a proven vehicle to take you to your wealth · 2019. 7. 3. · - a proven vehicle to take you to...

- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -

www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD



Part 3 | Your Wealth Blueprint

- The 10 Parts of the Vehicle to Take You to Your Financial Freedom -

FINANCIAL FREEDOM IS HAVING CHOICE

Financial Freedom Secret # 15 -

“Being financially free is living a life of choice

for yourself and those you love.”

Financial freedom is where you get to choose how you spend your time,

energy and creativity and you work because it lights you up not because

you have to.

The choice to travel and have adventures whenever you want, the choice

to read a book when you want to, to share a meal with friends and family,

to contribute to the things you feel passionate about, to treat yourself and

those you care about to life’s luxuries and pamper yourself without

worrying about the money or your future wellbeing.

This is what this workshop is about - enabling you to create this choice in

your life and break free of the burden of financial worry.



I understand deeply the cost of not having this choice…

• never knowing for sure if you will be able to stop working or if you will

be safe and secure in your old age let alone ever afford the lifestyle you

really want;

• depriving yourself and not doing the things that really juice you or

feeling guilty when you do because you’re afraid there isn’t enough;

• worrying that in your old age you will be a financial burden on your kids,

your family or friends;

• stressed that if you were retrenched or lost your job or ability to earn

income you won’t be able to cover your bills and repay your debts;

• sleepless nights thinking about what would happen to those that

depend on you if something happened to you;

• frustrated at not being able to help those you love and the causes that

mean so much to you because you just don’t have the money;

• not even knowing if you should be panicking because it all feels so

overwhelming and you have no idea what is needed in your financial

freedom plan or what you should be focusing on so it feels easier to just

ignore it and hope it’ll all be okay.

I understand this, because there was a time when I felt all those things and

I am incredibly grateful that all those worries, anxiety, frustration and

confusion around this money stuff are no longer a part of my life.

For the last 13 years I’ve been financially free, and have been helping

thousands of people create their own financial freedom vehicle.

By understanding what the 10 parts of the financial freedom vehicle are

and how to put it together they are all now well on their way to financial

freedom and too you will be too.



BEWARE OF THE TWIN BARRIERS TO YOUR FREEDOM

Barrier #1 – “Hope” is your financial plan

You know this barrier is blocking you if you’re working really hard, putting

all this effort into earning an income or building a business, but seeing very

little or slow progress in your actual wealth accumulation. You work and

work, but because you’ve never been taught about the world of creating

income generating assets and have never been shown the how to put the

financial freedom puzzle together, the result of all that effort flows straight

out of their life again and you keep hoping that somehow you’ll be able to

stop working and it’ll all be okay in the end.

The hope wealth strategy does not work.

In almost every case you end up at the end of a long hard career without

achieving financial freedom.

Barrier #2 - Analysis Paralysis

You know this barrier is blocking your freedom when you spend ages

researching, evaluating, getting information, waiting for the perfect time,

never quite feeling confident enough to start taking action. You stay stuck

in doubt and uncertainty, worried about getting it wrong.

• Should you focus on getting rid of your debt first?

• You should start investing but in what?

• What about financial emergencies?

• Maybe I don’t have enough insurance or maybe I’ve got too much?

You stay stuck in doubt and uncertainty, worried about getting it wrong.

Back and forth you go until you are so exhausted, confused and

frustrated - you end up doing nothing. Before you know it, months, and

years have past and you still haven’t figured out and all that has

happened it you’ve got even less time on your side.




“Analysis paralysis will be the absolute death of your freedom.

Not doing anything because you’re afraid of getting it wrong or losing

is a sure fire way to stay locked in the prison

of working hard for money forever and losing the life you should be

living.”



YOUR FREEDOM QUIZ

Check to see if one or both of these barriers are blocking your freedom

right now. Answer the following questions:

1. Three years from now, will your financial situation be substantially

better than it is now?

YES

NO

I HOPE SO!

2. If you’re in debt now, will you be debt free or at least well on your way?

YES

NO

I HOPE SO!

