“Question and it shall be given”. This pithy biblical verse from Matthew 7:7 is the very foundation of The Law of Attraction. This terse biblical verse is used as a prop to validate the principles behind The Law of Attraction. “Question and it shall be given”, sounds nice. It makes us feel excellent because what it is really saying to us is “wish and you’ll get what you want in life”. This is what makes the Law of attraction so compelling. The thought that you can reflect something into your life. It plays very well to the human frailty we all possess, which is the desire to get something by doing nothing. This human trait is the reason why the lottery and gambling are so rampant in our society. The Law of attraction is no better than buying a lottery ticket. Despite all of its excellent intentions, it is nothing more than a fake god. It is an energy drink at a time when your body needs a home cooked meal. I have an unfortunate news flash for the disciples of The Law of Attraction: life does not give you things just by thinking those things into your life. If all we needed to do was to question and it shall be given, then most of us would be living in McMansions on the beach, with an SL 500 parked in the garage and passive income flowing into our bank accounts.
Only action will give you any shot at wealth. You need to take action if you want to realize any real financial success in life. In a nut shell The Law of attraction does not work, and “question and it shall be given” are just words from a very legendary ancient book on paper by a human being many thousands of years ago, in a time very different than the one we live in today. We’ve come a long way since then. We’ve evolved as a species. We’re different today than we were 2,000 years ago. We’re smarter. We have more information. We have better and more abundant information. We have an additional 2,000 years of human encounter to look back upon. New, proven concepts proliferate and it is these experienced-driven concepts and principles that we should be adopting into our lives, not 20 words on paper a long, long time ago.
The secret to achieving financial success has always been called a secret. Why? Rich people will shower you with platitudes. They will beat their chest about hard work, stanchness, intelligence, perseverance, excellent grades, on and on. The fact is financial success has nothing to do with any of those things. It has nothing to do with the number of hours you work in a day, or your intelligence, or the institution you graduated from or your profession, or your tenacity. The reason financial success has always been a secret is because rich people have no thought why they are flourishing. It’s a secret even to the wealthy.
If financial success is a secret, even to wealthy people, than we’re all screwed, right? Not exactly. It’s not a secret to everybody. It’s not a secret to this CPA, who has spend 25 years advising and studying wealthy people. I know the secret. Not very many people share my information. I stumbled upon the secret to financial success after a client questioned me five years ago, “what am I doing incorrect?”. I spent five years trying to answer that question. It was a purely accidental discovery. But what an epiphany it was.
Financial success is directly tied to your daily habits of living. When your daily habits are constructive, excellent habits, you will realize financial success in life. I like to call these excellent habits, “The Rich Habits”. These are daily habits that lead to success. The byproduct of living The Rich Habits is health, happiness, nice vacations, modest, but nice homes, family time, numerous excellent relationships, plenty of savings, robust retirement plans, flourishing businesses, no debt and a general feeling of well being.
What are these “Rich Habits”? The Rich Habits represent five years of research into the daily habits of wealthy people. I’ve narrowed these daily habits down into ten principles I call “The Rich Habits”. If you live these ten Rich Habits each day you will, in time and without fail, become financially flourishing. You will see your wealth accumulate, day by day, year after year. Your mindset will change and you will see yourself as financially flourishing. For model, Rich Habit # 3 states: “I Will Engage In Self-Improvement Each Day”. Following this Rich Habit requires you to engage in the habit of improving your career/trade skills each day. This may include, for model, keeping up with industry changes through periodicals. blogs, Internet research or specific self-study material. You do this on a daily basis, which only requires that you commit to one half an hour per day of self-improvement. But the key is, you need to perform this task each day. It’s incremental but in the aggregate it is noteworthy. You will start to see opportunities you missed previously and this will translate into a financial reward down the road.
The main premise of The Law of attraction is that you can attract wealth into your life if you reflect rich thoughts. According to the law, if your vibrational patterns are aligned correctly with the fantastic ether, you will attract that which you reflect about each day. If you are not attracting those things you desire in life, according to the law, then you are doing something incorrect. What you are doing incorrect is hard to define and oftentimes leaves the follower frustrated. The main failing of the Law of attraction is this: attracting wealth into your life requires action, not thought. You cannot simply reflect your way into wealth. You need to renovate excellent daily habits that are focused on the achievement of your goals.
Tom is a Certified Public Accountant, a Certified Financial Conspirator, CLTC (Certified Long-Term Care) and President of Cerefice & Company, the largest CPA firm in Rahway, New Jersey. Tom works with clients helping them manage their money, retirement plotting, institution savings, life insurance needs, IRAs and certified plot rollovers with an eye towards maximizing tax benefits and minimizing taxes. Tom is founder of the Rich Habits Institute and author of “Rich Habits”.
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