ClubFreedom

In the Eyes Wide Shut article, I described the games people play with their finances. The purpose was to make people aware of the financial path we are all on and to help readers determine what path they want to be on. I highlighted the difference between a default financial future and an intended financial future. This article is for readers who want to commit to an intended financial future and are ready to take the next step.

I want to pause here for an important aside: I had intended to explain the rules and tactics used to master the financial “games” of Wealth, Financial Freedom, and Retirement (which I’ll collectively refer to here as "Wealth"). But I realized that the first play in the playbook isn’t learning the strategies—it’s how to shape a winner's mindset. That includes understanding the rules, acquiring the right knowledge, forming the right wealth team, and committing to the practice. So this article will cover that first play.

Understanding the Rules

Rule #1: There are four wealth strategies: Read the rest of this entry »

Everyone has a financial future. We are either consciously creating that future or unconsciously accepting a default financial future. An intended future, one that meets our needs and wants, requires a plan. Here’s a sports analogy: Think of your financial goals as playing a game. We need to understand the rules of whatever game we are playing and to have a conscious plan to achieve the outcomes we desire. Otherwise we are merely hopeful about our financial future.

This article will explain not only how to recognize the financial path you are on and what game you are playing, it will give you strategies to optimize your chances of reaching a desired financial future.  

FINANCIAL SURVIVAL

I call this the default game. It’s one that people play unconsciously, because we haven’t chosen any other future. Many people play this game because they’re afraid of the risks of playing and losing any other financial game. This game, however, actually carries the greatest risk. Read the rest of this entry »