I wonder if any of you reading this article have ever attended a wealth creation seminar? I am sure some of you will have been to the various property development seminars that have been prolific over the last few years. You may have been to a financial freedom seminar where the presenter promises to teach you all of the ways you can become rich. Then there are the share trading seminars, options trading and the list goes on and on.

Whilst these events can be very good at educating you, the reality is that 90% of people who attend, still end up in the same financial situation that they were in before they went to the seminar. So the question to ask yourself is: why does this happen? Why is it that people with lots of information or knowledge still don't get rich? No matter how many seminars you go to or how much you learn about investing, the knowledge itself is not necessarily going to make you rich.

What wealth creation seminars don't tell you is that unless you work on two things, you will end up in the same place that you started. These two things are the most critical things that you can do in order to achieve financial freedom. And they are usually the things that are missed in wealth creation seminars.

The first thing that you need to do is work on your attitude towards having a lot of money. Invariably, people who accumulate a lot of money in their lives are very comfortable with the concept of money and are very comfortable with having a lot of money. If you think that $10,000 is a lot of money, then you need to expand your thinking. Many people in our society live with small amounts of money simply because that's all they're used to. Unless you get used to having lots of money, you won't have lots of money. That may seem an odd thing to say but the fact remains that if you think small, you will have small amounts of money, whereas if you start to think big, you will start to get comfortable with large amounts and will start to create more.

Let's look at an example of this. For most people, buying a car is a large commitment. Think about the car that you own right now and how much it cost to buy that make and model brand new. It might be $15,000, it might be $20,000, it might be $30,000 or $40,000 or $50,000. But start to think about spending more money on a car and see how that feels for you. How do you feel if you think about spending $80,000 on a car? How do you feel about spending $100,000 on a car, or $150,000 on a car, or even $300,000 on a car?

Now I am not saying that you should do this, but what I am suggesting is that you actually get in touch with your emotions when you think about large sums of money, and large expenses, and expensive items. Because the bottom line is you will never be able to produce or acquire large sums of money unless you are comfortable with the concept of having lots of money. So unless you can genuinely say "it feels great to imagine buying a car for $100,000 or $200,000" this is the objective of what you need to be doing. You need to look at: "how do I get comfortable with thinking about large sums of money"?

Another example is to watch the TV show "Deal or No Deal". You can see how comfortable people are with money or where what I call their money threshold is when you watch this show. A lot of people start to get quite shaky or emotional when the offer on the table is around $15,000 - $20,000. In fact a lot of contestants at that stage say "wow, that's a lot of money". I'll be frank with you: $20,000 is not a lot of money. It is very little if you look at what it can do for you. So if you have a concept that $20,000 is a lot of money and you start getting quite fearful when you talk about that level of money, then once again you need to expand your thinking around money in order to have a lot more than $20,000.

The second thing that you need to do in order to be wealthy is to get your day-to-day money management in order. So many people go to wealth creation seminars and really don't have the first idea about how to manage their income, how to save on a regular basis, how to discipline themselves to accumulate even the first $1,000 that they need in order to start investing in shares or on the stock market, how to curve their credit card spending, how to get out of credit card debt, how to feel as though they are in charge of their money rather than their money being in charge of them.

The interesting thing about becoming an investor is that it is not about how much money you have. It is not about how much money you earn. Its actually about how you manage the money that you earn that is most important. And this is the second key that seems to be missing in wealth creation seminars. Most of them assume that you are already able to become investor, but unless you have these two keys in place, that is: being comfortable with large amounts of money, and having your day-to-day money management in place, then all the information in the world on investing will not help you.

For a Free wealth creation introduction please see resource box