Checkpoint 4
Financially speaking, you have traveled a LONG way, since our journey together began.
By now you have had the opportunity to find purpose in your life (something that 99% of people NEVER find), and you have been able to put an exact Number to it.
More than a Number, you also have had the opportunity to select a date that you finally want to be free of having to work for a living.
Even more than wishing and dreaming, you have also been given the opportunity to create the very financial foundation upon which your future life will stand:
– Whilst most struggle to pay themselves once, you should be paying yourself twice: once inside your retirement plan (to create an effective insurance policy against near-term emergencies and long-term financial disasters) and again outside,
– You should have mastered the critical financial art of delaying gratification, by giving yourself the space to apply rationality to your financial decision-making,
– You have given yourself the choice of three sensible places to ‘park’ your spare cash, while you take a little time out to plan your financial future (the subject of the next Module of this Guided Learning Experience), and
– You have started to take real control over your debts.
If you have achieved all of these things, or have at least taken some concrete steps along the way, then I cannot guarantee that you will become wealthy, but I can guarantee that – even if your plans fail – you will always fall on your feet.
By the time you have finished implementing everything that I have shown you in this Module, you will have achieved something that only a handful of the people that you know (if any) have achieved: you will be virtually financially bullet-proof.
Now, that’s an accomplishment!
But, nothing like what you will accomplish by the time we complete the next Module …
Task 1: Take a look at the work that you have undertaken since the last Checkpoint: What Has Worked? What Has Not Worked?
