Archive for April, 2014

Residual Income = Time Freedom – FPUK.co

time freedom3

Hi Friends,

I’m getting a little bit excited now, as many of you know I’m getting married this Saturday and my Event Planner iPhone app is telling me its only 2 days 6 hours and 2 minutes away – Wow !!

I’m off very soon to go and collect some very good friends from the airport that are coming to stay and attend our wedding, and thats really part of what I want to talk to you all today about.

Taking Time Off, when I need is one of the many benefits of working for my self, and I’ve done this for 9 years now. Every time one of my children has had a school assembly or a school lunch for fathers I’ve been able to attend, I’ve been able to take my children to school and pick them up if I’ve wanted and been their for the important events. I haven’t had to ask the boss for time off, ok all I’ve had to do is rearrange my diary with my clients but as long as my appointments have been met thats been ok, but thats the thing in my diary my children’s events are listed in my list of appointments as important as a business client. This is where getting your life plan balance correct and I’ve talked about that in other posts.

But now, taking time off when i wanted just meant taking time off, I’m the boss right so i can say i’m going to the airport this morning and no-one can complain or get jealous for me being missing again. But in the past, if I took too much time off my income dipped a little, but time and money are the 2 things we always need more of and always run out very quickly. But now since adding an extra income stream, I have money coming in whether I work or take time off.

Residual Income is a term very misunderstood, but its a term that is becoming more popular as we understand and compare earning types. Many people get paid linear income, they get paid the same each week or month for the work they have done, whether they have worked extra hard or just done their job, they get paid the same. They have been paid for the number of hours they’ve done i.e a 40 hour week with half hour for lunch resulting in a 37.5 hour week. Others get paid for productivity, producing items for sale and often the hours put in doesn’t justify the retail price of the product covering the time spent, as in artists and crafts people. In both these examples as soon as they stop working and don’t do anything their income stops. With residual income, work is done for very little effort which then earns income continuously without any manual input to keep it coming in, and this is what my newest income steam is – Residual Income. Now this truly allows me to take time off as and when I want without having to book my holidays with the boss and getting it on the calendar early so as not to miss out.

Are these important to you:

  • Time Freedom
  • Residual Income
  • Top up your pension
  • Financial Peace
  • Working where and when you want
  • Spending time with family or children

If the answer to any of these is Yes then take a look at earning Residual Income, which can be ran alongside your part/full time job or self employed role until the level is correct for you and then you can Jump Ship to your new lifestyle. I know i’d rather work hard for the next 5 years to then receive my current yearly salary paid to me each month without much input, and I’ve got many friends doing just that for just a few hours a week.

I encourage you today to get these principles working in your favour. Don’t leave your success to chance — follow the laws and create your dream life!

Please take a minute to pass this message along to your friends, family and colleagues today. You never know who desperately needs this guidance and direction for their lives, so share this on your social media sites, print it out and pass it around or simply forward this email. Please retweet this.

This is your life – make it count.

Stay Blessed

Andrew 🙂

FPUK.co     FinancialPeaceUK.com

Follow me at: @FinPeaceUK     @AndrewChenery      @BHPGardenDesign

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Forgiving Increases Relationships – FPUK.co

Forgive

Hi Friends,

As the countdown to our wedding day ticks by (3 days 7 hours 53 minutes ) theres different thoughts coming to me in increasing and building stronger relationships, and as requested, after our honeymoon I’ll be doing a series on relationships.

Recently I spent some time talking about forgiveness being linked to happiness, but this topic is so important and so vital to your success I wanted to expand on it a little bit more.

When you harbour unforgiveness it actually does MORE than just keep you stuck. It’s the root of low self-esteem, criticism, distrust, sleepless nights, anxiety and having a short fuse. It is also the root of all addictions! And those addictions can take many forms: working too much, shopping, food, porn, TV, drugs and alcohol.

When you hold on to bitterness you leave yourself open to all these other horrible distractions. Unforgiveness is the ultimate gateway drug! It’s the root of every evil that keeps us from moving forward in a healthy, happy, rewarding and clean lifestyle.

The way I see it, your past is the baggage you just carry around and unforgiveness is just plain old rubbish. It smells… it stinks and even worse, everyone else you meet gets a big whiff of it when you walk by. When you’re burdened, you reek.

Whether you realize it or not, your rubbish has control over your life. It affects your relationships, your job performance and your physical health!

Forgiveness is a choice – maybe not an easy one, but it is still 100% your choice! It isn’t about letting others off the hook, but it does require you to accept the fact you have no control over the situation.

You can’t control other people, you can only control your response to them and their actions. In other words, if you’re waiting around for other people to apologize, don’t bother. Those who have wronged you might never admit their fault or ask for your forgiveness. It isn’t about what they deserve, it’s about choosing to not let them have a hold on you.

