Finding The Cash For Wealth Creation
Keywords: Investing , Freedom Financially , Wealth Investment
One of the top reasons people never get started in investment for financial wealth creation is that they don’t think they have any cash to get started with. For the truly determined, though, finding wealth creation start-up money is easier than anyone might think.
Can You Free Cash For Wealth Creation?
Utilities, car payments, gas, food, rent, mortgage, insurance, medical bills, education bills, credit card debt, loan payments, these are just a few of the places your monthly income might be going. Surely, there are plenty more. It’s not too hard to see, then, that finding any “extra” money lying around is a challenge, a near impossibility! At least that’s probably how it seems to you at the end of the month. Just as surely, you recognize the importance of savings and investment; no doubt you know that you’ll never enjoy financial freedom if you keep going the way you are going. You might not even be able to retire before you die!
The fact remains however that most people have far more access to investment money than they think; that’s money they could be using to make more money and create wealth. And what investment experts and accomplished wealth creators find is that if you can show those people where they can access money, they are eager to get started on the path to wealth creation.
Self-made millionaire and wealth creation author Jamie McIntyre is all too familiar with this conundrum; one of his primary goals in helping people succeed at wealth creation is to first identify the access they have to money that they could be using to better themselves and others. In his book, What I Didn’t Learn In School But Wish I Had, Jamie identifies possible sources of investment income that regular people, in almost any country of the world, could be accessing to give them the means they need for wealth creation.
Seven Sources Of Wealth Creation Investment Money
Savings - pay yourself before you pay anyone else; it is the golden rule to wealth creation, and it is what every wealthy person does. Anyone can save money, and it is essential that you find a way to save some of your weekly income. If you are doing better than most and already have a stash saved up, use that money to make you more money.
Selling possessions - most of us have way more than what we really need to stay clothed, housed, and fed. This is a big reason many of us do not have anything saved up! If you are willing to sacrifice some of your extra belongings, or compromise a little on your short-term lifestyle, you could sell off some of the excess to get the money you need to invest in wealth creation.
Taxes - yes taxes are as sure as death, but overpaying taxes just eats up your free cash. If you are overpaying, or not taking advantage of all the tax breaks and credits due to you, you are throwing out money you could be using to create wealth.
Make more money - increasing your income is an easy way to bring in more wealth creation investment money. You can achieve this in one of several ways, such as taking on a second job, increasing your value in your current job, taking on more hours, setting up a second source of income
Other People’s Money “OPM”, it’s a money source a lot of people don’t want to look at because it means asking of others to further yourself. But you should consider that you could make money for your investors, too by sharing the wealth. And Other People’s Money doesn’t have to mean borrowing from Mom, Dad, or Grandma (but it might); OPM can be loan money, too.
Home equity - if you have a good deal of equity in your home, you have a virtually instant source of wealth creation investment money. With an aging mortgage and property appreciation, you might have a lot more equity in your property than you think.
Other People’s Equity - chances are your parents or grandparents will have property equity even if you don’t. Your parent’s equity is a great source of money for your investments.
These financial sources of investment money hold true for almost every citizen of the world. From Australia to America, there is plenty of access to investment money for the committed and creative! To find your investment money, you just have to take a hard look at what money you can really access, and the places you might already have it that you’ve neglected to consider.
Sean Rasmussen is a part time stock market investor and internet marketer. His website www.universalwealthcreation.com and blog www.seanrasmussen.com deals with Wealth Creation and Success Communication.
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