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Wednesday, August 6, 2014

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Be free from debt.


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The 9 Steps To Financial Freedom

The 9 Steps to Financial Freedom...
Now is the time to step up and achieve financial freedom!

The 9 Steps to Financial Freedom
  • How many years have you been broke?
  • For how many years have you been looking for a solution to bail yourself out of debt?
  • How many times have you thought that winning the lottery is the only solution to your neck-deep financial problem?
Many people are like you, there are hundreds and thousands of people all over the world who want to achieve financial freedom but think that they do not have the resources to do so.
Being financially stable and free is not all about the money.
Learn from these 9 steps to financial freedom...

1. Change your way of thinking

Many people think that having a lot of money is the true measurement of success.
And so, a lot of individuals are putting on a show. For other people to think that they are successful and that they have a lot of money, they buy things that they don't need.
Most are just a status symbol. They buy expensive things that are not really essential.
What happens next? They spend the rest of the year trying to earn what they owe to the bank.
If you are like this, your entire life is tied to the bank.
You earn basically just to pay off your debt.

2. Earn more than you spend

It is not a sin to live a modest life. It is not a crime to wear second hand shoes or to drive a 10 year old car.
Well, these 9 steps to financial freedom won't leave you living a fancy life if you can't afford it.
Manage your earnings well by keeping more and spending less.

3. Create passive income

If you learn to spend less, you will have more savings. You can use a portion of your savings to invest in an online business.
Another would be to invest in the stock market. Instead of saving your money in the bank, your money can yield more interest in the stock market than in the bank.
However, you should also realize the consequences of investing in it. Look for a knowledgeable person who can walk you through how the stock market works so you'll learn.

4. Avoid swiping your credit card

Better yet, do not get a credit card. Credit cards will let you feel that you still have a lot to spend when in fact, you really don't.
It is wiser to carry cash, so you'll know how much is your spending limit for the day and you won't overspend.

5. As much as possible, buy only the things that you need and a little bit of what you want

Even if you're following the 9 steps to financial freedom you also need to reward yourself once in a while.

6. Increase your financial limit

When people think that a hundred dollars is enough, they stop striving hard when they have reached their target which is a hundred dollars.
But, when you think that your financial limit is a million dollars then you don't stop earning and doing your best until you reach that million!

7. Think positively

Thinking positive attracts positive vibes.
If you will it then, it will happen. It is a just a matter of conditioning.

8. Have self-discipline

Changing your way of life and redirecting your spending is a very hard thing to do.
You need utmost self-discipline to succeed with that. Think of the end in mind to motivate you and help you discipline yourself.

9. Avoid that little indulgence

If you have disciplined yourself for so long, what will give you away is giving into little indulgence.
When you feel that you are so deprived, go back to step number five of the 9 steps to financial freedom and reward yourself a little.
However, avoid giving yourself a reward before the time for the reward is due.
These little indulgences will break your self-discipline.

Source: http://www.future-success.org/9-steps-to-financial-freedom.html