My Financial Mountain: Foundation - My Engine | Julio Lara | Skillshare

My Financial Mountain: Foundation - My Engine

Julio Lara, Simple Steps to a Solid Foundation

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12 Lessons (26m)
    • 1. Foundation Intro

      1:17
    • 2. Foundation Action

      1:36
    • 3. Foundation Engine

      2:08
    • 4. Foundation My Engine

      3:00
    • 5. Foundation Engine Creation

      1:49
    • 6. Foundation Sample Engine

      4:26
    • 7. Foundation Work on Engine

      2:50
    • 8. Foundation Engraving my Engine

      2:33
    • 9. Foundation Final Thoughts

      1:24
    • 10. Foundation Engine Summary

      1:47
    • 11. Foundation: Short Story

      2:56
    • 12. Thank You

      0:26

About This Class

This course should be your first step in  personal finances.... 

The course will guide you on working on your financial foundation. Your mindset, more specifically on your personal financial engine. If you have financial difficulties, if you want to know more about your personal finances, if you want a method to follow and reach financial stability... this course is for you.

It is a very simple course but very powerful.  By creating your engine statement you will be able to get more focus, direction, inspiration and motivation on the financial journey.

Who is the course for?

The course is designed for anyone that wants to learn more about their finances.  It is general enough so that anyone can jump right in and it is simple enough that there are no prerequisites.

The course IS NOT:

  • It is not an in depth financial planning, financial advising, financial cover all course.
  • The course is not designed to make you a financial wizard.
  • The course does not go into great details on methods and application.
  • Do not expect that the course will answer all or even most of your financial concerns. 

The purpose of the course is to help you create your personal financial engine statement.  Your first step to a solid financial and personal foundation.

Join us..... Enroll Now!

