Growing through life.

 The directions we decide to take through our lives.

We make multitudes of decisions through our lives with the aim to succeed at our accomplishments and make something significant of our lives. The majority of these goals relate to income and  financial stability  and we hope to be able to attain this as early as we can in life.

The problem that most people have is that they do not carry through on their goals and make a lot of negative choices  that inevitably  keep them below their financial comfort zone,  if this happens at a regular basis they can end up in a situation where they can’t keep up with their debts.

The choices we make every day create a continually moving  platform or path that we navigate every momentary  movement of our daily lives.  You can imagine this path can’t you? .  The  path goes up and down sometimes extremely fast like a roller coaster,  it moves to the whim of the multitudes of decisions you make at any given moment.

What is the direction you want to take at this point of your life?. Do you believe that staying on the path that you are on or have been on in the past will help you establish the income you are seeking? An Income that will  help you keep ahead of your debts, allow you take  your family on an overseas trip or buy the home your family deserves.

I am shore there are many things that are on your list that fit into this “I wish I had” category.  I don’t have to remind myself of all the times I have said these words even under my breath and other times where I have had only a half hearted attempt at making those big changes needed.

How to pay off your home loan.

Home loan to pay off!

Many families  have a lot of difficulty finding the kind of work that makes it possible to keep afloat financially  in life. They work themselves into the ground continually doing many hours of overtime to get ahead of  the money pits of life. They feel that they are stuck in the jobs they do because that is the work the people around them have done through generations. Maybe even tied to family business. It is time to get out of the notion that you can only make a set amount of income for a set hours work.

Diversification is an important step towards creating a constant income flow, a number of different income streams that would help maintain the lifestyle of your choosing.

Take the farming community,

We know that in some cases farming can be a very unstable income producers the highs and lows can be extreme. You spend many hours including nights prepairing the ground and planting crops only to find months later after having no rain or other conditions unfavorable for growth  a full years crops can be losses that are heartbreaking.   Extended years of losses can mean that could have financial problems and possibly in extreme debt and the bank takes over the farm because you can’t keep up with the payments and you end up loosing everything.

Farming has its own variety of income streams like my  own families 1500 acre farm where I had spent the 1st 25 years of my life running Sheep, Cattle, Wheat, Oates ,Barley  and sunflowers and other crops like lupins. If the crops fail then you have to dip into the savings to buy feed for all the stock.  If you have had a few good years you would have stored grain and hay to help with the hard times.

financial interests outside of the farm environment can give a more balanced and overall stable financial plan, when in a difficult financial situation with the farm the incomes coming in from outside interest can maintain financial stability.

What are your reasons for wanting a better life?

We all have lots of reasons for wanting a better life,

In most cases those reasons are not brought out to the foreground as a support to boost our motivation and encourage us to make big moves that could  change one’s life.

We all want to improve things as we move along in life, Like constant change, we build something and some processes work and others fail, then we look back at what might have caused the problems and we start to improve on them for the next time.

The same applies with our income and assets, We start our working life wanting to make enough to pay our rent and cover our regular weekly supplies and a few miner extras.  If our first income is only part time or a very low paid full time job then some might find it difficult to put sufficient money away to save for their first car to drive themselves to work.

They are most likely only going to buy a second hand car fairly cheap if it’s really needed to save transport costs or walking distances.  Others may be able to hold off from splashing out on big items until they have saved enough to buy the item that they have had on their dream list and have a set time to save for it.

 

Through our lives we would like to be able to improve on our income and savings each year and even diversify by making incomes from a number of different sources.

To buy a home in the majority of cases will mean taking out a home loan which can be one of our most expensive investments and hopefully we have at that stage the income to support it.

Financial freedom means the ability to finance anything you require to maintain a stable life or family life and increase savings for anything that may come up along the way.

What are your reasons?

Where are you in your financial life.

Where are you financially in your life  right now?

It’s time to think about where you are now in time right now. and where you want to be in one or two years time.     Do you think this is an important topic?    This is a topic that relates to a majority of people.  Most of whom do not know how to get out of their current situation and tend to settle in to a sedentary life  where they don’t like having to cope with change.

They prefer to take the easy ride along the well traveled currents of non excitement through the never ending chaos of life.    Accepting change can be a huge obstacle in many lives. Not asking for a  raise from your boss because you might be afraid that he might sack you instead.  And if he sacks you it will put your regular payments in jeopardy  when your income takes a dive.

Rather than the possibility of that happening the’re  prepared to stay in their always up and down so called comfort zone, being prepared to put up with the occasional debt collector that may pass bye, or having the electricity cut off because they hadn’t paid their bill.

Where do you want to be?

I would love to be able to be financially able to assist my daughter and her family by paying off their home loan, Now while my wife and I are still here and not to have her wait till we are gone. It would be a great benefit for them at this time.

I am not in that position at this time but it is one of my goals for the near future.   I realize how important they are to our ultimate success.  We tend to move in the right direction when we have had a lot of hard knocks and are sick and tired of having to get up from the gutter after we have lost everything we have worked hard for in life.

The question we have to ask ourselves is, How important is it to you at this point in time to find a better income opportunity and to get out of your financial predicament.