ACQUIRING FINANCIAL INTELLIGENCE

2016
Read and learn how to take control of your finance and fly like an
Eagle. |
CHARITY
ANYIKA
INSPIRATIONAL
COACH
ACQUIRING FINANCIAL INTELLIGENCE.

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All Right Reserved:
No part of this paper may be reproduced, stored in a
retrieval system or transmitted in any form or by any means
mechanical, electronica, photocopying or otherwise without
prior written consent of the copyright owner
Declaimer:
This paper is to support the reader acquire financial
knowledge if the process is applied and action taken and
not by any means exhaustive. There are many more
information and in-depth advice needs to be obtained from
a qualified financial adviser. The success depends entirely
on the personal efforts and action.
Dedication:
I dedicate this paper to anyone who is seeking to better
their lives pursuing knowledge in any aspect of life. To God
almighty who want me to help others? To me who set out
to help other achieved their life pursuit.

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Develop a Mind-set to Attract Money
So what is the fundamental foundation to attract money and wealth?
It is your thinking and mind-set that will set the stage for attracting money.
So in order to be able to attract money naturally, you must learn how to use
your mind-set to attract money.
You need to train your mind into believing that you already have what you
wanted, and then your life will miraculously change to reflect your new belief.
The following attracting money mind-set tips may sound like mumbo jumbo
hocus pocus to you, but they are common refrains from great money making
gurus.
They constantly repeat these 5 tips to train their mind to attract wealth and
money.
Tip 1 - Act And Behave Like You Are Already Rich.
You must act and believe that what you have always wanted is already yours.
In this instance, it is money. So act as if you already have the money you wish
to have.
Ask yourself, if I am already rich, what I would do, how would I act, how would
I feel, and then act, feel and do it.
By behaving and acting rich, you are teaching your mind that you are
expanding your limitations, and as you practice this you will begin to purchase
more of the things you want in your life and the money will come to you to pay
for them.
Want to be rich, and then do this. This is the law of the universe.
Tip 2 - Be Thankful And Show Gratitude For Any Money You Receive.
To attract money, you must show gratitude for the money which is already in
your life.
Instead of complaining how little money you have, be grateful that you already
have money and will have more and give thanks to God or whatever greater
power you believe in.

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The next time when you get some money, instead of barely noticing it, take a
few moments to give thanks to the universe or God for bringing this money
into your wallet or bank account.
Every time you receive your pay check or every time you earned some money
do stop and appreciate the fact that money is flowing into your life.
By being grateful for money flowing to you, more money will be attracted to
you.
Tip 3 - Find A Dime On The Sidewalk, Keep It.
In order to attract money into your life, your subconscious mind must be open
to the idea of money flowing to you.
You must be open and receptive to any money coming to you from any moral
source.
If you see a dime on the street, and your usual reaction is probably to ignore it.
By doing that, you are teaching your subconscious mind that you are not
willing to put out effort for money.
Your subconscious mind cannot distinguish between a dime and a million
bucks.
All that your mind registers is how you feel and that thought will be stashed
somewhere in your subconscious mind that you do not want to attract money.
This mind-setcan also come in many other forms such as whenever you do not
accept a gift or do not charge someone for work done or charge them way less
than you should be or you sell a product for less than it is worth, you are
creating the same emotions.
So if you want to attract money, you must accept the money that is rightfully
yours including that dime on the street.
Tip 4 - Be Open to Money Making Opportunities
Ask yourself this question. Why it is rich people always have money making
opportunities and that you don't?
The answer is that you aresimply not looking for opportunities hard enough or
when opportunities come along, you are too lazy to take them or are even
skeptical.

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The difference between rich and poor people is that rich people realize that
new opportunities are always all around them.
You simply need to keep a look out for the opportunities, keep an open mind,
and be prepared to take advantage when the opportunity comes knocking and
do open the door when opportunities knock.
In this way, you will attract wealth and money naturally.
Someone once said, luck is when opportunity meets preparation. If you want
to find money making opportunities in your life then you must be prepared to
take advantage of them when they come.
By doing so, you will be blessed with more incredible luck than you have ever
experienced, Still skeptical?
If you are, then you will hardly have any money making opportunities.
Tip 5 - Do Something That Makes You Feel Good
Do something that makes you feel good? I can hear you say that I don't have to
tell you this.
Everyone also wants to do things that make them feel good.
When you feel good, your energy and mood rises, you will feel optimistic and
positive and these attitudes will attract more of the things into your life which
make you feel good such as money and wealth.
Now that you know the mind-set on how to attract wealth and money, keeps
this money making mind-set tips in your mind and act on them daily.
After a few weeks or months, just sit back and watch more and more money
flowing to you. If you would like to start attracting money, our secret step-by-
step recipe to success will help you to get whatever you want.
The 9 Steps to Financial Freedom
• How many years have you been broke?
• For how many years have you been looking for a solution to bail yourself
out of debt?
• How many times have you thought that winning the lottery is the only
solution to your neck-deep financial problem?

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Many people are like you, there are hundreds and thousands of people all over
the world who want to achieve financial freedom but think that they do not
have the resources to do so.
Being financially stable and free is not all about the money.
Learn from these 9 steps to financial freedom...
1. Change your way of thinking
Many people think that having a lot of money is the true measurement of
success.
And so, a lot of individuals are putting on a show. For other people to think
that they aresuccessfuland that they havea lot of money, they buy things that
they don't need.
Most are just a status symbol. They buy expensive things that are not really
essential.
What happens next? They spend the rest of the year trying to earn what they
owe to the bank.
If you are like this, your entire life is tied to the bank.
You earn basically just to pay off your debt.
2. Earn more than you spend
It is not a sin to live a modest life. It is not a crime to wear second hand shoes
or to drive a 10 year old car.
Well, these 9 steps to financial freedom won't leave you living a fancy life if
you can't afford it.
Manage your earnings well by keeping more and spending less.
3. Create passive income
If you learn to spend less, you will have more savings. You can use a portion of
your savings to invest in an online business.
Another would be to invest in the stock market. Instead of saving your money
in the bank, your money can yield more interest in the stock market than in the
bank.

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However, you should also realize the consequences of investing in it. Look for a
knowledgeable person who can walk you through how the stock market works
so you'll learn.
4. Avoid swiping your credit card
Better yet, do not get a credit card. Credit cards will let you feel that you still
have a lot to spend when in fact, you really don't.
It is wiser to carry cash, so you'll know how much you’re spending and your
limit for the day and you won't overspend.
5. as much as possible, buy only the things that you need and a little bit of
what you want
Even if you're following the 9 steps to financial freedom you also need to
reward yourself once in a while.
6. Increase your financial limit
When people think that a hundred dollars is enough, they stop striving hard
when they have reached their target which is a hundred dollars.
But, when you think that your financial limit is a million dollars then you don't
stop earning and doing your best until you reaches that million!
7. Think positively
Thinking positive attracts positive vibes.
If you will it then, it will happen. It is a just a matter of conditioning.
8. Have self-discipline
Changing your way of life and redirecting your spending habit is a very hard
thing to do.
You need utmost self-discipline to succeed with that. Think of the end in mind
to motivate you and help you discipline yourself.
9. Avoid that little indulgence
If you have disciplined yourself for so long, what will give you away is giving
into little indulgence.
When you feel that you are so deprived, go back to step number five of the 9
steps to financial freedom and reward you a little.

