if you're ambitious but lazy this video is for you here's the harsh truth your clock is ticking and nothing is changing yes your head might be racing with ideas and ambition but without action the life you've always dreamt of will start to fade away every day you wait the more time you waste and if you're not careful your life will start to look a little something like this flat predictable and totally uninspiring this is the reality for most people spending the past 5 years in the same job with maybe a couple of pay Rises if
you're lucky you can even see after these pay Rises the line doesn't improve that much and sometimes even goes down this is because the more people earn the more they tend to spend the worse part of all is that this lifestyle pattern has become normalized by Society telling you that you're lazy and don't have what it takes to be successful but even if this has been you for the past 2 three four plus years it doesn't have to you this year I don't believe you're lazy you're just trapped in a system designed to keep you
spinning your wheels on a flat line convincing you that slow progress is the only way so what you're feeling isn't laziness it's frustration with a path that was never designed to help you thrive today's video is all about my five-stage process to escape this trap and start creating some real momentum in your life so let's get to [Music] it stay page one is called stagnation and I'd imagine that is likely where you are right now the reason you feel like you've been thrown in at the deep end without any preparation or guidance is because that's
exactly what's happened you leave school and get your first job and that's it you're left to your own devices so you play it safe by sticking it out in the same job taking zero chances if you stay in this stage too long you risk becoming a debt slave where your income barely keeps up with your monthly expenses right now the national debt clock is sitting at $36 trillion and increasing by the second if this doesn't prove that our society is built on debt then I don't know what will people are owning fewer houses fewer cars
and fewer luxuries as the trend of renting instead of owning grows this isn't just happening because times are changing the elite have made their plans clear with something called the Great reset this aims to shift power away from people by depriving them of ownership and controlling it all themselves imagine the government owning your home and then letting someone else live there whenever you're away this is the future they want and it means escaping society's trap will be nearly impossible they've sold us the lie that money doesn't make you happy this was created by the rich
to control the poor keeping us dependent on state pensions that barely cover anything in reality money equals freedom and freedom equals happiness the rich are just going to keep getting richer so why not just join them if you can recognize this stage early then you can take those calculated risks to get out before it's too late don't be part of the 58% of Americans living paycheck to paycheck which I reckon will increase over the next few years the first action you take is the most important start by gaining full control of your finances track every
dollar you spend and be honest about what's essential and what's a luxury use this awareness to automate your savings so you consistent put money aside each month no matter how small the amount at the end of the day even your Xbox is smart enough to save your game progress so why not save your [Music] funds the next stage is called Ignition now believe it or not more than 50% of people never even get to this stage which means this is when you might start to see a difference between you and your friends at this stage
you're doing everything you can to break out of stagnation but it's pretty hard because you've got a couple of things that are holding you back first is your friends they won't always like your new attitude as it forces them to either change themselves or be left behind both of these things are very painful so instead they will try to drag you back down to their level as that's the easier option I'm sure you've experienced this before when you tell a friend about one of your achievements they don't seem that happy for you and try to
shift the conversation to be all about them the second issue you're going to face is inflation keeping all the money you save in the bank will actually slow you down in the long run and create more stagnation stages along the way so how does this happen well due to inflation the value of cash in your account diminishes year after year here's a calculator that shows you the impact of inflation on your savings over time now let's say you have $55,000 in your bank account and uh you're not earning any interest if inflation happens at a
rate of 2.5% a year which is pretty normal in 20 years your $5,000 will still look like $5,000 in your bank account but it will only be able to buy the same amount of stuff as $3,051 could buy today so even though the numbers don't change the real value of your money shrinks because things get more expensive that's why saving money in a way that grows over time is so important so now let's compare that with a scenario where you invest your money so if you were to invest that same $5,000 into something like the
S&P 500 and average a 7% annual return adjusted for inflation the estimated value of your money after 20 years would grow to over $220,000 however it's important to note that there are no guarantees investment returns can go up and down and past performance is not a guarantee of future result so this really shows the power that compounding returns can have over time instead of letting inflation eat away at your hard-earned cash if you want to get involved with investing then I'd recommend you download the tradeing 212 app where you can invest as little as1 or
Euro to get started even if you manag to invest £5 or Euros per day for the next few months it will really help you get started with those first steps and break out of that stagnation stage since I was planning to talk about trading 212 anyway I reached out to them to see if they'd be interested in sponsoring this portion of the video they agreed and are offering a free fractional share worth up to £100 to anyone that uses the code tilb when they create an account plus you can get more free shares by inviting
