Beginning the journey towards financial freedom. Maybe you believe that money is the root of all evils. You have probably been taught to work for money instead of money working for you. Maybe they also taught you not to worry about your financial future because the company you work for or the government will take care of you when your work days are over. But if your plan is to be rich, it is time then to get rid of these ideas and follow the nine points listed below that will help you get started on your path to financial freedom.
- Identify the deeper reasons why you want to be rich
Most people answer yes when asked if they want to be rich or financially free. But then the reality comes, the road looks very long, with many obstacles along it. It is easier to work for money and let someone else handle the money that is left over. Can you identify your own reasons for wanting to be rich? Are your reasons deep enough to stay on track?
- Choose to be rich daily
Most people choose not to be rich. For 90% of the population being rich is a big problem. You usually say, “I’m not interested in money,” or “I’ll never be rich,” or “I do not have to worry yet, I’m still young.” These people are sealing their destiny by stealing from themselves their two most precious assets: time and an open mind to learn.
- Select your friends carefully
The power of the association is strong, so choose your friends carefully. I do not mean that the selections for how much they bring in their portfolio, what I want to say is that you do not want to spend a lot of time with people “scared” financially, who will spend it telling you that the sky is going to fall. Surround yourself with people with your same goals, with successful people who are looking for the opportunity. These people will become your mentors and will be those who help you achieve your financial goals.
- Find financial heroes to emulate
When it comes to investing, a lot of people make it sound difficult. Instead of listening to negative people, find heroes who make it look easy and listen to their stories. Review your life until now, think about activities and topics that have inspired you. Were personal heroes those who aroused that interest and kept it alive? What lessons did you learn from them? If you are as committed to your financial freedom as you were to your past passions, look for heroes to help you enlighten your path.
- Pay your consultants well
Many people try to save as much as possible with their advisors, and if you can get better free advice. Why would people want to put their investments in the hands of people who are not the best?
The services of professional advisors will make you earn money. It is sure that they will charge you for those services, but they are intelligent and competent professionals. The more money you pay them, the more money they will make you earn.
When you are considering advisors to accompany you on your journey towards financial freedom, choose people who have experience and who care about helping you achieve your goals. When you find difficulties in implementing your plan, they will be there to protect you and help you.