Don’t let their mistakes have that control over your life or your happiness! And I’ve heard it before, “Andrew, it isn’t that easy.” You’re right, it isn’t that easy. For most people it’s a process. Move away from your role as a victim and release the control and power others have on your life.

What is your choice today? Are you going to hang on to the bitterness and keep carrying your rubbish around with you? Or are finally going to take your rubbish out to the driveway for the dustmen?

If you’re interested in spring cleaning, let the rubbish in your life be the first thing you get rid of in this new spring season. Leave me your comments on today’s message and take that 5 extra seconds to Like and Share it. You never know who in your circle of influence really needs to hear this!

If you’d like to know more about how to perform forgiveness drop me a line at the contact details below and I’d love to have a chat about how the process works.

I encourage you today to get these principles working in your favour. Don’t leave your success to chance — follow the laws and create your dream life!

Please take a minute to pass this message along to your friends, family and colleagues today. You never know who desperately needs this guidance and direction for their lives, so share this on your social media sites, print it out and pass it around or simply forward this email. Please retweet this.

This is your life – make it count.

Stay Blessed

Andrew 🙂

FPUK.co     FinancialPeaceUK.com

Follow me at:    @FinPeaceUK     @AndrewChenery     @BHPGardenDesign

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Have Money Work Harder Than You – FPUK.co

sales

Hi Friends,

I was talking to a new friend yesterday who is struggling to make ends meet but wants and needs to make a difference to their lives, and she truly believed that by having more jobs and working all the hours that come it would make a difference. But their health was deteriorating to a point that they had to take sick days from each of the jobs on a regular basis, I explained that working smarter rather than harder was the real answer, having money work for her rather than working harder for money.

I’m about to share a huge secret with you today. Did you realise most people honestly believe that the means to real financial independence is through a higher salary or working every hour that comes? How about you?

Are you working for someone else in a 9 to 5 Rat-Race, just trying to continue up the corporate ladder to a point where you can finally “get ahead” financially? Or, are you chasing the great “Dream” of starting your own business on the side maybe to follow your passion, or as a way to generate extra income or just to be able to jump off that 9 to 5 Rat-Race?

Trust me, working full-time and starting your own business is a recipe for disaster as you work ’round the clock and only see slow, tiny steps forward on the path to increase your wealth!

Well, here’s the secret… very few millionaires make their money from a salary! And you can bet those CEOs at the top of the corporate food chain make tremendous sacrifices of their time and in their relationships to earn that 7-figure salary.

So, you’ve got to be asking yourself, “Where are all these millionaires getting this money if not from big-name jobs and salaries?” This is about so much more than making money, this is about creating genuine wealth. If we both stopped working today, we would still have a steady money flow for years to come. Why? Because we have multiple streams of residual income!

Now, you might think that investing is too risky. And it’s never too soon or too late to start.

In our house, we aren’t in the business of giving our children a free ride or life handed to them on a silver platter. They have to know the power of earning their own money and what it can do for them.

So, Friends you’ve got to ask yourself, “If a 11-17 year-olds can find the means to start investing, then what’s holding me back?” Or you could say, “Hey, I wonder how they do that?” If they could do it, then you most certainly can! Look into it yourself! You might learn a few things — starting right here:

Ask yourself why you want to start a business.

Is it to be your own boss?

Create a legacy for your children?

Attain financial independence?

Creating time freedom?

Maybe it’s all of the above. But identifying your specific motives helps to establish a true vision for your goal. And there is no right or wrong answer! It really is okay to just be in it for the money!
Start investing NOW. If you ever want your bottom line to increase, you’ve got to start investing now. And I do mean NOW — you can’t wait for that “when you have the money” or “when the economy gets better” excuses! Set aside money each payday, whether it is £5, £50, £500 or more… just do it and earmark it strictly for investments. It will make the “big risk” seem a lot less scary. Initially build yourself your emergency fund that isn’t touched unless it for an emergency and I mean emergency, and if you need to dip into for the emergency then replace that money as soon as is possible then continue putting money into savings again not tone touched. Then when you make money from those initial small investments, turn that money around for more and new investments.
Continue to put money in savings. Remember wealth isn’t just about how much you earn, it is often about how much you KEEP. Realize that most savings accounts are just money saved to use later.
Increasing your bottom line is simple, but that doesn’t mean it’s easy. It requires an investment from you! That investment could be your time, your training or your skill sets.

I encourage you today to get these principles working in your favour. Don’t leave your success to chance — follow the laws and create your dream life!

Please take a minute to pass this message along to your friends, family and colleagues today. You never know who desperately needs this guidance and direction for their lives, so share this on your social media sites, print it out and pass it around or simply forward this email. Please retweet this.

This is your life – make it count.

Stay Blessed

Andrew 🙂

FPUK.co     FinancialPeaceUK.com

Follow me at: @FinPeaceUK     @AndrewChenery     @BHPGardenDesign

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