31: Zero Gravity State
Have you ever experienced zero gravity?
The closest I have ever gotten was an indoor skydiving place in Chicago called iFLY.
Quite frankly, it wasn’t very comfortable. To cancel out the force of gravity downward, they shove you in a big cylinder with a huge amount of air pushing upward and the next thing you know—you’re flying!
I felt like I was getting a facelift while someone was blowing in my ears.
I have to imagine that real zero gravity—the kind that astronauts experience in space–is a lot more pleasant that the shearing forces that I experienced.
By this point in this article, you’re probably thinking, “WTF Buck, what are your smoking? Where’s my widget?”
Well, I am going somewhere with this. You see, zero gravity is a useful metaphor for a certain state of wealth. If you think about it, what does gravity represent in our financial lives?
Well, what weighs down most of us on a daily basis?… the bills of course! Gravity represents our every day expenses.
After all, once you make the decision to start investing, what is keeping you from investing all of your money? Wouldn’t it be great if you could dump it all in there and make it work for you?
The problem is that everyone has expenses. You have to pay your rent or mortgage, your car, utilities… all that stuff that you gotta do. The problem…that money is lost forever—can’t invest it.
But, if you had enough money coming in from your investments to cover your personal overhead, could you invest most of your additional income?
You could. Then, all of the sudden, all of the dollars you trade for hours would suddenly be available for creating more wealth!
Do you think your wealth would grow quicker that way?
Of course! Why do you think that the wealthy can grow their wealth so much quicker than most of us?—Because a higher percentage of their income goes back into creating more wealth.
That point at which your investment income matches your living expenses is a CRITICAL point. I call this the Wealth Formula Zero Gravity State.
Money in=Money out..just like that air pushing me up at IFly to cancel out gravity. Except, I can tell you from personal experience, the money version is a lot more pleasant sensation.
When you get to that point, guess what happens? If you are dedicated to growing your wealth, things get a lot easier (and fun).
Now, instead of being oppressed by the weight of gravity, your wealth turns into a helium balloon where the sky is the limit.
I’m sure this may be obvious to some of you but I think it is useful framework to start on your journey towards real wealth.
“A journey of a thousand miles begins with a single step”—Laozi (Tao Te Ching).
What’s your first step? Maybe you should focus on getting to the Wealth Formula Zero Gravity State.