3 Habits to Your Financial Independence
So what is their secret? 1.
Have a clear plan The first thing you want to do is figure out what you want.
Do you want freedom? How about more time to spend with your family? These are all things to keep in mind.
Once you've decided where you want to be in 5+ years and what you want while your there you need to focus on those goals.
You need to develop emotion when you think about them.
By doing this it will help you complete step 2 that much quicker.
2.
Stabilize yourself The first thing you need to do is become financially stable.
This means saving up some money for emergencies while paying off your debt.
A great book to start with would be Total Money Makeover by Dave Ramsey.
This book will change your life and help you make that shift from chaos to stable.
once you've saved some money for emergencies, paid off your debt, and put money away for savings, you can move on to the next step.
3.
Build wealth Once you are financially stable you can begin the best part...
building wealth.
You have to decide how you want to build wealth.
Do you want to invest? how about building your own business? The problem with these two is if you don't know what your doing it can be kind of risky.
So make sure you make the right decision during this step.
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