2007-10-26 04:05:38 · 5 answers · asked by Eric Chua Yanshan Maynas 3 in Business & Finance ➔ Other - Business & Finance
I don't have what I call freedom yet, but I'm comfortable. I still work the 9 to 5 job (which I love and would never give up). The whole major secret is to not buy anything until you have the money for it. Now, I might make an exception or two here--a house or auto. And if that's going to happen, then I don't want "standard" terms. Pay WAY more on either than the monthly payment, and pay them off early; if you can't do that, then you shouldn't be buying it. By buying only what you have money for at the time it makes it a bigger reward, and makes you care about it more. You'll live a very spartan life for a while, but the rewards are great down the road.
2007-10-26 06:15:09 · answer #1 · answered by John N 7 · 2⤊ 0⤋
Worked for 40 years, but you never ever achieve "financial
freedom". There's always going to be some kind of a catch.
I recommend giving 10% of your income to God(tithing) and investing 10% of your income in some form of conservative financial vehicle. No matter how little or much you have left over.
By doing this over a long period of time you will be better off than 90% of the population of any country. BELIEVE IT!!!
I Cr 13;8a
2007-10-26 20:56:02 · answer #2 · answered by ? 7 · 2⤊ 0⤋
I was able to pay my mortgage off early after years of hard work and long hours. It was around the time of the stock market crash when I thought it was best to sell investments and pay off my debts.
2007-10-26 11:35:04 · answer #3 · answered by Jim 7 · 1⤊ 0⤋
Male does take the freedom without delay and woman never gets it!!!It is true.
2007-10-27 00:26:49 · answer #4 · answered by baba 5 · 1⤊ 1⤋
in the blink of an eye. Inheritance.
2007-10-26 11:15:58 · answer #5 · answered by duck 1 · 2⤊ 0⤋