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However, avoid giving yourself a reward before the time for the reward is due.
These little indulgences will break your self-discipline.
If you really want to change your future and become financially free, download
our secret step-by-step recipe to success and let us help you realise your
dreams.
Discovering Steps to Financial Freedom
You work as hard as you can to attain a life free from the difficulties of
finances.
Get rid of these qualms and discover these wonderful steps to financial
freedom.
For most, money is part of the dilemma that makes their world spin slower
than it should.
Although you work more than you should, you are still far from the financial
freedom you aim for heedlessly.
Most of the time you think that working in itself will bring you out of the ocean
of debt. You spend most of your time working and working and working,
neglecting the more important things in life.
When will you ever get tired? When will enough work be enough? How much
time and effort do you really need to attain financial freedom?
What are the necessary steps to financial freedom that you should take?
The list of questions grows longer as you think about it more.

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Truth be told, being financially free is not just about being wealthy in life. You
may have millions in the bank yet have your debt twice as much.
That, my friend, is not financial freedom.
You have to realize that wealth is not the answer to all your problems. And
when you get to that point, you have to start taking the steps to financial
freedom.
These steps to financial freedomare very simple, but do not underestimate the
wonders they bring.
These steps have pulled a number of people out of their financial turmoil and
you might want to join the list.
Read on and find out.
1. Bring to an end your desire to earn more. This is the firststep to financial
freedom. You have to go out of the prison cell you have brought yourself into.
This is not to say that you need to stop working. You have basic needs. Keep
that in mind.
However, you need to know what you are working for. Set your priorities
straight. Working for materialism will not lead you to success.
It will only keep you wanting more. Start an online investing business or find a
job that makes you happy and everything will follow.

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2. Stop being over luxurious. Among all the steps to financial freedom, this
is the most dreaded.
You have gotten yourself so used to living a life that is more than comfortable.
Because of this, you no longer know what it's like to be simple yet happy.
Is eating at fancy restaurants a partof your routine? Are you gadget frenzy? Do
you feel the need to take that travel vacation on a monthly basis?
Well, you might have been spending more than you should. Itprobably justhas
become part of your routine, but it does not mean that it makes you genuinely
happy.
On the contrary, it might just leave you wanting more and more. Find that
inner happiness before you consider yourself HAPPY.
3. Give your relationship with God due worth. Yes, this is part of the steps
to financial freedom.
You may refuse to believe, but this is the most important step. Materialism
was and never will be a part of God's grace.
The need of unnecessary things is what gives us undue unhappiness. Let go of
the love of money and start living a life in line with God's grace.
Being financially free is not that hard to reach. Just remember these easy steps
and follow them by heart.
In no time, you will be free from the bondage that money brings to your life
each day.

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The Wonders of Investment
Itbasically refers to your passiveincome that supports your daily needs. This is
where the importance of financial freedom plan comes in.
It consists of investments that will help you reach freedom from financial
constraints. Passive income, generally referred as investment, is the most
practical way to do that.
Let's say you have a passiveincome of $75,000 per year or basically $6,250 per
month and 10% is generated from the ROI.
A capital of $750,000 will make you achieve your financial freedom. That is
how simple a basic analysis of financial freedom plan is.
This plan for passive income is easy for those who are already established in
their finances even for a little.
However, it poses difficulty to those who have no experience and those who
have no means of financial support.
In reality, it is not that difficult to carry out even for those without capital for a
starting point. All you really need is financial education and a portion of your
savings.
Starting out little by little may eventually lead to the financial freedom that you
so dreamed about. This comes with a lot of self-discipline in managing your
finances for the investment.

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You will actually need to invest and reinvest in order to acquire more capital
for a bigger investment or an expansion. However, self-discipline alone cannot
do the trick immediately.
Although it will, it will take longer than you would want it to take. For this
reason, a thorough financial freedom plan is needed to be able to reach your
goal.
There are people who do not live luxurious lives yet do not worry about money
as much as those who have lavish lifestyles.
Neither of them might have the financial freedom that we all need. The simple
person might take 75 years to reach a capital of $75,000 from a $1,000 yearly
savings.
This saving, I might add, is also not an assurance that a 10% return of
investment will be generated.
The lavish person, on the other hand, may have the money on hand for the
capital, but may not be using it wisely.
Neither will achieve financial freedom without the necessary financial
knowledge needed in order to come up with a financial freedom plan.
Without financial education, you will have no background or solid basis of how
to deal with your finances.
You may be living a simple life with little to no debts but will be working all
your life to support your finances.

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On the other hand, you may also be living a luxurious life but is full of debts
because of mismanagement of resources.
As such, here are tips that you should keep in mind upon making your financial
freedom plan...
Do not set up a very high target for passive income when you are still starting
out.
Focus on self-discipline in order to increase your monthly savings.
Gain more financial knowledge in order to help generate higher return of
investment.
Make use of self-discipline in relation to your gained financial knowledge.
These easy steps will help you become financially-free faster than when you
are working as a simple employee.
From Debt to Financial Freedom
These people need self-discipline and financial knowledge for them to free
themselves from the unnecessary bondage of financial mismanagement.
You have to take that big step to cross the road from debt to financial
freedom.
Money is something that you need to manage, even at an early age. Its drive
will either make you or break you.
If you do not manage it correctly, you will be a slave of debt even when you
are living lives full of luxury and lavishness.
You must know that wealth alone cannot bring financial freedom. Unless you
spend your money on the right investments, you will not be free from the
bondage of money.
How then can you take a leap from debt to financial freedom?

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You have to make an honest assessment of your finances, your lifestyle, and
the drive that controls you.
Think of all the reasons why you are in the financial situation you are in. When
you are making the assessment, do not evade nor concede the real reasons
behind your financial condition.
This is essential to help you know what you need to work on. Here are relevant
questions you should think about...
Has money become part of your comfort zone?
Do you tend to buy things in order to make you feel more confident?
What are the things that drive your buying power?
Do you use your buying power to impress others?
Are you competing with other people in terms of financial status?
What is it that makes it hard for you to avoid buying something?
Are you a compulsive buyer?
How much debt do you have and why do you have it?
These questions will help you evaluate your control over money. In order to be
a step closer from debt to financial freedom, you have to have honestanswers.
You cannot jump into the solution without finding the root of the problem.
Otherwise, you will just be going in circles, wasting your time and energy on
the wrong things.
What you must do is work hard on self-discipline. If that does not work on you,
resort to counselling of some sort.
This, in general, will be a big step from debt to financial freedom.
You have to be aware of these things in order to know how dented your
finances are. To help you have a concrete visualization of how bad your
financial situation is, write your debts on a piece of paper.
Think of how much it is in relation to how much you are earning. If the debt
causes you misery more than it causes you happiness, you are to change your
spending habits ASAP.

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Think of all the unnecessary spending and how you are to get rid of that. It has
been said that you are your greatest enemy.
In this case, you alone are the one who cause yourself financial misery. In
order to leap from debt to financial freedom, you need to eliminate your debts
and start an investment business.
This is the greatest step you should make to free yourself from the bondage of
financial mismanagement.
Being Debt Free With Some Money to Invest
If you have not yet achieved total financial freedom, do not be contented of
where you are right now because you can still achieve more.
If you want to be out of debt, retire with enough money to spend for a yearly
grand vacation, or live a life that is free of a financial liability then this is the
right time for you to look for ways to achieve total financial freedom.
The principles behind achieving total financial freedom have been already
discussed over and over yet only a few people had the courage to follow
through with it.
There is no secret, the only thing that you need is self-discipline.
If you are one of the people who have read through the principles and the
characteristics that you should process to be financially stable then reading
another principle based articles won't do anything for you.
However, here are steps that you can follow through...
Step 1
Get a pen and paper and write down your total monthly earnings. At the other
column you also need to write down your expenses.
Make sure that you do not forget to write everything down including your
snack time budget even if it's just a pound or two.
Find the difference between your monthly income and your monthly expenses.
Do you still have some money left? If yes, then good, if no, you will have to
reduce your expenses or find another source of income to keep up.

