hOW CAN i GAIN FINANCIAL FREEDOM?

Answer 1

set up a budget and stick to it, save a certain amount of money a month and just do your best to stick to that budget and someday you will be free, winning the lottery can help too

Answer 2

You need to generate a source of renewable income. There is no easy way to do this of course, as anything that generates income on its own requires a lot of work to get started. You can play the stock market, of course. Another option would be to get involved in real estate. Invest in some properties to make them desirable, then rent them out.

Ultimately "financial freedom" is different for everyone. Some will feel free when they're out of debt--others won't feel free until they're millionaires many times over. If you don't know when enough is enough, you'll never gain the freedom you seek.

Answer 3

Follow Dave Ramsey's plan. It might be hard at first, but in the long run you will be financially free. The 7 basic steps are:

1. $1,000 to start an Emergency Fund
2. Pay off all debt using the Debt Snowball
3.Three to six months of expenses in savings
4. Invest 15 percent of household income into Roth IRAs and pre-tax retirement
5. College funding for children
6. Pay off home early
7. Build wealth and give! Invest in mutual funds and real estate

Answer 4

living with in your means. always asking yourself when you are going to purchase something. is this a need or a want. and how is it going to inhance my financial picture? I do this alot and now i see that not buying that cute dress and discovering the things I already have keeps my wallet closed. Also have a financial goal. Do you want to buy a house , go on a vacation? Gaining financial freedom means sacrificing the wants and living a basic life for the future. you become a slave to your finaces when you spend too much money!

Answer 5

you want to generate a source of renewable income. there is not any consumer-friendly thanks to attempt this for sure, as something that generates income by itself calls for distinct paintings to commence. you could play the inventory market, for sure. an option determination will be to get curious about genuine resources. make investments in some homes to cause them to perfect, then lease them out. finally "monetary freedom" is diverse for each individual. some will experience free even as they're out of debt--others gained't experience free until eventually they're millionaires many cases over. in case you do not comprehend even as sufficient is sufficient, you'll not in any respect income the freedom you seek for.

Answer 6

I'd like to know myself

Answer 7

Spend all your money on infomercials

Answer 8

win the lottery

Answer 9

stop being black