How to achieve Financial Freedom

Work, Business & Money​​
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Ends in 9 d, 12 h
Budgeting is important to get your finances on the right track, but it doesn’t end there. Even once you achieve financial freedom, you’ll still complete a unique budget every month. No matter how much money you have, you need a plan.
19 d
10 more people followed this discussion
For me, financial freedom is when I don't have to budget every single dollar of my income. I don't live a frivolous life. If I have enough money for the basic needs, I am one happy lady. All my other wants, I can take care of it some other way.
18 d
Funny thing about financial freedom once you've found it you don't want to let it go. Why should you? It's your financial freedom you can do anything you want to it. It will be wise when you achieve it to respect it.
18 d
hillquest.scriven, man, mahi and 7 other people started following this discussion
Most couples never talk to each other about their financial goals. If you’re in a relationship, before you roll up your sleeves and dig into the numbers, talk to your spouse about what you want to accomplish. Have a brief conversation about goals, values, and what kind of lifestyle you want.
18 d
My sister forcibly took all of my credit cards, then I slowly paid off all my credit card debts. If you can't control yourself from spending, ask for help.
18 d
In this day, companies are always luring you into buying the latest and the greatest gadget, appliances, etc. even if you don't need them. But their marketing will convince you that you need them. And if one of your friends gets convinced, you'll tend to be convinced as well. This is a never-ending loop that you don't want to get stuck in.
18 d
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If you want to be financially free in less than 10 years, you have to diversify your investments. Find different things that you’re passionate about that don’t require a ton of time and invest in them.
17 d
Create a savings account that can protect you for a few months, but not forever. It may be risky, but the only real way to create massive wealth is to invest as much money as you can.
17 d
You control your finances instead of being controlled by them – it does however depend on your lifestyle
13 d
Have a brief conversation about goals, values, and what kind of lifestyle you want.
13 d
When you begin thinking positively about money, you will attract opportunities and open up more doors than you ever thought possible.
12 d
Set financial goals for yourself.
Rewrite and review your goals on paper every day and think of how you could accomplish them. This will take you between five and ten minutes. The very act of writing and rewriting your goals, and thinking about them each morning before you start off, will increase your chances of accomplishing them.
11 d
Financial freedom starts with a budget. Set realistic goals for yourself and develop the discipline to stick with your strategy to reduce spending.
10 d
It’s a journey that you needn’t embark on alone. I believe developing a relationship with a trusted and qualified financial planner, who can help to turn your savings goals into a personal financial plan, is critical.
10 d
yubi.singhhugh.foxTaryn.Edgar
yubi.singh, hugh.fox, Taryn.Edgar and 7 other people started following this discussion
Reduce the debt that costs you the most interest, such as store cards. Consider your long-term goals. Remember that saving money for retirement is your most important long-term savings.
8 d
Save something each month towards an emergency fund. This will prevent you from having to go into debt if unexpected situations strike. Protect yourself against loss of income due to death, disability and critical illness.
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