No. One

Having more money can be and is a great incentive. However you know as well as I do that to get more money from a job means there has to be a payoff.

More often than not, more money = more responsibility and basically more of your time in the office.

So actually… More Money = Less Personal Time

No. Two

Buying a pre-exisiting business or franchise means yes, you are your own boss. I agree to a certain extent BUT buying a business can mean you end up spending even longer hours working. You effectively are just buying another job.

SO what could you do that would mean you replace the salary, or even better make more money AND work fewer hours?

Now that’s the million dollar question. The best answer is to get money working for you.

What could you do, what could you buy that will make you money?

Three answers:

1. Real estate

2. Stocks, shares etc

3. Business

But before you go rushing out and buying up cheap stocks and real estate or start your own business…

No. Three

“Never Invest In Something You Do Not Understand” ~ Warren Buffet.

“Invest” in this instance I believe is both time and money. Why invest 12, 14 hours a day in a business you don’t understand? We’ve all seen it, people’s money halved because they invested in superannuation and funds they don’t understand.

I wouldn’t go near a financial advisor if they didn’t invest in the things they want you to invest your money in. And anyway, no doubt the majority of ‘advisors’ are on a wage, earning no more than Joe Average. If they were so good at what they do, why aren’t they making their millions in funds?

I’ll get off my soap box now…

There is nothing more powerful or empowering than educating yourself. In every experinece there is a lesson we can learn; the mistakes, the successes are all lessons and an education. For some there is only one way to get that education, that is by taking ACTION.

Until next time; keep on keeping on.

Antonia