November 19, 2013

Your Money Should Work Harder Than You

I’m about to share a huge secret with you today. Did you realize most people honestly believe that the means to real financial independence is through a higher salary? How […]

I’m about to share a huge secret with you today. Did you realize most people honestly believe that the means to real financial independence is through a higher salary? How about you?

Are you working for someone else in a 9 to 5 treadmill, just trying to continue up the corporate ladder to a point where you can finally “get ahead” financially? Or, are you chasing the great “American Dream” of starting your own business on the side maybe to follow your passion, or as a way to generate extra income or just to be able to jump off that 9 to 5 treadmill?

Trust me, working full-time and starting your own business is a recipe for disaster as you work ’round the clock and only see slow, tiny steps forward on the path to increase your wealth!

Well, here’s the secret… very few millionaires make their money from a salary! And you can bet those CEOs at the top of the corporate food chain make tremendous sacrifices of their time and in their relationships to earn that 7-figure salary.

So, you’ve got to be asking yourself, “Where are all these millionaires getting this money if not from big-name jobs and salaries?” This is about so much more than making money, this is about creating genuine wealth. If Hans and I stopped working today, we would still have a steady money flow for years to come. Why? Because we have multiple streams of passive income!

Now, you might think that investing is too risky. And it’s never too soon or too late to start… my 15-year-old son just purchased a house this summer, as an investment. And he figured this out all by himself with his own money he had earned!

In my house, we aren’t in the business of giving our kids a free ride or life handed to them on a silver platter. And yes, you can sit there and just assume I’m lying (like many on our Facebook page did at the time).

But, I am so proud that my son has accomplished something most adults will never do. So, you’ve got to ask yourself, “If a 15-year-old can find the means to start investing, then what’s holding me back?” Or you could say, “Hey, I wonder how he did that?” If he could do it, then you most certainly can! Look into it yourself! You might learn a few things — starting right here:

  1. Ask yourself why you want to start a business. Is it to be your own boss? Create a legacy for your children? Attain financial independence? Maybe it’s all of the above. But identifying your specific motives helps to establish a true vision for your goal. And there is no right or wrong answer! It really is okay to just be in it for the money!
  2. Start investing NOW. If you ever want your bottom line to increase, you’ve got to start investing now. And I do mean NOW — you can’t wait for that “when you have the money” or “when the economy gets better” excuses! Set aside money each paycheck, whether it is $10, $100, $1000 or more… just do it and earmark it strictly for investments. It will make the “big risk” seem a lot less scary. Then when you make money from those initial small investments, turn that money around for more and new investments.
  3. Continue to put money in savings. Remember wealth isn’t just about how much you earn, it is often about how much you KEEP. Realize that most savings accounts are just money saved to use later.

Increasing your bottom line is simple, but that doesn’t mean it’s easy. It requires an investment from you! That investment could be your time, your training or your skill sets.

What will be your first investment today? Let me know and don’t forget to “Like” and “Share” today’s post on Facebook or Twitter. Maybe you’ll be improving your spiritual well-being by joining us this Wednesday night. The Spiritual Equipping Broadcast starts at 8 pm ET/7 pm CT, we hope to see you there!

 

In great faith,

 

Dani's signature

P.S. Like what you read here? Just hit the “LIKE” button at the top of the page! That will help your Facebook friends find this content!

Join the conversation