Get Started!

There are a number of things you can do in order to get started and work towards your financial freedom right now!

Finding Funds

If you do not own a home
  • Open a credit line with your current bank or credit union
  • Apply for a mortgage preapproval
  • Setup a new bank account with automatic monthly withdrawals from your checking account for 10% of your current income
  • Have RRSP money? You can use it!
  • Have a credit card? You can use this as well!
If you do own a home
  • Apply for a credit line (equity secured or other)
  • Apply for a mortgage preapproval
  • Setup a new bank account with automatic monthly withdrawals from your checking account for 10% of your current income
  • Get an appraisal on your house (Often your house will increase in value which in turn will increase your equity)
  • Have RRSP money? You can use it!
  • Have a credit card? You can use this as well!
Funds Available

Once you have funds available I would strongly suggest putting the time in to educate yourself. Books, tapes, seminars, courses, any means of gaining knowledge from reputable sources is good. I have supplied links in my "Recommended Tools" and "Workshops/Seminars" sections to help you get started.

Once you feel confident with your knowledge of investments and what to look for, and what to look out for, you are ready for the next step which is taking action.

Taking Action

Start looking for investments Please remember, positive cash flow is what you are after.