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Introduction

The Financial Intelligence Factor is state of mind, that comes from being a certain way and doing certain things that attract wealth and abundance into your life. This IQ Matrix Mind Map is based on Jamie McIntyre’s best selling free book and DVD entitled “What I didn’t Learn at School but I Wish I Had.” Within this material Jamie discusses financial strategies and techniques that will help you to build towards the achievement of your Financial Freedom. Jamie’s book and DVD cover a great breadth of wealth creation topics that simply cannot all be covered on a single IQ Matrix. However, for the purpose of this discussion, we will break down and identify some of the key strategies and techniques that Jamie used to rid himself of $150,000 of debt – moving him along the path towards becoming a successful entrepreneur and multi-millionaire.

As you progress through this post you will discover the characteristics that build a competent and incompetent money manager, the mentality of success and failure, how to identify limiting beliefs that could sabotage your money earning potential, we will provide guidelines for designing your financial life in ways that will focus and direct you towards your primary wealth creation goals, we will also touch on some simple financial knowledge and strategies that will go a long way towards building your wealth long-term, and finally we will point out the strategies that Jamie uses every single day to earn an extraordinary amount of money.

This post will be a combination of my commentary coupled together with direct quotes and insights from Jamie’s best selling book.

Please utilize this information ONLY as a tool to guide you along your journey towards your financial goals and objectives. Finally, please seek the guidance of a professional financial planner to further clarify the points presented within this Mind Map.

The Mindset of the Financially Intelligent

Jamie learned the hard way when he realized that there are certain and specific actions that competent money managers take in order to build vast amounts of financial wealth and abundance. This naturally leads to an understanding of the differences between the mentalities of the financially successful and the financially poor of this world. These two findings came together to reveal that our financial success is very much governed and determined by the underlying beliefs we have about money. The premise is, that if we continue to hold limiting beliefs about money, than we will likewise continue to suffer the consequences of holding onto these self-sabotaging forces that will prevent us from ever reaching the pinnacles of financial freedom. Let’s now take a look at this topic in a little more detail:

Competent Money Manager Characteristics

This list of characteristics are common amongst those who have a long proven history of earning high amounts of money.

Has Plan of Action

They create a thorough and comprehensive financial plan of action that they manage and implement on a daily basis.

Saves 10% of Income

They consistently save at the very least 10% of their earned income and utilize it for investment purposes or compound their money for long-term gains.

Minimizes Purchasing Liabilities

They understand the burdens that liabilities can bring with them for those striving to build long-term wealth. Hence, they minimize purchasing liabilities. If they must purchase liabilities, than they will search for the best and lowest price before making a purchase decision. Often liabilities are purchased off the profit earned from smart investments.

Sets Long and Short-term Money Goals

Money goals work hand-in-hand with an effective plan of action. Goals provide these people with both short and long-term objectives that keep them focused and motivated throughout their day.

Strategically Spends Money

Each and every purchase they make is thought through carefully. Great money managers understand the long-term consequences of making even the smallest purchase decisions. They know that an accumulation of seemingly insignificant small purchase decisions will usually result in long-term consequences that will either add to their debt or provide them with opportunities to earn profits.

The Financially Intelligent have an uncanny ability to see into the future. Utilizing the act of foresight – to identify the possible consequences that can potentially result from each spending decision they make – they determine if the consequences are justifiable. If long-term profits don’t result, than they will carefully weigh up their decision before taking any further action.

Seeks Professional Financial Advice

They realize and understand that they don’t know it all. Hence they seek professional advice from experts who have a long history of financial success.

Interacts with Successful Money Managers

To become a great money manager, one must learn to absorb the characteristics, habits and daily rituals of those who have succeeded before them. For this reason, competent money managers interact and socialize with successful money managers. They understand that through each interaction they will gain deeper insights and knowledge that could be critical to their next major financial decision.

Keeps Learning New Money Strategies

They simply never stop learning about money, finances, investments, property, shares, etc. For them money is as natural as breathing air. Every moment throughout their day they are either listening to an audio program about wealth, reading a book, speaking to others about money, attending a financial seminar, reading the finance section of the daily paper and more. Money is a way of life for them, which is why they are financially successful. Has money become a way of life for you?

Incompetent Money Manager Characteristics

On the other side of the coin we have the majority of people who are can be labeled as incompetent money managers. Identify if you have any of the following financially sabotaging traits.

Constantly Purchases Liabilities

The competent money managers avoid purchasing liabilities at all costs. On the other hand, incompetent money managers seem to be magnetically pulled towards the temptation of wonderfully packaged – and emotionally charged – liabilities that will lose them a significant amount of money in the long-term.

Spends all Savings

They will purchase anything at anytime whenever they feel the urge to spend. They are emotional creatures who enjoy the feelings of spending, and the resulting emotions of instant gratification. Hence, they live by their paycheck. When money comes in, they spend. When money is not available, they either hold back on their expenses or redirect their spending habits onto their credit cards.

Neglects Money Goals and Plans

They don’t put enough importance on having money in their lives, which is why they simply neglect to set goals and create a financial plan of action to move them away from debt and into financial freedom.

Neglects Getting Professional Financial Advice

First of all, they don’t believe that they require any help when it comes to making effective financial decisions that will secure their futures. Secondly, they can’t justify paying money to a good financial advisor without first seeing the results in their bank accounts. Unfortunately the world doesn’t work this way. They have to learn to understand that they must spend money in order to earn money long-term. However, “their spending of money” must be directed at the process of self-education and advice that will set them along the right path.

Many of these people simply don’t believe in their ability to follow through with the action steps that will be necessary to obtain their financial freedom. In such instances, they just don’t have enough commitment behind their “money making motivations”. And therefore they will continue to languish in debt until they can find the necessary motivation to dig themselves out.

Neglects Getting a Financial Education

They simply don’t see a need in obtaining a good financial education. This stems from the belief that they don’t seem to perceive money as an important enough factor in their lives. They also prefer to rely on their little hunches to carry them towards financial freedom.

Follows Friends and Crowd

For these types of people, any tip is a good tip. They will gather around with their friends and discuss financial matters – sharing tips and stories. Not only does everyone within this group have a poor financial background; what’s worse, is that they will follow their friend’s advice or the general trends of the masses. The downside of this strategy is that the masses (this usually includes their friends) belong to the 96% of the population who are incompetent money managers. So even though this advice is free, it will cost them more in the long-term than they could ever imagine. They simply forget that nothing is free if you weigh up the long-term consequences of each decision. This is especially true when it comes to earning your financial freedom.

