Compounding Income to Forex Freedom

Now that you know about the forex golden goose, you need a way to start building your forex trading account.
The fatter your Golden Goose gets, the fatter the Golden Eggs get! And since you want to live off of the Golden Eggs, you need to start fattening your Goose immediately.

The Secret to Wealth – Pay Yourself First

You’ve probably heard this before. To be wealthy you need to pay yourself first. If you read a couple hundred books on how to be rich, they’ll all give you this one GOLDEN strategy.

ANY time you get paid, KEEP 10% & invest it!

This could perhaps be the best, most time tested, most reliable secret to creating wealth ever created.
I like to call this principle “The Golden Rule of Financial Freedom,“ but since we’re talking about forex trading, I’ll call this “The Golden Rule of Forex Freedom.”
This rule allows you to benefit from compound interest, which Einstein even thought was one of the most interesting concepts. Compound interest is also the same reason why people get trapped in debt. It’s time you now reap the benefits of compound interest!

Living the Golden Rule of Forex Freedom

For you to get the benefits of The Golden Rule of Forex Freedom, you have to do it. If you don’t invest 10% of your income, it’s going to be virtually impossible to become financially free.
It doesn’t matter what your bills are. It doesn’t matter how much you make. If you follow this one simple rule, you’ll be financially free with Forex Freedom within the next 5 years. It can even happen in just a few months.
This involves discipline & a commitment. From this day forward you can make a decision to invest 10% of every dollar you receive.

Write a Check When You Get a Check

Open a new savings account. We’ll call it our Forex Freedom Account (FFA). From now on, every single time you get money, you’ll want to IMMEDIATELY write a check for 10% of the amount & deposit it in your Forex Freedom Account (FFA).
Examples:

1. If you get a $1,200 paycheck, you’ll write a $120 check to your FFA acct.
2. If you get a $5,000 tax refund, you’ll write a $500 check to your FFA acct.
3. If you find $20 on the street, you’ll deposit $2 to your FFA acct.
4. If you make $100 from a garage sale, you’ll deposit $10 to your FFA acct.

Forex Freedom Account Growth with Trading

Since this is a plan for building wealth through online forex trading, you’ll want to transfer the funds from your FFA account into your online forex trading account once a month.
How fast can your money grow?
As you become a better trader, you’ll earn a higher percentage of profit in your forex account.  I’ve created a table below that shows you how much monthly income you’ll generate if you take 10% of your monthly income and trade with it at 5%, 10%, 20% and 30% monthly profits.
Since I’ll be teaching you how to become a successful forex trader in the 90 day forex trading bootcamp, you’ll actually know how to do this.
In the table below, I’ve highlighted in yellow when the monthly income reaches 100%. This is the point at which Forex Freedom is achieved. In other words, when you can make 100% of your monthly income through forex trading online, you’ve reached Forex Freedom.
You can also see where your income would double highlighted in green (200%). Can you see where it triples?

