Ten Essential Rules To Create Wealth
Taking control of your finances is essential if you want to achieve financial freedom and security.
Learning the basics can help you create a budget, save money, and start investing in order to grow your wealth over time.
This basic guide will give you the knowledge necessary to make smart decisions to set you on the right path.
Don’t hesitate any longer, take the time now to learn about wealth building!
What you will learn in this guide is an introduction to some of the basic rules of wealth creation.
For a more in-depth look into all aspects of these laws, check out the recommended books to read on this subject at the end of this guide.
The Path to Financial Freedom Begins Here!
Table of contents (10 basic rules Of wealth)
- If you apply yourself, anyone can make money
- How do you define wealth?
- Set your goals.
- It’s your secret!
- If you are lazy you can never be wealth
- Time to get real with yourself!
- What do you want for money?
- Think like a wealthy person?
- Where are you now?
- Get a plan going for yourself.
Ten Essential Rules to Create Wealth
Rule 1 – If you apply yourself, anyone can make money
The thing about money is it does not care who or what you are.
It doesn’t matter, there is no way money can determine which path it is in.
So this rule applies to everyone. It may be hard work, very tough, but it’s doable to make money as long as you apply yourself.
All the other laws that follow, can only take place if this one is taken seriously.
Without any application of this law, you can kiss goodbye to your dreams of wealth.
Rule 2 – How do you define wealth?
This is where you need to do a little bit of thinking for yourself and decide what success would look like to you.
Would it be a shiny new car, a mansion, 1 Million, even 1 Billion?
It can be absolutely anything you can think about.
Think long and hard and set no limits.
If it seems impossible and it scares you, then that’s what you should go for.
That way you will have enough to go on and keep learning.
Use your imagination here and think big.
Remember this is what you want!
This is about your success and your wealth.
Rule 3 – Set your goals
Goals are to grow and learn.
Set them high in accordance with law 2.
Without a goal, you have nothing to go towards to keep you motivated in pursuit of your definition of wealthy.
Write them down and be very specific with them.
Write a date down when you want them by.
It is no good just saying my goals are…1 Million or a new car.
Rather write down this as an example.
My goal is to have 1 Million Pounds in my bank account by the 31st of December 2024.
I plan to create and so on.
Be definitive, it connects more with your brain and your thinking patterns, and it gives clarity and a definite purpose.
Rule 4 – It’s your secret
Try not to tell your friends, family, or whoever you know what you are up to when you are starting out.
Why do I say this?
It is human nature for them to try to tell you not to, to ridicule you, be jealous of you.
The negative words will halt or even stop your progress, especially at the beginning when you are just starting out.
If you want to stop your dreams of wealth before they have begun tell the World about them, so please keep them to yourself, keep them a secret.
Rule 5 – If you are lazy you can never be wealthy
If you want your wealthy vision to come true then you are going to have to do some work that will make it happen for you.
If you think you can be lazy and it will just appear in front of you then think again, it’s just not going to happen that way. Sorry to be the bearer of such news.
At this point you might be saying I would rather be lazy, well that’s fine too, no one is going to force you to do anything in life.
I would just say this.
If you are in debt, always struggle for money.
Feel like something is missing in your life and you should be doing better.
Well, then I am going to say it again you will need to do some work.
Let me put it to you like this, If you are working at a job presently for someone else.
Working say between 40 & 50 hours a week, probably working hard too.
Then think about it this way: you are working on your boss’s wealth vision, what they want.
You are helping them get there.
If you can work those long hours for their vision, why would you not give up say 3 hours of your day and start to work on your own wealth vision?
Rule 6 – time to get real with yourself
It is no good moaning and complaining about all your financial worries and then doing nothing about changing it.
The only way to get yourself out of the position is to think about how you are going to make more money and then take action on those thoughts.
You need a reality check so take stock of how much you are spending, buying, and saving.
Why are you in the situation you are in?
Then you will know where you are, to start moving forward with your plan.
You need to face up to it.
Don’t be waiting for tomorrow thinking it will all go away.
