11 Powerful Financial Questions to make you wealthy

If you want to change your life, become, wealthy, healthy or happy, you must start with asking yourself the right questions.

Tony Robbins confirms this "If you want to change your life, you've got to change your questions." 

And so does Michael Hyatt -"Our lives are shaped by the questions we ask. Good questions lead to good outcomes and bad questions lead to bad outcomes." 

So here are 11 Powerful Financial Questions you can ask yourself to make you wealthy.

Answering these 11 questions can not only help you improve your finances, they can also help you find success in other aspects of your life.

1. 1. Do I know where exactly I am, in terms of my money? - My net-worth is _______?
2. Have I made tangible financial progress in the last 5 years? If yes by how much in value and percentage?
3. Do I have a clear and written financial plan with short, medium and long term goals?
   1. If yes, am I making progress towards my goals? Or Am I stuck in the rat race?
   2. What is stopping me from achieving my goals?
4. How can I increase my income?
   1. What skills do I need to develop to get a promotion and raise? or how can i take my business to the next level.
5. Do I have a good business idea? Who can I connect with to convert my idea into a thriving business?
6. Do I have one or more sources of passive income? If Yes how to increase it to become financially free? If no, how can I build passive income?
7. How can I retire early? - Click here to know more about early retirement.
   1. Can I afford a comfortable retirement at my current rate of savings and investment?
8. Do I have debts?
   1. If yes - What percentage of my income is going into interest payments alone?
   2. By how much would my cash flow increase, if I had no debts? 
   3. What can I do with the extra cash flow?
   4. How would it feel to be debt-free?
9. How will my family manage, If I died today? - Click here to know more about life insurance in UAE
   1. Would they be able to sustain their current standard of living?
   2. If not, what can I do about it?
10. When it comes to money, Am I a Good example for my children?
    1. Do I want them to emulate my money habits?
    2. How can I help them avoid my money mistakes?
11. How can I improve my financial literacy?
    1. What books can I read to know more about personal finance & money management?
    2. Which blogs, podcasts, or youtube channel can I read / follow? 

Summary

The above listed are some of the most powerful questions you can ask yourself to find answers from within or from a reliable source.

They can help you shape your financial destiny.

Feel free to arrange a free 15 minutes Discover call with me, to help you;

1. Ask and find answers to the financial questions 
2. Set challenging & practical financial goals 
3. Establish an action plan and review strategy to achieve your financial goals.

Click here to arrange a Discovery Call