Hey REALTOR, how are you right now ?
Really, how are you doing and feeling right now with the market shift ?
With the amazing market we had for 18 months (after COVID hit),
Have you set aside some money to protect for this type of market...
Are you up to date with your taxes...
Have you set money aside for upcoming taxes...
How do you feel with the unpredictable income...
Are you stressed about your finances...
Are you feeling CONSTANT pressure of making more deals...
OK OK, enough Vince with this awful and hurtful questions.
I HAVE GREAT NEWS FOR YOU
I totally get you.
Since i started Real Estate back, i have been very fortunate and busy even though our very tiny small market.
I've helped 300 families buy/sell in 3 years as a SOLO AGENT.
The more money i made, the higher the goals were, the stress i was when January came, because numbers goes to zero.
I knew then all the work i needed to do and go threw if i wanted to surpass my last year's goals.
Year over year, i was doubling my business, and i knew at some point i would hit a high ceiling in my community.
LET ME SHARE YOU A LITTLE STORY
One Sunday morning, in our bed, my wife just simply told me 'Vince, the less time you are around me and the girls, the less we care that you are away''.
So why am i sharing you this story with you right now, well it was my turning point in my life.
I knew then, that i was sacrificing time with my family to make more deals, to satisfied my hunger to never be satisfied about money i was bringing in.
I needed to go deeper within my self and really understand why i had fear of running out of money, to loose all my money, to retire without money.
That inner work started.
The beginning of my peaceful financial journey.
I am reading books and books about finances, profitability, build businesses, have a cash flow system, get more time, being able to build my own business and build a profitable team.
So my 20+ years in business, 5+ years as a Real Estate Agent and my passion (and fear) about money made me realised that the most important in my life is MY FAMILY.
Sacrificing my family in my search of over working, always searching for the next deals, making more, never be satisfied with what we have. Thinking, we didn't have enough, in fact that i was never enough.
That's when i focused on ONE THING, to realize that i WAS ENOUGH.
By being enough, i came to realization we had enough too.
To satisfy this feeling of stress and anxiety, i first needed to understand they are living inside me.
To not be ashamed of those feelings
I needed to learn to dance with those feelings.
AFTER THIS HARD REALITY, i started to look at our own finances, to really see our family's expenses (which i call PERSONAL LIFESTYLE NUMBER).
Knowing our PERSONAL LIFESTYLE NUMBER; was the foundation to my peacefulness.
This number is the real family's expenses from your bank statement.
Take you past 3 months from your bank statement, calculate all the expenses, including the credit card payments (assuming you pay fully your credit card every month).
Do an average of the 3 past month's expenses.
Multiply this number by 12 = PERSONAL LIFESTYLE NUMBER / YEAR
This number is the foundation to be at PEACE with your FINANCES.
NEXT WEEK'S BLOG, I will go over BUILDING YOUR BUSINESS CASH FLOW and REVERSE ENGINEER your PLN (PERSONAL LIFESTYLE NUMBER) in your business so you know exactly how much deals you need to do next year to be able to live your LIFESTYLE.
Please comment below if this new lifestyle resonates with you.
Send me your questions at firstname.lastname@example.org about anything.
I am here to help you and guide you in this path to CREATE YOUR BEST LIFE.
See you next week :-)
🎯 PS* Watch this video that explains how to calculate your Personal Lifestyle Number 👇
MY BIG PROMISE TO YOU
Helping You Keep More Money with Less Stress Therefor Giving You Hope To Build Your BEST LIFE