We all know what we want. Passive income, a place to grow a family, a business premises that won’t hold us back. But what are the specific goals around those drivers? How do you get there? Where do you start?
Start with the end in mind. The stats around planning are compelling. Businesses are far more likely to succeed if they are planned out. Marathon runners are more likely to succeed with a training plan. Property is no different. Planning is vital to getting goals clear and setting out a strategy – knowing where you are going, and how you’re going to get there. Your property investment plan doesn’t need to be complex. But you do need to create and execute a plan with a clear WHY, WHEN and HOW. These three elements work together powerfully; the purpose motivates you; the vision keeps you focused; and the strategy makes it practical and achievable.
Everyone has lifestyle aspirations and dreams for the future. We want to find out about yours. We want to show you how, and what you need to do to make them happen. By starting early and investing wisely, you can achieve more than you think.
At Erskine + Owen we offer a personalised planning session that will help you solidify your unique ‘PLAN’. We translate your personal goals into concrete financial goals. And we teach you how and why, if done well, property is a highly effective vehicle for creating wealth over the long term.
Published on Tuesday, October 30th, 2012, under Uncategorized