How does one get past the fear of leaving a steady income to pursue other dreams?
First the reason to move forward towards the dream must be stronger than the fear of giving up the steady income.
Second, there is an interesting question that needs to be answered about the steady income: where does that steady income come from? Is it from a job or is it from an investiment you have mede in establishing an ongoing stream of income that will give you financial independence? If the steady income is from a job that someone else pays you to do, then the think you are holding on to is not really financial security as you might think it is. The ultimate goal is financial independence where you receive your income from sources that do not require you to work for them. This is also financial security.
Too many people believe they have security in their job, which is really dependent on them showing up for work and the employer continuing to provide regular pay. This is very different than learning how to creat your own income in whatever situation you find yourself in.
Each person who asks your question could get a different answer, depending on their personal situation today, their goals, and the resources they have available to provide the necessary income to live their life. And if the dreams you refer to are of income-producing activities, then a business plan including a cash flow that provides an income for you will also help.
These are all activities and exercises that the MoneyMinding Makeover presents in sequence. You start at Step One which identifies your priorities and non-financial resources as well as your attitude toward making a change. Then in Step Two you analyze the goal both from a financial and emotional perspective. In Step Three, you organize your current finances so you can make decisions and get professional expertise on what change you might make and how you would approach it. Step Four is about system to move you forward; Step Five is reinforcing wealthy habits; Step Six is about creating the income you need to reach your goals; Step Seven is finding and working with professional advisors; Eight is identifying and minimizing risk; Nine is effective use of credit; then Ten, Eleven and Twelve are building wealth.
The entire program is delivered in sequence to minimize the overwhelm and to allow you to implement strategies at whatever speed is appropriate for you. As a member you can ask questions (anonymously if you like) on our live teleconferences regarding your unique personal situation, and get answers from MoneyMinding advisors. You hear how others approach similar situations and you get access to teaching on specific strategies, resource and opportunities to accelerate wealth-building habits, which move you towards your dream easier and more efficiently.
This is a long answer, but MoneyMinding puts you on a life-long journey!
