When Will You Enjoy Financial Freedom?
I’ve got to back track a bit and give you an exercise from Jamie McIntyre from the 21st Century Academy to go along with the 5 levels of financial freedom.
I know I gave you the 5 levels of Financial Freedom. Those you are to use to rate yourself to give you an idea of what is most important to you in setting your financial goals. But before you do that, take just a minute and do this:
Be Financially Secure, Free, Or Successful
This is a pretty easy exercise I learned from my friend and mentor Jamie McIntyre. Don’t stress over it, just do it, and don’t worry about whether you are right or wrong.
• First, guess how much money it would take you to achieve financial independence (financially free, you might say). As in, how much money, in one lump sum, would you have to have to say you are financially free. To use Jamie McIntyre’s example, if you won the lottery, how much would you have to win to not have to work ever again (I mean work a day job, not work at investing).
• Now, guess how long it will take for you to achieve financial freedom. Just a guess, maybe at the rate you see yourself going. This will probably change anyway once you’ve learned how to invest successfully – that is, if you learn the ways to successful investment from Jamie McIntyre and 21st Century Academy. (Change in a good way! The 21st Century Academy materials will show you how to make this possible!)
Now, what was the purpose of this exercise? So far, all we’ve got is two guesses, and most people are not very accurate in their guessing.
The purpose is primarily just to get you thinking and taking a real stock of the work you have to do.
Look at these numbers. Pretty scary, aren’t they? Overwhelming, I’m sure. Probably have you thinking this isn’t even possible, and that you’re relegated to a working class life, destined to die before you retire.
Be Financially Motivated
It’s fine that you have that feeling for now, but the real point of this exercise is to get you thinking and financially motivated, not to get you down. The only point is to show you that you need to do something different, or your life will never change. It’s to get you in a positive mindset so that you can steel yourself to succeed. It’s to get you the help to help yourself. That’s help I can get you. This is where we become partners in your financial success. This is where I tell you to let Jamie McIntyre and 21st Century find you a way out of this mess!
Here’s a Christmas card and a special gift from me: Sean’s Present To You
Merry Christmas and a Happy New year to all of you!
Sean Rasmussen
21st Century Academy Blog
Universal Wealth Creation © 2004 - 2007
