Financial Intelligence
Firstly Bullhunters, I would like to say that I am not a licenced Financial Planner and neither is Sean Rasmussen or Jamie McIntyre, so we cannot give advice on how to invest your money. What I can do however, is share with you some insights of what Jamie talks about in his best selling book What I Didn’t Learn at School but Wish I Had. After all, I wouldn’t be writing this blog if I hadn’t become a 21st Century Academy Graduate :) And, if you are investing in the Stock Market and trading successfully, how are you going to make that money work for YOU rather than having to work for your money?
What I Didn’t Learn at School but Wish I Had
Please remember when you download this free ebook that the information presented here is based on Jamie McIntyre’s personal experiences as an entrepreneur, consultant, coach, investor and others he has modelled in detail. You may have to modify them, do further research on them or adapt them to suit your personal financial situation. Also, any information presented is given purely as an illustration and should not be construed as a specific investment recommendation.
The key to creating wealth is to make the space in Your Life for the money to show up first and foremost. Jamie discusses the following points, amongst many others, and allows you to fill in your own details in the book itself so it is written in an educational format. They fall under these categories:
- Financial Protection - this is the precise amount of money you will require in liquid assets to be financially protected.
- Financial Security - the amount of money you will need to achieve finacial security to cover the basic necessities such as food, clothing and transport.
- Financial Independence - the amount of money you will need to achieve financial independence to be independent of working a J.O.B. (Just Over Broke).
- Financial Freedom - this is attained when your investments provide enough income for you to live the lifestyle you desire for the rest of your life without ever having to work again.
- Absolute Financial Freedom - this is when your investment income provides you with certainty that you can do whatever you want, as much as you want, whenever you want, wherever you want, with whomever you want, - without ever working again.
I have a big poster board that I drew listing these points with the amounts needed to achieve each level stuck on the door of my office so that I can look at it on a daily basis and know where I am up to. So far, I have achieved step number two which is Financial Security and on the way to achieving Financial Independence by March of 2008.
On this poster board, I also have some pictures that I have cut from magazines of places that are on my list to visit, a beautiful home similar to one which I would like to purchase and a photo of my newish car which I purchased at the beginning of the year.
I am not telling you this to impress you, but to impress upon you that planning for your financial future is imperative to living the life that you desire to live.
Working through the book helps you set up a reduction strategy to eliminate your bad debt (as opposed to good debt) for the purpose of using your money for the strategies of renting shares, property investing, running your business more successfully with a team of professionals and of course Internet Marketing strategies. Jamie uses a synergy of all these strategies combined and wants to teach you how to develop a Millionaire Mindset and do the same.
If you are reading this and are already trading, perhaps you may want to take a look at what else you could do with your finances to help reach your desired level of Financial Intelligence and quit working for someone else unless of course you enjoy what you do. If the graduates reading this would like to comment and share something that really stood out for you from the book, I welcome your comments.
Sean’s wealth forum is a great place to meet other graduates and members who are doing their due dilligence into the homestudy so if you are so inclined, please visit the wealth forum and make some new friends.
To Your Financial Success
Angela Recchia
Graduate Support
Universal Wealth Creation © 2004 - 2007










September 24th, 2007 at 6:29 pm
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February 14th, 2008 at 4:56 pm
Get Free Cash…
cool article, thanks so much. Good writing, going to read more……