Unlocking Financial Prosperity: Empower Your Future with Knowledge!
Most people don't realize that time is the most important factor in building wealth. There is a little something called compound interest. Now most people have no idea about what that means but it is what the banks and the wealthy use to build wealth. It can work for you, like in investments or work against you, like a mortgage. To better understand how this works see the diagrams below.
Let's say you invest $250 per month at a 5% interest rate. The chart below shows how much your balance is after 1 - 40 years and how much you actually invested.
After 20 years your monthly investment totalling $60,000 is worth $98,579. Notice what happens from 20-40 years. The investment is the same but the growth is almost 4x. This is the magic of having a balance over $100,000. This is what the wealthy know, it's not a secret, it's just not common knowledge.
This same principal can also work against you. Let's look at compound interest on a mortgage. Starting balance $500,000. Interest rate 5%
Here is the important part
Monthly payments of $2908
After 25 years of payments you have paid a whopping $872,407 for a $500,000 mortgage.
Below is how to beat the system. Same starting balance $500,000 and same interest rate 5%
Here is the important part
split your monthly payment in 2 and pay $1454 bi-weekly
Paying bi-weekly adds one extra month a year but saves thousands over time.
Your Step by Step Guide
Unlock Your Financial Future: Shatterproof for Beginners
If you're a Canadian looking to take control of your financial future, "Shatterproof: A Financial Playbook for Beginners" is the perfect starting point. This comprehensive guide offers practical, step-by-step strategies designed to help you understand the key principles of budgeting, saving, investing, and building wealth. By breaking down complex financial concepts into easy-to-understand language, this book makes personal finance accessible to everyone, whether you're just starting out or looking to strengthen your financial knowledge. Learn how to make smart decisions, avoid common pitfalls, and create a solid financial foundation that will benefit you for years to come.
Welcome Dear Reader;
I have written this book Shatterproof: Financial Playbook for Beginners with those just beginning their financial journey in mind. For this reason, I have written the book in two parts.
Part One
The Path to Financial Independence: A Step-by-Step Guide
In this first part, I break down the daunting process of financial independence into manageable, step-by-step guidance. I'll walk you through the essentials of smart money management, from understanding your income and expenses to the more nuanced details like tax optimization and investment strategies that can unlock long-term growth.........
Part Two
Answering Your Financial Questions: The 20 Most Common Queries
The second part of Shatterproof dives deep into the real questions you, as a young Canadian, likely have when it comes to managing money. These are the questions that often go unasked in personal finance books but are crucial for ensuring you're making smart, informed decisions as you build your wealth.
- What happens if you buy a property, have a mortgage and you get sick or worse -- something happens to you?
Did you buy insurance?
Do you feel stressed, anxious and financially frustrated?
.jpeg)
Work
.jpeg)
Family
.jpeg)
Leisure
.jpeg)
Dreams
- find strategies that nurture your emotional well-being
- find strategies that cultivate physical vitality
- find strategies that help you empower yourself financially
- find strategies to balance your life
Introducing my book The Holistic Playbook: Mastering Emotional, Physical and Financial Success
Dear Reader,
Congratulations on taking the first step towards unlocking your full potential! Embarking on the journey towards holistic success is a bold and empowering decision that will transform every aspect of your life.
First and foremost, I want you to understand that you are capable of achieving greatness beyond your wildest dreams. Each of us possesses an incredible reservoir of untapped potential waiting to be unleashed. By committing to holistic success, you are committing to unleashing that potential and becoming the best version of yourself.
It's important to remember that success is not just about achieving external milestones or accumulating wealth. True success is about finding fulfillment and balance in every aspect of your life. It's about nurturing your emotional well-being, cultivating physical vitality, and empowering yourself financially.
As you journey through the pages of this book, you will discover practical strategies, actionable steps, and invaluable insights that will guide you towards holistic success. You will learn how to harness the power of emotional intelligence to navigate life's challenges with grace and resilience. You will uncover the secrets to optimizing your physical health and vitality, allowing you to live with boundless energy and vitality. And you will gain the knowledge and skills needed to take control of your financial destiny and create a life of abundance and prosperity.
But remember, dear reader, that success is not just about what you achieve, but who you become in the process. Along the way, you will face obstacles, setbacks, and moments of doubt. But it is during these times of adversity that your true strength and resilience will shine through. Embrace these challenges as opportunities for growth, and never lose sight of the vision you have for your life.
You have the power to create the life of your dreams. You have the courage, the determination, and the resilience to overcome any obstacle that stands in your way. So, I urge you to take the first step today. Open the pages of "The Holistic Playbook" and let it be your guide on this incredible journey towards holistic success.
Remember, the journey of a thousand miles begins with a single step. Take that step today, and let it propel you towards a future filled with limitless possibilities.
With unwavering belief in your potential,
Christine Coldwell
My holistic approach to life may help you live the life you always wanted
For more videos check out my Tiktok and YouTube accounts
Contact me
Do you have questions?
Fill out this form and I will get back to you as soon as I can.
I promise you will not receive any promotional emails or be put on any 3rd party email list. This is only sent to me.
Follow me on social media!