An Overview on Financial Freedom
March 26, 2009
By Mercie Hallow
Everyone is dreaming to be financially free someday. We all want to not be too dependent on our works in order to live. It is where one is making money work for himself. Financial freedom is having your money work for you, not you working for the money. Financial freedom is where you can increase your money without doing anything.
Some say that it is wrong to be so obsessed about money. I say the opposite. Be obsessed with money. Eat money, think money and live money. It is through these principles that one will be able to delve more about the topic of money and study more about it. In this way, he/ she will have a full understanding on the subject and in the end look for ways to earn his money column. One should need to be financial literate if he seeks to be financially free someday.
Financial freedom is achieved when your expenses are lower than your income or your income is greater than your expenses. It teaches us to invest our excess money rather than save in banks. In this way, our money will grow through wise investing as oppose to it just being left there in the bank. If one seeks to be financially free, he/she should study more about money and how it works and increase his financial literacy.
Financial freedom teaches us on how to create wise spending habits. After receiving our income we should save or invest first. This is versus the habit of paying our bills first and then saving what was left. I know that it is important to pay our bills but this practice can lead us a disciplined life in terms of investing and saving. Giving tithes or 10% of your monthly income to churches is also a teaching under financial freedom.
There are many ways to learn financial freedom. Check your local listings for other seminars about money and business opportunities.
Some say that it is wrong to be so obsessed about money. I say the opposite. Be obsessed with money. Eat money, think money and live money. It is through these principles that one will be able to delve more about the topic of money and study more about it. In this way, he/ she will have a full understanding on the subject and in the end look for ways to earn his money column. One should need to be financial literate if he seeks to be financially free someday.
Financial freedom is achieved when your expenses are lower than your income or your income is greater than your expenses. It teaches us to invest our excess money rather than save in banks. In this way, our money will grow through wise investing as oppose to it just being left there in the bank. If one seeks to be financially free, he/she should study more about money and how it works and increase his financial literacy.
Financial freedom teaches us on how to create wise spending habits. After receiving our income we should save or invest first. This is versus the habit of paying our bills first and then saving what was left. I know that it is important to pay our bills but this practice can lead us a disciplined life in terms of investing and saving. Giving tithes or 10% of your monthly income to churches is also a teaching under financial freedom.
There are many ways to learn financial freedom. Check your local listings for other seminars about money and business opportunities.
About the Author:
Mercie Hallow is a writer and a researcher on events in Travel and Leisure. Visiting events such as the Ohio craft shows will open ones spirit on the beauty of the world beyond home's borders. If youre staying in Ohio, the author suggests checking out the Ohio craft fairs for entertainments to make your stay memorable.
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