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Step 2
Determine how much monthly savings you can afford to make and put it in
your savings account. Your monthly allotment for your savings deposit should
be a fixed amount.
If you have decided to deposit £200 into your savings every month then do so.
Never reduce your savings because you used the money to spend on
something else.
If you make cutting your savings a habit then you'll lose the habit of saving.
Alternate Step 2
If you do not have any money left to save then reduce your expenses. Cut on
the expenses that you really do not need.
If you cannot afford to do this then reduce your budget for each so that you'll
still have some money left for savings.
Step 3
Look for a business that you can invest in or look for a way for you to have
passive income. If you are fond of writing then write a book and earn from it.
If you think that you are good at something then write about tips and advice
on how this something could be done.
You can sell it as an eBook and earn. You can also invest your money in a solid
business. However, do not put all of your savings into it.
Just take a portion and save the rest.
Step 4
Control your habit of spending. If you are an impulsive buyer, get rid of the
impulsiveness.
If you are the type who buys expensive gadgets, talk yourself out of buying the
latest mobile because yours is just a year old. Discipline yourself!
Remember that you hold the key to your total financial freedom!
You have a choice to either live a life away from liability or live a life in poverty.
You decide!

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How Successful People Achieved Financial Freedom
Out of the entire population, only a few percentages have truly achieved
financial freedom.
Why is this so?
Is financial freedom so hard to achieve that only the gifted can do it? The
answer is you can too!
If you ask how the people at the top of the corporate ladder achieved financial
freedom then here are the secrets...
1. Business
It is always better to start small to see how the people would respond to your
business. When you have good earnings then you can expand.
Make a business out of the things that you love doing or out of a hobby. If you
love to paint, make a sculpture or write a book then you can turn these
hobbies into a business.
Just make sure that you know what you are getting into. If you are an internet
savvy, there are also tons of businesses that you can start on the internet.
There is online marketing or affiliate marketing. Your business can be a source
of either your active or passive income.
2. Hire People Who Are Smarter Than You Are
Many people are afraid to hire smart people because they do not want to be
overshadowed.
However, if you want your business to grow, you need these people to help
you out.
If you do not have the knowledge then finds someone who can think for you.
It's much like hiring a plumber because you can't fix the leak.
3. Connection
Surround yourself with successful people and learn from these people. Be
friends with those who are successful in their chosen fields and let them be
your mentor.
Also, being around successful people does have a few perks like having the
advantage to ask for help in your own business venture.

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But the point is, you learn from what you see and study them by heart.
4. Hard Work
Successful people have not achieved financial freedom from sleeping
overnight. They had to put their mind and soul into it.
They had to work day in and day out for their business to succeed. Remember
that hard work without knowledge is a waste.
5. Being Financially Smart
These people achieved financial freedom because they were smart enough to
know when to spend and when to keep the money they earn.
However, the best way is to invest your money and not keep it. The money will
lose its value over time if it is kept whereas if it is invested, it will grow over
time.
Successful people achieved financial freedom because they know all these. Not
only did they know them but they made sure to take it by heart and apply it in
their daily lives.
On your road to success there will be a lot of pitfalls but these are normal
roadblocks. It is important to pick yourself up and move forward.
Achieving true Financial Freedom
Although it requires great sacrifice and discipline on your part, but everything
does pay off in the end.
Is there any secret to achieve financial freedom?
No, there isn't!
Every detail is already laid out. What you need to have are the characteristics
needed for you to be successful.
The road to achieve true financial freedom is not that long of a road at all,
there is a short-cut.
To start off, your mantra should be: "Achieving True Financial Freedom Is
Easy!"

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Breathe and live with this mantra and you will condition your mind and your
life to adapting a life where you are truly financially free.
Here are simple ways for you to achieve this goal...
1. Live Simply
Rich men get poor because they forget how to live a simple life. They forget
how to eat foods that do not have to be cooked by chefs.
They dwell much on the things that are not a need but a want. Living simply
means knowing what the necessities are and avoiding much of the wants.
It is very important that you recognize the things that you need to live through
every day and those that you can do without.
Most people will say that if you earn more, you'll soon spend more which is
true. That is why you need to correct this mind-set.
When you started off with a monthly salary of let's say £1,000, you adjusted
your life so that £1,000 will be enough for you.
When you get promoted and you earn £5,000, giveand take a few months, you
get surprised because you realize that the amount that you now earn is not
enough to support yourself anymore.
When your earnings become high, your desires upgrades too. And this is what
you should avoid.
2. Be Happy With Simple Things
Money cannot buy happiness. Many people think they can buy happiness with
money so they squander around.
In the end, they lose everything they have over some expenses that doesn't
make any sense.
Do not think that only material things can make you happy.
The simple and intangible things in life are what truly matters and not the ones
that money can buy.
3. Learn How to Budget Your Finances
Divide your earnings into percentages. Allot 20% to your savings, 10% on
retirement and the remaining 70% is the amount that you spend.

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70% is a lot. If you still have some money left, put it in your savings.
You set the rules, however do not bend your own rules according to your own
will.
If you keep on breaking your financial budget then you do not know how to
handle your finances well.
4. Define What True Financial Freedom Is To You
Be clear and specific with your definition. After you have written down your
ideal end result then devise ways on how you can achieve it.
Achieving true financial freedom is easy if you follow these easy steps. All you
need is the will and the determination to do it. Download our secret step-by-
step recipe to success and let's help you achieve true financial freedom.
Formula for Finances freedom
Not only that, one common goal for everyone is to be rich. To live a life
without worries and financial problems is something every person aims for.
This is when this formula comes in. It is a pretty simple rule which effectively
helps you become richer.
It will lead the way to a debt free and bountiful life when used.
Are you getting curious? Well, the answer to all your financial worries is
simplified in this equation:
INCOME - SAVINGS = EXPENSES
It is really that simple. However, despite its simplicity, a lot of people find it
hard to follow.
To break it down further, here are a few guidelines…
1. Income
Sit down and make a list of your sources of income. This can be from your
salary, bonuses, business ventures etc.
Both earned and passive income should be listed down. Earned income is
money which you have to consciously work hard for.

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This includes your monthly wages. Passive income, on the other hand, is
something that creates a flow of money even without your active participation.
An online investing business is one example of a source for passive income.
If you own a building, say an apartment, and rent it out to other people, the
money you get from it is also a source of passive income.
2. Savings
Now, this is where it gets tricky. You have to recalibrate your savings mind-set.
Let me put it this way. Not everyone thinks to set aside money as savings
before paying bills and taxes or whatever.
More often than not, savings are made after expenses are dealt with.
Nevertheless, to gain financial freedom, you must be willing and be
determined to save before spending.
Practice setting aside a specific amount every payday before all the money has
been used up.
3. Expenses
Needless to say expenses are what drain your pocket. Day to day bills,
education cost, food, shelter, and your wants are expenses that are incurred
throughout your lifetime.
The trick in gaining financial freedom is to minimize these expenses while
setting aside for retirement.
You may wish to divide your income into several sections to further guide you.
Do you wish to allot 30% of your income to savings and 70% on expenses?
Take a pen and paper and calculate how much that would be. If you want, you
can also subdivide your expenses further.
Most financial gurus will agree that setting your goals on paper make it more
concrete. Make a realistic projection of managing your money.
It is good to think big but sometimes it pays to start with baby steps. Think in
detail. This way it will be easier to stick to and will seem more doable.
After all, in the near future, your dream of having financial freedom will
become a reality.