Mentality of Success

There are two key characteristics that Jamie identifies within his book and DVD that separate the successful people from the rest.

Accountability

Jamie says:

until now I have been making excuses and shifting blame. Once I applied the Law of Opposites, I discovered that if I was going to make it financially and in any other area of my life, I needed to be accountable. Once I accepted I was responsible for my mistakes, I was able to reclaim my personal power… Along with accountability comes action.

Gratitude

Jamie points out that his millionaire mentor once told him:

Jamie, if you want to be successful, here is what I recommend you do. Every morning when you wake up, find five things that you can be grateful for in your life. You may need to train yourself to focus on what you can be grateful for, because without gratitude you will never have true wealth.

Mentality of Failure

On the other side of the coin we have the failure centered mentality, which affects the vast majority of our population. Here are some characteristics of this type of mentality that you must avoid at all costs.

Instant Gratification

If you are the kind of person who seeks instant gratification in life, than becoming financially free is unfortunately not going to be on your tarot cards (unless you get lucky and win the lottery). Instant gratification is a silent killer that will keep you in debt – or just above the poverty line – for as long as you stay hypnotized within its subtle spell.

Denial

Jamie points out:

I used to say, “I am not interested in money – money is not everything.” Until my millionaire mentor told me that I was in denial. I could not figure out what he meant by this. He said, “Jamie, do you think if you say you are not interested in money then that is going to help you become financially successful?” and I thought, “Well, no, maybe not.”

Living in denial is another silent killer that will continue to sabotage your financial success for as long as you continue to live within that place of being.

Blame and Excuses

Jamie points out:

that the other two important qualities you need to have in order to be in the 96% of people who fail financially, is the ability to blame everyone else for your problems and to create elaborate excuses. I become really good at blaming other people when things were not working for me. Not only did I blame other people but also the circumstances.

Identifying Limiting Beliefs about Money

Statistics show that many of us will unfortunately never obtain financial freedom. The main reason for this is that the majority of people have a plethora of self-sabotaging beliefs pertaining to money that will keep them in the doldrums of day-to-day survival. Jamie mentions within his book some strategies that can assist you in identifying these limiting beliefs – that you hold about money, – and ridding yourself of them once and for all. To begin with, get someone to ask you the following set of questions. It is not specifically the answer that is important, but rather the memory associated with your answer that could potentially pinpoint the origin of your limiting beliefs. (for more information about this process please read Jamie’s free book)

What is Money?

What is not having Money?

What is Money really?

Attracting Financial Abundance Intentionally

It is said that “If you fail to plan, you are simply planning to fail”. When it comes to obtaining financial freedom, there is probably no truer statement. In this section we will discuss simple, yet very effective strategies, that will help you to design your life intentionally and set you on target towards your financial objectives. First, and foremost, you must establish your purpose. Secondly, you must set effective goals that will keep you on target and moving towards your objectives. And finally, in order to become emotionally and financially intelligent, we must all learn to master some fundamental skills that are essential towards creating an abundance of wealth in our lives.

Determine Your Primary Life Purpose

No financial dreams can truly be achieved if we do not first become clear on our purpose. Jame says:

that this is probably the most important step, because unless you have clarity on what you want, then no amount of strategies will help you get what you want.

Jamie lists a set of questions that we should be asking ourselves in order to clarify our life’s purpose. Here is a list of four questions you should ask yourself in order to determine what it is that you really desire from your life. You will only gain from this exercise by being completely honest and genuine in your responses.

What do you NOT want in your life?

What do you WANT in your life?

What are your priorities?

What challenges do you currently face?

Write Your Primary Purpose Down on Paper

Jamie instructs:

to write a very short statement – a phrase, a sentence, no more than a couple of sentences – expressing the essence of what you want your life to be all about. The acid test for your primary purpose is your internal barometer. When you write it, you should feel energy, enthusiasm, commitment, a sense of “Yes! This is it for me!” If you do not feel this, keep on writing.

Set Effective Financial Goals

As we mentioned earlier, setting effective financial goals is a process undertaken by competent money managers who succeed financially in life. There are several methods and processes of setting and structuring your goals. Jamie identifies a very simple and effective method that you can use immediately to create powerful action oriented objectives. Here is Jamie’s breakdown of the process:

Specific

Be absolutely specific when setting your goals, and use only the present tense positive statements.

Measurable

Your goals need to be measurable, in other words, you need to be able to monitor your progress so you can measure your success.

Attainable

You also need to be able to conceive your goal in order to attain it. Unless you can see yourself achieving your goal, it is very unlikely to happen.

Realistic

Obviously goals need to be within the bounds of logic and circumstance.

Tangible

Your goal needs to be something that is real or physical, that you can see and touch.

Inspirational

If your goals do not inspire you, it is unrealistic to expect that you will be driven to take action to achieve them.

Emotional

The more emotionally involved you become with your goal the quicker it will manifest into your life.

Master the Skills that will Enhance Emotional & Financial Intelligence

Both emotional and financial intelligences are of primary importance if you seek to obtain financial freedom in your life. Jamie defines Emotional Intelligence as:

having the ability to consciously respond to a situation rather than react under the influence of our emotions at that time.

On the other hand, Financial Intelligence is something that is obtained from knowledge and experience gained from working with money. All of the mindset strategies, characteristics, money habits, and technical tools discussed within this post add to your financial IQ. On top of these intelligences there are also four critical skill areas that Jamie sees as being of critical importance towards the achievement of long-term financial success. Here is a breakdown of these key skill areas in Jamie’s own words:

Creative Thinking

Of the four key areas that I have worked on during the last eight years of my life the first is the ability to think. What I mean by thinking creatively is having the ability to solve challenges.

Negotiating

The second area we need to nurture is the ability to negotiate. In life to get what we want we have to know how to negotiate. If you want to be successful, the secret is to never take ‘no’ for an answer.

Communicating

The third skill is the ability to communicate. If you cannot communicate a benefit to someone else so that they can understand it, then you are not communicating effectively and will not achieve your desired result.

Marketing

The fourth area is the ability to market or marketing. I am talking about result focused marketing. How do you take an idea or concept and communicate that message in a business format to the marketplace to make it a reality?

Becoming Financially Aware

Financial education and awareness go hand-in-hand to help us better – and more effectively – manage our finances. This section will touch upon and discuss some very effective learnings and strategies that are important to know and understand, before you begin moving along your path towards obtaining your financial freedom.

What is a Liability?

