Top Tips to Find Financial Freedom

If you feel money pressure from time to time, or you have to turn down opportunities in your life because of financial constraints, it could be time to focus on financial freedom. If you think this is a pipe dream, there are many people like you who already have it, so drop the limiting beliefs. 

Set Goals 

Financial freedom means different things to different people; for some, it means having enough money to never worry about your bills and expenses while still living the life you desire; for others, it simply means having a secure and comfortable life without needing to be rich. 

Think about what financial freedom means to you and write down your ideal situation. Now compare the ideal with where you are at today and start planning your route to success. In most cases, it will require better savings and investments, but at least you know where you’re aiming.

Change Mindset 

A limiting belief is a mindset that’s developed in your psychology over the year; for most people limiting beliefs are rooted in early childhood, but not always. Over the years, there is a thought pattern that develops into a belief system, but it’s usually an illusion that can be easily changed. 

A common limiting belief is that you have to work hard for your money, and you will never be rich or achieve financial freedom, but look around you, many people have done this already, and they are not smarter than you. Find ways to break out of limiting beliefs and make new patterns.  

Passive Income 

A popular definition of financial freedom is having control over your finances; that is all! It doesn’t mean having a lot of money and being rich; it simply means living the life you want to live with comfort and security. One of the best ways to do this is with some passive income. 

In the last few years, passive income has become more of a reality for people thanks to the opportunities available; if you have a skill, you can make a digital product that brings in money regularly without needing to put in any extra work; it’s the best kind of job, so what’s your skill?

Investments 

If you’re serious about achieving financial freedom, you need to think about investments and savings. First, take a look at where you’re at and figure out how to reduce your debts and increase your income, in most cases, this can be achieved with a few manageable changes. 

Once you have your finances under control, it’s time to extend your investment opportunities and open up new income streams; a Mobile homes dealership offers low-risk, high-return investment opportunities, and if you don’t know much about investing, watch online videos. 

Win Things 

A house, a campervan, a cash prize, whatever is on offer, you probably have a better chance of winning something on an online lottery than the conventional lotteries you’re familiar with. Think of this as another potential income stream and investment, but remember to invest sensibly.  

 

FUNDRISE | Real Estate Investing

About Kamilah

My name is Kamilah and I am a native New Yorker of Caribbean descent who is passionate about helping you learn how to invest and build your net worth by sharing easy-to-follow YouTube tutorials that will help you take control of your money and set you up for financial success. But this wasn’t always my story.

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