Are you financially independent in life?
8 Levels of Financial Freedom
"If you don't find a way to make money while you sleep, you will work until you die"
- Warren Buffett
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No. 1: Keep your costs down
No. 2: Expect the unexpected
No. 3: Don't trust stocks for your near-term needs
No. 4: Consider stocks for your longer-term goals
No. 5: Make your investing automatic
No. 6: Reinvest your dividends somewhere
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1) Understand Your Earnings Are Not Wealth
2) Ignore The Joneses
3) Know Your Number
4) Avoid Debt
5) Pay Yourself First
6) Create A Safety Net
7) Invest For The Long-Term
8) Focus on Advancing Your Career
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1. Set Life Goals
2. Make a Budget
3. Pay Off Credit Cards in Full
4. Create Automatic Savings
5. Start Investing Now
6. Watch Your Credit
7. Negotiate
8. Continuous Education
9. Proper Maintenance
10. Live Below Your Means
11. Get a Financial Advisor
12. Take Care of Your Health
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1. Start a blog
2. Write and publish an ebook
3. Create an online course
4. Produce an audiobook
5. Become an affiliate marketer
6. Build a sales funnel
7. Develop a smartphone app
8. Earn real estate rental income
9. Sell digital products on Etsy
10. Generate royalties from jingles or audio tracks
11. Make YouTube video tutorials
12. Sell professional photos online
13. Use cash back credit cards
14. Purchase dividend stocks
15. Invest through peer-to-peer lending platforms
16. Become an ATM vendor
17. Build niche or "guide" websites for lead or referral income
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Money helps us to survive in this world.
It answers all problems in this world - food,water,clothing and shelter
So become financially independent and survive on your own!