Home » Self Improvement » Goal Setting

The Only Proven Steps to Financial Freedom

Mar 14, 2008
You're there chilling-out, not worrying about a deadline or a meeting or a proposal. Basically, you're not thinking about work. You're there relaxing with the people you love.

Who wouldn't want that?

It sounds like a dream, but you know what? It doesn't have to remain that way. You can get that freedom from the corporate world or the job industry.

If you listen closely, you will not have to worry about money anymore.

Here are the steps in order to achieve the coveted financial freedom:

STEP 1: Mental Preparedness

If you want to be successful, you must first think that you are successful. You will get nothing out of yourself unless you believe in your own capabilities. You should first think it, and you should believe it.

You should also know what you want to do. Once you figure out what that is, keeping your eye on it is the key. Keep it in sight and never lose track of what is supposed to be done.

This also means that you should discard all negative thoughts. Forget what you did before or what happened, you need to focus on the "now" and the future.

STEP 2: Financial Awareness

You should understand how money works. Once you figure out what the numbers mean, you will have an easier time gaining money.

A lot of people think that given the chance, they could make better products than an already established company. For example: a friend of mine claims that she can design better clothes than Calvin Klein. But she doesn't make as much money as CK does. Why is that? The answer is obvious. CK has an established business system. The executives at CK understand money.

Study and breathe in the numbers. If you have money, but you don't know how to use it properly, then that money is useless in will probably leave your grasp soon. But with the right financial knowledge, you will be able to utilize the money you have.

STEP 3: Specific Financial Plans

Managing of money is important. You should know when to put out money and when to keep it.

You can't be all gung-ho with your money. You should be careful with it, take in consideration every financial move you make and make sure that you will gain in certain investments.

You should save, budget and save some more. It will be hard, but once you get used to it, it will be beneficial for us in the long run.

STEP 4: Lifestyle Management and Debt Eliminations

Lifestyle management is important in order for us to be efficient. This means that you should learn to make proper use of your time and energy. Basically, lifestyle management means living under your income level. This is needed because it comes hand in hand with the debt elimination.

Debt elimination means exactly that. Pay off everything: mortgage, credit cards, debts, in order to maximize your income. Obviously, without debt, the money you earn all goes to us.

STEP 5: Business Management

Obviously, business management is crucial. Your businesses will provide income. You should do what you must; attend seminars if you have to, just so you can maximize your profits.

You need more money. More money means more funds to produce assets that will give us even more money. This is a cycle and once you get the hang of it, you will be free in no time.

STEP 6: Perseverance

No, you will not get rich and you will not get to your dream quickly. You need to work hard, and be patient. Don't expect to haul in money instantly. This is a process and you should not be disheartened if you do not get results quickly.

If after years and years of doing something and you're still not yet free, then I suggest revamping your plan and try to learn from your previous mistakes. Do what you must and don't ever lose hope.

Keep on going, and eventually you'll get there.
About the Author
Daegan Smith is an Expert Internet Network Marketer. "Learn How To
Make $10,717 In Less Than a Week While Quickly And Easily EXPLODING
Your Network Marketing Organization Without EVER Buying a Single
Lead?" http://www.internetmlmsuccess.com
Please Rate:
(Average: Not rated)
Views: 199
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Accounting
    • Credit
    • Currency Trading
    • Debt Consolidation
    • Insurance
    • Investing
    • Leasing
    • Loans
    • Mortgage
    • Mutual Funds
    • Personal Finance
    • Stock Market
    • Structured Settlements
    • Taxes
    • Wealth Building
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources