How to Be Financially Free
Most people have lost their passion for an amazing life. They consider it their destiny to grind to their next pay check. Can you imaging yourself relaxed, not worrying about your basic bills and needs? Can you see yourself financially free?
What is financial freedom?
Financial freedom is the level your passive income equals your current expenses. No matter what lifestyle you’re currently living, if you are happy and can stop working, your are financially free.
76% of the population lives paycheck to paycheck. That is CRAZY! People can’t seem to get out of the vicious buying cycle. If you like it or not, we live in a capitalistic intense society- and money is at its nucleus. Money is a part of everyday life. Every time you go to the grocery store or gas station, you need money.
The truth is that most people never go beyond this harsh reality. Unconsciously living is the reason for an overwhelming majority stuck living check to check. The move to change your path is not as difficult as you imagine. There are several reasons people never move past financial slavery.
- Unconscious Living
- Lack of Direction/Intent
- They Love the Jones’
- Non Believers
The first thing you have to do is 1) wake up and live a conscious financial life. Know where your money is and where its going. It’s not rocket science. 2) Be intent on spending less then you make and 3) stop watching what others are doing. I don’t care if Mr. and Mrs. Jones are going on their third vacation this year.
You have to 4) believe that financial freedom is possible for you much sooner then later. Believe me you don’t have to wear yourself down to the bone and wait for social security to retire in mediocrity.
Principles of Financial Freedom
There are principles to building a better lifestyle. Principles are laws that work without fail if you strictly apply them.
- Create a Budget
- Reduce Expenses
- Increase Income
- Create a Savings
Much like anything, the more aggressively you apply these principles the faster you will accomplish your goals. Everyone has a number they need to hit to be free. Find out what your number is and create a plan to get there. Be as aggressive as you and your family can take and never look back.
Be your best and bring your best, leave nothing to chance.
“Success is a Journey, not a Destination.”
Derick Gant is an American entrepreneur, author, speaker, motivator and personal mastery coach. Gant is a respected, highly regarded advisor whose passion is teaching people how to master themselves, their world, and their future. His books, packages, and seminars provide people of all backgrounds with the practical tools required to secure their personal financial freedom.