Home Ownership & Wealth Building

Posted on May 27, 2020 by TheWealthIncreaser.com

Learn why you must determine if home ownership is for you on the front end—if you desire to build wealth efficiently…

In the current economy many are contemplating whether moving into a home or continuing to rent is the best option for them and their family at this time.

In this discussion TheWealthIncreaser.com will discuss ways that you can decide on whether purchasing a home now in an effort to build wealth or continuing to save and purchase at a later date is your best option.

Even though owning a home is the dream of many around the world, home ownership may not be for you—or for you at this particular point in time.

You must determine on the front end if you are “ready to buy” (by looking at your financials), “willing to buy” (by understanding what home ownership consists of) and be “able to buy” (by having the credit score and funds that are needed to consummate the closing). You must also know your responsibilities after the closing so that you will improve the odds that you will remain a homeowner!

Let’s now look at the above concerns in greater detail to determine if home ownership is right for you at this time so that you can build wealth or pursue your path toward the success that you desire and deserve in a more efficient manner.

Looking at Your Financials…

It is important that you know at the earliest time possible what you make and what you spend on a monthly basis.

Therefore you must create a monthly cash flow statement or budget at a minimum and use the information that is obtained from that analysis to make wise financial moves—whether it be a home purchase or any other major purchase.

You must have the income that allows you to meet your current or potential housing payment and pay off your other debt on a monthly basis in a way that leaves you in the black (positive income after income and expenses are determined).

Looking at what Home Ownership Offers You …

It is important that you understand the home buying process “prior to” closing on your new home.

If you purchase in the right way your home purchase can be an investment in your and your family’s future and can help you build wealth more efficiently.

Home ownership offers you the opportunity to have more peace of mind by having private access to your own dwelling that you are responsible for in the form of making timely monthly payments if you take out a mortgage–as well as other upkeep.

You are also responsible for maintaining the interior and exterior of the home, upkeep for landscaping, Heating Ventilation and Air Conditioning, water, electrical, gas and all appliances in the home—among other areas of upkeep.

Looking at Your Credit Score and the Funds You Need to Close…

You must also ensure that you have been managing your finances wisely in the past—or at least for the past 24 months or so.

If you lack the money management personality that allows you to manage your finances effectively—now may not be the time to purchase your dream home.

Do you have an emergency fund in place or do you have a plan to properly establish one prior to or during your period of home ownership that is realistic and achievable based on your household income?

Do you have the necessary down payment and funds for closing on the home that you desire?

Do you know the price points (what you qualify for that allows you to live at the level that you desire) of the homes that meets your monthly budget that will or will not leave you house rich and cash poor?

By answering the above and other pressing questions that are unique to your net worth at this time and your income and expenses—you put yourself in a better position for your home purchase regardless of the economic climate or what others may be doing.

Conclusion

The purchase of your dream home could be the key toward more freedom and financial independence (wealth building) for you and your family if you do it right on the front end by addressing the topics that were discussed above.

By purchasing when the time is right in the right neighborhood with strong schools and an improving economic landscape you can build equity and possibly refinance (pull money out for home renovations or other financial concerns), sell (after 2 years of ownership as an owner occupant you can sell tax free on gains up to $250,00 or $500,000 if married), use the interest payments to lower or limit your tax liability (deducting the mortgage interest on schedule A), rent the property out (for income and tax advantages) or pass on the property to future generations in a way that allows your future generation to have a better stake in where they can take their life and their family’s.

You must realize that as with any investment–market downturns can and will occur–and that is true in the housing industry as well!

Always realize that home ownership is not for everyone as many are totally comfortable renting and using their funds to build wealth in other ways. However, home ownership can be a powerful tool for those who use it in the right way–and are properly positioned to purchase at this time.

Still others are at a debt level that makes owning even a starter-home unrealistic at this time!

Even though there are no guarantees in life, a home can be purchased and utilized in a way that can help you build wealth. If used effectively your home purchase can be used as a major tool for helping you enjoy your retirement years in a way that serves your best interest as well as helping you achieve many other goals that you have.

Besides, you have to live somewhere!

All the best toward your home purchase and building wealth at a level that is “your” absolute best…

The above article was written by Real Estate Agent Thomas (TJ) Underwood who is a licensed real estate agent in the state of Georgia serving the South Metro area of Atlanta. He is the creator of TheWealthIncreaser.com and has over 20 years of real estate experience in the Atlanta market. He has written over 500 articles on personal finance and real estate along with a number of books and e-books and he is passionate about helping potential home owners purchase their home in a manner that serves their best interest and his writing style reflects that passion.

