7 Habits That Will Help You Reach Financial Stability | Julio Lara | Skillshare

7 Habits That Will Help You Reach Financial Stability

Julio Lara, Simple Steps to a Solid Foundation

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9 Lessons (10m)
    • 1. PL : 7 Habits Introduction

      1:15
    • 2. PL : Clear Goals

      1:36
    • 3. PL : Sources of Income

      1:13
    • 4. PL : Debt

      0:56
    • 5. PL : Saving

      0:51
    • 6. PL : Money Attitude

      1:11
    • 7. PL : Help Please!

      0:56
    • 8. PL : Understand your Means

      1:05
    • 9. PL : Summary/ Conclusion

      0:55

About This Class

Welcome to the Power Lunch Series

My goal with the power lunch series is to give you short powerful classes that you can digest during a normal lunch break. The classes should all be under 30 min and ideally most will be around 10-15 mins to ensure that you get the main concept and can still enjoy a lunch if you are truly using your lunch for the class.

The first class in the series is 7 habits that will help you reach financial stability. This class briefly covers 7 habits that you can adopt or work on to help you reach financial stability.

Your goal should be to look at the 7 habits and really evaluate which habits you are strong in and which you can use some help on. To Help you reach financial stability quicker, focus on those habits in which you are weaker and work on strengthening them.

The great thing about habits is that you can form habits and therefore even if you do not have or possess them right now… you can work on them and certainly make them part of your day to day life.

So enroll now and let’s jump in…..

Transcripts

1. PL : 7 Habits Introduction: Hello and welcome to the power lung Siri's. My goal with power lunch Siri's is to give you short, powerful classes that you can they just during a normal lunch break. The classes should all be around 30 minutes or less, and ideally, most of them will be around 10 to 15 minutes to ensure that you get the main concept and can still enjoy lunch if you're truly using your lunch break for the class. So let's get into first class in Syria's seven habits that will help you each financial stability. This class briefly covers seven habits that you can adopt or work on to help you reach financial stability. Your goal should be to look at the seven habits and really evaluate which habits you're strong and which won't you actually need some help to help you reach financial stability quicker? Focus on those habits and what you're weaker and we're constructing them. The great thing about habits is that you can form, and therefore you don't have to have a process from right now, you can work on them and certainly make them part of your day or daisy life. So let's not wait and let's just jump in and start the class 2. PL : Clear Goals: Our first happened is to set smart, understandable goals and not only to send him but to review them often. So what is a smart goal? Smart girls. Specific. Measurable, attainable, realistic on time bound goal. Again. Specific, measurable, attainable, realistic and time ballon. Goal. One habit that you need to develop its understanding. Your goals. Your goal. Can sheep your attitude towards whatever heating and put you in the right perspective about your financial life. If you do not understand your goal, it's the same thing it's not having equal at all. If you do not understand the goals that you have said, or if you don't have a clear vision as to why you have to go, it will be very, very difficult for you to actually achieve it. Developing a habit of being clear about your financial goals will also create a sense of focus, which is really the reason why you set goals and risk. So let's assume that you aimed at saving $1000. You will outline how much you might have already, and then how you planning toe obtained about that gives you a goal. It gives you focus and it gives you directions. So remember your first habit in the seven habits to read financial stability should be to set clear and understandable calls. 3. PL : Sources of Income: The second happened in the seven habits of financial stability is to look at opportunities for multiple sources of income, just looking for opportunities for multiple sources of income and making that he had The best way to improve your financial life this year is to use your free time to earn extra money. I started looking at areas where you can fill in need and earn extra income in the process . May converting your spare time into an income opportunity. Hey, true having you could freelance for businesses or help people with things they can't do themselves way. We're living in the gig era where more and more people are freelancing. They have extra gates or they have side hustles or side jobs. Make looking for additional income. He happy to strengthen your financial stability. Your second having in the seven habits of financial stability is simply to make it a habit off, looking for multiple sources of income and having multiple sources of income 4. PL : Debt: Our third habit in the seven habits of financial stability is to make that elimination a priority to make that reduction must. One of the biggest obstacles to financial growth is that the problem is that keeps component, making it worse for us to be able to get rid of making it your most expensive liability. Start by paying off the tap each paycheck you earn. By forming this habit, you could become their free in no time. By eliminating that, you will be increasing your network and also your cash wrong. This will help your financial stability as well, and you could release some stress that could be caused by some of your creditors. Your habit number three is simply to make that a priority. To make that elimination, he must. 5. PL : Saving: habit. Number four is simply savings to practice. Saving a making saving he have it. I don't really have to say much about saving, but as you probably figure out, the more you say the more you have when you're retired, unless you will have to worry about that, unless you have to worry about emergencies less that you will have to stress over the unknown and the less that volatile environment would affect your peace of mind. So in a short sentence, just remember to safe. So habit number four practice saving. I can't stress it enough. Just practice saving, practice, saving, practice, say. 6. PL : Money Attitude: your next habit deals with money and how we actually think about money on and the attitude that we have towards it. So your next have it is to have the right attitude about money. Many times we think of money in the wrong way because we see money as the an call. It affects our orientation about it. But you need to see money as what it is and what it's meant to be. Nothing more than a tool. It means to an end. What the end is for everyone of us may be different. For most, it might be happiness, while for others it's simply a comfortable lifestyle. But change your minds it towards money. Remember, money is just a tool to help you reach your financial stability to help you reach peace of mind to help you retire. If that is your goal to remember, money is just a tool. So your habit number five. It's simply to think of money as he told, make a habit of thinking of money. In the right context. It is just a two and means to an end 7. PL : Help Please!: habit. Number six might be a little interesting to some, and it might actually be a little uncomfortable for some others, and it is simply to ask for help. Ask for help. Get into the habit off seeking advice before making any major financial decision. This will help you avoid making any decision that you end up regretting Mitterrand. Will you make it a habit of seeking financial advice? You'll be less likely to take financial risks that could hurt your lifestyle. If you don't like the idea of asking for help, think of it as asking for mentorship counseling or advice. So you haven't number. Sex is pretty simple. Make it a habit to ask for help. Don't be afraid to ask others that have been through your situation for advice, constantly or ideas. 8. PL : Understand your Means: our seventh and final happy. It's simply to make it a habit to live below your means. Any wealthy individuals master the habit of living below their means way before they became hugely successful. A lot of wealthy individuals prefer to live a frugal life. Stop now. I know we hear fruin, sometimes with crunch, but for Will just means being smart about your money. Being smart about your resource is for Will can help you created financial lifestyle that's easily manageable. It can leave you with enough money and time to invest into your business and relationships . And that's what good money habits are all about. Make sure they live below your means. You know if you will be able to have a lifestyle that you really, really comfortable with. So finally, haven't Number seven is simply to be smart about your money. To be money smart, to live below your means. 9. PL : Summary/ Conclusion: So there you have the seven habits to help you reach financial stability to remember, have clear goals, have multiple sources of income that elimination, saving the right attitude towards money. As for help and live below your means, simple habits say you could start farming as soon as today. I just wanted to say thank you. Thank you very much from the bottom of my heart. Thank you for your time. Time is a very valuable asset that we have very, very limited amount. And it is very appreciative that you decided to take your time to go. Does this course if he really enjoyed the class and you think it will benefit others? Police review it and I actually do take into account their recommendations are meeting the reviews. Have a great day. Have a blessed day, I think