversity raises its ugly head) you must still give it your best and expect success!

All the best as you precisely do what you need to do to make your dreams come true…

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Learn how you can “synergize” your wealth building efforts so that you can attain the goals that you desire most…

It is important that the goals that you formulate and the path that you choose to take to reach those goals are in balance or are all working together (synergizing) if you are to achieve at your highest level of excellence as you build wealth.

In this discussion TheWealthIncreaser.com will stress the importance of looking at your finances in a comprehensive or “all encompassing” manner so that you can see the “big picture” and attain more in all areas of your finances so that you can build wealth more effectively.

1)

Have an overview of what your personal finances entail–right from the start

By learning how you can create a personal budget or cash flow statement, create a personal income statement and create a personal balance sheet, you can determine and know your net worth at this time–and ways that you can manage your money better in your future.

Furthermore, you want to learn how to have mastery over your credit in order to prevent lenders and creditors from benefiting off of your lack of knowledge as it relates to your credit management.

And most importantly, you want to know how to manage your insurance, investments, taxes, emergency fund, education planning, estate planning/wills and retirement planning from a position of strength!

By doing so you would be in position to know in a comprehensive manner what lies out in front of you in the financial realm of your life, and you would be in a better position to make your dreams come true.

2)

Do your absolute best to put in place a financial management plan that you learned above in a manner that works best for you and your family

Now that you know what you need to do, you must implement to your advantage what needs to be addressed as best you can.  Your strong desire for improvement and doing your money management more effectively is now more realistic as you now have a blueprint that lays it all out.

You must have a sincere approach and the determination, dedication, commitment and mental fortitude to really strive at your highest level of excellence toward the goals that you seek–or the goals that can improve your living conditions.   By formulating goals that you believe in and taking the right action on a consistent basis– you can win the majority of your races.

The personal budget or cash flow statement, personal income statement and personal balance sheet, that you are now aware of and have the opportunity to put into action for your greater benefit must be done at this time–if you desire to achieve at your highest level throughout your lifetime.  You also want to take steps annually to improve upon your net worth so that you can enjoy life more and volunteer or donate to your favorite causes and take the vacations that you know you deserve–along with pursuing other goals that you may have that are uniquely your own.

3)

Do periodic review to ensure that the plan that you put in place is operating as intended–or is operating in a way that does what needs to be done to move you and your family forward–efficiently

Even with the best of intentions, your (or your financial planners) plans may not go as designed and will need tweaking on occasion.  You want to formulate your mindset at this time to always know that you will have to continually review–in order to make your dreams come true.

And always know that adversity or unwanted occurrences will happen as you build your wealth–and that is to be expected, but so is your future success!

By reviewing your personal budget or cash flow statement, your personal income statement and your personal balance sheet, that you (or your financial planner) created, reviewing how you manage your credit and reviewing how you manage all areas of your finances in a systematic way–you put in motion the processes so that you can truly enjoy a better day.

Conclusion

As you build wealth you must utilize strategies so that all that you do works together to help you get on a more efficient path that will help you reach your goals in a manner that optimizes your opportunity for success.

Your determination level, commitment level and the passion that you have on the inside of you will be maximized so that you remain energized because you decided to synergize your efforts as you pursued the goals that are the most endearing to your heart.

By looking at your finances in a more congruent manner you will reduce the stress in your life and worry, anxiety, fear, frustration, lack of effort and excuses will be greatly reduced or will be a thing of your past.

It is very important that you at this time contemplate how changes that occur throughout your life will affect your wealth building plans, how inflation will affect your purchasing power in the future, how a properly funded emergency fund will help you avoid future risks, how you must anticipate how the economy will move in the near term and far term and why approaching your finances comprehensively is a must in today’s economy.

You want to analyze your insurance products at this time, your investments at this time, your ability to reduce or eliminate your taxes at this time, your ability to plan effectively for rising educational costs that you or your children will incur, your need to pass things to your family in a time-efficient manner that is private, your ability to plan for your retirement in a manner that makes sense to you–along with other concerns that you may have.

It is important to look at how the above 3 steps will “all work together” to help you ensure that your goals are attained, and you are able to maximize your wealth building efforts from this day forward.

By effectively implementing the three steps above your life will take a turn for the better and momentum and effective money management will come as a matter of course–if you put forth the required effort and you are passionate about the goals that you seek.

Synergy is the combined action or operation of a harmonious occurrence or happening and you want to have it working to your advantage as you manage your finances and build wealth!

