—Albert Einstein said the definition of insanity is doing something over and over and expecting a different result. This is what we have been doing in America for decades when it comes to teaching financial literacy and it’s NOT WORKING.
+ STEP #1 - MAKE A DECISION TO DREAM FOR REAL
You most likely need to overcome your money DNA that you formed from childhood.
You likely have limiting beliefs about you and money.
You are enough now! You are already smart, focused and good enough to achieve a life you desire.
Create your WHY. Why do you want to be financially successful?
+ STEP #2 - DITCH YOUR SAVINGS ACCOUNT
Stop putting your money in a single account called “Savings”.
Create multiple named savings accounts for what you need and value for the next 5 years or less.
Think about what you truly value (travel, house down payment, clothes/shoes, education, hobbies, giving, etc).
Set up financial automation by having $ transferred each month from your checking to your named savings accounts.
As you earn more income, increase these transfer amounts.
+ STEP #3 - SPEND YOUR MONEY INTENTIONALLY
Most people quit a budget because they are frustrated with it.
Create a zero based “budget” by assigning each dollar of your income to fixed and what you value expenses.
Give yourself up to 90 days to get in a groove with your new spending plan.
Begin to feel a sense of control over your money which is what you ultimately desire.
+ STEP #4 INVEST MONEY LIKE THE WEALTHY
Get on the compound interest train ASAP with automation and zero emotion.
The stock market is your primary engine to change your life and the life of your current or future family. To change your family financial tree for good.
Participate in asymmetric investing as your wealth accelerator with individual stocks, crypto and special situations.
Increase your income from learning new skills, side hustles and/or job promotions so you can invest more into stocks, crypto and other investment opportunities.
+ STEP #5 - GIVE MONEY AND TEACH WHAT YOU KNOW
The most joy you will ever experience will come from helping others in need. Period.
As you change your money and investing behavior you will be able to impact a lot of people over your lifetime.
Teach the Financial Rebellion Way to your family and others in your community.