How do you live my life? Do you just repeat your life 365 times in a year? Do you see your life going nowhere like what we call living in a rat race? We want progress but don’t know where to start. You already played cashflow 101 but still have financial struggle? We are afraid and uncomfortable of change because of our comfort zones.
Here are 3 Great Steps that could help you start financial progress:
List down your Vision – sounds very familiar but in real life only few people writes their vision in life. The book of Proverbs says where there is no vision, the people perish. I’m newly married and currently, I revised my vision in life. One part of it is to build a household of faith serving God together as a family being good stewards of our finances.
Write your Objectives - Objectives are strategic positions or moves to be attained with the purpose to achieve your Vision. So let’s say my dream is that by the age of 40 I will be financially free. What will be my strategy to get there in order to fulfill my dreams and vision? Ask your self, how can I get there? What will be my vehicle or to get there? It could be a bicycle, a car, plane or a jet plane. The same with the cashflow game, you could be an employee-bicycle, self-employed-a car, a businessman-a plane or an Investor-a Jet plane. It depends on how fast you want to achieve your financial freedom.
Write your Goals – a goal is different from objectives. A goal is measurable. It tells you how are you doing with your strategy. Like in the cashflow game, what are your goals I terms of your passive income? How much passive income is your goal as you build businesses and find good investments per month? Like what Mr. Condo Investor’s financial goal for the year 2009 is P500,000 monthly passive income this year. So for sure, he has small goals to reach each month.
My own strategy right now is to build three online businesses this year that could yield P150,000 more passive income to what I have today. One is for our family business in trucking and freight forwarding category, the second is in tourism industry and the third one is online marketing.
I want you to share to everyone your insights and tips you’ve learn from Cashflow 101 in your journey to financial freedom. Please e-mail your article at cashflowfreedomnow@gmail.com. Please include your name or code name as your name will be posted as the contributing author.
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I want to contribute also, I'll just send you an article about my experience with cashflow. Great blogsite!