Inspired by Wallace D. Wattles’ classic book, “The Science of Getting Rich”, mastering financial control is not just about earning more money but about thinking and acting in a certain way to attract wealth, manage resources wisely, and create lasting financial success.
Wattles’ principles emphasize that wealth is created through the right mindset, clear vision, and effective action. By applying these timeless strategies, you can take control of your finances and position yourself for financial abundance and freedom.
1. The Power of Thought: Shaping Your Financial Reality
In The Science of Getting Rich, Wattles states:
“A person must think in a certain way to become rich.”
✔ Your mindset determines your financial future. If you see money as scarce, you will struggle. If you believe in abundance, you will attract wealth.
✔ Develop a wealth-conscious mindset by focusing on opportunities instead of obstacles.
✔ Affirm your financial goals daily—train your mind to expect success and financial control.
💡 Practical Strategy: Write down your financial goals with a deadline and read them daily. Visualize your wealth-building journey as if it’s already happening.
2. Acting in a Certain Way: The Key to Wealth Creation
Wattles emphasizes action as a fundamental principle of wealth-building:
“By thought, the thing you want is brought to you; by action, you receive it.”
✔ Take decisive action towards financial control—whether it’s starting a business, investing, or budgeting better.
✔ Maximize your current opportunities—be the best at what you do and provide value to others.
✔ Act on your ideas immediately—delayed action leads to lost opportunities.
💡 Practical Strategy: Create a daily financial action plan—whether it’s tracking expenses, investing, or learning new skills, make sure you progress toward wealth daily.
3. The Law of Increase: Expanding Your Financial Capacity
Wattles teaches that gratitude and a focus on expansion naturally attract wealth:
“The grateful mind is constantly fixed upon the best; therefore, it tends to become the best.”
✔ Appreciate and maximize what you already have. Gratitude opens doors to new financial opportunities.
✔ Constantly seek personal and financial growth. Increase your earning potential by investing in skills, knowledge, and strategic opportunities.
✔ Multiply your income sources. Wealthy people don’t rely on a single paycheck—they create multiple streams of income.
💡 Practical Strategy: List 3 things you are grateful for financially each day. Also, identify one way to increase your income weekly, whether through investments, business ideas, or new skills.
4. Giving More Value Than You Receive: The Secret to Financial Expansion
Wattles states:
“Give every person more in use value than you take from them in cash value.”
✔ Wealth follows those who create massive value. Entrepreneurs and business leaders become rich by serving others.
✔ Solve big problems, and you will earn big rewards.
✔ Shift your focus from money to impact. The more you help others succeed, the more financial success you will attract.
💡 Practical Strategy: If you are in business, find ways to provide exceptional value—customers will keep coming back. If you are employed, go beyond expectations, and opportunities for promotions and raises will follow.
5. Acting with Faith and Persistence: The Formula for Financial Mastery
Wattles reminds us that success is not instant—it requires faith, persistence, and unwavering belief in success.
“Act in faith and purpose, and you will succeed regardless of external circumstances.”
✔ Eliminate fear-based financial decisions. Fear keeps you from taking calculated risks and investments.
✔ Stay committed to your financial plan. Consistency builds financial discipline and momentum.
✔ Surround yourself with success-driven people. Your financial success is influenced by who you learn from and associate with.
💡 Practical Strategy: When faced with financial uncertainty, trust the process and keep moving forward. Wealth-building is a long-term game—stay the course!
Final Thoughts: Becoming the Master of Your Financial Destiny
Wallace D. Wattles’ teachings remind us that financial control is a mindset, a strategy, and an intentional way of living.
🚀 Key Takeaways:
✔ Think wealth to attract wealth—your mindset is your financial foundation.
✔ Take action on financial opportunities daily—delayed action = delayed success.
✔ Expand your income sources and skills—don’t rely on one income stream.
✔ Give more value than you receive—wealth flows to those who solve problems.
✔ Stay persistent and act with faith—financial success is a long-term commitment.
Are you ready to take control of your financial destiny? Apply these principles today, and you’ll be on the path to lasting wealth and financial freedom! 🚀
