FINANCIAL FREEDOM
Building Your Wealth Cycles
The Ultimate Wealth Technology

"First comes thought, then organization of that thought into ideas and plans. Then transformation information of those plans into reality." -- Napoleon Hill

Take a moment now to picture the financial life you want. Can you see it in your mind? Are you ready to take the steps in order to live that life? Do you want to know the step-by-step process that made me a millionaire by the time I was thirty-four? The same step-by-step process that I continue to use today? The same process that has created millionaire status in three to five years for many of my clients?

You'll be glad to know that it is well within your reach. Most people and programs teach you conceptually and theoretically how you can be successful financially. I will take you beyond the conceptual learning and show you how to reach your desired level of financial success step by step. I will show you not only how to think, live, and breathe as if you were already financially successful, but also how to lead and take action so that you can accelerate your financial success materially and spiritually.

Get ready to embark on a journey where you will soon experience powerful changes in your life. Your self-esteem, resourcefulness, personal power and the control you have over all financial concerns will grow exponentially. Practically overnight!!!

I know it can be very difficult to know exactly where to begin. Many people today are buried in debt, barely meeting their financial needs, and can see no end in sight. I am hear to tell you that it doesn't matter if you're a 21-year-old college student knee-deep in debt or a 57-year-old forced to take early retirement. It doesn't matter if you're a 32-year-old divorced mother of two struggling to live on child support and alimony or a happily married 73-year-old grandfather of four. No matter whom you are or where you are at, the program I will be sharing with you has proven, step-by-step procedures that will take you from the depths of debt to the heights of financial freedom.

Ready? Let’s go!
Just as you follow a recipe to cook your favorite meal, there are specific steps, ingredients and measurements required to become financially successful. You build and grow upon a solid foundation by following the proven methods of those who have already accomplished that which you seek. We call this recipe our Wealth Technology.

There are three components to our Wealth Technology:
Financial Conditioning
Financial Foundation
Wealth Acceleration

Your financial conditioning is the way you think about money. The way you think will always impact your decision-making process.

Very few of us had any degree of financial education growing up. What most of us had was an education based on messages like “we can not afford it, don’t ask for anything, you do not deserve it, rich people are bad, or you have to work hard for your money. If this is what you heard growing up, most likely, you still believe it at a cellular level and are making all of your financial decisions based on these old messages.

These messages have also created the thought that talking about money and financial success is inherently wrong or bad. What this has created is a world where very FEW people are having the real conversations about money and financial success that are necessary to succeed.

I say, “so what, now what?” LIVE OUT LOUD. Have the conversations about money, success, wealth, finance, investing…life that you need to have to achieve the life that you want for you, for your family, for your wealth.
The first thing you must do is reverse your financial conditioning or reset your mind and psychology to reinforce what it is you do want instead of supporting the very thing you would like to move away from. To do this you must identify your sabotaging beliefs. These are the thoughts and attitudes that you have that limit your results. Once you have identified them you must change them to the positive present tense and then repeat, repeat, repeat!

Example of a sabotaging belief about money
Money is hard to earn and even harder to keep.

Example of a positive re-statement of a sabotaging belief
Money comes freely to me! Money is easy to keep and multiply!

This may seem like a relatively simple exercise, let me assure you it is not. To really drill down to find the core sabotaging thoughts that are holding you back, and restate them positively will make every cell in your body revolt against you. There are a wide range of responses you may have from simply thinking to yourself that this is stupid, to becoming physically ill. Face each of these challenges as reinforcement that what you are doing is right. Put your positive restatements on flash cards in your pocket, post-its on your computer, and flip chart paper around your house. Look at it and say them out loud every chance you get. You will be amazed at how quickly your thinking and your results change.

Your financial foundation is the framework that you build your success on and around. Just like your house or a cities skyscraper, without a solid foundation, the building will crumble and fall with the slightest provocation. In other words, you need to know the reality of where you are TODAY, have a solid idea of where you want to go in the FUTURE and a plan to get from your TODAY to your FUTURE.

There are four steps to building a rock solid financial foundation. The first step is creating your financial baseline. This is your financial fingerprint. This is where you are TODAY. This includes all of your income (earned and passive), your expenses, your assets and your liabilities. You need to know your net worth and your cash flow per month.

This step is often a wake up call for many people. Either they are much further in debt than they ever imagined or have more assets than they knew about. It is essential that you are 100% honest with yourself when doing this step. If you leave anything out, or try to make anything look better than it is, you will end up failing in the long run.

The second step is to determine your financial freedom day. This is where you want to be in the FUTURE. This is the day that you will live your “want to life” versus your “have to life”. The life where you want to go to Tahiti and can because you are financially free versus you want to go to Tahiti and can’t because you have to work.

So, choose a date, whether it is one year from now or ten years from now, as the day you will be able to declare you are financially free. What is that date? What is your monthly income? What is your yearly income? Is this earned, passive or aggressive? Design this day as specifically as you can, knowing that you can make adjustments as you grow.

The third step is managing your lifestyle cycle. This is where you take a close look at your lifestyle and how it impacts your financial success. Where and how do you spend your money? Are you living above your means and sinking into consumer debt just to portray a certain image to the world? Are you living below your means and hording your money, worried about a rainy day?

Once you look at it honestly you can begin to make informed decisions to change. Maybe you don’t need that latte every morning. Maybe you should take the money out of your mattress and invest it. No matter where you are at, I guarantee you will find a significant amount of money and resources that are being wasted in some way or another. Re- channeling these resources is the next step in this process.

The fourth step is to build a wealth cycle. This is where you structure your plan and frame your actions so that your core needs are handled automatically, while at the same time future pacing the achievement of your long term goals, all with the money that you currently earn. Sound impossible? Sound crazy? When you successfully complete the first three steps of your financial foundation, this part is easy. You do this by purposely spending every single penny that you earn. This results in rent and bills are paid, college tuition is taken care of, retirement money being saved, and insurance needs being met.

The acceleration of your wealth is to leverage your current assets to generate even more wealth. You do this through owning businesses, utilizing investment strategies like real estate, stock market and gas wells, taking advantage of tax saving plans like IRA’s and educational benefits, and using entity structuring techniques such as forming LLC’s or Corporations.

Did that last sentence just overwhelm you? Don’t worry! One of my favorite sayings is “You have to lead it; you do not have to do it”. What this means is it your job to take a pro-active leadership role in your financial success however you do not have to have all the specialized knowledge, talent or expertise yourself. No one I know has ever become financially successful doing it alone. Every one of them, including me, has done it through the use of teams. I call mine My Wealth Team.

Leading a team requires a significant amount of skill. You must be an effective communicator, dynamite task master, persuasive negotiator not to mention a keen observer. All of these are skills that will take time and effort to acquire. This is why wealth acceleration is the most often ignored step in building financial success. It is also the ONLY step that will take you beyond where you are at and to where you want to be.

I trust if you are reading this book, you are at a cross roads in your life, and are looking for your next steps. I have just laid out for you step by step how I transformed myself into a millionaire by the time I was thirty-four. I diligently worked on and through my financial conditioning. I clearly established my financial foundation. To this day I actively lead my wealth team to accelerate my wealth. Whether you are fourteen, forty-four or ninety four, the same is possible for you.

I highly encourage you to start these steps today. Don’t hesitate any longer. Seize your success…choose your destiny…LIVE OUT LOUD.

To Your Wealth,
Loral Langemeier

© 2003 REV. 2004, Live Out Loud, Inc.

Through the years, Loral has emerged as one of the most inspirational, motivational and uniquely hands on speakers in the area of business and financial success.