Think Wealthy and be Wealthy: “Secrets of The Millionaire Mind” by T. Harv Eker

Eker’s 2005 book, published by Harper Business, outlines the primary ways that rich people think differently than the middle class or poor people. It isn’t by working harder or getting a raise, it is only by changing how one thinks about money and being rich that matters. Eker refers to this mindset as one’s “blueprint” and that if the inner work of being ready for wealth isn’t done first, even if a person does come into big riches, they will more likely lose it just as quickly. “The fact is that your character, your thinking, and your beliefs are a critical part of what determines the level of your success,” writes Eker (pg. 10). 

What is Eker’s solution for the person wanting wealth? Eker offers a book full of wealth principles (“If your goal is to be comfortable, chances are you’ll never get rich. But if your goal is to be rich, chances are you’ll end up mighty comfortable” – pg. 64), and wealth declarations (“I am an excellent receiver. I am open and willing to receive massive amounts of money into my life” – pg. 121). His method is to change the inner feelings and thoughts about money, wealth and success in order to live up to the law of attraction – simply stated as “like attracts like” (pg. 58). 

Other points Eker makes for managing the money you do have:

• Set up a Financial Freedom account with 10% off all earnings after taxes. Use this money for investments that will provide a passive income.
• Plan to spend another 10% on yourself as a “play” account.
• Set aside another 10% for long-term savings that you’ll spend later.
• Another 10% is for giving.
• An education fund gets 10%.
• Then 50% goes for necessities.

But does the plan work? It certainly can’t hurt to try. Give the book a read and see for yourself. In the meantime – remember that like attracts like and if you’re thinking like a poor person, you’ll never have great wealth and the lifestyle that brings. If you’ve read the book and have some comments, post them below.

For more ways to create wealth, here are some articles you may find helpful:

• The Five Best Ways to Make Cash Fast Online or in Real Life
• Five Ways to Live Like a Millionaire Even If You are Broke
• The Way to Wealth: Getting Rich and Creating Wealth the Ben Franklin Way 2
• Absolute Control: Five Proven Tips for Managing Your Money

Anne Mathews is pursuing a graduate degree full-time and teaches part-time at a major U.S. university. If you are interested in writing professionally for this site and others, Ms. Mathews would appreciate the referral bonus: http://www.triond.com/rw/39827.