Money Management Made Easy? You'll see what I mean in the next 3 minutes if you keep reading....
I guarantee this will shock you! It's so simple and yet less than 1% of us do it!
This little "secret" could guarantee you to become very wealthy. A financial master of your own cash flow and personal finance.
Better still I can guarantee that your kids (if you have any- I have 4 step kids!!) will NEVER have any money worries in their lives at all. Only perhaps to worry about what they're going to do with it all.
What a hassle that would be! :-)
Anyway...
Take a deep breath future money management guru, because for some of us this article will be a difficult pill to swallow...
If only your parents or your school or best friend knew what I am about to tell you and you had had the opportunity to implement it- you would most definitely be at or on your way to financial mastery (ie: where your money is paying for your lifestyle).
The following figures calculate what you will need to save each month to have approximately $1.44 Million dollars at 65 years of age invested at 10% per annum compounded monthly.
10years old = $50 per month = $1.65 per day
20 years old = $136 per month = $5 per day
30 years old = $376 per month = $13 per day
40 years old = $1077 per month = $36 per day
50 years old = $3448 per month = $114 per day
60 years old = $18,455 per month = $607 per day
Now can you see what happens?
All you need to do my friend is save $1.65 a day for long enough to create wealth for yourself and your family. Let compound interest do the rest.
It works like magic.
Wealth creation is THAT simple, so if you're chasing the latest trading technique before your base is built then please be aware that you are likely to stay that way-financially unstable and spending your life chasing what is sitting in front of you every day.
Of course the figures change significantly when tax and inflation are added but it's the concept that is important at this stage.
Once your foundations are in place then by all means, try something more exotic if you want but you will need to be able to manage your emotions and your cash flows if you want to be successful.
We follow a system. It's simple and it actually builds quickly and becomes easy to manage and grow. It takes the stress out of money forever.
Most people don't discover these secrets of the rich. They think investing has to be exciting and you have to be some kind of investment "guru" to become financially free.
That's complete bulldust because absolutely anyone can do this. It's basic stuff and you can automate and fine tune the process to grow it exponentially.
No need for you to be the next Donald Trump or George Soros. Just get the basic fundamentals right and then see what happens.
Only a small percentage do what it takes to achieve financial mastery, and that is why they are in the top 1% of the wealthiest people in the world.
Which one do you want to be?
To Your ongoing Success,
Julian Thornton
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Brought To You by Julian Thornton,
Best Selling Author, Entrepeneur, Investor & Mentor
Toll-Free #: 1800-046-460
www.wealth-essentials.com.au