A liability is simply anything that takes money out of your pocket in the short or long-term. Liabilities are pretty much anything that you purchase that loses you money or depreciates over time. These kind of purchases can include clothes, electronics, gadgets, cars, and other luxuries.

What is an Asset?

An asset is simply something that puts money into your pocket. It is basically something that will bring you a financial return over the short or long-term. Assets can include collectibles, investment portfolios, property or even savings accounts.

Determining Your Financial Stability Levels

Jamie calls these the Levels of Financial Well-being. He states that these levels are possible to attain by anyone who has discipline and a passion to reach the pinnacle of absolute financial freedom. Within his free book, Jamie discusses the process in significant detail. However, for the purpose of this post, we will just quickly examine – in Jamie’s words – what each of these financial levels mean for each of us. Bear in mind, that each level requires a different set of tasks and objectives that you must strive for.

Financial Protection

The precise amount of money you will require in liquid assets to be financially protected can be established simply by reviewing your current monthly overheads.

These overheads can include mortgage payments, electricity, gas, transportation, food, insurance, and the total monthly income that you will need to secure your protection. These will give you the basic requirements that are necessary for your financial survival. Read Jamie’s book for further details and calculations.

Financial Security

This is the amount of money you will need to achieve financial security. This means determining how much you need to be independent of the basic necessities such as food, clothes, and transport. Financial security is achieved when your investments produce an income equal to your Financial Protection figure…

you would have calculated above.

Financial Independence

This means determining the money you will need to be financially independent of work. How much money do you now earn annually? To duplicate your current lifestyle, it is likely you will need to duplicate your present monthly annual income.

Financial Freedom

This goal is attained when your investments provide enough income for you to live the lifestyle you desire for the rest of your life without ever having to work again. Simply ask yourself, “What annual income would I need to have the lifestyle I want?

Within his book, Jamie provides instructions on how to best calculate this level of Financial Well-being.

Absolute Financial Freedom

You have achieved Absolute Financial Freedom when your investment income provides you with the certainty that you can do whatever you want, as much as you want, whenever you want, with whomever you want, – without ever working again.

The Baby Bucket Principle

Is a very effective financial management strategy that will progressively move you up the Financial Well-being ladder (discussed above). A similar principle was discussed in our Wealth Management – 20 Strategies and Tactics IQ Matrix. The process is pretty much the same, however Jamie puts his own unique twist on the Bucket Principle. Let’s take a look at how the process works in his own words.

Security Bucket

This is for low risk investments. These includes cash management trust accounts, i.e., physical cash, 404k, and superannuation. You would include insurance. I suggest income protection, disability, and health, you need to consider those sorts of insurances if you become an active borrower for investing to lower your risk in case you lose your job while building your wealth or suffer illness.

Growth Bucket

This includes residential property, quality companies, renting, etc., are investments that belong in this bucket.

Momentum Bucket

This would cover renting, commercial property, investing in traditional business, etc. However, do not borrow for a business until you can afford to lose the money.

Lifestyle Bucket

Here you are investing into your personal lifestyle such as a resort, holiday, farm, or lifestyle business. For more information about the Baby Bucket Principle, please refer to Jamie’s book.

Strategies for Making Money

In the previous sections we discussed effective ways and means to manage your money; along with providing you with some strategies and tools that naturally focus and direct your mind towards wealth and abundance. In the final section we will bring everything full circle and discuss specific strategies that Jamie uses on a daily basis to create financial abundance in his life.

Investing through the Banks

Your first and safest option is to invest and earn an income through the banking system. Jamie points out that,

if you put your money in the bank, the cash interest rates may be between 4 and (if you are lucky) 6 percent, so it is going to take a lot of money to become wealthy. That is why many people think that they need to win lotto, because if they have a million dollars from lotto and they receive a 5 or 6 percent return on that money, then they will have $50,000 – $60,000 per year to replace their income.

Investing into Businesses

Jamie warns others to be cautious when investing into business. He says,

if you have been in business for more than five years, do not get too excited as the next five years after that 80 percent of those businesses will fail. One thing I have noticed is a big mistake many have made. What they will do is borrow money out of their house in a line of credit and use that money to commence a traditional business. Often that traditional business fails and as a result these people lose the business and possibly the house as well – it all ends in a total financial disaster. Before investing into a business, keep in mind that a true business is a profitable enterprise that will work ideally without you.

The Investment Risk Pyramid

This pyramid structure will provide you with a quick overview of the variable risks associated with specific types of investments. When starting out you should consider using conservative strategies, and slowly progressing move to aggressive and high risk tactics that could potentially bring forth higher returns.

Conservative Strategies

These strategies include, Government Bonds, Debt Money Market, Bank Accounts, Cd’s Notes, Bills Bankers Accept, Cash and Cash Equivalents.

Aggressive Strategies

These strategies include, Real Estate, Equity Mutual Funds, Large and Small CapStocks, High Income Bonds / Debt.

High Risk Strategies

These strategies include, Options, Futures, Collectables.

Share Market Strategies

Jamie has had a vast amount of personal success investing into the share market. He points out that it is important to take charge of your money and educate yourself on how to make effective investment decisions. He says that,

I did not become wealthy as a self-made millionaire by going and sitting in front of a financial planner. Actually, I would not have become a millionaire by following their advice. Why would I do that if they are not successful investors themselves? My millionaire mentor told me the obvious question to ask of financial planners is, if they could help me to become financially independent and live my ideal lifestyle, then why are they not doing it themselves? What you want to look for in learning financial success is to learn from people who have produced results, not people who just have a license to advice on money, because anyone can get a license to advice on money without the need to be an investor themselves.

Jamie presents some investments strategies he uses in order to create financial abundance. The following is a brief overview of these strategies. To read more about them please read his free book.

Forms of Analysis

The first strategy that a potential investor may consider is commonly called technical analysis. here you examine patterns of share price changes and changes to the volume of shares traded in the hope of being able to predict and profit from future trends.

Channelling

The second strategy for investors is something I call channelling. For the technically minded, this strategy is referring to the price range of a share, that is, the price range between the highest and lowest price reached by a share during any specific day, week or year. By following the charts of many companies’, one can visually identify that the price range of a share will move in patterns.

Leverage

The third strategy for investors is a concept termed leverage. Leverage is another word for gearing, which in its simplest format is the process of increasing the funds available for investment through borrowing. Leverage has the potential to increase returns as the more money that is invested in the market, the greater the potential return from dividends and other distributions inclusive of capital growth in a share.