Transcripts

1. Foundation Intro: Hello and welcome to my financial mountain, Siri's. This class will focus on the first stage of the Financial Mountain Foundation and specifically on our mindset. My name is Julia, and I'll be your guy for instructor through this course. So what is this course all about? The course tries to go in detail on one off the main steps on our financial journey. The goal is to have you understand what is the financial engine and create an engine statement. The course is designed to help you solidify your finances by starting with the right mindset. The course is designed for anyone looking for financial stability. You could be a novice or an expert in finances, and chances are you still be able to get something out of the course. Like everything in life. You get back what you put into their fourth and more, and for that you put into the course, the more you get out of it. So let's get him 2. Foundation Action: It is very important that during this training course, you funnel the trainings and you take action. As you take action, you will see how your family's financials will change, how your financial urgency will change, how you financial mindset will change. So why bother and take action anyways? Well, we normally get information by reading hearing for seeing it, and studies have shown that we usually only retain about 10% off what we read, 20% off what we hear, 30% off what we see. But then it increases to 50% off what we see and here and over 80% off what we see. We hear, and we do so. The reason why I'm mentioning this is because we're going to go through a lot of information. But all the information in the world is going to be useless if you do not apply it or take action. My goal is to motivate you to take action and to take action immediately in order for you to retain as much as possible. You're also encouraged to go through the course as many times as you need and remember that repeating or repetition is the greatest tool for retaining information 3. Foundation Engine: So let's discuss the main purpose off this class an engine and creating an engine statement , specifically financial engine statement. And you might be wondering, what is an engine? What does an engine have to go with? Finances? Well, an engine is a machine that generates energy and converted into power or motion me time to think about our vehicles or cars, or those motorcycles are lawnmowers. They'll have engines, and the engine is what actually drives it. What helps propel, helps and move. So we need to create the same thing for our personal life. We need to create our personal engine. Our personal engine is that machine that's going to generate energy within us to get us in motion and taken action in life, especially in finances. One of the worst things that can happen is that we're paralyzed for immobile and I don't mean physically, but I mean emotionally, spiritually. If we're not moving forward, then by definition, for moving backwards, am I wonder why. And that is because everything else around us will continue to move and evolve. Just because I'm not moving doesn't mean that the world is going to stop. Things will continue moving And that's why if you know, moving forward, you are moving backwards because everything else is gonna leave you behind. So just because we stop or we fail to take action does not mean that everything around us is going to stop us. Well, So in order for us to get over home over an obstacle to get moving to prevent paralysis, we need an engine, an internal engine that will keep us moving forward even if it is at a very slow pace. But that will give us energy and power for us to keep moving. 4. Foundation My Engine: So now let's personalize it a little more. Instead of just thinking about an engine in general, think about your engine and what is your engine? Your engine is that thing for that place that when you hear it when you see it, when you think about it, it gives you a jolt of energy to take action and that it keeps you motivated. So to create your engine, think about your vision. Think about your goals. Think about your dreams. Take a snapshot of your life today and answer the following questions to yourself and you could write them down. Are you where you thought you would be today again? Are you where you thought you would be today? Yes or no? And why, yes, Or why not? What kind off lifestyle? It's a dream off again. What kind of lifestyle did you dream off? We will have dreams. We'll have goals one way or another, either written or not written, but within us we have goals and we have dreams. So are you living your dreams? What kind of lifestyle or dream did you dream? What inspires you? What gets you going? What motivates you? What inspires you and finally, why are you looking for family for personal finance information? In other words, why are you doing this course? I know that it's not because of my voice. I know that it's not because of my graphics. I know that it's not because anything related to the course itself attracted. There's something deep within you that has to do with finances. Either you want to improve your family, your personal finances or you want to learn more about it. But there has to be a reason to it and write it down. Or think about why are you looking for family or personal finance information? And those questions will help you later on to create your engine. So remember the engine. Is that situation a vision or a dream that keeps you motivated? It helps you achieve, no matter what your engine could be. Your family. It can be your current financial needs. It could be getting out off that it could be not wanting to live paycheck to paycheck. Or it could be just wanted to help others giving to charity having freedom or leaving a legacy just to mention a few, and noticed that those air financial goals financial engines because obviously this is a financial course, the more than that we need a specific, clear vision that will serve as our end. 5. Foundation Engine Creation: So now let's start working on creating our own engine. Let's take a few steps into it. So think deep and be honest with yourself when answering the following questions and feel free to run him down because he could use them to formulate your full engine. So what motivates you to get up every morning? What would you be doing if it was up to you? If you had an option, what will you be doing? What would your life look like? What would you weren't look like? What are your goals in life? What lifestyle do you want to create for yourself? What is your end goal? What is your vision for your family? What is your vision for your family's finances? So ponder on these questions and start formulating your engine. Remember, your engine needs to be a statement that emotional enough to light a firing you and inspiring enough to give you the motivation you need to overcome anything. And that is the key. As you write down the answers to these questions as you start writing or formulating your engine, remember that your engine statement needs to be emotional enough to you to light a fire in your toe Want to get you moving and inspiring enough to give you the motivation you need to overcome anything, So get to writing. 