Certain Laws of the Science of Getting Rich

The Science of Getting Rich by Wallace D. Wattles is definitely one of the books that hold much substance. Self-help and personal improvement books have been gaining momentum for so long. Among all these books, topics on wealth creation and personal finance are the center of all these interest. However, some books just separate themselves from the substance that it presents rather than the form that most self-help books possess.

From the title, “The Science of Getting Rich” contends that there is an exact science in wealth creation which can be compared to the hard sciences today like chemistry in physics. Thus, there is an assumption that there are laws that guides the process of how to get rich and be financially free. This puts the pressure on the reader to follow the methods rather than the rhetoric. In addition, the reader is given the certainty that one can get rich with these laws.

Wattles wrote this at a time when the period of enlightenment is slowly turning into a period of modernism. That is why there are many parallel books about getting rich that is anchored on modernism; that is having a sense of certainty in achieving wealth if one focuses on a purpose and do everything to achieve it completely. In those times, people start working hard through failure to get things right. While today’s getting rich books talk about leveraging, The Science of Getting Rich is a treatise of creativity.

Bridging the Art and Science of Making Money

While this claims certainty, it is also much a philosophical book in its time. Wattles talks about the value of having a unified theory, which is a Hindu philosophy slowly entering the Western mind. The theses on wealth creation now lie where richness takes place in this universal system. Wattles therefore will tell you that everyone has the right to be rich in this system and he lays out the groundwork for people to achieve this right.

Wattles define The Science of Getting Rich as the advancement of man and development of life. People should have an affirmative attitude of getting rich as his right. Here, Wattles connect getting monetary wealth with the ability to acquire our basic needs while finding ways to grow individually.

Competitiveness VS Creativity

Perhaps the main principle of the book is the shift from competitiveness to creativity. This thought, again a highly Eastern thinking, states that people do not have to step on each other’s toes to get rich. Instead, it is our call to create. The will to create allows us to have a vision of what we want to do, a path to where want to go, and the motivation to continue to focus on creating wealth. Getting rich is therefore an exercise of clarity of the big picture and should not be regressed to small battles laid out by competition.

Wattles’ book weighs upon the advance of all. In a company, you have to give people more than you can take from him. This allows you and your peers to have the momentum to move forward. Remember, that in order for a business organization to grow, you have to take your people with you. Expansion for your selfish profit will leave you with more fools than smart people. This is an example of living the certain way and abiding under the law of attraction. To attract wealth is to be positive about it.

Financial freedom is only possible if you are not guarded by your competition. Instead, your potential is without limit if you seek creativeness. This book pushes you to look forward instead of looking behind to your disappointing past or sideward to your grueling competitors. This change of perspective is what all people need today in a highly competitive world. The Science of Getting Rich is a transcendent book with ideas that still applies today.

Achieving the Path to Financial Freedom

The Path To Financial Freedom. Financial freedom is a word that has taken primacy in the 21st century. It is a term that describes a lifestyle that is organically planned where no one is required to work for income to cover their expenses. Financial freedom perpetuates that one can be free of the responsibilities of money as long as he has set a life defining plan to handle his finances.

Financial freedom does not mean that one is free of debt. However, it contends that debt can be defined as an expense. While debt is a constant financial consideration, a person who has acquired financial freedom is allowed to mark debt as a part of his expenses rather than a weight to his financial goals.

Financial freedom is a misconception for being rich. While we know that rich people have a number of million dollars in account, their overhead long run costs could mean that they are not as financially independent as they seem. Therefore financial freedom is a concept attuned to your lifestyle and the amount of money you have to cover it. In this perspective, financial freedom is not as hard to achieve as first imagined.

Financial Freedom is Time Freedom

Path to Financial Freedom DVDFor other people, financial freedom is equivalent to having an expanded leisure time. The concept of time is money comes into play. In reality, a financially independent person will see that money is time. Once you are able to develop a sense of time freedom, then that means you are in a positive direction to acquire financial freedom.

Financial freedom makes ones finances less of a concern. Defined differently, financial freedom allows someone to take time on activities without trading your free time for income. Financial freedom hinges on tradable assets that compound over time to cover for regular expenses. Thus, wealth is created which generates more time and money. It allows people to cut their working hours with no loss of income because of money making activities.

