Wrapping up

When people start a business, they need a business plan, a financial forecast and a strong understanding of the competitive market that you're entering into. Whilst it's not essential, most business fail if they lack an undrestanding of these basic principals. The sad truth is that most people have little to no planning of their personal finances. At Moolaplan, we challenge you to consider your personal finances as your very own business. Give it some time in setting up your financial structure and a little time each month to maintain and monitor and you're far more likely to achieve your financial goals.

Is Moolaplan a get-rich scheme? Absolutely not! Is it hard? It will take commitment and an ability to adjust where necessary, but it's easy and rewarding when you get into the swing of it. Again consider your long-term goals. Lets say that in 20 years time you are debt free you reach your goal of say 1 million dollars in income generating assets at a minimum 10% return. That's a neat $100,000 a year you and your partner can live off when you retire for the rest of your lives.

We wish you and your family the very best with your financial future and good luck!

Recommended Reading

The 4-Hour Work Week

The 4-Hour Workweek

An inspirational read helping us to 'think outside the square' when working a standard 9 to 5 job. It will open your mind towards opportunities that exist all around us and ways in which we can transition into living with, as Timothy coins, the 'New Rich'

The Richest Man in Babylon

The Richest Man in Babylon

Whilst this book was written a long time ago, the principles remain the same. George Clason takes us on a journey into the past and shows how even in Babylon times the principle of investing 10% of your income towards your financial future is just as powerful then as it is today.

The Richest Man in Babylon

Feel the Fear and Do It Anyway

If you're afraid of investing, or afraid of budgets, afraid of thinking outside the square or afraid of anything, then this book is a must. Susan helps us realise that we all have the power to achieve whatever we want when we conquor our fears and start living.

The Cashflow Quadrant

The Cashflow Quadrant

Robert Kiyosaki is a renown author and as self-made millionaire. This is aimed at the entrepreneaur who is interested in starting his own business and working for himself rather than others. Unfortunately most end up working much harder when in business by themself. This book teaches how to transition your business into a self-sustaining business that manages itself and is less dependent on you.