Ask Yourself These Magic QuestionsĪsk yourself the two “Magic Questions” after every meeting and every event of importance in your life. Very soon you will have so much knowledge in the area of money that people will come to you for advice. You may even invest in yourself by investing in the advice of a financial advisor. Purchase courses on money management, read books on personal finance, and find articles online about money. ![]() ![]() The average person spends 500 to 1,000 hours per year behind the wheel.īy turning your car into a university on wheels, you can become one of the most knowledgeable and skilled people in your profession. Spend your time focused on what will make you the most money. The things you focus the most on and spend the most time doing should be in direct alignment with your financial goals. Your ability to develop the habit of concentration will do more to ensure your personal finance success than perhaps any other skill or habit you can acquire. Virtually everything you do in terms of goal setting and financial planning is aimed at enabling you to determine the one or two things that you should concentrate on more than anything else. The principle of concentration is absolutely essential to achieving financial freedom. The Principle Of ConcentrationĬoncentrate single-mindedly, every hour of every day, on the most valuable use of your time. Plan how much you have to spend for the week, month, or year and decide where you will be able to save.įrom there, put as much as you’ve allocated into a savings account, some into an emergency fund, some aside for normal bills and paying off any student loan debt you may have, and maybe even consider budgeting for investing money in the stock market. When you plan every day in advance you will be better able to control and track your spending habits as well. You will find yourself with better focus and a greater sense of self-control and personal power when you work from a list. The very act of planning each day, each week, and each month in advance will make you far sharper and more precise at everything you do. The best time to do this is the night before. 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. This will take you between five and ten minutes. Rewrite and review your goals on paper every day and think of how you could accomplish them. Rewrite Your Major Goals For Financial Freedom When you begin thinking positively about money, you will attract opportunities and open up more doors than you ever thought possible. You must eliminate the thoughts that having more money leads to evil or that money can’t buy you happiness. Thinking negatively about money is an emotional obstacle that you must eliminate in order to achieve financial freedom. Part of becoming rich and achieving financial freedom involves thinking positively about money. If you’re ready to achieve financial independence and freedom, here is a seven-point formula that you can use to help accumulate wealth, become happier, and achieve financial freedom in the years ahead. Through proper financial planning and making it a goal to improve your personal finances, you can become one of them too.įinancial freedom means you have the ability to live your life without worrying about being tied down by monetary limitations, relying on an emergency fund, or worrying about money in general. ![]() The good news is that there are more people achieving financial freedom faster today than ever before. The only question is, “Are you ready to do it or not?” ![]() We all want to have enough money so that we never have to worry about money again. However, only a small percentage of us actually achieve the financial freedom we long for. One goal that we all have in common is that we all want to make more money in order to achieve financial freedom.
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