Hop in the Car!
- Becoming Rich
- Oct 14, 2022
- 2 min read
So I said you can be rich regardless of your income and I will prove that over the next few posts.
I’ve been on a few journeys in life and I never really planned them but I usually ended up where I needed to be. It always felt like things fell on my lap and I relied on my gut for direction. My gut would then send a message to my brain that then told my feet to jump in or stay right where I was. This might seem odd given my career as a Financial Advisor, but I never had a long-term plan for my life; I am very much a “when opportunity knocks, make sure you open the door” person. I had a simple one-time financial plan that I stuck to and just trusted in it!
All of my experiences started the same way including my financial plan; don’t overthink it – JUST START! The hardest part of getting anything done is just starting! Once you take that step, you can make things a lot easier on yourself. And even more so with your plan to become rich.
So my plan started with just $50/month almost 40 years ago. It scared me to the point that I thought I had to close my eyes when I signed that first piece of paper that authorized $50 out of my bank account and into an investment every month. What if I couldn’t make my mortgage payment, feed my kids, pay my bills, put gas in my car, or worse still have to give up my hobbies and addictions (smoking cigarettes! - That’s a future post, and believe me, you won’t want to miss it. It’s a real eye-opener).
Month 1, then 2, then 3; and no one died! At that time, I gave little thought to what I was investing in and where it would take me. I just felt a huge relief that I had started and experienced no pain and proved that you could have GAIN WITH NO PAIN!!
So right now, TODAY, I want and encourage you to just START. Just do it – believe me, it will feel good! Did you know you could start for as little as $25/month? Set something up – it doesn’t have to be a large amount. Honestly, It should just be fairly small so you can see how painless it really is. It’s very easy to increase that amount over time by just taking small steps. Start with $25 and when you realize that you barely noticed it coming out of your account, increase it to $30, $40, or $50 – baby steps!! The whole idea is just to get you used to taking a bit of money each month and paying it forward (to the future wiser you). I will get into the nitty gritty of understanding investments in future posts. For now, just
START.
Next post – the profound realization that MY MONEY HAS TO WORK JUST AS HARD, IF NOT HARDER, THAN I DO!
Coming Next on Oct.21: Working Smarter, Not Harder
It’s worth saying OVER AND OVER AGAIN – your money should be working just as hard, if not harder than you are......
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