28 – The Formula to help you achieve Financial Freedom

BY STAN KONTOS

I have discovered that, as with everything good,   success always leaves clues.   We all know that wealth can only be achieved when money is made to work for you, and not you for money. Now I know that at some stage in all our lives, we must work to make money (either through a job or through a small business). For some, money becomes their master (they have to keep working). For others, money becomes their servant (money works for them). How is this difference so?

The secret formula is earn money, then save money, then invest and multiply the money. Sounds simple –  this is the truth.

A long time ago when I was working and being paid by the hour I discovered that it didn’t really matter how much money I got paid per hour if I didn’t know how to budget and create savings. What I discovered about my human nature was that the more I earnt per hour, the more I spent (it happened subconsciously – having a more expensive car, going out to eat more often at restaurants, finding more ways to spend my hard earned money on clothing, travel, and so forth). Similarly, I have noticed in others that when they earn more money per hour they don’t necessarily save this pay increase because it subconsciously gets spent. I am fortunate to have the responsibility of coordinating the employment of many people in my organisations and I see their frustration when as they earn more it doesn’t translate into more savings. Hence I am passionate about educating people to learn the secrets to wealth creation, including my own staff.

Here is a very important question that will help you determine how you are programed – are you programmed for wealth creation?

Q: What is more important to you – to get a higher hourly rate or to get the knowledge of how to create more money even if it means working at a slightly lower hourly rate?

A: Knowledge is more important than money.

Over 10 years ago, I recall deciding to find a way to be in the company of someone who was very successful. I found a way to invest in their business and in doing so was fortunate to be able to spend 3-4 days per month (yes I had to fly interstate once a month to attend to my business responsibilities all at my own personal cost) so I could spend time with this person and educate myself on business and wealth creation. My method over the years has been to always find people better than me and to spend time with them. I take copious amounts of notes and learn their secrets. Then  I apply this knowledge helping myself and in turn helping others in my environment. The secret is when you acquire knowledge to help yourself and you help others, you will always make more money.

As a Performance Coach (and having coached many hundreds of people over the years) , I have observed from experience that one of the biggest issues in our society is a lack of sufficient money to live abundantly. I believe that every one of us was meant to enjoy abundance – it is a universal law that we are meant to live joyfully. The 3% of our population that get to understand the laws of abundance are the ones who have sought   the knowledge and applied it for the benefit of others as well as themselves.

I encourage you to become one of that 3% today. Go and acquire new knowledge (perhaps come along to our breakfast event http://www.nextlevelbreakfasts.com.au/). Whilst it is good to find ways to earn more money per hour, it is far more important to learn to budget and create savings, and to then multiply these savings from wise investments. These wise investments over a 10 year period become your ticket to financial freedom – the choice of having to work vs wanting to work.  Financial freedom is a desire we all have for it gives us the choice to live the way that makes us joyful as well as the ability to help others.

I wish you abundance always. If you wish to learn more about our coaching program (Platinum Program http://www.solresultscoaching.com/), designed to assist you to obtain the mindset and the strategies to create more in your life, we would be happy to let you know more.

Live with passion, stay on your life’s purpose, and always be at peace.

Stan Kontos