MINDSET: Your mindset and perception of money will ultimately be the determining factor of your success or failure when it comes to your financial future. You may not be aware but you may be making the worse financial investment known to man. And that is trading time for money. Your ULTIMATE goal should be to transition yourself from working for money to money working for you. You want to make money your slave. The correct way to accomplish this is to tap into the power of compound interest. You have to let go of the fear of ”losing money” and get in the habit of removing your emotions and making calculated risks. Many Americans have an uneducated opinion when it comes to investing and think that the stock market is gambling or a ponzi scheme and decide to steer clear of this path hoping to avoid loosing any of their hard earned money. “Hard earned being the operative words. Now what Americans ought to be afraid of is what is going to happen when they want to retire but cant because they have not saved enough money to live and pay bills. Seeing that they cant get any more money at this stage in life the only option is to go back to work and they may never retire. Unfortunately this is the path for millions of Americans around the world all as of a result of not getting in the game and tapping into the power of compound interest. Our goal here at Keller Capital is to assist you in this process and shift your perception and help you cultivate the proper mindset to get your money working for you so it goes from “hard earned money” to ” the easiest money” you ever earned.
REQUIREMENTS: Creating wealth, just like anything worth having will be a journey. It will require lots of sacrifices, boring days, and out right discipline. You must resist the urge to spend time and or money on small temporary things and learn to save it for a higher more meaningful purpose such as your financial future. Expenses as small as buying Starbucks coffee Monday through Friday or eating out twice a week is slowly robbing you of your goal without you even realizing it. Think about it, Starbucks coffee cost roughly $5. Five days per week that’s $25 per week, $100 per month and $1,200 per year…ON STARBUCKS! That not even including compound interest. Lets look at the second example. Eating out twice a week with lets say a $100 average ticket is $200 per week. Even if you cut that in half and went out to eat once per week and saved the other $100, that’s an extra $100 per week, $400 per month and $4,800 per year! That’s insane. If you really want to be financially independent you have to cut back on these futile indulgences. Buckling down and staying disciplined is what is required to reach your financial goals.
SAVING MONEY: Now saving money is probably one of the most overrated, misunderstood and arguably the not so smart thing to do in this day in this day in age. Saving your money has been a phrase passed on for generations and has always been taken as received wisdom but the uncanny fact is saving money is NOT going to make your rich or wealthy. Nor will it give you the quality of life that you have in mind come retirement time. Now it is true that you need to save a portion of what you earn but you need to invest that portion, not hide it under your pillow. The magical saying is ” A portion of what I earn is mine to keep” and has to be. Commit to a set percentage of your paycheck and set it aside for investing into your future. Ten percent is a basic rule of thumb but if you are closer to retirement it needs to be closer to %15- %20. You also want to automate this step as well so you technically never see the money come in the first place. You can also look at this as a tax. You are taxing yourself now to have a qualify life in the future. Speaking of taxes, most Americans get about $2,500-$3,000 back each year and they are ecstatic about getting a tax refund check. What is really going on here is Uncle Sam is borrowing your money for an entire 12 months and then returns it to you with ZERO INTEREST! Yet if you borrow his money your taxed anywhere from 10%-20%. That just doesn’t make good sense. Don’t go on a shopping spree, use those funds to generate more income and help you get to financial independence sooner!
FINANCIAL INDEPENDENCE: The overall goal here at Keller Capital is to free up extra money you didn’t know you have, make sure its being saved and invested the proper way, ensure you are paying the least amount of taxes and most of all, deliver above average returns by tapping into the real power of compound interest. This approach will allow you to know how and when you will potentially be totally financially independent and shave off years of your retirement date or allow you to live twice as nice during retirement. Its really neat! If you were financially independent right now…any you have enough in your nest egg so that every month you had enough that you didn’t have to go to work anymore. What would you and your family be doing? What are your dreams? What are your goals? What would you be doing right now? Now think about it, if you were financially independent, you have options, and that the point! You can do what you want, when you want. You can probably go door to door asking all your neighbors when they were going to be financially independent…and nobody would know. But you will! You will know what your dreams are and when its going to happen! That’s true financial independence.