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Why You Must Believe in Yourself While Building Wealth

Posted on May 23, 2020 by TheWealthIncreaser.com

Learn why you must believe that you will achieve–as you build wealth…

Whether you look down at an ant and believe that you can’t or you look up and see a star and truly know who you are–you must always know that you can—if you plan.

Your vision of success must be within your heart and mind and you must move to action on a consistent basis in a way that you can win–that will bind!

Are you in position at this time to make moves that are divine (will last throughout your lifetime and beyond)? It is important that you have a handle on your finances in a way that puts you in control–and keeps you in control.

In this discussion TheWealthIncreaser.com will detail ways that you can achieve your dreams and move forward in life at a good or more prosperous pace while you are here on earth.

Determine Your Cash Flow at the earliest time possible!

Will I earn just enough to get by on or will I obtain a surplus that allows me to go through my monthly expenses and determine what is best for me and my future? Your cash flow position allows you to look at your finances and debt in a way that you may have avoided in the past.

Determine your credit management skills at this time!

Are you aware of what credit is and how you can make it work better for you and you family? It does not have to be difficult if you have the right approach.

Now is the time that you develop the credit management skills that will serve you throughout your lifetime.

Determine the areas of your finances that you can improve upon!

Whether you desire to improve your insurance position, investment position, tax position, emergency fund position, education planning positions, estate planning/wills position, or your retirement planning position you must know that you need to address those areas and you must have a plan of attack–do you?

Conclusion

You can achieve many of your goals that you may feel are out of your reach at this time. Proper focus and a plan of action that has the real potential of making real success happen in your life must be utilized in a way that leads to the success that you desire.

You can achieve all of the goals that you have in your heart and mind if you are truly sincere and you have an unwavering desire to make real success happen in your life at this time.

All the best as you achieve all of your wealth building success…

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Smallest to Tallest & Debt Payoff

Posted on May 17, 2020 by TheWealthIncreaser.com

Learn how you can pay your debt off faster and start to build wealth efficiently throughout your lifetime…

In the current economy many are contemplating ways that they can pay off their debt effectively and more efficiently. Many are over-thinking their situation and remaining idle or are moving forward at a snails pace.

The real key at this time is determining if you are truly motivated to pay down or pay off your debt, and if so–putting together a debt payoff or debt pay down plan that you believe in and will get you the desired results.

There are many approaches that you can take to pay off your debt such as the debt snowball approach where you attack the smallest debt and go to the largest, debt avalanche approach where you attack the highest interest rate and move to the lowest interest rate along with many others that are too numerous to discuss at this time.

It is important that you realize that the real key to paying off or paying down your debt is determining “why” you want to pay off or pay down your debt and then making a real commitment to focus in on a consistent basis according to a plan that works for you and your cash flow position.

Do you desire to save time and interest by using the debt avalanche approach or do you feel more comfortable eliminating debt faster but paying more in interest overall by using the debt snowball or some other method?

Your money management personality will play a role in the debt payoff method that you consider–and ultimately choose!

Many of those who now have credit card debt and other revolving or installment debt are looking for creative and highly effective ways of paying off their debt. And even though we are in the COVID-19 era–NOW may be the time for you to start on your debt payoff or debt pay down journey.

In many cases, the simplest and most effective path is paying off the smallest (the one with the lowest balance) debt that you now have and then working your way up to the tallest ((the one with the highest balance) debt that you owe.

Conceptual Understanding

Keep in mind that there are many other ways to pay off your debt and this strategy may not be right for you, but is one worth at least considering.

Even so, you still want to know that in case of a financial emergency you will find yourself in a comfortable position to still be able to pay off your debt.

In this discussion TheWealthIncreaser.com will detail ways that you can pay off your debt and at the same time build a better future for yourself and your family—in the current economy.

If the amount of debt that you owe is at a high level and it looks difficult to pay off or pay down at this time—it is ok if you are outraged at your past behavior—however you must leave anger behind as it has the potential to slow down your progress!

Your outrage (motivation) at this time can get you on a path toward major debt payoff and turning your finances around and achieving meaningful goals.

At this time TheWealthIncreaser.com will discuss ways that you can pay off your debt that will force your mind to take a more visual look at your debt that could lead to you becoming more inspired to pay off or pay down that debt in a more timelier manner so that you can enjoy life on your terms.

Let’s now look at how you can reduce your debt efficiently at this particular point in your life.

Smallest to Tallest Credit Card Debt Payoff

By starting your debt payoff method by looking at what you owe from a comprehensive perspective (analyzing all of your outstanding debt) you can put yourself in position to come up with a more efficient debt payoff or debt pay down plan.

By knowing your monthly income (and outlining your total debt that you have at this time) you can put yourself in real position for real success throughout your lifetime!

It is important that “you” know your current balances on all of your outstanding debt and your interest rates along with what you spend based on your standard of living on a monthly basis.

