Understand that you-not your creditors, your boss, or your clients-are in charge of your finances.
Acknowledging that you-and only you-are in charge of how much money comes in and where and how it goes out. puts you in a position of power and control.

Know what you make, what your monthly expenses are, and how much money you spend each month and what you spend it on. Keep track of every penny you earn and spend each day for at least one month. There's a good chance this will be an eye- opening exercise that, at a minimum, will allow you to see exactly where your money is going and if there are areas that you need to adjust or eliminate immediately.

Make a part of what you earn (ten percent or more) yours to keep.Pay yourself before anyone else gets paid by having a portion of your income go directly into a special interest-earning account. This should be an account that you do not touch until you have
accumulated enough capital to make a wise investment. Seeing your money grow will inspire and motivate you to keep going, as well as give you peace of mind that you have an "instant estate" should anything happen.

If you have debts (not including your mortgage, which is an (investment) that are eating up most of your paycheck, create an orderly debt repayment program. Put twenty percent of your income in an account that is allocated to pay your debts each month. Then, make a list of your creditors and determine what portion of the twenty percent each of them will receive. Then, send that amount to them regularly until the debts are paid off. Send a letter to each creditor letting them know how much you owe, that you will pay it off plus interest and you are in the process of making yourself more financially stable. Explain that you've created a debt clearance account and you will pay them the specific amount you have established each month until you've paid them every cent owed. You will likely find that 95 percent of the people will cooperate with you, and this will take a great deal of stress off you. To learn more about what to say in your letter, download a copy of "You Were Born Rich" here

Now, you have 70 percent of your income to live on-to run the house and for entertainment. From this point on, never think "debt" again-what you owe others has been taken care of. So, keep your mind clear to focus on earning the annual income, which you will calculate in the next step.

Now that you know where you are, get very clear on where you want to be financially. Fantasize about how much money you want-and for what Don't just say you want more money to live better. Ask yourself how much better?
Get out a sheet of paper and draw up a list of all the "things" or "activities" that you want/plan to spend money on. For example, how much do you want to spend on food, your mortgage(s), clothes, car, education, vacation, recreation, insurance, savings, utilities--and anything else that is important to you? Just let your imagination go and visualize how you really want to live. 
Then, fill in the amount of money it will cost you to do so. As you do that, you shift your mind from what's currently in the bank to what you'd love to have in the bank.

If you have a job, you only get paid while you're working. However, creating passive revenue streams allows you to make money around the clock, leveraging your time to its fullest advantage.
With your mind clear of worries about debt and not having money should anything happen, spend some time thinking of ways to build sources of revenue that generate passive income continually. This may include becoming an investor, generating royalty income from creative work, or building a website.
Once you have one, or several passive income streams, you can invest the bulk of your time in increasing your income by refining the existing income sources or creating new ones-Instead of merely maintaining your Income.