How to secure the lifestyle you dream about
Do you sigh when you look at your bank account balance? If you’re not excited when you look at your bank account, then keep reading.
Have you ever asked yourself why you’re so broke? Or why you still haven’t been able to secure that lifestyle you daydream about?
It might be because you never learned these five secrets that can take you from still broke to living your best life.
Secret #1 – Quit Working a Job
JOB stands for just over broke. It makes sense when you think about who gets rich from the work you’re doing. I’m not saying you need to quit today. You still need to be responsible of course. But to be successful, you will need to set a stern goal to be your own boss and to quit working a job that will only get someone else rich.
Secret #2 – Be Frugal and Don’t Pile on Debt
There’s a difference between wanting something, and really needing it. I need food for my family, but I really want a juicy steak.
My grandmother grew up in the Depression and preached about want vs. need. Being frugal was a way of life for her and something many successful people live by.
It doesn’t mean you can never make another purchase, it simply means making decisions that will keep you on the path of building wealth, and not piling on debt because your “want list” keeps growing.
One of the key pieces of advice I received early in my career was to focus on driving revenue while minimizing costs. Purchases that will yield a profit are worthy of considering. Instead of going into debt for something frivolous that you can’t get an ROI on, consider investing in yourself and your business that could finance the lifestyle you’ve dreamed of.
Secret #3 – Make Sacrifices
I’m not going to lie. This may be one of the hardest secrets to implement. Whether it’s passing up that vacation or working a 60-hour week on your business, making sacrifices can pay off. Successful people put in the hard work and they know when to make sacrifices.
Secret #4 – Surround Yourself with Successful People
Simply put, you are the company you keep. Surround yourself with smart, positive, motivated, and successful people.
Secret #5 – Invest in Real Estate
You might love traditional real estate, but ignoring the advantages of real estate investing is just silly. Especially when you can reach your goals faster if you offer sellers options like traditional listings or cash offers. There’s nothing traditional about 2020 and there’s literally no reason why you should have all of your eggs in one traditional basket either.
Are you ready to stop being broke?
We can help. We offer solutions that help real estate entrepreneurs like you scale your business faster and easier, so you can start living that lifestyle you have dreamed of. Ask us how we can help you get excited about your income today!
Justin Malonson is the Founder of LyfeLoop a 16+ year tech innovator, investigative media researcher and host of the Freedom Not Control Podcast live on Voice America. Justin is a highly sought-after tech entrepreneur, industry speaker and winner of the coveted Business Achievement Awards “Top Digital Marketer” award. With 16+ years of demanding experience, Justin has worked with over 3,000 businesses including amazing clients such as Blue Cross Blue Shield Association, Sotheby’s International Realty, Duke University, White House Black Market,Tiffin Motorhomes, Bass Pro Shops and Beazer Homes USA.