Principles of Empowered Economics
Our clients often ask what the most important aspects of of a financial plan are. Unfortunately, there is no simple answer for that. However, with the right knowledge and a unique and non-traditional way of thinking, you too can gain greater financial confidence. We call this Empowered Economics. At its core are the Principles of Empowered Economics. These principles can empower consumers helping guide decisions that lead to a life of prosperity.
1
THINK |
THINK from prosperity by adopting an abundance mindset and eliminating scarcity thoughts which keep you stuck. |
2
SEE |
SEE the big picture of your finances. All economic decisions affect each other; tunnel vision limits your money. |
3
MEASURE |
MEASURE: To accelerate wealth creation, you must measure and reduce opportunity costs inside your personal economy. |
4
FLOW |
FLOW: The true measure of success is cash flow, not net worth. Being able to use money is more important than accumulating it. |
5
CONTROL |
CONTROL: Keep the control of your money in your hands, not the financial institutions and not the government! |
6
MOVE |
MOVE: Keep your money in motion! The velocity of money is the movement of dollars through assets, not to assets. |
7
MULTIPLY |
MULTIPLY: Make each dollar do many jobs (savings, income, collateral, build equity, secure benefits…) not just one job. |