www.1001TopWords.com |
Financial Freedom, Is It Only A Dream or Just Steps Away?
Almost all of us go to work everyday and do the same routine over and over again. We work so hard until we caught up in the routines for years. With the salary that we earn every day, we try to pay all of our bills. We always expect to get a higher salary, getting promotion or our business running better so we can earn more money. But we do not realize that when we get more income, we also have spent more money on our needs. After we work for two, five, or even ten years we just realize that we have been in the rat race of our financial troubles. So, to be financially free is only a dream for us, we don't think that is possible. We already set our mind set that we will retire after 40 years of working and then we start to enjoy our life after that. I don't want to do that. What if you can get the financial freedom faster than 40 years? What if I can show you how to get to financial freedom in 5 years? Wouldn't it be interesting for you? There are couples steps to achieve financial freedom. First, you have to get the right mind set. Your mind set is what you are. You have heard old saying "You Are What You Think You Are". This is true, when you think that you will always be poor then you will always be poor. When you think that you are a loser then you always will be a loser. When you think that you are short, then you always will be short. You see what I mean? Unless you want to change your mind set to the positive way, there is no way that you can get your dream, which is Financially Free. You have to believe in yourself and think that is possible for you to achieve financial freedom. From that kind of mindset, you will get different power in yourself and attitudes that will guide you until you achieve your goal. Second, if you do have the right mind set, you have to change the bad habit that you have. If you don't have the money, don't spend it! Our society nowadays, has a brand new habit that does not exist centuries ago. We can spend our money before we earn it! That's right; I am talking about credit card. If possible, cut all the credit cards that are not in used. We will be trap in this financial mouse trap easily with all the credit cards lying around on our tables. We have to be discipline by only keep one or two credit card that we use often only for emergency. If you use your credit card, please do it in your current budget, not your future budget. A lot of people are trapped because they use their credit card based on their 'future' budget. For example, Bob just got promoted this week, and his salary will be raised next month. He was so happy about it, and then he spends his future salary with his credit card. This is the mistake that we often do. In short, don't spend it until you have it in your 'pocket'. Third, don't put your money in the bank for too long. We often forget that if we put our money in the bank, the value of the money will be decrease so fast. The interest rate that the bank gives is far less than the inflations rate each year. We always have to be smart about our money. The bank doesn't care about our money; in fact, they made the most profit from our money. We have to find the perfect investment. I suggest you to go to your financial advisor ask for their best opinions. They will seek your needs, and they can give you the investments that are suitable to your needs. Fourth, if we really want to be financially free, we have to earn a passive income. There are several ways to earn passive income. First we can create our own company that can runs without us. So, in short you can create a system that can works for you. It doesn't have to be big; you can start it with a small size company, for example a groceries store. The most important from this is that you have to set up a system that works without you. Another way to get a passive income is that you can franchise. Franchising nowadays has increasing tremendously in the past few years. This industry gives the owner to adapt a system that are already being established and proven. If you don't want to build your own system, you can buy a franchise and run it. Last but not least, you can always join network marketing. Network marketing is very reasonable for people that don't have big capital. Opening your own business or franchising a business could cost you a fortune, but network marketing usually cost very little to start. You can always find a good network marketing company and stick with the company for 5 years. There you can learn how to built your network and achieve Financial Freedom. Those are couples steps that you can follow to achieve financial freedom. Every journey is start with a small step. So, you can start your own journey to your financial freedom by start it with a small step. Don't you waste your time, because the time is so precious that we can't turn back the time. Hopefully this entire article help you realize that everyone need financial freedom, before you caught up into the routines for years. Yochention Saritoh is an internet marketer and a member of Elite Team International and Financial Freedom Society Incorporation. He holds a degree in Master of Science from California State University at Fullerton, USA. If you want to know more how to achieve financial freedom, you can go to http://www.EzInternetIncome.com or e-mail him at Yochention@yahoo.com
|
RELATED ARTICLES
