HOW TO BECOME FINANCIALLY INDEPENDENT
WHAT IS FINANCIAL INDEPENDENCE Financial independence is when you have enough income from your investments and assets to cover your living expenses and other expenses for the remainder of your life. If you want to know How To Become Financial Independent follow these step.
HOW DO I BECOME FINANCIALLY INDEPENDENT? Think | Save | Invest |Repeat Think: Do you really need to buy what you are planning to buy? Save: If you don’t need to buy the item, save the money. Invest: Invest the money saved, into income-generating assets. Repeat: Do it all over again, every day, for every potential purchase.
ROADMAP TO FINANCIAL INDEPENDENCE 1. You must create a budget, and live within your means. 2. You must learn to save part of your monthly income or allowance. 3. You must continue to save every month, for years and years. 4. Your savings habit must expand into an investing habit. 5. You must continue investing, for years and years. 6. After years and years of investing, your assets will grow by themselves.
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