All my life i’ve lived by the mantra ‘there must be a better way’. If something seems overly difficult, onerous, or requires too much time or manual input, i reason that i must be doing it wrong – i simply cannot believe that someone smarter than me hasn’t already experienced this exact same issue, and devised a solution… a better way. Now don’t get me wrong, i am not a lazy person by any stretch of the imagination, but if there exists an option to do something smarter, more efficiently, or more productively…. i’ll find it, and then do something more productive with the time i just saved.
Unfortunately, whilst my ‘better way’ methodology was working for me in all other areas of my life, i was still grinding it out the hard way when it came to my finances – i was trapped trading a set amount of my time, for a set amount of money. Sure I’d save some of that money, and even spend a portion of it on things that were important to me. But then i’d go back to work, trade more time for more money and keep inching forward. That was until in my mid 20’s my search for a better way (and a recommendation from a good friend) led me to Robert Kiyosaki’s ‘Rich Dad, Poor Dad’.
In essence, the book touts the merits of an amazingly simple premise, but one that is so commonly overlooked…..’Don’t work for money, make money work for you’. Within the first few pages i was hooked, and i quickly devoured the rest of the book (as well as many others shortly afterward). Business, Finance, Wealth, and Investing became my focus for self-education because i was on the path… (i may have only stepped one foot onto it at that point, but i was on it)…The Path to Financial Freedom.
Financial Freedom is not about owning a super yacht, jet-setting around the world first class, or drinking Bollinger on a weeknight. Financial Freedom is about choice. It’s about not being shackled to a job you hate, its about putting your cash inflows on auto-pilot, and its about breaking the link between time & money. The financially free don’t think ‘if i go to work for X number of hours, i’ll have Y dollars’. No, they think ‘if i receive X dollars in passive income for which i don’t need to give up my time, i could use that saved time to do something more productive, or enjoyable’.
Sound like a good place to be? Now all that is left is to navigate the path safely. Shouldn’t be too difficult right…?
It may seem daunting at first, but the truth is that it doesn’t need to be all that difficult. Every week, NCWB will publish new articles and new content aimed at helping to smooth & straighten the path for you. Or, if you’re more inclined to take the guided tour, a licensed financial planner will be an invaluable companion, as you forge your own unique path.
This blog is not about investment advice, hot stock tips, real-estate spruiking, get rich schemes or anything like that… apart from the fact that ASIC would lock me up if it were, it would be shockingly unethical. North Coast Wealth Builders was developed so that i could share my passion for financial education. Information on this blog is not intended to be financial advice and should not be relied upon as financial advice. It is general information only, and does not consider your personal circumstances. Should information provided by NCWB pique your interest, please be sure to consult an authorised financial planner before taking action. Please be sure to review our legal disclaimers for more information.
NCWB is about sharing knowledge, inspiring new ways of thinking, encouraging financial education, and helping you find your own path to financial freedom. Check in from time to time for general content on:
- Financial Planning
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- Passive Income Strategies
- General Wealth & Finance Tips & Tricks.