Mindset and Attitude: Our Philosophy

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success mindset
Creating an effective wealth-building mindset is often referred to as working on your inner game. It’s the conversations you have with yourself about money, understanding your relationship with it, and having a conscious process that you follow when making financial decisions. Once you get a handle on your inner game, then the steps to building wealth will become clearer and easier. Here are some things you should do to hone your financial mindset:

Financial Dojo
Overview & Orientation Guide

  1. Introduction: How This Web Site Works
  2. 5 Ways to Get What You Want From This Web Site
  3. What the CALM Approach Wealth Belts Mean
  4. Mindset and Attitude: Our Philosophy
  5. Navigating the Financial Gauntlet: A Personal Story
  6. 8 Ways to Ensure You Have No Money Worries


Take responsibility for your finances – There are really only a handful of life events that can rock you to your core. For example, getting devastating news about your health or the health of a loved one can be alarming. But probably next on the list would be to learn that your finances are so far out of control that you can no longer afford to feed or house yourself or your family.

So as a wealth-building ninja, you should know where your personal finances stand at all times. You don’t need to know exact dollars, but you should know what’s coming in, what’s going out, and what’s being saved. And even if you have a spouse or partner that handles the checkbook, you should sit down with them at least twice a year and make sure for yourself that all is well.

Now, I’m not going to call out anyone specifically, but I read a survey that showed where 33% of Americans admitted to deceiving their spouses about money. Some of these folks had secret bank accounts, hidden cash, and more.

Don’t plan on the government having your back – As I write this, the U.S. Government is mired in a “tug of war” about what to do about Medicare and Social Security. One side says these programs are about to go bankrupt and are in need of wholesale changes. The other side says that Americans have paid into these programs and they can be easily extended for many years by making a few smart tweaks.

I don’t know who is right or wrong, but I can tell you this. You shouldn’t count on the government bailing you out when you reach retirement age. Build your investment portfolio as if no one is coming to your rescue. This way, if the government happens to send you a small stipend in your old age, it’ll be a little gift that you never expected.

Don’t follow the crowd – Human beings have a natural instinct and desire to gather and socialize. Some of the reasons for this include companionship, status, safety, and curiosity. However, sometimes the desire to belong can get blown out of proportion and have adverse effects.

You probably know someone who has a huge home and expensive car, and their budget is surely stretched to or beyond their limit to make the payments. But they want so badly to possess the material things that their friends, coworkers, and others have. Or, they want to play out a public image that others have tagged them with.

This is a very unhealthy approach to money and growing wealth. The whole “keeping up with the Jones’” thing will only lead to an empty bank account. So seek to be your own person. Be part of the crowd without being led and consumed by it.

Love a good night’s sleep more than spending money – Let me start by saying that there’s absolutely nothing wrong with buying nice things and enjoying life. I’d be a complete hypocrite if I suggested otherwise. But as a wealth-building ninja, one of your primary objectives is to have peace of mind when it comes to your finances. So you should avoid overspending and putting yourself in deep debt. This will only increase your bad stress level, disrupt your sleep, and potentially harm your mental state.

You should seek to sleep for an uninterrupted and restful 6-7 hours per night. If you do, research has shown that you’ll have a better memory, be more creative, lessen the chance of depression, reduce your stress, sharpen your attention span, and live longer. While having lots of material possessions may bring temporary happiness, it’s not worth putting your mental health at significant risk.

Visualize your wealth goals – Anything you really want in life starts with a dream or a vision. Sometimes it can seem so real, you could touch it. So visualize your wealth goal. Carry it in your mind. Focus on it every day.

Believe in yourself – If you don’t believe you can achieve your dream, why should anyone else? You’re the engine of your own success. Believe that you deserve to be wealthy and that there is enough abundance for everyone. Don’t ever think that success is out of your reach.

>>>Navigating the Financial Gauntlet: A Personal Story>>>

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