| If you are expecting a tax refund, what will you do | | | | lives, rather than less. It can be something different that |
| with this additional money? Don't you feel that this is a | | | | moves individuals outside of their comfort zones, rather |
| very personal question? Imagine someone asking this | | | | than more of the same. In my training seminars ABC |
| question and also answering it on your behalf. | | | | Strategies to Building Wealth Right Now, these |
| Interestingly enough, not one, but several individuals are | | | | statements thus far would be called clues. But, I'll |
| confidently predicting how your income tax return will | | | | continue so that the full picture is revealed and painted |
| be used to benefit them. Let me add none of these | | | | clearly. Good people with equally good intentions, |
| individuals are either family or close friends. | | | | create resolutions for a new year. Sadly, only 14% of |
| In listening to reporters, analysts, and others on news | | | | those individuals follow through on their plans. That |
| broadcasts, the national expectation is that individuals | | | | means 86% of the population continue doing more of |
| will do more of the same with tax refund checks. | | | | the same. That's clue number two. So even with the |
| What's more of the same? It seems that the hope | | | | proposed reduction of a tax liability, 80% of the wealth |
| and expectation is for people to spend it. Some may | | | | in the U.S. will still remain in the hands of slightly more |
| pay off debt accumulated during the past year, | | | | than 10% of the people. This is clue number three. |
| including the holiday shopping season. Others may | | | | About 80% of the wealth in the U.S. is held in the |
| purchase large ticket enjoyment items like televisions, | | | | hands of approximately 10% of the population. About |
| cars, computers, vacations, etc. A few will invest in a | | | | 14% of the individuals who make commitments and |
| business opportunity that will provide continued benefits | | | | plans to add more value to their lives with changes |
| over time. | | | | and/or additions, do it! Does this mean that wealthy |
| However, more of the same choices and behavior | | | | individuals follow through with plans? Does more of the |
| only focuses on people spending money now for short | | | | same for those people who have created and |
| term pleasures without any wealth building strategies | | | | possess great wealth mean finishing what that plan to |
| or long term benefits. | | | | do? At the early wealth creation stages it did mean |
| Is this something good? Or is this something that the | | | | bypassing the temptations for short term pleasure |
| average individual should re-think before getting an | | | | items that could not offer or produce long term |
| anticipated loan on their income tax refund? The | | | | benefits. |
| answer to both questions is yes. Income tax refund | | | | So how is an income tax refund check an excellent |
| checks are very good wealth builders and it is | | | | wealth builder? Well, if there are any similarities |
| something that the average individual should examine | | | | between the individuals who think about doing different |
| more closely before the funds are in your hands or | | | | things in their lives, but don't and the millions of people |
| bank account. Here's why. | | | | who don't control the wealth of this nation, then the |
| First, tell me if you see any similarities. Each year, as | | | | income tax refund check will do more of the same for |
| the end of the year approaches, but just prior to New | | | | assisting the 86% who are uncomfortable moving |
| Year's Day, millions of people make New Year | | | | from thought to action remain in their own comfort |
| resolutions. They resolve to begin something, stop | | | | zones. It will continue to build wealth for the 10% of the |
| something, change something, or just do something. | | | | population rather than themselves. That's not a clue. It |
| The something can be doing more with and in their | | | | is a fact. |