Financial Freedom, Is It Only A Dream or Just Steps Away?

Almost all of us go to work everyday and do the same routine over and over again. We work so hard until we caught up in the routines for years. With the salary that we earn every day, we try to pay all of our bills. We always expect to get a higher salary, getting promotion or our business running better so we can earn more money. But we do not realize that when we get more income, we also have spent more money on our needs. After we work for two, five, or even ten years we just realize that we have been in the rat race of our financial troubles.

So, to be financially free is only a dream for us, we don't think that is possible. We already set our mind set that we will retire after 40 years of working and then we start to enjoy our life after that. I don't want to do that.

What if you can get the financial freedom faster than 40 years? What if I can show you how to get to financial freedom in 5 years? Wouldn't it be interesting for you?

There are couples steps to achieve financial freedom.

First, you have to get the right mind set. Your mind set is what you are. You have heard old saying "You Are What You Think You Are". This is true, when you think that you will always be poor then you will always be poor. When you think that you are a loser then you always will be a loser. When you think that you are short, then you always will be short. You see what I mean? Unless you want to change your mind set to the positive way, there is no way that you can get your dream, which is Financially Free. You have to believe in yourself and think that is possible for you to achieve financial freedom. From that kind of mindset, you will get different power in yourself and attitudes that will guide you until you achieve your goal.

Second, if you do have the right mind set, you have to change the bad habit that you have. If you don't have the money, don't spend it! Our society nowadays, has a brand new habit that does not exist centuries ago. We can spend our money before we earn it! That's right; I am talking about credit card. If possible, cut all the credit cards that are not in used. We will be trap in this financial mouse trap easily with all the credit cards lying around on our tables. We have to be discipline by only keep one or two credit card that we use often only for emergency.

If you use your credit card, please do it in your current budget, not your future budget. A lot of people are trapped because they use their credit card based on their 'future' budget. For example, Bob just got promoted this week, and his salary will be raised next month. He was so happy about it, and then he spends his future salary with his credit card. This is the mistake that we often do. In short, don't spend it until you have it in your 'pocket'.

Third, don't put your money in the bank for too long. We often forget that if we put our money in the bank, the value of the money will be decrease so fast. The interest rate that the bank gives is far less than the inflations rate each year. We always have to be smart about our money. The bank doesn't care about our money; in fact, they made the most profit from our money.

We have to find the perfect investment. I suggest you to go to your financial advisor ask for their best opinions. They will seek your needs, and they can give you the investments that are suitable to your needs.

Fourth, if we really want to be financially free, we have to earn a passive income. There are several ways to earn passive income. First we can create our own company that can runs without us. So, in short you can create a system that can works for you. It doesn't have to be big; you can start it with a small size company, for example a groceries store. The most important from this is that you have to set up a system that works without you.

Another way to get a passive income is that you can franchise. Franchising nowadays has increasing tremendously in the past few years. This industry gives the owner to adapt a system that are already being established and proven. If you don't want to build your own system, you can buy a franchise and run it.

Last but not least, you can always join network marketing. Network marketing is very reasonable for people that don't have big capital. Opening your own business or franchising a business could cost you a fortune, but network marketing usually cost very little to start. You can always find a good network marketing company and stick with the company for 5 years. There you can learn how to built your network and achieve Financial Freedom.

Those are couples steps that you can follow to achieve financial freedom. Every journey is start with a small step. So, you can start your own journey to your financial freedom by start it with a small step. Don't you waste your time, because the time is so precious that we can't turn back the time. Hopefully this entire article help you realize that everyone need financial freedom, before you caught up into the routines for years.

Yochention Saritoh is an internet marketer and a member of Elite Team International and Financial Freedom Society Incorporation. He holds a degree in Master of Science from California State University at Fullerton, USA. If you want to know more how to achieve financial freedom, you can go to http://www.EzInternetIncome.com or e-mail him at Yochention@yahoo.com

---

Residual Income - Part Three Finding Leaders

In my last article on Creating Residual Income I mentioned... Read More

Building Wealth by Paying Yourself First

When I look around at all of my friends, and... Read More

Could a Roth IRA be Better Than a 401(k)?

Very few people whom I know are familiar with the... Read More

Cutting Costs Can Significantly Increase Your Income

As a work at home Mother, I know the value... Read More

Money Myths Of The Poor

From tender age, we were exposed to myths about money... Read More

Pay Yourself First - If the Only Thing You Did Was This, Youd be Rich

Bottom line. No exaggeration. No hype. If you want to... Read More

Prosperity

An ellipsis to your success is hidden in the word... Read More

What Do You Mean By Diversity?

The word 'diversity' is a unique one. It can represent... Read More

Why Get Rich When You Can Be Wealthy?

"Any fool can rich, the wise get wealthy." Chris WidenerGetting... Read More

Anthony Robbins 12 Reasons Why People Dont Get Wealthy

According to Wallace Wattles, in his popular wealth treatise called... Read More

Have You Ever Had That Feeling?

Have you ever had that feeling where you could not... Read More

Does Money Grow On Trees?

"Money Doesn't Grow On Trees."Some of us even believe it.... Read More

Re-discovering the Fundamentals of Financial Planning

To lose weight in the 80's, we went on low-calorie... Read More

Dont Leave Your Financial Success To Chance

Recently I was reading a book called The Millionaire Mind.... Read More

Lesson 1 - Why Arent You Wealthy?

We will start the Financial Fitness System with the assumption... Read More

New Year Resolutions to a Better Financial Future

There could not be a better time to mull over... Read More

Turbocharged Financial Planning

Financial planning is an ongoing process individuals and businesses should... Read More

The 9 Critical Steps To Success In Demolishing Your Money Worries For Good!

Articles on 'How to make money' come a dime-a-dozen. How... Read More

You Can`t Cheat An Honest Man

Author: James Walsh ISBN: 1563431696: Publisher: Silver Lake PublishingIn... Read More

Russ Whitney - Building Wealth Through Real Estate

When Building Wealth by Russ Whitney was released a few... Read More

6 Proven Wealth Building Strategies

Building wealth is as simple as saving a little bit... Read More

Offshore Strategies & Services

Offshore strategies may or may not be right for you.... Read More

The Secrets of World Money Flows and A Simple Way to Understand Them

You can learn the secrets of world monetary flow if... Read More

Residual Income - 3 Ideas for Long Term Profits

A residual income is one that comes in no matter... Read More

Trustee Fees: How Much is Enough and How Much is Too Much?

I am often amused by the ads and offers I... Read More

Endowments and Endowment Shortfalls - What You Need To Know

Endowments and endowment mortgages have received a lot of bad... Read More

Retirement Planning the Offshore Way

Retirement Planning the Offshore Way Why do so many of... Read More

Investing is About Discipline

If you don't have discipline then walk away from the... Read More

One Pipeline Is Worth A Thousand Paychecks

It is with great pleasure of having you here at... Read More

3 Steps To Increasing Your Income

Most accountants, financial planners and wealth-building experts agree that there... Read More

Net Worth Nympho

There are plenty of people who are in love with... Read More

The TRAP Behind Websites With INSTANT Searches for Unclaimed Money

There is no questioning that the amount of unclaimed money... Read More

Who Wants To be A Millionaire?

How many people search Google, Yahoo and MSN each day... Read More