In the United States on July 4th, we celebrate one of our most significant national holiday: Independence Day. On this day we remember how, as a people, we stood up and committed to our personal freedoms. The nation that resulted became the exemplar of personal freedom – and hundreds of other nations followed in its wake. This transformed the world and I believe is still transforming the world.
Who represents those freedoms? Lady Liberty, The Statue of Liberty is more than a monument. She is a beloved friend, a living symbol of freedom to millions around the world. She is a tribute to the ideals she represents, and to the hopes, she inspires.
I’ve been thinking a lot about independence and personal freedoms lately. What does it really means to me? I’ve had certain milestones that marked a few of my first tastes of independence; getting a drivers license, turning 18. Then I entered the 9-5 working world. I thought that world would give me the money I would need to gain independence. Boy, was I wrong!
Are you craving independence? Do you long for the freedom to decide what YOU want to do with your time? Do you ever feel like you can’t quick your job because so much is dependent on it? Or are you ever frustrated because you can’t afford a nice vacation? I was! I knew that wasn’t the life I wanted to lead OR the life I wanted to show my kids was possible.
Today, to me, independence means choices. Not having to answer to someone else. Determining your own schedule, values, and priorities, and living a fulfilling and sustainable lifestyle. Financial freedom! Real estate has produced more wealth than any other industry in the history of time and my vehicle of choice. The beautiful thing is that there are many different ways to use real estate on your journey to independence.
On my journey to independence, I’m learning (and continue to learn) things. Here are a few things that I’ve learned: Take a Chance!, Surround Yourself with Like-Minded People and Take Action! In this article, we are going to cover the first two items. Stay tuned for our next article where we will discuss who you surround yourself with.
1) Take a Chance
That’s right, you’re gonna need to change and grow! And that might mean changing your beliefs around money. Here are some common beliefs around money: wealthy people are greedy; money is the root of all evil; money is not important; starting a business is risky; making money is hard; If you hold any of these beliefs, you’re setting yourself to a tough financial journey.
When it comes to money, we’re all conditioned from a very young age by our environment. We model our parents’ beliefs, we conform to the norms of a society, we learn how to think and act by the media. We act based on past programming. We do all of that and then justify our behavior.
It’s only when I examined some of my beliefs that I could see how my own thoughts were holding me back from creating wealth and abundance. Like many others, including my parents, I believed in retirement at the age of 65. Nowadays, I don’t believe in retirement at all. Why would retire from something I love? Why not lead my life location independent, traveling the world and seeking out new adventures. Why “retire” from that?
Before you commit to creating financial freedom, explore your beliefs around money. Identify which scripts you run and which beliefs you may be holding subconsciously. Once you know what holds you back, create new empowering beliefs and expand them step-by-step. If you can grow your passive income to $100 a month, for example, push on to $200, and keep going from there. Taking baby steps in such a way allows you to push the boundaries of your beliefs around money little by little until you’ve reached your ultimate goal.
2) Surround yourself with like-minded people!
We’ve all heard that saying “Your Networth is equal to your Network.” Don’t only invest in real estate. Invest in relationships. Build your social capital. I believe your ability to build a network of authentic personal and professional relationships is the most important asset in your portfolio. Seek out and work in collaboration with others who share your interests and values will provide a stronger foundation, enabling you to reach a higher level of success than you would on your own.
Look, whether your goal is to focus on your head, your heart or your wallet; remember, building and strengthening your network will help you improve your productivity and true net worth. I encourage you to surround yourself with people that share your values and don’t let your social capital lie dormant. Reinvest it!
It’s within the WREN network that I’ve found the power of leadership of my life. I believe our journey starts with our own courageous steps for our own future. I thank my lucky stars for the women that surround me and lift me up to do more than I ever thought I could.
Watch for our next article which will cover taking my third lesson Take Action toward independence!
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Now, let’s celebrate our independence together! #independent women