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Where There’s a Will, There’s a Way To Protect Your Assets

Money lock  iStock 000013212532XSmall 21 300x199 Where There’s a Will, There’s a Way To Protect Your Assets

We sat down with a good friend recently and aside from the catching up and reconnecting, we had a long chat about their recent legal woes regarding their family’s assets. It turns out that her parents had a will that was over thirty years old. When they passed away, she was left with mountains of paperwork to sort through to determine where exactly all the family’s assets were located. She’s still not sure if she’s found everything and the reality is that she could be missing out on money that she could definitely use.

The moral of her story is this: A little planning in advance can save you (and your loved ones) a mountain of trouble (and paperwork) later on. So here are three important things you can do right now to secure your assets (or be proactive and help your parents secure theirs).

Step one: The most important thing you can do to protect yourself and your family’s assets is to contact an attorney and update your will. This should also include appointing guardians for your children, information about how you want your assets distributed, charitable donations, medical protocols, choosing your executor, as well as funeral arrangements. Some of this might seem morbid, but making your intentions clear will be a comfort to your loved ones.

Step two: Create an asset fact sheet. This is your way of communicating where to look for your assets should your executor or your beneficiaries need to locate anything. This should include the names of the financial institutions and account numbers, the locations and numbers of security deposit boxes, any deeds or property records, and any investment account information. For your privacy, you should NOT include any specific monetary amounts or contents. Think breadcrumbs and not whole loaves.

Step three: Communicate! Let your loved ones know that you’ve done this to provide for them. Whether you’ve placed your will and asset fact sheet in a security deposit box, entrusted it to your attorney, or keep it securely at home, inform your executor about where you’ve collected these documents and how to access them if they need to. Let them know that there’s a plan in place and when the time comes, it will be one less thing to worry about.

That’s it, three easy steps to make sure that your money goes where it’s supposed to, if you’re no longer around to make sure.

Rest in Peace-of-Mind,

Your Peak Potentials Team

P.S. We want to hear from you! Do you have an updated will? Do your parents have one? How will it feel to know that your family’s assets are protected?

 Where There’s a Will, There’s a Way To Protect Your Assets

What Are The Best Ways To Build Wealth In This Economy?

Special message from T. Harv Eker

mmi banner blog What Are The Best Ways To Build Wealth In This Economy?

I've noticed something disturbing lately.

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Here’s the thing.

This IS the new normal.

If you’re postponing your success and pursuit of your dreams until “they” do
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http://millionairemindintensive.com/thanks/

P.S. Just like the thermostat in your house controls the temperature of your environment, your
inner money thermostat controls the level of wealth in your life. If you want to achieve greater
financial success than you are experiencing right now, it’s essential to raise your inner money
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 What Are The Best Ways To Build Wealth In This Economy?

Do You Always See The Victory?

japan wins womens world cup 2011 300x203 Do You Always See The Victory?

(Photo Courtesy of www.ibtimes.com)

It’s hard to imagine victory without its counterpart, defeat. Like so many things, it’s seeing two sides of the same coin. At last week’s breathtaking and nail-biting Women’s World Cup Soccer final, while we didn’t have much to do with the outcome of the event, we did have the opportunity to make an important decision about what we saw.

In the haze of the final moments, as the dust and confetti settled, you may have noticed the look of disappointment and shock on the faces of the US Women’s Team— the light escaping from their eyes as the defeat sank in. You might have seen goalkeeper Hope Solo run to the crowd, clinging to her loved ones for support. Maybe you even felt pangs of disappointment in yourself.

But if you happened to see the look on the faces of the Japanese Women’s Team you would have seen something different: The thrill of victory, the surge of elation, tears of joy and something else— vindication. These athletes have trained, day-in and day-out for years to earn the honor of being selected for the Nadeshiko, the Japanese national team. And they trained through the horrors of earthquakes and tsunamis, through loss and tragedy to become the first Asian team to win the Women’s World Cup.

And when you saw the celebration, maybe you could forget yourself (where you’re from or who you’re supposed to be rooting for) for a just a moment and feel like part of the human victory.

It was a victory for Japan, a country that has seen tragedy and devastation. It was a victory for the sport. It was a victory for athletes. It was a victory for women. It was a victory for unity. It was a victory for everyone.

