The Wealth Formula succinctly depicts the components that are necessary for you to create real wealth. The Wealth Formula is shown below:

M+K+P+A=W

It identifies four essential wealth creation stages and the relationship between them. These are:

Wealth Mindset
Wealth Knowledge
Wealth Planning
Wealth Action

It links each of these four component through the plus sign, +, which signifies that each of the four components are necessary for you to create wealth. In other words, missing one or more of the four wealth components will dramatically impact your ability to generate wealth.

For example, you could mentally prepare yourself, learn everything you need to make enormous wealth and create the most detailed plan to achieve your desired level of wealth, but if you don’t action it then all that preparation is worthless.

Similarly, if you mentally prepare yourself, learn everything you need to make enormous wealth and run off actioning your newfound mindset and knowledge but fail to make a plan it is like setting off in your car to go somewhere you’ve never been without taking a map. What’s your wealth destination? How will you know if you’ve achieved what you wanted to achieve? How do you know your using the right investment vehicle? How do you know if you’re on track or not to reach your target? Are you surpassing or underachieving against realistic milestones? All of these questions would be easily answered with proper planning.

So let’s look at each of the four wealth creation categories in turn.

Wealth mindset:

Wealth Mindset is the first of the four wealth creation categories and examines the importance of the correct mindset to creating wealth and financial freedom. Wealth mindset covers the interaction between you and your environment and the process of adjusting your thought process to think like the wealthy.

For example, the poor and middle class generally think that money is scarce and hard to come by. Saying such as “Money doesn’t grow on trees” and “I can’t afford that” spring to mind. The wealthy see a world of opportunity and abundance. They see money as little more than a concept and simply the by-product of providing value to others. They also know that offering value to others is only limited by their imagination and thus money must too only be limited by their imagination. The wealthiest people of the planet simply understand this and have incredible imaginations that create amazing value to others.

For example, Jeff Bezos realised that bookstores were severely limited in the amount of books they could offer their customers due to geographic and physical constraints. In other words bookstores could only service customers that lived near them and could only offer a limited amount of books, which fit in their store. He saw an amazing opportunity to solve these two problems by giving access to anyone anywhere via the Internet and offering a catalogue that is 40 times the size of a large bookstore. Jeff founded the multi-billion dollar company Amazon!

Wealth Knowledge:

Wealth knowledge is the second of the four wealth creation categories and examines the financial knowledge that is essential to create wealth and financial freedom. It is essential for wealth creation that you are knowledgeable about your own personal finances, the economy, the psychology of markets, compound interest and the asset classes and investment products available to you. Further, you need to understand how to interpret financial statements, investment strategies and risk management all from the wealth creation perspective.

Wealth Planning:

Wealth planning is the third of the four wealth creation categories and examines the essential component of planning to create wealth and financial freedom. Wealth planning is absolutely essential, yet on 3% of the population has clearly written goals and plans. A Harvard Business School study found that this 3% earned 10 times the average of the other 97% and they accumulated 98% of the wealth.

Wealth Action:

Wealth Action is the forth and final wealth creation category and examines the element of action in your wealth journey to create wealth and financial freedom. The importance of action to achieving wealth is obvious. Nothing can be achieved without action.

By using the wealth formula you can easily learn where your wealth creation strengths and weaknesses are and where you need to concentrate your efforts at improving.

Emlyn Scott is the founder of Rich1Percent, investor and wealth creation author. He is a wealth creation and finance expert with 4 post graduate qualifications and has amassed a multi-million dollar investment portfolio.

