Words Of Wealth

When you’re building wealth, the only thing you can’t afford is being lazy. Everything else is just waiting for the budget to catch up.

I’m not as wealthy as I want to be yet, but I’ve found myself toting around some bad habits for the last 6 months or so. I’ve been sleeping till 10… 11… sometimes even noon.

Now that my kids are grown and out of the house I don’t have to be up at 6am to see them off to their day, and since I work from home I can work whatever hours I please.

Unfortunately that attitude can lead to laziness like you wouldn’t believe.

If I don’t wake up till noon, I’m lucky to get 2 or 3 productive hours of work in before evening hits and personal chores need to be taken care of. I’m fortunate in that I can make decent money in just 2 or 3 hours, but often it’s nothing like what I’m actually capable of. I can’t get into the zone and really crank out anything productively, thus I don’t make nearly as much money as I should.

And becoming wealthy starts with making money. Dave Ramsey states in his book “Total Money Makeover” that your income is your biggest asset. It’s what allows you to get out of debt and start socking things into investments that will grow into true wealth over time.

I have multiple streams of income as Robert Allen teaches–many in fact–but most of them aren’t mature enough yet to keep pumping money into the reservoir without a bit of attention from me.

And that means I can’t afford to be lazy. I can’t procrastinate and I can’t sit around waiting for some magical person or being to come along and start taking care of me.

If I want changes in my life I have to make them. I have to take charge and make things happen.

I follow the first rule of wealth and pay myself first, so now I have to shake off the laziness, dig in and really start making that wealth grow faster.

Tags: habits, money management, success

This entry was posted on Saturday, January 23rd, 2010 at 1:06 pm and is filed under Wealth & Money. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.