VISION

SIGHT is what you see with your eyes.

VISION is what you see with your mind.

If you want to be rich, you need to develop your vision. You need to be standing on the edge of time, gazing into the future… you need to invest in what is going to happen, rather than what has already happened.

TRAIN YOUR BRAIN TO SEE MONEY

Every day $1.4 Trillion orbits the planet electronically, and it is increasing. There is more money being created and available today than ever before.

No matter your present circumstances, here are the four steps to your first million:

• Decide that it's okay for you to become a millionaire
  
• Practice imagining yourself enjoying an abundant lifestyle.
  
• Spend less than you earn
  
• Invest the difference

Invest your 10% surplus into investments that can earn at least 10%. A dollar a day invested at 10% interest becomes a million dollars in 56 years. If you want to become a millionaire faster, then invest more money or find ways to make your money grow at higher rates of return.
The most destructive of all words... the word tomorrow. The poor, the unsuccessful, the unhappy, the unhealthy are the ones who use the word tomorrow the most.

Tomorrow’s only exist in the minds of dreamers and losers.
“I have never seen a tomorrow. All I have are today’s. Today is the word for winners and tomorrow is the word for losers.”

If you want to get rich... don’t ask for a raise. Instead of asking for a raise, begin to ask how you can serve more people.

If you want to retire young, and retire rich, you need to have a plan that is far faster than the plans of most people.

Learning is the single most important tool for people, teams, and companies that want to get fast and stay fast in the new economy.

Earned income is the income that you work the hardest for and you are allowed to keep the least of.

” When you get a raise, so does the government.

“Your greatest expense in life is the money you do not make.”

“The trouble with selling your labor for money is that there is only so much you can do…… and your labor has no long-term residual value.

Most people try and solve their problems with what they know, rather than expand what they know so they can solve a bigger problem.

Finding a high-paying job may seem like the fast way to get rich at the start, but in most cases it is the slow way to become rich in the end.

"... very few people become rich via a job."



Your future is what you do today, regardless of your dreams.

Dreamers dream dreams and rich people create plans and build bridges to their dreams.”

... stop doing today what you do not want in your future.

Retire Rich, Retire Young

DEBT

Debt can be a Winner’s Leverage…. It can also be a Losers Leverage.

The rich use debt to win financially and the poor and middle class use debt to lose financially.

Bad Credit Could Cost You $1 Million

One reason the middle class and poor fall behind the rich is because they use the financial power of bad debt to fall behind in life. The rich use the financial power of good debt to propel them ahead.

Good debt vs. bad debt. CNN Money guide to controlling debt. How to accomplish your financial goals by making debt work for you.

Credit and Debt Management. Money central


The Basics, Good debt vs. bad debt. MSN Money

50 Financial Calculators to help you with:

• Auto loans (5)
• Currency
• Investment (9)
• Mortgage (13)
• Retirement (10)
• Savings and Loan (12)

INCOME

Plagued by job insecurity, rising health care costs and weakened pension plans, the modern American worker tends to take leisure in snippets.

The leisure time of past generations -- characterized by greater social involvement and longer chunks of uninterrupted time -- does not exist for most of the population, experts say.

Need more income?

Don’t ask for a raise. Instead of asking for a raise, begin to ask how you can serve more people. If you get a raise you are working for the wrong kind of money.

INCOME TYPES

Earned income.
Earned income is YOU working for money. It is the income that comes in the form of a paycheck. It is also the type of income you ask for more when you ask for a raise, bonus, overtime, commissions and tips.

It is the highest taxed income.You personally have to work for it and it takes up valuable time.

The primary way most people increase their earned income is by working harder. There is often no residual value for your work. In other words, you work, get paid, and then have to work again to be paid again.

You can use earned income however to build portfolio income and to establish a foundation where passive income sources can help you MAKE money replacing your earned income.

Notice that there is a difference between earning money and making money!

Portfolio Income.
Portfolio income is generally income from paper assets such as stocks, bonds, and mutual funds.

This is typically the longest route to becoming a millionaire, but it is the easiest. You can literally become a millionaire by investing as little as a dollar a day ($30/month). Zoom in on the following chart and see how the investment of a dollar per day grows into $1,000,000 in 66 years!



What will it take to save a million dollars using other combinations? Use the Millionaire Calculator.

Recent stock market performance is shown below.

DOW

NASDAQ

S&P 500

Passive Income.
Passive Income is generally income from real estate, royalty income from patents or the use of YOUR intellectual property (example: songs, books, or other objects of intellectual value).

Work hard for passive income because, in the long run, you work less and less, serve more and more people, and earn more and more.

One Minute Millionaire