Freeing Yourself from the FIFO Golden Handcuffs
The truth is FIFO workers keep the mining and gas industries running in Australia.
And some people could say that FIFO workers get paid pretty well for the work they do.
But nobody really talks about the cost on the workers and their families being away from home for weeks and even months (yeah, thanks coronavirus!).
You’re supposed to suck it up and think about the money… Head down, bum up, do your job and take home some money.
But, for a growing number of FIFO’s, just seeing your kids on the screen between shifts (when you can get internet), hearing about how your boy took his first steps, your daughter said her first words or won the race at school or lost their first tooth is getting harder…
Especially with many families in lockdown for God knows how long, not knowing when you’re going to be able to hug them again.
If you’re looking for something else, an opportunity to build a good income AND see your kids grow up and be a big part of their lives, what can you do?
What options do you have to Break the FIFO Golden Handcuffs?
Reskilling and looking for a job closer to home is tough at the moment – jobs are harder to come by with so many businesses closing their doors or at least putting a freeze on hiring until everything gets back to “normal”.
You could try opening your own business – maybe a services franchise like a Jim’s mowing, or handyman?
At the moment, entry level for a Jim’s franchise is around $35K to $40K and there’s the uncertainty and giving up what you’re doing; what’s putting food on the table, to really make a go of it.
You might not have even thought about it, but building an online forex trading and investing business could be a real option for you to get out of the FIFO trap and work from home.
Despite what most people might think, you don’t need to be a genius with numbers or have a lot of money to start trading.
What you really need is to WANT to do it and be willing to get coaching from a committed trading coach, following a proven trading method with step by step, easy to follow education and ongoing support to get through the challenges you’re going to have.
I’m not saying it’s going to be easy, but; with commitment and focus, it will be worth it, more than you could even imagine.
The full cost of getting started: with all of the step by step education, support and your starting capital is less than 1/3 of what it would cost to buy a mowing franchise… And you’ll only need to put a maximum 6 to 8 hours a week into this business to make more than a mowing franchise.
Kick Start Your Financial Freedom with Your Super!
Because LIFT helps you build a Passive Income Investing Portfolio, did you know that you could use part of your Superannuation (in a Self Managed Super Fund) to pay for your Trading Education and Coaching?
You can Get Started Building Your Financial Freedom without spending any of your own cash… If you have at least $40K in an SMSF, you cover your LIFT Investor Trader investment without any money out of your pocket…
How many other businesses can you do that?
LIFT Investor Trader has been built from the ground up so that virtually anyone with even basic computer skills and the ability to follow a process can build a full time income from home using forex trading as a business opportunity.
We work one on one and in small groups with FIFO workers, tradies, demolitions workers, small business owners and nurses among others to help them build their own home-based trading and investing businesses, whether you’ve some experience or absolutely no experience.
Darren was Ready for a Change…
Darren a mining FIFO worker and his wife Lisa recently came back into LIFT Investor Trader in March 2020 after joining LIFT just on 2 years ago. When they started, they were interested in setting up an income from trading, but (they would admit) weren’t really COMMITTED at the time.
Fast forward 18 months and a global pandemic, Darren was forced to make a decision by the mining company whether to leave his young family for up to 6 months, or not have a job.
Darren made the tough call and committed to being with his family and getting back into LIFT Investor Trader to replace his income. With this commitment, he spoke with his LIFT coach and they worked together on a plan to get him profitable and then build the profits so he would never have to work FIFO again.
4 months later Darren says it was the best decision he ever made. He’s on track to having a full time income from trading by the end of the year (closer, if you ask his coach) and he gets to spend every day with his family, trading only a couple of hours at night once Kiara and Jesse have gone to bed.
So, How do You get started Breaking the Golden Chains?
1. Know what you want to do and WHY you want to do it. The reasons you’re currently working as a FIFO Worker are exactly the same reasons you have to build a home-based trading income – to be able to give your family a better life, BUT WITH YOU IN IT.
2. Learn more about the REALITY of building a home-based income from Forex Trading and Investing by watching THIS VIDEO
3. CONTACT US to have a no obligation, pressure-free chat with one of our Trading Coaches about LIFT, so you can decide for yourself if this is something you want to do.
4. Talk with some of the LIFT Investor Traders, including Darren, who are actually making this work for them and are making a growing trading income.
5. Invest time, some money and effort into getting started on the best foot with a support coach and community of traders and investors – ready to help you when you need it.
For more trading term general definitions, visit our A to Z of Forex Trading
To look at these concepts in action, please visit our sister site, Latest Forex Rates
What to do Next
If you have more questions or need further guidance, don’t hesitate to reach out to us at The Trading Coach International for personalized coaching and support.
If you would like to learn more about trading forex profitably and what steps you can take next to get on the right track to build your Lifestyle Income From Trading, you can book an no obligation, Free Strategy Call with our Lead Trading Coach by clicking on THIS LINK
The information, strategies, techniques and approaches discussed in this article are for general information purposes only. The Trading Coach International does not necessarily use, promote nor recommend any strategies discussed in this article. The information in this article may not be suitable for your personal financial circumstances and you should seek independent qualified financial advice before implementing any financial strategy. The Trading Coach International is not a financial advisor and does not have AFS registration.