9 Secrets To A New Financial You In 2008!

As 2007 comes to an end, it's time to regroup, leave your financial past behind and start anew. I don't know about you, but I'm definitely ready for the New Year. And this year it's time to kick it up a notch and play BIG! Millionaire BIG, that is.

It also doesn't matter that the housing market is still in a slump and gas prices are crazy. Starting today, your focus needs to be on how to make more money and how to manage what you have coming in. Stop reading or listening to all the negative economic news; it does absolutely nothing for your spirit, or your bank account, and will keep you far away from becoming a millionaire.

Before I get into the 9 secrets, I want you to first take a self- assessment test. Ask yourself the following questions:

There's no secret to becoming wealthy. It's simply a matter of the day-to-day choices you make that determine whether you will become a millionaire. Eventually, you can have the flat screen television and spend $5,000 on a vacation. But, if you have to use your credit cards to get these things, then it means you can't have them right now. Your focus needs to be on investing in assets that create enough cash flow to allow you to buy the luxuries for cash, not on credit. That's what millionaires do.

So, here are the tried-and-true 9 Secrets To A New Financial You In 2008:

1. Make a committed decision to become wealthy. So many people talk about wanting to make more money or get out of debt, yet, they aren't committed enough to make it happen. And it's not a priority. You got to WANT this! Your spouse can't want it for you, nor can you parents. It's all up to YOU. So make the decision right now that you are going to learn how to invest and make your money work for you.

2. Develop a written financial blueprint. Nothing happens without a plan. The written financial blueprint will serve as your roadmap and force you to do something. It's amazing to me how we'll spend more time planning our vacations, yet won't take the time to plan our money. This year, sit down and write out exactly how much you need to earn, and how you are going to invest. Write down everything you want to financially happen in the different stages of your life-retirement, new baby, kids off to college, etc...

3. Put saving money on automatic pilot. Stop torturing yourself by trying to use your willpower to save money every month. Just have 10 percent of your net monthly income automatically taken out of your check and into a savings account every pay period. If your company won't do this, set it up with your local bank or online banker, such as ING Direct, which happens to pay out one of the highest yields on a savings account. And they don't require a minimum to open the account. www.ingdirect.com

4. Think twice before you spend money. Managing your cash flow every month is key. There is no need for you to be a walking billboard for designer clothes, shoes, sunglasses, or jewelry. The celebrities are not your role models; so don't try to emulate them. Do you really need a Beyonce gold cell phone? I don't think so.

5. Lay off the credit. If you can eat it or wear it, don't put it on your credit card. Let's go a step further, don't put anything on your credit cards that you can't pay off in two or three months. If you have a ton of debt right now, focus your energy on paying if off as quickly as possible. Remember, the interest you are paying, could be going toward a piece of investment real estate, that gives you an extra $500-$1,000 in income every month.

6. Make money with your money. It takes money to make money, but you don't need thousands of dollars to get started. Open an account with a mutual fund company that has no-load funds or a discount brokerage firm such as www.sharebuilder .com and start with $50 or $100 and consistently invest that amount every month. Build a diverse portfolio of stocks, mutual funds, bonds and real estate.

7. Earn passive income in your own business. Entrepreneurs are four times more likely to be millionaires than those who are employees. And you don't need to be a CEO of a fortune 500 company. It can be a part-time Internet business, or a catering business. Find something you are passionate about, do some homework and see if it can be a profitable business.

8. Contribute to your employer retirement plan. I read that only 25 percent of employees are contributing to their 401(k), 403 b), or tax deferred retirement accounts. BIG MISTAKE. If you haven't noticed, most companies are doing away with pension plans, so your retirement falls on you. And please don't depend on Social Security. It will not be enough. Put the maximum into your employer plan, especially if they have a matching program. That's Free money!

9. Last, and actually most important; Get mentored by millionaires. You need a coach, an advisor to walk and guide you through this. You can't do it alone. You need to form a good working relationship with someone that has done it and can show you how to do it. There is no need for you to reinvent the wheel, you can learn the mistakes and the strategies that they used to become millionaires and follow them, so that you too can become a millionaire. These are the role models you want to emulate.

If you want to discover how you can get dozens of multi-millionaires to share jealously guarded secrets with you. Join my New Millionaire -A-Month Club at http:///http://www.millionaireamonthclub.com for $1 and get $1,369.00 of Free money making tools.

About The Author:

Cheryl Broussard, author, speaker and wealth lifestyle coach. Copyright 2007

Find The Best Bill Consolidation Debt Loan For Your Needs
Finding the right bill consolidation debt loan is rarely easy, but it is important for consumers to get this important decision right.With so many of us drowning in debt, the importance of the debt loan is only likely to grow, and more and more finan...

Ireland Travel Guides
1. Eyewitness Guide Book to IrelandNobody should go to Ireland without a copy of the Eyewitness Guide Book to Ireland. After comparing numerous Ireland travel guides, this one quickly rose to the top of our favorites. Its easy to read, its bursting a...

Interactive Whiteboards Lessons - Basics of Indian Taxation
According to the Income Tax Act, assesses means a tax payer. A tax payer can be an individual, company or a firm. It can also be association of persons, body of individuals or HUF (Hindu Undivided Family). In computing income-tax, the residential sta...

Profitable Web Site Creation - Learn the Secrets to Excellent Web Site Creation
Many people are interested in web site creation these days. Why? This is because you can earn money from it. The online market is full of web sites and pages. If you have a poorly designed site, people will ignore you. And your competitors are doing ...

Four Credit Card Secrets
You have probably heard credit card advice like "look for the lowest interest rate," and "try to avoid cards with annual fees." Those common sense tips won't be covered in this article. This is about the credit card secrets you may not have heard. He...

Fast Web Site Creation - 3 Must Haves When Creating a Site
Creating a web site requires the amalgamation of various characters and technical skills in order to come up with the most unique and well applauded site. As a site creator, you need to make sure that you have the enough innovativeness to allow for ...

3 Secrets to Successful Prospecting
For the commercial/industrial field sales professional Prospecting is one of the most important activities we can do.However, most of us hate to Prospect and will avoid it at every opportunity.My goal is to teach a simple but effective Prospecting sk...

You Must Have Your Own Web Site to Really Make Money Online
If youre going to do business on the internet, you need to have a piece of it you must have your own website. On the internet, your own website becomes your own base of operations. There are several important elements of having your own website. Am...

Secrets of the World’s Great Savers
Most middle-class workers find it hard to save money. But not all.I founded the Financial Freedom Community in December 1999. Since then, thousands of highly effective savers have come to our discussion boards to share their strategies for winning fi...

Auto GAP Insurance - Is it Really Necessary, or is it a Waste of Money?
We have feelings about that GAP insurance policy in a couple ways. First, we have those that swear by it, have purchased it, and thankfully never had to use it. And there are those, that have been into a situation where their car was declared a total...