If you're young, or even if you're in your 40s or 50s, you still have a minimum of 30-40 years ahead of you. Dare to be different and take a risk.
When you take a risk in something you have a passion for, you may be shocked at how well the results turn out.
It may turn out to be the best decision you ever made.
To Be Wealthy & Have Peace of Mind, Focus On Income, Not Expenses
I have lived my life with a simple philosophy. My goal each year is to earn more income than I can prudently spend.
I believe that God wants his sons and daughters to get what they desire and live joyfully.
I do not restrict my spending - it's the American Way. If I were to focus on restricting my spending, I would be focusing on lack. I choose instead to focus on generating income and focus on good things that bring me joy instead.
Does success come instantly? No, absolutely not. Patience, hard work and good research are essential and when success finds you, others will say you got lucky.
The Myth of the Latte Factor
I am tired of hearing financial advisors talk about the amount of money people spend on coffee at Starbucks.
Buying a starbucks coffee is an experience, it's a little reward we give ourselves that gives us a little boost as we start the day. A person that has not had his morning coffee will be irritable all day and probably lack creativity and probably energy and enthusiasm. The negative sentiment generated by passing on that morning coffee will translate into arguments, a bad mood and thousands of dollars in lost opportunities because that person was not in the right frame of mind.
By focusing on lack, you start the day with low energy, and possibly create scenarios that attract more lack to yourself.
As I said before, think big, dare to dream, dare to believe that you can be successful at achieving your goals. Do you really have any other choice?
Most importantly, don't let these advisors take away your pleasures! Dare to be different and do it your way.
All good things await us outside our comfort zone.
You Can Be Wealthy But Still Not Be Financially Free
You can be wealthy but still not be financially free. You are financially free the day you can say I'm taking the rest of the month off or the rest of the year off and not have to worry about paying your bills.
If you work 80 hours a week for a corporation and get 2 weeks off a year, you're not financially free.
If you have an income property portfolio generating $5000 a month that covers your expenses, YOU ARE.
The key to financial freedom is to have an investment portfolio that appreciates at a rate of return enough to cover your base expenses.
The highest returns are made by real estate investors. Check out our article on why this is the case.
Call Us to discuss these opportunities in more detail or email us at sales@REINalliance.com
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