Is financial freedom an elusive dream or a reality already within your grasp?
- Definition of financial freedom
- Everyone has a different definition of financial freedom
- Does it mean always having money to pay the bills? To do whatever you want? To never work again?
- If you definition is sitting on a beach in Fiji then it’s probably an elusive dream
- The real definition
- Financial freedom is as simple as Input > Output – It’s that easy
- If you have an income of $25 per day and only spend $20 per day you are financially free
- Learn to focus on growing your income and lowering your output
- What factors impact your income? How can you improve it? How can you grow your earnings?
- At the root, financial freedom is your ability to generate income
- Financial freedom is as simple as Input > Output – It’s that easy
- Master you finances
- Build your belief in your ability to earn and grow your earnings
- Continue to expand and grow your revenue and sources of income
- 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:
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What is your definition of financial freedom
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What are your views towards money?
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How can you grow your earnings? What can you do now and for the future?
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What steps can you take to improve you output? Are there areas that need improvement?
Take-Action Items:
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Get clear on true financial freedom
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Review your input and output
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Manage and adjust while planning for the future