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All of this is achieved by living below your means and employing the formula
above. It may seem hard to utilize the formula on the get go.
However, with steely determination and mind conditioning, you will eventually
be able to do it.
The tools in accomplishing financial freedom are anchored in financial literacy.
Make more informed decisions when making use of this financial freedom
formula.
For financial freedom formula to work for you, you'll need to find a way of
earning additional income. The best additional income source is starting your
own online investing business.
Why Financial Freedom: The Big Question
Perhaps you have tried and failed at taking controlof your money. Perhaps you
are frustrated at not having improvements in your life.
Nevertheless you are now here and reading this article. With this in mind, let
us walk through and get to know more about financial freedom.
What Is Financial Freedom?
Depending on whom you ask, financial freedom could mean many things. It
could mean not being bound to paying debts, loans, and mortgages.
It could mean to have financial independence to live comfortably without
working too hard. For some, it may mean accepting, being content, and
working with what you have.
It all boils down to your own perception of what liberty is.
How Do You Get To Be Financially Free?
Based on our experiences, it will always start with yourself and your attitude.
You can find below some tips on how this is done...
1. Be Innovative
Know how you can make your money grow rather than spending it on what
you want but do not really need.
2. Practice Self-Discipline

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Take control of your spending habits and learn to say 'no' to your wants.
What you want now may cause you regret later.
3. Know Your Priorities
Learn how to balance your lifestyle and your work. Find out what you value
and nurture it.
Let go of unnecessary and frivolous activities that may deviate you from your
plan.
4. Set a Concrete List of Goals
It is always a million times easier to follow a path if you know where you are
heading.
Setting a concrete and doable goal will motivate you to find ways to arrive at
where you want to be.
Make it easy enough to be achievable but not too easy that you will lose
interest. Regularly update your list and re-categorize it.
Perhaps your long-termgoal has become short term. Perhaps you got married.
Whatever the reason, review and re-evaluate your list. Life is dynamic. Your
goals should be too.
5. If at First You Don’t Succeed, Try and Try Again
Do not let setbacks discourage you. Persevere and learn from your mistakes.
It has been said that if you keep making the same mistakes over and over, you
have not yet learned your lesson.
The path to financial freedom is not easy unless someone show you.
Nothing in life truly worth having is simple. It involves a process of growth,
improvement, and gaining both spiritual and emotional strength.
All this is needed to become as powerful, happy, and successful as you can be.
Remember, having work is not the only way to find financial freedom; it is just
part of it. Even if you won the lottery or become the richest man in the world,
it will not mean that you are financially free.

23
You have to know how to spend your money wisely or else it will be gone
eventually.
Learn how to manage your finances and never again ask why financial
freedom. It will already be yours.
Attaining financial freedom is easy if you know how. Download our
Three Easy Steps
Stressing over bills and pressure to provide for your family should not be
common place. The reason that these are so rampant lies within you.
It is not the lack of money that is the problem; it is more of a mismanagement
of what you have.
Learn how to find financial freedom by following these steps...
Step 1. Gain Financial Literacy
Before getting your hands dirty with all that muck from your financial life, be
prepared. Grab some books about financial freedom.
Get in touch with mentors such as Bob Proctor and Robert Kiyosaki. Invest in
feeding your mind. The more you know, the easier it is to understand what you
need to do.
There are a number of books, videos, and blogs about this topic. Read and
understand what the teachings are about getting a hold of your money.
Associate with like-minded people. Learn from their successes as well as their
mistakes.
You can get a lot of insight on what works and what doesn't by asking and
observing the habits of the rich.
All of these can be learned without experiencing the major low points first
hand.
Step 2. Obtain the Proper Mind-set
Have you heard of "The Secret?" It is a book and a movie released that
presents us with the concept of the power of the mind.
It promotes the Law of Attraction. It says that whatever you think of will
eventually manifest itself, both good and bad.

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In short it says that when you think positive, you instantly become a magnet
for good fortune.
Earl Nightingale is a well-known author of "Think and Grow Rich". He is a major
believer of the power of your thoughts.
He believed that by changing the way you think, by altering your attitude, you
can attract and gain wealth.
"A great attitude does much more than turn on the lights in our worlds; it
seems to magically connect us to all sorts of serendipitous opportunities that
were somehow absent before the change," so says Earl Nightingale.
Recondition your mind. Envision your goals and dream big. The sky is the limit.
Eliminate thinking about what you cannot do.
Instead, focus on what you can do.
Step 3. Act
All the knowledge, all the positive thinking, will not get you anywhere if you do
not do a thing.
The most important element to finding financial freedom is simply to act. Start
small and be consistent.
If you need to pay off your debts, try the snowball method. Start off by paying
a bigger amount on loans or debts with a high interest rate.
If possible, talk to the people you owe. Explain your situation and promise to
pay in instalment. They might pity you and forgive some of what you owe.
Whatever you do be sincere. Once you have made a promise to pay a specific
amount, commit to it.
If you plan to save, start doing it now. If not, you may procrastinate and put it
off until the next payday.
If another thing comes up, you may never get to save unless you make it a
habit.
Employ all that you have learned. Act on all the teachings that have been
shared with you. If you fail in an endeavour, try again.
If you still fall down, brush yourself up, and repeat the process. Try and try
until you succeed.

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Most people know what they need to do. If you are reading this article, then
the desire for freedom is within you.
Break away from the shackles of poverty and soar high. Learn, dream, and act
upon your dreams.
Remember, the power in finding financial freedom is within your grasp.
How to achieve absolute financial freedom
This is because to truly and absolutely be financially free to do what you want
requires sacrifice.
Sure, you may see some people who get rich in a few months or even days.
However, these get rich quick schemes are only good short term.
You need hard work and sacrifice to enjoy financial freedom until after death.
You need to learn and revamp your thinking and lifestyle.
I have found that achieving absolute financial freedom can be summarized into
five steps. These are as follows...
Step 1. Be Educated
An ignorant man cannot make a wise decision. If you want to make more
money, learn how it works.
Perhaps you think that you earn too little to ever gain financial freedom.
Perhaps you are one of the hundreds of individuals convinced that being in
debt is natural.
Maybe you believe that money is evil and shun expanding your wealth. All of
these are the common misconceptions rampant in today's society.
No matter how small your income, you can always find a way to break out of
debt.
Money in itself is not evil. It is merely a tool. The way you obtain and use this
tool all depends on you.
Find out how great men and millionaires got their first million. Read more
about financial literacy and the rules governing it.
Increase your appetite for financial literacy.

