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Wealth
Wealth building is nothing more than a process. A systematic series of actions, habits and behaviors that start with clear goals and objectives. Wealth, pursued intelligently and reasonably, provides a purpose for a chosen lifestyle. Once understood, the process is nothing more than a doable series of steps that allows an individual to each day make forward progress by using consistent methodologies over extended periods of time.
Individuals who chase wealth, including the select few that actually achieve it, tend to pursue its supposed magic for three particular yet different reasons. The first and most popular ideology regarding wealth is the idea of providing oneself with the means of satisfying an endless pursuit of material consumption that will lead to happiness. This, "the more I buy and own, the happier I will become" approach to life is perpetually endless in final destination. For there is never enough and the happiness is often very short lived with each purchase, no matter how large or extravagant.
The second is the idea that wealth will allow themselves with the freedom and liberty to become totally unproductive in life. How wonderful would it be to quit work, stay home and watch cartoons and eat potato chips all day?
The third is using wealth for very specific purposes. The first purpose is to allow for wealth to provide as a means to control one's time. When we control our time, we can choose activities and projects that provide real meaning and fulfillment. We can chose to work because "we want to" not because "we have to." The process of wealth building thus becomes a roadmap for a lifelong journey where we liberate ourselves against the tyranny of those people and items that deny us the use of our time on matters that are important and meaningful to us.
Wealth planning has three axioms that when applied together, greatly increases the possibilities and probabilities of success;