Investing -A Key To Wealth

Investing is a function of time and money. If you start early, you have a lot of time and you will not need as much money. If you start late, you have little time and you will need much more money to begin your investing.Become an investor first, start your career second. If you become an investor first, you can be anything you want to be and still be financially free. Be an investor first and you can choose to do what you want to do because you love doing it, rather than because of how muchnit pays.

The Average People Prioritiesn • EMPLOYMENT, SECURITYn • BUY THINGS THAT ARE NOT ASSETSn • SAVINGSn • INVESTING (IF THERE IS ANYTHING LEFT OVER)

The “Enlightened” People Prioritiesn • EMPLOYMENT (Create income to build your part time business and investments.)
• OWN A PART TIME BUSINESSn • INVESTMENTS / SAVINGS / CHARITABLE GIVINGn • BUYING THINGS THAT ARE NOT ASSETS

Enlightened people aren’t necessarily smarter, they just have different priorities. Understand that WEALTH is not a matter of getting more money; it is a matter of gaining more money control, therefore, gaining more control over your lifestyle. We form our attitudes about money at a very early age based on family or personal experiences. NOW is the time to reprogram your “money mind.” There is a ripple effect from your financial decisions which have multiple consequences in life. In school, there may be only one “right” answer. But in real life, there are multiple answers radiating from each decision we make.

Salary income is “you working for money.” Income generated by your assets in the form of passive income is “your money working for you.” Your goal is to convert your paychecks into assets that generate cash flow. If a person has income from assets instead of a job, they feel more secure about life. The reason most people suffer financially is not because they do not earn enough money. They suffer because they spend their money foolishly. Accountants call this “turning cash into trash.” There is one fundamental difference between the wealthy and everyone else. The wealthy buy assets first and luxuries second. The average person buys luxuries first and never has money to buy assets. The real trick is to quit trying to look wealthy and BE wealthy.