Defining financial freedom is an engaging project. If you ask 10 different people, they will give you ten different answers. To those who would answer like me, it means, not having to limit your range because of money. The money thing is worked out. I do not have to give any thought to whether there will be money available. Money is managed.

What I just now worked out is that people reach financial freedom BECAUSE they paid close attention to the movement of there money in the past. They nurtured growth in their money. They had a plan that they implemented and it worked.

Where have I heard about this? ……"If you fail to plan, then you plan to fail".

People, as a breed, are very interesting. Among the interesting, I am one of the not too bright.I can be a little dim. Many are faster on the uptake…They are currently achieving financial freedom.

After a decade of financial "BATMAN RIDE" I now see the value of a plan that involves achieving financial freedom.

This is actually a two step breakthrough, gang!

* "Duh" One - I am actually admitting that financial planning by the seat of my pants is keeping me owing and sleepless.

* "Duh" Two – As long as I am planning, I can plan for wealth. With the proper strategy, achieving financial freedom is well within my abilities. (I’m also seeing that persons with multiple small and steady income streams are driving nicer cars, and ordering lobster. My consciousness makes the smallest shift from that big hit I’m chronically on the verge of…. Interesting….another article.)

So here’s the Plan –

1. Know my WHY. What do I most want? easily another entire article!

2. Income – find a means of having a steady flow of cash weekly.

3. Pay myself first – A Portion of everything I earn is mine to keep.

4. Invest in Myself – It is a wise investment to add value to myself...

5. Work a home-based, low overhead, tax friendly, profitable business and when that business pays a steady income that exceeds that of the job, fire the boss.

6. Employ the services of an accountant, an attorney, possibly an errand runner/ housekeeper/handyperson. Honor the value of my own time.

7. Diversify investments. Money likes to be spread around in different areas. Research them thoroughly. Monitor them, and pay someone else to.

8. Let the assets buy the toys. No capital gain –no toys. (That’s how you get the big toys later)

9. Have a plan to give back. Have a reason to want more. Contribute.

10. Focus on achieving financial freedom with gratitude for the abundance available to those who plan.

These are the ten things that form the outline of my plan. I believe that for myself, and the other veterans of "Batman Ride" finances, these ten things are essential for achieving financial freedom.

To the readers who are skeptical about their own ability to work a profitable business.

Page 1 of 2 :: First | Last :: Prev | 1 2 | Next