When you look at yourself. Are you a consumer or a producer? Do you take away from life or add to life? You need to make the decision early on and stick to it, it’s the only way you’re going to get to financial freedom.
I listened to the THREE MONTH VACATION podcast this morning, and Sean D’Souza made the following comment:
While you are listening to a podcast, you are normally traveling or exercising – doing something else other than sitting with a pen in your hand to take notes.
So, the key is that you must take away ONE idea from every podcast you listen to. So I will try and inspire you with
ONE important point to remember in each episode.
The FIRST thing you must do, is go and subscribe to the podcast.
So that you can make sure you receive and listen to every episode. Otherwise you might just miss a very important point, that you will NEED on your Journey to Financial Freedom.
So what is the ONE thing that you must remember today?
FORGET SAVING, START CREATING
Forget the age old advice: SAVE SAVE SAVE. Replace it with CREATE CREATE CREATE.
There are three good Reasons why you must become Financially Free a.s.a.p.:
1. You are going to live longer. This is a fact. With the improvements in medical care over the years, you are living longer than ever. That means you are going to need an INCOME for a longer period AFTER you have stopped working.
2. Your children are going to be dependent on you for longer. Another fact. Unemployment, especially amongst the inexperienced youth, is constantly on the rise.
3. Your Parents are going to be dependent on you. Another fact. Not only are they living longer also, but they didn’t KNOW it was going to happen, so they only prepared financially for 20 years. It’s a result of the Industrial System, which is still being applied today!
Now you can get there SAVING, or you can get there, much quicker, CREATING.
Let’s relate this back to your Financial Freedom Map:
If you save, you first have to sell your time (money into the cloud), then you have to LIMIT the Rain (spending your hard earn cash), and then pass the balance to your Moon. SAVE.
Then you have to build that pile of cash in your Moon so that eventually you can earn an Income big enough from that Pile of Cash, so that you can stop Selling your Labour.
I am not a Financial Advisor, Attorney, Accountant or any other Professional, and never WANT to be. I’d rather be FREE. I share MY experience and knowledge. I don’t give advice.
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