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  #1 (permalink)  
Old 04-28-2008, 08:57 AM
lemy lemy is offline
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Default How Do I Start Financial Freedom Journey?

How do I Start Financial Freedom Journey?

I'm a simple man. I believe that the more simple a thing, the more we can get benefit from it...

More simple more money...

well, 1st of all to start Financial Freedom journey is to get your self out from choking debts...

Regards..
Lemy
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Old 05-03-2008, 07:07 AM
Personal_Financial_Adviso Personal_Financial_Adviso is offline
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Default Re: How Do I Start Financial Freedom Journey?

Please see my blog that is listed in my signature.

The goal of this blog is all about financial freedom.

I really hope it helps out some.

The first place to start is with getting out of debt and establishing a personal financial budget
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Old 05-07-2008, 03:35 AM
maat55 maat55 is offline
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Default Re: How Do I Start Financial Freedom Journey?

Quote:
Originally Posted by lemy View Post
How do I Start Financial Freedom Journey?

I'm a simple man. I believe that the more simple a thing, the more we can get benefit from it...

More simple more money...

well, 1st of all to start Financial Freedom journey is to get your self out from choking debts...

Regards..
Lemy
Basically, you want to get out of debt, build a 3 months expenses emergency fund, and invest at least 10% of your income. Remaining frugal with the other 90% would be gravy.
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Old 05-07-2008, 07:31 PM
Robert Robert is offline
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Default Re: How Do I Start Financial Freedom Journey?

[quote=lemy;7902]How do I Start Financial Freedom Journey?

Add no more credit on time to your life. Use a credit card like cash for your benefit, but pay it off completely every month. Then start cashing those reward checks.. Regards, Robert
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Old 05-16-2008, 10:39 AM
precious precious is offline
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Default Re: How Do I Start Financial Freedom Journey?

Some people spend too much simply because they’re lazy. Instead of doing the necessary research, looking for deals and spending their money wisely, they pay much too much for things — and often, it isn’t even exactly what they want. I think these one thing you should know.
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Old 05-16-2008, 10:04 PM
maat55 maat55 is offline
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Default Re: How Do I Start Financial Freedom Journey?

Quote:
Originally Posted by lemy View Post
How do I Start Financial Freedom Journey?

I'm a simple man. I believe that the more simple a thing, the more we can get benefit from it...

More simple more money...

well, 1st of all to start Financial Freedom journey is to get your self out from choking debts...

Regards..
Lemy
I learned in Rich Dad Poor Dad that financial freedom is the abillity to live off your investments and not your own labor. The advice is to use as much of your income to buy assets that will provide income. They can be Stocks, mutual funds, real estate and so on.

Too many people, buy liabilities with their income and not enough assets to provide income. Read books on personal finance and investing, they will help you understand how money works. Good luck.

P.S. Your home is a liability, not an asset. In most cases, if you use your home as your biggest so called investment, you are in trouble.
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Old 05-18-2008, 02:51 AM
financiallyenhanced financiallyenhanced is offline
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Default Re: How Do I Start Financial Freedom Journey?

If you have a large amount of debt then to start your Journey to Financial Freedom is to set a budget and stick by it.

A budget simple is all the necessities that you need and how much they cost. From the budget you can find if you spend too much on going out or as I like to call it luxuries, if you do spend too much on luxuries then you will need to cut back.

Budgets are easy to set up but hard to stick to, just take small steps and soon enough you will have Financial Freedom!

Even if you don't have a lot of debt it is good to have a budget to help grow your wealth.

-Good Luck
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