Insuring

The fourth strategy for investors is a concept I call insuring. Entering into an insurance premium is simply the right to sell a share at a specified price before the expiry date of the option. Insurance allows investors to hedge against a possible fall in the value of shares in their portfolio. After taking out some insurance, the sale of our imaginary share is locked in for the term of the insurance no matter how low our imaginary share price may fall.

The Way Down Strategy

This concept refers to buying insurance without owning the share. The purpose of this investment strategy is to speculate that the share price will fall. Investors see this concept as a way of making money without owning the share. Investors understand that when the price of the share falls, the value of the insurance premium increases. Therefore, an investor will purchase an insurance contract with the intention of selling the insurance at a higher price.

The Way Up and Down Strategy

This concept is similar to the way down strategy. The main difference is that the investor has a view that the share price will move upwards and therefore a rental contract is purchased. A rental contract gives an investor the right to buy the underlying share for a pre-determined value. Investors therefore use the purchase of a rental contract when they believe that share price will rise and the investor wants to benefit from the share price movement.

Investment Property Strategies

Investing into property is a popular investment strategy that Jamie highly recommends as an effective tool for building long-term wealth. However, he again cautions others that this must be done in the correct manner in order to gain maximum benefit and returns from the time, money and energy you spend. The investment property topic is quite extensive, and will probably become a separate SMX Spotlight Mind Map. Within his book, Jamie discusses a number of ways that one can earn money through renovation, adding value, selecting the right property (checklist), renting out and more.

Other Strategies for Making Money

We will end our discussion with a quick look at five useful strategies that will either save you money or provide you with the extra income you need to pursue your investment objectives. We all have to start somewhere, and not having enough money should never be an excuse for not pursuing your journey towards becoming a great investor. Here is Jamie’s take on these five strategies.

Improving Habits of Saving

All great investors are great savers. If you are not saving money now then you are never going to become wealthy until you start saving.

Selling Stuff

To make extra money, could you sell something? What I am suggesting is that you could have a garage sale. Are there some things that you no longer need or are willing to sacrifice in the short-term to set yourself up financially. Anything that you could convert to cash to come up with a few thousand dollars is great.

Cutting Taxes

The third step is tax minimization. Look for ways to minimize your taxes in order to use that extra money for investment purposes. Within his book, Jamie pinpoints some simple, yet effective ways you can go about doing this.

Increasing Your Income

If you can increase your income by an extra 10 percent, that is an extra 10 percent you could put aside for savings and investment. To create wealth, my millionaire mentor always said, “Jamie you must add more value. One way you can do that is to improve and develop your skills.”

Here Jamie suggests to focus on the four skills of Creative Thinking, Communication, Negotiation and Marketing – we discussed a little earlier.

Utilizing Equity Sensibly

Many people have equity in their homes, equity being a portion of their house they actually own. Much of that equity could be put to good use, rather than just sitting there idle. I suggest using some of that equity to invest in investments that are going to generate some cash-flow.

Final Thoughts

I hope that after reading this article post, you feel more confident in your ability to build towards obtaining financial freedom in your life. Jamie has proved that these strategies work, however they do require patience, commitment and some sacrifice – on your part – to bring the results you desire to fruition. There is a lot more information to be garnered from these tools and strategies than what has been presented within this post. If you feel that you would like to gain further insight into these topics – as well as a plethora of other wealth creation tools – than visit Jamie McIntyre’s website and order his FREE book and DVD which are normally valued at $97.00. Also, while you’re there, be sure to check out his Wealth Creation Home Study Package, which will provide you with an even greater array of knowledge, tools, techniques and strategies that can assist you towards obtain the financial freedom you desire to experience in your life.

I hope you enjoyed this post, and if you have any further thoughts, ideas, reflections or suggestions about this topic, than please feel free to comment below.

Spotlight on the MasterMind Matrix

The process of Financial Intelligence is an important and indispensable component of the MasterMind Matrix.

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The MasterMind Matrix is a Psychological Chart of Personal Success and Achievement. It is used as an effective Self-Coaching tool that will help guide you through the personal obstacles, setbacks and limitations that may stand in your way as you progress towards the attainment of your goals and objectives in the field of academics, business, career, sports, or life in general.

Each IQ Matrix Mind Map that is available through this website represents a single cell fragment of the MasterMind Matrix. For more information and images, visit the MasterMind Matrix page.

Free Articles & Online Resources

Here are a number of highly recommended free articles and online resources that will further help expand your understanding about this topic:

• 5 Ways to Conquer Your Fear of Financial Freedom @ Change Your Thoughts
• 20 + Free Passive Income Resources @ Life Optimizer
• 35 Sneaky Ways to Improve Your Finances @ Ririan Project
• 22 Useless Myths that can Cost You Money @ Ririan Project
• 7 Steps for Starting a Financial Checkup @ Scott H Young
• 4 Habits of Millionaire in Making @ Success Soul
• 78 Timeless Wealth Building Tips from Benjamin Franklin @ Pick the Brain
• How to Conquer Your Fear of Investing @ Get Rich Slowly
• Financial Alphabet Soup @ Schaefers Blog
• 5 Tips to Avoid Paying Bank Fees @ I Need Motivation
• Back to Basics: 8 Tips for Investing Money to Build Wealth @ My Supercharged Life
• A Few Tools to Help You Invest @ Life Hack
• Top 10 Real Reasons Why You’re Not Rich @ Inspired Money Maker
• 5 Frugality Hacks Straight Out of the Great Depression @ Wise Bread
• 9 Methods for Mastering Your Money @ Get Rich Slowly
• Investing 101: An Introduction to Index Funds & Passive Investing @ Get Rich Slowly
• How to Make Lots of Money During a Recession @ Steve Pavlina
• What is Your Financial Personality? @ I Need Motivation
• 101 Negative Money Beliefs @ Attraction Mind Map

Recommended Products

Wealth Without a Job – Thousands of other people have also used this system to create an abundant and happy life instead of just getting by, wishing and hoping it would change. Now, you too can Take Control of Your Life and start the business of your dreams, doing the work you love, or skyrocket the results of your current business to new heights exactly the way you want.

Wealth Masters – Through The Wealth Masters, you will be introduced to some of the greatest money minds, wealth creators, and financial success stories in the world today—sharing with you their personal secrets and formulas for making, keeping, and growing the kind of money that will allow you to give yourself and your family the life of your dreams.

No-Nonsense System for Building Wealth – Ric Edelman’s No-Nonsense System for Building Wealth will show you not only a straightforward plan for achieving your financial goals, you’ll learn how to have fun and live an enriching life while doing it. Your goals and dreams will not get lost in a daily struggle just to earn a living and provide for your family.

