Approximately one in every 335 salary earners successfully creates wealth. The bad news is that too few people know this and are therefore either doing nothing to create wealth, or they don’t know how it’s done and are therefore doing all the wrong things.
Here are a few examples of what salary earners should STOP and START doing if they want to create wealth:
STOP using credit to finance their lifestyle.
START only buying things they can afford to pay cash for.
STOP upgrading their lifestyle whenever they receive a salary increase or bonus.
START using their increase or bonus to build their financial reserves.
STOP buying possessions that cost them money.
START buying assets that make them money.
STOP buying things to impress their friends, colleagues and strangers for a minute.
START investing in things that improve their family’s financial security for a lifetime.
STOP waiting for that lucky break or miracle that will make them rich overnight.
START taking charge of their financial destiny and doing things that will create wealth consistently.
STOP only looking for the reasons that justify why they should buy something.
START looking for the reasons that justify why they shouldn’t or don’t need to buy something.
STOP obeying what marketers and advertisers “tell” them to do.
START doing what they have consciously and deliberately decided is the right thing for them to do.
STOP making spontaneous financial decisions that satisfy their need for instant gratification.
START making wise financial decisions that will benefit from for the rest of their life.
Kick off by working on one of these START or STOP patterns at a time and notice how differently you feel about wealth creation when you begin to notice tangible changes as a result of your efforts!
Gary Wilde is CEO of Wilde Insights . He is a behavioural specialist and the co-creator of The Wealth-Apprentice™ Master Class
www.wilde-insights.co.za
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