|
"Nine out of ten
Millionaires today are self-made and started with nothing!"
WOW! Did you read
that? Nine out of ten millionaires are self-made millionaires
and started out with nothing. In fact, the richest man in the
world, Multi-Billionaire Bill Gates, started his company, Microsoft, from scratch.
Microsoft has produced many multi-millionaires and even a few
multi-billionaires. In 1982 there were only 13 Billionaires in
America, today there are around 300. During the late 1990's Silicon
Valley, a small area in California, produced over 60 new Millionaires a day. It is very
clear there are more wealth building opportunities today than ever before.
"There
are over 3,500,000 Millionaires in the United States. "
3.5 Million Millionaires!
That's exciting! In the early 1900's there were just over 4,000
millionaires. In the short span of one hundred years the number of
millionaires has grown 88,000% to over three and a half million.
This is an incredible growth rate and only around 10% is due to
inheritance. The other 90% have become wealthy on their own.
Why are we telling you this? Because you should know there are no
limits on what you can do. Financial independence is an achievable
goal: You are now on a mission, the mission of Abundant Wealth.
Getting
Started with Abundant Wealth Training:
You probably have a thousand questions, and that's what this
section addresses. Here we will tell you about the training program and how it
works, but first, we recommend you review our FAQ page because it answers
a lot of basic questions about who we are and what this is all about.
The FAQ page will pop up in a new window, so just close it out when you
are done and you will be right back here.
STOP - Go read our
Frequently Asked Questions (FAQ)
page before you continue.
Did you read the FAQ page? Great!
Now we can move on to learning about the Abundant Wealth training program
and how we use Web Based Training (WBT) to present the materials to you.
A Little Bit About You:
We will make some general presumptions as you
proceed through the training program. First, since we don't know
your specific financial situation, we will presume you are in debt, own a
home, have an income, and want to be debt free and building wealth.
This scenario fits some, but not all of our subscribers. We will
also make references to America, however, these concepts apply to most of
the free world. Don't be
discouraged if you do not fit this profile, our training is flexible and
works great in practically any situation.
Please understand not every lesson will apply to you or your financial
situation. You will need to determine what does and does not apply
to you. With that in mind, we encourage you to continue on with that
particular lesson. You may be in the position to help someone else
in the future with that topic and the more perspective you have the better
decisions you can make.
More About Online Training:
Our online training program is very similar to surfing the web, in fact,
it really is a kind of "organized surfing." Each lesson includes extra activities which you will
complete before going on to the next lesson. We have developed a
help page that describes the training process and shows you how to
navigate through the lessons. Let's take a look at the training page
now, the page will open in a new window just like the FAQ page you read
earlier. Just close it after you have read it.
STOP - Check out the
Online Training Help Page before you continue.
We will also use additional documents you can download and print.
These documents help you track your financial progress as you go through
the course. Occasionally we will refer to one of the software
programs provided on this website. These programs have been custom
developed for Abundant Wealth and you may download them for your personal
use.
The Abundant Wealth Training Program is made up of ten courses. Each
course addresses a major topic, and there are many sub-topics covered in
every course. Each sub-topic is a lesson, and the average lesson can
be completed in 30 minutes or less. We recommend you complete the
ten courses in order, starting with course number one.
HINTS - Maximize your browser when taking a course. We have
designed the courses to minimize scrolling when a browser is maximized on
an 800 x 600 screen. Also, go over each lesson several times before
moving on to the next lesson. When you begin each time you study, go
over the previous lesson before starting an new one. It does not
take a long time, and it is a great refresher. Be sure you
understand the lesson and have completed all of the assignments before
moving on.
We Keep Things Short and Sweet!
Most of our courses are fairly short. The same goes for the
lessons, most are short, but a few are a bit longer. We say what needs to be said
without adding a bunch of extra stuff. Our intentions are to clearly make a point
without dragging things out too much. We
will teach you good financial principles without boring you to death with
irrelevant information.
Here is a summary of the 10 courses in
the Abundant Wealth training series:
Course #1 - Charting a New Course
In this course we look at what the Abundant Wealth
training program is and how it will guide you down the road to financial
independence. It starts with the fundamental characteristics you
will need to begin your new journey. We also explore wealth and
examine what wealth really is and what it means to you. We introduce
the key ingredients to any successful plan and show you how to take the
steps needed to succeed. You learn how others close to you can
significantly increase your success and we show you how to tap this
powerful resource. Finally, the most important rule of wealth is
revealed and you learn how the Abundant Wealth training program will help
you implement it. The course ends with a preview of what we will
focus on in future courses and lessons.
Course #2 - Financial Principles
In the previous course you learned what it
will take to take to travel down the road to wealth. Now it is time
to get down to business and start learning about money. This course
begins with a lesson that teaches you many of the terms used throughout
this program. You also learn how to calculate your net worth and how
we will use this as an indicator of your progress. You will chart
your finances and implement a plan towards eliminating debt and acquiring
assets. You will also learn how to create a cash flow plan designed
specifically to direct your money where you want it to go. We finish
up the course with a lesson on check books, debit cards, and credit cards.
