Everyone is in search of financial freedom and what steps they need to take to be set for life. As a Credit Repair company we put realistic plans in place for clients that are trying to get back on the right track. The number one question our credit advisors are asked is:
You want financial freedom yesterday, and we want that for you, too! The hardest part is when life happens and there is no “secret step” we have hidden in our line of work that will make you rich.
So how do you become financially sound while living a life that you can enjoy?
At a seminar once, the speaker discussed the four step process she found that increased her revenue and sales for herself and her company. She reached a million dollars in sales in just one year so one would think she found what works, right? The take away from her entire spiel was her discipline and the sacrifices she made for her success. She didn’t have a secret sauce at all, just the drive and the determination. If that isn’t you, this article may still be the kick in the pants you need!
Ask yourself, “What am I willing to sacrifice now, for financial freedom later?”
There’s not one trick or answer that will blow your mind that you’ll find online or at a seminar that will make you a master money manager other than the will power.
Here’s a good starting point though:
1. Write your goals for financial freedom-put those on a vision board and hang it in your office, your home, wherever you spend a significant amount of time.
2. Slow and steady wins the race. Working over time? Put those funds straight to savings.
3. Save immediately from your paycheck. Increase the rate by 1% every six months.
4. Outstanding debts-pay the one with the lowest balance off first!
5. Rewire your thinking about saving money- think pleasure in saving not pain.
6. Plan for each day in advance-this allows for tracking and limiting unnecessary spending.
A note From The Author:The opinions you read here come from our editorial team. Our content is accurate to the best of our knowledge when we initially post it.
Article by Breana Washington