There are some common myths that hold work at home businesses and investors from achieving success. These myths can has a powerful psychological impact on small business owners, stopping them from building wealth, and preventing them from reaching their full potential. Money breeds Money This may have been true pre discovery period, but it is not true in the Internet…
Tag: Wealth
How To Minimize Your Taxes On Wealth
Taxes on wealth or simply wealth tax is the tax levied on the value of wealth owned by a person. As the term ‘wealth’ carries with it a broader meaning, generally capital transfer taxes (which include inheritance tax and gift tax), property tax, and capital gains taxes are some times invariably referred to as wealth taxes. Taxes on wealth were…
Roger Hamilton Newsletter April 2006
How has your first quarter of 2006 been? Have you changed your job? Changed your business? Changed your life? XL Results Foundation had a historic month in March, with the launch of the XL Social Enterprise Accreditation Program. Providing recognition to Social Enterprises, this program has a target to reach $100 million in annual donations by 2020. In this first…
How To Rid Yourself Of Broke Folks In Your Life
Ima Rich is a classy lady. She drives a fancy car, lives in an exclusive neighborhood, and associates with upscale people. However, Ima is one of the “Broke Folks.” She lives paycheck to paycheck. Her life is filled with debts and worries. Although many people envy Ima’s luxurious lifestyle, Ima is constantly haunted by her financial fakeness. The Financial Fact…
Young Adults Need To Seek Wealth Literacy Not Financial Literacy
Today there is much talk about how young adults are financially illiterate as if financial literacy were adequate to build wealth. Millions of people have read one of the best financial literacy books out there “Rich Dad,Poor Dad” yet there is a loss of translation somewhere between the sound principles of financial literacy and their utility in building wealth. Somewhere,…
Secret To Fianancial Freedom
Financial freedom, secret of success from investment, real estate, stock market wealth, profit, investment, internet marketing, millionaire, income, security, opportunities, home-based business, money, cash, fortune!! It has always been mankind dream and desire to seek Freedom – Freedom of thoughts, Freedom of speech, Freedom of belief, and Freedom of expression! Why then not Financial Freedom! Wikipedia definition – “Financial freedom…
The Two Biggest Thieves In Regards To Wealth Building
The two biggest wealth thieves a person will encounter are tax deductions and lawsuits. Taxes work against you by chipping away at your wealth. These include federal income taxes (deducting up to 39% of your income), state taxes (deducting up to 9.6%), and self employment or social security (over 15.5 %.). The average American is paying 42-55% in taxes. Ironically,…
What Is Success
I recently read a thread in a forum in which somebody was dismissive of other people who wrote about success. His argument was that they wrote about success but were not successful themselves. I made no comment, just smiled as others were diving in to dismiss what was nothing more than a self glorifying remark. To make such a statement…
Young Adults Need To Seek Wealth Literacy Not Financial Literacy Part Ii
According to a recent study conducted by Charles Schwab, today’s teenagers in the United States have huge expectations about the type of wealth that they will build as young adults. Of the 1,000 teenagers that participated in the survey, boys on average expected to be earning $173,000 a year while girls expected to be earning $114,200 annually. The reality is,…
The 5 Unbreakable Laws Of Online Wealth Building
When the internet first started, few could ever imagine how far reaching it’s effects will be more than a decade down the line. It’s a fact of life now that the internet will continue to change virtually every aspect of our everyday life. As the world’s internet population keeps expanding, so does the opportunities for entrepreneurs and ordinary folk looking…