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Step 2. Set Your Goals
Do you want a new house? Perhaps you want to live comfortably in your
retirement. Maybe you just wish to get out of the debt you are in.
Whatever your goal is make sure you know why you want it. The reason for
setting your goal is more important than how it is achieved.
If the reason for your goal is flimsy, challenges arise when you are filled with
doubt and discouraged.
You might feel that achieving your goal is not worth it. If you have a more
substantial reason for setting a particular goal, you will persevere.
As the adage goes, "If there's a will, there's a way."
Step 3. Eliminate Debt
Have you been swamped with debt lately? Are you restless at night thinking
about your credit card bills?
To be financially free, get rid of the excess baggage. Slowly pay up all your old
credit. Do not accumulate any new debt.
If you are tempted by the 0% interest ads in the shopping malls, leave your
credit card at home. Better yet, cut it into pieces and throw it out.
Meet up with your creditors and arrange a settlement. Be honest and sincere
in your promises.
If you promise to pay a certain amount on a certain date, follow through. Who
knows, your creditors willsee your earnestness and forgivea part of your debt.
Step 4. Protect Yourself
So you have achieved the seemingly impossible? You are now debt free, or at
least experiencing a regular decrease in debt.
Good for you. Now the next step is to protect you. Invest in a good healthcare
plan if you have not yet already.
If you don't have life insurance, get one now. You need to attend to this
especially if you are the sole breadwinner.
Heaven forbid if you suddenly die and leave your family destitute.
Step 5. Increase Cash Flow

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This step is essential in achieving freedom from your finances. Increase the
flow of cash into your life.
If you are just starting out, consider starting an online investing business.
Passive income is a preferred mode of increasing cash flow.
Make use of all you have learned about finances. Take action. Nothing will
come out of your financial literacy if you simply read it but do not apply it.
With these steps, absolute financial freedom is within your grasp. Be patient
and consistent.
Never give up on your goals. Learn to think and dream big. Soon all your hard
work will be paid off.
Soon your dreams of absolute financial freedom will be realized.
Two Powerful Rules to Consider
Financial freedom is the ability to quit working at any point but still afford the
lifestyle you want.
Unless you are born a billionaire, financial freedom is not something that
worries you - but your billionaire parents probably did.
For the vast majority of us, financial security is something we wish for every
single day.
As such, here is how to achieve financial freedom and the two powerful rules
to consider in order to achieve it.
By now you probably know that the key to financial freedom is investment.
Investment is tantamount to passive income.
Passive income is equal to financial security without doing active labour. This
means more time to enjoy life with the ability to afford it.
This means waking up each day not worried about getting late at work and
doing tedious day jobs.
This means being able to pay the bills on time without working five days per
week or more.
This means that you have reached a point where your income is greater than
your expenses. In general, you have to work on it.

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You cannot just ask how to achieve financial freedom and expect everything to
unravel right before your eyes.
In order for your dreams to be realized, you must be willing to live by the rules.
There are no exceptions, just self-discipline.
Rule 1: Build Your Own System
First, work on building a system. We all make the mistake of working for
money instead of having it the other way around.
We spend majority of our time at work in order to generate a reasonable
income.
Little did we know that we have made our bodies accustomed to being work
slaves? To correct that mistake, starts creating a system that will help generate
money for you.
Otherwise, you will just be a direct employee who will stop receiving a pay the
moment you stop working.
If you invest, make sure that you have an established system that will allow the
business to run and generate income even in your sleep.
Work on being established in your chosen investment. Do not quit your job if
you do not want to.
Just sleep better at night knowing you have a fall back. This is the best solution
on how to achieve financial freedom.
Rule 2: Minimize On Buying Liabilities
This may confuse you but, yes, most of the things you buy are not assets but
liabilities. Liabilities are things that take money away from your pocket.
When you buy a new car, it is classified as an asset. In reality, it becomes a
liability.
Why?
Because you need to spend for fuel, maintenance, and insurance in order to
keep running. It will not generate income for you unless you turn it into a cab
or have in rented.
Every time you spend, think of this. Unless it generates income for you, it is
just a shimmering liability and will become part of your expenses.

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Now that you know how to achieve financial freedom, start acting on it. Start
living a worry-free life.
If you would like to learn how to achieve financial freedom, starting an online
business is one of the surest ways to become financially free.
Guide to Financial Freedom
If you are guilty of this, you are a person with a financial problem.
Your family's earning might just be enough for your needs so there are times
that your debt increases.
These are our guide to financial freedom, but this is not just the money, it's
how you spend that counts.
We have a different outlook with regards to money. Some have the freedom to
waste, while others count every penny they use.
The law of attraction is basically true, as you think so it is. A lot of people
dream of becoming a Billionaire, who doesn't?
So they find ways on how to, even dream of winning the lottery and when their
wish came true they spend it without thinking until nothing is left and back to
being broke again.
Money can buy happiness as they say and money makes the world go round.
For us it is partially true, that if you use it wisely.
In our world of corruption it seems that all you do is being played. Many
children are starving for days. A lot of families are having difficulties paying
their debts.
These reasons increase a need for financial freedom. You need to be
responsible enough and never always blame the government for your
situation.
Learn to explore the beauty of life, the beauty of your existence. Start to love
your work or go find the work that you love.
Learn to save, if you want something, ask yourself first: is this a need or a
want? When all your need is there then that's the time to go over your wants.

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Life is sometimes unfair, you cannot stop comparing yourself to people who
are born rich and look at yourself with pity. Remember, in every success there
is sacrifice.
Let us help you guide your financial freedom. Debt is a strong word, and with
debt your mind is not free from worrying.
Steps To Help You Through
First you should pay the bills on time, never get a credit card that will tempt
you to spend more even the things you do not need.
Have a written plan; list all your expenses according to their importance
because needs and wants are two different things.
Let us compare:
Needs are the things that will provide your basic requirements such as food,
clothing and shelter.
Wants are the choices involved such as quality like brand new cell phone
versus used cell phone, signature bag versus used bag.
Living the simple life, practice to value things and be contented will help and
most especially learn the word "save".
Take control of your life. Be positive in all things and eventually you will feel
the success in the right time and for the right reasons.
The life you have is based on the choices you made. You will know you made
the right choice once you established your financial freedom.
How to financial freedom
You have probably heard of a lot of people talking about financial freedom,
being free of debt, and living the kind of life that you want without having to
worry about money.
Are those really possible?
Well, maybe a few exceptional individuals can do it.
Those with special gifts of earning money and making it grow, but not you
right?

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The truth is that anyone can achieve financial freedom. The only problem is
that this cannot be done easily.
You need to persevere and you need to make good habits in order to be
financially stable.
Here are common, often repeated tips that really work but only a few have the
strength and the courage to master them...
1. Budget your earnings wisely. Set aside a certain percentage of money for
spending and some for savings.
Say you can take 20% of your salary for savings, 10% as tithes (essential but not
mandatory), the remaining 70% is left for your spending budget.
You can also divide the remaining 70% into portions. Allot an amount for food,
bills, gas or transportation, and miscellaneous.
Make sure that the budget will last until your next payday so that you won't
have to touch your savings.
2. Earn big but spend little. A lot of people are now doing the opposite. If
you are used to spending more than what you earn then by now you are neck
deep in debt.
If this is true in your case then you should change this habit and learn to
control your spending.
Remember that material things do not define you. What defines you is your
personality and wisdom.
Be wise enough to control yourself and think of where this bad habit would
lead you if you do not stop doing it.
3. Know how and where to invest your money. When you put your money
in the bank it will only yield a small amount of interest after a year.
It would be better to look for another alternative where you can invest your
money in. You can venture into online investing business or internet marketing
as your passive income.
You can also invest your money in the stock market. By the time that you are
at the age of retirement, you would probably be a millionaire already.
However, be wise with your investments. Learn the ropes of the business first
before you invest.

