Success Blog | Success University | Success Articles | Success Links | Success Partners | Success Sitemap

Get Seven Steps Closer to Finding Financial Freedom
Kent Jacobson, a.k.a. "Mr. Success"

Many people make reaching a level of financial freedom harder than it actually should be. In order to find financial freedom all you have to do is follow a few simple steps and be committed to the cause.  Financial freedom can be achieved by people who are not millionaires. It can be had by everyday common people who know how to work within a system and get what they want.  By initiating these four simple steps, you to will be on a path to financial freedom.

 

1. First and foremost, you need to find out where all of your money is going every month.  You need to remember to pay yourself first, and take care of everything else next.  In other words, make sure that you are not taking every paycheck you get and paying off debt.  You do not have to pay everything off at once.  By keeping some money for yourself you will be able to live a nice life.

 

2. Stop creating debt. This is painful but a must in you gaining the upper hand in managing your money. If you have a spouse that spends, spends & spends … you must have a heart to heart discussion about living within your means.  Wrong, just because you qualify for another *Free Interest* credit card does not is not giving you anything but … DEBT! All you need is ONE credit card to manage your expenses.  

 

3. Use your ONE credit card for everything, but do not spend beyond your budget, why because you see exactly what you spend your money on and how often. If you are like I was, cash for this, credit for that, check for groceries … No way I could keep up with these expense sheets.

 

4. Invest automatically.  This is one of the most time-tested to be true but often overlooked steps people ignore.  People don’t like to not see their money for some reason, they feel like cheated by not getting to see any of their money; but this is the exact point.  If you don’t see the money you will not be as likely to spend the money. Make it a point to invest directly from your paycheck and you will ensure that your money is getting to the proper investment without any being taken up front.

 

5. If you have a personal portfolio, make sure you diversify your portfolio.  In other words do not put all of your money in the same type of investment basket.  You will want to make sure you have money going to a lot of different places.  The real estate, savings accounts, stock market (small amount) or start an internet business is all realistic options.

 

6. Quit procrastinating and get started today.  This is the number two problem that plagues a large percentage of the population.  Remember number one? See Number 1.  They always say that they are going to get started, but never seem to have the time to get around to it.  Remember, as time goes by so does your opportunity to save money.  Each paycheck that you spend without investing is one that could have gone towards one of your investment option choices. 

 

7. Develop multiple steams of income.  What is this?  Quite simply instead of getting one paycheck, figure out ways to get 2, 3 or 4 paychecks. How & where you get into multiple streams of income is endless … I’ll simply say, write down what your favorite activity is, or subject, maybe a hobby. Do a little research on the internet by seeking out forums, chat rooms or similar products that cover your subject and let the ideas will flow. One other method is to get into marketing on the internet, affiliate businesses can yield great rewards if that is something your interested in.

 Example - Click Here

 

These are simple steps, I am not a financial expert but I think hearing the basics again are valuable insights to get started. Build a solid foundation, get started right away and do not be afraid to make mistakes, they happen to everybody including the professionals. The future is yours to grasp so take it!




Achievement

Attitude

Awareness

Baby Steps

Brain Wave Tapes

Building Confidence

Career Coaches

Communication Skills

Complainer

Confidence

Decision Making

Dreams

Dress For Success

Effectiveness

Empowerment

Fatigue

Fear Of Failure

Financial Freedom

Friends And Friendships

Fulfillment

Generosity

Goal Setting

Goals

Healthy Fear

Hypnosis

Journaling

Keys To Success

Leadership

Life Coaches

Managing Stress

Manifest Desires

Mind Power

Mind Programming

Mind Tools

Motivation - Success

Overworked

Path To Success

Performance Vs Outcome

Positive Affirmations

Positive Energy

Positive Thinking

Prioritizing

Problem Solving

Procrastination

Prosperity

Purpose

Reaching Goals

Self Development

Success Strategy

Time Management








Success News and Events
Google


 Publicis JimenezBasic tops Tambuli Awards, bags Effectiveness Agency of the Year

Wed, 28 Jul 2010 23:51:46 -0700

Publicis JimenezBasic topped the Tambuli Integrated Marketing Communications Effectiveness Awards 2010 by winning the Effectiveness Agency of the Year. The agency also romped off with the Carmencita Esteban Platinum Award for Monde Nissins Kainang Pamilya Mahalaga campaign. Aside from the top honor, the Agency also garnered 1 Gold , 3 Silvers and 5 Bronzes for various campaigns created for ...


 Fiscal Reform Hinges on Next Steps, I.M.F. Says

Thu, 29 Jul 2010 21:18:13 -0700

The effectiveness of the Wall Street reform act will rely heavily on execution, the I.M.F. said.


 AACC: Assessing the Cost-Effectiveness of PGx Testing

Thu, 29 Jul 2010 08:09:53 -0700

In several talks given here at the American Association for Clinical Chemistry's annual meeting in Anaheim, Calif., investigators have highlighted the importance of conducting prospective clinical trials to determine the cost-effectiveness of pharmacogenomic approaches for personalized medicine.



© 2010, Shortcut 2 Success - All Rights Reserved Worldwide | Success Legal Information | Success Blog | Success University