- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
Part 3 | Your Wealth Blueprint
- The 10 Parts of the Vehicle to Take You to Your Financial Freedom -
FINANCIAL FREEDOM IS HAVING CHOICE
Financial Freedom Secret # 15 -
“Being financially free is living a life of choice
for yourself and those you love.”
Financial freedom is where you get to choose how you spend your time,
energy and creativity and you work because it lights you up not because
you have to.
The choice to travel and have adventures whenever you want, the choice
to read a book when you want to, to share a meal with friends and family,
to contribute to the things you feel passionate about, to treat yourself and
those you care about to life’s luxuries and pamper yourself without
worrying about the money or your future wellbeing.
This is what this workshop is about - enabling you to create this choice in
your life and break free of the burden of financial worry.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
I understand deeply the cost of not having this choice…
• never knowing for sure if you will be able to stop working or if you will
be safe and secure in your old age let alone ever afford the lifestyle you
really want;
• depriving yourself and not doing the things that really juice you or
feeling guilty when you do because you’re afraid there isn’t enough;
• worrying that in your old age you will be a financial burden on your kids,
your family or friends;
• stressed that if you were retrenched or lost your job or ability to earn
income you won’t be able to cover your bills and repay your debts;
• sleepless nights thinking about what would happen to those that
depend on you if something happened to you;
• frustrated at not being able to help those you love and the causes that
mean so much to you because you just don’t have the money;
• not even knowing if you should be panicking because it all feels so
overwhelming and you have no idea what is needed in your financial
freedom plan or what you should be focusing on so it feels easier to just
ignore it and hope it’ll all be okay.
I understand this, because there was a time when I felt all those things and
I am incredibly grateful that all those worries, anxiety, frustration and
confusion around this money stuff are no longer a part of my life.
For the last 13 years I’ve been financially free, and have been helping
thousands of people create their own financial freedom vehicle.
By understanding what the 10 parts of the financial freedom vehicle are
and how to put it together they are all now well on their way to financial
freedom and too you will be too.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
BEWARE OF THE TWIN BARRIERS TO YOUR FREEDOM
Barrier #1 – “Hope” is your financial plan
You know this barrier is blocking you if you’re working really hard, putting
all this effort into earning an income or building a business, but seeing very
little or slow progress in your actual wealth accumulation. You work and
work, but because you’ve never been taught about the world of creating
income generating assets and have never been shown the how to put the
financial freedom puzzle together, the result of all that effort flows straight
out of their life again and you keep hoping that somehow you’ll be able to
stop working and it’ll all be okay in the end.
The hope wealth strategy does not work.
In almost every case you end up at the end of a long hard career without
achieving financial freedom.
Barrier #2 - Analysis Paralysis
You know this barrier is blocking your freedom when you spend ages
researching, evaluating, getting information, waiting for the perfect time,
never quite feeling confident enough to start taking action. You stay stuck
in doubt and uncertainty, worried about getting it wrong.
• Should you focus on getting rid of your debt first?
• You should start investing but in what?
• What about financial emergencies?
• Maybe I don’t have enough insurance or maybe I’ve got too much?
You stay stuck in doubt and uncertainty, worried about getting it wrong.
Back and forth you go until you are so exhausted, confused and
frustrated - you end up doing nothing. Before you know it, months, and
years have past and you still haven’t figured out and all that has
happened it you’ve got even less time on your side.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
Financial Freedom Secret # 16 -
“Analysis paralysis will be the absolute death of your freedom.
Not doing anything because you’re afraid of getting it wrong or losing
is a sure fire way to stay locked in the prison
of working hard for money forever and losing the life you should be
living.”
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
YOUR FREEDOM QUIZ
Check to see if one or both of these barriers are blocking your freedom
right now. Answer the following questions:
1. Three years from now, will your financial situation be substantially
better than it is now?
YES
NO
I HOPE SO!
2. If you’re in debt now, will you be debt free or at least well on your way?
YES
NO
I HOPE SO!
3. Do you know how you’re going to achieve this?
YES
NO
4. Three years from now, will you have significant asset generated income
flowing into your life?
YES
NO
I HOPE SO!
