Financial Freedom doesn’t mean being ‘rich’. It just means you’re free. It means you don’t have to work any more. Usually, it means that you don’t trade your time for dollars anymore, which is a good thing. And it starts with the mindset. It starts with getting out of the day to day mindset of getting out of the 9-5 and start having your money work for you instead of constantly grinding away at a SLAVE JOB.
How do you get into a financial freedom mindset? How do you live more frugally? Take a look at this video to get a basic understanding of what it takes:
A few tips for financial freedom:
- Make Money while you sleep. Passive income is the best way to make money, because you won’t be trading time for money.
- Get in the frugal living mindset. No matter how much money you make, you don’t have to spend it all. That’s actually the fastest way to go broke is to spend all your money and not live within a budget.
- Invest in income producing assets. Again, going back to point one, it’s important that you make money while you sleep.
Again, you always have to believe you can do it. You have to believe in yourself, because no one else is going to do it. You have to have faith that you can live frugally, and ultimately get out of debt and live a life of freedom and not slavery. It all starts in that mindset, as Tony Robbins was talking about. You have to have that shift. You have to believe that you can be great.
Then you have to take action. You have to take action in the right direction that is proven to give you results. Don’t be afraid of failure, because YOU WILL FAIL. What matters is what happens after you fail.
Will you get back up?
In the coming posts, we’ll teach you how to get back up after you failed, and how to become financially free by living frugally and investing in passive income opportunities.