Speaking of harmony–synergy can also work against you as in the case of the creator of TheWealthIncreaser.com.  While creating this blog a toothache, lower back pain, knee pain and foot pain was all occurring simultaneously or synergistically and working in conjunction to cause intense pain throughout my body.

However, whether the occurrence was harmonious is debatable, as the effect was not pleasing (LOL)!

Nevertheless, instead of getting down, the inspiration to create this page occurred–and also spurred the inspiration to create the following poem to benefit you and others who traverse this great universe:

I AM

I am in pain from head to toe, however I am still on the go

My vision for success is crystal clear, because I’ve taken and implemented new steps this year

I am on my way to more success each and every day

The missteps that I use to take–I no longer make

Even though I feel pain from head to toe–I know that it will all go

I am living abundantly because I can truly see

I am at this time living in my purpose of what I was truly meant to be

I am the success that I desire because I always reach higher

I now know that I am the one who must ignite my own fire inside my heart–so that I can truly set myself apart

I AM success if I decide daily to give it my absolute best

From this day forward my thoughts of failure have been permanently put to rest

In life you must overcome all adversity and put in place a plan that you believe in that is unstoppable and takes you where you need or desire to be!

All the best as you maximize your path toward wealth building success…

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Learn if you know your money management personality and how you can build wealth more efficiently…

In the current economy many are facing difficult challenges as rising costs and insufficient income has caused undue hardship in the lives of many who are trying to manage their finances and stay above water.

Whether you manage your money and finances effectively or ineffectively, it is important that you know “how you manage your money” and ways that you can possibly do your money management in a more advantageous way for you and your family.

In this discussion TheWealthIncreaser.com will discuss in clear terms how you can use “effective money management” to build upon your current money management skills so that you can achieve more throughout your lifetime.

Ask the right questions so that you know how you manage your money

Do you spend more or less than you take in on a weekly, monthly or annual basis or do you even have a clue?  Do you have funds properly set aside for unseen emergencies such as your washer or dryer going out, HVAC issues, car breakdowns and other emergencies, or do you lack the understanding of “why” you even need an emergency fund?

If you are a homeowner, do you have appropriate insurance coverage?  If you were to sell your home right now how much cash would you walk away with?

Do you know the interest rate(s) that you are paying on your credit card(s), auto loan(s) and mortgage loan(s)?  Are you now in position to invest in a wise manner or do you invest in a random manner?

When you file your income taxes on an annual basis is the amount of the refund or the amount you owe a surprise to you–or is it about what you expected?  Are you aware of rising educational costs and how they affect you and your family?

If you were to unexpectedly transition, do you know how large or small the insurance payment will be to your loved ones–and whether your loved ones would quibble over the proceeds?

When you start receiving your social security, pension and other retirement income, do you know what the payment will–or needs to be on an annual basis that would allow you to live at your current level–or better?  If you have retirement savings, do you know what percentage is in stocks, bonds, real estate, cash etcetera?

Do you know your net-worth and do you know that your self-worth is far more important than your net worth–as you build upon your wealth?

Learn ways that you can manage your money better

Regardless of how you answered the above questions, it is important that you at least had the determination to ask them and answer them with a high level of sincerity and realness!  By doing so you open up your mind to new possibilities and new ways of managing your finances that are more effective than what you are currently doing.

By learning how you can create a personal budget or cash flow statement, create a personal income statement and create a personal balance sheet, you can determine and know your net worth at this time–and ways that you can manage your money better in your future.

By asking the right questions about how you can manage your credit better you can learn how to use the improved perspective of your credit understanding to manage your credit better in all areas of your credit management!

By asking the question of “how can I manage my finances more effectively in a comprehensive manner” you can open up your mind to learning new ways of managing your finances in a comprehensive and all-encompassing manner so that you can achieve more throughout your lifetime.

Build wealth in a consistent and highly effective manner

It is important that you realize that effective money management is a process and occurs over time by those who operate in a consistent manner by addressing their overall finances at a level that is their absolute best.

You must be willing to leave excuses behind and put in the required effort over time if you desire to achieve meaningful results.

Most importantly you must know what you need to address and learn better ways to address what needs to be addressed in the most efficient and effective manner possible–based on your financial capacity and motivational level!

Your consistency in action over time and addressing key areas of your finances in a manner that is unique to your particular situation will help ensure that you are effective in reaching the goals that you aim to reach.

Conclusion

Managing your money effectively in today’s economy can be done by you if you have the commitment to ask the right questions so that you can determine where you now stand, make improvements where you can, know what you need to avoid–and learn EFFECTIVE MONEY MANAGEMENT SKILLS that you can use throughout your lifetime.