5. Do you know how you’re going to achieve this?
YES
NO
6. Do you know which asset class you will start with?
YES
NO
I want to invest but I’m worried I’ll get it wrong
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
7. Three years from now, will you have much more freedom to do more of
the things you want to do than now?
YES absolutely - I have a plan and know the steps I’m taking to
make it so
I HOPE SO!
I HAVEN’T GOT A CLUE
8. If we meet three years from now, will you be happy with your progress?
YES
NO
I HOPE SO
If you answered YES to all of the previous:
Congratulations - FREEDOM IS ON IT’S WAY.
If you answered NO or I HOPE SO to most of the questions:
Your freedom is being blocked by hope or analysis paralysis or simply not
having the knowledge and skills to make it happen!!
Unless you make a change now and create your 10 part freedom vehicle
there is a strong chance you will not achieve your own financial freedom.
Financial Freedom Secret # 17 -
“If you think education is expensive - try ignorance.”
The 10 parts of your Freedom Vehicle
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
PART 1 : FOUNDATIONS
The first piece of your vehicle are your Financial Freedom Foundations.
Without these all the wealth actions you take will be wasted.
Your financial freedom foundations consist of 5 blocks.
Your income statement - which shows you what your money is doing and
how well you are managing it. It shows you what income you have coming
into your life and where it’s going to. Without this information it is
impossible to give your money leadership and direct it to creating the life
you want. It also tells you whether you are making a profit each and every
month. If a business isn’t making a profit it won’t last long. Remember you
are the CEO of the most important business - YOUR LIFE.
Your balance sheet - this tells you your net worth which is the difference
between your assets, your passive income businesses that earn money
for you and your liabilities - your debts that cause money to leave your
life. Your net worth is the key indicator of how well you are doing on your
wealth journey.
Your big why - you have to have a strong, compelling reason to create
your financial freedom - this is the lighthouse that keeps you focused and
moving towards the life you really want.
Your financial freedom vision - is completely unique to you and details
what a wealthy life is for you. You must get really clear on what that is,
because without knowing this, you will get pulled here and there by other
people’s definitions of success and wealth and what you should and
shouldn’t do.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
Your Credit Report - out there in the world there is a big report containing
all your past financial history and this is used by banks, insurance
companies and retailer to determine how good they think you are with
money. A bad credit report can seriously restrict your financial freedom
because it impacts the deals you are offered. So make sure you get your
credit report and get an updated one annually.
Financial Freedom Secret # 18 -
“If you don’t design your life, someone else will and there’s a good chance
it won’t be the greatest version of what is possible for you.”
PART 2: THE SIZE OF THE FINANCIAL FEAST YOU’RE CREATING
You can’t start a journey if you don’t know where you are headed.
How much asset generated income do you need to never have to work
again?
What value of assets do you need to earn that income for you?
If you don’t know the answer at least you can be comforted by the fact
that you’re with the majority of the population who also have no idea
where they are headed. This is also why less than 5% of the population
ever achieve financial freedom. If you don’t know the size of the feast you
are creating and what it is going to be made up of you will be trapped
floundering around in the dark.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
PART 3 : WEALTH PIE
Have you ever felt that there seems to be no money available to:
➢ have any fun?
➢ invest in yourself and your growth?
➢ save for those bigger expenses like the kids education, a wedding, a
deposit for a home, a special holiday you want to take?
➢ Or for those to be expected unexpected life events that seem to
come along at the worst possible moments financially?
How can you get free of debt and start investing when there doesn’t seem
to be enough money to just keep going now?
If you’ve felt any of these things, you will love Wealth Pie.
Wealth Pie is a system of carving up the income that comes into your life
in a way that ensures you have money directed to each area of your life
enabling you to live the life you want now and ensure your financial
freedom is sorted.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
PART 4: SQUEEZING THE JUICE
Squeezing the juice is all about becoming very savvy with money and
discovering what really juices you and how to get more from the money
in your life. Everyone of us have rats in our wealth pantry - those things
that eat away at our money and by squeezing the Juice you clear these
from your life so you’ve got more money to direct to the things that do
add value to you.