Month	5%/mo return	10%/mo return	20%/mo return	30%/mo return
1	0.50%	1.00%	2.00%	3.00%
2	1.03%	2.10%	4.40%	6.90%
3	1.58%	3.31%	7.28%	11.97%
4	2.16%	4.64%	10.74%	18.56%
5	2.76%	6.11%	14.88%	27.13%
6	3.40%	7.72%	19.86%	38.27%
7	4.07%	9.49%	25.83%	52.75%
8	4.77%	11.44%	33.00%	71.57%
9	5.51%	13.58%	41.60%	96.04%
10	6.29%	15.94%	51.92%	127.86%
11	7.10%	18.53%	64.30%	169.22%
12	7.96%	21.38%	79.16%	222.98%
13	8.86%	24.52%	96.99%	292.88%
14	9.80%	27.97%	118.39%	383.74%
15	10.79%	31.77%	144.07%	501.86%
16	11.83%	35.95%	174.88%	655.42%
17	12.92%	40.54%	211.86%	855.04%
18	14.07%	45.60%	256.23%	1,114.55%
19	15.27%	51.16%	309.48%	1,451.92%
20	16.53%	57.27%	373.38%	1,890.50%
21	17.86%	64.00%	450.05%	2,460.65%
22	19.25%	71.40%	542.06%	3,201.84%
23	20.72%	79.54%	652.47%	4,165.39%
24	22.25%	88.50%	784.97%	5,418.01%
25	23.86%	98.35%	943.96%	7,046.41%
26	25.56%	109.18%	1,134.75%	9,163.33%
27	27.33%	121.10%	1,363.71%	11,915.33%
28	29.20%	134.21%	1,638.45%	15,492.93%
29	31.16%	148.63%	1,968.14%	20,143.81%
30	33.22%	164.49%	2,363.76%	26,189.96%
31	35.38%	181.94%	2,838.52%	34,049.94%
32	37.65%	201.14%	3,408.22%	44,267.93%
33	40.03%	222.25%	4,091.86%	57,551.30%
34	42.53%	245.48%	4,912.24%	74,819.70%
35	45.16%	271.02%	5,896.68%	97,268.60%
36	47.92%	299.13%	7,078.02%	126,452.19%
37	50.81%	330.04%	8,495.62%	164,390.84%
38	53.85%	364.04%	10,196.75%	213,711.09%
39	57.05%	401.45%	12,238.10%	277,827.42%
40	60.40%	442.59%	14,687.72%	361,178.65%
41	63.92%	487.85%	17,627.26%	469,535.24%
42	67.62%	537.64%	21,154.71%	610,398.82%
43	71.50%	592.40%	25,387.65%	793,521.46%
44	75.57%	652.64%	30,467.18%	1,031,580.90%
45	79.85%	718.90%	36,562.62%	1,341,058.17%
46	84.34%	791.80%	43,877.14%	1,743,378.62%
47	89.06%	871.97%	52,654.57%	2,266,395.20%
48	94.01%	960.17%	63,187.49%	2,946,316.76%
49	99.21%	1,057.19%	75,826.98%	3,830,214.79%
50	104.67%	1,163.91%	90,994.38%	4,979,282.23%

In the chart above, you can see that you’ll reach Forex Freedom in 50 months at 5%/mo, in 26 months at 10%/mo, in 14 months at 20% and 10 months at 30%.
Your income would double in 64 months at 5% (not shown), in 32 months at 10%, in 17 months at 20% and in 12 months at 30%.
Of course you won’t make exactly 5%, 10%, 20% or 30%.
So the real answer lies somewhere in between 11 and 50 months to achieve Forex Freedom.  5% is a reasonable expectation for a forex trader, 30% is for a really good forex trader. You’ll see EXACTLY what’s possible in the 90 day forex trading bootcamp, where you’ll follow me trading for 90 days.

What if You Can’t Invest 10% in Forex Trading?

If you follow the Forex Golden Goose concept, you’ll eventually get there. It’s better to invest something than nothing. If you can’t (or aren’t ready) to invest 10% of your income, then decide to invest something.
I’ve provided the table above to show you what’s possible with just a measly 10% of your income. Within the next 1-5 years, you could be totally financially free with forex trading.
You could invest 20% of your income & get there twice as fast!
You could choose 5% of your income and it would just take twice as long.
You can change what you’re doing over time, but it’s important to just get started. When you start pulling in pips, you’ll want to invest more.
10% of your income isn’t much. In fact, you probably let 10% of your income slip by without noticing it already. If you’re maxed out on your bills, you need to reduce them somehow.
It’s completely IMPOSSIBLE to become wealthy if you spend more than you make. Get your bills down to 90% of your income. Move to a cheaper place, eliminate cable, eat out less, plead bankruptcy if you have to, change something.
You’ll never be wealthy without a Golden Goose, it’s a permanent recipe for working just to survive, not to live.

Personal Money Management

Wealthy people are all excellent at managing their money. You don’t only need to manage your money when you’re trading forex online, you also need a good system for managing your personal finances.
In my next Forex Freedom blog post, I’ll share a personal money management system that will allow you to eliminate your debt, have money for things you want to buy, have money to spend freely & live the life you desire.

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