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Write Y our F inancial V ision Sta tement
doing with your life, but because of your debt load, you are trapped in an
unsatisfying job and working for an unfriendly boss. At times, your debt is
like a heavy weight holding you down. What would it feel like to be out from
under that debt completely? What if you never had to go to that job again, or
face that boss? How would you feel? Are you smiling? By doing this exercise
and allowing yourself to feel the emotions of your ideal life, you are providing
yourself with the powerful mental and emotional motivators to keep moving
in the right direction.
Make sure you take some time to write down your answers to these ques-
tions. Keep them available and look at them often. You will be amazed at how
energizing these statements can be as they remind you of what you are striv-
ing for. Be as detailed as you want to be at this point in your visioning process.
After you have completed this step, you will then become more precise in
your statements about your ideal life, but don’t worry about precision right
now. We will talk more about that in the next section.
Having a clear vision is key to building wealth. “Visioning” on a regular
basis is one of the most powerful habits you can develop. Many of the most
successful graduates of my “Advanced Investing Real Estate Boot Camp”
regularly take some time out of their lives to sit and imagine what their lives
will be like when they achieve their financial goals. They tape pictures to
their bathroom mirrors of the places they want to visit, or the dream homes
or cars they want to own. These pictures serve as visual reminders and focus
their attention every day on the better life they want to live.
Highly successful people who realize their dreams and goals in life are
usually singularly motivated by a vision of the way they want their lives to be.
Take some time to develop the habit of visioning. It will keep you keep focused
on why you are striving for change in the fi rst place.
Write It Down
Now, I want you to verbalize your vision statement in a sentence or two.
Write it down. You want your financial vision statement to capture the essence
of the visioning you did in the previous exercise. If your statement is simple
and precise enough, it can become your mantra as you pursue your personal
financial freedom. Repeat it to yourself regularly to stay on track.
Let me give you an example. Let’s say you work too much, to the point
where your schedule keeps you away from your spouse and children more
than you would like. As you envision your ideal life, you decide that you
want to pursue financial freedom and work as a private investor from home.
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