Assuming your credit card and other monthly debt are as follows:

Credit Card 1 $1,560–minimum payment $30–17.99% interest rate

Credit Card 2 $1,970–minimum payment $30–13.99% interest rate

Credit Card 3 $2,460–minimum payment $50–20.99% interest rate

Credit Card 4 $3,975–minimum payment $70–11.99% interest rate

Auto Loan $1,260–payment $300

Mortgage $115,600–payment $800

Utilities and other monthly expenses including auto and mortgage were $1,800 in total:

If your income on a monthly basis is now at $2,500 you would have $700 ($2,500 minus $1,800) to apply toward your credit cards and other debt on a monthly basis. By paying the minimum amount on credit cards 2, 3, and 4 ($150) and an additional amount of $550 on credit card one you would eliminate credit card 1 which has the smallest balance in 3 months and move along to credit card two that has the second smallest balance.

You now have $550 that you were paying on credit card one and $30 that you were paying on credit card two ($580 total) to use to pay off credit card two and in just over 3 months from the time of paying off credit card one–or 6 months from your debt payoff start day credit card 2 would be paid off.

You now move to credit card three and you now have$580 plus the $50 ($630 total) that you were paying to credit card 3 to pay off credit card three in about 4 months from the payoff of credit card 3–or 10 months from your debt payoff start day–and credit card 3 would be paid off.

You would then have $630 that you were paying off for credit card three to apply to credit card 4 that you were paying $70 per month to pay off–meaning you would have $700 after 10 months of paying off your credit card 1, 2, and 3 to apply to credit card 4 (your tallest credit card debt).

Therefore, at a payment of $700 per month in less than 6 months credit card 4 would be paid off and you would be in position to use the $700 that you now have available on a monthly basis to properly establish an emergency fund if you have not done so, establish an education savings account for your child, pay off or pay down your car payment or mortgage payment more aggressively, save more aggressively for retirement or pursue other goals that you may have.

By using your motivation, an effective action plan and putting forth the required effort– in 16 months from the start of your debt payoff journey you would have all of your credit card debt paid off and you would be in a better position for lifetime success!

If your income was at $5,000 per month you could do even more by paying off the above debt even more aggressively,

If you lacked the income at this time (say your income on a monthly basis was less than $1,900) you would have to get more income, cut expenses or do a combination of the two.

If your debt payoff under the best of circumstances would take 4 years or more bankruptcy should be given real consideration “prior to” depleting your savings, retirement and other accounts.

That is why you must “at this time” determine ways to increase your income or cut your debt level (or do a combination of the two) so that you will not overthink your situation, remain idle, or make bad choices by not seeing a realistic way out.

You now know that you can achieve optimally during your relatively brief stay while here on earth, however it is your responsibility to get the ball rolling and stay committed even when adversity occurs.

Conclusion

It is not only important, it is imperative that you come up with a plan to reduce your debt or save more aggressively so that you can reach your desired goals.

By making a decision at this time “you can put yourself in position to control your future” as opposed to having credit control your future.

You can lead your family and loved ones on a positive journey where success lives!

All the best as you journey toward a lifetime of success and pay off your debt from smallest to tallest or in any other manner that you see that will work for you and your family…

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Deep Thought & Wealth Building

Posted on April 20, 2020 by TheWealthIncreaser.com

Learn why giving deep thought to what you desire most can lead to you reaching your wealth building dreams in a more efficient manner…

In the current economy it is more important than ever that you give “serious thought” to what you desire most.

In this discussion TheWealthIncreaser.com will discuss the importance of giving “deep thought” to what concerns you most during your lifetime while you are here on planet earth.

And just as the creator of this site is giving deep thought and looking back over many years to determine where and if improvements can be made in various areas—so too should you be looking back over your lifetime and determining where you can make improvements and enhancements to improve your living conditions–now and in your future.

With the COVID-19 virus running rapid in many parts of the world many are taking the time to “look within” and see if there is a greater meaning for their life as they experience major changes on a daily basis in how they go about their day to day activities.

And just as you must give deep thought to how the COVID-19 virus will affect you and your family—so too must you give serious thought about how you will more effectively manage your finances from this day forward.

You can now give serious thought to your current state of your financial affairs and make a serious decision to pursue financial success at a level that is your absolute best.

By giving serious thought to the three steps that are outlined below you can get a real jump on what you need to do—to make your wealth building dreams come true.

You can do more than think about what lies ahead in your life because “you have the power to do so” and you can at this time leave anxiety and the uncertainty that you may feel at this time behind you in the wind—exactly where it should be.

Although your future is not guaranteed by any stretch of the imagination, there are things that you can do to put yourself and your family in a more favorable position for long-term wealth building success.

