We work very hard at our jobs. Some of us are engineers, project managers, accountants, corporate lawyers, IT specialists, the list goes on. My LinkedIn network includes thousands of professionals who fit these categories. What we have in common are the desires to grow in our careers, add value to the world and achieve financial goals.
💡 Our Work Is So Important
There is no doubt that each of us are doing those first two things. We have special skills and talents that make us valuable to any company or organization that we support. This is why your connections are so extensive. As high performers within your organization, the value that you represent is certainly without question.
However, when it comes to our financial goals, our mission is broad and ambiguous. What are your goals and how far off are you? When do you know you are successful? Is it a salary objective? Is it a larger savings rate? Is it to maintain a certain lifestyle? As you can see, there is potential for unclear objectives when it comes to our own financial goals.
❓What Is Financial Peace?
Let’s talk about one goal that we should each strive for, perhaps core to each of the other financial goals we have. That goal is financial peace. When you hear this term, you may think of a YouTuber selling you on quitting your job so that you can sail on a boat for two years. That is not exactly what I am referring to. I am talking about having the option to do so because your passive income has the potential to even replace your earned income. In other words, your money works harder than you do. Having the option to do what you want in life is powerful.
This can look like serving in your church, traveling, going on a tour around the country to visit the national parks, visiting your grandchildren in different cities whenever you want, being able to spend more time at home raising your young children. The options are limitless. Financial peace does not only mean to quit your job. It simply signifies that money no longer limits you or is the top priority in your life. That box is checked.
❓How Can Working Professionals Achieve Financial Peace?
As stated above, financial peace results from achieving systems that allow for passive income to replace your earned income. You do not have to be the Walton Family to be financially free. Simply put, you must establish what your ideal living expenses are and put together a plan to generate passive income from investments that at least cover those expenses. The next level of peace happens when your passive income replaces your earned income. How can working professionals do that if they are…working? By investing in assets that create passive income:
- Real Estate
The above are just a few passive investing vehicles. Of course, as a real estate investor, you can expect that I am very fond of real estate as a tool for wealth creation. Discover the wealth-building tools of real estate and why I believe everyone should have real estate in their portfolio.
If you invest in stocks or other assets are seek to diversify your portfolio, achieve higher returns or get educated on the power of investing, sign up for our newsletter for regular updates on our business and to learn how you can passively invest and grow your wealth through passive investing.
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Rodney Robinson II