Did You Learn to be POOR? The Ten Steps to Wealth.

In Step Four of the Ten Steps to Wealth Paul asks you to consider “Did you learn to be poor?”

Ten Steps to Wealth - thought  bubble

And as a reminder to my proposition that these Ten Steps can be used for alternative goal achievement  I ask : Did you learn to have poor health habits? Average job prospects? Unhealthy relationships?



There is one question I ask myself often: how am I going to afford to retire?  The facts are that most people in Australia, if not the western world, retire “broke” and it’s likely that I will be one of them. The superannuation that my partner and I have is not enough to support us in the style of living we currently enjoy – and let me tell you, it is not one of extravagance, independence or choice. As a benchmark to compare to, our retirement will be worse than what we have now.

How did I get to this situation?

Did I learn to do so badly averagely?

In the early 80s, when superannuation was hardly heard of and not very popular, my own parents chose to divert a lot of their final years of income into a superannuation policy. Now at 80 and 87 they reap the benefits of that decision and are able to afford private health care and pursue their passions as they like. Luckily they are not extravagant (still) as inflation has taken its toll, although they fare better than living on a pension alone and relying on public health.

They have certainly taught me to provide for the future and to be aware of the costs of the future! They taught me that a moderate lifestyle in retirement could be planned for by the sacrifice in my  current lifestyle.

That’s not a bad lesson….but I do wonder if there is a better way? That’s why I am following the Ten Steps to Wealth. I want to seek other solutions to my retirement future: I want to take action now.

Will I get hit by a bus tomorrow? Who knows? Nobody can control that scenario. But if I do live a long life, then I’d rather it be one of lifestyle choice, not of poverty and lifestyle restriction. It is the planning for the future can be controlled, not the future itself.

When you subscribe to The Ten Steps To Wealth you will find that Paul also discusses how your brain works to reinforce your current self image and how your self image is related to your money (health, relationship, career) outcomes.





(I will proudly say that using the knowledge we gained through Paul’s seminars in the late 90s, we did not lose a cent of superannuation in the GFC – phew!)

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