I had always mistakenly believed that if I had more money. I would have a better plan for creating wealth. The truth is that if I had a better plan, I would have more money.
You see, it's not the amount that counts; it's the plan that counts. It's not how much you allocate but how you allocate it.
-Jim Rohn
I have to say that of all the plans I have had to get more money, I had never really had a plan to build wealth. Nest eggs, college funds, retirement plans and rainy day funds I have, but never really put much though into a wealth plan. It is now on my 'To-Do' list.
Just in case you are wondering what the difference between having lots of money and having wealth is, here's a quick explanation. Money is simply the cash that you have coming in or stashed. You can have a ton of money and have no wealth (I know a person who has an income of over 2.7 million dollars a year and their net worth is -1.2 million, oi!), the money just goes as fast as it comes in. To have wealth you must have significant assets (cash reserves, property, investments, etc) over any debt you may have (also know someone who only made 37k a year, but has a net worth of approx. 800 thousand). So it's not how much you make, it's how it gets spent.
Ever know someone who is very successful, without having to spend 100 hours a week on work? Those people have a plan. If you know how to work smart and efficiently, then you get way more done in less time. It takes a plan. You must think out what you are doing for today, this week, this month and this year. You must see how actions you do during that 1 year plan affect your 5 year plan. What's that? You don't have a 5 year plan? Well then it is really time to sit down and think about what you want your life to look like in 5 years. Build a plan.
Life can either be what happens to you, or it can be what you make happen. Some people are happy with letting life happen to them, or they are just not unhappy enough to do something about it. It's their choice, and no one can change it but themselves. But if you are a person who wants to make life happen, you must have a plan. Without plans, who knows what you're going to end up with?
Have a Blessed Day,
Brandy Deming
CelticBlessings4U@Gmail.com
http://www.womenswealthandwellness.com/celticblessings
http://www.twitter.com/brandysbiz
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