3 Keys to Financial Freedom

By: Momodou Sabally
Submitted: 2007-01-17 16:16:47
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Whether you want a $100 or a million is up to you. However, no matter what your position or occupation you need financial freedom. Now what is financial freedom? There is not set amount of money that could be established as the total any one person needs to acquire financial freedom. What it means is to have enough money so that you are not worried about money. You need all the money that you require to provide for you the basic necessities of life, whatever that means for you, and then some amount set aside for future needs.

Well it is a tricky business trying to set out for people just how much they need for economic security. However you can determine for yourself what you need to be financially free. And this is of utmost importance because you cannot enjoy life if are always worried about money.

Like one taxi driver said to me, “when you don’t have money to provide the next days meal, you cannot even enjoy a good night’s sleep with your wife!”

So how do you go about securing your financial freedom?

1.Set a definite amount of money that you need, whether it be a yearly income you hope to attaint or a gross amount you want, just set it in your mind and write it down. Keep your mind focused on this and never let the picture fade away.

2.Set a plan to acquire the amount of money you desire. Your plan need not be long but you need to establish one. Get it clear in your mind that there is no such thing as something for nothing and be ready to render useful service in return for the money you want to acquire. Earl Nightingale says that many for us get it wrong by saying that we want to make money. The only people who make money work in the mints, says Earl. The rest of us have top earn money. So be prepared to render useful service whether your are going to sell a product that will benefit people or work for wages in some establishment whose end product is going be useful to people, just be ready to do something and set out to do just that with faith and determination

3.Next you’ll need to change your attitude about money if you truly want to get more of it. Forget about all those clich?s of money is the root of all evil and the like. Best selling author Denis Waitley opines that this is a grossly misquoted age old wisdom that rather says “the love of money is the root of all evil”. You also need to believe that you will get the money that you have targeted to acquire through legal means. The most significant fact about accumulating money though is as simple and as old as time. Spend less that you earn! No matter how rich or poor you are, if you want to acquire wealth you must budget your income in such a way that your expenditure does not outstrip your income

There you have them now. Three sure and simple steps to financial freedom. Go ahead and work these principles in your daily life and money will soon cease to be your problem.

Article source: Expert Articles

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