Saturday 24 October 2015

Taking a stand "Think Big"

I've recently finished the book Take a Financial Leap by Pete Wargent which was a fantastic read and one I highly recommend to anyone wishing to start taking positive steps in their life to financial freedom and also just altering their mindset to becoming successfully financially. I have read Pete's previous two books and it was good to brush on some of the concepts again and review my investment plans and reassess my life goals.

In Chapter 7 the books discusses creating big goals and I've decided to complete the exercise and post it up publicly so I can be constantly reminded of what I am aiming to achieve in life.

Personal Development Goals

  1. Develop the following character traits - open, honest, friendly, happy, extraverted, confident, successful, respected;
  2. Be a loving, carrying husband and a father who will never let his youth escape him;
  3. Cement important relationship and isolate myself from any negative relationships;
  4. Achieve financial freedom by 40;
  5. Learn to build a business in my passion;
  6. Become aware of the Brisbane real estate market;
  7. Blog 3-5 times weekly on health and fitness, Brisbane real estate and my own investing journey; and
  8. Weight lift 3-4 times a week, ride 1-2 times a week and be in great shape;
Career, Business and Financial Goals
  1. Continue to invest every month into index fund and LIC. Increase investment amount every pay rise (minimum 10%) and diversify portfolio every five years;
  2. Improvement money management skills;
  3. Own an investment portfolio with a net asset worth of $1,000,000 by 40 through real estate, index funds and LIC's;
  4. Become a Lead Structural Engineer with a diverse range of experience in commercial, industrial and infrastructure; and
  5. Find a passion project for part time income that can slowly replace engineering salary.
Adventures, experiences, travel and toys goals
  1. Holiday in Africa and South America;
  2. Ride in New Zealand (Queenstown and Rotorua);
  3. Go to a soccer world cup;
  4. Own a BMW M3 and Range Rover Sport for Em; and
  5. Build family home in St Lucia.
Charitable and contribution goals
  1. Donate to Lifeline charity;
  2. Complete a charity bike ride; and
  3. Find a charity and volunteer once a year to help.
I'll assess these goals every year and provide progress where possible so I can see if I'm at all making it anywhere in life...


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