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wealth Secrets that are often forgotten – 5

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Financial freedom is not an experience. it’s an exact number.

Just received a really cool thank you card from one of my students who expressed that learning the principle of what financial freedom really looks like meant to her. I must admit that when I learned this concept, that everyone misunderstands, from one of my mentors it also changed my life. If you’ve been to one of my events where we’ve talked about this principle you get it too. Financial freedom to most people is an emotional experience. In other words: more time off, more time with family, travel, the ability to do what you want, not worry about bills, etc. These are all incorrect definitions. Instead Financial freedom is one exact number. It is specific and clear and as such is attainable and near. When we know specifics we can achieve it. Your financial freedom is the exact amount of money you need to satisfy your obligations every single money. And to be truly free this amount of money needs to arrive passively. Type Amen if you get it. #douglasvermeeren #1wealthcoach #moneyandabundanceshow

douglas-vermeeren-600Douglas Vermeeren is the CEO of the Millionaire Training Systems. He teaches wealth strategies and mindset. Unlike most wealth coaches and teachers in the market today Douglas Vermeeren actually makes money in the real world and not just through the sale of seminars or personal improvement products. He is the author of the book Guerrilla Millionaire, Millionaire wisdom and several other books on money strategies that build wealth in today’s marketplace. He is also known for his extensive research into the lives of many of the elite and wealthy of today. http://www.DouglasVermeeren.com

#douglasvermeeren #moneyandabundanceshow #1wealthcoach #millionairetrainingsystems

 

 

Successful Decisions? Douglas Vermeeren

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Why don’t we manage to get tour goals even when we make decisions that seem really good?

Douglas Vermeeren PPM 19

1 simple step that will put you on the road to financial freedom

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What does your financial freedom look like to you?

I often ask this question at my seminars and the responses I get are often as follows:

“I’d like spend more time on vacation.”

“I’d like to live in the house of my dreams and drive the vehicle of my choice.”

“I’d like to quit my job and spend more time with family.”

Although these answers are nice – they are not correct.

Financial freedom is not about what experiences you will have and how you think you will spend your day to day life.

Financial freedom is an exact number. How much exactly do you need to meet your obligations each month.

When you passively achieve the exact amount of income you need so that all your obligations and expenses are met you are financially free. Does this make sense? That monthly amount is your obligation or prison. So once you have attained it passively it’s no longer your prison. It’s satisfied without you.

The problem for most people is that they can tell you what they want (The experience) but they can’t tell you what it takes to make it happen.(The exact number) If your goals are specific and clear they are attainable and near. So if you want to be financially free how much money exactly do you need to have coming in passively each month.

Here’s an example:

If your monthly bills are as follows: (I know this is not a reflection of most peoples bills. But its an oversimplified example)

Mortgage $1250

Utilities $239

Groceries $250

Car payment $249

Gas $100

Total monthly Commitment: $2,088

So your financial freedom is actually $2,088. If you can build a passive income stream that replaces whatever you a re doing to get to $2,088 then you have achieved your financial freedom.

Naturally this is oversimplified. And of course, your financial freedom number will change based on your needs and situation. Once you have achieved a passive income that covers your necessary obligations you are financially free. The next step is to move onwards up to financial abundance which is something that is rarely discussed. Financial freedom is important – but financial abundance is where life really begins to change.

More on this later…

By the way, knowing your financial freedom number is just the beginning. Knowing how to get there is where things really get interesting. If you’d like to come out to one of our events near you go to http://www.MillionaireTrainingSystems.com

Millionaire Training systems

Millionaire Training systems

Millionaire Training Systems coming To Calgary and Vancouver

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Why Don’t most people create financial freedom?

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Millionaire Training Systems coming to Vancouver

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What you understand about money determines what doors you can open to make more. Will you open the door to more on July 11 in Vancouver?

Millionaire Training Systems

Millionaire Training Systems

Millionaire Training Systems coming to Vancouver

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Millionaire Training Systems 8

Millionaire Training Systems 8