Turning Debt Into Wealth is Not to Being Wealthy
Turning debt into wealth won't make you wealthy. "How come?" You see, money is a tool and a trap (I'll get into this later so that you can spot it!)
Too many people confuse 'being wealthy' with:
- Transforming debt into wealth
- Reaching financial independence
- Becoming 'happy'
Soon you'll discover how dangerous that confusion is. You'll save yourself years of frustration - the same frustration I had found myself in!
Why Turning Debt Into Wealth Won't Make You 'Wealthy'!
Turning debt into wealth is about reaching a certain monetary value (your net worth or income would define that.)
You see, transforming debt into wealth is about not stressing over bills anymore and maybe even the occasional 'showing off' to friends. ;-)
But it's not the same as 'manifesting wealth'. This is important because once you're not worrying about bills (which in itself is a dangerous way of looking at wealth) or have finished impressing those closest to you, you're going to feel empty.
You will try to fill this emptiness with more money only to realize that eventually it loses its' flare (no matter how proud or jealous your 'friends' may feel.)
That's why I recommend focusing on manifesting wealth instead. More on that later.
Why Manifesting Wealth is not The Same as Financial Independence!
'Financial independence' is defined as having your passive income (income you get without working) equal to or exceed your current expenses.
This is not the same as being 'wealthy'. Granted, financial independence is a worthy goal (it's one of my top priorities) because it means freeing your time to do what you want.
That is what you want to turn debt into wealth for. That is what I recommend making your top priority. "What are you talking about?" I'll explain in a bit! ;-)
Manifesting Wealth is Not The Same as 'Being Happy'!
'Being happy' is a momentary feeling that can come from many things such as:
- Making love
- Eating a good meal
- Spending time with friends
And although it's great to feel that way those feelings don't last long and it isn't the same as being wealthy.
So How Do You Become Wealthy?
'Wealth' is a feeling of abundance that comes from contributing in way that makes you feel fulfilled!
For example, even though I'm building websites to become financially free and like you am working on turning debt into wealth, they don't help me 'become wealthy'.
I'm really becoming wealthy when I'm teaching. I love doing it and I'm contributing at the same time!
Final Thoughts on Turning Debt Into Wealth!
I recommend finding your unique way to manifest wealth by genuinely contributing. From there I recommend transforming debt into wealth as a habit.
I guarantee that you'll live a happier and more fulfilled life. Ironically when you become wealthy by contributing, you'll also make transforming debt into wealth a lot easier!
