Designing Your Wealthy Life

Posted on 19. Nov, 2010 by in Wealth Essentials

wealth creation secretsThey say money can’t buy you happiness, which I tend to agree with, but wealth creation can make you about as happy as you would ever care to be!

Wealth creation is about making lifestyle choices and consciously deciding on where you want to go in life and who you want to be.  It’s more than about making money, it’s about making your life wealthy.  Too many people get caught up in the process of making money or chase it as their single purpose.  What’s the point in having lots of money if you can’t or simply don’t have time to enjoy it?

Designing your wealthy life needs to be a conscious effort, just like setting financial goals, you need to set lifestyle goals to develop your overall goals for wealth creation.  Much of what you do relies on positive thought.  Have you read or heard about the book The Secret?  it was pretty big a little while back and got lots of press – Oprah anyone?  Don’t click away just yet, I’m not going to get all spiritual on you, but there is a good reasons why people got so into this book.

Visualisation

The key to positive thought and developing the right wealth mindset is visualisation.  Sports people do it all the time so it must be good!  see yourself hitting the ball in the hole, kicking a goal, or winning the race.  Apply this to wealth creation and see the lifestyle you want to create.  Map it out, find inspiration for what you what to do and how you want to do it.  Cut out pictures of the things you want, but can’t afford or write down your goals in big words and put them somewhere you can see them every day.  Use sticky notes to write yourself messages and put them all over the place, use an inspirational screen saver, do whatever it takes to keep your goals foremost in your mind as much as possible.  There are two really good reason for going to all this effort.  The first is because it will make you feel good having a goal that you can see and work towards, the second is to prevent procrastination.

Procrastination

Quite possibly the root of all evil! Personal development and lifestyle bloggers write sagas about this bad guy (Zen Habits does it very well) and rightly so, everyone loves doing nothing!  In the busy world we live in it is great to just switch off, kick back and unwind.  I’m a huge fan!  Mindless hours in front of the TV, watching sh#t that really has no positive impact, but provides that precious release.  Go for it I say, you deserve it, but just make sure you have earned it first.

Unfortunately switching off as soon as you get home from work every night isn’t going to cut it, you need to make time to focus on wealth creation.  It doesn’t have to be hard work, just tackle it in bite sized pieces.  Make a list and add some rewards to ensure you reach your goals, but think about these also.  A good reward is a holiday, short break or other life experience.  A bad reward is a uncontrolled shopping splurge, buying sh#t you really don’t need or eating a whole block of chocolate in one sitting (although any of those things are fine in moderation).

The End Goal

You don’t want to be rich, be wealthy instead.  Rich people worry about the stuff they have and someone taking it away from them.  Wealthy people don’t worry about these things, they don’t cling to possessions because it is not the most important aspect of their lives.  Finding a way to make your money work for you instead of working for it is a great goal to aim for, but make sure you set goals to create the lifestyle you want as well.  If you get this right, you truly will have a wealthy life!

What are your life goals?

Image by 3oheme

Tags: , , ,

13 Responses to “Designing Your Wealthy Life”

  1. Jessica07

    20. Nov, 2010

    Great, great, GREAT article! Like I always say, your wealth should help you live; you should not be living for your wealth.

    Reply to this comment
  2. Shaun

    21. Nov, 2010

    Spot on Jessica,

    Thanks for your comment, I’m glad you liked it.

    Reply to this comment
  3. Matthew Ripley

    22. Nov, 2010

    Fantastic article. I recently read a great book which delves further into this issue. How much is enough? by Arun Abey and Andrew Ford. http://www.howmuchisenough.net/

    Reply to this comment
    • Shaun

      23. Nov, 2010

      Hi Matthew,

      Thanks for the feedback. I’ll have to check out that book, it sounds like I’ll like it!

      Reply to this comment
  4. millettemanaog

    23. Mar, 2011

    great article!^_^

    Reply to this comment

Trackbacks/Pingbacks

  1. How to Stay On Track and Reach Your Goals -

    […] and putting things off until later is a main enemy to staying on track and working toward a goal. In order to stay on track, you must reach down deep inside of yourself and summon the strength and […]

  2. Why You Should Never Buy Now and Pay Later - DebtManagement.net -

    […] where he wants to be in life. Find out more by visiting his blog where he’ll show you how to design a wealthy life. Share This:TweetFacebookStumbleUponDiggDelicious This entry was posted in Credit Card Debt, Debt […]

  3. Sometimes its Not What You Know -

    […] TweetOne of the reasons it has been a little quiet around here lately is because I have recently changed jobs.  My last job was slowing down a bit and I have to admit that I had probably grown a little lazy, I was comfortable in my role and knew it inside out.  What that basically meant was that I had all but ceased forward momentum as far as personal development was concerned.  On the plus side I was able to learn more about blogging, but I wasn’t really doing anything that was increasing my overall wealth. […]

  4. The Worlds Simplest Retirement Plan -

    […] you to retirement as quickly as you like.  It may not make you filthy rich, but depending on your what you want to achieve in life, that may not matter to you at […]

  5. How To Find More Time and Be Super Productive -

    […] demands. I’m not going to judge, you probably do, but that isn’t usually enough to achieve the things you really want in life. What we really need is to find even more time. I bet I can find it for you, but you have to decide […]

  6. Sunday Round-Up for November 28, 2010 | MomVesting -

    […] click on over to Money Cactus and let Shaun set the stage for Designing Your Wealthy Life.  This is another great post about the mindset you should have when you set out to achieve […]

Leave a Reply