3. Do you know how you’re going to achieve this?

YES

NO

4. Three years from now, will you have significant asset generated income

flowing into your life?

YES

NO

I HOPE SO!

5. Do you know how you’re going to achieve this?

YES

NO

6. Do you know which asset class you will start with?

YES

NO

I want to invest but I’m worried I’ll get it wrong



7. Three years from now, will you have much more freedom to do more of

the things you want to do than now?

YES absolutely - I have a plan and know the steps I’m taking to

make it so

I HOPE SO!

I HAVEN’T GOT A CLUE

8. If we meet three years from now, will you be happy with your progress?

YES

NO

I HOPE SO

If you answered YES to all of the previous:

Congratulations - FREEDOM IS ON IT’S WAY.

If you answered NO or I HOPE SO to most of the questions:

Your freedom is being blocked by hope or analysis paralysis or simply not

having the knowledge and skills to make it happen!!

Unless you make a change now and create your 10 part freedom vehicle

there is a strong chance you will not achieve your own financial freedom.


“If you think education is expensive - try ignorance.”

The 10 parts of your Freedom Vehicle



PART 1 : FOUNDATIONS

The first piece of your vehicle are your Financial Freedom Foundations.

Without these all the wealth actions you take will be wasted.

Your financial freedom foundations consist of 5 blocks.

Your income statement - which shows you what your money is doing and

how well you are managing it. It shows you what income you have coming

into your life and where it’s going to. Without this information it is

impossible to give your money leadership and direct it to creating the life

you want. It also tells you whether you are making a profit each and every

month. If a business isn’t making a profit it won’t last long. Remember you

are the CEO of the most important business - YOUR LIFE.

Your balance sheet - this tells you your net worth which is the difference

between your assets, your passive income businesses that earn money

for you and your liabilities - your debts that cause money to leave your

life. Your net worth is the key indicator of how well you are doing on your

wealth journey.

Your big why - you have to have a strong, compelling reason to create

your financial freedom - this is the lighthouse that keeps you focused and

moving towards the life you really want.

Your financial freedom vision - is completely unique to you and details

what a wealthy life is for you. You must get really clear on what that is,

because without knowing this, you will get pulled here and there by other

people’s definitions of success and wealth and what you should and

shouldn’t do.



Your Credit Report - out there in the world there is a big report containing

all your past financial history and this is used by banks, insurance

companies and retailer to determine how good they think you are with

money. A bad credit report can seriously restrict your financial freedom

because it impacts the deals you are offered. So make sure you get your

credit report and get an updated one annually.


“If you don’t design your life, someone else will and there’s a good chance

it won’t be the greatest version of what is possible for you.”

PART 2: THE SIZE OF THE FINANCIAL FEAST YOU’RE CREATING

You can’t start a journey if you don’t know where you are headed.

How much asset generated income do you need to never have to work

again?

What value of assets do you need to earn that income for you?

If you don’t know the answer at least you can be comforted by the fact

that you’re with the majority of the population who also have no idea

where they are headed. This is also why less than 5% of the population

ever achieve financial freedom. If you don’t know the size of the feast you

are creating and what it is going to be made up of you will be trapped

floundering around in the dark.



PART 3 : WEALTH PIE

Have you ever felt that there seems to be no money available to:

➢ have any fun?

➢ invest in yourself and your growth?

➢ save for those bigger expenses like the kids education, a wedding, a

deposit for a home, a special holiday you want to take?

➢ Or for those to be expected unexpected life events that seem to

come along at the worst possible moments financially?

How can you get free of debt and start investing when there doesn’t seem

to be enough money to just keep going now?

If you’ve felt any of these things, you will love Wealth Pie.

Wealth Pie is a system of carving up the income that comes into your life

in a way that ensures you have money directed to each area of your life

enabling you to live the life you want now and ensure your financial

freedom is sorted.



PART 4: SQUEEZING THE JUICE

Squeezing the juice is all about becoming very savvy with money and

discovering what really juices you and how to get more from the money

in your life. Everyone of us have rats in our wealth pantry - those things

that eat away at our money and by squeezing the Juice you clear these

from your life so you’ve got more money to direct to the things that do

add value to you.

