As I recently rode around a nearby lake with my daughter I noticed a Find Thirty logo painted on the pavement.
The Find Thirty campaign encourages us to complete 30 minutes of physical activity each day as an investment in our physical health.
Imagine the possibilities if we also found thirty minutes for wealth?
Imagine how financial literate you could become and how you could use that to create enough money to afford to do and have what you really want.
The twist – DO, not THINK
The interesting twist is that the Find Thirty campaign is not reading or thinking about exercise – it is doing exercise.
For all the hours I may have spent watching “The Biggest Loser” I haven’t lost a kilo of weight, beefed up my muscles or increased my aerobic capacity.
Find thirty to DO wealth creation
The great news is I think that if you spent 182 hours per year implementing wealth creation strategies you could become very wealthy indeed.
That means that making money is possibly easier and quicker than getting healthy. You beauty!
Even if you split it 50:50 and spent 91 hours per year learning and 91 hours implementing you could become a serious money master. How that would change your life!
Learning is important, but not enough
Please don’t misinterpret me. Your financial literacy is essential to how effectively you manage your money. Your knowledge helps you do the right things, in the right way and at the right time.
That’s why it is often said you don’t need money to make money. You just need knowledge. So definitely keep learning.
Financial literacy (and financial health) also shield you against fear and stress at times like we are experiencing in the economy right now.
Find Ten will just about do it
The great news is that unlike physical health, financial health doesn’t require everyday attention (for most). You can concentrate it in a couple of sessions, so long as you just do it.
I think that you’d be in good shape if you could average ten minutes per day on proactively building your financial health.
Sadly, many people spend less than that over a whole year!
An average of ten minutes could look like this
You could average ten minutes per day if you did this:
- Up to one hour per week ensuring cash flow is on track and within budget. (The better you are the less time is required for this step.)
- One hour per year benchmarking the performance of each of your investment assets (including superannuation)
- Three hours every three years ensuring your personal insurance policies are still adequate
- Four hours per year reviewing and evolving your long term strategy with your financial planner
In fact the more you outsource to a trusted financial professional as your partner the less time you personally need to spend to stay financially healthy.
Let’s just do it
For some people maybe it is time to spend less time learning and more time doing.
The benefits are:
- More money for what you really want to do and have
- Less financial stress (which often leads to relationship stress)
- Happy days
I understand the predicament – there is so much wealth creation information out there that it is easy to become overwhelmed. For fear of doing the wrong thing you do nothing. The problem is that delay is the greatest cost in wealth creation.
The great news is that I have spent the last nine years working out what strategies have the highest impact for the lowest effort. So, for help in taking action with the right strategies for you call me directly on 1300 669 101.