It’s been said that to become a millionaire, you need at least seven streams of income. Now, you don’t create all at the same time. Focus on one at a time, and once that one is working, then work on the next one.
We all want to create sexy assets, but for us to succeed at building those assets, there is an underlying problem that we need to resolve. We have to work on our perspective on money and finances.
Here are 7 strategies that will help you grow your assets:
They are many financial goals that you could have, but these small financial goals will set you up for a great start in 2020
Unfortunately, most people break one of their New Year Resolution by January 15th. There are many reasons why this happens. People set unattainable expectations when they set those resolutions. Also, they don't make a plan on how they are going to achieve them. They don't have a deadline, making the goal too far in the future. And they are not specific on the resolutions.
This is why, I don't make resolutions, but set goals. I also, add or adjust the goals based on what I want to accomplish, and create a plan, and set a deadline on how and by when I am going to attain the goal.
One of the most important goals that you sure carefully set is financial goals. Why? Because this will affect the rest of the goals, and will highly affect your future.
Therefore, here are 5 financial goals that you...
How to avoid financial procrastination?
One of the ways to show that you have control of your life is by paying ALL of your bills on time. Also, when you fix your finances, you will fix your life. Putting your bills in automation, and knowing exactly when they are going to be paid, will reduce stress, avoid late fees, and penalties, save you money, and above all, enable you to have more options.
10 Ways to Avoid Financial Procrastination
Sign up for auto-pay. Most of your regular recurring bills – utilities, mortgage, car loan, etc. – provide you with the option of having the amount you owe automatically deducted from a designated bank account. Make it easy by making it automatic.
When you make it automatic, you avoid paying your bills last minute. You might think that you will have more control over your money if you manage when you pay your bills. But do not fall into that trap! You will have more power when you make it automatic.
So let me tell you that I have some news. I am writing my next book, and as I write, so many ideas come up that I just had to stop and write this blog.
I cannot stress enough on putting money aside for the future YOU. Unfortunately, and I have fallen into this pattern too in the past, we leave this for later or another day.
Today, I am going to give you a few ideas on what to do, so you can set money aside and set yourself for financial independence.
Let's get real...what matters is NOT how much you make, but how much you spend and on what.
When you take a look at your income and then take a look at your lifestyle, are you wishing for a different lifestyle?
If you are, then you have to watch what you are spending your money on, maybe spend a little less instead, and pay yourself first. The other option to get a different lifestyle is to make more money, and put that additional money on...you got it, paying yourself first.
Just fill out your information below and I will take care of the rest...