11 Principles to achieve Financial Freedom

202 Pages·2016·1.69 MB·English

by  Nandish desai

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E-Book ISBN: 978-93-80200-83-5
Published by Network18 Publications Private Limited in 2013
507, Prabhat Kiran, 17, Rajendra Place, New Delhi-110008
To,
Manish Chauhan
In your magical space,
I grow, learn and develop
as
a financial coach
and as a person.
CONTENTS

A Lost, Frustrated And Directionless Investor
Level 1: Laying a Strong Foundation
Level 2: Creating a New Relationship with Money
Level 3: The Investigation Begins
Level 4: The Game Changers
Level 5: Don’t Set Goals, Set Yourself
Level 6: Create A System To Create Wealth
Level 7: Financial Freedom Made Simple
Level 8: Active Income vs. Passive Income
Level 9: How Wealth is Created
Level 10: Increasing your Income
Level 11: Make Each Year Your Best Financial Year
FOREWORD

By Manish Chauhan
Author of “16 Personal Finance Principles Every Investor Must Know”
R ight now, what you are holding in your hands is not just a book,
but years of effort and creation. Nandish and I started our career
making financial plans and somewhere we started to realize that many
investors’ financial life was not changing after having a financial plan
in their life. After a lot of research, we concluded that a financial plan
was just one part of the process and other elements were required to
live an awesome financial life. This book is about those elements that
we have discovered over time.
We challenged the traditional financial planning process a few years
ago and that is how our financial coaching program came into
existence. This book is based on our financial coaching program that
we have conducted with over 100 people spread across the globe.
With this book, we invite each investor to look beyond financial
products and returns, and look at wealth creation as a game. Most
investors make investments out of compulsion and out of need; the
core message of this book is to see wealth creation as a project and
will teach you how to fall in love with the process of wealth creation.
There are books that follow the trend and there are some books that
set the trend. This book falls in the latter category; it is here to set the
trend in the personal finance world.
Most investors are in search of solutions and answers; this book is not
about getting answers, but about discovering who you are as an
investor and gaining insights on how you can connect with your true
wealth.
Nandish has written this book after working with 100+ people. I am
sure this book has the power to change your financial life; to some it
will act as a wake up call, to some it will help them discover who they
are as an investor, to some it will help them add different dimensions
to their financial life.
While I was going through the initial draft of this book, I was convinced
that this book would be a game changer not only for investors but also
for financial planners. This book is simple and yet powerful and it will
leave a deep impact on you as an investor.
There is a lot of hype around the words “personal finance” and
“money” out in the world. While you are reading, this book will teach
you to fall in love with the process of wealth creation.
The narrator of this book is Sam, an IT professional based in Mumbai,
who shares his experience of working with a financial coach. This
book is not a story but it has conversations between Sam who is a
lost, confused and directionless investor and his financial coach. They
both meet and Sam participates in a program called the “90 Day
Money Game.” The coach invites Sam to work with him for the next 90
days. The money game has 11 exciting levels that span the next 90
days.
Sam is a confused investor full of fear with a pessimistic view about
his financial life before meeting his coach. But with each passing level,
as his financial coach teaches Sam, his life starts changing as he
implements the elements of living a great financial life and
incorporates changes in his thinking and attitude towards various
things.
As Sam starts experiencing a big shift in his financial life, he starts to
experience a new level of enthusiasm, positivity and motivation. With
each passing level, Sam identifies why his financial life was a mess
and how his whole life offers great possibilities.
The book teaches that an upgrade is always available in life. At the
end of the 90 Day Money Game program, Sam is now a totally new
Sam. He calls this his journey from Sam 1.0 to Sam 2.0.
Our vision as a team is to have this book become part of the CFP
(Certified Planners Program) curriculum so that the new breed of
financial planners can think beyond financial plans.
If you also feel that you need direction, motivation and some exciting
new ideas in your financial life and you want to move towards financial
freedom, this book is for you. Nandish is an amazing financial coach in
real life who has worked with hundreds of investors and changed their
lives. Now it’s your turn!
ACKNOWLEDGEMENTS

A nyone who has ever written something for publication knows of
the team effort that goes into a project such as this one. I am
grateful to all those who have directly or indirectly helped in making
this book a reality. You will never know how much you encouraged me
with your friendship and love.
I take this opportunity to first thank all our financial coaching clients as
the inspiration for this book. Your emails, heartfelt testimonials and
coaching sessions have been extremely useful in writing this book.
I would like to thank my business partner and friend Manish Chauhan
who saw an author in me and encouraged me to express my thoughts
on paper. Every word and concept put into this book is a result of our
teamwork and partnership. His vision and generosity give space to
simplicity, innovation and creativity in my life.
I thank my parents, my true wealth for always providing me with the
space and resources to do whatever I wanted to do in life. I especially
thank my father for sharing his wisdom with me from time to time. You
play a vital role in my overall training and development.
From the bottom of my heart, I thank my Jedi coach Anurag Gupta
who taught me to see life and wealth creation as a game, and all the
teachers and coaches who taught me how to coach. I thank T Harv
Eker for teaching me how to create new relationships with money
through his work. I would also like to thank Landmark Education for
teaching me the various distinctions in life and the true meaning of life.
I thank Peter, Steve, Stephan, Jim Rohn, Katie Byron and Werner
Erhard from whom I have learnt how to live a life by serving others.
I thank the various authors whose books I have read all my life; they
have played a vital role in my development.
My wife, Himali, who knows my strengths and weaknesses better than
anyone else and still loves me. She has been my partner in all that I
do in life. I thank her for filling my life with a lot of love and
enthusiasm.
My special thanks to my brother, Monil who has been a constant
source of inspiration in my life. He is an inspiring person who has
taught me how to learn life lessons from life changing movies,
animated movies and otherwise.
Many thanks to my publisher Network18 and my editor Aditi
Radhakrishnan (my first reader) who helped me make this book a
reality.
Lastly, I would like to thank all our wealth club members and every
reader of Jagoinvestor and Jagoadvisor blog for their ongoing love
and trust. All that we do as a team is incomplete without your
encouragement and support.
Sincerely,
Nandish Desai
Financial Coach