Robert Kiyosaki continues to have a somewhat pessimistic (and realisic) outlook on the future of the market and economy. He says that we have been in a bear market rally, meaning a temporary upswing in a longer downward tread and that we could be in the middle of a dead cat bounce. Click on the link and read his article and then ask yourself what it means to you if he’s right and what steps you could take now to prepare.

http://finance.yahoo.com/expert/article/richricher/221388

I often catch my students affirming though the spoken words things that limit their abilities to succeed. It seems like many are masters of putting the chains of doubt and disbelief around themselves everyday. As a coach, I take pleasure in helping my students free themselves from these things that are holding people back. God did not create you with limits. The only limits that you have in your life are the ones that you accept. Are there things that have held you back in the past. What if you were brutally honest with yourself. What would be the one thing that has held you back in your life? Are you willing to work on that one thing this week. Remember, when we are looking to change a habit we are always focusing on what we want in the present tense and mixing emotion with it. Pick one thing this week and start the process of freedom!

I thought this was an interesting article from the business partner of one of the richest men in the world, Charles Munger. He recounts the history (and future) of the United States but does it in parable form, calling it the history of “Basicland”. His final line gives his prediction for the future; “Basicland is now under new management, using a new governmental system. It also has a new nickname: Sorrowland.”

Read it here: http://www.slate.com/id/2245328/

This week we hear from Kory Koontz who shares with us an industry update covering the new credit card laws taking effect February 22nd.

It seems like there are so many things that are going on that can make you want to think negatively. There is so much turbulence going on around us in this world. It is so important that you do not let the fear all around you get into your home. We get out of life what we feel we are going to get. If you are feeling fearful you will attract more of that into your life. To be financially free it takes courage. Courage is the opposite of fear. How would it feel to live a life free of the negative forces out there? It would feel wonderful. If you want to be wealthy, you need to feel wealthy today! Start feeling that way starting now. If you feel wealthy you will be wealthy. It is what King Solomon said “As a man thinketh in his heart so is he” well, how do you think using your heart? The heart is the seat of emotion. You must feel it today if you want it tomorrow. Write down a few things that could do today that would help you feel wealthy now!

How our everyday thoughts shape our lives.