Real Estate

Financial Freedom: Obvious Ways To Get It

We all want freedom. Every day and every hour, people on the bus, in offices, and in homes around the world are thinking: How can I be free? For some, this means not working, for others, freedom means having time to spend with loved ones. Regardless, all types of freedom require financial freedom. To do the things we love we need an income, so for that we need financial freedom. Today life is much more expansive than it used to be and more and more people, who could live on a meager wage 30 years ago, need to look for work. Recently, people are starting to realize that they work for 20-30 years and can’t even save money for old age, not to mention spend time with family. What a cruel world is this?

So what is financial freedom? Well, if you search for it on Google you will get thousands of answers, between buying your house without a mortgage and going to the supermarket to buy only the absolutely necessary groceries. In most cases, those who write financial freedom articles are right when they give you tips and advice on how to shop cheap or save more. However, they are only marginally touching the heart of the matter: financial freedom is basically about earning more and spending less. Yes, I know it’s a radical idea, but think about it. If you earn X each month and spend XY, you will keep REAL MONEY in your bank account. This is the most important and basic of financial freedom: that in every waking moment (or dream) you will have free money in your account. Achieving this will ensure that when the day comes and you want to spend money on something, you will be able to do it.

How to obtain the financial freedom you ask for? Well, it’s basically thinking about your life and making some tough decisions. Use these tips I got from searching for “Financial Freedom” and review the hundreds of well written and thoughtful articles of financial freedom tips and advice.

1. Financial freedom is about living debt free. So, look at your debts (yes, all of them) and see what your debts are and how you can get rid of them. Start paying off your shortest debts first. By doing so, you will be able to get rid of more debt in the shortest possible time.

2. Financial freedom is about setting up an account for debt. Set aside some money, say 10 percent of your monthly income, in a special account that will ensure that you have an alternative option during emergencies, instead of going into debt. If you can resist the urge to spend, you can even have a special box or envelope of cash for emergencies (not for groceries!).

3. Think hard (I mean hard) about what you need to be happy. Can you do without a new gadget or pair of shoes? Most people don’t know what will make them happy, so they think spending money will do it. Most of the time buying things will eventually make you feel sad or depressed. After a while, you’ll start to feel embarrassed or upset that you spent money unnecessarily. So why not avoid it? Start thinking about what will make you truly happy and do that instead.

4. Start thinking of ways to earn more money. Earning more money equals more money you can spend when the time comes. Look for programs that can teach you how to make money online. It is not a hoax. There are some good programs that can help you earn extra money. However, they are not “Click Here and Earn Thousands of Dollars Instantly” type programs. You need to put in some work for them to succeed. But that means they are real, there is no free money. When you see a show that promises you heaven, avoid it! Check the resource box for a link to a review of one of those programs.

Leave a Reply

Your email address will not be published. Required fields are marked *