Wealth Streams Library – Are you utilizing the best techniques and principles — including multiple streams of income, compound interest, and entrepreneurship — to catch the next wave to financial freedom? In Robert Allen’s Wealth Streams Video Library, you’ll get a complete system for saving yourself time, energy, and money; 10 can’t-miss rules of investment; unbeatable ways to control your money; and a guide to protecting assets.

How to Build Wealth Like Warren Buffett – In this unique and compelling program, you will be provided with insights and investment strategies that have weathered the violent storms and highs and lows of the ever-changing marketplace. Warren Buffett’s uncompromising work ethic, combined with his shrewd investment strategies have made him one of the richest and most respected men the world over. You may be surprised at just how simple and practical Warren’s principles and strategies are!

Recommended Books

• The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey
• The Budget Kit: The Common Cents Money Management Workbook by Judy Lawrence
• The Money Book for the Young, Fabulous & Broke by Suze Orman
• The Road to Wealth, Revised Edition by Suze Orman

If you would like to download a copy of this IQ Matrix, it is available from the IQ Matrix Shop.

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Introduction

If you are like the majority of people living within this world, than it is most likely that you are encapsulated within a reality that is known to most as the Rat Race. The Rat Race was a term used to great effect in the now very successful series of books written by Robert Kiyosaki entitled Rich Dad Poor Dad. Within this series of books Robert points out how many of us are trapped within a Rat Race of sorts, where we go through a cycle of weekly and daily struggles that never seem to end. We are teased with promises of quick and fast money, however for most of us this only leads to a dead end of false promises and lies. It just seems as though there is no pot of gold at the end of the rainbow.

This IQ Matrix Mind Map will not earn you an abundant amount of money over night. Instead it is based on sound principles that have helped people to create long-term and long lasting wealth. Throughout this discussion on Wealth Management we will talk about creating the ideal Wealth Mindset, we will touch upon some sound principles to get out of a debt crisis, we will pinpoint some effective Wealth Building strategies that will get you focused and moving on the right track, and finally we will identify what components create a Poverty Stricken Mindset, and what we must do to avoid locking ourselves into this way of thinking and behaving.

Please utilize this information ONLY as a tool to guide you along your journey towards your financial goals and objectives. Finally, please seek the guidance of a professional financial planner to further clarify the points presented within this Mind Map.

Wealth Attraction Mindset

No wealth building strategy would be complete without a discussion of the mindset that naturally and easily attracts wealth on a daily basis. We will begin with a discussion about the Wealth Mindset because it lays down the foundations for everything that is to come. Without the right way of thinking, acting and believing, it is very unlikely – no matter what strategies or tactics you utilize – that you will build long-term and long lasting wealth.

Our Mindset is an absolutely critical component that we MUST develop and improve upon on a daily basis to naturally align ourselves with the process of attracting more money and abundance into our lives. Hopefully by the end of this discussion you will come to understand the ingredients that make up the mindset of the rich and poor – and as a result you will alter your thinking, beliefs, habits and behavior accordingly to match the destination you choose to take. This is by no means a complete list, however it will get you started and moving in the right direction:

The Characteristics of Frugality

Dictionary.com defines the word frugal as “economical in use or expenditure; prudent saving or sparing; not wasteful; entailing little expense; requiring few resources…”. In short, it basically means that you live a life well within your means and income earning ability. When it comes to those who built their wealth over an extended period of time, you will find that the foundational characteristic that sets them apart from a Poverty Stricken Mentality is the ability to live frugally. Living frugally involves specific ways of thinking and some simple yet effective action.

• A frugal personality always negotiates better prices.
• A frugal personality always focuses on their Net Worth.
• A frugal personality creates a budget plan and sticks to it.
• A frugal personality does not buy designer made clothing.
• A frugal personality makes purchases using cash.
• A frugal personality buys in bulk wherever possible in order to save as much money as possible.
• A frugal personality does not purchase a brand new car.
• Finally, a frugal personality marries a frugal spouse who is responsible, loving, supportive, capable and honest.

To sum up; make sure that you look for as many ways to save, to reuse things, to do more with less, to avoid following the Jones’, and to get the most out of every dollar that you earn. Living sparingly, and investing wisely is the key to a frugal mindset and way of life.

An Indispensable Attitude to Cultivate

A Wealth Building Mindset always proactively controls their life and circumstances. They create and control their life in ways that brings greater stability and security for the long-term. They are not swayed in their decision making by the crowd. Instead they aim to follow their own path, to create their own plans that make most sense to their life at this very moment – and moving into the future. They also understand that the crowd mentality will always react to events and circumstances. This mentality leads to impulse shopping and spending, it leads to emotional management problems and ill-fated decision making.

More Indispensable Characteristics

A Wealth Attracting Mindset also cultivates the characteristics of Gratitude, Discipline, Self-Sacrifice, Hard Work and an innate passion for living a full yet well managed, rounded and grounded life. They cultivate and grow these characteristics at every opportunity they get. And it is these characteristics that provide the foundations for strong habits that go into building long-term and long lasting wealth.

Setting Clear Wealth Goals

Goals are critical and important aspects when it comes to building long-term success in business and in life. When it comes to growing long lasting wealth, goals become ever so important as they provide you with a carrot stick that is dangled out in front of you as you are progressing along your financial journey towards abundance.

Yes, indeed we are like donkeys that need to have both long and short-term goals that will motivate us and propel us forward no matter how difficult the road ahead may get. The only difference is that your carrot stick is always within your reach and under your control (there is no one sitting on your back going for a ride. It is just you, the world and the opportunities / temptations that present themselves). This is where self-discipline comes into the picture and becomes one of the most indispensable characteristics towards building long-term wealth and abundance within your life.

Ask the Right Questions and the Answers will Come

It seems that almost every time that I make a post, we touch upon the aspects of effective questioning strategies. When it comes to building wealth, questions are no doubt the keys that open the doors to many abundant opportunities. However, we must first come to a realization that questions must be asked. Once we have brought that realization into being we must then discover means and ways to ask the most effective questions that will stimulate efficient creative thought to bring forth the answers that we are after. Create a set of Wealth Creation questions that you will ask yourself on a daily basis. Some examples include:

How can I earn more money this week?

How can I earn a passive income while I sleep?

How can I earn an extra $20,000 this year?

Focus on HOW questions over WHY questions. HOW questions will stimulate creative answers, while WHY questions usually only stimulate an ever growing list of excuses. Again I will draw your attention to the miWisdom Blog which focuses on effective questioning strategies on all kinds of topics pertaining to important aspects of our lives.

