Become Financially Free

1) Build up my website businesses
2) Setup automatic savings and investment
3) Work on ensuring I am accounting for Tax correctly
4) Get 3 properties – 1 property by end of July

Earn money from online and offline businesses – ultimately enough to replace my J.O.B. income and be free to earn money doing something I love… like teaching other people to start businesses, as well as flying for money instead of spending money to fly.

I have made an arrangement with a financial coach. I will do 4 hours of web design for 1 hour of his coaching.

I have asked that we setup very practical homework tasks, with the end goal of obtaining a cashflow positive rental before end of June.

I have been saving really well, and have found some fake printed 100dollar notes, and when I am putting money into my savings account I can put up the equivalent money onto the wall, so I can see my progress.

Also by putting a stop onto my savings account I have to go into the bank for a special meeting with my personal banker, and I have asked that he make it very hard and difficult for me if I ask to withdraw anything. Just this alone helps.

Also automatic savings is really good, and if I finish the week with money left over then I can chuck that onto my pile.

Also I am constantly developing my websites, and I know that these will start to pay off soon.

I have emailed him today for a meetup.

I have got a good savings plan, and have organised a special stop on my account so that I can’t get money out without getting the approval from my personal banker (and I told him to be mean to me).

I got a second eftpos card that can only ever access my check acount, and I will setup automatic payments daily for my budget only. Then when at work I will leave my second card at home.

Have saved $600 so far this year.

Also investigated houses, and will call the mortgage broker.

The first day of setting this hard goal is also making sure all the past financial clutter is taken care of.

I want to get all my papers in order early and file for an early return.

I want to be able to look at a balance sheet and see it growing in the black and not the red.

I know that following my passions and diversifying my interests will make me more then just diversifying my paper assets.

I’m excited to get this happening NOW!

I just started my own production company and have made the decision to stop working below-the-line. I know I have the skills and talent for writing in prime-time television and now I plan to make at least $60,000 in my writing efforts by December 2009.

I want to buy my first investment property by the end of the year as well. I know that the housing market in the States is still pretty beat up and with the Bank of Canada having a record 1% prime rate, right now is an excellent time to look for properties.

Having played Rich Dad’s Cashflow game for years. I’m ready to put those lessons into practice and just happy to see there’s others out there that want this just as badly as me.

If anyone is looking for multi-media content for their businesses, please feel free to get in touch with me.

M.

WEBSITE PROFITS:

So I have been reviewing my site’s products.

I have been lucky enough to meet with Mark Joyner and he set me a task to ask the question “What do I need to do to drive profitable customers to my site?”

So I re-thought my sites, and came with this answer:
1) Focus my energy on 1 site at a time.
2) Focus rather than on Search Engine Optimisation, and focus in on making it the very best tools and resource on the net in it’s niche.
3) Focus on making the products a natural fit for the site – eg have a really outstanding tool that helps you do stuff, and then that naturally helps you to find products that I am referring, rather than focussing in on driving people to the site, then hoping they click on ads.
4) Actually spending a bit more on programmers rather than taking ages doing it myself.

Then the traffic, and the money should follow.

GETTING AT LEAST 1x CASHFLOW POSITVE RENTAL PROPERTY BY JUNE 09
1) Get quotes for how much mortgage the banks will give me, and how much is needed in either equity or savings.
2) Call my friends that to property investment and ask for their advice
3) Look through the sites such as landlord.co.nz and mortgagee.co.nz for deals, and start to work out what I need to do next once I find one. “Do a dry run”
4) Do it before June 09

Isn’t that the dream of everyone ?
You would think so but im always surprised with how many people dont show any effort towards becoming financially free !
I am always looking for ideas that may help on my path to the elusive FINANCIAL FREEDOM !!

I am looking towards earning £10000 from my part time business by december 2009.

I am looking into buying my first investment property this year as the uk house prices are dropping !

Im gonna get there. I know i will !

Anyone who needs a boost sometimes please check out Jim Rohn material. Check him out on youtube.

Anyone with this interest please get in touch.

I’ve set up my live forex account, and i’m on target to double my initial investment this month! I’ve also been contacted about a new trading mentor program and a got a phone interview in the morning to possibly become a sponsored student. Its all coming together nicely!

So the goal is to not have to work, and have enough passive income to live on.

This is my approach:
1) Develop online businesses and profitable websites
2) Setup automatic payments for savings
3) Pay off my $1600 loan (only debt I have)
4) Increase my kiwisaver (retirement) amount to 8% of my income if it is tax exempt
5) Save like heck to get a deposit on an investment house (eg passive income rental)