How to Create Wealth

How to Create Wealth

Although many may not admit it, most of us desire to be rich. We want to create wealth and not have to depend on ourselves or anyone else to live comfortably. How to create this wealthis the stumbling block that often holds us back. That being said, our perception of “comfortably” is what separates the wealthy from the middle class. If you want to increase your financial intelligence and create true wealth for your family, you must organize, plan and take action.


  1. A Burning Desire – It’s one thing to say you desire to be wealthy, but it’s another to be driven by your desire.
  2. Specialized Knowledge – organizing and using your knowledge with a definite plan of action.
  3. Call to Action – Once you are organized, you must put your plan in action with a consistent effort.


  1. Conditioning of Your Mind – You are where you are today without accident. Your mental conditioning is inherent. In order to prepare yourself for the future you must prepare your mind with mental conditioning.
  2. Change of Habits – You have habits now, good and bad. If you want to change your life, you have to change your habits.
  3. Consistent Effort and Attention to Detail – A consistent effort to improve and attention to detail are essential for long-term growth.


  1. Organize Your Financial Filing Cabinet – Do you have a financial junk drawer? Create a Filing System and organize by date and kind.
  2. Open Your Wealth Accumulation Account – You must pay yourself first. Start a systematic savings plan and discipline yourself to save 10-20% of your pre-tax income.
  3. Have an Emergency Fund – Have at least 6 months’ income in an account that can be accessed easily.

In order to create true wealth you must create a solid foundation. A solid foundation means protection, savings and long-term growth. A consistent effort is needed to preserve wealth once it is created. “Easy come, easy go” is relevant here.

Source by Barry Page