Wealth Creation Habits

Once you have cultivated the Wealth Attracting Characteristics into your personality and lifestyle, it will be naturally easier for you to develop some key critical Wealth Attracting habits that will keep you on track and moving in the right direction towards your financial abundance goals.

Paying Yourself First

The habit of Paying Yourself First will help you to prioritize what is most important in your life. However, keep in mind that Paying Yourself First does not mean spending your money. It rather means investing this money into the appropriate Wealth Building Buckets we will discuss a little further on.

Delay Gratification

Delaying Gratification is another essential habit that will keep you under control and in charge of your financial decisions. It is so easy for us to be influenced by advertisers and the media in general to purchase items and make expenses that are effectively digging us into a deeper ditch that sooner or later we may not be able to climb out of. Always control yourself, your emotions and your expenses. Don’t get sucked into emotional purchase decisions that you know you will regret. As a strategy, always delay making a purchase decision until you go home and have a good long hard think about it for a few days. Talk to your most frugal thinking friend and ask them to justify why you shouldn’t make this purchase.

Focus on What You Want

Another habit that you must cultivate is the habit of focusing on What You Want. Always focus on the things that you want that will have the greatest impact on your future long-term financial success. And finally, get into the habit of being patient with your money. Usually things don’t happen over night. Usually you must work diligently and think strategically in order to experience the wealth and abundance you desire to have in the future. Be patient and all will come.

Wealth Creation Beliefs

There are quite a number of beliefs that we could discuss here that will assist you in building a Wealth Mentality. However, for the purpose of this discussion let’s touch on two.

Expect to be Rich

You must expect that you can and will be rich. Expect that riches will come to you through following these sound strategies and applying the necessary tasks and actions each and every day.

No Limits in Your Ability

You must believe that there are no limits to what you can do. You are in full control of your life and destiny, and you will therefore bring anything you imagine into reality. However bear in mind, that anything you imagine might not come about the way you imagine it be. So be wary of this, be patient, apply what you learn on a daily basis, and things will eventually go your way – most probably in unexpected ways that you may not even have imagined were possible.

Digging Your Way Out of Debt

The statistics are staggering when you consider that the vast majority of people are riddled up to their necks in debt. It is so easy for us to get caught up in the spur of the moment when our emotions just overwhelm our intellectual decisions. However, there is no need to regret the days gone by, or the ill-fated decisions that have lead to this moment of your life. What we must do instead is learn from our past mistakes, and work today to effectively manage and pay off our debt once and for all.

Once you have successfully adopted a strategy to reduce and pay off your debt, only then will you be ready to move onto wealth building strategies that will grow and compound your money. Here are a few debt management suggestions to get you started along your journey towards a debt free life:

Get on Top of Your Debt & Track Spending

The first place to begin – when it comes to taking control of your debt – is to work out what you owe, how much you owe, and to whom you owe it to. Once you have satisfactorily moved through this step, than you second task will be to develop a means to track your spending. Simply work out a system and process of how you will be tracking how much money you are spending, where you are spending this money, and what you are spending it on. Only after these steps are fully complete should you move on to the next stage of debt reduction process.

Negotiate Your Credit Card Interest & Repayments

Visit all the banks, people and institutions that you owe money to and simply negotiate better interest rates and lower monthly repayments. You may be surprised how flexible some of these banks and institutions are if you are honest in presenting your case about your current financial circumstances. Remember, that everything is negotiable for the smart and savvy Wealth Attraction thinker. Once you have negotiated down the lowest possible repayments and interest rates, you are then ready to move onto the next step of the debt reduction process.

Consolidate Your Debt

Take the lowest interest bearing credit card (including monthly repayments) you negotiated within the previous step, and identify the process you could take to consolidate your entire debt onto this card. Speak to your financial institution or bank as they may have low interest introductory credit card offers available when you transfer your debt over to them from another financial provider.

Live a Fulfilling Frugal Lifestyle

Again we touch upon the subject of Frugality as it is one of the most important fundamental aspects of long-term financial wealth. Here are a few more suggestions for living a Frugal lifestyle that will at the same time assist you in reducing your levels of debt.

Set Up a Weekly Budget

Set up a weekly budget and stick to it no matter what.

Become a Savvy Shopper

Become a savvy shopper who makes purchases based on price rather than on brand perception. Look for specials and negotiate better prices at every opportunity you get. Once you have completed your discount shopping adventure, simply return home and spend some pleasurable time in the kitchen churning out a sumptuous home cooked meal that will wet the appetite. By cooking and eating from home you will effectively save at least half the money you would normally spend on eating out.

Make Purchases with Cash or Debit Card

Make purchases only using either a Debit Card or with pure hard Cash. Get into the habit of keeping cash in your wallet and using only this money to make your purchases. By spending only what you have and nothing more, you will set yourself on track towards ridding yourself of your debt.

Eliminate Unnecessary Expenses

Eliminate all unnecessary expenses including all the “wants” out of your life. Unnecessary expenses and “wants” simply don’t fall under the category of “needs”. Ask yourself before you purchase something:

Is this something that I need?

Or is it something that I just want and can do without?

By being picky with what you spend your money on, and by following these simple guidelines, you will have more money at the end of the month left over to pay off the repayments owing on your credit cards and other liabilities.

Find Ways to Earn More

Simple, yet effective. There are always opportunities out there to make a little extra money that can go into paying off your debts. Look for these opportunities, however be very careful not to dip your feet into “Get Rich Quick” schemes that ask you for a financial investment with a little time and effort.

If you are neck high in debt it is probably easier to look for a stable source of income that can guarantee you the highest possible hourly wage. Keep your eyes open and always add more value to what you do. In this way people will credit you for your work and this may help you to earn more in less time.

Wealth Building Strategies

The following Wealth Building Strategies are not designed to make you rich and successful over night. Instead they present some sound and grounded principles that will progressively build your wealth over an extended period of time. Patience, discipline and dedication towards learning and implementing these strategies on a daily basis will be the factor that will make the most difference to your long-term financial success. Again this list is very short, and there are many more strategies that we could expand upon. However, these will hopefully get you started and pointed in the right direction:

Take Charge of Your Income

If you have read the discussion about “Digging Yourself Out of Debt” you will now hopefully understand how important it is to take charge of your expenses. Here for this step, it is also very important to take control of your income earning ability. It is after all critical that you track where your money goes, and to spend less than you earn. However, it is even more important to value your worth and time.

