Everyone wants to be wealthy. If there were a straightforward way to unravel the secret of getting rich, everyone would be doing it. But the truth is there is no secret to building wealth overnight. It takes time. For this reason, I have decided to show you ways to turn desires into financial wealth and success.
The following are the ways to turn desires into financial wealth and success:
- Fix the actual amount of money you desire
- Decide what you’ll provide in exchange for the money you want
- Create a deadline for getting the money you desire
- Make a clear plan and start working immediately
- Have a clear and concise statement of how much you want
- Read your financial statement daily
- Find a mentor
So what does it take to get rich? The first step to riches is to have a desire for them. You can achieve anything you want if you have a pulsating desire. Train your mind to pursue the goal of earning a certain amount of money within the deadline.
Combining a definite goal and desire will give you the necessary fuel to create and execute a plan to successfully realize that goal. Keep reading to understand the ways to turn desires into financial wealth and success.
Ways to Turn Desires Into Financial Wealth and Success
Follow these steps to attract all the wealth you want and desire.
1. Fix the Actual Amount of Money You Desire
Saying you need a lot of money is not enough. Be exact as to the amount.
The first seems very easy. Decide the amount of money you want to make; pick a number. This stage is based on the notion that when you have a clear objective, there will be no room for doubts about whether you succeeded or failed.
If you decide to make a certain amount of money and end up not achieving the whole amount, you didn’t reach your goal. There is no if and or about it. There is always psychological merit to having a particular purpose, believe it or not.
According to Edwin Locke, people who establish precise tough goals outperform those who set general ones. Imagining the specific amount you desire will help you picture what you have to do to get that amount. It will also keep you more responsible by making your goal measurable and help you realize the sacrifice you’re willing to make for your wealth.
2. Decide What You’ll Provide in Exchange for the Money You Want
There are no such things as something for nothing.
Knowing what you are prepared to do to obtain that sum of money will help you set a time frame and help you realize how essential this is to you. If you have settled on making five million, for instance, and you’re not ready to sacrifice effort, time, and other priorities, you will most likely not make that amount.
To achieve this step, ask yourself what you will have to offer for this money. Do you possess much knowledge, time, or an extensive network? After that, you will have to determine how much of what you have you’re willing to give.
If you want five million and have a lot of knowledge, but you’re only ready to devote an hour a week to achieve that goal, it will take longer to reach. When you have decided what you have and how much you’re ready to sacrifice to earn the money you desire, consider if it’s enough to achieve that amount you want.
3. Create a Deadline for Getting the Money You Desire
Setting an exact date is a goal-setting method you should apply to each goal you set every time. If you don’t select an exact date to achieve this wealth, you have an infinite amount of time, and there is no sense of urgency.
Setting a deadline for your goals makes you responsible for completing them. Like in the first step, there is no wiggle room; you either accomplish your goal or not. After finishing steps one and two, you must set a deadline that corresponds with your level of desire and what you’re willing to do to obtain it.
For instance, if you say you want one million in a week and are unwilling to change anything, you will have set a completely unrealistic goal.
Remember, if you set a very close date, you will most likely feel pressured to finish quickly, which will result in busy nights and stress. However, if you set a date that is too far in the future, you may not feel pressured to finish, and you may r give up or wait until the last minute and end up busy and stressed.
When setting your dates, it’s recommendable to seek advice from those who have achieved their goals to make it much easier for you.
4. Make a Clear Plan and Start Working Immediately
Everything starts with a plan. For you to turn financial desires into wealth, you must have a plan and start working on it immediately; whether ready or not.
Now, you’re almost to the action segments of these steps. When making a plan, remember it’s okay not to be 100 percent certain of every step. Having a plan set and in place will help you when feeling discouraged, lost or if you get easily distracted.
It’s also essential to place your plan somewhere you can see it. It will help to keep it in mind and your impending deadline.
When creating a plan, begin with what you know. Note down your starting point and your end goal. Then write the date you start and your end date. After doing that, write your major goals and milestones in between.
Once you’ve your basic plan, set down the dates for completing your major goals and the steps necessary to achieve them. Make sure you leave space between your goals because there is a high possibility you might want to add to your little steps to achieve your ultimate goal.
The more precise you write out this plan, the simpler it will be to implement it. Adding dates to your steps to achieve major goals will help hold you responsible but isn’t necessary if you trust yourself to reach your significant goal on time.
