Issue #2 – 7th June 2019

1) Understands money (to get enough of it)

2) Innovative (developed problem solving skillset)

3) Control over their time and their life

Join the dots to real financial success – it’s this simple

Let’s face it, money is just a means to an end, nothing more. Getting enough of it is actually not complicated. Okay, I will say it – it is simple. Well then, if 95% of people in New Zealand fail to get enough of it, how can it be that simple? Well, it is simple. It is just not easy. 

To be clear, it is not a physically hard thing to do but rather a mentally, more challenging item to put on your agenda. The short of it is, if you are in that 95% group (or don’t even know?), you likely just need to change. To change all you need to do is make that decision – just decide.

See, I told you it was simple – Here is how simple it really is…

Financial Planning

Positioning for Success

Here is the best place to start, so let’s get started. Once we know what to do, then it is a matter of how. A common problem that many people face is that they unwittingly believe that they can transaction it. In other words, if they just invest in a property, save in a Kiwisaver scheme or get into business, they have taken care of their money problems, BUT… have they? 

The starting point for financial success is strategy, which is another way of saying, let’s put in place a solid, simple but reliable framework around our financial success. Once this is in place, we are more than halfway there. That is because whether I am a small business owner, running a large global corporation, running a school or mum and dad trying to get ahead, that framework is where we all win and lose. That is why getting it right is so important. Here is what to do next

 

Mindset Alignment

Align your behaviour with your goals

Changing how you think about money, and therefore what you do with your money is key to improving your success.  Just continuing to save in Kiwisaver, invest in residential property or ‘bang away’ inside the business day in, decade out, will help you to make progress but it may not get you ‘there’.

The trick is to match your behaviour with your financial success and your big picture goals. This starts with you simply being open to other ways of doing things… open your mind up to other possibilities. How hard can that be?! This brings us to Blind Spots…

 

Investing

Price is what you pay; value is what you get

It is not where you will invest that will make you rich, it is how you invest.  Anyone can invest anywhere.  Why is it that so many people invest in many different types of investments, such as Kiwisaver, rental property, share market, their own business, managed funds, bonds and a variety of other investments and yet, how come so few people are totally financially independent (only 5% of Kiwis)? Without a well thought through Investment Strategy, the results will be based more on hard work, favourable economic and market conditions and a reasonable dose of luck. There is a better way…

 

“The best thing money can buy, is financial freedom“

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