How we all can achieve Financial Freedom?
Can you take any life decision without stressing much about your financial condition? Do finance control you or are you a controller of your financial life?
If the answers are YES then congratulations! You are financially freedom. That means, you have full control over how you can spend your money and also lead your life.
Financial freedom doesn't require to be a millionaire. You can make a little but have to have full control over you expense. Also, it's very necessary to have the space to choose whatever you want to do with your money, shift your career or your house.
There's no need to explain how necessary it is to have financial freedom. But most of us are too ignorant about this. Or I would say we are so very occupied on expense and other things in life that we choose to give less attention to financial freedom. I wouldn't claim I have full control over my finance but I sure try to do my best to have some freedom.
Let's talk about how we can achieve that?
The ground rule is, expense less than you earn and save some. And the second important rule is automating your financial expense so that you don't have to budget for everything. Everything must fit automatically in your lifestyle. Invest your money, no matter how little the amount is. But never think of lending money, it will be counterproductive. Also, invest in the things you know and understand, don't fall for other's words. Always try to cut off your demands rather than thinking to borrow some.
It's hard to have a good hand on financial management. Especially when we have too many lucrative advertisements and products around. But it's necessary to lead your life and not letting life lead you.
I hope this gonna give you a little hint on how we can start doing this!