By © Arthur, The Home Business Opportunity

The average person have the misconception that wealth accumulation and opportunities to make money is something unattainable and are reserve for those lucky or highly intelligent person.  They feel that the rich are getting richer and the poor are getting poorer.  They look at those wealthy people with awe, curiosity and envy them.

The truth is that creating wealth is NOT a mystery.  It is more of a mindset.  In the current knowledge-based economy, getting the necessary education is not an expensive luxury.  It is the key that unlocks your money making potential and opens the door to growth.

For most people, once they used up their money, they have to wait for their next employment pay check as they no other source of income. Opportunities to create wealth requires thinking and the willingness to take some risk with your own money.  Those people who attract lots of wealth started like you and me with a normal monthly income.  The difference is that they pay close attention with what they do with that income.

The way you spend your income will either build wealth (assets) or build debts (liabilities).

Building wealth requires you to invest your money regularly in assets building rather than liabilities building.  After your mandatory expenses are paid, you have to decide what to do with the rest of your money.

Having money can be temporary in nature.  The proper focus of becoming wealthy is to learn how to create wealth, sustain it and grow it for the betterment of your life and your family.  A rich man once said, "Divide all the wealth equally among all and you will soon find them back to the SAME pocket of those before you have divided the wealth."

Never shy away from taking risk as it is part of wealth building. Warren Buffett, the great value  investor look at risk differently.  While most investors believe that the volatility of a stock is in its price, Warren say that "it is simply not knowing what you are doing" is the REAL risk.  Most people failed in their stock investment as they compute too much and think too little.

Notice the differences how a non-rich and rich person spend their time and money:

The non-rich think little and trade their time for money.  They earn money by physically working part time or work overtime for additional income.  They trade their money in non-wealth building area such as new car model, latest handphone and other trendy items even though their existing one is still working fine.

The rich think of ways to make money and value their time.  They earn money by building businesses such as an internet business that continue to earn them an income even when they are sleeping or on holidays.  They trade their money in wealth building area such as real estates, bonds, dividend stocks and spend time accumulating knowledge in these areas rather than relying on third party knowledge.

There are many opportunities to make money and choosing one depends on the amount of money or time you have available.  Businesses on the web requires very little money as compare with most franchise business which requires an average of $70,000-100,000 to start.

So, take actions today and start your wealth accumulation plan.

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