It’s amazing how many everyday Australian’s share the dream of being “financially free” by the age of retirement.
Few manage to turn this dream into their reality.
Why is this the case?
There are several reasons why many Australians find it hard to achieve their financial goals. Some of the most common causes being:
- They have no plan
- They have no structures in place to help execute their plan
- Fear of the unknown
- Lacking in the self-discipline or willpower to make changes in their life
- Procrastinating or making excuses
- or Taking absolutely no action at all.
So, let’s have a closer look at each of these situations.
HAVING NO PLAN OR STRUCTURE IN PLACE
As Benjamin Franklin once said: “Failing to Plan, is Planning to Fail.”
This is why our client managers work so hard with their clients to put a “Strategic Wealth Plan” in place. Our plans give our clients a clear insight into their current financial position, where they are heading, and what they need to do to get where they want to be.
Getting rich is a system. Financial success has nothing to do with luck or chance. It’s a deliberate result of strategies applied over time.
FEAR OF THE UNKNOWN
Sure, investing can be daunting – How much money do you need? Where should you buy? What should you buy? Is it the right time? Where do you start?
Don’t worry, many of our clients have felt the same sense of fear before looking to buy their first investment property. This is why we have a team of specialists on hand to answer all of your questions.
Our responsibility at Infinite Wealth is to make you feel safe and comfortable, turning your feelings of uncertainty, fear and stress into excitement, clarity, possibility and action.
Join us for a FREE Planning & Strategy Session to see how you are tracking and what is possible for your future.
LACK OF SELF-DISCIPLINE OR WILLPOWER TO MAKE CHANGE
Being able to “walk the talk” is all about self-discipline and having a willingness to make changes in your life.
Did you know? In 1998, a study by American Social Psychologist Roy Baumeister revealed that will-power is a limited resource that depletes over time. For example, as we progress through a working day our ability to remain self-disciplined and make tough decisions decreases. This is because we have already drawn down on our “will-power” reserves.
So, how can you overcome this?
The answer: Put a Structure in Place.
We can help you to put structures in place to better manage your money and your savings, without having to always think about them.
Rather than basing your savings off what remains after your expenses, why not put structures in place so that you come first. Not the rent, phone bill or shopping trolley. Pay yourself first!
PROCRASTINATION & TAKING NO ACTION
When developing an investment strategy, taking action is the only thing that makes a difference.
Procrastinating and making excuses is not going to get you to your goals or where you want to be. Nor, will they help you achieve financial freedom. The most critical time is now.
To get in contact with us and to book a Free Planning & Strategy session with one of our Client Managers, click here.
It’s time to lift your financial intelligence.
Let us educate you on where your current numbers are leading, how you can take control of your financial future and, why our FREE Planning & Strategy Session has 1,000’s of hard-working Australian’s on the path to achieving their financial goals.