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4. Reduce your debts. You can start by using your credit card a little less
often. Carry a small amount of cash that you allow yourself to spend in a day.
If you know yourself to be an over spender, make this as a habit. Make sure
that you do not carry your credit card with you or a lot of extra cash or you'll
end up spending all of it by the end of the week.
5. Stick to your plan. The only way to achieve financial freedom is to
practice self-discipline.
Identifying ways to achieve financial freedom is easy. The hard part is sticking
to the plan and having the courage to suppress your urge to spend.
Financial Freedom Forever?
Well, you are not alone. In fact, you are one of the countless individuals
yearning to live in financial freedom forever.
You will find listed below a few notes on the course of action to lead the way
to your goal.
1. Goal Prioritization
Research shows that only one out of twenty households has a couple who
openly discuss finances.
This means that for others, the parents do not talk about each other's financial
goals. This is a very big mistake.
Couples should work together on a common financial goal. If the children are
old enough to understand, they may be informed as well.
Not only will this ensure that you will reach your goal faster, it will also
improve family ties. The family as a unit will be able to strengthen each other's
resolve.
As a start, start opening up to your spouse. Talk about your financial
aspirations and the kind of lifestyle that each one has.
Take note of all this and create your goals together. Make a list and identify
what is the immediate concern and what can be put off later.
Be realistic and open minded.
2. Find out What You Are Worth

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Okay, so now you have a plan. You havea goal in mind and are starting to work
on it.
Before doing anything else though, we suggest you find out how much you
earn. List down all your money sources
If both you and your spouse have a job, honestly write down how much each
earns. If you have other sources of income, write it all down.
3. Find out How Much You Owe
Like most people you must have gathered up debt here and there. If you have
credit card bills, loans, or mortgages, take note of all of it.
If you are up to your neck in debt and are afraid to see it all in paper, don't be.
You are taking a hold of your finances and are on your way to freedom.
Do not be overwhelmed with these. You will be paying them off soon. Pick one
with the highest interest and religiously pay more than the minimum.
If you have extra cash, come to terms with your creditor. Negotiate for better
deals if you plan to pay a lump sum.
4. Reduce Your Expenses
Before you can reduce your expenses, you have to pinpoint which ones are
unnecessary. Maybe you can forego travelling to another country.
If you frequently eat out at expensive restaurants, try minimizing or
eliminating this habit
Maybe you can cancel that magazine subscription of yours. Identify these
things and take them out.
Learn to spend less than you earn. This will give you a bit of breathing room
and be on your way to financial freedom.
5. Build an Emergency Fund
An emergency fund is something you set aside to address unexpected needs.
Around 3-6 months’ worth of your expenses should be sufficient.
If you have an emergency fund you will not be tempted to get more debt. Just
remember not to use it for expected or routine expenses.
It is not to be used to purchase your wants either. We will tackle that in the
next step.

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6. Start Saving
Either for retirement, your child's education, travel, or even that flat screen TV.
Start saving up for things that you want
If possible, set up different savings account for each. If opening a bank account
gives too little interest, save it in the money market or in mutual funds.
7. Build Wealth
If you are living beneath your means and are no longer in debt, chances are
you will have surplus cash at the end of the year.
Instead of spending it on trivial things, consider investing it in business
ventures which can give you passive income.
Lately the trend is to start an online business.
Know where you stand, what you gain, and what the hidden costs are before
starting any online business.
8. Share Your Wealth
Lastly, when you have attained financial independence, be generous.
Whether you are religious or not, bless others with your blessings. Share a part
of what you have to a worthy cause.
As the saying goes, bless others so you may be blessed as well.
SuzeOrman is known to say that "a big part of financial freedom is having your
heart and mind free from worry about the what-ifs of life."
Think, plan, and act. If you don't do something about your finances now, you
will never get to it.
You will never realize your aspirations of freedom from debt and worry with
inaction.
Follow this guide and enjoy living in financial freedom forever.
Financial Freedom for Women:
It comes with the patience and fortitude that most men are not gifted with.
As such, the search for financial freedom hits women way before it hits men.

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While men think of just providing for the family, women think of how to make
the budget fit. And so, financial freedom for women comes differently.
Women aim for more profound things.
Their children's education, having enough to sustain their needs, and hopefully
having more to fulfil their wants
They most often think of making the finances fit according to their lifestyle.
Some families have financial sources from both parents, others just from the
fathers.
But what about those who raise their kids alone?, What about those marriages
that end in divorce?.
Women should be able to provide for their children even when the marriage
ends in divorce. They need to have more than just a day job to achieve
financial freedom.
But although it is not something that happens overnight, it still is something
that can be achieved with patience and endurance.
Financial freedom for women is up for grabs for you if you trust in yourself
enough to believe that you can have it.
Regardless of how bad your finances are right now, you can still pull yourself
out.
You can still shake all those unwanted financial strains and be worry free.
Here's how...
1. Know your financial status. This includes everything you have and not
just cash. Think of what you own versus what you owe. This will help you
balance your finances.
2. Evaluate your credit history. Assess your credit limits and how often you
go overboard with your spending. Take note of what makes you overspend.
3. Set reasonable financial goals. Do this in relation to your dreams, your
responsibilities, and your priorities in life. Make your goals achievable and
measurable.
4. Create an investment plan. You may do this with a professional. This is
so you will have an idea of how to correctly allocate your assets in relation to
your current financial situation.

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5. Make investments as often as you can while it's still early. The earlier
you invest, the sooner you get a return on investment (ROI). This conveniently
allows financial freedom for women to be achieved in no time.
6. Make the most of tax-advantaged retirement planning instruments. This
will help you earn more because you are likely to spend less on taxes.
7. Protect your assets. Plan your estate wisely. As much as possible, make
your kids your beneficiaries in order to secure their future.
8. Keep yourself informed. Learning is a never ending process. Be updated
all the time.
9. Fulfil the eight steps. Do not let this be just another smart read. Put it
into action in order to see results.
With these easy steps, financial freedom for women is not that impossible to
achieve.
Just like any other goal, there must be a plan of action and the ability to put
them into action.
Will all these laid out conveniently for you, you will be free from financial
stresses in a reasonable amount of time.
You can achieve financial freedom if you let us show you how. Download our
step-by-step secret recipe to success and learn how.
Financial freedom the Revelation?
There are a lot of aspects that must be considered and sacrifices are to be
made.
It has been said that just like other roads, the road to financial freedom is
made for everybody.
However, not everybody gets to cross it. This has been a mystery for quite
some time now.
A lot of individuals ask why others achieve it and most do not.
The factors are case to case basis as there are things that are applicable to you
that are not applicable to others.

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As such, you will be surprised to know that the biggest factor is YOU. Yes, you
read that out correctly.
YOU are the most important factor that affects your threading down the road
to financial freedom. This revelation has shocked a number of individuals,
based on experience.
Indeed, all of the factors are relative. You may see a friend attain financial
freedom and wonder what he did that you did not.
The comparisons are making it all the more harder for you. The rest of the
factors are just minor. Again, you are the major hindrance that blocks the road
to financial freedom.
Just like everyoneelse, there are scenarios that you keep playing on your mind.
Most of the time, you dwell on the negative and overlook the positive when it
should have been the other way around.
The negative must be worked on, instead of allowing it to get the best of you.
That said, you should start working on yourself and the rest will follow.
The road to financial freedom is the road less travelled. On the other hand, it
does not mean that many do not want to go down that road.
On the contrary, many would want to make it past that road, too. They just do
not know where and how to start.
And if you are one of them, you have certainly come to the right page. The
secret to making a fortune is not that far away.
Your well sought after financial security is about to be revealed to you. It
comes with what we all pray for... prosperity and financial freedom.
Earn your first million in no time and end your financial turmoil. Claim your
right to wealth and increase your income immediately.
There are easy ways to get you pastthe road of financial difficulty and help you
prosper like you never thought possible.
Forget about all the sleepless nights thinking about debt. Invest in all the right
things and harvest the golden results of doing things right.
Financial freedom is not that far away. It is closer than you know. Do not be
misled by your negative thoughts.

