Ready to stop living paycheck to paycheck? There are five simple action steps you need to take in order to build a better financial future.
On this episode of Investing in Real Estate, you’re going to learn five tips to help you shift away from the traditional 9-5 model. If you’re currently living paycheck to paycheck and wanting a change, this episode is for you.
More About This Show
1. Go All In
Commit yourself 100% to making a change. Your mindset and commitment are the most important pieces to this puzzle.
2. Map Out Your Balance Sheet
This will help you get a clearer picture of your personal finances. When you know where you stand, you’ll better equipped to make improvements. Check out this video all about balance sheets and net worth: http://bit.ly/2R6HuZf
3. Set a Clear Goal
I want you to actually write out this goal. Put it on paper so it becomes real!
4. Add in Some Assets
Most importantly, if you plan to stop living paycheck to paycheck, you’ll need to add performing assets to your balance sheet. Start investing! Replace that paycheck with steady sources of passive income.
5. Take Action
The last step is to take action! Once you get the ball rolling, you’ll no longer be tied down by your 9-5 job.
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.
