#Financial freedom how to
#Financial freedom free

#Financial freedom how to

Learning how to financial plan is not be limited to those who are barely getting by. For people who are living from paycheck to paycheck, it is of utmost importance to learn how to budget. In fact, making sure that you are at the top of your game when it comes to making money a priority. You need to own it because, sooner or later, you might have to rethink your choices once you realize that you’re getting nowhere from your financial decisions today. These questions are some of the basic things you need to ask yourself to know how you can better manage your money.ĭealing with finances can be tricky, and you might feel you’re not cut out for it. Are there life changing experiences coming up that you’ll need money for?.Can you survive without a job for three months?.Is your job covering the required expenses you have?.How much money do you need to survive in a week?.No matter what stage you are in your life, you should first assess the financial reality you are living in. The first step should always be awareness. Understand Your Current Financial Position Below is a 10-step formula to get the results of becoming financially free. The path to financial independence can be challenging, but it is definitely worth the trip. In fact, a few wrong decisions are all it will take for your hard-earned money to be gone in a second. Indeed, money can slip through your fingers with just a few wrong decisions. Blueprint to Attain Financial Freedom (10-Step Formula) Your daily coffee, cigarettes, buying clothes, and other bad habits may snowball to more significant problems for you in the future and limit your opportunity of becoming financial independent. There is nothing wrong with spoiling yourself now and then, but you need to be careful where your money is going. Someone didn’t tell them about the the billionaire university dropouts that started Facebook, Microsoft, Google, Turner Broadcasting, Oracle, Ty Beanie Babies company, Occidental Petroleum, Vanity Fair, the New Yorker and hundreds of other successful enterprises.Ī real pandemic of today, is the consumption economy where individuals are always treating themselves and equating these expenses to happiness. It’s not surprising the education systems tells us that we need to be educated to get paid well.

Our education system told us that there are few high paying jobs and those require talent, education, commitment, timing and luck to land. We were also taught that money is scarce.

#Financial freedom free

The concept of using investments, businesses or other vehicles to help us live financially free lives is not part of any curriculum. We were expected to finish school, graduate, ideally go to a post-graduate program and then find a stable job that can cover all of our expenses, allow us to save and enjoy some vacations along the way. To begin with, the concept of financial freedom is not something we are taught growing up. However, we can bucket these situations to help us understand what restricts us. The reasons why most people don’t attain financial freedom is a bit case-to-case.

Reasons Why Financial Freedom Is Elusive?