5 simple steps to become financially independent

5 simple steps to become financially independent

By-Zstripes on-2017-11-27 17:05:34.596066
5 simple steps to become financially independent


We as human have one major goal in common, which is to at one point or another in life gain financial independence. That is to at a point in life be able to live a life free from the normal hustle for money for our basic needs and luxury as it may be. We all have plans to get this done by going to school, learning a skill or a trade. These are all good and have lead a few persons who understand what the true essence of what they do is, as knowing this not only gives you a means to achieve financial independence but also has a way of motivating you.

What do I mean by the "true essence"? I mean knowing the whys and hows of financial independence.

The fact is that we all know how to be rich and how to go about it, but we just haven’t brought it out from the inside. For we to do this we would need a few inward thought. Ask yourself the following questions

  • What amount of money would make me financially free?
  • Why do I need this much money?
  • What am I doing currently to get this much of money and what are the factors limiting me?
  • How long will it take me to get this much of money if I go on doing what I do.
  •  What if my current plan doesn’t work out, do I have an alternative?

If you have answered the above 5 questions sincerely you would see a new picture of yourself and would be motivated to go on doing whatever it is you might be doing to make money.

You must understand that the simple idea about becoming rich is just creating more channels to drive money your way, by having multiple streams of income, and when this money comes in, you have to try as much as you can to trap the most you can by way of secured investments and savings.

Also no job can single handedly make you financially free, you must not rely fully on your job except you own the organization, you must strive to have other means of earning especially from sources you run.

I hope this was helpful and insightful. Thanks for reading zstripes love you.


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