Posts Tagged With ‘ Rennie Gabriel ’

What would you rather have, information or results? To build my email list years ago I gave away copies of my award-winning, best-selling book, Wealth On Any Income. It had already been translated into eight languages. I gave away 300 copies and what I later discovered is that only one person read the book. What that means is one person got the information and 299 people didn’t even get that. What does it take to get results? That requires action. Now, I will have to say my book is great. However, there is no book that can provide two very crucial items to produce results. The first item is... Continue Reading

You probably know I created my wealth through two things – learning how to treat myself like I mattered by paying myself first (A 5000-year-old concept of the wealthy.) and investing in real estate. While there are more details, those are the two primary drivers. Owning apartment buildings makes me a housing provider – I don’t like the term landlord as that has some negative connotations. My tenants and I have a contract with each other; it’s called the Lease Agreement. They honor their part, and I honor my part. They pay rent, and I provide excellent housing plus handle all repair requests. Recently... Continue Reading

When we’re not taught something correctly, we make things up from what is around us. We make it up from what our parents say to us when we’re young. We make it up from what our teachers tell us in school. We make it up from the television shows we watch, the newspapers and magazines we read, and the stories our friends tell us. We make it up from our own experiences. We’re all graduates of MSU—Make Stuff Up. You can learn the correct way to handle money powerfully. You can learn why you should not focus on paying off debt but invest first. You can learn what the wealthy do instead of what... Continue Reading

Last week I wrote about three differences in the attitudes of ordinary people compared to the attitudes of the wealthy. T. Harv Eker talks about the poor versus the rich.Rich versus poor is too black-and-white and demeaning. And just because someone appears rich does not mean they are wealthy. You can see rich – based on fancy cars, fancy clothes, and fancy houses. You can’t see wealth – you don’t know if they have reserves, investment real estate, a large stock portfolio, or significant passive income. A change in mindset can shift you from ordinary to wealthy when you take action on... Continue Reading

In the past, I’ve written about the difference between the attitudes of ordinary people compared to the attitudes of the wealthy. T. Harv Eker talks about the poor versus the rich. To me, that’s too black and white, demeaning, and because someone appears rich does not mean they are wealthy. You can see rich; fancy cars, fancy clothes, and fancy houses. You can’t see wealth; you don’t know if they have reserves, investment real estate, a large stock portfolio, or significant passive income. As an example, Eker says rich people think big and poor people think small. But what is big versus... Continue Reading

My wife is a residential Realtor® and recently sold a house to a developer. The original house that was built in 1950 will be torn down. The owner, who I will call Mr. Frugal, purchased it new just and recently went into an assisted care facility. My wife worked with both his children who were raised in the house, and the owner who has all his faculties at age 97. The children didn’t say he was frugal. They said he was cheap as can be. Like Scrooge McDuck. All of us live in a nice suburb of Los Angeles called Encino. Many of the homes around us are being purchased by developers and torn down... Continue Reading

You are not alone when you feel it’s difficult to spend money sometimes. If it’s difficult for you now, it will be even more difficult in retirement, or when you think you have Complete Financial Choice®. If you type into Google, “Why is it hard to spend money in retirement?” you’ll see 126 Million results. While I enjoy reading about the psychological barriers to spending money, you might rather appreciate how to overcome the blocks to spending money when you established that you have enough. First, be aware that undoing a lifetime of frugality is not easy to reverse. When you reach... Continue Reading

Chellie Campbell has a newsletter she sends out and has a program that I also respect. In a recent email she spoke about asking for too much: “Why don’t we ask for too much? Too much love, too much money, too much happiness, too much fun? How often do we restrict our reality to lower levels of possibility by not asking for enough?” She went on to talk about Alan Cohen in his book, A Deep Breath of Life. It tells the story of a man who died and went to Heaven. God was showing him around but one door he passed by saying, “You don’t want to go in there.” Of course, the man is curious,... Continue Reading

What happens when the company you are working for has to do layoffs and you lose a job? If that provided 100% of your income, you still have 100% of your bills, but zero income. What do you do? For me it was to be self-employed or establish a business. As I look back on my work life I can see I have been too insecure to be an employee for the reason stated above. I would live in fear of losing 100% of my income. And it did happen to me. After selling life insurance on a straight commission basis for about eight years I was hired as the director of pensions for an insurance company when I was around... Continue Reading

When it comes to handling money powerfully one of the attitudes of the wealthy is that they look at the big picture first, and the details second. If you heard the expression, can’t see the forest for the trees you heard an illustration of that concept above. However, for years that expression never made sense to me. Once I understood what the expression meant I created my own that made sense to me, and it may make more sense to you as well. Let’s say you were about to cross a busy street; there are the details and the big picture. If you focused on the details first as you crossed the street;... Continue Reading