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Using your dreams and goals to create wealth Part 1

Guest post by: James Dicks

Article Overview: I thought, you can go where you want to go and do what you want to do, when you want to do it. What I had to discover-and in fact didn't discover for many years-was that having the money wasn't as important as knowing what to do with the money once I got it. In reality, as it turned out, money was only a tool.

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Using your dreams and goals to create wealth Part 1

I always wanted to be millionaire. I clearly didn't inherit this desire, because my parents weren't rich. My father seemed to work as hard as anyone trying to create lasting wealth as an entrepreneur and I guess by the time he retired he had created a nice little nest egg, but that was his retirement and probably not much more than someone retiring from a big company.

For me, I always wanted freedom. I saw that the lack of money bothered my father.

He felt trapped in a business he didn't like, and he didn't know how to break out. He didn't have a money mentor. There was very little finance-related information or education available to people like him (particularly when you think about what is available today).

So what he did was do what he knew and learned from my grandfather, work hard, send their children to college, and set aside money for retirement by making small investments in real estate. That was his plan, and he followed it.

I wanted more. Why? Because, as I saw it money gives people freedom. With money, I thought, you can go where you want to go and do what you want to do, when you want to do it. What I had to discover-and in fact didn't discover for many years-was that having the money wasn't as important as knowing what to do with the money once I got it. In reality, as it turned out, money was only a tool. In order to use that tool properly, I needed to first control my mind. I needed to aim my thoughts in a direction that had meaning and importance.

In fact, I miscalculated in my early quests for financial freedom. With the benefit of hindsight, I can now see that not only do you have to plan for how you will achieve financial freedom, you also have to know how you will keep that freedom once you get it. With wealth comes responsibility-not only to yourself, but also to your family and others who mean the most to you.

Unfortunately, that lesson was a rather expensive one to learn. I sincerely hope that you won't have to learn it the hard way, as I did. Thus the pay it forward blogs. For now, suffice it to say that making it and keeping it are really two separate parts of the equation. If I can help you understand that, you're likely to make more and keep more.

The next blog will tale about the first steps you need to take and how to set your mind on the right course for financial freedom.

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Article Tags: " financial responsibility", "business Congress", "constitutional rights", "credit cards", "financial growth", "financial responsibility", "government housing", "James Dicks", "james dicks", "market crash", "personal finance", "stock market", credit, crisis, deficit, dreams, economy, education, expenses, FICO, forex, forex, goals, interest, investing, investment, job, leadership, military, money, money, mortgage, Obama, payments, premieretrade, recession, refinancing, saving, spending, stimulus, success, Treasury, unemployed

About the Author: James Dicks
RSS for James's articles - Visit James's website

James Dicks has been an educator on the subject of Real Estate, Stocks, Options, the Foreign Exchange Market and empowering investors to handle their own investments. James has authored numerous financial books including his most recent book Forext Trading Secrets published by McGraw-Hill as well as FOREX Made Easy Six Ways to Trade the Dollar and Operation Financial Freedom.

Click here to visit James's website
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Re: From Greetings to Coaching Re: From Greetings to Coaching - Hi Beat, Thanks for your kind welcome. I enjoy conversations going in all sorts of directions! I certainly look forward to hearing more about your life and your entrepreneurial plans. It's exciting to hear how the forum has been helpful and how your self worth is growing. I'm committed to personal growth myself and I like to think of life as a journey where we continue to grow and develop. We have so much potential to create amazing lives for ourselves if we choose to do so. I hear what you are saying about so many people who don't have dreams or goals to improve themselves. What I've learned is that we all have dreams, but sadly so many have given up on them. Over time, they become buried to the point the person becomes unaware of them any longer. This is where being an entrepreneur gets exciting. When we choose to follow our dreams, we have the opportunity to create businesses which fit with what we really desire. That's what I am committed to doing for myself and what I invite everyone I know to consider. Thanks again for the welcome, Tami
Re: Run when you can, walk when you have to, crawl if you must; Re: Run when you can, walk when you have to, crawl if you must; - This is true, and if something is not working then it is time to give up on that, but this does not mean giving up on your dreams or goals. It simply means that you should find a different path to the top of the hill. MichelleJ
Congrats! Congrats! - Congrats MPHCoach...Where do ya find the time? You are truely amazing a leader! HAPPY NEW YEAR TO ALL...this year can only hold new goals and new dreams, let's kick some entrepreneuer butt into 2008!
Re: Why Did You Become An Entrepreneur? Re: Why Did You Become An Entrepreneur? - Hi, The main reason I became an entrepreneur is because I would rather get up each day and work on building my own dreams and empire, rather than wake up every day and go to work to build someone else’s dreams.
Re: Quote of the Day - "People are not lazy. They simply have im Re: Quote of the Day - "People are not lazy. They simply have im - To stay motivated and work to achieve your goals, first thing is that the goals must be ones that you truly want and believe you can achieve. If the goals are ones that you think you should have,(in other words impotent goals) then forget it, it just won't happen. MichelleJ


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