7 POWER HABITS TO GUARANTEE FINANCIAL
INDEPENDENCE
by: daegan smith
are you always running short of your funds? do
YOU STILL HAVE TO BORROW MONEY SOMETIMES TO AT
least live comfortably? do you get to pay your
bills on time?
if you answered mostly yes, then you are in
danger of being financially unstable. you cannot
AFFORD THE THINGS YOU WANT AND SOMETIMES, EVEN
the things you need. don't go sulking out there!
you better move your body. if such is the case,
BETTER TELL YOURSELF THAT YOU CANNOT AFFORD TO
be that way always. you have to be financially
independent.
what is financial independence? financial
independence is the capability to determine and
SUPPORT YOURSELF THROUGH YOUR OWN ENDEAVORS.
there are 7 ways or habits for you to follow to
gain financial independence. with the right
ATTITUDE AND THE PROPER GOAL IN MIND, YOU MIGHT
just find yourself beaming with pride because of
your achievement.
1. keep a focused vision
start with a vision. what is your vision for
your life? where are you definitely heading? you
WANT FINANCIAL INDEPENDENCE. YOU WANT TO BE ABLE
to stand on your own and have a more stable and
secured life, for yourself and for your family.
keep that vision in mind. hold on to it as you
start to realize that vision. the choices and
DECISIONS YOU WILL MAKE IN THE FUTURE WILL HAVE
to head to the direction of your goal. return to
that vision when things get doubtful or tough.
2. invest your money wisely
GENERATE INCOME. YOUR INCOME WILL BE THE
financial foundation of your vision. this will
basically come from your job's income, but don't
SETTLE WITH THAT.
aim to increase your income. invest your time,
MONEY AND EFFORT INTO A BENEFICIAL ENTERPRISE.
start a business that you feel passionately
about and make sure it will work. think
CAREFULLY OF EVERY DETAIL IN YOUR ENTERPRISE AND
work on it. do not settle with good enough
results. aim for excellence, quality and
INTEGRITY TO SUCCEED.
3. save up
start a fund for your future. allot a percentage
of your present income to savings. do this at
THE START OF EACH MONTH, BEFORE YOU GO AHEAD.
this will avoid the enticement to buy, buy, buy.
it will also teach you how to properly budget
YOUR MONEY FOR NECESSARY EXPENSES.
money in the bank could also earn interest.
ALTHOUGH IT IS NOT CONSIDERABLE COMPARED TO A
good investment, it is still a good way to keep
money for your future. just make sure you
MAINTAIN THE MONEY IN YOUR SAVINGS ACCOUNT.
avoid touching it unless it is really necessary.
GIVE VALUE ALSO TO YOUR COINS. EVERY SINGLE CENT
matters. all of those scattered coins you have
there could comprise a few dollars. even if it
IS CONSIDERABLY SMALL AMOUNT, IT WILL STILL FIND
some use for that.
4. SPEND WISELY
don't spend all your earnings. as they say,
DON'T EARN TO SPEND. BUY ONLY THINGS THAT YOU
really need. tighten those belts for now as you
bank for a more secured future. choose to live
SIMPLY. FORGET THE NEED TO SHOW OFF ON OTHER
people that you can afford. if you want achieve
financial independence, you must hold on to your
MONEY AS MUCH AS POSSIBLE.
avoid incurring debts as much as possible. take
CONTROL OF YOUR FINANCES AS MUCH AS POSSIBLE.
credit cards for example could hold you locked
in a desperate state. you could be getting what
YOU WANT NOW THROUGH THAT CREDIT CARD, BUT
imagine yourself giving the bulk of your income
for interest payments! make ends meet in the
MEANTIME FOR LATER ON IN LIFE, YOU WILL SURELY
afford to be leisurely.
5. KEEP CONTINGENCY PLANS
you must plan ahead for events in the future.
HAVE CONTINGENCIES. MAKE CERTAIN THAT YOUR
financial assets are secured. at this phase, it
is a good option to get an insurance policy.
INSURE YOUR LIFE, HEALTH AND PROPERTY, EVEN YOUR
loved ones.
PROTECT YOUR INTERESTS WHENEVER YOU ENTER INTO
any engagement. make sure that your endeavor is
legal, that you are financially capable, and
THAT IT IS FEASIBLE WITHIN YOUR MEANS. THIS WAY,
you will have optimal performance and desirable
results. you could prevent harmful losses in the
LONG RUN.
6. take care of yourself
health is wealth. the only way for you to
achieve your dreams and be able to stand on your
OWN IS WHEN YOU ARE PHYSICALLY AND
psychologically able to do so. have regular
check ups with your physician. have a healthy
DIET. EXERCISE REGULARLY. HEALTH WILL BE YOUR
asset to achieve financial independence. only a
good physical standing would allow you to enjoy
THE FRUITS OF YOUR TOILS TODAY.
7. be unstoppable
you must keep yourself focused to achieve the
goal of being financially independent. do not
LET YOURSELF BE DISTRACTED BY WHIMSICAL DESIRES.
do not spray. do not procrastinate. every cent
and every minute counts as what you do today
WILL HAVE A LOT TO SAY ON WHAT YOU WILL HAVE IN
the future. take advantage of every opportunity
that will come your way. keep yourself
CONFIDENT.
tell yourself, you will not be a loser in this
GAME. YOU HAVE TO MAKE IT!
about the author:
DAEGAN SMITH IS THE LEADER OF THE FASTEST
growing team of successful home business
enterpernuers on the net. find out how we're
CREATING FINANCIAL FREEDOM ALL ACROSS THE GLOBE
and how to get in on the action free
=>
http://www.comlev.com team blog:
HTTP://WWW.TURNKEYINTERNETBUSINESS.BLOGSPOT.COM [2]
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