Financial Freedom University students find on average between 15% and
20% “extra” just by getting this piece in of their freedom vehicle in place. A
15 to 20% increase in income without doing any more work!
PART 5: BLITZ THAT DEBT
Clearing consumer debt out of your life is like the filter and exhaust
system clearing out the stuff that blocks your progress. As important as it
is to get compounding working for you, it is as important to ensure it isn’t
working against you in the form of consumer debt.
In Part 1 of this workshop we went deep into how compounding works
and why you absolutely have to have it working for you and not against
you and if you’ve got consumer debt it’s working against you.
Having this part of your freedom vehicle in place means you will be free
of debt including your mortgage in just 3 to 7 years. Totally free of debt -
how cool is that?
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
PARTS 6, 7 & 8: YOUR ASSET ENGINES
This is the engine of your financial freedom vehicle - where you create
assets that will earn income for you.
There are different types of assets which can earn income for you - your
stock market assets, your investment property assets and your passive
income businesses.
Your aim is to have at least one of the engines in your life. Without at
least one asset class earning income for you, you will never be able to
stop working. But having only one engine can be risky - the stock market,
property market and business markets go up and down. Having two
streams of income from different asset classes protects you and better
still three asset generated income streams ensures you never have to
worry about your financial wellbeing again.
PART 9: PROTECTION PATE
For many people this vital part of their freedom vehicle is missing and
they either aren’t properly protected or don’t really know what they need
to ensure they are properly protected. So even though they may have
wills, power of attorneys and insurances in place, that anxiety still lurks.
Protection Pate is knowing how to protect yourself, those you love and
your assets as you create your financial freedom. When you know what
insurances you do and most importantly don’t need and you’ve got your
wealth documents in place you can breathe out and relax knowing you
and your loved ones are sorted if anything had to happen to you or your
ability to earn money.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
PART 10: MASTERY
On a cold, wet day I discovered the most incredible concept, the concept
that if something isn’t working in our lives we can change it, not by
changing it outside but by going inside ourselves and changing that first.
The skills to change who we are inside, the concept that we can define
our own destiny and that we can master the greatest power on earth, our
own minds. This is the final part of your freedom vehicle and the part that
will make all the other parts work together and create your freedom.
Self-mastery is understanding you are the greatest asset you have and to
increase your wealth you must expand yourself first.
The quickest way to achieve anything is to stand on the shoulders of
someone who has already achieved that in their own life. Bring teachers
into your life in each area you want to grow and learn, attend training
courses and live events regularly and continue to expand the best
greatest asset you have - YOU.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
Financial Freedom Secret # 19 -
“You are your greatest asset and your greatest liability.”
The beliefs you hold about yourself, about money, about investing and
wealth will either propel you to freedom or keep you trapped. Uncover and
challenge the beliefs you hold about money to free yourself and create
wealth.
This is what mastery is all about and you’ll do exactly this when you bring
this part of your freedom vehicle into your life.
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
IT’S TIME TO PUT YOUR FREEDOM VEHICLE TO THE TEST
Answer the following questions:
If you knew your wealth was expanding, if you had money to do the
things that really juiced you, if you saw your debt shrinking, if you knew
those you loved were protected, if you knew you had a solid plan to
create your financial freedom and felt confident about how to create
assets that earned income for you and knew with certainty that you will
be safe and secure in your old age and live the life you really want…
…how much would that be worth to you?
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Imagine a world where lack of money was no longer a reason for holding
you back. When each person can look after themselves financially. A world
where you never had to be dependent on anyone else for your own
financial wellbeing.
Imagine if not having the money was no longer an excuse you could use
for not doing the things you say you would love to do?
- A PROVEN VEHICLE TO TAKE YOU TO YOUR WEALTH -
www.worldofwealth.me THE WEALTH CHEF INTERNATIONAL PTY LTD
Financial Freedom Secret # 20 -
“If you have the wherewithal to earn money by trading your time,
energy and skills for it, you have the wherewithal to create financial
freedom.
If you have the privilege of earning money, you have a responsibility
to learn how to make it grow so you can get on with
making this world a better place.”
Step up and live a life that you love, dive into this amazing world of asset-
generated income with me.
In session 4 I’ll share with you how you do just that.