Season 4, Episode 69 :The Untold Secret to Setting Goals That Build Real Wealth
Update: 2025-01-22
Description
Most New Year resolutions fail because they lack actionable steps. Goal setting, coupled with planning, is a more effective approach.
With a focus on property investing. Key points include:
The Life Quadrants Method:
Cam explains his framework for goal setting:
- Lifestyle: Desired vacations and leisure time.
- Relationships: Quality time with loved ones.
- Health: Dedicated time for fitness and well-being.
- These goals are quantified into a required annual passive income, which guides investment strategies.
Personal Experiences with Goal Setting
- Cam started with a goal of $200,000 in passive income at 19, using property investing as a tool to achieve it.
- Al used visualisation techniques, like placing reminders around the house, to stay focused.
Encouragement for Setting Financial Goals:
- Clients are encouraged to work backwards from their desired passive income to set a clear investment roadmap.
- Achieving financial independence requires a combination of a vision, action plan, and commitment to the process.
Inspiration Through Hard Work:
- Cam shares his journey of working multiple jobs to save his first deposit, emphasising that determination and strategic planning make property investment accessible.
- Listeners are encouraged to set clear goals and take action for financial freedom.
Facebook: http://www.facebook.com/opencorp
Twitter: @OpenCorp_au
LinkedIn: https://www.linkedin.com/company/opencorp-au
Instagram: @OpenCorp
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