We’ve been told our main goal in life is to study hard, get a good job and hope to retire someday. Car payments, mortgages and credit card bills are just a way of life. We should never expect to be free of them.
But that’s not true at all. Financial Freedom isn’t just for a chosen few.
Given the right plan, anyone reach Financial Freedom. The path is actually quite simple.
So, how can you achieve Financial Freedom and live the life you desire? Freedom is achievable by following the Four Money Principles to get control of your life, plan for the future and eliminate money stress.
Principle One: Pay Yourself First
If you’re like 96% of the population, your paycheck disappears the moment it arrives. The money is spent as soon as it hits your bank account while you’re left wondering what happened. No matter what your income level is, you spend exactly, or often more than, what you make.
This leads to a very important point: It’s not what you earn, but what you get to keep that matters. No matter what salary the 96% earns, they rarely keep any of it. And that’s a shame.
How can you ensure you’re putting away money for your future? How can you ensure financial security in the years to come?
You need to Pay Yourself First.
The wealthiest 4% already do this. They pay their future selves before any other bills, every single paycheck. You’ve worked hard to earn your money. You deserve to have something to show for it. Right now, you might be thinking you don’t even have enough income to save for your future.
You need to take a hard look at where your money is being spent, and start Living Within Your Means.
Principle Two: Live On What Remains