38
They are whatblock your success. Instead, do something about it and get rid of
it. Do not live in question.
Make a move and moveforward before it gets any worse. The road to financial
freedom is up ahead, waiting to be discovered.
Passive Income: Earning More, Working Less
This is practically so that you can have the time off when you want to and
when you need to without worrying about having enough to pay your bills.
They say that those who cannot be replaced cannot be promoted. This is
applicable to entrepreneurs.
Think of it this way: unless you can "remove" yourself from the operations,
your income will always be limited.
Here's why...
You have to start thinking big. Say you own a restaurant. You surely would not
be part of the staff yourself.
If you are part of the workforce, you arelimiting your earnings to your monthly
pay. That is not how passive income works.
You got to work less in order to earn more.
How do you do that, you may ask?
Well, there are a lot of ways to achieve that state. Network marketing is one.
Then there's owning rental property or having royalties on some creative work.
These ways will help you earn more without working your heart on
tremendous work hours per week. You have to avoid direct involvement in
order to earn more and have a lot by the time you retire.
As what everyone already knows, passive income is the key to financial
freedom. Until you are free of your day job, you will never be free from
financial constraints.
Again, you need to let that go. Instead of working for money, you have to start
looking for ways on making money work for you.

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What is Passive Income?
This, in turn, leads to confusion to some about what is passive income in
reality.
There are people who mistake passive income for income generated without
any exerted effort.
While this may be true in the later stages, it is not applicable to the earlier
stage.
Here's why...
Passive income may be attained when you are generating income without
directly getting involved with the hard work.
This means to say that even when you are not working on your venture for
eight hours, income is still generated for you.
However, this does not mean that you can generate income without doing
anything at all. In reality, you need to do the real job yourself during the earlier
stage.
So, you may ask, what is passive income really?
Here are the things you should know...
The money you earn without spending large amounts of time is what is called
as passive income. For some it comes in form of investments, for others it
comes through royalties.
What this means to say is that you initially invest time and money in a
business. When the business is up and running, it will generate income for you
even when you no longer spend too much time on it.
In other words, create a system, let it work for you, generate income from the
system, and find the road to financial freedom.
This is how you let money work for you instead of you working for money.
Passive income is also the income generated when you work hard right now
and earn constantly for it later on.
One of the most popular ways to do that is to build a business, implement the
system, pay employees to run the business, and keep the profit.

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While some people own the business from the start, others start small and
expand later on as the income increases.
By the time the business expands, you then literally let the money work for you
even when you sleep.
After defining what passive income is, it is also important to note what passive
income IS NOT. For a clearer view, here are some examples...
Side-lines that generate side income are not the same as passive income. Let's
say you are maintaining a blog site and earning from it.
You cannot earn passive income from it unless you promote some ads on the
page through affiliate marketing.
On the other hand, salary raises are also not considered as passive income.
While additional income is generated for the same amount of time worked,
you still need to work for a period of time for it.
A raise is just an increase in the income of an employee. It is therefore not
equal to passive income.
After defining what is passive income and what it is not, you have now a
clearer view on which road to take towards financial freedom.
May this help you reach that road like many others
Passive Income Opportunities: What You Need To Know
However, there is a practical way of earning more without having your income
be directly proportional to the amount of time you put in.
Passive income opportunities are the answers to your dilemma.
Yes, there is way to get rid of the notion that you need to work your heart out
in order to earn massive amounts.
But do not be misled though. Passive income is about not working at all while
earning money. In reality, you still have work responsibilities.
It just means that you do not need to be involved directly in a job because
what you do, you can delegate.
Types of Passive Income Opportunities

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There are basically three types of passive income opportunities...
1. Passive Investment Income: This is the income earned by investing
money in order to generate more money. The money is invested in a business
that produces passive income.
However, you should be cautious in the investments that you make. Good
decisions on investments can make the road to financial freedom easier to
reach.
On the contrary, bad investment decisions can cause otherwise.
2. Passive Residual Income: This is the income generated by your
knowledge and skills. Examples of these are creative work, musical
compositions, writing books, and online investing business.
All of these examples do not need you to work on eight hour shifts just to earn
money. All you need to do is use what you know in order to generate income.
The income comes in a form of royalty and automation. This means that after
you have made something, you get paid even when you are no longer making
more of it.
In some cases, a large amount is needed for an investment. But in most cases,
only a small amount is necessary.
3. Retirement Investment Income: This is not a passive income in itself
although it presents passive income opportunities.
This income is what you get monthly after retirement, given that you have
been an employee until you reach retirement age.
During your employment period, there is regular salary deduction that is
accumulated and this is where your retirement investment income will come
from.
Assuming that you are a satisfied employee and do not opt for the other two
options, this is what you normally get when you retire.
These three passive income opportunities are what you need to consider
should you decide to take on the path to financial freedom.
While you may not necessarily leave your day job in order to generate passive
income, you should consider your options first.

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Financial freedom is for those who are brave enough for its responsibilities.
Thus, having a solid plan is recommended and necessary.
Generally, an aim is not enough when you do not have the means to back it up.
By and large, this rule applies to financial freedom.
Types of Passive Income
There are two general types of passive income that you should look into:
residual income and leveraged income.
Be acquainted with each one in order to know what will work for you.
Residual income refers to the royalty a musician gets for every album sold.
Now, there are a number of other ways to have residual income.
Bottom line is, you need not work on it eight hours or more just to earn more.
You need to know that delegating the work is the key to working less yet
earning more.
Leveraged income, on the other hand, influences the work of others in order to
create income for you.
An example of this is someone who works for network marketing and receives
commission for the sales made by those under him in the network.
Another example is selling a franchise of your business to other businessmen.
There are many ways of having leveraged income.
But just like residual income, you are earning money from the labour of others
and not your own.
If you want to have a passiveincome of your own, you need to start thinking of
what will work for you. That way, you will not be a slave of your work but
master of your money.
Sources of Passive Income
Millions of people working only know one way to earn money and this is
through being employed.
They never discover things that can help them to be wealthier or they just do
not know.

43
Everybody wants to be out of the rat race but that does not mean having tons
of money, money runs out but income does not.
With this passive income you will be able to discover your hidden talents with
regards to business.
That being said, there are opportunities out there for people who want to
make a go in the investment world, despite their budget.
You need to be sure that the thing you are investing in can make you money,
and is backed with sound financial sense.
Sources of passive income are very important factors for you if you want to
find financial freedom. This kind of income would not only help you balance
your finances, but it also offers financial security.
With such opportunities, you do not necessarily have to provide an enormous
amount of effort and time to earn some money.
You can be sleeping, working your shift or be on a vacation and still make
money. This is what this form of income can offer you.
Tired of your old clothes and need to throw them away? You can sell it on eBay
and will be able to earn money out of it.
Planning to buy a new cell phone? Go and resell the old one. Money has a lot
of sources only if you are committed for it.
Here are some examples to help you and will give you sources of passive
income...
First, be motivated in your plan of work. You need this one for you to be
patient in finding your source. What is your goal? How much money do you
want to earn?
Second, you should learn from someone who knows how and who has the
experience for this. How long they have been doing it? What is their secret?
Third, be persistent and predictable. Be positive in everything that you will be
able t do it. If others can, you can also.
The sources of passive income are built from simplest to the hardest: Selling
your things on the internet, have your place rented, if you havea bigger lot you
can have someone take it over for a rent or even have an apartment for rent.

