“Vision without execution is hallucination.”  – Thomas A. Edison

Yesterday, we kicked off Step One of our journey to create and develop assets.  In the last lesson, I asked you to create your monthly cash flow budget.  The budget is such a vital part of this process, so please continue working on that until you have an honest depiction of your monthly income and expenses. You cannot save or invest, if you don’t first find a ripple (refer to Lesson #6).

I found this quote in 2013 and it was an aha moment in my life.  “Vision without execution is hallucination”, has become my personal mission statement.  With that said, I would like to turn the quote around a bit and say, “execution without vision is a prelude to failure”.  That was my wrinkle to the quote, but it is germane to our goal of ‘financial freedom’.

I want you to envision financial freedom and what that would look like in your life.  I challenge you to document this vision on a VISION BOARD.  Here is a picture of a vision board on Oprah. images

Here is a copy of my Vision Board for 2014 that I’m working on.  As you will see, it is not yet finished because this is my process.  When I find items that line up with my vision, they go on the board.  Remember the movie, Field of Dreams?  Well, this is my canvas of dreams.  a tangible reminder of my goals and when I sacrifice a moment of instant gratification, then I can go back to the board and be realigned by seeing my goals.

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Important terms from this lesson:

1.       Vision Board      – Visual canvas depicting your goals.

Action Step:       Create your VISION BOARD for 2014!

  1. Go to a local store (CVS, Rite Aid, etc.) and purchase a poster board and either glue or tape.  It doesn’t have to be fancy.
  2. Think about why you are embarking on this journey.  What are your goals?
  3. Begin finding items, clippings, articles, affirmations, or anything that reminds you of your goal.  Throughout 2014, I want you to add more and more things to the board.  At the end of this process, I want to help you see a way to manifest these items in your life.