Are You Living 'The Life'?

Why is it that things just seem to work out for some people?

Some people are just plain lucky and all the best opportunities seem to go out of their way to place themselves at the feet of these blessed people that are constantly at the right place and in the right time. These people always have nice houses, nice cars, really well behaved kids smothered in the best label clothes and don't seem to have any problems other than which restaurant do we try next. They are either on holidays or are planning the next holiday and asking you if you could join them. Why is it so?

When it comes to finances it is very, very likely that the couple referred to above made decisions around how to get their money working for them and providing the means so that they could live the lifestyle that they want. Not only did they make decisions but they acted on those decisions. For most of us we let life lead us so that we are in a constant state of reaction to events and situations both in the short and long term. The key is to get control of our lives so that we are not reactionary but proactive in setting our goals and direction and taking action to fulfil them.

"We cannot become what we need to be by remaining where we are" Max Dupree

Most of us know that property increases in value over time and that property investing can create wealth. We generally don't have to prove the property story, we just have to explain it. Once explained, the average working person can see that it is meaningful and appropriate to their own situation and financial profile and that it is then just a matter of getting started and putting the right systems in place.

7 Reasons Why People Succeed Financially:

Successful people:

  1. Acquire Knowledge. Ignorance creates unsubstantiated fear.
  2. Act. Applied knowledge is the key.
  3. Borrow money to acquire assets that increase in value.
  4. Establish clear goals and implement a plan to achieve them. They do not follow the crowd or the latest media hype.
  5. Do not have a 'Must Have Now' mentality.
  6. Do not confuse a good income with financial independence. Income = lifestyle, assets = wealth
  7. Have a positive mental attitude.
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Published on April 4-th, 2008 in Property Investment
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.

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