Financial Freedom Made Simple Blog

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Tuesday, April 04, 2006

 

Personal financial freedom


If you like to achieve financial freedom, but also like to spend money without having to worry you will benefit from this article.

When we are planning to achieve personal financial freedom there are a few simple strategies that need to be followed.

1 Make a full overview over your income and expenses

2 Make a budget of how to spend your income

3 Follow that budget and spend less then you earn

4 Stop all impulsive buying (Only make purchases you have planned)

5 Postpone major buying decisions

6 Save a set sum of money every time you receive a pay check

7 Pay off debts, pay off the most expensive first

 
8 Create additional income streams
 
There are numerous ways you can build your personal financial freedom but these are some basics that everyone will benefit from.
 
To go a bit deeper into the different points mentioned above, please
 
Read the rest of the article here: Personal Financial Freedom


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