Most people don’t have choices in life. Why? They don’t have the money to fund the lifestyle they want to live. How do you even define financial freedom? Some people say it’s when passive income exceeds your expenses. Others say it’s when passive income exceeds your ideal lifestyle income and you have money left over to reinvest to continue to create even more passive income. What could your life look like if money weren’t an issue?
Here are 3 Steps to Create Financial Freedom:
#1 Decide.
This seems easy to do but oftentimes the simple things are the easy things NOT to do. Decide if you want financial freedom. But there are implications for the decisions you make. When you want to get healthy, you need to make sacrifices, like going to the gym often and eating foods you may not love.
Financial freedom means sacrifices. Have a real conversation with yourself, are you really ready to go all in? Do you think you want to make money or do you actually want to do it?
#2 Create Targets.
You need a plan. Financial freedom is so far right now, it’s almost hard to imagine. Don’t worry about driving from San Diego to New York, just worry about what road to get on first. What does financially free even mean for you? You must first define it for yourself, not someone else’s definition of it. And have you done the math of what it will take to get there?
#3 Become a Pro.
Skill Up. How can you generate money? Earned income is your driver that will push into passive income investments. You need the skills that will produce money in the marketplace! Get on Cardone University and start increasing your abilities.
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3 Steps to Create Financial Freedom – Young Hustlers
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