Insights from Steve Cook, author of Lifeonaire:
An Uncommon Approach to Wealth, Success, and Prosperity (Lifeonaire
Promotions, LLC, 2018, ISBN: 978-0-9863228-7-7, $14.99)
One cornerstone of Lifeonaire founder
and author Steve Cook’s path to prosperity is cutting life down to the basics.
By cutting out the things we don’t need—the giant mortgage, the shiny new cars,
the pricey data plans, the lavish vacations—we free up money to fund
income-producing assets. Yet there are many other benefits to dramatically
simplifying your life.
For example:
1. You’ll
quickly amass an emergency fund. If the water heater breaks,
you’ll be able to replace it without going into debt.
2. You’ll set the right example for your kids. You
can tell kids all day not to be materialistic, to avoid debt, to conserve and
recycle, to save for the future—but if you don’t practice it, all your
preaching is meaningless. We believe what we live every day.
3. You’ll be more likely to be able to afford
college… If your kids choose to attend a four-year-college (not a
necessity, by the way), you can help them do so without racking up major debt.
4. …And maybe retire someday yourself. If
you choose to, that is. Hopefully part of your simpler life involves work that’s
not so soul-crushing. You might choose to keep working for a
long time and that’s great. True prosperity is about freedom to do what you
want.
5. You’ll get to know your community. When we’re not
spending thousands on big vacation getaways (in the post-COVID future of
course!) we’re more likely to explore local parks, libraries, and other
close-to-home attractions. This, in turn, can make us more engaged and involved
citizens.
6. You’ll spend more time with family. Without expensive
distractions to, well, distract you, you might find yourself
going on hikes or bike rides, playing board games at home, or volunteering at
the local food pantry or animal shelter together.
7. You’ll find a new sense of peace. Ask anyone who has
started controlling their money rather than letting it control them: Instead of
feeling deprived, you feel good. You won’t have the low-grade hum of anxiety
that comes with overspending and racking up debt.
8. You’ll get more mindful and grateful. Consumerism
creates a desire for more, more, more. In the quest for what we
can buy and where we can go tomorrow, we miss out on the present. When we
refocus, we may start noticing sunsets, birds at the feeder, or the simple
pleasures of baking cookies or throwing a football with our kids.
9. You’ll get more generous and giving. The less you
spend on yourself, the more you’ll free up to spend on others. And as the way
you see the world changes, you’ll want to give. It feels
good to be able to help—and even better to see your kids discover the joys of
caring and sharing.
“Making the decision to live simply and sanely
changes everything,” says Cook. “It’s not just a change in spending habits.
It’s a shift in values and priorities. It changes who you are as a parent, a
partner, a neighbor, and a human being.”
# # #
About the Author:
Steve Cook is the founder of Lifeonaire, an author, coach, real estate
investor, speaker, father, and husband. He has a passion for teaching, giving,
and his faith. After two failed restaurant ventures in 1998, Steve hit rock
bottom and lost everything. With no money and nothing but a strong will to
succeed, Steve turned to real estate investing, and his efforts were met with
an uncommon success.
As a
professional real estate investor, he has done over 550 deals and made millions
of dollars, and it was that very success that led him to realize that having
true abundance isn’t about a lot of money or possessions—it’s about having a
wealth of life.
With this
understanding, Steve founded Lifeonaire, and now his passion is sharing the
message with others to help them live prosperous, abundant lives.
About the Book:
Lifeonaire; An Uncommon Approach to Wealth, Success, and Prosperity (Lifeonaire
Promotions, LLC, 2018, ISBN: 978-0-9863228-7-7, $14.99) is available from major
online booksellers.
To learn more, please visit https://lifeonaire.com.
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