Do you sometimes wake up in the morning and think “Not again – when will it get better?”
Optimism and adrenalin seem enough to keep us going when we are younger but as we get older we start to question whether we are doing the right thing, well, some of us do. Some people just keep doing it over and over until they die – like hamsters in a wheel.
But is it possible to achieve financial freedom? Is it something that the average person can achieve or are we destined to be canon-fodder for over-taxing governments? Will it always be someone else driving the big flash car and jetting off on the exotic holidays while we wonder where we will find the money to pay the car tax at the end of the month.
(Actually, one in fifteen drivers in the UK currently can’t find the money to pay their car tax, whilst one in twenty don’t pay car insurance).
Is there any hope for the little guy?
The first ‘tablet’ on the road to financial freedom is to understand that the ‘system’ really is stacked against you. Most the concepts that you have been sold on over the last fifty years are completely untrue.
- Most people will not make money from the stock markets.
- Most people will have large parts of their pensions stolen in fees and taxes.
- Most people will not retire to find that their endowment policy will do what was promised.
- Most people will not be able to live off the state pension.
- Most people will pay more tax than they need to.
- Most people will die poor.
Sounds quite horrendous when you spell it out like that – but it is true. The system is not geared in your favour, the system is geared against you and it is only when you start to play the game differently that things start to get better.
When people say “What can I do to make money” they really mean “How can I make enough money so that I don’t have to keep struggling all the time. The difference is not getting enough money to get by THIS MONTH, but getting enough money to get by EVERY MONTH.
Can it be done?
Yes it can but it requires you to change your ways of thinking and acting – so easy to say, but not so easy to do.
If you keep doing what you have always done – then you will keep getting what you have always got.
If you haven’t achieved financial freedom now, it is unlikely you ever will if you carry on doing what you have always done. If it was working it would have worked already by now wouldn’t it.
If you can’t accept that then you need to look elsewhere for the answer. If you can accept that change is required then there is hope.
The next step is to understand HOW you can get the dice loaded in your favour.