Your Personal Wealth   

Did you know that your Personal Wealth is an important conversation? 
Who are you taking your personal wealth conversation to?

You want to be time rich, you want the freedom to choose what you do, how you spend your time, your days and your life! Right?

Let’s open up a conversation about your Personal Wealth. We all know that we can’t control what will happen tomorrow, or the next day.  We know that we can’t be sure when there will be a crisis or a blessing, but you can choose to be grateful for what you have now!  Abundance is not a state that you will achieve when you ‘have everything’.  

Abundance is something that you can choose to begin to experience in this very moment.  Your Personal Wealth is an important area of your life. 

When I talk about wealth, wealth is what measures the value of all the assets of worth owned by a person, community, company or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, building wealth is the accumulation of resources

1.  Take a look at what you own and what you owe

You may own a car or a home or have money in the bank. Add it all up, and it can seem substantial. But to truly know what you own, you have to factor in what you owe.

The combination of what you own (your assets) and what you owe (your liabilities) makes up your personal net worth. Knowing your net worth is important for two reasons:

  • It lets you understand your current financial situation.
  • It gives you a reference point for measuring progress toward your goals.

Ideally, as you continue to earn and save, your net worth will grow. If your net worth is low or in the red, you’ll need to work on saving more and spending less. To watch and monitor your progress, you can calculate your net worth now and recalculate it again once or twice a year.  You will find the Asset and Liabilities template in the pages of the 2020 Abundance Diary, it’s a good starting point.

attitudeBeing content, happy and satisfied with what you have right now is powerful and life changing.  This is an attitude of gratefulness.  On each day page of the Abundance Diary, you will find the:  “Today, I’m grateful for…” section, which allows you to record your gratefulness on a daily basis. 

Going back over the year, or even today a year ago (if you were using the 2018 edition) allows you to recall, in full colour, the moment, the magic, the experience, the feeling, the abundance, the blessing or the miracle.  It is a very personal level type of experience.  Truly magical.  The feeling, as my Mom used to say, is priceless.

Be grateful for your house (whether you own it or rent – it’s a roof over your head!).  Be grateful for your family and friends who love and appreciate you as you are right now.  Be grateful for big things; be grateful for little things.
Perhaps it’s a delicious sandwich that you had, or a delightful time spent with your friends.  Perhaps it’s a large business transaction that has taken place and is a real game-changer for you. Whatever it is that you are grateful for, focus on that!
Your life, decisions and opportunities will reflect whatever you focus on.  Focus on the positive, energizing events and you will begin to feel positive and energized yourself.   That’s ABUNDANCE!

2.  Reduce your Living Expenses

I know, this isn’t very exciting, but this is the definition of wealth.
Great wealth builders focus on both saving money and earning more.

What is the difference between your expenses and your income? Expenses should always be lower than your income. The larger that gap, the more wealth you can accumulate, by saving and investing.  The tracking templates in the Abundance Money Diary, make it easier to manage and reduce day to day spending. 

There is a wonderful learning opportunity that you gain, from tracking YOUR day to day spending.

Let’s face it, you can’t invest unless you have money to invest. If you’re currently living beyond your means and have no additional money to put to work for you, you’ll never build wealth.

3.  Don’t keep buying STUFF

Don’t buy stuff that you don’t need.  Before the point the sale, assess, is it a need or a want? Ask yourself what you really need and really don’t need. Do you really need that million-inch flat screen TV? No you don’t!

4.  Save a Percentage of your Income!

Savers are definitely in the minority. Very few people save a substantial amount for the future. These days, saving 10% of your income is not enough.  When I work with my clients, I advocate that they should be saving between 30 to 50% of their income. While that’s definitely on the extreme side of things, it can be done, as long as you start.  

Granted, the more you make the larger a percentage you can save. The point here is to make some sacrifices so that you can put more of your wealth toward investments that are right for you.

5.  Earn Much, Much More!

As the old saying goes: “You have to have money to make money.” I know what you’re thinking though: “Well Linda, I don’t have any money, so how can I make money if I don’t have any money?”

First, let’s address something. When you say that you don’t have any money and believe that, you’re already setting yourself up for failure. You have to change your mindset and the way that you speak, shift your belief and believe that you can find a way to make more money. It starts with you and that is the good news!

6.  Invest in Property

Investing in property may not make you wealthy overnight, but it can add zeros to your net worth in a shorter time frame than many other traditional investments. For example, purchasing a fixer-upper house, rehabbing the property and selling it for more can net you a significant windfall if you do it correctly.

Just be sure to buy low, rehab smart, and sell fast. House flipping, as this process is called, is largely a numbers game, and significant profits can be made by those willing to take on the challenge.

I bought my first property when I was 21 years old.  You can read my story here!

Concluding thoughts on Building your Personal Wealth Fast

To build wealth really fast, you’re not going to get there by investing R500.00 to R1000.00 per month into a Retirement Anunity. While yes, it’s great as a long-term strategy, it’s not going to make a difference in the short-term. 

It’s always a good idea to talk to several professional investors to see what has worked for them. The best question you can ask any financial professional is how they are investing their money.  It will speak volumes.

Let’s step back for a moment. You might be thinking: “How in the world can I learn and do all this stuff? Is it even possible?”

Don’t think that you have to do everything. Instead, focus on a few things and do them well. It all starts by investing in yourself. Listen to podcasts, read books, take millionaires out for lunch (yes, you buy).

As you make it a habit to find ways to better yourself, you’ll also find new potential ways to build wealth faster than ever. Everyone does it differently, and nobody will do it exactly like you. You’re unique and you’ll find a way. Just give yourself a chance! 


Take Action Today, Make a Difference for Tomorrow

If you are ready to shift how you think and feel about money, you can book a Discovery Call with me. 
A FREE 30 minute one on one Financial Coaching Session.
your personal wealth

The Abundance Money Diary is what will bring it all together, in one place, so that you can give your attention to money in the most effective way!!  In my 2020 Abundance Money Diary, there is a block on every day that says “Today I’m Grateful For…”. This is important and powerful in your abundance journey.  

Apart from all the other benefits of having a page-a-day diary, taking a moment every day (or several!) to focus on that for which you are grateful will begin to transform the way that you think, feel and, ultimately, behave.


Not only will you begin to feel encouraged and happier, your new attitude will be infectious and your family, friends and colleagues will see a new you! In addition, by using your 2020 Abundance Diary, in this way, you are building a treasure chest of gratitude memories that, when reviewed a year later, will provide an even deeper appreciation for what you were already grateful for. 

The price for one copy of the 2020 Abundance Diary is R325.00 (price excludes courier/postage fee)
Your Personal Wealth
If you haven’t ordered your copy of my 2020 Abundance Diary yet, click here for details and be sure to email me directly on to ask for your DOUBLE Discount when you order for a friend too, a total saving of R60.00!

Price for two copies of the 2020 Abundance Diary is R295.00 each,
order together and you can save on courier/postage too!

To your abundance always!

The Power of Giving

Do you know my money story?

Join me on FACEBOOK

Here is a link to my YouTube Channel

If you are ready to shift how you think and feel about money you can book a Discovery Call with me.

Pin It on Pinterest