6. Foundation Sample Engine: Now I know you might be thinking, because this is what I will be thinking. So this guy has given me a definition of an engine. An engine statement is giving me questions. I have answered him, and I kind of get the grasp of what we need to do. But I would need to have an example of an engine statement so that I could formulate a better. And that's why I'm going to give you a sample of an engine statement. Now, keep in mind that this is very lumpy. Engine statement on by no means your engine statements should be similar to this one or look like it. And then an engine statement could be a simple US. A picture could be a simplest word, but I wanted to bring in a few different aspects or elements to show you what could be part of your Indian statement. And I'm breaking all the power point and all the presentation rules by or off this words in one slide. But I just want to bring out a point. So let me read it to you. My engine is to stop living paycheck to paycheck to create financial freedom so that my Children will not have to worry about it. They will have to worry if they will be able to pay for college or be burdened by financial problems left over from their parents. A lifestyle consistent of freedom where I can spend more time with family friends and attempt to make a difference in the community. The ability to have business autonomy where it can create my schedule and have the option of selecting what to do for work. So let's dissect this engine statement so that we can get a better idea off how to compose your own. So my engine is to start living paycheck to paycheck to create financial freedom so that my Children would not have to worry about if they will be able to pay for college or be burdened by financial problems left over from their parents. So the 1st 2 statements represent a financial freedom. They touch on an aspect of trying to reach a different level off your financial stability, as well as generating enough income to provide for future needs, wants and desires. Then the next statement says, a lifestyle consistent of freedom where I can spend more time with family friends and attempting to make a difference in the community. So this statement goes into time, freedom and the ability to manage and spend time as you wish. But it also adds another aspect which is making a difference. This part of the engine statement refers to making or wanting to help and the passion toe assist. Then the next part, says Theobald iti to have business autonomy. So the final part of the engine statement goes into business ownership and developing autonomy to be ableto work on your terms, not on somebody someone else's. So this is just a example of Anandan statement, and it should not reflect your views or your statement as your statement. Your engine statements should be personal really personal to you. Your statement could be a shortness. One word that when you hear it, when you write it when you see it, it represents something specific for you, something that would help you lie to firing you, to take action and to keep moving. So again, the example above contains different aspects. It has an emotional aspect, a financial aspect, inspiration as well as motivation. The engine statement for you should be personalized. If you read the statement above, it might not drive you or get you in motion because your personal circumstances could be completely different. So when you create your statement, make sure that every sentence or statement has a specific meaning for you and your family. And, again, an engine statement. It's just that it's a statement that gets you moving, motivated and inspired. 7. Foundation Work on Engine: all right, so it's time to stop thinking about it, and it's time to take action. It's time to work on your own personal engine statement. So take some time, grab a piece of paper and start answering the questions that we had on the prior slides. If you don't remember him, I'm gonna put him in the notes section as well as they will be in the project section so that you could see him. But you could go back a couple of slighting. You would see the the questions such as What motivates you? What get to up in the morning and such. Look at the engine statement that we had prior as an example again, that's not your engine statement, because those another statements that will get you motivated get it light a fire on you. It has to be personalized and start your paper with my engine statement. ISS angle from their Let it flow. Don't worry about it. It's your personal statement, not nobody else's. It's yours. So it's personal. There is no right or wrong answer. It's just your answer and take your time and write it. And don't worry about it being perfect. because it could change your engine statement will change depending on what stage of your life you are on What is going on with you? So just write your engine statement for today. The situation that you're in, what will get you motivated and moving towards your goals. Now, after you're doing that, now that you have created your Indian statement in order for it to work as an engine statement WAAS as an engine, it needs to be burned into your mind, your heart and your soul. You need to know your engine statement. You need to believe it. You need to feel it. If you don't know what your engine statement is after you created, it's not going to motivate you because you don't know what it is. So it's Remember the engine is what's gonna help you dig in when the obstacles come when you hit a wall when you seem to be moving backwards or in that movement at all. So it is very important that in order for you to take action, your engine needs to be in your mind, your heart and your soul. It's your personal oath. It's a personal code, so let's go into how to get it burned into her mind. Our heart and soul 8. Foundation Engraving my Engine: No, you haven't engine statement. It's important for you to have it in your heart, your mind and your soul. So three steps that we could take to get it engraved in us. It's number one. We need to visualize our statement, so use a picture to represent your statement. You can cut it out of the magazine, take a picture of something printed or draw