Learn why you must choose success at the earliest time possible…

In 2010 the creator of TheWealthIncreaser.com was disgusted about how the financial downturn occurred and therefore decided to create a website (Realty 1 Strategic Advisors) to help those who were affected by the 2008-2009 financial crisis better navigate their financial future.

Furthermore—the creator of TheWealthIncreaser.com wanted to help those who were not affected better prepare themselves for the future in a manner where they could better control their personal finances.

Even though many visitors came aboard and used the content on the site to achieve greater success throughout their lifetime—others remained unconcerned or uncommitted about their financial future.

By frequenting this site at this time you have the opportunity to change the trajectory of your future when others choose to do otherwise. You can make a wise decision at this time to choose long-term success if you are now ready to give it your best.

Learn why the time to choose a better path toward success will never be to your liking…

You must realize that even though we are in a COVID-19 environment, now is the ideal time that you choose a path toward success that has fewer roadblocks and pitfalls.

You must realize at this time that your path toward what you desire will never be perfect or what you consider ideal.

Therefore you must make a serious commitment to give it your best at this time so that you can achieve at a higher level on a daily basis.

Even though the success that you desire may not be near—you must “act daily” as if the success that you desire will appear…

It is important that you have faith that what you desire to occur in your future will truly materialize.

By frequenting this site you are showing a level of commitment that will stand the test of time and will take you toward the dreams and goals that you have—that are divine.

You must take action on a daily basis in a manner that says—success is not only near—success is here.

You make happen what you desire to occur most by taking action at a very high level on a daily basis so that you can win the majority of your races (your goals are reached consistently) and make success more likely to occur because you are taking the right paces (moving toward success in a winning fashion).

Conclusion

By giving serious thought to what you desire most you can achieve at a higher level of consistency and reach toward a higher level of success.

You can now think about your future and leave worry, anxiety, fear, frustration, lack of effort and excuses behind–and achieve the type of success that is one of a kind.

You don’t have to live daily in a manner where you let uncertainty and anxiety rule the day—if you decide to look at and attack your financial and wealth building future in a better way.

Even though others may be in a shell at this time, we are of the opinion that now is the time that you take even greater action and move in a way that can help you and those you love achieve even greater success because you made a “serious decision” and decided to give deep thought to what your future was about–and you were sincere in your actions toward not only moving yourself and your family forward–but society as well.

All the best to your “new thoughts” and unlimited success as you move forward…

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Timing & Wealth Building in the COVID-19 Era

Posted on April 4, 2020 by TheWealthIncreaser.com

Learn why the time to do what you need to do financially varies depending on where you are now at in your life stage…

In the current economy in many parts of the world many are at a point where they must stay in a confined area for a certain time period and/or must keep a certain distance from others due to the COVID-19 virus.

Many are using this time wisely and are looking within in an introspective manner to see what they can possibly do better in their life.

It is important that you at this time determine where you are now at financially and otherwise—and make the best or most optimal moves “at this time” based on your current life stage and financial position.

In the following paragraphs you can learn how you can use your time more wisely and achieve at a higher level—at this time—and in your future.

Plan in advance for uncertain times…

You can use your time more wisely by focusing and planning on what you desire to occur in your future. Many of those who have frequented this site for years are now in a better position than most to handle the uncertainty and anxiety that is now in the atmosphere.

Whether it be financial or otherwise you make the likelihood of future success occurring in your life when you plan for success and particularly when you put your planning in writing.

You can use personal financial statements to see where you are now at and use the information that is derived from those statements to see where you can go.

You must plan for success by knowing how credit works and using that knowledge to manage your credit in a manner that serves your best interests—not creditors.

You must plan, pray and take the right posture on a daily basis if you truly desire to position yourself and your family for lifelong success!

It is also important that you have a comprehensive overview of your finances so that you can plan daily in a manner where you can win--consistently. Even if you now find yourself in an adverse position as a result of COVID-19 or other factors you must always know that you can put rebound mechanisms in place and still achieve your goals throughout your lifetime.

Know what you desire in your future…

You also want to take time—right now—to do some deep thinking to determine where you really want to take your future.

What were you put on earth to do?

Use the time that you have now to search your soul and determine if what you are now doing or working toward doing is what you were truly put on earth to do.

Or is what you are doing at this time something that you must do—but it serves no real end toward making your dreams come true.

Use a calming approach (you slow your mind down and receive the inspiration and dreams that were meant for you) and look within at your life and see if there is a better, more effective way of achieving what you really desire.

Do continuous review in order to make your dreams come true…

Once you put your plans into action you must still have the mindset that you will do continuous review and fine tune where necessary.

