Tuesday, July 21, 2009

The "Recession" is a state of mind

As sure as the spring will follow the winter, prosperity and economic growth will follow recession.-Bo Bennett

Which mindset do you have? A recession mindset or a realistically optimistic mindset?

While listening to a satellite radio show this morning, the hosts were talking about what is currently going on with the economy and a caller called in and made a very interesting point. The caller said something like "What would happen if the media and the press had told everyone that the economy was great, and they have nothing to worry about." While it may not be a wise choice to always go out and spend our money recklessly in any economic cycle, the news and information that we feed into our head can have a large impact on our thoughts and actions. When we concentrate our minds heavily on how bad the economy is, and how things may seem to be we are putting our minds into a negative state, which will continue to focus on negative things.

I firmly believe that it is our personal choice of whether or not we allow ourselves to be affected by all of the negative news we hear about the recession, and have that control our lives. The nation's economy and our own personal economy are two completely separate entities. We do not have much control over what goes on in the nation's economy, but we do have control of how we handle our own personal economy. and whether we choose to accumulate assets which will create cash flow for ourselves, or whether we continue to accumulate liabilities which take money out of our pocket. Each one of us has the ability to take control of our own lives, and take the necessary actions that it will take to create the future we have always dreamed of.

During recessionary periods, there are many more opportunities to accumulate assets which will enable you to create massive wealth for yourself. For example; houses prices have decreased, foreclosures are up which gives an opportunity to help out an individual who may be in foreclosure, stock prices are down and may be at a "sale price," and there are business opportunities available that can create both cashflow and long term wealth possibilities.

I think it is imperative that everyone take a look inside themselves, and decide what they really want out of life, and take the actions necessary to achieve it. We were put on this great earth for a purpose, and that is to live a life full of abundance, and enjoy everything that it has to offer. There are too many great things to experience and learn about, instead of just sitting around and letting outside circumstances control our lives.


Here is an excellent video from Robert Kiyosaki about THINKING LIKE A CHAMPION

Think Like A Champion from Conspiracy of the Rich on Vimeo.


2 comments:

  1. I hope zillions of people read this. We are victims of what we hear and believe. We can turn it around by making positive affirmations. I am a believer in good, in health, wealth and blessings.

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  2. Thank you mary. I am glad that you enjoyed my blog.

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