MadAbout
Money
that said job, till you have
a reasonable amount in
your bank account to
retire comfortably. But
where is the financial
freedom in this scenario?
Why do we have to
achieve that only when
you’re eighty years old?
The words ‘financial freedom’ isn’t
something that people exactly understand
the meaning of. On the other hand,
the word ‘debt’ strikes unease and to
some extent fear in people’s minds. So
why does this happen? Making people
financially literate can solve this problem..
RELATIONSHIP
BETWEEN TIME
MANAGEMENT
AND WORK
F
or many generations, people have
encouraged children
to study hard, just so that
they can become doctors or engineers. Why is
this? Because these two
jobs provide immediate
hiring as well as security;
security in the sense, if
you’re fired, it’s not going
to be very difficult to find
another job.
PARENTS ARE
BECOMING
AWARE, BUT
THE CHANGE IS
EXTREMELY SLOW
But there has been
a divergence to this
tradition. People, though
still a very small percent
of the population, are
giving their children free
will to pursue what they
dream to do. Parents are
becoming aware, but the
change is extremely slow.
So the rule of the world
is basically to study till
you land a good, paying
job. Then you work at
In order to achieve the
said financial freedom at
a MUCH younger age,
where one can actually
enjoy the benefits, you
should actually be clever
about the relationship
between time management and work. Debt is
something everybody
tries to avoid. The most
common type is because of student loans
and honestly, people
especially students don’t
have a choice. In today’s
day and age, the cost of
good quality education
comes at a high price.
So if you are in debt, the
first thing on your agenda
should be to get rid of it.
In the fastest and earliest
way possible. If you’re
a college student and
struggling with a mountain of debt, taking up
the waitressing job at the
local coffee shop isn’t going to help you financially. On the other hand, the
timings might be flexible
enough for you to study
for your tests and exams.
Here’s where you should
be smart about it. Working at the café is going
to help you during your
semesters but during the
summer? Not so much.
So your summer should
be utilized by searching for a slightly higher
paying, better job, related
to your major. That way,
you earn as well as gain
the experience. Adding
said experience will definitely be a bonus to your
résumé. It’s a win-win
situation really.
DON’T EXCHANGE
MONEY WITH
TIME, BE SMART
ABOUT IT
So don’t exchange money with time, be smart
about it and try to come
up with ways in which
you can be benefitted at
the same time.
So thinking and planning
ahead allows you to enjoy
the luxury of financial
freedom at maybe age
thirty, instead of eighty.
Making time and money
work for you is one of
the passive sources of
income. So the bottom
line is, making time and
money work you is the
best way to go about life,
instead of it being the
other way around.
TIPS FOR
FINANCIAL
FREEDOM
Today’s Tips
Expand Your Income
Horizon
If you are too fearful
to take risks and
quit your job for a
start-up, try to utilize
the money you
have in a smarter
way. Do thoughtful
investments in
shares or properties
which can bring
you money faster
and with little effort,
besides your regular
salary at the end of
the month.
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
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