Financial Freedom University students find on average between 15% and

20% “extra” just by getting this piece in of their freedom vehicle in place. A

15 to 20% increase in income without doing any more work!

PART 5: BLITZ THAT DEBT

Clearing consumer debt out of your life is like the filter and exhaust

system clearing out the stuff that blocks your progress. As important as it

is to get compounding working for you, it is as important to ensure it isn’t

working against you in the form of consumer debt.

In Part 1 of this workshop we went deep into how compounding works

and why you absolutely have to have it working for you and not against

you and if you’ve got consumer debt it’s working against you.

Having this part of your freedom vehicle in place means you will be free

of debt including your mortgage in just 3 to 7 years. Totally free of debt -

how cool is that?



PARTS 6, 7 & 8: YOUR ASSET ENGINES

This is the engine of your financial freedom vehicle - where you create

assets that will earn income for you.

There are different types of assets which can earn income for you - your

stock market assets, your investment property assets and your passive

income businesses.

Your aim is to have at least one of the engines in your life. Without at

least one asset class earning income for you, you will never be able to

stop working. But having only one engine can be risky - the stock market,

property market and business markets go up and down. Having two

streams of income from different asset classes protects you and better

still three asset generated income streams ensures you never have to

worry about your financial wellbeing again.

PART 9: PROTECTION PATE

For many people this vital part of their freedom vehicle is missing and

they either aren’t properly protected or don’t really know what they need

to ensure they are properly protected. So even though they may have

wills, power of attorneys and insurances in place, that anxiety still lurks.

Protection Pate is knowing how to protect yourself, those you love and

your assets as you create your financial freedom. When you know what

insurances you do and most importantly don’t need and you’ve got your

wealth documents in place you can breathe out and relax knowing you

and your loved ones are sorted if anything had to happen to you or your

ability to earn money.



PART 10: MASTERY

On a cold, wet day I discovered the most incredible concept, the concept

that if something isn’t working in our lives we can change it, not by

changing it outside but by going inside ourselves and changing that first.

The skills to change who we are inside, the concept that we can define

our own destiny and that we can master the greatest power on earth, our

own minds. This is the final part of your freedom vehicle and the part that

will make all the other parts work together and create your freedom.

Self-mastery is understanding you are the greatest asset you have and to

increase your wealth you must expand yourself first.

The quickest way to achieve anything is to stand on the shoulders of

someone who has already achieved that in their own life. Bring teachers

into your life in each area you want to grow and learn, attend training

courses and live events regularly and continue to expand the best

greatest asset you have - YOU.




“You are your greatest asset and your greatest liability.”

The beliefs you hold about yourself, about money, about investing and

wealth will either propel you to freedom or keep you trapped. Uncover and

challenge the beliefs you hold about money to free yourself and create

wealth.

This is what mastery is all about and you’ll do exactly this when you bring

this part of your freedom vehicle into your life.



IT’S TIME TO PUT YOUR FREEDOM VEHICLE TO THE TEST

Answer the following questions:

If you knew your wealth was expanding, if you had money to do the

things that really juiced you, if you saw your debt shrinking, if you knew

those you loved were protected, if you knew you had a solid plan to

create your financial freedom and felt confident about how to create

assets that earned income for you and knew with certainty that you will

be safe and secure in your old age and live the life you really want…

…how much would that be worth to you?

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Imagine a world where lack of money was no longer a reason for holding

you back. When each person can look after themselves financially. A world

where you never had to be dependent on anyone else for your own

financial wellbeing.

Imagine if not having the money was no longer an excuse you could use

for not doing the things you say you would love to do?




“If you have the wherewithal to earn money by trading your time,

energy and skills for it, you have the wherewithal to create financial

freedom.

If you have the privilege of earning money, you have a responsibility

to learn how to make it grow so you can get on with

making this world a better place.”

Step up and live a life that you love, dive into this amazing world of asset-

generated income with me.

In session 4 I’ll share with you how you do just that.

a proven vehicle to take you to your wealth · 2019. 7. 3. · - a proven vehicle to take you to...

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