Making better financial choices is the key to unlocking higher returns.
So why is creating wealth counter intuitive?
Simply because the more we touch our money, the less it grows.
The following are five age old and proven ways to help you accelerate our wealth, keep it longer and enjoy it more.
- Invest more of your time with your partner and those important to you.
These experiences don't have to require additional spending (think of a romantic walk together, creating a home cooked meal together, just jabbering like "two monkeys in a tree" conversations etc…).
Why do this? Because as a wise person once told me "no one cares, until they know you care".
Did you know that divorce is the fastest way to loose half or more of your wealth, not including the emotional distraction and financial cost rebuilding your life. The same rule applies for business relationships, work environments, social clubs etc...
Investing our time and energy developing and growing relationships is the key to not only our quality of life but to growing and keeping our wealth.
- Invest in yourself.
This means investing your time, money into ways that improve your health, career education/research, money management/ cash flow & savings, spiritual growth, contribution to others lives.
This may sound like a lot of balls to be juggling at the same time, however just like a juggler if you introduce one ball at a time you it is possible to achieve that which looks impossible to others.
The dividend we receive for investing more in ourselves is greater peace and personal happiness, a lesser need and desire to take greater risks, whilst having more time to enjoy living life to its fullest. How does receiving that kind of return sound for your investment?
- Discover, give and help other people get the things that are important to them first(not what you want and need first).
As the saying goes by Zig Ziglar "You can have everything in life you want, if you will just help enough other people get what they want".
- Discover your "Be-Cause" or "Why".
When you know your core values and make choices aligned to these values you increase your chance of success and have directly improved your quality of life.
- Let go of your past failures.
We know we cant change our past, however we can change our future. We do this by simply doing the activities that create success and work towards. "The best thing about the future is that it happens one day at a time"Abraham Lincoln".
Do what you can do today, because whether you do or do not, your time will continue to pass.
This post was written by Peter Horsfield, as such they are his personal views.
About Peter Horsfield
Peter Horsfield in an Authorised Representative and Investsure Holdings Pty Ltd ABN 16 050 286 630 as trustee for Horsfield Family Trust ABN 55 609 068 513 is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd ABN 47 097 797 049 AFSL and Australian Credit Licence No. 236523.
Successful people have this over their rivals; they know why, where and how to reach their goals sooner.
- Are you on track?
- How much do you need?
- How long will it take?
- What are my risks?
Because action beats intention every time!
Venue: In Person or online
Duration: 60 minutes.
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