June 20, 2018 Business, Cash Flow, Decision, Finances, goals, Lifestyle, Plan

The Money is for Something!


When it comes to determining how to spend (or invest as I see it) and how to save, often times we are just choosing a number, a stab in the dark if you will.

So… how do you choose a number that has relevance and meaning for you?

When we can begin with the end in mind, then we can better make a choice that is right for us.

 

What do you want?

When we first work with a client, we are listening for dreams, goals and desires in each of these three areas:

1. Business – what are you creating – a cash machine or an asset to sell.

What kind of impact do you want to make?

-How do you want to work – alone or with team, full time or part time?

-Do you want an office or do you want a lap top and travel the world?

You truly have the choice!

2. Lifestyle – what do you want it to look like?

-What kind of house do you want to live in?

-What kind of car do you want to drive?

-Where do you want your kids to go to school?

-Who do you want to contribute to and in what ways?

3. Success – How do you want to celebrate it?

-What kinds of life experiences do you want to have?

Once you have the answers to these questions, then you can begin to make decisions about the ways that are best for you to invest and save, the dollar amounts that will make sense for you.

For example, if you want to travel to Europe from the USA versus if you want to travel within the USA, the amounts you will want to set aside for this will differ.  If you want to travel in a camper versus if you want to stay in 5 star hotels, you will set aside differing amounts.

Once you know the amounts the next question is… how realistic are they given your current cash flow.  Will you need to earn more or change spending somewhere else?

These are actually empowering choices to make!

Deciding today how you want to allocate your time, money and energy for the goals you have means you will impact your tomorrow the way you desire!


Want to discover 10 tips for increased profitability and what it means for your financial success? 

Grab this complementary guide and start increasing your profitability today!

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