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** Financial Freedom by Graham White **
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Most people dream
of the time when they'll have enough money to quit their job and buy all the
things they want. They long for the day when they can travel the world
and live a life of luxury. They buy into this dream when they purchase
lottery tickets and hope for their inheritance to arrive sooner rather than
later. They believe an increase in wealth comes from a raise in salary.
What the truly
wealthy have discovered is that Financial Freedom has nothing to do with any
of these things (Millionaire
Mind by Thomas J. Stanley & Rich
Dad Poor Dad by Robert Kiyosaki).
Financial Freedom
is really about being able to do what you choose when you choose to do it and
not having to make decisions based on financial pressure.
Achieving Financial
Freedom begins by getting out of the consumer mentality. It means taking
time to have coffee at home in the morning and dinner at home at night instead
of paying 400% more to have someone else prepare it for you. It involves
educating yourself as to where you can find the best quality products at the
absolute lowest price and often shopping out of season for deep discounts (and
I don't mean buying five times as much because it's 80% off).
Financial Freedom
is aided by purchasing what you need as opposed to what you want.
Financial Freedom involves ignoring the pressure to keep up with the
Jones'. It starts by learning to enjoy what you have rather than
fantasizing about what you want to get next.
Financial Freedom
for some, involves working at a job they love. They head to work with a
whistle and bounce in their step because they are already doing what they
love. They don't have to worry about overhead, payroll, invoicing,
business taxes or any of the other things that come along with running a
business. They are happy being an employee and willing to sacrifice its
built-in limitations.
For others,
Financial Freedom involves opening the business of their dreams while others
invest in real estate, business ventures and the stock market. They have
proven that they were able to manage their money well as employees and
eventually saved up enough to begin investing. They took the time to
educate themselves, gain knowledge and expertise and developed gradually
enough that they were able to absorb their mistakes as they grew.
Financial
Freedom
-
Working at a job
you love, owning a business you love or working with investments you love.
-
Learning how to
enjoy what you have rather than dreaming of buying what you want.
-
Avoiding consumer
debt, becoming a savvy consumer and developing a lifestyle that keeps you
living below your means.
-
Building enough
of a financial cushion so that should any one of your sources of income
disappear, you could continue to enjoy the lifestyle you have become
accustomed to.
-
Having enough
flexibility that you can keep all of the things you enjoy in balance
(work, personal interests, family, and community).
Graham White www.incrediblepotential.com
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