So here it is: Always see the victory, and you’ll always be part of the win.

Go Humans!!!

Your Peak Potentials Team

P.S. Where were you when you saw or heard about Japan’s win? How did it feel? We want to hear from you!

 Do You Always See The Victory?

Are You Playing the Victim? The Millionaire Mindset revealed

Help Flag iStock 000015266973 Are You Playing the Victim? The Millionaire Mindset revealed

If you have any desire or goal to be rich (and we think you probably do) you must understand and appreciate that you have to take responsibility for your finances. You’re in charge of your success the same way you’re in charge of your mediocrity the same way you’re in charge of your failures.

Instead of taking responsibility for what’s going on in their lives, “not-yet-rich” people choose to play the role of the victim. A victim’s predominant thought is often “poor me” and that’s literally what victims get stuck with: being poor. Even worse, they’re not even really victims, they just want your attention and energy!

Now, before we get down to brass tacks, here’s a little disclaimer! We know YOU wouldn’t ever play the victim! But maybe you might know someone who can relate. And maybe, just maybe, you might know that person reallllly well (wink, wink)!

Now that that’s out of the way, how can you tell when people are playing the victim? There are three types of victim, each more pitiful and pathetic than the next! Being able to identify and avoid them could mean the difference between climbing your way to success (yay!) and falling into a deep pit of despair (boo)!

Victim #1: The Blamer
Most “not-yet-rich” people are pro’s at playing the blame game! The rules are simple: see how many people and circumstances you can point your finger at without ever looking in the mirror. While a victim might have fun doing it, we can guarantee it’s a huge bummer for the people in their life.

The blame game is particularly destructive because as long as the blame can be placed outside of themselves, nothing is safe from its wrath. Some classic offenders include: the government, their broker, the economy, their spouse, their friends and even their parents! Rough.

Victim #2: The Justifier
If blame isn’t their forte, the next best thing a “not-yet-rich” person tries to get away with is justifying or rationalizing away their situation by saying “money’s not really important.” Not only is that completely wackadoo crazy, it’s a sure sign of someone who’s probably broke and always will be. If you think money isn’t important, you just won’t have any!

Rich people totally have this all figured out. No rich person believes that money isn’t important (they’d get laughed out of the country club!). Rich people understand that if you want to get anything done or accomplished, it’s probably going to involve money at some point.

Victim #3: The Complainer
If justifications and rationalizations aren’t in their repertoire, complaining is a great third option for the chronically “not-yet-rich” victim. Believe what you will, but when the Universe (o hai!) states that what you focus on expands, complainers should probably listen because they’re just making their already crappy problems even crappier.

Complainers are particularly dangerous because you can easily become collateral damage in their crap-fest because once you get sucked in… you’re going to want your own turn! How many times can you remember listening to a complainer and before you even realize it, uttering the words: “You think that’s bad? Wait till I tell you what happened to ME!”

The truth is that blame, justification, and complaining are like self-medicating to alleviate the stress of failure. Think about it. If someone weren’t failing in some way, shape, or form, would they really need to blame, justify, or complain? Probably not.

From now on, as you hear yourself disastrously blaming, justifying, or complaining, cease and desist immediately. Remind yourself that you are creating your life and that at every moment you will be attracting either success or crap into your life. It is imperative you choose your thoughts and words wisely!

Here’s your assignment: for the next full week, we challenge you to not blame, justify, or complain— not just out loud, but in your head too! Commit to seven full days of freedom from playing the victim in any way and you just might find yourself attracting less crap and more good things (and hopefully tons of money!) into your life.

And if you find yourself ever playing the victim again, just stop, take a breath and say to yourself:

Somebody call the “WAH-mbulance!”

Your Peak Potentials Team

P.S. We want to hear from you! Let us know how your “victimless week” went!

 Are You Playing the Victim? The Millionaire Mindset revealed

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Who’s Afraid of The Fearsome Foursome?

1340668 lake view Who’s Afraid of The Fearsome Foursome?

Did you know that one of the keys to getting (and staying) rich is taking real action?

Let’s break it down: If thoughts and feelings are part of your inner world, and results are part of your outer world, it would make sense that action is the bridge between those two worlds, right (RIGHT!)?