something. Whatever meant that you use, it's OK, but this picture is going to symbolize your engine. So every time that you see that picture, it's going to remind you off that engine. So you should have that picture with you for the next 30 days and look at it every day for the next 30 days, and that's the first way for you to get it engraved by visualizing the second way that you could do it. A second step would be for you to write down your engine statement and read it to yourself every day for the next 30 days. If you read it before you go to bed, it's gonna work in your subconsciously as you sleep so we can visualize it by a picture, write it down and read it to yourself for 30 days and the third way you could get that engine in your mind. Your heart and your soul is to record your engine statement on your phone. No MP three on the voice recorder, any device that would give you the ability of recording that engine statement and then just play it back at least once a day for the next 30 days. Now, if you're encountering an immobilizing moment or an obstacle, make sure that you listen to it multiple times so that you could get that in grief even fast. Remember earlier, we discussed how we retain information by reading, hearing and taken action. So the steps that we just mentioned visualizing writing down and recording are designed to help you retain your engine statement so that you can recall it at any given point. This statement will actually become engraved in your thoughts, and you will take action and think differently because off that statement 9. Foundation Final Thoughts: congratulations on making it this far. Many times, the hardest step is the first step, and you have taken it. You have worked on your financial foundation on your mindset. Now I know you might be thinking you might not see the correlation between the engine financial engine and your finances, but I can assure you that without the foundational building blocks, you will not be able to reach your financial goals or even as fast as you might want to. Your financial status journey for stability depends on a number of items or a number of things. They are not necessarily financially related. Many of the foundational building blocks are related to your mindset, your motivation, your perseverance, your patients and habits. Believe it or not, the non financial parts in the journey I sometimes the toughest, wants to control. At least they are for me. And the reason is because they act in our subconscious and without us even knowing. So hopefully you have realized why you will need an engine, and I hope that your privates not only in your finances but in all aspects of your life, so that you could stay motivated 10. Foundation Engine Summary: to recap. What have we discussed? We looked at? Why take action? Why? It is important for us to take action. Obviously, it's important for us to take action so that we could get results. We also looked at what is an Indian. And we looked at not only the physical engine that we find on cars, motorcycles, RVs, no, yours. Well, look, that engine in reference. Old personal driving force, our motivation factor, our personal go to please, that would ignite us. And then we also looked at why it was important for us to have an engine and in simple terms, The reason why it is important for us to have an engine is because it would help us stay motivated. And then finally, we actually created our own engine statement. We worked on creating the statement we worked on making sure that it was personalized, and then I want to cover the project. So what is the project for the course? It's a pretty simple project. If you can just finish working on your engine statement right up your engine statement and then just share it with the class and then it would serve as motivation, not only to you but to everyone in the class. So that's the project for the course. It's simply to finish your engine statement. And if you feel comfortable enough with it, share it with the rest of us so that it could serve us as motivation. And it could actually help you stay motivated as well. Remember, your engine could be a simple as a picture. A word. He doesn't have to be a elaborated old your code. It could be a simple is a word. A simple s a picture that motivates you and get to go. 11. Foundation: Short Story: Now I like to share a little short story with you. That helps in reference to motivation or inspiration. Chester was a tiny little swallow. He was excited to start pup school, but he was also nervous because he had no idea what trade he wanted to pursue. After months of waiting, he finally realized he wanted to be a guard dog. Chester's mom had given him all the time in the world to choose what trade he wanted to learn, but her patience was wearing thin. Chester, Have you decided what you want to do with your life? All of your brothers and sisters have already gone off to pub, school and graduated. Why are you taking so long to blossom? Ask this month. Mom, I want to be a guard dog, Chester said. Honey, you're so small. You can be a guard dog. You'll be eaten alive, said Chester's mom. Now this'll eight of fire on the Chester. It was determined to pursue his road to happiness, no matter how long and how hard the journey. Maybe Mom has made up my mind. I'm going to be a guard dog, said Chester before he skipped away the very next morning, he enrolled in pub school as a guard dog. His classmates were German shepherds, pit bulls and Onley, the toughest dogs. But Chester felt confident in his abilities to succeed. When he got home from school, Chester would exercise to build up his strength. It was tough, but he stuck to his guns. He knew he could do it. At his final examination, he had to run an obstacle course in under 45 seconds, and because of his hard work and small size, he was able to complete the obstacle course. In 27. Against all odds, Chester became a guard dog. Now think about this story. Obviously, it is a fable. It's not a real story, but it's a motivational story. There's a lot of information on it that will help us get motivated and put it in perspective with our life. In the inspiration part that I want you to remember from the story is that you need to follow your dreams. You need to follow your engine. You need to stay motivated, which is why your engine will help you do, and also remember that you can achieve your financial and personal goals as long as you work out it and you continue and persevere 12. Thank You: Thank you. Thank you for your time. For your dedication. For wanting to better yourself Stay tuned for additional my financial mountains. Siri's courses. My goal is for them to help you through your financial journey again. Thank you very much and make