Is financial freedom an elusive dream or a reality already within your grasp?

  1. Definition of financial freedom
    1. Everyone has a different definition of financial freedom
    2. Does it mean always having money to pay the bills? To do whatever you want? To never work again?
    3. If you definition is sitting on a beach in Fiji then it’s probably an elusive dream
  2. The real definition
    1. Financial freedom is as simple as Input > Output – It’s that easy
      1. If you have an income of $25 per day and only spend $20 per day you are financially free
    2. Learn to focus on growing your income and lowering your output
    3. What factors impact your income? How can you improve it? How can you grow your earnings?
    4. At the root, financial freedom is your ability to generate income
  3. Master you finances
    1. Build your belief in your ability to earn and grow your earnings
    2. Continue to expand and grow your revenue and sources of income
    3. Manage your output

Getting an understanding of true financial freedom eases the struggle that we often place on ourselves. Take a look at the ways you can earn and then start managing your output.

Key Questions:

  1. What is your definition of financial freedom

  2. What are your views towards money?

  3. How can you grow your earnings? What can you do now and for the future?

  4. What steps can you take to improve you output? Are there areas that need improvement?

Take-Action Items:

  1. Get clear on true financial freedom

  2. Review your input and output

  3. Manage and adjust while planning for the future

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