When it comes to having more money the first thing that needs [...]]]>

Pretty much most people I meet would like to have more money, and as a result have more freedom. Are you one of them? Would you like bigger pay-rises and bonuses, or to generate more revenue and profit for your business?

When it comes to having more money the first thing that needs to change is your mindset or psychology around money. It’s not pre-curser to earning more, but without making shifts that level you’re unlikely to sustain it or will undoubtedly sabotage yourself in some way and end up back at square one. Read any wealth or money book and your ‘money beliefs’ will be the first thing that they suggest you work on. It is the first step before you even start thinking about the ‘how’ of making more money.

So to get you started here is are some traits of under earners from one of my favourite wealth and money authors, Barbara Stanny:

The Nine Traits of Under Earners are:
(From: Secrets of Six-Figure Women, by Barbara Stanny)

1. They have a high tolerance for low pay
2. They tend to underestimate their self-worth
3. They have a willingness to work for free
4. They are lousy negotiators
5. They practice reverse snobbery (People with lots of money are: greedy, obnoxious, (you fill in the blank))
6. They tend to believe in the nobility of poverty (money is not spiritual)
7. They tend to self-sabotage themselves regarding money
8. They subjugate their needs for others
9. They tend to live in financial chaos (don’t have a handle on their finances, are in too much debt, etc.)

Having read through these, take a moment and see which are true for your – or even just partially true. The create a plan for changing them. Many of these traits will be deeply ingrained, so this won’t be easy. However, make a commitment today to changing your financial future and kissing goodbye to under-earning! Reading Barbara’s book (details below) would be a good start. (And yes gents, even though it’s written for women, there’s still lots of great learning that you can apply too, so get it on your book shelf!)

Want to find out if you are are an under earner? Then take Barbara’s under earners quiz here: barbarastanny.com/underearner-quiz

In addition to making use of the great wealth education resources on our blog, I’d also highly recommend following Barbara. As I said, she’s one of my favourite wealth and money educators. You can read her blog here: www.barbarastannyblog.com and follow her on Facebook and Twitter using the links below:

	www.twitter.com/barbarastanny
	www.facebook.com/WomenAndMoneyExpert

Live long and prosper!

When we are younger We believe indeed That money is nothing Nothing that we need

But we grow up And so we learn That we earn to live And live to earn

I thought all we need Is love and friends. [...]]]>

Money
Isn’t it funny?
Some crave for a penny
Some own so many

When we are younger
We believe indeed
That money is nothing
Nothing that we need

But we grow up
And so we learn
That we earn to live
And live to earn

I thought all we need
Is love and friends.
But there our search
For Happiness ends.

As in this world
Nothing comes for free
To win out there
Money holds the key

- Written by budding entrepreneur Cameron Wilson, aged 16

Here is a comparison between the “old” and “new” depressions by renowned economist Richard Duncan. Of [...]]]>

What’s the real story behind the current global financial crisis? Are we really even in a recession? Is there a recovery coming soon? Is it a double-dip recession? What does the future hold over the coming 5-10 years…

Here is a comparison between the “old” and “new” depressions by renowned economist
Richard Duncan. Of all of the ‘financial experts’ I’ve listed to about the current financial and economic situation, Richard delivers the clearest and most realistic explanations of what’s really going on, how we got here, and how it’s most likely to unfold over the next decade…

Comparison of the depressions

(Original post by Robert Kiyosaki: twitpic.com/2foyne)

I would highly recommend watching this short interview with Richard about the current global financial crisis on CBS Money Watch

Recommend reading:

I would also highly recommend getting your hands on at least one of his books and reading it avidly…

The Dollar Crisis: Causes, Consequences, Cures by Richard Duncan

The Corruption of Capitalism by Richard Duncan

Biography

Richard Duncan is the author of The Dollar Crisis: Causes, Consequences, Cures – the bestseller that accurately predicted the global economic crises that began in 2008 and the government’s unorthodox policy response to it. Since beginning his career as an equities analyst in Hong Kong in 1986, Duncan has served as the global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington DC, and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asian Crisis and is now chief economist at Blackhorse Asset Management.