Financial Independence is something we all dream about but few actually obtain. Why? Really, I asked myself why I am not financially independant. I was supposed to be retired by 30 and living the dream afterall so what happened?
Money makes Money! Financial independence is reaching a point that your money is working hard enough that the annual return is equal to your annual earning. Retirement and financial independence are really two seperate things. You can be financialy independant and still work because you love what you are doing but now it is a choice. You can retire and try to get by on Social Security but not be financially independent. Making Money Work is a simple strategy. Make your money work harder!
What do you do if you feel like you have no money or not enough to matter. Here is how it works:
- Start Today! Time is everything
- Bottom line / Have a budget
- Pay yourself 1st / 10% off the top
- Investing beats Saving
- Reduce Taxes
- Live Debt Free