Become financially fluent.

The secret to financial freedom is to spend less than you earn, save the balance and then wisely invest your savings in growth assets.

Learn how money, finance, and property work and start investing early so you have time and compounding on your side.

Along the way learn from proven mentors and get a good team around you, but make sure you have a thorough knowledge base because while you can delegate or outsource many tasks, it’s critical to understand if you’re being given impartial advice or if you’re being taken advantage of by the many vested interests after your money.

Becoming financially fluent means you will invest rather than speculate.

One of the reasons most investors don’t develop the financial freedom they deserve is because they don’t understand the rules of money and they end up buying their properties with emotion.

Be it your first property or your next property, it should be part of a long-term plan and a stepping stone to building a substantial portfolio.

The problem is most people buy their investments with emotion.

They’re looking for a property that they would be happy living in, or the buy-in suburbs near where they live, or where they would like to holiday location, or near where they plan to retire.

But, of course, property investment is different from buying your own home - you need a well-thought-out strategy with measurable goals.

By having a plan and a system to gauge the worth of an investment you will achieve better results.

But it can’t just be any old strategy…

RealRenta has all the tools that a property manager has but for less than ¼ the cost of a property manager.

Join now and the cost is less than a cup of coffee a week to manage your rental property.

RealRenta also has a free vision, so why not check it out.

Jason Gwerder
Tuesday, 4 July 2023

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