Wednesday, February 26, 2014

Financial Freedom



You want to have enough money to have the freedom to do whatever you want in life.


Dan Kennedy's chief marketing trainer Dave Dee asked an audience recently what they wanted with the freedom they desired, and here is what they said:
  • Work for yourself and avoid having to work for anyone else
  • Give back.
  • Work less and “play” more
  • Spend more time with your family.
  • Help other people live better.
  • Travel more.
But although many people may desire these things, they do not always achieve them. Having a wish list does not mean that these desired outcomes will be achieved.

The difference between those who do and those who don't achieve the success that comes with financial freedom has to do with linking your goals to your desired outcomes.

For example, work for yourself. In what industry? working how many hours per week? with how many employees? providing what unique service? what financial goal do you need to hit to leave your current job? how much money do you need in savings?

When I came back from my last wage-earning job in Tampa, Florida, I figured it was a good time to start my own business. That is when I got started in real estate investing.

 Spend more time with your family. How often? with whom? what kinds of things will you do together?

My son is particularly difficult to schedule, so I try to plan an evening outing or a dinner once every couple of weeks with him.

Travel more. How often? Where? What kind of budget? Adventure travel in a tent? or 5-star luxury?

I started a side business in the travel industry to feed my personal love of travel. I get deep discounts on travel, and can help other people live better by earning income for starting their own travel business.

So by linking specific goals to desired outcomes, you are more likely to achieve the success and financial freedom that you crave.

Happy Investing!


No comments: