Simple Steps You Can Take Towards Financial Freedom

Society does not teach us to be wealthy or how to achieve any sort of financial freedom. Generally, it teaches us to live a quiet life, where we simply ‘get by’ by jumping through hoops. It teaches us the fundamentals of being employed in a job tied down by archaic working hours and practices, rather than in a career that we love with the freedom and making our own rules. 

 

We do not get taught how to build a career that can bring us the financial freedom that so many of us crave. If you want to do that, you have to take risks and find out how to do it, often without society’s support.

 

Here, we look at just a few of the simple steps that you can towards achieving financial freedom without taking any huge risks.

 

Read, read and read a bit more

The best way to educate yourself on just about any topic on the planet is to read. There really is nothing else that will give you a higher ROI (return on investment) than some time spent reading. However, it is important that you do not just limit yourself to reading information from the mainstream media – cast your net a little wider and ask more questions about what you do read, particularly if it is in the media. DTSS is a really useful source for helping you to think and ask more questions.

Have patience

As the famous saying goes, ‘patience is a virtue,’ and when it comes to achieving anything near financial freedom, it has never been so true. No self-made millionaire became a millionaire overnight. It took hard work and patience to get there. Whether the patience is with building up your savings or your investment or waiting for that opportunity that is going to launch you to new heights, patience is something that you need to have if you want to be successful in life.

Find a mentor

Support is everything when it comes to success. We all need someone to have our back, hear us moan when things are not going quite to plan, build us up when we have a knockback, and give us advice in areas that we do not quite understand. Find someone who has experience in the industry that you are trying to move in, but is obviously not a competitor. It may be a family member or a friend, it may be a colleague, or it could be someone that you have hired as a professional mentor. Whoever it is, make sure that you trust them and have their full support, regardless of the path you choose to take.

 

This is just only the beginning of the steps that you can take to achieve financial freedom. It is a lot of hard work, and you will make mistakes along the way, but with support, patience, and a thirst to learn more about what you are doing and others’ experiences, you will be well on your way.

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Good luck!

Ken Boyd

Author: Cost Accounting for Dummies, Accounting All-In-One for Dummies, The CPA Exam for Dummies and 1,001 Accounting Questions for Dummies

(email) ken@stltest.net

(website and blog) https://www.accountingaccidentally.com/

(Image) Coins-on-Money-Dmitry-Moraine