If you give more, than you should receive more. Simply ask for a raise if you sincerely feel that your efforts deserve to be rewarded. You must however be confident and secure in your own ability to negotiate your worth no matter what obstacles stand in your way.

Take Charge of Your Investments

Many of us are so caught up in the idea that we need to have a lot of money before we can start investing. This simply isn’t true. In fact you can still be in debt and make money through the right investment opportunity.

Compound Interest

Begin first by utilizing compound interest to your advantage. For example, put aside money into a high interest bearing account on a weekly basis. Over time this money will grow and provide you with a low risk high return investment on your hard earned dollar.

Invest with Experts

If you are going to invest, make sure to invest with experts, with people who have a proven record of success within the investment sector that you have chosen.

Invest in Assets

You should only be investing into assets and taking calculated risks that are within your means. Speak to your financial advisor for further information.

Utilize the Wealth Bucket Principle

The Wealth Bucket principle is a simple means of managing your income that will provide you with long-term security, open up the possibility for quick earnings, while eventually guiding you towards the affluent lifestyle you have always dreamed of living. However, be warned that this principle requires diligent effort and discipline. There may be times when you could be tempted to cheat this strategy – and the moment you do, could be the moment the buckets crack open and threaten your financial security. Let’s quickly discuss what the Wealth Bucket Principle involves.

Survival Bucket

Considering that your income (after tax) comes to a total of 100%. Let’s now take 70% of this income and place it into the Survival Bucket. The Survival Bucket is for your everyday expenses, your everyday needs without the “wants”. If you can easily manage on less than 70% than by all means add the remainder to the other buckets. However, 70% is a good figure to begin with.

If on the other hand you feel that you need more than 70% of your income to survive, than adopt the Frugal mentality and read through the Debt section of this mind map for ways to earn more and cut back on your expenses.

Security Bucket

This is your 2nd bucket into which you will be placing 15% of your income. This bucket is for long-term low risk security investment opportunities like the compounding strategy – we discussed earlier – and for purchasing Bonds. Any money that goes into the Security Bucket you will NEVER touch, EVER. Let it grow and grow. It will provide you with a secure and confident feeling that your wealth is increasing on a daily basis.

Growth Bucket

Place the remainder 15% of your income into this bucket and invest into higher risk endeavors such as Mutual Funds, Real Estate, Business Opportunities, Options and Stocks. Be diligent with your investment decisions and take time to study and learn about the best investment opportunities that can grow your money long-term.

The great thing about the Growth Bucket is, that once you earn money from here you will distribute the profits evenly (33.3%) into 3 buckets. The first 33.3% goes into the Security Bucket, the second 33.3% goes back into the Growth Bucket, and the third 33.3% goes into your Dream Bucket.

Dream Bucket

This is the place where you make all your dreams come true. Whatever money gets placed into this bucket goes to purchasing your dream car, home, yacht, jewelery, holidays, and anything else that your heart desires. The Wealth Bucket principle works, and can effectively set you on track towards living the life you have always dreamed about.

Try it, live it, adopt it into your lifestyle, and most of all be patient. Great things take time, and when that time arrives it will be well worth waiting for.

Attract Wealth through these Simple Strategies

In the meantime, while you are involving yourself in the process of growing your wealth, why don’t you also align yourself with wealth by doing things that will attract more of it into your life on a daily basis. Strategies, like constantly carrying cash in your wallet will provide you with a sense of abundance.

Write Out a Future Cheque

Writing out a future cheque (check) to yourself for an amount of money that you desire to have at a future date, will provide you with the motivation to keep moving you forward.

Value Your Personal Worth

Valuing your personal worth is another strategy that we already touched upon a little earlier on.

Socialize with Wealthy & Successful People

Socializing with wealthy and successful people may provide you with the insight you need to steer you on track towards your financial goals.

Contribute to Charities

Contributing to charities and helping those in need will bring a sense of contentment and satisfaction that will encourage an attitude of gratitude for your current life circumstances.

Absorb Your Mind in Wealth

Attract more wealth to yourself by continuing to absorb yourself with information about wealth building subjects on a daily basis. Read the financial section of the newspaper, pick up a book about an investment topic that interests you most, or simply have a conversation with financially minded people, or just spend time watching the financial news.

All these suggestions may seem small and insignificant, however over time they can and will have a huge impact on the person you eventually become.

The Poverty Attraction Mindset

Just as we have a Wealth Attraction Mindset, there is also a Poverty Attraction Mindset that many of us are completely unaware of. Simple things we do on a daily basis – seemingly innocent habits, beliefs, characteristics and actions – all combine to create one powerful cocktail that repels money from our lives. By being unaware of this, we simply do not understand the impact that our everyday behavior has on our long-term financial success.

The quick discussion that follows isn’t by all means conclusive, however it does provide some guiding principles of a Poverty Stricken Mindset that you must be aware of and work to remove from your daily behavior, habits, thinking and activities if you seek to achieve long-term financial abundance.

The Habits of a Poverty Stricken Mind

Those who are stuck within a Poverty Stricken Mindset don’t realize or understand the impact that their daily habits are having on their ongoing financial burdens. If you catch yourself absorbed in any of the following habits, than immediately break yourself away, change your actions, thinking, emotions and look towards cultivating the Wealth Attraction Mindset characteristics, beliefs and habits we discussed a little earlier on.

Easily Influenced by Others

If you are easily influenced by others, and you are simply hanging around other “Poverty Stricken Mindset” type peers, than the financial journey is over for you up until the point where you make a decision to remove yourself from their presence. You have no chance of reaching a point of financial success in your life because others will just keep you down on their level and ways of thinking. Be aware of this and remove yourself from these people immediately. Move away to another city, state or country if you have to. Just move away and get yourself out of their circle of influence.

Focusing on What Don’t Want

A Poverty Stricken Mindset focuses on the things that it doesn’t WANT. Is it really surprising that these types of people end up getting what they focus on?

Seeking Instant Gratification

A Poverty Stricken Mindset seeks instant gratification at every opportunity. They seek those little short bursts of pleasure to avoid immediate pain. On the other hand, the Wealthy Mindset focuses on long-term pleasure and they learn to manage short-term pain.

Making Constant Excuses

You will find a Poverty Stricken person always making excuses about their predicament, circumstances and position in life. Let go of the excuses once and for all. You are where you are – live with that. Now decide to move forward in a better direction that will lead you to financial success. If you really think about it, no one really cares about excuses, they are simply a way to draw sympathy from others. And if you have a habit of being around other like minded people, than there is no doubt, they will give you all the sympathy they can muster in order to keep you feeling sorry for yourself for as long as possible.