We all have fears but the critical difference between rich people and not-yet-rich people is that rich people never let these feelings stop them from taking action!

So if action is so important, what prevents us from taking the actions we know we need to take? The answer is The Fearsome Foursome!

Discomfort: Acting in spite of discomfort is so important because “comfortable” is where you currently reside at this very moment. The more comfort becomes your priority, the more contracted you become with fear. If you want to move to the next level in your life, you’ve got to become comfortable with being uncomfortable! Being comfortable might make you feel warm and fuzzy, but nothing feels as good as being rich and successful (and happy)! Rich people know that being committed to constantly expanding and growing their comfort zone (read: your WEALTH zone) is the key to success.

Doubt: We all have moments of doubt and uncertainty when it comes to our finances. The key to acting in spite of uncertainty is realizing that there’s another word for it …VARIETY! Name one time the word variety goes hand in hand with a negative. Kellogg’s Cereal Variety Pack, Dean Martin Variety Show, a variety of wines to choose from (the list is endless, because there are a variety of instances in which this is true). The next time you feel uncertain, instead of shrinking or retreating back to your comfort zone, press forward. The great part about uncertainty is Who doesn’t like a multitude of options and opportunities? Who doesn’t like having literally anything be possible? How boring would life be if A+B always = C (we can’t even imagine!)?

Inconvenience: Getting rich isn’t always going to be convenient! Nor will it be particularly easy. Let’s be real… getting rich is probably going to be pretty dang hard! The key here is that if you’re only willing to do what’s easy, life will be hard, or at most, “middle class”. If you’re willing to do what’s hard, life will be easy. So what are you waiting for? Start making some hard choices, start acting inconveniently and see what comes rolling your way!

Worry: When it comes to your finances, there’s any number of things that can induce worry. We worry about having enough money, about earning more money, about losing the money we have and not having any at all, about taxes, investments, asset protection strategies, business ideas, and profitability. Are you exhausted (we are after writing that sentence)? Because we are. We’re not even going to go here. There’s a song, it’s by Bobby McFerrin. It comes with a video… that has Robin Williams in it. You literally cannot feel worry after watching this video and hearing this song. YouTube it now.

Now quit getting scared and start getting rich!

Your Peak Potentials Team

P.S. We want to hear from you! What’s something that you’ve been afraid of that will no longer get in your way?

 Who’s Afraid of The Fearsome Foursome?

And The Award Goes To…. YOU!

FTW4 And The Award Goes To…. YOU!

If you happened to catch the Oscars this week, one thing you might have noticed (and should be VERY excited about) is how many first-time winners there were! All night long, award after award went to actors, writers, and directors that had previously never tasted victory at the Academy Awards!

We always get excited for people to receive their first taste of well-deserved success for two reasons: first, we love seeing people have their very first big win! The nerves, the gratitude, the feeling of validation for all the hard-work and dedication —people who always come thiiiiiis close to having it all, but always find their prize just out of reach or going to someone else.

Secondly, we know that it means that great things are coming their way. That little statue is going to be the first of many things they’re about to receive. They’re going to raise their game. They’re going to meet and work with people they’ve always wanted to, and they’re going to do more, be more and experience more with renewed confidence and presence.

So where are you on your journey? How close are you to your first-time win? Some of you may have already experienced your win and are now reaping the rewards… others may be just on the cusp, reaching out for that goal. Wherever you are, one thing to remember is that how you do anything is how you do everything.

The way you are in one area is usually the way you are in all areas. If you’ve been blocking yourself from receiving money, chances are you’ve been blocking yourself from receiving everything else that’s good in life. If you’re a poor receiver, you’re a poor receiver in all areas. The good news is that when you become an excellent receiver, you’ll be an excellent receiver everywhere…and open to receiving all that the universe has to offer in all areas of your life.

If last night proves anything, it’s that receiving an infusion of energy and encouragement that your dreams are within reach, your goals are achievable and you can have everything you want, could lead you to so much more!

Just remember to thank your Mom!

We have to go! The teleprompter is telling us to ‘wrap up’!

Your Peak Potentials Team

P.S. Did you know more than 1 Million lives have been changed at the Millionaire Mind Intensive? Register today as our valued subscriber in a city near you

register now And The Award Goes To…. YOU! And The Award Goes To…. YOU!