Course #3 - Invest in Yourself
Too often the focus of our finances is
paying our bills. This course teaches you to turn that around, and
start paying yourself. We start by analyzing your spending habits
using the tools you learned about in the previous course. Then you
learn how to get on your own payroll. We discuss the importance of
savings and introduce a three step plan to saving money. You will
work towards building up a small cash savings along with a larger
emergency fund to aid you through any unexpected financial difficulties
that may arise in the future. You also learn more about debt and how
paying off debt early provides a guaranteed high rate of return.
Finally, we take a quick look at you and your career.
Course #4 - The Perils of Debt
We begin this course with a
lesson on the many different types of credit. You also learn about
credit reports, how to remove inaccurate data from your credit report, and
who can legally access your report. Next, we dive right into debt
and you learn how incredibly expensive debt can be. Getting out of debt
and staying out of debt become a top priority. You learn the ways people
try to trap you into getting into debt. The debt snowball system is
review along with many tips on reducing and staying out of debt. We
discuss how you as a consumer are protected in many ways from creditors
that use illegal and unfair practices. You will learn about your rights
as a consumer and also what to do if you were to fall upon tough times.
Course #5 - Managing Your Cash Flow
Spending money is something we do almost
every day. This topic is so important we have devoted a great deal
of this training program exclusively to how and when you spend your money.
In earlier lessons you learned how to monitor your finances using the
monthly net worth system. You also learned how to direct your money
where you wanted it to go using the monthly cash flow plan. Now it
is time to focus on the ‘spending’ portion of these plans. In this
course you will learn how to avoid one of the primary enemies of wealth -
overspending. You will supercharge your monthly cash flow plan and
learn lots of exciting money saving tips. This
course will also present the top ten expenses to avoid and ends with an
eye-opening lesson on taxes and how you can minimize your tax burden.
Course #6 - Put Your Money to Work
By now you have learned how to accumulate
piles of cash and, hopefully, you have started to do so. Now you
need to learn what to do with all that extra money. This course is
the first of three courses that will cover the topic of investing and
wealth building. First, you need to learn the basics of investing,
and that is what is covered here in course number six. We will introduce you to investing and review
the steps you need to take before you begin to invest. Then you
learn how to select a
brokerage firm and sales representative, make an initial investment
decision, and monitor that investment.
You will learn about basic investment
products like Stocks, Bonds, and Mutual Funds. We also cover what to
do when an investment does not quite turn out the way you thought it
should. This course ends with a discussion about online trading and
the dangers of day trading.
Course #7 - Protecting Yourself
A wise man protects what he owns, and that
is what this course is all about. There are many things you can do
to protect your family, your income, and your possessions. This
course begins with several lessons covering the many types of insurance
available to you. These lessons teach you how the right insurance
can protect your family, assets, and future income. We introduce you
to wills and trusts and explain how they are important tools in your
financial plan. We also cover how to plan for the handling of affairs in case of disability,
and the deeply personal choices to be made as life nears its end.
Identity theft, a fast growing crime, is also covered in detail. You
learn what identity theft is, how the thieves get your information, and
what they do with it. You also learn steps you can take to prevent
identity theft and what to do if it happens to you.
Course #8 - The Power of Giving
This course explores one of the biggest
benefits of wealth - giving.
What does a farmer have to do before he can harvest his crop? He
plants a seed. The more seed he plants, the greater is his harvest.
When you give you plant a seed, and that seed grows and becomes the fruits
of our lives. In this course we will study lessons on giving,
tithing, and philanthropy. You learn that everyone has a moral
obligation to help those who are not as fortunate as themselves. You
will also learn how tithing is the recognition and worship of God our
Creator through giving and that an offering is what we give after we have
paid God his tithes. We also discuss philanthropy and learn how it
goes far beyond giving and how it has improved humanity for centuries.
Course #9 - Invest in the Future
This course focuses on the future, beginning
with our children. If our
children are going to thrive in the years ahead they absolutely must
understand how money works. You will learn the many ways you
can teach your children about finances and help them to avoid costly
mistakes. You also learn about how to prepare a child for a college education
and how it is an investment that will pay back for a
lifetime. It is a proven fact that people with a college education
have better job opportunities, earn more money, and develop skills and
knowledge that can never be taken away. Finally, we look at what
retirement is and how to prepare for retirement. You learn a new and
more meaningful definition of retirement and learn the steps that must be
taken in order to achieve a retirement with no limits.
Course #10 - Creating Wealth
This is a powerful course that
begins with completely new wealth building definitions of asset and
liability. You learn what kind of assets to accumulate and more about
limiting your liabilities. This course is a crucial step towards
understanding the wealth building process. Building wealth also requires
money, and making more money is also covered in this course. You learn
the four income levels and see how moving out of the first two levels and
into the second two levels can drastically increase your income and wealth
building.
As was stated before, you will start with course #1, titled Charting a
New Course. After you have completed that course, including any
extra activities assigned, you can go on to the next course. It is
VERY IMPORTANT that you do the exercises that accompany each course.
We're More than Just Training...
Your Abundant Wealth membership goes way beyond our training program.
We have developed several software programs for you to download and use at
no additional cost. Also, we are developing more software and adding
new features to our existing programs on a regular basis.
Let's Get Started!
Well, here we go! Not it's time to go
to the Abundant Wealth Training Program.
|
