Financial Independence?

Question

Is it possible? Of course it is. But how do you get there if you did not hit a jackpot or received an inheritance:
http://www.letsgobble.com/

Answer 1

Financial independence is definately possible. I am almost 30 and well on my way to financial independence. I find that you need to surround yourself with people who are where you want to go. I do not take advice from anybody who hasn't achieved where I am going. There are a lot of arm chair critics. You have to change your mindset about money. It is a state of mind. Instead of thinking 'I can't afford to do that' you replace that thinking with ;how can I afford this' Property is our key as well as business. You need to educate yourself. I recommend the book Rich dad poor dad. Also view the movie the secret. And remember the only thing that holds you back is yourself. Good luck with your journey. IT ROCKS!!!!

Answer 2

Step #1 - Get financially educated:

Great Books to Read (basic & simple easy reads):
1, Rich Dad Poor Dad
2. Riches Man in Babylon

Step#2 - Learn how to set goals
Zig Ziglar has many books & CDs on this topic

Step #3 - set some goals and focus your time and $$

There are many ways to achieve financial success. Your objective should be to get educated and decide what path works best for you. Real Estate, stock market investing (best if you start early and let time work for you), & owning your own business are the three main paths... but there are others.

Good Luck!

Answer 3

1. Live below your means.

2. Don't spend every dime that comes in. Put some in savings.

3. If you don't need a 2,200 sq foot house, then don't buy one! Buy only the amount of house you need.

4. Rent never ends. And, you're helping someone else become financially independent.

5. Only have as many kids as you can afford.

6. Never loan money to friends or family.

7. Never go into business with friends or family.

Answer 4

Spend less than you make and then with the left over $$ buy things that make you money rather than cost you money. This means buy stocks, real estate, and other investments.

Do not go into debt unless other people are paying for it such as rental property. I have rental property but am paying nothing for it because my renters ARE !!

Read read and then read some more... already mentioned here was "rich dad poor dad" by Robert Kiyosaki... read ALL of his books and learn from them. You will soon be on your way !!

: ) GOOD LUCK !

Answer 5

well..it is definitely possible...

you will have to meet somebody who's made it big...and take his little help or follow in his footsteps....

otherwise, you got to be damn brilliant to come up with an idea that rocks the world...or,

if you have some spare money, get a forex trader like me ot trade for you..that would fetch you handsome returns..

Chris
www.forexaim.com