Keep these numbers in mind as we work through the next few financial freedom tips. Then we’ll add the recurring monthly payments you receive such as salary, side hustle money, and so on. Next, take a look at all the money you have saved up.Ĭompile a list of all your savings: savings accounts, stocks, company stock-matching programs, company retirement-matching programs, and retirement plans.
I don t want to take your freedom free#
If it’s a small number, congratulations! Feel free to share your financial freedom tips in the comments below. If it’s a big number, don’t freak out, I promise I’ll share some ways to pay that down later in this article. Don’t forget to include any money you may have borrowed from friends or family members over the years. But this is a valuable step in the right direction.Ĭompile a list of all your debts: mortgage, student loans, car loan, credit cards, and any other debt you may have accumulated. Looking at how much debt you have, how much savings you don’t have, and how much money you need can be a depressing reality. You can’t achieve financial freedom without knowing your starting point. 10 Game-Changing Financial Freedom Tips 1. It’s also about planning your long-term financial situation by actively saving for a rainy day or retirement. It’s about recognizing that you need more money to pay down debt and maybe increasing your income with a side hustle – we’ll get to that in just a minute. And you aren’t burdened with a pile of debt. You aren’t worrying about how you’ll pay your bills or sudden expenses. You have a dependable cashflow that allows you to live the life you want. Financial freedom is about taking ownership of your finances.
0 kommentar(er)