You can achieve many of the goals that you may now feel are out of reach if you take the time now to plan—do and review.

By doing so consistently you can achieve at a higher level and fatigue and a feeling of doubt will play no meaningful role in holding you back from achieving your dreams.

Conclusion

You can at this time choose to get down on yourself and remain where you are now at or move along in life at a snail’s pace—or you can use the time that you have to look within and plan for a better and brighter future.

You can better prepare yourself and your family for the perils that lie ahead (both seen and unseen) and position yourself to “weather the storm” in a way where you come out in a good position—or possibly even in a better condition than when you were experiencing the storm–or even before the storm.

It is the desire of TheWeaalthIncreaser.com that this discussion has led to “a calming of your thoughts” and a feeling of well-being about your future. Regardless of where you now stand better days lie ahead and you can use what you have learned in this discussion that you feel is appropriate to move forward–to “your” best advantage!

In the age of COVID-19 you must believe and know that you will come out on the other side in a stronger position for success—whether it be financial or otherwise!

You must also remember that the time to do what you need to do to make your dreams come true will never be ideal. You are now alive and visiting this site and you have the opportunity to get your future right–in spite of the disheartening news that you may hear on your radio or hear and see on your phone or TV tonight.

Those who have been utilizing this site for years continue to do so due in large part to the calming effect that it has on their financial life.

For those of you who are new to this site it is the desire of TheWealthIncreaser.com that you continue to visit if you find value in this site so that you too can transform your future to that of true success once and for all—whether it be financial or otherwise.

All the best to your success during these difficult times and throughout your lifetime…

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Preparation & Wealth Building

Posted on March 25, 2020 by TheWealthIncreaser.com

Learn why you must prepare for wealth building success and always give it your best…

In the current economy anxiety and a feeling of uncertainty is inside the mind and heart of many, however those who have “prepared for success” are less likely to exhibit stress and anxiety at this time (or in the future) than those who “failed to prepare” for success in their past.

With the stock market around the globe fluctuating wildly and the COVID-19 virus running rampant in many parts of the world, many are feeling uncertain about their financial future and their future well-being in general.

In this discussion TheWealthIncreaser.com will discuss how those who prepare for success–experience less stress as they move along at the various stages of their life–because they have chosen to give it their best.

It is important that you gain a real understanding of the following paragraphs as it can allow you the opportunity to pursue the success that you desire in a manner that allows you to win continuously during your lifetime.

Knowledge of what needs to be done…

It is important that you have knowledge of what you need to do to make your wealth building (and life) dreams materialize during your relatively short stay while here on planet earth.

That all starts with knowing what you need to do in clear and cohesive terms so that you will know what you need to focus on–and move to action on–during the various stages of your life.

Action plan to do what needs to be done…

You must know that by preparing in advance by properly establishing an emergency fund at the earliest time possible you are showing a real desire to achieve long-term success.

Even though conventional wisdom says that a three to six month emergency fund is appropriate you may have a need for an even greater amount in your emergency fund.

If you are a business owner, real estate investor or you like to invest in the markets more aggressively than the average investor you may have a need for an even greater amount in your emergency fund.

In addition, you want to prepare for your future properly, therefore you must know your inflow and outflow of cash on a monthly and yearly basis as well as having a real understanding at the earliest time possible of your net worth and what you can do to increase your net worth more efficiently.

Furthermore, you must have mastery of how you manage your credit so that you can know if you can possibly manage your credit more effectively.

In addition, you must take action in a comprehensive way by looking at and improving your finances in all areas so that you can achieve more throughout your lifetime.

Constant review and improvement where necessary…

Even though you may have done all of the above, or plan on doing so–the journey does not end there!

You must prepare your mind for systematic reviews of your finances so that you can make adjustments and improvements where necessary.

You cannot do like others who get complacent and comfortable about where they now are and show no initiative to move forward in a better or more efficient way.

You must see the relationship among personal financial statements, credit management and the management of your finances in all areas. By doing so you can achieve far more and put yourself in position to do what you enjoy on a more frequent basis while you are here on earth.

Conclusion

By preparing in advance whether it be your finances or any other area of concern that you may have you open up the possibility to achieve far more during your lifetime and you put yourself and your family in a better position for short and long-term success.

If you are a college student, just entering or leaving the job market, a seasoned veteran on your job–or you are trying to find a better way to manage your finances you must realize at this time that it all starts with preparing your mind for what you desire to occur in your future.

By preparing for your “wealth building success” you can put your mind and heart in position to give it your best.

All the best as you give deep thought to your future of unlimited success…

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Field of Sight & Wealth Building

Posted on March 15, 2020 by TheWealthIncreaser.com

Learn why on many occasions you can’t achieve the wealth building goals that you don’t see clearly…

In the current economy many are uptight and have a certain level of uncertainty about what lies ahead for varying reasons.

