How to Achieve a Dream Life? Start with your LTSS

Ferrari my road to financial freedom

How to Achieve a Dream Life?

So What Are Your Dreams?

Do you want to travel the world?

Have a BMW or a Ferrari?

Own a beautiful home on the beach?

Do you want to have the latest gadgets and designer clothes?

Eat out at expensive restaurants?

Send your kids to the best private schools?

Whatever you can think of having, that would lead you to live a life of your dreams.

With the right strategy, these things are possible… but it will all cost money.

So how can you pay for the life of your dreams without completely overwhelming yourself?

paradise my road to financial freedom

The answer is your LTSS.

Previously I have spoken about creating a separate bank account and depositing 10% of your money into it as soon as you get paid.

This is your FFA or Financial Freedom account that you use to create the golden eggs that will lead to financial freedom.

What I also want you to do, is to create another account and deposit another 10% into this account as soon as you get paid.

This account will be your LTSS or Long Term Savings and Spending account.

This account will then be used to save up for any big-ticket items such as a new car, computer, holidays or a designer outfit.

Whatever you can dream of, this account is it!

It can also be used to wipe out any bad debt that you may have.

As part of my money management system, I believe it is important to take a holistic view of all aspects of your life and money.

If you are all save, save, save, then you will just end up sabotaging yourself.

It is important to live a great life as you continue your road to financial freedom.

Live your dream life

So to live your dream life it is important to have your LTSS account working for you so you can have some of the finer things in life.

Ferrari my road to financial freedom

You may not want the BMW or Ferrari, but with your LTSS it is good to know that you will have the money there when it’s needed, and you still have your FFA account ticking away in the background towards financial freedom.

Of course, you can always speed up the process of your dream life by starting an online business and adding an additional residual income stream!

If you have any questions or comments feel free to leave them below.

To your success,

John W. Newman

Helping you create TIME AND FINANCIAL FREEDOM by building a PROFITABLE Business Online!

Dream It… Believe It… Then Achieve It!

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John newman

John newman

My name is John W. Newman. Property investor, Internet entrepreneur, husband and father of four beautiful daughters. Join me on my road to financial freedom! Dream It...Believe It...Then Achieve It!


  1. Hey John,
    This is some pretty sage advice that I think more people could use. Everyone wants to have a balanced life and have the ability to buy what they want and travel and live out our dreams.

    But not everybody takes the steps to make it happen. I come from a financial background somewhat when in my mid 20’s I started helping people with their finances/mortgages.

    It’s amazing how many 50 year old’s there are in the states that are buried with debt – it’s sad really.

    So you’re plan is right on with getting your finances and saving put in order. Creating an online business to supplement your current income or eventually create a profitable online business that can create passive income is genius.

    It’s not that hard, takes some time and dedication. But would it would worth one’s time if they had an online business that made an extra $1,500 dollars/mo?
    That’s not a ton of money, but imagine putting that down in addition to your mortgage payment, you could be done with a home loan in 8 years instead of 30. How does that work out financially. Saving you 100K+ in interest fees, then take that money and invest it into something else.

    Thinking out loud, sorry. But you’re absolutely right John, how to achieve a dream in life starts with planning and taking daily action to achieve that plan.

    Great advice,

    • Thanks for your comment Todd and totally agree with your line of thought!
      Creating an online business for financial freedom is a major goal of mine as I am sure it is for a lot of other entrepreneurial minded people as well.
      But as you suggest, what if you could do it part time and earn an extra $200, $500, $1000 per month?
      What about an extra 2-3K per Month?
      Seriously, what could an extra couple of hundred a Month do for a lot of people?
      What could that do for your life and the life of your loved ones?
      All it takes is a bit of training and effort! You CAN learn the skills!

  2. This is a good idea – out of site, out of mind. If the money isn’t available in your daily living account, it’s a lot easier to forget about it and let it grow.

    But why do you recommend two additional accounts (FFA & LTSS) instead of one?

    • Thanks for your comment Arp.

      I believe it is important to take a holistic view of all aspects of your money and have a variety of accounts for specific purposes.

      I will explain more in coming posts ,but in the meantime grab a free copy of my eBook The Stepping Stones of Wealth that explains the whole process of my money management system!

  3. Great idea John! I like that LTSS!

    Being that I do not have any debt, I don’t use credit cards anymore only debit cards, the idea of an LTSS is a great idea! Plus 10% is not really a lot, so it shouldn’t be a problem.

    I could always use another account. I believe in never having one bank account…as the saying goes, never have all your eggs in one basket. 🙂 Thanks for sharing.


    • Yes definitely Robert!

      A great mistake a lot of entrepreneurs make is putting everything in the one basket then it all goes pear-shaped and they lose it all!

      Asset allocation is a big key!

      Thanks for your comment!

  4. Cool post, John!

    I want everything you mentioned above, except for a BMW (as I really want a Ferrari 458 Italia) and sending my kids to the best school (as I don’t have any yet) 😛

    I’ve never heard of LTSS but this is something I will look in to 🙂

    Each day I’m getting 1 step closer to living my dream life and can’t wait for that day to come. Some people tell me to “dream on” but in actual fact it’s them who will be “dreaming on” because I’m taking action to make it happen!

    Thank You for your insight.


    • Thanks for your feedback Neil!

      I have always wanted a BMW, but I definitely want the Ferrari!

      The LTSS account is just a small part of my money management system.

      I outline my five-step process to wealth in my free eBook The Stepping Stones of Wealth.

      Remember a big part of wealth creation is not only how much you make but how much you keep!

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