| Becoming Financially Independent |
An Investment Management Company
Tutorial - Learn the SECRET FORMULA
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Is your Big Number --- well, just too big to wrap your brain around?
Remain calm. There is a Secret Formula that will get you there. This formula consists
of three parts. The formula is remarkably simple. But I'm assuming it must be a secret
because so very few people use the formula and achieve financial independence. But
it does exist and it does work because a) there are people on this very planet who have
used it and have become financially independent at a remarkably young age, and b)
you can do the math -- work the formula with your calculator -- and the numbers add
up. You can actually see the math and know that it will work. So have some faith!
What's really neat about this formula is that it actually has some magic to it. I'm not
kidding. There are some parts to this formula that almost defy logic -- but as I said
before, you can do the math and it works. I have to admit, there are some sacrifices
required to make this formula work. But once you've determined the sacrifices you are
willing to make we can put your formula on "auto-pilot" and the magic of the formula will
take care of the rest.
OK, are you ready? Got faith? Here's the Secret Formula for accumulating enough
money (your Big Number) to achieve Financial Independence (and start doing what
you really want to do). The formula is:
Regular Savings + Keeping it Safe + Wise Investments = Your BIG NUMBER.
Yep, that's the secret formula. (I made it really small because it's a secret.) Hard to
read? OK, but remember, this is a Secret formula, so don't tell anybody!
Regular Savings + Keeping it Safe + Wise Investments = Your BIG NUMBER.
Now let me help you understand the formula. We'll start with the hard part (Regular
Savings) and we'll end with the part that contains some magic (Wise Investments).
Regular Savings. Yep. In order to reach your Big Number you're going to have to
save money each month. This seems to be a foreign concept to most Americans. Our
average savings rate is practically nil. In fact, most people who reside in the U.S. of A.
are headed the other way -- spending more each year than they earn. Why is this?
Because we're screwed up! So what will happen to you if you reach the age of 65 and
you're in debt or haven't saved enough to retire? Who's going to care for you when
you get sick? Let's not go there. Instead, let's plan for and live our dream. If we are
willing to sacrifice, we can very likely retire well before we reach the age of 65. So let's
stay focused!
Here are some concepts that you must employ in order to achieve Regular Savings,
so you can reach your Big Number, and be Financially Independent:
Books have been written about each of these 5 keys to saving. In fact I have a
suggested reading list elsewhere on this web-site. These authors can really make a
change for the good in your life. Invest the time and effort to learn to manage your
finances and get that 10% going. I'm glad to act as a confidential sounding board to
help you here. I will not charge you for this advice. Getting out of debt and managing
our spending cravings is a challenge we all must conquer to become financially
independent.
Ready for the second part of the Secret Formula? What is meant by
"Keeping It Safe"? To learn more - Click Here.
Remain calm. There is a Secret Formula that will get you there. This formula consists
of three parts. The formula is remarkably simple. But I'm assuming it must be a secret
because so very few people use the formula and achieve financial independence. But
it does exist and it does work because a) there are people on this very planet who have
used it and have become financially independent at a remarkably young age, and b)
you can do the math -- work the formula with your calculator -- and the numbers add
up. You can actually see the math and know that it will work. So have some faith!
What's really neat about this formula is that it actually has some magic to it. I'm not
kidding. There are some parts to this formula that almost defy logic -- but as I said
before, you can do the math and it works. I have to admit, there are some sacrifices
required to make this formula work. But once you've determined the sacrifices you are
willing to make we can put your formula on "auto-pilot" and the magic of the formula will
take care of the rest.
OK, are you ready? Got faith? Here's the Secret Formula for accumulating enough
money (your Big Number) to achieve Financial Independence (and start doing what
you really want to do). The formula is:
Regular Savings + Keeping it Safe + Wise Investments = Your BIG NUMBER.
Yep, that's the secret formula. (I made it really small because it's a secret.) Hard to
read? OK, but remember, this is a Secret formula, so don't tell anybody!
Regular Savings + Keeping it Safe + Wise Investments = Your BIG NUMBER.
Now let me help you understand the formula. We'll start with the hard part (Regular
Savings) and we'll end with the part that contains some magic (Wise Investments).
Regular Savings. Yep. In order to reach your Big Number you're going to have to
save money each month. This seems to be a foreign concept to most Americans. Our
average savings rate is practically nil. In fact, most people who reside in the U.S. of A.
are headed the other way -- spending more each year than they earn. Why is this?
Because we're screwed up! So what will happen to you if you reach the age of 65 and
you're in debt or haven't saved enough to retire? Who's going to care for you when
you get sick? Let's not go there. Instead, let's plan for and live our dream. If we are
willing to sacrifice, we can very likely retire well before we reach the age of 65. So let's
stay focused!
Here are some concepts that you must employ in order to achieve Regular Savings,
so you can reach your Big Number, and be Financially Independent:
- Forget the lottery. Forget inheritance. These always disappoint. You've got to
rely upon your own efforts. Do not waste your money on the lottery. - Pay yourself first. This is best done as an automatic payment of 10% of your
gross income to a savings and/or investment account. Make it an automatic
payment so you are not tempted to use it for today's wants. - Prioritize Needs vs. Wants. Paying yourself first isn't going to succeed until you
get a handle on spending. I can share some tools with you that you can use --
together with your companion (and even your children when appropriate) to a
make the tough choices. - Get out of Debt. Yes, completely and totally out of debt. Yes, completely and
totally out of debt. Even the mortgage. You need to be free of debt when you
retire, so start working on it today. I can show you an amazingly fast way to get
completely out of debt -- there's some magic to it. - Replace wasted money with fun adventures. We waste money when we buy
things that give us a false sense of security or provide temporary pleasure at the
expense of value-oriented goals. Coffee at $4.50 a day is a good example.
Cigarettes, drinks at the bar, daily junk food, lottery tickets (OK, have I effectively
stepped on everybody's toes?) all give temporary pleasure or a false sense of
security, but separate us further from meaningful activities and a healthy
lifestyle. Resolve to eliminate the daily $4.50 caffeine hit and save that money
for sailing lessons so you are prepared to sail in the Bahamas and enjoy the
sunset on a deserted island beach with your companion.
Books have been written about each of these 5 keys to saving. In fact I have a
suggested reading list elsewhere on this web-site. These authors can really make a
change for the good in your life. Invest the time and effort to learn to manage your
finances and get that 10% going. I'm glad to act as a confidential sounding board to
help you here. I will not charge you for this advice. Getting out of debt and managing
our spending cravings is a challenge we all must conquer to become financially
independent.
Ready for the second part of the Secret Formula? What is meant by
"Keeping It Safe"? To learn more - Click Here.
| Investing Wisely |
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| The advice contained within this website is general in nature, only for the use of FI Investments clients, and should not be relied upon without first consulting with FI Investments. |