Attitude is everything in reaching financial independence. It is the money mindset that drives a person to take action towards big goals to achieve wealth. Having enormous money doesn’t come by accident; the only exception is inherited wealth that is usually passed down from another generation. For the rest of us, this requires deliberate planning and strategies.
Here is how to build your mindset and forge your attitude into a goal seeking agent fashioned to create great wealth and a state of financial independence.
Reading Creates a Money Mindset
In today’s world, entertainment takes the center stage of our lives. This forms a central part of our leisure. It is uncommon to find traditional readers of books in this digital world of instant gratification. A series of pointless YouTube videos or TikTok clips could rob a person of hours of valuable time each day.
The Right Materials
What becomes the essence of reading then? Well, we all read at some point. We read text messages, social posts, and online gossip and news. This kind of reading is not what we are talking about here. Because miscellaneous absorption of information produce miscellaneous results.
The true essence of reading produces knowledge leading to a money mindset. Specialized knowledge when applied well in commerce, or in the service of mankind eventually produce wealth. The former miscellaneous digital pastime falls short on that. To become a reader of investing books may take time. It is the substitution of our TV or Netflix time for traditional books.
For the purpose of this article, the true path to success and building a prosperity attitude is in the reading of non-fiction titles. These may include business, self-help books, and title that will teach you how to invest. They foster self development, personal growth, self improvement and produce real success. Real results come from acquiring knowledge stored in good books.
Focus Your Reading
Read around your core competence. Read books pertaining to your field or career. Consider seriously all reading materials that foster financial freedom. Try business books, personal finance, and motivational titles form the greatest authors of all time. Such as: Brian Tracy, Napoleon Hill, James Allen, Jim Rohn, Dale Carnegie, and others. And then some of the more modern contemporaries like Tony Robbins, Dave Ramsey, etc.
While checking out books, remember that blogs also contain a treasure trove of wisdom for building your acumen.
Stay away from fantasy books, novels, and all manner of fiction titles. Remember, you can work your way up the proverbial million dollar ladder, but you can’t dream your way into any fortune without mental mastery. Books are tools of self education. The right book list will equip you with more wisdom than three (3) years of college education.
Pursue High Ethics and Integrity
It is quite remarkable to discover that many people want to get something for nothing. They crave for success but will not pay the toll or price to reach that success. The most paramount of all values that a human could have is integrity.
Integrity simply means, to be morally upright in a consistent way even when no one is watching. A man or woman of integrity has high morals and complies with the ethics of every company or body they belong to. How does this money mindset translate into business success you might ask? If you had the opportunity to work for, or work with anyone, would you not prefer to deal with people who are genuinely harmless, truthful, and straight forward?
Character wise, business people with integrity are sought after. They are the ones trusted and rewarded and by their bosses, partners, and banks. True integrity may also come from a reservoir of humility. Those who are in touch with their spiritual side, or those who exercise self control and self discipline. Integrity is total commitment to one’s values without yielding to social or peer imperatives. This is the ultimate money mindset that Warren Buffett also looks for in a businessman.
Think and Act Differently From Others
Thinking differently is a mark of creativity. The world always rewards those who think outside the box. The simple reason is that the norm or status quo hardly produce outstanding results. Those who are comfortable with following the proverbial herd will always end up at the slaughter house of mediocre achievement. This is where the road eventually comes to an end for all that bull.
To go straight to the point, men and women who change the world are those that subvert the paradigm. They employ unusual ways, and creative strategies of achieving their goals. I know it’s sometimes unpopular to be different. That is why it pays high dividends. The fact that everyone else chooses the easy way should tell that contrarian money mindset that, this is a common route to fulfillment and failure.
A contrarian may be different but not controversial. He is a problem solver who simply discovers a more different perspective to life. He is focused and fearless. Many of us prefer our comfort zone and will stay out of the path of excellence because we fear it. Budgeting for instance is a habit that could transform your finances, but the herd may see it as chains and constrains to life.
In order to produce better results, act differently. And in order to act differently, start by thinking different. It’s as simple as that. Be bold and take this opportunity to become an achiever – not a spectator in the activities of the academy of life. This is also an important process in the Keys to Financial Freedom.
Build Strong Human Relations
As the earth turns on its axis, the world is looking for men and women who have the understanding of human relations. They are needed to lead and manage the heard. Leaders who understand the Golden Rule are sought after in all walks of life. Start by leading yourself. Follow your heart unto the path of self development.
What exactly is the Golden Rule? Plainly put, its “Doing unto others as you would want them to do unto you”. This is an old saying that the bible calls the “Royal Law” – Love your neighbor as yourself. How does that translate into financial success and freedom from the bondage of debt? Ask Dale Carnegie. He’s the author of many useful self-help books including, How To Win Friends And Influence People. He offers suggestions and ways to become a very likable person.
Any person not interested in leadership will still benefit from this great commission. Your entire life will be sweetened if you put others first before yourself. Put yourself in the shoes of other people whenever you make decisions. Be genuinely kind unto others – and expect nothing in return. That’s the whole idea. And success will surely come your way as the universe spins and rewards all men and women alike. All will reap both the good and evil that they have dealt out unto others.
Set Goals and Monitor Your Progress
Goals are the stepping stones to human achievement. Imagine daydreaming and attaining everything you fantasized about. Yes that is absolutely possible. Our thoughts become things. The possibilities and achievements of life are born out of the imagination of the few. Humans are known to succeed effectively when plans are set out, and goals written prior to taking action.
Written Goals
A goal is therefore an objective in writing or in mental form. Its is the achievement of an aim or intent in the near or distant future. This could simply be months or years, and sometimes just days or hours. However, a written goal is far more powerful than one that is merely in the mind. This is because our visual senses play a role by harmonizing with our mental faculty. They produce the desired end result when we see tangible writings on paper.
Make it a Ritual
Goals are paramount to all kinds of people in their daily endeavors. A useful habit for the family, home, and more importantly in the circle of business also. A goal setting ritual will bring more clarity about the future to the individual. A business or venture leans toward the practice, to meet the demands of customers and stakeholders. A higher probability of achievement can be expected from effective and realistic goal setting when applied intelligently.
Break them into objectives
There are many basic ways in which goals are set. Set your goals by visualizing it into the future. Break them down into long-term goals, mid-term goals, and short-term goals respectively. Select a time frame such as 12 months.
List 10 things you would like to achieve in the next year. After that, break down this into monthly sub-goals. For each month’s goals, break them down further into weekly goals, and daily goals. Use a basic rule of setting 3 to 10 tasks you’ll need to achieve each day to meet the week’s objectives.
Examples of Goals that foster a money mindset
- General Financial Freedom Goals
- Money Saving and Budgeting Goals
- Debt Elimination Goals
- Learning to Invest in Stocks Goals
- Building an Emergency Relief Fund Goals
- Relationship and Family Goals
- Health and Fitness Goals
Note that in the achievement of the smallest daily tasks successfully, they foster the incremental success of all the goals for the entire week, month, and year. Then also, create the habit of reviewing your goals from time to time, and monitor your progress.
In Conclusion
Attitude is everything. The right mindset should be cultivate to bring you into the place to accumulate wealth. By accessing business books, courses, setting goals, and pursuing high ethical standards in everything you do will put you in a category above your peers.
By now you can you can count yourself on your way to financial independence. How much of a role have books and online articles played in your Fi journey. Could you share a few thoughts in the comments below?
Summary:
- Read resourceful books
- Pursue high ethics and integrity
- Think and act differently
- Build strong human relations
- Set goals
Further Reading: Check out our book recommendations on this topic from our Resources Page.
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