Discover the Secrets and Possible Solutions To Money Problems It is sometimes pitful how many projects are never bornor die simply because of the flimsy excuse : "We don'thave enough money !" Understanding the Three Different Types of Income Part of learning to become financially free is to begin to understand that there are three different types of income. They are: capital gains, passive income, and earned income. They are the three types of ways to make money, and are very easy to understand. Wealth Building Tips: Manage Your Money As someone who loves to shop, enjoys holidays and owns way too many pairs of shoes, managing my finances is definitely something that does not come naturally to me, I have had to learn. Managing your money is so important in becoming more organised, less stressed and more productive in your life ? you'll be amazed at what you can achieve with your money when it starts working for you, rather than you always working for it! Finding Financial Freedom Do you ever get this in your email box: Find Financial Freedom! Make $150,000 from home in the next 90 days! How about 10 times a day? Prosperity An ellipsis to your success is hidden in the word prosperity. Take a letter; make a word; assign a meaning, discover a pathway to your prosperity. You might be tempted to think of this as a simple word game. Remember that to play is to use both halves of your brain. Building Wealth: Its An Inside Job ? Part 1 Whenever we read about building wealth or even attend a seminar for that purpose, we usually begin by assessing our present financial status. We're asked to calculate our assets and liabilities followed by a determination of where we'd like to be in a certain period of time. Being armed with this data along with assessing our present earning and saving power, we then set out to structure our financial goals. Although we try to be realistic, we still want to stretch ourselves a little bit ? after all, that's one of the purposes of setting goals, isn't it? To achieve more than we normally would if we didn't have goals in the first place. And also, goals are supposed to give us direction. Before There Was Wall Street, There Was Gold.. & when Wall Street is gone, there will still be Gold Paper burns and large companies can go bankrupt, but if you want a piece of the solid rock, go for Gold. Financial experts agree that the rising value of gold, which has climbed since 2001 to a 16 year high of $456 (U.S.) an ounce, is going to be spurred on in 2005. Precarious world situations, from political turmoil to flailing currencies, are taking a toll on the trade markets. The cry for stability and future security is high on the priority list for North Americans and can also be heard pulsating around the globe. Gold, along with the precious metal industries, is emerging as a reliable anchor for many investors at home and abroad. Trustees: Who Can You Trust? Early in my legal career I represented two young women in their early 20s. Financial Intelligence - Compounding (The Ninth Wonder of the World) Compounding: The Ninth Wonder of the WorldBy Nicola Cairncross Trustee Fees: How Much is Enough and How Much is Too Much? I am often amused by the ads and offers I see concerning living trusts. Why You Need To Buy and Sell Gold Coins (Part 4) Top Investment Performance Stop Losing Thousands of Dollars Every Day: Six Tips For Creating Wealth We all go to school for about twelve years, kindergarten through high school. Some of us go to college and then graduate school. Personally, I went to school for three years beyond college with law school and took financial courses after that was over. In all of that time, economics courses, accounting courses and even tax courses, no course or school ever covered what we are going to talk about. It Adds Up Loose change that is, if you want a easy way to start saving a little extra money these 5 tips show you how to do just that. The Top 10 Steps to Extraordinary Personal Wealth I recently came across startling figures about the average American's finances. Only 4% of us have significant savings when we hit age 65, and a majority of Americans have less than $1000 in savings. Perhaps even more troubling, nearly one-fifth of us have a negative net worth, meaning that we owe more in debt than the total value of our combined assets. In a land of wealth and opportunity, and in an age of unlimited freedom, attaining wealth is primarily a matter of choice and determination. The following are my suggestions for rapidly increasing your personal income and wealth. The Mathematical Formula For Making Money No matter what markets you serve; what products you sell; or what marketing tools you use, in business there's one truth you cannot escape. The 11 Best Money Saving Ideas of All Time - Part 1 At any time in history, no matter what the current state of the economy, no matter what the current trends, no matter what the unemployment rate is or where interest rates lurk, some money-saving ideas stay true. 16 Mantras for Building Financial Wealth Everyone wants to be wealthy, but most of us do not have anyone to guide us down this road. Even if we stumble upon a mentor, most of us may think it's a scam. Most of us have beliefs that keep us struggling financially; "the more I can save the richer I will become"; "building good credit is more important than how I use it"; "if I stay with my job for 10 years I will be rich"; "the rich are greedy and take advantage of others"; "I am not smart enough to be rich"; "if I work hard for my boss I will be greatly rewarded"; "I would have to work non-stop to become rich"; "I have to give up what I love to become rich". All of these beliefs are true from a certain perspective, namely yours! Most of these negative beliefs have been forced on us as children and are constantly reinforced by friends, family, news and even sitcoms. Personal, deep-seeded beliefs are what separate the top 10% from the bottom 90% in this country. Below are some mantras to think about every day in order to replace those negative beliefs: The Difference Between Wants & Needs So you want to become wealthy? While there is no single road to getting there, it's a sure bet that one principle is in place for those who keep their wealth over a lifetime. Live beneath your means. Spend less than you make. Don't spend more than you can afford. It doesn't come any simpler than this. If you want to create wealth, you have to learn to do this. It doesn't matter if you make $10,000 a year or $1 million, if you don't learn how to master the step of spending less than you earn, you'll never create lasting wealth. Why do Some People Rake in the Dough while Others Spin Their Wheels to No Avail? Here's the truth: I have read hundreds and hundreds of books about personal finances, from the conventional world of financial planning, to the trendy how-to-get-rich programs to the New Age gurus of money. Residual Income - The Myth "Join our program and retire in 3 months..." yeah, right. |
© Athifea Distribution LLC - 2013 |