In ancient times, people lived in a struggle to survive everyday. There was nothing to make life easier—no technology, no tools, just instinct. There was also little to protect them from diseases—no medicine, no hospitals, just instinct, once again. Today, there are already technologies that make life easier, medical supplies to cure all types of pain and ease every little discomfort you may feel. But, many are still unhealthy and many still suffer from diseases. Healthy living is still elusive.One problem is that there are already too much at present such that most people no longer have to exert efforts to do their daily tasks. There are more cars, for instance, so many individuals seldom walk long distances anymore. Whereas the problem in the past was lack, the problem in the present is over-abundance. Whereas people die of lack in the past (think of malnutrition and famine), many people today die of hypertension and heart problems associated with excess (think of foods excessive in fats and cholesterol). The Components of Good HealthMany people are in a search of a healthy living, but what is really the component of good health? How do you achieve overall well-being and a healthy life? When you closely look at the concept of health, you will find out that it all boils down to the following three concepts: •    Proper Nutrients. Whereas you will already find a lot of health pills, diet capsules, and all other artificial medicines formulated to promote health today, it’s important to know that the best means to getting healthy is still the basic—fresh fruits and fresh vegetables and natural foods rich in vitamins and minerals. No health pills can ever be better than these. •    Balance. Another key to getting healthy is a balanced lifestyle. It’s not all about food, nor is it all about exercise. It’s a balance of both. Include fruits and vegetables in all your meals, plus meat and fish every now and then. Get your daily dose of protein, iron, zinc, and other vitamins. Exercise regularly. You don’t even need to go to the gym to do this—doing your household chores and going on daily walks is already a form of exercise. •    Proper pace. Being healthy is not all about getting exercise as often as you can or eating as much nutritious food as you can handle. You can’t force it to happen at once. The proper step toward good health is one of consistency and steadiness—just the right amount of food and exercise regularly. It takes a lot of discipline to maintain a consistent routine and a great patience to wait for the result. But at the right pace, you’ll surely arrive at your destination more fulfilled. By keeping these three components in mind and by making them your starting guide, it would be easy to find the right direction toward good health. And when you finally achieve a healthy living, you’ll realize that the benefits are all worth your effort and time.

Sickness and disease is all around us. Do you ever wonder why some develop chronic illness while others never get sick? Is it good genes? Is it luck? Special vitamins? One way to experience great health is by consistently following these healthy living tips.Hydrate Yourself with Alkaline Ionized Water Every function inside the body is regulated by and depends on water. While water is certainly not an absolute cure-all, we must recognize it as the primary ingredient to every preventive and healing process inside the body. Water must be available to carry vital elements, oxygen, hormones, and chemical messengers to all parts of the body. An increased intake of alkaline water will greatly enhance digestion, nutrient absorption, skin hydration, detoxification and virtually every aspect of better health! So many common ailments and illnesses can be prevented and greatly reduced by an increased intake of healthy water. Headaches, hypertension, back pain, arthritis, ulcers, asthma, morning sickness, fatigue and metabolism can all benefit (and in many cases be prevented) by regulating the body’s natural fluid levels.Eat Living Foods, Avoid Junk Foods Quality food plays a major factor in keeping our cells healthy and our immune system strong. Food not only provides energy to your body, but all the nutrients that are essential for a vibrant health. Unfortunately, our modern society has created an unhealthy demand for “on-the-go,” heavily processed foods. These are stripped of vital nutrients and are overloaded with refined sugars, refined grains, chemicals, additives, and preservatives. Additionally, many foods today contain excessive amounts of antibiotics, growth hormones, pesticides, artificial substitutes, and heavy metals. “Junk” food may taste good, but it will provide little energy nor give our cells what they need to work efficiently. Alkaline forming nutritious foods like organic fruits and vegetables, whole grains like brown rice, millet, buckwheat, and oats are a valuable source of the vitamins, minerals and fiber.

Exercise Proper Body Preventative Maintenance Our Creator God has given us all the power of health and healing within our own bodies. Illness and disease cannot invade the slightly alkaline body that has a healthy immune system. In order to experience vibrant health, we must deal with the root cause of sickness and disease, and not just treat the symptoms. Regular activities like getting moderate exercise, a healthy deep sleep, properly dealing with stress, personal hygiene care, and a spinal adjustment all help promote vibrant health. Ok, this tip is not new, but are you doing anything to practice these activities?

Healthy Relationship With Your Creator God Many who desire great physical health do not realize that if you want great physical health, you need to also have good spiritual health.  Our spiritual and physical health are linked together.  Sins like gluttony, adultery, or bitterness not only affect your spiritual life, but will hurt your physical health as well.  You can practice all the previous tips above, but if your relationship with God is not where it should be, then you will never be completely healthy.

To enjoy optimal health, knowing these healthy living tips is a start and will lead to consistent vitality. But, you must take responsibility for your own health and apply these tips before you start experiencing any symptoms. It may include many lifestyle changes, but I am sure you will agree, great health is always worth it!

