There’s no doubt that the economy is shifting. With a worldwide pandemic and many industries in the US shutdown, it’s an opportune time to get back to basics. On today’s show, I implore you to undergo a financial reset.
On this episode of Investing in Real Estate, you’re going to learn about using this time to focus on what matters. I’ll share how you can align your finances with your priorities and how to shift your investing strategy. If you want to learn why now is the time to reset your finances, this episode is for you!
On this episode you’ll learn:
- How to streamline your finances.
- Why you should reassess your investments now,
- Why real estate is considered an essential business.
- And more!
How to Streamline Your Finances
If you’re ready to get serious about your financial goals, I invite you to download the Freedom Cheat Sheet. It’s a free PDF designed to help you and your family evaluate your income, your budget, and your goals. When going through the cheat sheet, take a good look at your previous expenses and determine what’s really important to you. It’s fine to spend money on a fancy latte or a date night, but only if those things are priorities for you. Assess what you’ve spent on things that aren’t important in your life.
Why You Should Reassess Your Investments Now
If a large portion of your investment strategy involves investing in government backed currency or the stock market, you might want to reconsider. While major industries are pivoting, you should too as an investor. Instead of acting out of fear, now is the time to be proactive and place your money into safer, smarter, more sustainable assets.
Why Real Estate Is Considered an Essential Business
While travel and restaurant industries are seeing a decline in business, the real estate industry is going strong. There’s an affordable housing crisis in America, so builders and contractors are not slowing down anytime soon. The reason why real estate is so sustainable (regardless of the economy), is because people always need a place to live.
Episode Resources
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
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