your friends both of you will get a free share as long as they fund their account I'll leave a link in the description if you're interested just remember only to invest what you can afford to and don't starve yourself of cash as there's a lot we need to do in the next [Music] stage next is the acceleration stage now this is where you're starting to gain some real momentum but what got you here won't be enough to carry you to the next stage unless you want to wait decades to Achieve Financial Freedom this is the
time to accelerate you need to fully commit to taking advantage of current opportunities as they won't be around Forever at this stage there are three C's that I focused on which help me accelerate my wealth dramatically cash flow connections and confidence let's start with with cash flow you need a constant supply of money coming into your bank account so that you can use it to generate more wealth think of cash flow as the fuel for your financial engine the best way to generate cash flow is to start a side hustle that provides immediate income this
doesn't have to be your billion dooll unicorn idea it can be a small service-based side hustle with low startup costs that meets a specific need whether it's offering social media management video editing or Facebook adds to businesses your goal is to bring money in fast if I were starting over I would set up a service-based business targeting other businesses especially during economic uncertainty companies are willing to pay for anything that boosts their profits and positioning yourself as someone who can deliver results makes you indispensable now for connections surrounding yourself with the right people can have
a massive impact on your trajectory it's no coincidence that successful people often associate with others who have achieved similar or greater success you know the saying surround yourself with five losers and you'll be the six talking to like-minded individuals opens your eyes to New Opportunities motivates you and provides valuable insights make an effort to network on platforms like Instagram or LinkedIn and don't shy away from reaching out to people who inspire you finally there's confidence this is what separates those who accelerate their progress from those who stagnate confidence allows you to take calculated risks and
make bold moves that others are too afraid to try without confidence you'll hesitate at crucial moments and miss out on life-changing opportunities push yourself to step out of your comfort zone and take risks whether that's pitching to a big client or investing in a skill that sets you [Music] apart the next stage is expansion now you've built up some acceleration with the 3 C's it's time to focus on expansion this is where your wealth starts to grow exponentially as you invest in assets that generate passive income and appreciate over time the first step is understanding
the difference between assets and liabilities which you've probably come across before many people waste their resources on liabilities like expensive cars or homes that don't generate income while these might look good on the surface they drain your wealth over time instead try to focus on assets that put money into your pocket such as rental properties dividend paying stocks or useful skills that you can use to start a side hustle I know you might be thinking this sounds a bit daunting right now but remember everything in the other stages would have built towards this phase in
your life you might be 8 to 10 years deep into this plan at this point so although you're sat at home now thinking I'm not in a position to do this you will be there are two main approaches you can take at this stage let me explain them both first diversification spreading your Investments across multiple asset classes to protect your wealth and reduce risk second High conviction plays concentrating your resources on a few Investments that you have a deep understanding of and strong confidence in this approach carries more risk but can lead to faster and
larger returns if executed well many billionaires including Elon Musk and Jeff Bezos built their wealth by focusing on high conviction plays like these the approach you choose depends on your risk tolerance and expertise if you're just starting diversification might be the smarter route however as you gain experience and confidence High conviction plays can help you expand your wealth even further remember the goal at this stage is to acquire assets that work for you every dollar you invest should have a purpose to grow your wealth and to move you closer to Financial [Music] Freedom Welcome to
the final stage Mastery this is where you've achieved Financial Freedom and can live life on your own terms at this level money is no longer a concern your assets generate enough income to cover your expenses fund your lifestyle and allow you to focus on what truly matters but Mastery isn't just about enjoying the fruits of your labor on a beach in the males it's also about leaving a legacy and helping others achieve their own success the wealthiest people in the world from Warren Buffett to Oprah Winfrey understand the importance of giving back and building something
that lasts beyond their lifetime at this stage your focus should shift from accumulating wealth to managing and preserving it this means reinvesting profits to maintain and grow your portfolio mentoring others and sharing the lessons you've learned along the way ultimately Mastery is about more than just money it's about achieving true freedom freedom to spend your time as you wish freedom to pursue your passions and fre freedom to create a lasting Legacy that benefits others so are you ready to follow this path to wealth and take control of your financial future the Journey won't be easy
but if you follow these stages you'll unlock the life you've always dreamed of and end up right here at the top so if you want to learn how to invest in stocks for beginners then I'm going to leave that video right up there but don't click on it just yet make sure to subscribe if you want to grow your wealth okay I'll see you over there
