- The FI Investors Newsletter
- Posts
- 2024 Starts next week
2024 Starts next week
Are you ready?
“I start my 2024 in December so I can get a head start on.”
Matt King, CEO of GoBundance and frequent guest to the FI Investors, is one of the most disciplined and focused guys I know.
He told us recently that he starts his new year in December, while everyone waits until January 1st. This gives him an advantage,. He plans out his 2024 in November.
By December, he already hitting his goals.
This is the kind of mentality we want you to have. Don’t wait until January. Get clear on what you really want in 2024 and be relentless to go get it.
Fun fact: Jeff Bezos almost called Amazon “Relentless”. Go to relentless.com and see where it takes you.
Over the next few weeks, we’ll be talking more about goal setting as we go into the new year.
But if you want to get started right away, we created a free Educational Email Course specifically designed to help you hit your 2024 goals:
By the end of the course, you should:
Have a specific action plan to build Wealth Your Way
Have a Vivid Vision for your financial future
Develop the habits of top real estate investors
If you are interested, just type your email into achievewealthyourway.com
3 More easy tips to get started on the right foot for 2024
Ok, we talked about starting your 2024 in December. That’s 1 tip.
Here are 3 more that will help bring prosperity in 2024.
1. Invest in yourself:
You probably hear this over and over again. But what does “investing in yourself” actually mean?
It means spending money on yourself to increase your earning capacity.
Old way: Invest in the stock market for a 7% return
New way: Invest in getting new skills and meeting the right people for an exponential return
If you needed to make $100,000 by investing $500/mo—the fastest way to get there would be to invest in skills to start a business or service.
Don’t believe me?
Let’s say you invested $6,000 per year into an index fund. And on average, your return was 7% per year.
It would take you about 12 years to reach $100,000.
So for you in 2024, figure out:
How much money can you invest in courses, masterminds, coaching, books, etc.?
Which skills/ areas should you invest in first to have the biggest return on investment?
An easy way to separate your finances is to have a separate savings account specifically for your education. Set up automatic deposits to that account and use it to pay for all of your education.
2. Have a clear vision
The way to supercharge your investment in yourself is to know where you’re going.
The problem is most people don’t think of what they want. They just go where life takes them.
Many of the most successful people I know, like David Osborn, Cameron Herold, Matt King, are adamant about having a Vivid Vision for their lives. And I’ve witnessed first hand with them, and myself, of how powerful a vision is.
With a clear vision of what you want in life, you can work backward to align your daily actions and habits to get there. You will invest in the right skills and pay to get in rooms with other high achievers that are aligned with your long-term vision.
Now is a great time to write your Vivid Vision since we are coming up on the new year.
Put away your phone and computer. Maybe even go to a coffee shop. And get out a pen and paper to write a detailed vision for your life.
Write as if the year is 2029.
The 2029 version of you is writing to present day’s version of you. In the letter, you are describing all the amazing things that have happened in your life.
You write in detail how your life is going, from your finances, to your business, to relationships, your health, and what you’re doing for adventure.
The act of writing down your goals brings them into your awareness. When you are aware of your goals, you can take the right action to achieve them.
If you are interested, you can get the book Vivid Vision from Amazon here.
3. Be cautious of who you take advice from
I wouldn’t be where I am today without the right mentors. But having the wrong mentors will set you back.
Two things you need to be careful of:
Who you follow and listen to on social media
Who you listen to in your personal life
There are a lot of fake gurus on social media. There are frauds. There are people who give bad advice. There are people trying to make money from you.
And there are also people who give good advice, but it’s not aligned with your goals—so it’s actually the wrong advice for you.
In your personal life, consider your father or uncle telling you not to invest in real estate.
“Now’s not a good time. Interest rates are high. And real estate investing is risky.”
They might have your best interest in mind. They don’t want to see you lose your money. But if they aren’t successful real estate investors, they aren’t qualified to give you advice.
Take action this weekend
2024 starts Friday. Identify your 2024 goals and write your Vivid Vision.
I guarantee by doing those two things, you’ll be more likely to achieve what you want simply because you are bringing it into your awareness.
Best,
Diego
6 more ways to keep learning with FI Investors:
Join 50+ investors in our masterminds:
To get your 1st property in 90 days, apply to our Rookie Mastermind
If you have multiple properties and want to scale, join hundreds of other FI Investors in our Elite Mastermind
Free Educational Email Courses:
6 Keys to Financial Independence - Escape The Rat Race, Earn Passionate Income, & Build Generational Wealth (And actually enjoy your money before you're 65).
Achieve Wealth Your Way - A Roadmap to setting and hitting your financial goals so you can become a millionaire investor, scale your real estate portfolio, and live your life on your terms.
ATX House Hack Starter Pack - Get your first house hack in Austin, TX with step-by-step instruction for financing, finding your submarket, and analyzing deals. Plus, we give you contacts to start building your team from Day 1!