Now that you have a plan give your friend, mentor, or business partner a copy and ask them to check in with you periodically. Remember, no goal is achieved alone, and using others’ strength will only make you stronger.
5. Have a Clear and Concise Statement of How Much You Want
Write down a concise, clear statement of the amount of money you aim to obtain, name the duration of the acquisition, name what you’re willing to give in exchange for the money, and describe precisely the strategy you intend to use.
This information is exact. Don’t think about it, don’t type; write it down. There is a purpose you need to write. Look into studies on how people learn and memorize. Those who hear or read tend to learn less than those who write because each word you write down provides you with a visual symbol.
Therefore note down everything you’ve decided so far and write it as many times as it takes to sink in.
6. Read Your Financial Statement Daily
You wrote a financial statement in step five above. Now, read your written statement aloud twice a day, once before sleeping and once in the morning. As you read, see, feel, and believe that you already have the money.
It is said that seeing is believing. Post what you wrote everywhere and go through it when you wake up and once before retiring to bed. Make it the first thing you think about when you wake up and the last thing you think about before going to bed.
Make it so that the sum of money you decide to achieve will always be in your mind. Let your plan be your obsession. Consider what you do daily to better yourself and the challenges you’ve overcome.
When you consider something frequently, you will unavoidably base your decision on how it will impact your primary goal.
7. Find a Mentor
Finding someone who can share their knowledge and experience with you is not easy, but finding one is essential. Having a mentor is the quickest and most effective approach to learning and advancing professionally.
Whatever you’re doing, the chances are that someone has done it before. Having someone who knows the ways and shows you the shortcuts is priceless. Being a mentee benefits you because every step you take will go more smoothly when you have someone to supervise you.
How to Find a Financial Mentor
You can get a financial mentor from anywhere, including your family. However, you must ask yourself whether the mentor meets your desired financial goals. The following is a guide to help you find a financial mentor:
1. Determine the Financial Goal You Want to Achieve
Look at where you stand at the moment in terms of your grasp on financial matters. At this point, you must develop both your strengths and weaknesses. For instance, if you’re good at family budgeting but mismanage your savings by poor planning, you need a mentor in financial planning.
2. Find Potential Mentors
Now that you have a defined goal of what you want to gain from the mentor, create a list of potential mentors. Start with your inner cycle of friends and relatives. List down this who seem to have a good grasp on their finances.
Starting with a mentor you know is excellent in terms of the trust. You’re more likely to open up to someone who is not a stranger.
If you need to reach out to mentors outside your social cycle, ask for referrals. Word of mouth referrals is also good in terms of building trust as opposed to doing a Google search.
You must be careful with internet wealth “gurus” because some of them are waiting to prey on newbies by selling their overpriced programs.
3. Selecting the Right Mentor
You now have a list of potential mentors, how do you narrow down to the best mentor?
Ask the mentor questions relating to your financial goal determined in step one above. Some of these questions can be:
- What’s your specialty in the field of finance?
- How long have you been practicing this?
- What is your greatest success/failure in this field?
- How do you plan to help me reach my goal?
- What’s your availability?
After getting the responses from the potential mentors, you need to ask yourself whether the mentor matches your goals. Can you work with him or her? Some questions to ask yourself in this category are:
- Can I work with his schedule?
- Does his specialization mirror what I want to achieve?
- Does the mentor understand my pain points?
The mentor whose responses mirror your expectations is the best for your specific concern. Make the leap and ask them for guidance. However, remember to be a good student to learn and gain the knowledge you want.
Who Wants To Be Rich
Even though almost everyone wants to be rich, not everyone counts financial wealth as richness. Here are findings from Pew Research Center Social & Demographic Trends project on what people value most.
What People Value Most
|Items Very Important To Them||Percentage|
|Having adequate free time to do things they want to do||67%|
|Being successful in a career||61%|
|Living a religious life||52%|
|Doing charitable work and volunteering||52%|
Expert Tip: Napoleon Hill in his book, Think and Grow, says, “Only if you have a great desire for wealth will you convince yourself that you’ll eventually have it.” Developing a passion for money will make you money-conscious, meaning you’ll see yourself in the possessions of funds you want before actually having it.
If you have a strong desire to accumulate wealth, you will have no problem convincing yourself you can attain it. Follow these ways to turn desires into financial wealth and success and see yourself climbing the ladder of wealth creation.
You can test the techniques to discover the answer using your unique goals and personalized accomplishments.