Today’s REI Classroom Lesson
Christy Tu elaborates on how to manage your time and money to give you more control and relief in life.
REI Classroom Summary
Today, Christy Tu explains that by staying focused on goals and not letting distractions hinder you, you’re able to be more productive and organized.
Listen to this REI Classroom Lesson
Real Estate Investing Classroom Show Transcripts:
Mike: Welcome back to the FlipNerd.com REI Classroom, where experts from across the real estate investing industry teach you quick lessons to take your business to the next level. And now, let’s meet today’s expert host.
Christy: Hey there. This is Christy Tu, creator of Goal Getter Mindset, your host for FlipNerd. So today, you’re watching the second part of a three-part video, How to Achieve a Goal Getter Mindset. And today, we’re going to talk about how to get it done with successful organization.
Mike: This REI classroom real estate lesson is sponsored by VirtualStaffNow.com.
Christy: I want to introduce to you the two most valuable resources, time and money. So how do you maximize time and money? You get it done with successful organization. So the two successful organizations are time management and money management.
So learn from effective calendaring to manage your ideal life, because the stuff in your head can be very distracting if you are, like many business entrepreneurs and such like myself, I’m all over the place because I have a cheerleader character. I’m an inspirator and motivator. So I’m just like, “Rah, rah.”
Do you actually have the things continue going in your head of all you have to do tomorrow, next week? All of those are actually distractions. When you effectively use your calendar and master your to-do list on a consistent basis and your goal list, you don’t have to have all the things going on in your head, thinking you have to remember them and being afraid you are going to forget to do something.
You’ll be more in control and you’ll feel like you have a more sense of relief. If you don’t believe me, you can try this. Like many people, I coach who have that sigh of relief when they get all these distractions out of their head and in a proper place.
A typical day for me would look like this. I get up in the morning, 5:30, and I’ll exercise. And then around 6:30, I actually have to count in my personal hygiene, eating breakfast, feeding my cat, entertaining my plants. After that, 7:30, I go on a success [inaudible 00:02:56]. This is very important to me. It’s become easy so much over the years, as simple as brushing your teeth now. That’s actually one thing that I’ll touch on on the third video, on the last video following this.
So around 8:00 to 11, I’ll check my e-mails, my admin, operational tasks. And from 1 to 5:30, after eating lunch and preparing lunch, I’ll check up on my e-mails and admin and operational tasks again. So 5:30 and 7:30, I’m preparing dinner. After that, time with my spouse.
I know that I’ve been rambling off and it would be much easier to actually look at my Excel spreadsheet because I actually do have my schedule on an Excel spreadsheet. If you want me to send you a free copy of my calendar of what my day looks like, e-mail me at goalgettermindset.com. On the subject line, you can type in “Time management.”
So let’s move on to the second most valuable resource, money management. Because this is a very important part. It’s not how much you make, it’s how much you keep. The biggest difference between the rich and the poor is their ability and willingness to manage their money. So every seven days, you have the opportunity to divide your income into your designated accounts.
For example, you can take a money jar. If you’re familiar with Millionaire Mind, T. Harv Eker, something that he taught me is that you want to separate your accounts. For example, your financial freedom account. Every time you had your earnings, you want to put 10% into your financial freedom account.
Another 10% on your long-term savings account. And you always want to educate yourself because yes, applied knowledge is power. When you apply it, that’s when you’ll receive all your abundance. So you want to again, put another 10% in your education fund.
Obviously you need to survive, so 50% on your necessities, and always celebrate. It’s always important to celebrate your success because you don’t want to feel like you’re being a slave to money. So celebrate your success. Give yourself 10%. Always give, give, give 10% in your give account because remember that when you plant your seeds, the universe will water your money tree.
The law of manifestation states that what you focus on expands. Meaning, what you track increases. Since you want your financial freedom account to increase, track it.
If you want me to send you a free copy of my Attractor Factor 90-Day Challenge Workbook, e-mail me at goalgettermindset.com. On the subject line, add “Attractor factor.” I want to leave you with a closing quote. I’ve just found this online. This quote is someone that is unknown, but I want you to keep in mind that just to let you know that may your actions speak louder than your words, may your life preach louder than your lips, and may your success be your noise in the end.
Mike: VirtualStaffNow.com is the leading virtual assistant provider for real estate investors. As busy real estate investors, there’s nothing more valuable than our time. And VirtualStaffNow.com not only helps you find the right real estate virtual assistant for your business, they train them on an ongoing basis, manage them daily to make sure they’re staying productive and effective. And in the event they’re not the right fit or need to be replaced, they handle that for you too. Whether you need 1 or 100 virtual assistants for your team, start the process right now at VirtualStaffNow.com.
Please note, the views and opinions expressed by the individuals in this program, do not necessarily reflect those of FlipNerd.com or any of its partners, advertisers, or affiliates. Please consult professionals before making any investment or tax decisions, as real estate investing can be risky.
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