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Wealth Building
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Are You Living in Scarcity or Abundance
People generally believe that money is difficult to come by, and then getting rich is a matter of either impossibly hard work or downright impossible luck. What they fail to realize is that the way they live their life - their attitude towards money, life and happiness - has a great deal to do with whether they attract money and success.
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You Can't Live a Full Life Without Being Wealthy
Real wealth means that you can live your life fully, spending quality time with your family and friends, taking trips to exotic locations, or enjoying close-to-home adventures on your boat or at your mountain cabin. If you're working 45 or 59 hours a week at a job you hate, coming home exhausted and angry every night, then spending your one week of vacation doing chores around the house ... you're not really living. You’re working purely to exist, and existing only to work.
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Global Warming: It's Real and It's Creating Opportunities to Build Wealth
The reality, and not they myth, of global reality is changing the Peak Oil situation. Extensive melting of the polar ice cap is currently opening up previously unexplorable areas to exploration. The melting of the Arctic North is not only presenting investment opportunities in huge previously unexplorable natural gas and oil reserves, but also in vast amounts of gold, uranium, and diamonds not to mention access to a brand new global shipping lane that is sure to be hotly contested.
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Money Madness
Get mad, not even.
Have you ever gotten ticked off about your financial status? I mean irritated, frustrated and just down right stuck on it? Darn it, you want to be able to get whatever you want, when you want it. You were not born to be patient, stress about money nor go without.
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The Cycle of Wealth Building
There are foundational principles that rule the cycle of wealth building whether you build your wealth on stock market, home loans, or any other type of real estate investment. Many who are new to wealth building are often not aware of, or not disciplined to follow the principles for building wealth. The formula for building wealth is straight forward 1) make more, 2) spend less, 3) start early and 4) manage the risks. The cycle of wealth building consists of phases of goal setting, planning and execution.
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Impact of the Dollar Decline
It is hard for most Americans to get a grasp on what has been happening with the dollar. It's not like the stock market where its price is quoted on the nightly news. Now if you frequently travel abroad - you have a better understanding. Your dollar buys less stuff every time step off the plane, but that's a relatively small number of people. Regardless to what Bernanke says about inflation - people are quite aware that prices are going up more than 2-3%. However, most have not connected the dots.
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Putting Money Into RRSPs & Paying Extra On Your Mortgage Will Not Make You Rich
Have you ever wondered if you're on the right path?
With the insights you are about to gain, I hope you will choose not to always follow the crowd (and accepted wisdom), but to find the best path for your journey towards financial independence.
For the first step on that journey, let's take a look at the two places most Canadians accumulate the most money:
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Why You Don't Need An MBA to Make It in Business (In Fact It Could Hurt You)
A common reason people choose NOT to go into business is that they feel they don't have the right training or background. There's this myth out there that if you haven't studied accounting, marketing, and operations management on some college campus somewhere with vines growing on buildings and professors in tweed jackets, you don't have what it takes to succeed.
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Do You Think You Are Too Young Or Too Old To Become Wealthy?
It would seem that most people think that they are either too young or too old to become wealthy. The young do not think that anybody will take them seriously. On the other hand, the old think that their time has come and gone. Have you ever felt that way?
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Free Money: All You Need to Know
The idea of free money sounds good at first, but the reality of it is that it's rarely free. Even if it is free in a monetary sense, some other price is usually paid in exchange for so-called free money. The price paid for free money varies greatly, but it's always there.
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You Either Work for Money or Learn to have Money Work for You
A few simple ideas, when understood fully, lead people down the road to financial independence and wealth. You need to understand the difference between and asset and a liability. You need to understand the difference between earned income and passive income. You need to understand the three basic cash flow patterns. Finally, you need to understand how your focus in life ties it all together.
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