Achieving Financial Freedom

Achieving financial freedom requires a different mindset. In our classic college education, we are taught to work for money. Therefore, we put in time to work and then we get our wage. This is the famous time for money swap. However, financial freedom removes the concept of time-and-money-swap and allows an individual to make money work for them.

Achieving financial freedom involves a different shift in lifestyle and overall mindset. While it is easy to think about having more time to invest and create a business, most office workers still find that whatever amount of time that they have should be placed in a routine. A critical step in achieving financial freedom is realizing that there are ways to make better use of ones time.

To achieve financial freedom, fundamental attitudes about the concept of money need to be changed. Realizing that money is only a mean to achieve an end is one thing. Knowing that no one should be judged depending on the amount of money they own is another. Judging financial freedom as the amount of money held defeats the purpose because in the end, you will not have financial freedom if you are not satisfied with the money that you have. Remember that financial freedom is also a personal perception. This perception is highly related to the level of satisfaction that money brings.

On another side of the coin, we should also remove the negative perception of money. While the saying that “money is the root of all evil” seems relevant, thinking that this is always the case will provide a repellent view about creating wealth. Always put into heart that the path to financial freedom is a healthy endeavor as long as one feels it is ethically sound to make money.

Achieving Financial Freedom

Definition of Financial Freedom

Financial freedom is a word that has taken primacy in the 21st century. It is a term that describes a lifestyle that is organically planned where no one is required to work for income to cover their expenses. Financial freedom perpetuates that one can be free of the responsibilities of money as long as he has set a life defining plan to handle his finances.

Financial freedom does not mean that one is free of debt. However, it contends that debt can be defined as an expense. While debt is a constant financial consideration, a person who has acquired financial freedom is allowed to mark debt as a part of his expenses rather than a weight to his financial goals.

Financial freedom is a misconception for being rich. While we know that rich people have a number of million dollars in account, their overhead long run costs could mean that they are not as financially independent as they seem. Therefore financial freedom is a concept attuned to your lifestyle and the amount of money you have to cover it. In this perspective, financial freedom is not as hard to achieve as first imagined.

Financial Freedom is Time Freedom

For other people, financial freedom is equivalent to having an expanded leisure time. The concept of time is money comes into play. In reality, a financially independent person will see that money is time. Once you are able to develop a sense of time freedom, then that means you are in a positive direction to acquire financial freedom

Financial freedom makes ones finances less of a concern. Defined differently, financial freedom allows someone to take time on activities without trading your free time for income. Financial freedom hinges on tradable assets that compound over time to cover for regular expenses. Thus, wealth is created which generates more time and money. It allows people to cut their working hours with no loss of income because of money making activities.
Achieving Financial Freedom

Achieving financial freedom requires a different mindset. In our classic college education, we are taught to work for money. Therefore, we put in time to work and then we get our wage. This is the famous time for money swap. However, financial freedom removes the concept of time-and-money-swap and allows an individual to make money work for them.

Achieving financial freedom involves a different shift in lifestyle and overall mindset. While it is easy to think about having more time to invest and create a business, most office workers still find that whatever amount of time that they have should be placed in a routine. A critical step in achieving financial freedom is realising that there are ways to make better use of ones time.

To achieve financial freedom, fundamental attitudes about the concept of money need to be changed. Realizing that money is only a mean to achieve an end is one thing. Knowing that no one should be judged depending on the amount of money they own is another. Judging financial freedom as the amount of money held defeats the purpose because in the end, you will not have financial freedom if you are not satisfied with the money that you have. Remember that financial freedom is also a personal perception. This perception is highly related to the level of satisfaction that money brings.

On another side of the coin, we should also remove the negative perception of money. While the saying that “money is the root of all evil” seems relevant, thinking that this is always the case will provide a repellent view about creating wealth. Always put into heart that financial freedom is a healthy endeavour as long as one feels it is ethically sound to make money. In the end, having the right attitude about money will go a long way in dealing with different perceptions of financial freedom. Financial freedom is ultimately a state of mind.

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