Finding financial freedom should not be so hard. Living in bondage to debts is definitely not what people want. Stressing over bills and pressure to provide for the family should not be common place.
The reason that these are so rampant lies within us. It is not the lack of money that is the problem; it is more of a mismanagement of what you have.
Learn how to find financial freedom by following these steps.
Step 1. Gain Financial Literacy
Before getting your hands dirty with all that muck from your financial life, be prepared. Grab some books about financial freedom. Get in touch with mentors such as Bob Proctor.
Invest in feeding your mind. The more you know, the easier it is to understand what you need to do. There are a number of books, videos, and blogs about this topic.
Read and understand what the teachings are about getting a hold of your money. Associate with like-minded people. Learn from their successes as well as their mistakes.
You can get a lot of insight on what works and what doesn’t by asking and observing the habits of the rich. All of these can be learned without experiencing the major low points first hand.
Step 2. Obtain the Proper Mindset
Have you heard of “The Secret?” It is a book and a movie released that presents us with the concept of the power of the mind. It promotes the Law of Attraction.
It says that whatever we think of will eventually manifest itself, both good and bad. In short it says that when we think positive, we instantly become a magnet for good fortune.
Earl Nightingale is a well known author of “Think and Grow Rich.” He is a major believer of the power of your thoughts.
He believes that by changing the way we think, by altering our attitude, we can attract and gain wealth.
“A great attitude does much more than turn on the lights in our worlds; it seems to magically connect us to all sorts of serendipitous opportunities that were somehow absent before the change,” so says Earl Nightingale.
Recondition your mind. Envision your goals and dream big. The sky is the limit. Eliminate thinking about what you cannot do. Instead, focus on what you can do.
Step 3. Act
All the knowledge, all the positive thinking, will not get you anywhere if you do not do a thing. The most important element to finding financial freedom is simply to act.
Start small and be consistent. If you need to pay off your debts, try the snowball method. Start off by paying a bigger amount on loans or debts with a high interest rate.
If possible, talk to the people you owe. Explain your situation and promise to pay in installment. They might pity you and forgive some of what you owe.
Whatever you do be sincere. Once you have made a promise to pay a specific amount, commit to it. If you plan to save, start doing it now.
If not, you may procrastinate and put it off until the next payday. If another thing comes up, you may never get to save unless you make it a habit.
Employ all that you have learned. Act on all the teachings that have been shared with you. If you fail in an endeavor, try again.
If you still fall down, brush yourself up, and repeat the process. Try and try until you succeed.
Most people know what they need to do. If you are reading this article, then the desire for freedom is within you.
Break away from the shackles of poverty and soar high. Learn, dream, and act upon your dreams. Remember, the power in finding financial freedom is within your grasp.