Page 104 - Smart Money

Smart Money

Key Point

The biggest piece of motivation I can offer is to keep your fi nances top

of mind and don’t let your investment just sit and stay there forever. You
need to keep visiting it, and don’t be slack with it. Be educated instead
of uneducated. Utilise a professional to help make the decisions. Don’t
get them to make the decisions for you, but make sure you are actually
making an educated decision when it comes to your finances, not just a

guess, because that is when you could do the wrong thing.

If you have read this far, you are at a crossroads now. You can continue
doing what you have been doing, which is likely to be uninformed, and
just accept what is happening. Or there is option B, which is what we
have been talking about in this book. The sooner you get your finances in
place, the wealthier you are going to be. If you want to be wealthy in the
future, you need to start working towards it now. You also have to realise
that it is not just about a mortgage; it’s about ensuring that everything
you can do is being done.
Now that you know the process is going to be easy, you might be more
willing to get started. Falling into financial stress at a young age, like I did
with my credit card, sometimes makes you aware of what could happen
later on, so sometimes that is a good thing.

One of our little clichés is ‘get rich quick’, but most people get
wealthy slowly. Start early and give yourself time and know your
options. Learn from those who have been through it. They’ve
tried it and they’ve honed it and that is generally where
professionals can help. Hopefully they’ve seen most situations
and know the tips and traps and can keep you on the path.

People think it is all too hard, and it’s not. They think they don’t need
to know because it doesn’t affect them until later. But if you give it to a
professional to look after, they will make it easier. It is our job to hold

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