Constantly Worried About Losing Money

People with a Poverty Stricken Mindset always worry about losing money and their possessions. It is of course understandable that if you don’t have a lot that you will more likely be worried about losing it. However, this is exactly what keeps people within their current life predicament, and is a pivotal reason why they will never achieve financial abundance.

Not Being Realistic About Money

A person with a Poverty Stricken Mindset is usually not very realistic about their money. They tend to dream a little too much and don’t back up those dreams with the necessary actions that will make their dreams come to fruition in the real world.

Not Making Money Important

A person with a Poverty Stricken Mindset simply does not make earning money a high enough important aspect of their daily life. Yes they want money, and they want to earn it as quickly as possible, however when it comes to the amount of time, effort and energy they put into taking the necessary steps and actions towards earning this money, it simply pails in comparison. There is after all a big difference between just wanting something and doing whatever it takes to bring those wants into fruition.

Characteristics that will Keep You Poor

The characteristics of being undisciplined, ungrateful and having a dispassionate attitude towards money are pretty self explanatory. They will keep a person in a Poverty Stricken Mindset for as long as they continue to cultivate these low level qualities within their psyche.

Limiting Beliefs that will keep You Stuck in a Poverty Mentality

In a future IQ Matrix we will discuss in detail about the belief process. However, for this discussion it is important for us to fully realize the impact that our limiting beliefs can have on our earning power and long-term financial success.

For example, if you believe that money is difficult to obtain, than that belief will rule your money making decisions for the rest of your life, and as a result will sabotage your earning power and pull you away from the financial abundance you desire to obtain. More about beliefs in an upcoming Mind Map.

A Simple Lack of Financial Knowledge

Finally, a simple lack of financial knowledge keeps most people in a Poverty Stricken Mindset. There is a saying that goes – “What you don’t know cannot hurt you”. Instead it should say – “What you don’t know may not hurt you, but it could very well keep you where you don’t prefer to be.” It is better to know than to live a life of ignorance and despair. Begin slowly by reading one book, attending one workshop or seminar. Hopefully this will wet your appetite for more. Patience is the key, and discipline is the lock that will help you stick to it for as long as it takes to make your financial dreams a reality.

Final Thoughts

Financial success is definitely something that is within everyone’s reach no matter how dire their current life circumstances may be. Slowly, but surely we can all learn to master these simple strategies and potentially adopt a mindset that will naturally attract wealth and abundance into our lives. Stick with these principles, turn them into consistent daily habits and actions, and your time will come. Sooner or later opportunity will turn your way, however first, it is up to you to get that wheel turning in the right direction towards your ultimate financial goals and objectives.

I hope you enjoyed this post, and if you have any further thoughts, ideas, reflections or suggestions about this topic, than please feel free to comment below.

Spotlight on the MasterMind Matrix

The process of Wealth Management is an important and indispensable component of the MasterMind Matrix.

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The MasterMind Matrix is a Psychological Chart of Personal Success and Achievement. It is used as an effective Self-Coaching tool that will help guide you through the personal obstacles, setbacks and limitations that may stand in your way as you progress towards the attainment of your goals and objectives in the field of academics, business, career, sports, or life in general.

Each IQ Matrix Mind Map that is available through this website represents a single cell fragment of the MasterMind Matrix. For more information and images, visit the MasterMind Matrix page.

Free Articles & Online Resources

Here are a number of highly recommended free articles and online resources that will further help expand your understanding about this topic:

• 73 Great Debt Elimination Tips @ Zen Habits
• The Golden Money List: Hundreds of Tips for Turning Your Financial Life Around @ Zen Habits
• How to Create an Abundant Mentality @ Positivity Blog
• Can Money Buy Happiness? @ Attraction Mind Map
• 10 Ticks on How to Save Money with Your Car @ I Need Motivation
• 10 Ways to Become a Wealthy Thinker @ Change Your Thoughts
• 50 Resources to Legitimately Raise Your Income @ My Supercharged Life
• Top 10 Everyday Ways to Save Money @ Ririan Project
• How to be Frugal without Being Cheap @ Ririan Project
• 22 Ways to Make Your Car More Fuel Efficient @ Ririan Project
• 32 Hacks for Sticking to Your Budget @ Lifehack
• 5 Easy Ways to Save Money on Credit Cards @ Pick the Brain
• 10 Money Mistakes to Avoid @ Pick the Brain
• 10 Tips for Smarter Saving and Spending @ The Next 45 Years
• How to Stick to Your Monthly Personal Budget @ Goal Setting College
• The 12 Step Get Out of Debt Program @ Zen Habits
• 10 Frugality Ways to Get to 1 Million @ Wise Bread
• 66 Ways to Save Money @ Get Rich Slowly
• 21 Money Saving Sites from Around the Web @ Get Rich Slowly
• Don’t Panic – Recovering from Financial Mistakes and Setbacks @ I Will Teach You to be Rich
• 200 Rich Quotes & 200 Poor Quotes @ Shanel Yang
• How to Mentally Prepare for a Financial Crisis @ The Daily Mind
• How to Stop Your Impulse Spending @ Dumb Little Man
• How to Keep Your Inner Wealth in Times of Recession @ Sri Chinmoy Inspiration
• Using Creativity to Double Your Way to a Million Dollars @ Abundance Blog
• The Financial Wellness Project @ Financial Wellness Project
• 15 Ways to Manage Risk in Your Financial Life @ Wise Bread
• 7 Money Saving Menu Strategies for Every Day of the Week @ Wise Bread
• Ready for Extreme Saving: Money Saving Advice for an Extreme Economy @ Wise Bread
• The Real Secret to Getting Out of Debt @ Inspired Money Maker
• 20 Ways to Trim Your Budget & Survive the Hard Time Ahead @ My Supercharged Life
• 10 Proven Tricks to Build Up Your Emergency Fund @ Lesson in Life
• Budgeting Easy @ Balanced Existence
• 55 Green Budget Tips to Show Nature You Love Her @ Billionaire Woman
• 7 Concrete Tips to Curb Your Spending @ Practical Personal Development
• 5 Personal Finance Tips You Don’t Always Hear About @ Wise Bread

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Recommended Books

• The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying by Suze Orman
• The Millionaire Next Door by Thomas J. Stanley
• The Millionaire Mind by Thomas J. Stanley
• The Richest Man in Babylon by George S. Clason
• Frugal Living for Dummies by Deborah Taylor-Hough

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