Finance

Ways To Become Wealthy – Part 2

Welcome to the latest series on the wildly popular JosephSangl.com – “Ways To Become Wealthy.”  In this series, I will share the ways that I have seen people build wealth.

Part 2  No decisions available; No choice involved; and Ridiculous Options

  • Be born into wealth  Of course, you can’t choose this option, but this is certainly one way to become wealthy.  If this is you, congratulations.  Commit to use that wealth to build more wealth and serve others in incredible ways.
  • Marry into wealth  You can choose this option, but a person is pretty shallow if this is the criteria for a spouse!
  • Win the lottery  Current odds of Powerball Lottery is 1 in 195,249,054.
  • Inherit money from a long-lost relative  Who knows?  You might be a descendent of a long-lost king!

ACTION QUESTION:  “Are your children being born into wealth?  What steps are you taking to leave an “inheritance for your children’s children?”

While this was a fun blog post to write, we’re getting serious in Part 3!

Read entire series (available on 9/2/2011)

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Ways To Become Wealthy – Part 1

Welcome to the latest series on the wildly popular JosephSangl.com – “Ways To Become Wealthy.”  In this series, I will share the ways that I have seen people build wealth.

Part 1  Introduction

Let’s face it, every person wants to win with their money.  When given the choice between poverty, able to pay the bills, and wealth, most people would choose wealth.  While we know that money does not buy happiness, we certainly know that money is necessary for providing basic needs for ourselves and those that depend upon us.

When it comes to money, I have two choices:

  1. Use it to invest in items that build and preserve wealth
  2. Use it to spend on items that do not build wealth

I’m choosing to invest in ways that build and preserve wealth.  My energy can be focused on learning more about how to use the resources I am blessed with or it can be consumed with attempting to distribute amongst all of the bills I owe because I never developed a plan for my money.  It’s the same amount of energy, but it is much more POSITIVE energy when I am focusing on leveraging my resources for the better.

ACTION QUESTION:  “Is this expenditure helping me build and preserve wealth or will it hamper, delay, or destroy my ability to do so?”

Read entire series (available on 9/2/2011)

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10 Random Questions To Ask Yourself About Money – Part 10

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 10  What is the ONE BIG THING that I need to do with my money right now?

We have spent the last 10 days talking about 10 Random Questions To Ask Yourself About Money.  It is my hope that you have been challenged and inspired to take your next big financial step.

ACTION:  Take your next step!  Write down your goal and establish a date that you want to complete it.

I would LOVE to hear your next step!  Would you take a moment to SEND IT TO ME?

Read entire series (available 8/19/2011)

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10 Random Questions To Ask Yourself About Money – Part 9

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 9  Do I know more about reality TV shows than I do about my own financial situation?

I love watching reality shows.  My favorite show is The Amazing Race (I want to be on that show!!!).  I also like Big Brother, Survivor, and American Idol.  When I was B-R-O-K-E, I knew everything there was to know about these shows, but I was broke!  How crazy is that?

I spent so much time watching “reality” shows, but my true reality was being completely neglected!

I wonder if the same has been true for you in the past, or if it is true right now?

ACTION:  Take a few moments to reflect on your true financial situation.  Is it receiving the amount of attention it needs for you to accomplish your plans, hopes, and dreams?

Read entire series (available 8/19/2011)

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10 Random Questions To Ask Yourself About Money – Part 8

Welcome to the latest series on JosephSangl.com – 10 Random Questions To Ask Yourself About Money

These are 10 questions that have personally challenged me in my finances, and I know they can help you too!

Question 8  If a financially successful person were to look at the way I spend money, would I be embarrassed at the way I spend money?

I used to be B-R-O-K-E, and I cared a lot about what other broke people thought about me.  Guess where that got me?  NO WHERE!  I decided to look to people who were winning with money and sought opportunities to learn from them.  I broke open the Bible and found out it had TONS of wisdom about money in it.  This is one of the key reasons that I train 1-on-1 financial coaches around the nation.  I wanted to be able to provide free coaching to people so that they could learn from people who are a step or two ahead of them.

ACTION:  Today is the day to stop feeling embarrassed or ignorant about money.  Find someone you know that is winning with money, and ask them to help you!  Ask them to hold you accountable to applying what they teach you.  If you are looking for FREE 1-on-1 financial coaching, but don’t know where it is available, send me an email and I will do everything I can to get you connected with a free coaching appointment where there is NO SALES PITCH – only help and hope.

Read entire series (available 8/19/2011)

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