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MadAbout
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See , the basic idea is that if you are spending more money than you earn , you are losing money . If you plan to do something big with your career , or your life , you need to make decisions that can , and will curb your basic desires . What ’ s more important for you , the car you want to buy , the house you need to purchase , the investment you need to make to start your own business , or that pair of funky shoes ? Is your weekend party more important than the dream vacation you always wanted but couldn ’ t materialize because of budget restraints ? Those who keep saving money on everything
We come across many people who keep saving money on everything , but don ’ t think twice before buying a phone on credit card . Most of us have done so , but when you come to think about it , it ’ s just a phone , it can wait . Why buy it if you can ’ t afford it ? Save money for it , and may be when you actually get to buy it , the rates already drop to suit your pocket .. Consumerism has always been beneficial for companies and
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banks . You buy expensive phones with money you don ’ t have , and end up paying a good amount of money to the phone company , and even a larger amount to the bank as an interest .
End up worrying about the payments
And it ’ s not just the money that we are talking about here . No . You also end up worrying about the payments , about the last dates , about the load you ’ ve got on your head . The more such unnecessary expenditure you incur , the more worrisome it gets . It is draining , exhausting . The tension you go through every day , every moment feeds on y our energy , your life and your time . You know the most important asset we all have ? It ’ s time ! Time is an asset that once spent can never come back . Make sure you spend your time on good things , with good people . Things that matter , people that make you become a better version of you .
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Plan your life according to your aim
Sounds like a lecture , right , no , this is a life lesson . This is a lesson that many people learn the hard way . You need to plan your life according to your aim , according to your ultimate objective . Phones , expensive clothes won ’ t leave a lasting mark . Every phone becomes a thing of past , every expensive cloth gets out of fashion . Stop paying banks money that you don ’ t have to impress people that don ’ t even matter , especially at the cost of your goals . Read a quite somewhere couple of days ago : Lamborghini doesn ’ t advertise because people who can afford it don ’ t waste time watching television . Yes , that television can wait . If you can afford to buy either a Smart TV or go to a vacation with your loved ones , we don ’ t need to tell you which one you should choose . Make memories . Smart business owners know this ; it ’ s high time you should also join the league .
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TIPS FOR FINANCIAL FREEDOM
Tip 1
Team Work Matters If you are aiming for financial freedom and has a family , your spouse also needs to think likewise . As a team , you need to work out on your financial gains and expenses to reach towards financial freedom .
Tip 2
Budgeting Is Important To curtain expenses and pay off your loans , a budget is the most essential key to financial freedom . It gives you a clear picture about the money which you need to spend and the money you can actually end up saving .
Tip 3
Start Early Financial freedom should be a goal that should be cultivated early in life and hence an attitude to save money and make proper investments at an early stage and at regular intervals is crucial .
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