It’s always great to make a sale, whatever its value, but if you can add to the worth of that sale by using various upselling techniques, your online revenue could rocket. Anybody looking to earn money online should consider upselling as a way to expand their business.

So what is upselling? Quite simply it is the concept of offering your customers something additional to, or more expensive than, the initial product they select to buy. The best known example is a well known fast food chain that never sells a burger without asking if the customer wants fries, or if they’d like to super size their meal.

Try different upselling strategies

There are a number of strategies to adopt when you are upselling. The first and most commonly used is bundling. This means that you group together a number of products, including the one that your customer initially chose, and sell them for less than the total cost of buying them individually. Once your customer has chosen a product, you can point out the bundled offer to them showing them that they get much better value if they buy the whole group, and not solely the first product.

The second method of upselling is waiting until your customer has selected a product and then suggesting a better and more expensive alternative. It should be a similar product, but perhaps with increased functionality or capacity. Ideally you will offer the more expensive product at a special rate, so the customer feels they are getting a good deal, but you will still be getting more revenue than if they had bought the original product.

The final upselling method is to suggest accessories and add-ons to the original product. You can sell these by saying that while the product is excellent on its own, it is absolutely fantastic when used with the added extras. You can probably get away with adding accessories up to about fifty per cent of the value of the original product before the customer starts to feel they are being ripped off.

Where to draw the line with upselling

So are there any downsides to upselling? The main drawback to upselling is knowing where to draw the line between getting a high value sale, and being too aggressive and alienating your customers.

Making the decision about when to suggest an upsell can be tricky. If you start upselling to your customers before they have paid for their initial product selection, do you risk losing that sale altogether? If you wait until they have handed over their cash, is it too late to suggest an upgrade, accessory or bundle?

If you’re not sure about your upselling strategy, and are worried about being too pushy or a walk over, you might want to consider a system that manages upselling for you. Forced money is a new online system that automatically offers appropriate upsells to your customers that have been tried and tested without you having to decide what to offer and when.

Obesity, deadly diseases like heart failure and cancer, reduced life span—all of these have brought about a growing awareness on the importance of health in the life of every individual. And with more and more people today seeking to enjoy a healthy living and achieve overall well-being, the modern society is seeing a preoccupation with health-promising products—from health pills to diet programs.Side by side all these developments in the area of health is the development of modern technologies designed to make life easier for many people. Almost all televisions, for instance, are already controlled by remote. And whereas you had to go to the market and cook your meals to enjoy good food in the past, all you have to do now is visit fast food chains and everything is already there—from soup to dessert. These are good, yes, but all these have also proven to have their share of health risks for many people, no wonder there are still a lot of individuals living an unhealthy life despite the clamor for good health.Good Health DefinedSo what should you do? Where should you position yourself amid all these? Well, when it comes to healthy living, there are some basic concepts you should remember. Here are three:1.    Good health is all about living a balanced life. It doesn’t revolve around losing weight alone. It’s not just all about getting your desired vital statistics or your desired body shape. Oftentimes, these are just but simple side effects when you strive toward living a healthy life. Good health involves a lot more. It’s all about your overall well-being: body, heart, mind, and spirit. The goal is to enjoy a longer life with no or less illness, and a full and a meaning one at that.2.    The primary components of good health are natural diet and exercise. When it comes to being healthy, the basic is still the best—fruits and vegetables, coupled with daily physical activities. Despite the growing popularity of artificial diet and the complexities of weight loss pills, nothing beats the original, all-natural way to getting your desired health. All you need is to eat more rawfoods and more green produce, plus a daily walk, and you’re on your way to a healthy life.3.    You can’t rush it. Achieving good health can’t be done like a miracle—it doesn’t come all at once. So, don’t push yourself too hard. Don’t be in a hurry. You have to work for it in a slow but steady process. Discipline and consistency are the key. Eat healthy meals. Curb your cravings for unhealthy foods. Exercise regularly. In time, you’ll get there and all your efforts won’t go to waste.Pursuing a healthy life may seem like a huge and a daunting task when you’re just starting. And, it can also get confusing with all the various distracting advertisements and propaganda about health. But, by looking back to the basic of good health, by following the simple concepts above, it won’t be difficult to enjoy healthy living.