How to achieve financial independence
Financial independence simply means, you spend money whenever you want, and when peolpe complain no money, you won't.
The underlined tips will help to be financial independence....
* Never rely on income:-
one of the great mistakes people make is, they put all their hope on income, they think the more they earn, the more they become rich. You will never see a wealthy man that base on income but they rather invest with thier money. The truth is that you're still working very hard to make money and you're yet to invest it. Beyond your immediate salary you do not have anything, just ask yourself, if you lose the job, who will you blame, invest as you earn.
* Discover yourself:-
every humanbeing created are blessed with different great talent. It is few people discovered their talent, you have to contribute your own talent to the world but this will never happen until you discover your own special gift. Those great men in the world today, they were like you before, but they take decision before they make their dreams become realistic.
* Try to discriminate investment and trading:-
a trader is someone who want to make instant profit and that cause some people jump from one business to another. As an investor's plan is long term. They forsee a future of great profit and they are very patient as they work to position the business to attain profitability, so it is advisable to be an investor
* Diversify:
sometimes, not all businesses yield income and not all source of income will bring financial independence until you diversify. As an investors, you're not expected to invest all your capital on a single business.
The underlined tips will help to be financial independence....
* Never rely on income:-
one of the great mistakes people make is, they put all their hope on income, they think the more they earn, the more they become rich. You will never see a wealthy man that base on income but they rather invest with thier money. The truth is that you're still working very hard to make money and you're yet to invest it. Beyond your immediate salary you do not have anything, just ask yourself, if you lose the job, who will you blame, invest as you earn.
* Discover yourself:-
every humanbeing created are blessed with different great talent. It is few people discovered their talent, you have to contribute your own talent to the world but this will never happen until you discover your own special gift. Those great men in the world today, they were like you before, but they take decision before they make their dreams become realistic.
* Try to discriminate investment and trading:-
a trader is someone who want to make instant profit and that cause some people jump from one business to another. As an investor's plan is long term. They forsee a future of great profit and they are very patient as they work to position the business to attain profitability, so it is advisable to be an investor
* Diversify:
sometimes, not all businesses yield income and not all source of income will bring financial independence until you diversify. As an investors, you're not expected to invest all your capital on a single business.
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