We are glad you are here. With being here you understand the importance of financial freedom. With that being said, you have already made a step that is years ahead of many 25 year old’s who want to retire at 65 saving at 10-17% percent. Image starting to invest at 15, with compound interest on your side?! We will see who is laughing later.
"Imagine that ten-year reunion and you show up in a Bentley!"
Now, let’s grow that seed in your head. First, it is particularly important that you are mentally ready for this. If it were easy, everyone your age would be doing it! Like everything else, ensuring you are mentally ready for this is comparing it to a building’s foundation. With a weak "foundation", your empire will fall in the means of distress.
It will take time -
The good thing about time, is that it is on your side. Starting at 15 is the time you will build your foundation buy reading first. Understanding the meaning,” Make your money work for you”. I have several books you can start off with. This will give you a starting point and direction. From there you can find things that interest you to dig deeper.
It will not be easy in the beginning –
Temptation is the devil. Seeing your peers having fun and spending money on unnecessary (being materialistic) items will be tempting for you to do the same, but why do it now? Honestly you will lose contact with majority of them over the years and have nothing to show from it, however, if you save and invest you will have everything to show for it in the future. Imagine that ten-year reunion and you show up in a Bentley!
Sacrifice now to relax later -
Sleeping in will not help you establish a foundation. We all make sacrifices; you need to decide if you want to sacrifice now at 15 or 40 working two jobs. Look around you right now. People you know are probably looking miserable and not enjoying life. Enforce the fact that you are on the right track.
Make realistic goals –
Short- and long-term goals are the next step. These will not only add to your plan but allow you to see your accomplishments. The viewing of your accomplishments will motivate you every time. Seeing that it is possible is an exciting feeling you will chase! Trust me, you can do it.
Do not compare yourself to others –
Never compare yourself to someone else’s state of progression. You do not know what they have done to get where they are. Focus on your plan and no one else’s. Factors affect people not only emotionally but timely differently. You could be facing barriers they never seen, so once you pull through them, that makes you stronger.
In all, you just need to take away the following:
We got this; you will be getting the results you are expecting in no time. Just stay on track and never forget you are powerful, strong, and amazing! DO NOT STOP!