In spite of what is occurring in your country and on the world stage it is important that you have in “your field of vision” what you want to occur most in your wealth building future.

In this discussion TheWealthIncreaser.com will discuss the power of focus and concentrating on the goals that you desire in your and your family’s financial future.

In the following paragraphs you will learn what you need to have in your “field of sight” if you desire to make the financial goals that you desire happen in a more time-efficient manner. It is important that you have a “clear view of what you need to do” to make your dreams come true.

This discussion is designed to get you started fast on your journey toward achieving what you desire in a manner where you encounter fewer roadblocks because all obstacles have been cleared out of your way–and you can see what lies ahead clearly.

View of the steps that you need to take…

You must see clearly how you can use financial statements to reach your goals in a more efficient manner. Your usage and understanding of a personal cash flow statement can help you plan and reach the goals that can make a real difference in your quality of life.

By having clarity or a clear view of what you need to do–you set yourself up for making your dreams come true.

You cannot effectively address what you don’t see, therefore, “how credit operates” is something that you must see–if you desire to be all that you can be. You must have mastery of your credit so that you can achieve more during your lifetime if you are one who have a need or desire to achieve more.

You cannot strive to reach what you don’t see, therefore you want to know all areas of your finances that you must address–so that you can strive to reach a higher level of success.

By knowing what you must address you put your mind in position to look at your insurance, investments, taxes, education planning, emergency fund, estate planning/wills and retirement planning in a more balanced and beneficial way where the advantage can go in your favor as opposed to creditors and others.

Clarify that what you see is what is meant to be…

Is the inspiration that you see true inspiration and what you should act upon or is the inspiration something that you should take a pass on? Are the goals that you desire to achieve really what you should go after?

If what you desire is something that you should act on you won’t feel insecure or doubtful about what you are about to embark upon. Quite the contrary, you will joyfully pursue what you desire and do all that you can do as you reach higher.

If what you see is what is truly meant to be you won’t be fearful and afraid to move forward. Quite the contrary, you will be moved in a focused and sincere way to move forward–starting today.

Vision of your mindset or mental toughness to achieve what you desire…

You must see yourself thinking through what you need to do to make your financial dreams come true. You must have a view of your future where you see “what you desired to achieve” has already occurred–and you are in effect experiencing at the time of your thoughts the reality of “what you visualized” to occur at a future date.

You must determine if what you see is what is truly meant to be. You do so by giving serious deep thought to what you desire most so that you can gain the strength that you need to put into action what you see.

You must see yourself on a daily basis doing the work that is necessary to make what you really desire occur in real time. Do you see yourself occasionally looking at your finances in an intense manner and making improvements where necessary? That is the mindset or mental toughness that is needed by you if you desire to achieve consistent success throughout your lifetime as you build wealth.

Conclusion

It is important that you look out into the horizon and see what lies ahead as far as your financial future is concerned.

You must see yourself achieving whatever it is that you want to occur both in your financial life and outside of your financial life! You must bring into “focus” or “your field of vision” what you want to pursue in a sincere and never relinquishing way–starting today.

By frequenting the links on this page, you can bring into your “field of vision” a real pathway to achieve and reach your destination in a way that allows you to give it your absolute best–consistently.

You can visualize a new way toward achieving success and you can gain the determination to always give it your best.

TheWealthIncreaser.com asks that you make a real commitment to dig within–so that you can win and achieve what you desire again and again.

All the best, as now is the time that you truly see success.

Now is the time that you do it right, because the success that you desire is within your field of sight.

Arm yourself with the right knowledge and go out and achieve your dreams!

Achieving the success that you desire is no longer as hard as it seems.

All the best to a lifetime of success–in large part because you decided to give it your absolute best…

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Due Diligence & Wealth Building

Posted on March 11, 2020 by TheWealthIncreaser.com

Learn why you must do your due diligence before, during and after you build wealth…

In this month—which is special as it was the month that the creator of TheWealthIncreaser.com came into the world, the topic of due diligence kept coming up as a topic that should be discussed at this time.

In the words of Satchel Paige “it’s about mind over matter” and age does not matter if you don’t mind–or something to that effect. In a similar manner but with an opposite twist–you must do your “due diligence” on the front end so that you can avoid financial mishaps on the back end (give it your best now–so that you can relax later).

As the creator of TheWealthIncreaser.com turns over another year it is also appropriate that you also turn a new page in your life and do the “due diligence” that you need to do to prevent bad things from happening to you.

Questions you need to ask on the front end…

Are the financial advisor(s) or company that you seek to represent you reputable? Are they operating on a fee basis or commission basis or a combination of the two?