44
Creating a business on the web, building an offline business that runs without
you, there are a lot to this than just being creative and you should have a lot of
friends in order to do that.
Go and sell it to your friends or friends of friends, stay connected. We are not
lazy, we are smart. Justgive in your effortand all the sources of passiveincome
will come in your way
Examples of Passive Income
There are different examples and sources of passive income.
If you would want to earn and sustain a stable cash flow, here are examples of
passive income that you need to consider:
1. Owning a Business
This is one of the most basic examples of passive income. When you start a
business, you get to decide how you run it.
By owning one, you also get to hire people so they can run it for you regularly.
This way, you can sustain your passive income's flow.
2. Investing
Stocks, bonds, and mutual funds are financial investments that can be ways of
gaining passive income.
These investments can take you a long way in sustaining the flow of your
passive income by utilizing them wisely and efficiently.
3. Vending Business
There are different kinds of vending businesses. Examples of these are coin-
operated machines.
Some dispense items like snacks and beverages, while some are for
entertainment, like the ones found in restaurants, bars, and amusement parks.
Since most people buy from these machines for their convenience, this can
also be of help in sustaining the flow of your passive income.
4. Car Washes and Laundry Mats
Putting up businesses like these is one of the examples of passive income that
never become outdated.

45
Owning car washes and laundry mats is a very good way to sustain your
passive income.
Since a lot of people need to have their cars washed or their laundries done
day by day, your income, too, will flow each day.
However, you just need to hire people to run these businesses for you and you
are good to go with your passive income.
5. Real Estate
You can buy a property and put it up for rent or you can sell one property after
another. Either way, you get a good chance of being able to sustain your
passive income.
The more properties you sell or put up for rent the more profit you gain.
6. Write a Book
By writing a book, you can earn a percentage of what you have published and
written.
7. Create a Blog or a Website
Create a blog or a website that can interest other people. You earn just by the
number of views or clicks that one makes.
Imagine the number of people on the internet who can view your blog or
website!
Think about other ways how you and other people can benefit from your
business. Think about the things that most likely don't become outdated, or
the things that people need in their day to day lives.
You can find out the trend that most people follow nowadays, and you can
improve or modernize these things as time goes by.
Effective Keys to Financial Freedom
Who wants to be slaves of their jobs until they get too old to enjoy what life
has to offer?
We definitely don't.

46
If you answered "Not me" to those two questions, you are in for a deal. Forget
about working until you're too old and tired.
Forget about working day and night only to have enough to pay the bills.
These keys to financial freedom are for you. Let us show you how to reach the
road to financial security without leaving your seat.
Human as we are, we all yearn for security in terms of our finances. However,
not many reach their goal. Taking a deeper look into the reasons, it all boils
down to one: lack of self-discipline.
Upstream, we can relate it to financial illiteracy. It goes back to how we handle
our finances and how little we do to change our spending habits.
As such, this list is compiled to help you pull yourself out of the hole. Let the
keys to financial freedom take you to where you want to be.
Turn your average income into wealth you never thought possible.
1. Trim Down On Your Expenses
This refers to household expenses in particular. Always spend within your
means and get rid of unnecessary spending.
If you don't need a new phone, resist that urge to get one just because a new
model is out.
In other words, trim down on the materialism. Of all the keys to financial
freedom, this is the one you should consider the most, seriously.
2. Invest In Financial Education
This will help you be more aware of what to do with your finances. And, yes,
we are referring to financial education.
Not only will it make you a wiser spender, it will also increase your income.
Yes, you got that right. It will increase your income. Those with financial
education can earn more per year.
Attend financial education seminars. Load up your brain and apply it in real
life.
3. Be Conservative in Your Investments

47
Do not invest in something you do not know about just because you are told
that will give back high returns.
Go back to #2 and work on what you know best.
4. Make Frugality a Habit
Every time you spend on something, think about its importance. Is it just to
outdo a friend or do you really need it?
If the answer is the former, then just forget about it.
Do not buy something you do not truly need. Forego expensive dining. Stick to
the basics. See how much you can save each week.
If possible, increase it the week after. If not, maintain it as much as possible.
5. Take Action
If you are worried about your finances, do not just worry. It will not take you
anywhere.
Do something about it. Stop making excuses. Focus on what you have to do.
Stay positive. Don't let worrying get the best of you.
Now that you know the keys to financial freedom, it's time you evaluate
yourself and start working on your financial status.
How to Enjoy Financial Freedom
A stress free life, the moment you stop thinking of debts and start enjoying the
fruits of your labour. This is what you want to have, what you want to enjoy.
Who in his right mind would want to wake up each day, thinking of the bills to
pay and where to find money to pay for it? We don't know about you, but
definitely not us.
If you want the same thing that we want, today is your lucky day. Let us show
you how to enjoy financial freedom the right way.
We are going to share with you the secrets to being free from financial strains.
Know how money should work and let it work for you the way it did for us.
Step 1: The Power of Investments

48
This is the first step to financial freedom. If you want your money to multiply
and not just go down the drain, spend it right.
Or should we say, invest it on something worthwhile.
Think big. The bigger the interest rate, the higher the return on investments
will be.
Step 2: Gain Financial Education
Do not be a fool and splurge on something that will not help multiply your
money. Know what you should do with your money and how.
Step 3: Take Control of Your Money Instead of Letting Your Money Control You
Let's face it. Itis not as basic as it sounds. We know of a lot of people who save
and spend more than they can.
Now, it doesn't take a rocket scientist to figure out that consistently doing that
will bring your finances down the drain.
Step 4: Get Rid of Debts
Get rid of all the stress it brings, too! Stop waking up to horrible nightmares
that haunt you because of your debts.
Be debt-free and have a good night's sleep.
Step 5: Know What to Invest In
Keeping your money in the bank will not help multiply it. The interest rates are
too low to help you save up.
Stop spending on something without a high return of investment (ROI).
Starting an online investing business is one of the best investment decisions
you can make.
Step 6: Make Better Financial Decisions
This will help you pull yourself out of financial doom. Enjoy financial freedom
by getting rid of old habits.
Step 7: Allocate Your Assets Wisely
Determine how much you are going to allocate on your investments. Do not
spend outside your means.
Step 8: Know the Secrets of Investment

49
Timeline and temperament let us spell it out for you. Investments take time.
Give it enough time. Most importantly, BE PATIENT. This is one of the most
important factors you should bear in mind in order to enjoy financial freedom.
Step 9: Know Your Investment
Money won't start rolling in the moment you started investing. You need to
know your investments in detail.
Otherwise, it won't work for you the way you expect it to. Have a relationship
with your investments.
Step 10: Know When to Hold On and When to Let Go
Yes, this does not only apply to romantic relationships. As mentioned in Step 9,
have a relationship with your investments.
As such, you should be able to depart from it if it's no longer doing you any
good. Let go and move on to the next that you know will work.
In Conclusion
Please note that my inspiration for putting this paper together is from my
financial mentor Daniel Dwase the author of the silent millionaire.

ACQUIRING FINANCIAL INTELLIGENCE

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