It all starts by you looking within to determine your level of commitment to truly analyze and ask the right questions upfront so that you can get the right answers and put into practice effective money management strategies that will get you the desired results–or the results that you need to achieve to make your life more meaningful and significant while you are here on planet earth.

Although you don’t have to have mastery over every financial concern imaginable, you do need to have a comprehensive overview of your finances and a feel for your financial future that exudes success–as that is a requirement in today’s society for those who desire to achieve at a high level.

All the best to your new level of “money management” success…

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Learn why you must plan—do and review–if you are sincere in making your wealth building dreams come true…

In the times that we now live in there are an abundance of pathways that you can take to attain the goals that you desire most–whether financial or otherwise.

However, many pathways are complex and confusing and causes more frustration than forward movement in your life.

It is important that you realize that wealth building can be simplified by your sincere understanding and practical application of why you must Plan, Do and Review if you are one who desire to embark on a surefire path toward making your dreams come true!

In this discussion TheWealthIncreaser.com will stress the importance of managing your finances at an optimal level in a “simple” to the point, 3 step process (PDR) that you can use throughout your lifetime to achieve lasting wealth building success!

Plan

Know the 3-step approach and how that approach can benefit you and your family

It is very important that you have a “readily comprehensible system” that you can apply in your daily life that can benefit you and your family as you manage your finances.

It is important that you know how to use personal finance statements to your benefit, how to have mastery over your credit and how to manage all areas of your finances in a comprehensive manner.

By gaining that knowledge you put yourself well ahead of the average consumer who has no meaningful way of knowing what they are doing financially on a daily basis when it comes to managing their finances at an optimal level–or in many cases any level!

You must have a clear understanding of the steps that you can take to reach meaningful goals and it all starts by you planning at this time for what you desire in your future.

Do

Put in action the 3-step approach in a sincere manner

Your knowledge of a comprehensive system that you can utilize throughout your life to more effectively manage your finances is of no real value unless you “utilize” the system to your and your family’s greater benefit.

You must use the results of your personal finance statements to plan better and make improved decisions as it relates to your finances!  You must use the mastery of  “your” credit that you should have if you were sincere in learning how to utilize credit to your advantage–in a way that benefits you and your family the most–not creditors!

Finally, you must analyze your insurance, investments, taxes, education planning, estate planning/wills and retirement planning in a way that allows you to improve in each area and takes you closer toward the dreams that are uniquely yours!

By taking action, or taking the right action–you put yourself on a more committed path to attaining the goals that you desire most.

Review

Review the effectiveness of the 3-step approach on a consistent basis if you desire to achieve more

You must review the effectiveness of what you have done as far as managing your finances on a monthly basis and that includes knowing what you take in and pay out on a monthly basis.  That also includes reviewing of your emergency fund on occasion to ensure that it is properly funded.

Are you managing your credit effectively or are you running up balances due to a poor or non-existent money management system?

Are you looking at your finances comprehensively to see where you can improve at–now and in your future?

By asking pertinent questions about your finances, you can put yourself in position to achieve much more–and by occasionally reviewing what you can possibly do better you open up a new door–for even greater success–so your finances will never be a mess!

You may have to reflect on your past, re-focus on your future and come up with better ways of managing your finances on a more consistent basis.

Conclusion

By consistently applying the 3 steps mentioned above throughout your lifetime you can better direct your future and control the outcomes that you desire in a more definitive manner than if you did not do so.

Whether your goal is debt payoff, more effective credit management, improving your finances in all areas–or any other goal that is more specific–you enhance the probability of it happening exponentially by “implementing” the 3 steps above on a consistent basis in your life!

Always remember that when it comes to effective wealth building, the success that you desire is up to you! 

It is important that you do all that you can proactively so that you can really make your dreams come true.

You may on occasion have to tweak the goals that you seek and not be meek–so to speak (you must aggressively pursue your goals) so you won’t have to repeat the mistakes of your past or mistakes that will not serve you well.

Your goal is to operate on a higher plane of thought and see your future with more clarity–and you must always have the mindset that you will overcome any adversity that you are now facing, have faced in your past–or might face in your future.

Always remember that by reflecting on your past you can put yourself and your family on a more direct path toward the success that you desire.  And you can plan better, do better, and review better as you aim higher toward the goals that are uniquely your own!

You now have the power—at this hour to achieve lasting wealth building results that will not be sour!

By planning what you will do in the financial realm of your life, doing what you need to do in the financial realm of your life and reviewing what you have done in the financial realm of your life–on a more consistent basis—you can move forward and achieve more–with less sacrifice.

All the best as you consistently implement the above steps that can potentially lead you to a lifetime of success….

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