What To Do Once You Hit Financial Freedom
In our world of awesomeness (yes, the MLM world that is), people that succeed are happy. They make enough money to support their families and gain the famed “financial freedom”. But then what? You always hear about trying to achieve financial freedom, but what do you do once you get there? Well, here are 3 things that I suggest doing once you make some extra cash with your network marketing business.
If you are the adventurous type of person and want to explore the 7 wonders of the world, then traveling is probably the right fit for you. Even if you aren’t adventurous, I highly suggest traveling. It expands your horizons and often puts different things in life into perspective. Plus you can make some connections for future business opportunities down the road, either across country or across the world. A site that makes travel super cheap and fun is called HomeExchange.com. My wife and I recently signed up, and it is amazing. Just like it sounds, you swap your place with someone else from around the world, and that’s it. No cash exchange is needed. We have done one so far, and it worked out very well.
2. Spend More Time With Family
Chances are that if you’re successful with MLM, you are a very good people person. No better people to hang out with than your own family. Perhaps you have a brother or sister across the state that you haven’t seen in 2 years. Well, go visit them. Enrich that relationship with some personal bonding time. Have kids? Used to never see them because you worked 80+hrs per week at your old corporate job? Get back to being that parental influence they need in their life. Fostering family ties is important. Never forget those that mean the most to you.
3. Invest In Other Things
The super cool thing about being an entrepreneur is learning about how to invest, both time and money. But it becomes even more fun when you learn how to invest your money in various industries, projects, or joint ventures. You get exposed to new ideas, and you become a kid in a candy store. For instance, I just bought a course on tax lien investing. It is a bit technical, but once you learn it, it is freakin’ awesome! A whole new world in real estate investing has been opened for me, and I am excited to learn it. Stay young by investing in multiple streams of income.
So there you have it. Here are just three of the many things that you can do once you have that extra cash in your back pocket. I would love to hear what other things that you enjoy doing with your hard earned money from your business. Please feel free to comment/vote as you so choose.
Until next time….
Dr. Timothy Lawler