Why Waiting To Invest “Till You Have Money” Won’t Get You Free

plants sprouting in soil

It’s unfortunate but, especially over these last few years, I get lots of questions coming from people who are plagued with debt. People say things like, “I feel stuck because I want to invest and create passive income, but I don’t have enough money to invest?”

This is gold so pay attention here: The habit of investing is much more important than the amount. The amount makes no difference whatsoever.

If you’re in America, I don’t care if you start with $1 a month. You could be a homeless person and start with $1 a month. Beg for one more dollar and then invest that.

You may ask, “What kind of investment am I going to get for $1?” You start with $1 and then you’ll eventually have $10, and maybe by then you can do $2 every time. Then you do $4. Pretty soon you’ll have $100.

If you have $100, you can invest. There are thousands of stocks you can buy. There are a lot of mutual funds you could buy. It doesn’t matter.

The point is this: To wait until you have money to start investing is insane because it’s not going to work. First, by the time you do have money that will take forever. Second, there’s magic in telling the universe that you are intent on investing and earning passive income by doing it.

You can tell the universe, “I intend on investing. I intend on earning passive income. Send me lots of opportunities and money,” but the universe is going to say, “Nice try. Talk is cheap. Show me you can do it.” You’re going to say, “Universe, when I have a lot of money, then I’m going to invest.” Then the universe is going to say, “That’s good. Wake me up then.”

There is magic in doing and there’s magic in action. The first path toward passive income comes from the habit of investing.

The second path comes from passive income businesses.

If you’re in a pinch where you don’t have more than a few months to make a lot of money, or don’t have a lot of money right now to invest, then start with what you have or start with no money.

Here are two ways:

No Money Real Estate Investments. This actually takes zero money. I ain’t the guy to teach you how to do this, but I know 20 people right now that teach no-money real estate. It all starts with finding a problem that someone has got. They need to get out of their house and either they don’t need the money right now or they don’t need your money right now. In other words, you find a way to finance it. Even in this market lots of people flip real estate successfully. Why can’t you?!?

First Sell, Then Buy. When I started my fitness business I was $2,000 in debt. I borrowed $2,000 on my Visa card, for goodness sake. Then I got a line of credit with one piece of equipment. From that one piece of equipment, I took deposits from clients and put together about $50,000 from those deposits and then I bought the equipment. I delivered all of that and made myself about $8,000 or $9,000. I pocketed that and did the whole thing again. First sell, then buy.

Real estate isn’t everyone’s thing, but it’s certainly a way to make a lot of money at once. But if you don’t want to go that route, there’s still no excuse for not starting a business despite the fact that you have no money.

Don’t give me this stuff and say, “I’ve got no money, so I can’t invest,” or “I’ve got no money so I can’t start a business.” That’s crap. I don’t start any businesses with any money. I never have. Also, lots of people still have their saving accounts or jar-equivalents. If you can buy a daily cup of coffee, you can start collecting savings to start doing some investing.

I have whole courses that unravel fears, blocks, obstacles, etc. Sometimes, though, just a little common sense can go a long way. We’re rarely as helpless to move forward as we trick ourselves into believing sometimes. As trite as it sounds, its’ true: where there is a will, a way reveals itself.

Freedom isn’t an event, a goal, a destination. Freedom is a mindset. It’s your thoughts and actions. Don’t wait to be free to be free. Save, invest and be creative on your path to financial freedom now.

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For Your Freedom,