Are you comfortable that those who you choose to represent you–can do what you want them to do?

You must get to a point where you can smell it and see it coming when it comes to fraud and unscrupulous behavior of those who represent themselves as seasoned pros in the various financial arenas.

Are those that you choose to assist you with your finances or otherwise choose to represent you competent—based on experience that can be verified? Does the company have a track record of success. Does the company or advisor offer you the ability to meet with them in a comfortable environment to see if you are a good fit with them–and they are a good fit with you?

You can guard against and lessen the effect of financially adverse situations if you have a “financially alert mind” and you stay informed about the financial affairs in your life.

You must do what is reasonable and expected when you are choosing a financial advisor or planner.

You must also do what is reasonable and expected when you are in the process of building wealth and that includes knowing your monthly and annual cash flow, managing your credit wisely and knowing all areas of your finances that you must address. All of those topics will be addressed in the following paragraphs.

Questions you need to ask about your Cash Flow…

You must know how your cash flows into and out of your household on a monthly and annual basis if you desire to manage your finances more effectively.

By knowing how you manage your finances you open up in your mind the possibility of managing your credit and finances more effectively.

Did you create a cash flow statement that allows you the ability to see how your cash flows into and out of your household on a monthly basis so that you can know how much you have left over (if any) on a monthly basis?

Are you interested in knowing how your cash flow looks on an annual basis? Do you have a desire to know what your assets are and what you owe so that you can know your net worth or how well (or poorly) you are doing financially?

Questions you need to ask about Managing Your Credit…

You must also know how you manage your credit and finances on a monthly and annual basis. You must have working knowledge of the “5” credit factors and how you can use them to your best advantage now–and in your future.

Why must I pay my debt on time consistently and keep my utilization of my available credit at an acceptable level? Why must I keep my inquiries low and have a credit mix as opposed to just one type of credit and how can my knowledge of all of that better serve the goals that I desire?

By knowing and applying the “5” credit factors you can direct your life and avoid financial strife.

You can control creditor’s as opposed to giving creditor’s the steering wheel and directing your life.

Questions you need to ask about Addressing All Areas of Your Finances…

You must know the questions you need to ask yourself and you must also know the questions that you need to ask your financial planner or advisor, if you have a desire to use one in your future.

Furthermore you must do your best to obtain a financially alert mind as it will allow you to think and act in a proactive and more informed manner as you move toward achieving your goals.

You want to make it a point to understand and review your insurance, investments, taxes, emergency fund, education planning, estate planning/wills and retirement planning on a scheduled basis.

By doing so you can put your mind in position to maximize your finances in the above areas and ask the right questions along the way so that you can achieve more throughout your lifetime while you are here on planet earth.

By doing so on a consistent basis you put in motion what is needed to enjoy your future on terms that are more favorable to you and your family.

Conclusion

By doing what you need to do at the various stages in your life you can put yourself on a path to achieving at a much higher level as you move toward achieving the goals that are meaningful and significant to you and your family.

You now know what is reasonable and expected of you if you desire to build wealth. You now have an opportunity to manage your finances in a more effective way.

By getting out in front of your finances you are approaching your future in a more intelligent, consistent and proactive manner.

It is important that you make it a point to bring into reality a brighter future for you and your family and it all starts by doing your due diligence or what you need to do in a proactive manner as you build wealth.

All the best to a lifetime of success…

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Patterns of Success & Wealth Building

Posted on February 23, 2020 by TheWealthIncreaser.com

Learn how doing what needs to be done on a consistent basis can lead to greater wealth building success throughout your lifetime…

In the current economy it is your responsibility to determine a path to success that will work for you and your family. In this discussion TheWealthIncreaser.com will look at steps that you can take to make your wealth building dreams come true.

There is no need for you to stress as you too can choose to give it your best and achieve wealth building success.

You must ask and answer the right questions as you build wealth and the following paragraphs are designed to point you in that direction and lead you on a path to the success that you desire–or need to achieve.

Operate over time in a consistent manner…

You must come up with a way that you can achieve success on a consistent basis. You must realize that many who have visited this site on a consistent basis have achieved wealth building success and you can do the same. Even so, you must still use your intelligence to search out other sites to see if you can find a wealth building site that more appropriately aligns with your money management personality.

If you pay off your debt consistently, invest consistently and plan for what is in your future on a consistent basis, you open up the possibility to achieve far more at the various stages in your life.

Put in action what will take you to where you need to be…

It is one thing to know what you need to do to achieve success, however it is a totally different thought process (by measure of magnitude) to actually decide in a “sincere manner” to put into action what you know you need to do.

You must take decisive action on making the dreams and aspirations that you have at this time come into fruition at a time and in a manner that is of your choosing.

