ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Wealthy mindset: understand steps to cultivate a wealthy mindset

Updated on August 16, 2012
lemmyC profile image

Ben is scientist, teacher, researcher and author who loves to help you to be more, do more and achieve more. He is an Amazon kindle author

“Wealth building is investing in assets; shifting your money management habits from spending to investing or a billionaire strategy.”

Chris Howard

If you are asked the question – ‘how wealthy are you’, what would you answer be. Well, our ideology or precepts about life will determine how we approach the question and therefore, the answer we give. What is wealth? How can I be wealthy and why do I need to be wealthy are some of the questions in this discussion aimed to provoke us to think.

First of all I have to point out that we have been given diverse gifts, talents, resources and opportunities to develop new skills by the Almighty God – the giver of all good and perfect gifts.

Sometime and indeed as always, these abilities which have been freely given to us may lie dormant or under utilised. In this article I’ll explore different ways we can adopt to fan these gifts or abilities into flame or develop our different mental acuities to enable us profit from them.

Trust

“Trust in the Lord with all your heart and lean not in your own understanding and in all your ways acknowledge Him.”

Take responsibility

Take responsibility and embrace an empowering mind set about money. Know money or else you won’t develop a relationship in terms of dealing with money

Be a goal setter/getter

Set goals and make them as big as your dreams

Plan

Create a realistic plan and take ACTION. Nothing would ever happen until a positive and fruitful action is taken towards accomplishing your plan.

Become a master of opportunity

Learn to turn obstacles to opportunities. Realise that underneath the obstacles are new horizons (in terms of success) waiting to unfold. Expect them and develop strategies and tactics to overcome!

Discipline

Be wiling to DO whatever it takes and have persistence focus. In the principles of achievement being focused is everything and this requires discipline.

Improve your financial education

Develop your knowledge on financial skills and vocabulary. Increase knowledge of business finance and read financial statements. You need to be more aware in financial matters.

Surround yourself with masterminds

Find people, usually business mentors and surround yourself and learn form diverse means from people who are Great achievers. Remember that, “iron sharpens iron and a man is sharpened by the countenance of his friends.”

Again, cultivate the habit of reading and endeavour to take action on what you’ve learnt. Turn your weakness to strength.

Develop the art of creative imagination

Learn the art of creative imagination and the ability to take develop your dream into a reality through taking MASSIVE action to make your dream a reality.

These steps if mastered and put into practice would enable you be able to achieve more. You need to be courageous and committed towards making it realizable.

©2010 Ben Ugoji

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      lolor 

      5 years ago

      helpful thanks.

    • lemmyC profile imageAUTHOR

      Ben 

      7 years ago from UK

      Thanks immortalcoach.

    • immortalcoach profile image

      immortalcoach 

      7 years ago

      Thanks for a great hub page. Developing the mind for wealth is for sure a very essential step. We are as rich as our immediate thinking. Here's to wealth! Immortal Coach

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)