Australia Money Secrets Of The Rich Learn The 7 Steps To Financial Freedom JOHN R. BURLEY.
-
Upload
oscar-mason -
Category
Documents
-
view
221 -
download
0
Transcript of Australia Money Secrets Of The Rich Learn The 7 Steps To Financial Freedom JOHN R. BURLEY.
Australia Money Secrets Of The Rich
Learn The 7 Steps To Financial Freedom
JOHN R. BURLEY
IntroductionI have not always been financially successful. I once struggled from month to month trying to make ends meet.
Up until the age of 25 I had focused most of my energy and time learning how to make more money. I had the belief that if I could make more money everything would work out. I realized that things had to change. That I had to change.
That I had to stop living the way I had lived all of my life. In short, I decided to take on new financial responsibility for my own life.
I realised that just making more money was not the answer. I had to learn how to properly manage my money. And I had to learn how to create assets that would create wealth.
My plan was to develop a system that would allow me to maintain my lifestyle while freeing me from money worries and traps.
For the next 10 solid years I made it my mission to locate and study all the information I could find on the subject of money
Making it
Keeping it
Spending it
Investing it
I read, listened, studied and attended seminar after seminar.
I talked to as many rich people as I could.
I developed, experimented and took action.
Ask Yourself
Ask yourself these four essential questions:
What are my dreams?
What are my goals?
What are my values?
What strategies should I use ?
Serious Thought
Why ?Why you really want it ?
When ?When you know what you truly want ?
How ?How you are going to get it ?
Serious Thought
The important here is to COMMIT to the DECISION to start, though you may not be entirely sure of the HOW.
Serious Thought
‘Success is not to be pursued; it is to be attracted by the person you become.’
JIM ROHN
Question To Consider
What do I really want to accomplish with my life ?
What is my purpose?
Where do I want to live ?
What have I always dreamed of doing ?
What “toys” would I like to have for myself and my family ?
How much income each month do I need to meet my current needs ? My future needs ? My retirement needs ?
Step 1 Committing To Your
Financial Goal
‘A journal of a thousand miles must begin with a single steps’
ANCIENT CHINESE PROVERB
Step 2Paying Yourself First
‘… of you would have a faithful servant, and one that you like, serve yourself.’
BENJAMIN FRANKLIN
Step 3Reinvesting Your
Investment Returns
‘Money is a guarantee that we may have what we want in he future. Though we need nothing at the moment it ensures the
possibility of satisfying a new desire when it arises.’
ARISTOTLE
Step 4Receiving Level Four
Automatic Investor Rates Of Return
‘The world is not transformed from one day to the next, and the average investor makes less
money with his brain than what in chess is called his Sitzfleisch, or patient rear end.’
JOHN TRAIN
Step 5Knowing What Your
Money is Doing
‘If you don’t experience dark clouds, rain and storm there is no way of measuring sunshine.’
SIR JAMES HARDY
Step 6The Automatic Money
System
‘Budget: a mathematical confirmation of your suspicions.’
A.A LATIMER
Step 7Financial Competence
(Intelligence and Responsibility)
‘Get to know two things about a man – how he earns his money and how he spends it – and you have the clue to this character, for you have a searchlight that shoes up the
innermost recesses of his soul.’
ROBERT JAMES MCCRACKEN
Summary
‘In short, the way to wealth, if you desire it, is as plain as the way to market. It depends
chiefly on two words, industry and frugality, that is, waste neither time nor money, but
make the best use of both.’