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You can create wealth, no matter what you do for your career by following some simple guidelines.
But you cannot succeed if you do not even start.
So, in this podcast, Robert Farrington of TheCollegeInvestor.com and I talk about how to start, and how to do it the right way.
Every successful and financially free person has, at some point in time, made the decision to start. They put in some work up front, and have reaped the rewards for the rest of their lives. And that is what Robert and I are here for – to help you get started so that you can build and live your dream lives.
In This Podcast, You’ll Learn:
- Why working for someone else at first isn’t a bad option.
- The different areas of wealth.
- The 3 elements of creating financial success.
- What the most common investing mistake is.
- How to succeed in the stock market.
- How to overcome student loan debt.
- Why you need to take control of your own future.
- And much, much more!
- The Millionaire Teacher – no matter who you are and what your career is, you can become a millionaire and be financially free.
Best Financial Advice Ever Received:
- “How much money do you want to have?” This question got Robert thinking, and made him realize that he has to create his own financial future. It is in his control, and there isn’t one answer. If you want it, you just have to go out and take it! Take control.
Action In Next 7 Days:
- 1) Look at your budget, 2) find ways to cut it, and 3) find ways to earn more money… there are countless ways! Whether you start a side hustle, or make more in your current line of work, take action and start earning more. It makes the other aspects of wealth so much easier.
You are responsible for your future. You can make excuses, but the only one that you can blame for your financial success or failure is yourself. As Robert says early in the episode, “Be the champion of yourself, in whatever you do.”
Make the decision to create financial freedom, and take massive action. When you do this, you will obtain wealth.
As I mentioned, the 3 elements to take care of are:
1) Mindset – this is the foundation, and is what we talk about a ton on YoPro Wealth. You have to get rid of the middle class mindset, and think like a millionaire.
2) Expenses – everyone can reduce their expenses some. Use that “extra” money to invest in yourself and in your future, through training or through an investment vehicle.
3) Income – most people lack a vehicle for making more wealth, but there are endless options. You can invest, you can start your own side business, you can create a website, you can create your own network marketing business, and the list goes on. Find the vehicle that connects well with you and your situation, and go with it!
- Learn how to invest! This is a great vehicle for anybody that wants to build wealth for the long term.
- Start now, and make it a habit. If your company offers a retirement match, max it out. If they don’t, still invest in your 401k or in an IRA and continually add to it. For more information, check out Investing 101.
- Find the vehicle that is right for you to create massive wealth! I would love to have a conversation with you about what is best for your situation. Contact me on Facebook, or email me at [email protected].