Finding Financial Freedom in Three Easy Steps

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.

Cost of Finding Financial Freedom

How is your quest for finding financial freedom going. Do you have a vision for your future that takes away the pressures of having money that is put on our society? Do you envision yourself not going to work everyday at some dead end job? Do you see yourself among wealthy individuals and having the time freedom to do what you want when you want to do it?

If your answer is yes to the above questions then it’s time to take action. Put yourself in the drivers seat of your life, and quit conforming to the rules of society. It is time to start a small home based business and take over the reins of your life.

It’s time to put your spare time to good use, and the television is not going to aid your life in anyway. You need to quit whining about what a raw deal you have been dealt in life and move forward towards your future by finding financial freedom.

So now you want to know about the cost of starting a home based business. Well there is a cost to start a business. What do you know that is free in life. Not much worth having is free.

So lets look at what is involved in the cost of starting a home based business. Well there is setting up of your home office and getting anything you may need. Then there is the price to join a business, and the price of buying the product or service that is involved. You also need some money to advertise your business, because without advertising your business will not be successful.

Realistically to start a small home based business and set yourself up to be successful you will need between one thousand and two thousand dollars. This is only a drop in the bucket compared to what starting a conventional store front business would cost. You still get all the perks of being a business owner but at a fraction of the cost.

You may even have to make a point of saving your money until you have enough of a nest egg to afford to start a small home based business. But this is not a stupid goal. If you start brown bagging lunch and giving up that Starbucks coffee, you will have enough money saved in no time to start a small home based business and be on your way to your vision of finding financial freedom.

Faye Brown is an home based business entrepreneur who helps people reach their goals in their quest for financial and time freedom. Her goal is to coach people into full time home business entrepreneurs.

Finding Financial Freedom

Do you ever get this in your email box: Find Financial Freedom! Make $150,000 from home in the next 90 days! How about 10 times a day?

Every time I get one of these, I think to myself, “Hmmm, Financial Freedom. I already have financial freedom, even though it doesn’t look like what these emails promise me.”

Financial freedom is a buzzword for our generation. It is the pursuit of literally millions of people. So what is it? Is it that elusive? Can anyone get it?

Let me start by saying that this article will not be about how to earn money, or even more money. Rather, it will be about how to find financial freedom, which may or may not involve making more money.

Financial freedom – here we go!

The first step in finding financial freedom is to realize that financial freedom has absolutely nothing to do with how much money you have or make. What? Exactly. Financial freedom is something that goes on inside of you. This is why someone who makes very little can be happy and someone who makes a ton can be extremely stressed out over his or her financial situation. So the first step is to realize that financial freedom is more about our attitudes toward money than about the amount of money.

“Okay Chris, I’m with you. So what are the attitudes that provide financial freedom?” Here are a few that keep me in financial freedom.

I do not have to worry about money. I used to catch myself saying, “If I had more money, then I wouldn’t have to worry about …” But do you know what? I don’t have to worry anyway. I can control my income. I can control my outgo. I can make choices that can alleviate any of my worries. I also realized that things always work out. So why worry? I choose not to worry.

I can be happy regardless of my financial state. I know people who are worth hundreds of millions of dollars and I know people who don’t have two nickels to rub together. Some are happy and some aren’t. And none of the people who have a lot of money say to me, “Chris, I’ve become so happy since I got money.” They were happy before they had money and they are happy now that they have money. Their happiness has nothing to do with the money. I think it was the Billionaire David Geffen who said, “Anyone who says that money will buy them happiness has never had any money.”

Money will be a means to an end, not the end itself. Another way to look at it is that money will be a tool to build the house, not the house itself. I would set some financial goals if I were you, but go beyond that to know what greater purpose there will be when you reach them. What will the house be that you will build with that tool?

I am free. I am free to earn – some people think it is bad to earn more money. It isn’t. I am free to save – some people believe it is bad to save. It isn’t. I am free to give money away – some people feel they will be better off hoarding it. They won’t. I am free to spend – some people believe that they can’t spend anything on themselves. They can. We are free to make choices. That is financial freedom. One of my favorite quotes is from Charles Wesley, “Earn all you can, save all you can, give all you can.” That will keep you in financial freedom.

Some other principles for financial freedom…

Debt is the primary freedom killer. Want financial freedom? The first thing you should do is to get out of debt. That is priority number one. One of the reasons I have financial freedom is that I have no debt other than my house payment. And I work hard to manage myself and our home to keep us that way. For years I drove an old junker car, and while I looked bad, I had financial freedom that others who were in debt didn’t have!
There is an old proverb – The borrower is the servant of the lender. Who has freedom? The lender. Who doesn’t? The borrower. Develop a plan to get out of debt!

Embrace delayed gratification. Here is the principle: Buy it now and struggle later. Another principle: Delay it now, invest the money, and have all you want later on! And you won’t even have to touch the principal! We tend to think that having it now will bring enjoyment, but unless you can do it and not cause yourself financial stress, you will actually get more from waiting to buy it later!

Have more by managing better. The fact is that most of us earn enough. What would be beneficial would be to set our priorities and live by a budget. As we get control, our budget will loosen up a bit and we will find ourselves enjoying it more. Money that is already there can be your answer if you put it to work for you.

Spend some time thinking through your attitudes about money. You may be surprised at how you can change a few, look at things a little bit differently and begin to enjoy true financial freedom!