5 steps to financial health
DESCRIPTION
Why are some people so successful in life while others struggle for years. Everyone has the power to turn things around. If YOU decide to make an important much reachable shift in your life, everything is possible. Those who succed are not smarter than others, the simply take action. Don't let life simply happen, be in charge of your life and dreams.TRANSCRIPT
5 StepsTo Financial
Health
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
STEP #1
Believe In Yourself
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Believe In Yourself
Start Putting Yourself First
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Believe In Yourself
Take Some Time Out AndHave A Look At YourselfWith No Holds Barred
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Believe In Yourself
Be Who You Are
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Believe In Yourself
Take Action
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
STEP #2
Boost Your Income
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Boost Your Income
The 3 Types Of Income:Earned
IncomePortfolio
IncomePassive
IncomeWebsite: www.ThePersonalFinanceGuy.com
Facebook: The Personal Finance Guy – Serge Labonte
Boost Your Income
Earned Income=
Exchange Of Time
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Boost Your Income
Portfolio Income
=
Return FromInvestments
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Boost Your Income
Passive Income=
Recurring Income
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Boost Your Income
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Boost Your Income
INCOME TYPE TAX
Earned Portfolio Passive
As High As 50%Between 20% &
50%Could Be As Low As
0%Depends On Your Personal Tax Situation And Country Where You Live;Get In Touch With Your Personal Tax Advisor
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Boost Your Income
The Power Of Passive Income: Recurring Income With
Little Additional Work Does Not Mean Income
Forever Is Not A Get Rich
Quick Thing Everyone Can Do It
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
STEP #3
Control Your Expenses
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Control Your Expenses
Identify Expense Categories
Where You Tend To Overspend
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Control Your Expenses
Start PayingCash Only
For At Least 1 Month
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Control Your Expenses
No Credit CardOr Debit Card
Allowed !
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Control Your Expenses
Feel The PainOf Seeing Your Money
Leave Your Wallet
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Control Your Expenses
Pre-Set The Weekly Amount Required
And Withdraw It From YourBank Account Only Once A Week
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Control Your Expenses
Start A Budget,Know Where Your Money
Is Being Spent
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Control Your Expenses
Draw ConclusionsAnd Adjust Your Lifestyle
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
STEP #4
Save At Least 10% Of Your Earnings
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Save 10% Of Earnings
Pay Yourself First
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Save 10% Of Earnings
Get Your Employer To: Deduct It
Systematically From Your Paycheck
Send It To The Investment Firm Of Your Choice
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Save 10% Of Earnings
Set-up A Separate Bank Account
And Have Money TransferredThere Automatically
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Save 10% Of Earnings
Never Use This Money To Pay For
Any Other Type Of Expense
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Save 10% Of Earnings
Protect Your SavingsFrom Yourself
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Save 10% Of Earnings
Systematically Reinvest All Your Earnings:
Use Compounded Interest To Your Advantage
Cash Your Dividends To Buy More Shares
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
STEP #5
Follow YourInvestments
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Follow Your Investments
Know exactly Where You Are At: Assess Your Accumulated
Earnings Forecast Your Retirement
Needs Make A Plan And Bridge The
Gap
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Follow Your Investments
Review Your Investment Vehicles:
Do The Basics Think Long Term
But Review Monthly Educate Yourself
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
Follow Your Investments
Seek Professional Help: Review Your Investment
Strategy With A Financial Planner
Get Tax Advise From An Expert Choose Wisely
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte
5 StepsTo Financial
Health
Website: www.ThePersonalFinanceGuy.comFacebook: The Personal Finance Guy – Serge Labonte