Sometimes being poor is a state of mind. Sometimes being poor seeps into your brain and takes over.
It’s one of the hardest mindsets to break out of. Of course, there are times that people experience extenuating circumstances that leaves them literally and figuratively poor.
But the kind of people I’m talking about are those that have steady jobs and incomes, they may even own a property or two. However, they still lose track of where their money goes week to week and likely rely on credit cards to cover the cost of regular expenses.
Becoming financially comfortable or even wealthy affords you options in later life and this is something we should all strive for. There is not a top-secret formula that someone forgot to tell you, there are just three steps.
Step 1 – Spend less than you earn every month
Step 2 – Invest what you save in growth assets that compound in value over time
Step 3 – Repeat process It all sounds so simple, doesn’t it?
Except that we live in a world where everyone wants your money and they are relentless. And as humans, we continually stumble. A small subscription here, quick diversion through the fast food drive-thru there, direct debit gym membership we never use, the list goes on. And so we turn around and ask – where did my money go? Say goodbye to traditional budgeting tools that don’t help and hello to the Edge Lifestyle Manager. The Edge Lifestyle Manager will make you realise where every single dollar you earn is going and it will show you point blank where you spend most of your money.
Will it shock you? Probably.
Do you need to see it? Most Definitely.
Until you see the big red figures (rather than green) on your cash flow, you really won’t feel that sense of determination to make a change.
Our clients, Emily* & Jim* linked their savings accounts, credit cards and loan accounts to the lifestyle manager. Using its cloud accounting software, the lifestyle manager tracked the couple’s spending habits into multiple categories such as groceries, fast food, clothing and loan repayments. After seeing just how much they spent on fast food each week, they changed their habits and directed those funds to their savings account instead. Week by week they got closer to their savings goal to establish a deposit for an investment property. Of course, they are human so fell off the bandwagon a few times. With the Edge Lifestyle Manager savings goal reminders, they received emails on a regular basis reminding them of their long term goals.
I am offering you COMPLIMENTARY ACCESS to the Edge Lifestyle Manager and a FREE Superannuation & Risk Cover Review.
Is cashflow tight? If you are struggling now, how would you cope if you or your partner were unable to work due to illness or injury?
Do you have sufficient risk cover insurances to cover you if the situation occurred?
Do you even know what risk cover insurances actually cover you for?
With my FREE superannuation and risk cover review, we will look at any automatic insurances you have inside of your superannuation already along with any insurances (such as income protection) you are paying out of your own pocket each month.
Most risk cover insurance policies can actually be funded by your superannuation account, so don't assume that you can't afford it if cashflow is already tight week-to-week!
PLUS - with complimentary access to the Edge Lifestyle Manager, you will be able to utilise the budgeting features immediately.
Don’t wait another day – claim your free access to the Edge Lifestyle Manager now by sending an enquiry through our contact us page today.
