Money: Master the Game - the 7 Simple Steps to Financial Freedom

  • By Blog Admin
  • 27 Sep, 2016
Money: Master the Game: the 7 Simple Steps to Financial Freedom
Tony Robbins is a master at studying and then modelling successful behaviour. His book is financially modelling in practice and the outcome of his relentless pursuit to understand how the most brilliant financial minds navigate and succeed through every economic condition. It includes interviews with Paul Tudor Jones, Charles R. Schwab, Carl Icahn, T. Boone Pickens, Ray Dalio, John C. Bogle, David F. Swensen, Mary Callahan Erdoes, Kyle Bass, Marc Faber, Sir John Templeton, and Warren Buffett.

Tony Robbins walks readers of every income level through the steps to become financially free by creating a lifetime income plan. This book delivers information and essential practices for getting your financial house in order, albeit with strong US bias. It also offer helpful investing tips that most people who invest have known for years now:
·    - fees eat away most investment profits
·    - over 90% of professional stock pickers under-perform the broad markets
·    - earn more, spend less and automate the investing process.

Quick summary of the 7 Steps ( it is actually a fun book to read, not heavy like many other financial books):

Step 1: Make the Most Important  Financial  Decision of Your Life.
In essence, decide to become an investor (not just a consumer). This means automating a specific percentage of your income that goes toward your "Freedom Fund" (i.e., your ideal retirement nest egg, which you calculate based on your desired financial outcome).

Step 2: Become the Insider: Know the Rules Before You Get in the Game .
Here, you shake off the nine most common myths about fees, actively vs. passively managing funds, real costs of specific investments,etc..to help minimise your risk of losing money and over-paying fees, and create tax-advantaged investment strategies.

Step 3: Make the Game Winnable.
This is when you calculate exactly the amount of money you will need for your financial freedom.To make these calculations super simple, Robbins provides  a companion mobile app . You also look at your spending habits and how you can speed up your plan to achieve financial freedom faster-from limiting your daily impulse purchases to reducing your taxes, earning more, relocating, and improving your lifestyle. There are lots of ideas here on how to achieve your desired financial outcomes faster.

Step 4: Make the Most Important  Investment  Decision of Your Life . \This is about asset allocation, rebalancing, and cost averaging.
One interesting idea is to not just have "Risk/Growth" vs. "Security/Conservative" but to also include a "Dream" bucket.

Step 5: Create a Lifetime Income Plan .
This is about understanding the returns you are currently getting on your investments compared with other portfolios and recommended asset allocations. These are the secrets of the ultra-wealthy.

Step 6: Invest Like the .001 Percent .
This is where you learn that the worst environment is your greatest opportunity: to buy when everyone else is selling in a panic, and to sell when the markets are going crazy in the positive direction.

Step 7: Just Do It, Enjoy It, and Share It!
This is about investing and psychology. We can choose to see the world as scarce or abundant. We can see the world filled with problems or opportunities. Daily priming and the appreciation of what you already have will ensure you focus on the outcomes you truly want, as opposed to worrying about what you don't have and not taking action because of fear and other negative emotions that are holding you back.

If financial freedom is important to you, then you have no choice but  reading this book .

The People Alchemist Blog

By The Alchemist About Town 22 Sep, 2017
I am so utterly delighted that my book is now out, available to order both on paperback and on Kindle edition just in time for Business Women's Day - YES!!!!!! :-) 

STOP IT! It's all in your head   is my labour of love and my way to encourage, inspire and empower women to achieve what they want professionally and not be confined by societal, religious, family paradigms of what " women should do/are like" and, most importantly, the restrictions in their head.
If that is being CEO of a Global Company or a stay-at-mum or Director of Paperclip ( whatever grabs your fancy) so be it.

Writing this book was also a personal challenge ( the 30 days thingy) which confirmed to me once and for all that you can really do whatever you set your mind to, if you really want to that is.

Couple of tips for writing a book from me:
  • write about what you are passionate about, you know more than you think.
  • free-write about the parts/chapters in the book you like the most and you are most interested in first - that will give you a great boost at the beginning - you can edit and add the boring bits later - by then most of the book will be almost there
  • keep your own voice - write as you speak so to speak ( people do need to understand you though..)
  • keep an open mind, ideas will flow into you mid-way through the project
  • a deadline and going public is good to beat procrastination ( but if that stresses you out too much don't do it) - the deadline certainly helped me.
You can do it too!!!

If anyone would like to be part of the book launch, the event is live on Eventbrite and you can buy an Early Bird ticket now:
SMASH YOUR CEILING - #STOPITBookLaunch 
Thursday 12 October at 18.30
Business Design Centre
Islington
London

To pre- e-meet other super fab women in business attending the event, please use the following hashtags:
#SMASHYOURCEILING
#STOPITBookLaunch
#BDCWorks

I'm so excited about this book and I genuinely hope you will like it- I hope to meet you soon, in person or through the pages of my book.

Laura x


#Hustle #GirlBoss #SmashThatCeiling
  #SmashYourCeiling
STOP IT! It's all in your head 
#dreambig #believe #youcan



By The Alchemist About Town 19 Sep, 2017
The time is getting closer and closer to the release of   STOP IT, It's all in your head   my new book ( 22 September for Business Women's Day - US) .

I have now  received the proof copy of the paperback which looks absolutely fabulous: a couple of things to correct but overall I am super happy with the result.
A lot of marketing to do now between Facebook, Twitter, Instagram and Google+ ( which is PS: looking like more work than the actual writing of the book).

The book event/launch/talk is live on Eventbrite and you can buy an Early Bird ticket now:
SMASH YOUR CEILING - #STOPITBookLaunch 
Thursday 12 October at 18.30
Business Design Centre
Islington
London

To pre- e-meet other super fab women in business attending the event, please use the following hashtags:
#SMASHYOURCEILING
#STOPITBookLaunch
#BDCWorks

I'm so excited about this book and I genuinely hope you will like it.

Laura x


#Hustle #GirlBoss #SmashThatCeiling
  #SmashYourCeiling
STOP IT! It's all in your head 
#dreambig #believe #youcan



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