We all want to achieve Financial Freedom, because we all believe that this will save us from daily office rants, dealing with the daily morning traffic coming to the office, office politics ….. the rat race, or simply because we want to take control of our time and live a peaceful and quiet life with our loved ones

But financial freedom doesn’t mean that you’re “free” of the responsibility of handling your money . Its actually quite the opposite. Financial freedom generally means having enough savings, investments and cash on hand to afford the lifestyle we want for ourselves and our families, Its not about how you choose to spend your time, it’s about having the freedom to choose.

Having complete control over your finances is not easy, preparing for it is not easy, its the fruit of hard work, sacrifice and time. But its going to be all worth it

Here are the 6 Steps that might help on achieving your Financial Independence

SET LIFE GOALS

Write down your life goals, that’s the first step. What do you want to achieve and where you want to be next year, in 5 years and in 10 years and how much should you have in your bank account

SURROUND YOURSELF WITH LIKE – MINDED PEOPLE

You become like those you spend most of your time with.

If your set of friends likes to go out, spend money, and buy things they can’t afford, it’s likely that you will get swallowed into that lifestyle as well, you don’t want to be left out, right?

Theres a saying that “If you’re the smartest person in the room, you’re in the wrong room.”

Choose wisely, Spending time with people who share similar ideas, life goals and values will help you on your path to financial independence.

  MAKE A BUDGET AND SAVE SMART

Create a  monthly budget and stick to it, avoid impulse buying habit and online sale, re install shopping apps on your phone, if necessary – this will help you avoid shopping temptation. Spend on whats important and what is needed.

  PAY OFF CREDIT CARDS IN FULL

You don’t want to be stucked on paying credit card debts and interest, Imagine how much money you are giving away with the 3% monthly interest that you are giving away.

HAVE A RAKET OR A SIDELINE

Make more money, maximize and look at your strength, talents and interest, if you have a passion on writing, you can look for weekend or per project raket online, check out onlinejobs.ph, linkedin. If you are keen on Photography, you might also want to consider accepting weekend projects, it would be fun and perfect stress reliever from Monday to Friday job, believe me

The sooner you get started, the further ahead you will be five years from now. You’ll be that much closer to your goal of financial independence and you’ll be that much closer to the life of your dreams.

LIVE BELOW YOUR MEANS

You don’t need to show everyone that you have this and that, many wealthy individuals developed a habit of living below their means before rising to affluence. Make adjustments and live a simple life

Use it as motivation to keep moving towards your most important financial goals, Give it a try, and lets see what happens in the next 5 years, GOODLUCK!