Ah Monday! Another day another dollar – do you have to earn it yourself, or are your investments now earning it for you? Welcome to our final Monday Challenge, our budding investors! The beginning of a new week and a new phase of your lives where you’ve found the courage to start building your investment portfolio. Or, still dreamin?
Maybe it would help to take a look at which stage you’re at in your working life:
You’ve left school, started a trade or finished uni – and earning a wage barely enough to cover a night out at a club! Although you hope that working 18 hour days, 24/7 will soon have you earning decent money, you’re beginning to realise that – working for someone else sucks!?
Your career’s progessing, but the thought of spending another 20 years doing the same thing doesn’t have you leaping out of bed. Or maybe the changing nature of work and increased competition mean that your job is not secure. You need to reinvent yourself, upskill. Whatever it takes to stay employable and maintain your lifestyle, and that of your partner or family. Or worse still, perhaps a life tragedy – death, divorce, accident or illness have changed your life forever and you need to somehow earn more money.
You’ve retired, or about to – either voluntarily or not! But looking at your superannuation or retirement nest egg, it’s unlikely to sustain you. Especially due to government changes to taxation, pension or superannuation laws. Or you too suffer a change for the worse in your circumstances. So that overseas holiday, helping out the kids, or even a weekly dinner at a nice restaurant – are all looking pretty unlikely!?
Over the past 3 weeks we’ve covered a lot of investing issues. Some things you may have already known, others not. Whether you’re a doctor, nurse, lawyer, accountant, tradie, looking after the family at home – it makes no difference. We hope you now understand that relying solely on your own efforts for income is for mugs! And that if you start investing – buy some shares, an investment property, start a business, or even question whether your superannuation is being managed properly – you’ll have more choices in life.
But perhaps you’re still struggling? Investing is a little too complicated? You don’t know where to begin? You don’t have the time, aren’t quite ready? It’s all too hard – we hope not!
Tomorrow we’ll show you it’s never too soon, nor too late, to get your money working better for you. And that you can achieve financial freedom and independence. No regrets, no B.S., no boot camps!
And if anyone tries to tell you otherwise – tell ‘em they’re dreamin!
Decide whether or not you will to take steps to change your current financial circumstances.
Love to get your feedback – email or leave a comment.
I’d also be delighted if you find BiG and my work helpful, and share it with friends, family and others who want to build on their investments. (Just click on the “Subscribe” green button to the right and be part of the Challenge and receive our updates – free!)
All the very best with your investing!
the Bucket List Investing Chick
Finale! Day 30 BiG 30Day Investing Challenge – Investing BiG Regrets | Investing B.S. | Investing Boot Camps
Where we’ve been – 30 Day Challenge Blog overview:
Day 5 – Who Can You Turn to for Investing Help? People and ‘Players’ in the Investment Industry (Day 7-8 W/E)
Day 12 – Part 4 Less Regulated Advisers – Analysts, Commentators and Gurus (Day 13-14 W/E)
Day 19 – Who are the best investment gurus? Part 4| Choose a Guru (Days 20-21 W/E)