Hope you’re doing well!
Let’s talk about something we all want to achieve one day, financial freedom. Once you get that freedom of never having to worry about money again, your whole life is going to change for the better.
I’ve talked about different manifestation techniques you can use to manifest your dream and desire, while that helps it’s crucial to never stop grinding until you get to ahcive that financial freedom. Only then, you will never have to work for anything again.
Step 1.
Have an emergency fund ready to go
Let’s say something completely out of left field on your journey to financial freedom. That’s why you should have an emergency fund with a large sum of money already prepared.
Not only will it save you stress and anxiety, your emergency fund has got you covered. Banks even recommend saving anywhere between 4-6 months of salary.
Step 2.
Plan budget ahead
If you go into this with no planned budget then you should quit while you still can.
I keep track of every single purchase I make by writing it all down on a piece of paper at the end of the day and reviewing the purchases I made so I don’t spend that much again when I could be using that money to invest and try to make more of what is already there.
Step 3.
Invest always
Not sure how many of you have read “Rich Dad Poor Dad” but basically the lesson was, if you want to become rich fast you have to stop spending money and live like your poor.
I know, it sounds hard to do because you have money and you want to spend it but instead of going out to the mall and buying clothes, invest in the S&P 500 and watch your money grow up by almost 10% each year
When you get paid from you job, strategize a percentage of that check that you are going to invest in dividend stocks, real estate, stocks, and other important assets that will generate money for you while you sleep.
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Make sure to share this newsletter with your friends, once this newsletter get’s 10 subscribers (two more left) I’ll be giving out a free ebook about finance.
I’ll see you all again on Tuesday! Follow me on Twitter.
- Sean Peck