Dr. Slava Shut

Money is important; it’s a means to allow you to accomplish some of your goals in life. But it’s important to never forget that money is only the means.

It’s great to have a goal to elevate yourself financially, but it’s not the best thing if that’s all you’re trying to do.

Today, we’ll go over some of the things to consider before you start your journey to becoming a financial success

Find Your Why

Before you do anything worthwhile in life, have a good understanding of why you’re starting in the first place. This part requires very little physical action to do, but make no mistake; that doesn’t mean it’s not important. 

In fact, identifying a solid motivation for starting something, anything, is often the most important step by far. Don’t make the mistake of jumping into action without a clear vision first. You’ll waste time, effort, and resources.

As an entrepreneur, most of the people that I meet on a daily basis want more; more money, more freedom, and more out of life. There’s nothing wrong with that; ambition is often the catalyst for many of the greatest leaps forward. But if the only goal is to have more money, there will inevitably be a problem.

So before you go down that road, I’m going to save you some time, heartache, and stress:

Money isn’t really your goal. How do I know this?

Because I know from experience that once you get more wealth, you need to have a plan for what to do with it. If you don’t have all this figured out before the wealth comes, you will quickly understand that at that point it’s time to revisit your why.

“Because I want more money” isn’t a reason; money is a means to accomplish things. It’s a tool.

Consider Your Options

There are many ways to accomplish many things. The trick is to find the way that works for you. This is especially true when it comes to finances. Everything isn’t going to work every time. You may learn from a friend about a great investment option that just won’t work for your budget. 

Instead of getting stuck on one way that could almost work, develop the ability to disengage and take a step back. Keep an eye out for your returns starting to diminish, when your efforts haven’t waned. It could be an indicator that you need to adjust your overall strategy.

In the financial world, there are all kinds of ways to become wealthier. You could minimize your expenses. You could increase your income. You could consider all kinds of ways to combine aspects of either of these strategies. One of the best ways to improve your income on a monthly basis is to work on your budget.

If you’re spending more than you need to, you might not know until you start auditing your budget. This will let you know what you need to cut back on and save you money. And you’d be surprised by the kinds of things you might be spending a lot of money on if you haven’t been paying close attention.

Don’t get locked into one way of thinking, you’ll lock yourself into the same results.

If you’re putting your money into a whole life insurance policy on a regular basis, look into setting up an IUL instead. Instead of just putting that money away and never seeing it again, you could be taking advantage of the cash value investment you’re already making every month

Commit to The Method

Once you’re confident that you’ve decided on the right path and you have a solid foundation of reasoning behind it, there’s only one thing left to do: execute.

By now, after making all the other preparations, you should have no doubts about which direction you’re headed. Now, all that’s left is to do the work.

Are you ready to transform your life for the better? The time is now to become the best version of yourself. Commt to the life you’ve always wanted. Contact my team to set up a 1-on-1 with me today!