 And The Award Goes To…. YOU!

Do you have Sense or Centsibility?

MMI LA jars for blog 300x195 Do you have Sense or Centsibility?

Ask any millionaire how they made (and were able to keep) their money and chances are they’ll give you a list a mile long on smart investment strategies, asset allocation, epic sales strategies and even a few right-place-right-time stories. It’s a lot to remember and it’s a little overwhelming (and not very encouraging) to say the least!

The truth is that these millionaires, whether they know it or not, aren’t any smarter or faster than not-yet-rich people —they just have different and more money-friendly habits (we like to think of it as being more “cents-ible”). For most millionaires, the main reason they’re rich can be summarized in one statement: Rich people are GREAT at managing their money.

Remember this fact: The single biggest difference between financial success and financial failure is how well you manage your money. Simply put in order to master money, you must manage money.

Unfortunately, a lot of not-yet-rich people tend to mismanage their money and even avoid the topic of money and financial issues altogether for two reasons: because they think it will restrict their freedom or because they think they don’t have any money to manage. Don’t get caught in these traps! There is no greater freedom than your own personal financial freedom!

As for the second, if you have two cents to rub together, you’re more than halfway there! Instead of thinking, “When I have plenty of money, I’ll begin to manage it,” the more realistic way to see it is, “When I begin to manage it, I’ll have plenty of money.” You have to start handling the money you have, before you can have more money to handle.

You have to know by now that we live in a kind and loving universe (hooray!), and the rule is, “Until you show you can handle what you’ve got, you won’t get any more!” As you can see, the universe is clearly not messing around.

So here we go: You must acquire the habits and skills of managing a small amount of money before you can handle a large amount. Remember, we are creatures of habit, so the habit of managing your money is more important than the amount that you’re managing.

From now on, every single dollar you earn and every single coin that you yank out from under the couch cushion presents you with an opportunity to add more sense to your cents (and more holler to your dollar!) and find yourself well on your way to the financial freedom.

Does this make cents?

Your Peak Performance Team

P.S. We’ve got so many great strategies to share with you on how to manage your money and become a money master! But first, here’s your assignment: Find as much spare change as you can. Look everywhere! Now count it up. We found $17.38 ($1.35 of it was from our couch!). How much did you find?

 Do you have Sense or Centsibility?

Can you have your cake and eat it too?

cake for blog1 300x224 Can you have your cake and eat it too?

Pop Quiz Time!

For each of the following questions, choose one:

1. Do you want a successful career or a close relationship with your family?

2. Do you want to focus on business or have fun and play?

3. Do you want money or meaning in your life?

4. Do you want to earn a fortune or do the work you love?

If you find yourself stumped on any or all of these questions, here’s a hint: the answer to all of them is ‘BOTH’!

When faced with choices like these, changing your perspective from ‘either/or’ to ‘both’ can be the difference between never having enough (boo.) and having everything you want (yay!) and so much more. The truth is that not-yet-rich people tend to scrape by in a world of limitations and scarcity, while rich people understand that with a little creativity you can almost always figure out a way to have the best of both worlds and slide through life! Rich people have figured out how to have their cake and eat it too!

So here’s your bonus question…for all the marbles (mmm, marble cake!): Do you want to be rich or do you want to be happy?

This should be easy for you now! If you’re still not sold, let’s discuss.

For a lot of reasons, many of us have been led to believe that money and happiness are mutually exclusive, that either you can be rich or you can be happy, and specifically that money is not as important as happiness. Let’s be clear: they’re BOTH important! To say that one is less important as the other is full-scale bananas (mmm, banana cake)! That’s like asking, “What’s more important, your head or your heart”?

Here’s your million dollar coaching: People who are rich in every sense of the word understand that you have to have both. Just as you have to have both your head and your heart, you have to have money and happiness.

So your mission is this, the next time you’re confronted with an either/or alternative, stop, take a breath and ask yourself, “How can I have both?” This question just might transform your life from a model of scarcity and limitation to a universe (oh, hi again!) of possibilities and abundance— and cake.

Have another slice,

Your Peak Potentials Team

P.S. We’d love to hear from you! How are you going to start asking for BOTH?