It’s time to get real and talk about something taboo – MONEY.
I had a big dream of living a wealthy life, yet before I turned 30, I found myself being a single mum and broke whilst climbing the career ladder. It certainly didn’t look like the picture I dreamt of!
The pain of having to struggle from pay cheque to pay cheque put me on the path of self-discovery about my own mindset that may be limiting me as well as a massive learning curve to empower myself with the financial know how.
Creating financial freedom is not an overnight change, however it is doable! Within 6 years from my 30th birthday I have created a net worth of close to $1M, which allowed me to step away from working for others and follow my dream.
All it required was a shift in mindset, a simple plan, resourcefulness, and a burning desire.
I believe that money is a great tool. When you make more money you can help more people, you have a chance to contribute more to this world, whether you do it through giving up your time, or donating money.
One of our highest needs as humans is to contribute, therefore it is my obligation to create more wealth so I can do more good in the world.
The way to wealth, is so simplistic, yet difficult to implement in our instant gratification culture.
So, how did I do it?!
Firstly I challenged my subconscious money programming so that I could be open to receive abundance and prosperity.
With my programming re-wired I implemented the tools and strategies I already knew about but couldn’t stick to, like living below my means, paying myself first, track my money and create a clear and definite purpose for my money.
Most importantly, I got money to work for me!
This philosophy stuck with me after reading the book Rich Dad Poor Dad, by Robert Kiyosaki, but I didn’t really get it till my mindset was right. When I finally aligned my purpose with my actions, I realized that I would never work for someone else for the rest of my entire life.
That if I DID, it would be my CHOICE and not out of necessity. This was a very DEEP Belief of mine that I had faith in, created a plan around, and executed.
I got clear and took action:
- I figured out how much money I needed for my lifestyle
- I set out a plan to create an asset base
- I moved myself and my kids in with my parents
- I didn’t replace my car after a few years, just to upgrade, in fact I still drive it today (and it’s 14 years old!)
- I kept climbing the career ladder while I was working for others to increase my salary
- I focused on building wealth, not looking wealthy
- I executed the financial freedom plan in spite of fear!
- I decided to use Real Estate as my Passive Income / Wealth Building vehicle & took risks when people told me I was crazy (love short term JVs!)
- I took charge of my retirement plan
- I made more smart investments
There are plenty other ways to create your wealth, but I do believe there are two things that stop people from achieving it:
One is that they feel like they must look the part, so they rush out to buy the branded clothes, latest gadgets, toys and big houses. Giving into instant gratification rather than long-term thinking.
The other is harder to detect, because it comes from their subconscious wiring. They are not worried about the looks, may even set savings goals, yet no matter what they set out to do, they end up sabotaging their efforts, due to their subconscious wiring.
Either way, there’s anxiety when it comes to dealing with money.
I fell into the latter group until I realized what was going on and I made a decision, that I would never put myself in that situation again!
What got me starting Unlimited Results is that I found that most people avoid their finances and buy because of feelings rather than necessities, while digging themselves further and further into debt.
Don’t get me wrong, I like nice things in my life! (Funnily enough when I was constantly broke I never spent any money on nice stuff!) But whatever you are doing right now to keep yourself in the famine state is to do with FEELINGS.
Until you can master them, you will not be able to master money.
So let me know, what are you doing to achieve financial freedom? What’s been challenging? What’s your biggest learning?
I’d love to hear from you!