You cannot have a reactionary approach or respond after the fact when you are in a difficult financial position. Now is the time that you obtain a “financially alert mind” so that you can put in practice what you need to do in a proactive manner so that the odds of success turn in your favor.

Always know the steps that you need to take to achieve the success that you desire…

You must know the steps that you need to take and you must put into action what you know will take you toward the results that you desire.

Your understanding of financial statements and how they can assist you personally in your wealth building efforts cannot be overstated. Your mastery of “the 5 credit factors” can put you on a positive path to credit and finance management throughout your lifetime.

Your understanding of “all of the areas of your finances” that you must address will put you far ahead of those in the general population who don’t even have a clue–of what they need to do–to make their financial dreams come true.

Conclusion

By knowing the steps that you need to take on a consistent basis you can work toward reaching your goals in a more efficient and effective manner.

You no longer have to wonder, hope, wish and not know what lies ahead as it relates to your financial future!

By understanding the steps that will lead to success and putting them into action you are learning from those who have done it in the past, therefore you don’t have to learn from your mistakes–but instead can learn from the steps that others have taken to achieve major success!

Keep in mind that there are many “patterns of success” as it relates to wealth building!

It is your responsibility to determine what system or approach will work better for you and your family–whether it is the system or approach on this site–another site, other sources or one that you create yourself.

It is the desire of TheWealthIncreaser.com that this discussion has at least “opened up your mind to new possibilities” as it relates to your wealth building future and put you on a forward moving path toward achieving what you desire or need to achieve in the coming years and throughout your lifetime.

All the best toward achieving at a level that is your absolute best as you find your pattern of success…

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GPS & Wealth Building

Posted on February 15, 2020 by TheWealthIncreaser.com

Learn how to set Goals, Plan for your financial future and use the Success qualities that you have within you to build wealth consistently throughout your lifetime…

In the current economy it is more important than ever that you set your GPS so that you can go in the right direction so that you can achieve or reach the location that you desire or need to achieve during your lifetime. It is important that your mind or mental thought process is not in a rat race, but instead is in a good space so that you can go to the right place!

Reaching the Goals that you desire and Planning for a Successful outcome doesn’t have to be a lonely, less traveled road for you and your family if you approach the intersection armed with the right knowledge–and you know when to use caution and when to make the turn that is best for you and your family.

In this discussion TheWealthIncreaser.com will show you the importance of setting Goals, Planning for your future and using the Success qualities that you now have (or will soon cultivate) to move forward more efficiently and effectively as you build wealth.

GOALS

It is important that you set goals that are meaningful and significant to you and your family. It is also important that you dream big and not allow detractors and others to limit the goals that you set for yourself and your family.

What is it that you really want to achieve at this time, in 5 years, in 10 years and during your retirement years? By giving serious thought to what you want to occur in your future you provide the fertile soil that is needed to make those goals and dreams that are in your mind–happen in real time.

PLANNING

After giving serious thought to the goals that you desire you must put a plan in place to achieve those goals.

Even though thinking about your goals and planning them in your mind can be effective in many cases–a more effective and scientific approach is to put the goals that you desire in writing and put the plan of attack (how you will achieve your goals) in writing.

By using written plans with a “deadline for achievement” to achieve the goals that you desire you help magnify the goals in your mind and you increase the possibility and probability of reaching your goals exponentially.

SUCCESS

By giving serious thought to the goals that you want to achieve and by putting the goals and dreams that you have in your heart and mind in writing–you open up the atmosphere–and the direction that you will travel will be in alignment with where you need or desire to go.

You must see success in your future and you must cultivate your mind in a way that leads to improvement throughout your lifetime.

You must have integrity at all times and you must gain the focus, determination, commitment and other key success qualities so that you can move along at a more prosperous pace and achieve at a higher level throughout your lifetime.

Conclusion

By using the GPS that you now possess inside of your mind–you can achieve the type of success that is one of a kind. You no longer have to wake up daily and not have a plan of action. You no longer have to live your life with a high level of dissatisfaction. You can now use your GPS (your Goals, your Planning and your Success qualities) to gain traction–and move forward in a more definite way–starting today!

By using written plans that you helped create you are putting your heart and mind in the mix when it comes to building wealth.

By using the GPS that you now possess “you are stretching your mind and looking deep inside in a way that you have never done before” and by doing so reaching your goals will be much more likely to occur!

Don’t let anything hold you back at this time or in your future!

You now have within your heart and mind (or will soon get if you are determined to do so) a simple but highly effective blueprint of how you can use Goal setting, Planning and cultivating habits of Success to achieve at a higher level–and in many cases at your absolute best.

All the best toward using your GPS to attain success as you will soon arrive at the destination that is uniquely your own…

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