The chances of you winning the lottery are next to zero. I might have more chances of guessing your phone number, so rather be relying on yourself and no one else to sort it out. If you want to sort it out then nothing is impossible you can.
Just take the first step and have a reality check on yourself.
Rule 7 – What do you want from money?
We all have our reasons for wanting money but what is yours?
Do you want to be able to quit your job?
Move to a new house?
Help out a family member?
Clear off debts, more savings?
The list is endless and there is no right or wrong answer here. Make it very specific to you and how it would improve your life.
When you have decided on the reasons you want more money then write it down on a piece of paper, keep it safe, and keep it to yourself. Writing it down makes it all seem more real, and keeping it to yourself will make it personal to you but also you don’t want anyone else saying why do you need x amount of money, that’s just greed.
No, it’s not, it’s just the laws of wealth.
Rule 8 – Think like a wealthy person
This is how the brain tends to work.
The thoughts you think will lead you to where you want to end up.
If you constantly think about less or lack then that is what will happen.
There are many books you can find on how to change your thinking to be more positive.
The simple way to use your brain to change how it thinks at the moment is by using affirmations.
Try using the words “I am” to start every sentence and repeat these sentences all day every day.
You will soon find your outer world starts to change thanks to these words.
Try it for the next 30 days and see what I mean.
Some “I am’s” to try
- I am wealthy
- I am Financially free
- I am rich
- I am a money magnet
- I am prosperous
Type “I am” into any search engine on your computer and a massive list will appear for you.
If you read and study how rich people act and behave you can learn from them and just start to copy them. Think like a rich person and become a rich person.
Rule 9 – Where are you now?
It is time to start managing yourself and take responsibility for where you are and where you want to go.
Do a clear budget of your finances to find out exactly where you stand, and what is going in and out of your bank account. Be honest here there is no point cheating when you do this otherwise you won’t be able to move forward from a clear starting point.
Find out exactly where you are now.
When you have done this you can now start to move forward
Rule 10 – Get a plan going for yourself
This is where you make a plan for yourself.
Why do you need a plan?
A plan gives you direction and a way of getting to where you want to be.
Without a plan, you may as well just walk around in circles all day.
If you like your job but want some more cash, then make a plan to get more money.
If you don’t like your job and want to get out, then make a plan.
If you want to start your own business, you have to make a plan.
Anything your wealth vision that you thought of earlier will require you to make a plan.
Now go back to Rule 1 apply yourself and take action.
Your dreams won’t work unless you do.
That is the basics of how wealth works.
Good luck and may you reach your wealth vision.
These are not actual laws enforceable in a court, but these are some of the basics of how the rules of wealth work.
Read any book on this subject and they will tell you the same.
There are many more rules just like these 10, so remember to think like a rich person and keep reading and studying
Setting Yourself Up for Success:
(My Short story)
How I Applied these laws to my life:(in a nutshell)
I worked all my life 50 hours a week and at the age of 48 found myself in 10k of debt, broke, in a job I disliked.
Paying out more than I was bringing in.
I took control of my finances and decided I wanted to work from anywhere in the World.
I wanted all my debts paid off and a regular passive income. (how much? remember keep it a secret)
Basically, the laptop lifestyle you are always hearing about these days.
So my plan was to build my own website, my own business, and use that website to make money and work from anywhere in the world as long as I had an internet connection.
I had no clue where to even begin but the plan and my wealth vision were in place and so I have begun to look for ways.
Now you can see that this does work as you found my website blog and grow wealthy.
I have gotten to this point by applying myself 3 to 4 hours a night instead of watching tv, not being lazy, constantly learning, growing, and making mistakes along the way. My dreams are happening before my eyes.
If I can do it, anybody can.
So now you need to ask yourself the serious question: what kind of person am I?
Am I willing to work and apply myself to make the laws of wealth work for me?
Books of reference to read on this subject and all that surrounds it.
(remember you always want to grow and learn)
- Think and grow rich – Napoleon Hill
- You were born rich – Bob Proctor
- The Rules of Wealth – Richard Templar
- Wake up and change your life – Duncan Bannatyne
- I can make you rich – Paul Mckenna
