The Seven Secrets of Financial Success

Submitted by Charrissa Cawley | Category: General Interest | Published on Jul 23, 2010
It's only natural to harbor dreams of true financial success. Your understanding of - and implementation of - these seven key secrets to financial success will largely determine whether you reach your dreams or lament what could have been.

These secrets apply to all entrepreneurial endeavors, including real estate investing, so pay close attention to these secrets and put them into action today to ensure that you reach all of your financial dreams! Set real, attainable goals -- Nobody sets out on a journey with the expectation that they will fail, but by failing to set real, attainable goals, that's exactly what they're doing. In the earliest days of your endeavors, you may find that your goals are wildly unreasonable. The reason for this is really simple: any new endeavor will have a learning curve of what is a practical goal.

Constantly review your goals -- and your progress towards your goals. If you find that you're nowhere near achieving your goals, you might have been unrealistic about your expectations. Instead of giving up, revise them -- and keep pushing forward. If you achieve your goals sooner than expected, revise them upward so that you have something towards which to strive! It's an imperfect process that requires constant monitoring and tweaking -- especially at first.

Keep at it and you WILL achieve your goals! Get off the couch today -- Unless a long-lost relative passes away and kicks a bucket of cash your way or you get lucky gambling, you aren't likely to happen onto an unexpected financial windfall. That means that you're going to have to get motivated and get moving. While you can sit on your couch and blue-sky all the ways you can enrich yourself, unless you actually get moving there's no chance that you will actually reach your financial goals.

Keep Score -- Every entrepreneurial endeavor has winners and losers. The problem is, you won't know if you're ahead in the game unless you keep score. That means tracking your activity on a daily, weekly, and monthly basis! For instance, if you know that you'll have to make 10 or 15 offers in order to get one accepted, you need to know where you are in the process. The good news is that this is one of the easiest things in the world to change. Simply grab a notebook and keep track of what you're doing and how you're spending your time.

Concentrate the majority of your efforts on activities that will make you money. It's easy to waste time on unimportant activities that won't get you any closer to reaching your financial goals, but unless you're keeping score, you won't know! Get Your Finances in Order -- One of the most financially-limiting aspects of the average person's life is having finances that are out of whack.

The best way to reverse this trend is by determining what your current level of financial health is. What's your temperature? Are you spending hundreds of dollars each month on debt service or on silly expenditures that are locking you out of investing opportunities that you might otherwise have been able to take advantage of? If so, pay off excess debt and cut the fat out of your budget. If your idea of budgeting is spending money until your cash is gone, you're missing out on financial opportunities that could forever change your life for the better! Figure out where your cash is going each month and cut it down to size.

You'll be shocked and amazed by the number of opportunities that will open up to you when you actually have the cash to take advantage of them! Whip Your Credit Report into Tip-top Shape -- Your credit health plays a massive role in your ability to accumulate wealth. Regularly review your credit report (and your FICO score) to ensure that you are well-positioned to take advantage of financial opportunities when they present themselves to you.

A late payment or two on your credit report can have a devastating impact on your ability to borrow money -- and can cause you to overpay on all of your credit transactions. This can mean that you'll spend thousands more on interest charges than you otherwise might have if your credit situation were better. Improve it now -- and you'll reap the financial rewards! Tell Others What You're Doing -- Spread the word about your financial activities. By letting others know that you're investing in real estate or some other entrepreneurial activity, you're essentially putting yourself on the hot seat.

You'll regularly face questions about what you are doing, how things are going, etc. These questions will keep you motivated to keep going, because nobody wants to report to a friend that they are stagnant in a business enterprise. You'll be forced to keep moving forward just to save face! Learn How to Succeed Today -- If you're not sure how to reach your financial goals, there is a wealth of top-quality information available that can help you to reach your financial goals. Having all of the tools you need to reach your real estate investing goals is a critical piece of the puzzle.

Instead of lamenting the fact that you lack some piece of the puzzle, go to today for the tools and other resources you'll need to put all of the pieces of your puzzle of success together today. Seven simple secrets are all that stand between you and the financial success you're looking for. By mastering these secrets now you can build the real estate portfolio and achieve all of your financial hopes and dreams. Harness the energy you need to take advantage of these opportunities today!

About the Author

Charrissa Cawley has a long standing reputation for excellence as a gifted speaker, real estate trainer and wealth coach. Her strength lies in training entrepreneurs in the areas of real estate, investing and financial literacy. Her passion is bridging the gap between learning and doing. She has helped thousands of entrepreneurs all over the world seeking financial growth by equipping them with the tools, resources and specialized knowledge to succeed. Charrissa offers accurate and proven strategies to investors of all different levels and is the founder of, one of the fastest growing real estate investment training organizations in the US in addition to , the top rated Real Estate Investor Community on the web today.


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