Friday, February 25, 2011

Managing Your Four Pillars of Wealth Creation

You may have attended seminars that teach you different strategies on how to manage your financial wealth wisely.

Have you ever wondered what YOUR REAL WEALTH is? You may have become so caught up in earning money and making more profits that you have lost sight on the things that really matter in your life. These things include your health, your family, your contentment, and your happiness.

The four pillars to wealth creation includes your financial wealth, your physical health, your mental wealth and your spiritual wealth. In order to have a completely successful and happy life you need to keep these four areas of your life in balance.

Sadly, you may have noticed or know of a seemingly successful business person who does not enjoy and appreciate the real wealth in their life. They may drive the best cars that money can buy or live in houses that you might only dream of but what good is all of these things if they are suffering from poor health, their family life is falling apart, or they have been dishonest and lost their integrity in order to acquire them. They may be experiencing severe health or family problems that all the money in the world will not cure.

If you are a person who is constantly on the move to find a better business or better investment opportunities, if you are always in a hurry and you never have enough time, just take a few minutes to reflect on your life and make sure you are not compromising your health or your family to achieve these goals. For you who do not take this time to reflect, it is important that you to realize these three things.

The first is the fact that only you can manage your spiritual and mental well-being as well as your physical health because you are in control of your actions and your feelings.

The second thing you need to realize is that you need to let past failures go, if you don't they will continue to haunt you and you will suffer needlessly.

The last essential thing you should remember is that it is possible for you to lose sight in what is really important in your life when you concentrate too much attention on things that really don't matter when you are lying on your death bed.

Through it all what is most important is in knowing who you really are, being honest with your self and being able to examine your self properly so that you will know what truly makes you happy and satisfied.

I wrote this article not to tell you that money doesn't matter because it does. The real question here is "What are you willing to sacrifice to have more money?"

Here are two questions you need to ask yourself.

The first is to ask yourself whether you will allow stress from your work or business to hinder you from having the joy in your life you want. It is possible to become so caught up with problems involving your work that you might not notice that you are continually making your body suffer from stress and neglect.

Then the next thing you need to ask yourself is whether you will continue to give time to activities that will not provide a significant improvement in your way of life.

You may have heard of time management skills and its importance, are you allocating your time wisely to fruitful pursuits? Are you using your time to bring balance into your life? Charles Munger, Warren Buffett's business partner in Berkshire Hathaway said that he uses the first hour of his day on improving him self and the next 9 hours of the day he sold to the highest bidder to provide a living for his family and money for his investments.

It is important to answer these questions honestly to determine if you are really living a balanced life or has your life become out of balance? The key2wealth.net web site is dedicated to providing balance in your life using the four pillars of creating wealth in your life.

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