How to effortlessy get
free from debt
Do you know that you can become financially free?
To become financially free, means being free from job security.
Having more than you can ever work for, without much stress and time consuming.
By understanding your financial capabilities, you see that things will become much easier for you.
Following this guidelines, will put you on the map of financial builders:
1. Uderstanding the difference between a passive income and a linear income.
PASSIVE INCOME: This type of income, will give you financial freedom. It is a type of income that is generated by practical and systemized networking.
A passive earner can be a business builder, an investor, a networker, a writer or blogger.
To earn passively, you do not have to put in 100% of your effort, there is a system which does that for you.
LINEAR INCOME:This type of income is generated by hours and hours of work. If you are not there, no payment.
You need your presence to make money.
This type of income earning, is practised by employees and self employed individuals.
2. Starting or building a business:The best time to start is now.
The great business builders, all started with something, they did not just wake up one morning and the money starts flowing.
Start with the little you have, and along the way, you will get all the support and tools you need to succeed.
You can startup a small business, tend it till it grows to its peak.
Alinko Dangote was once like you, but he burned down his boat, and keep moving forward till he reached his dreams.
Today he is financially free and settled.
3.Understanding the Numbers:Great business builders, all read the numbers. Learn to have this number in your mind not your heart.
Number in this context, is just a physical cash, understanding how it works, will bring itself to you.
4.Encourage Savings:To become financially free, you must learn to spend with your mind and not your heart.
The main reason you keep failing to achieve that financial apex, is because you tend to spend more when you are depressed, thinking you will get better after spending.
"The best way to double your money, is to fold it and put it back in your pocket"
5.Understand the difference between an asset and a liability:
What is an asset ？
An asset, is something that adds to you, multiply or increase your effort in business. E.g Intelligence, investment, land etc.
What is a liability ？
A liability, is anything that takes from you, instead of adding. E.g Family, house, car, and wrong investment.
Do not get webbed by bankers or your lawyer, telling you to buy a house that it is an asset, that the government will give you a tax break.
Getting a mortage from bank will take from you instead of multiplying.
6.Understanding the game:Financial game, is a game played by the government to the poor and unlearned.
If you know what this game is all about, you will start from today to build your income base.
The name of this game, is called "WHO IS INDEBTED TO WHOM" as state by ROBERT KIYOSKI.
By knowing who is indebted to whom, you will learn to grow and build a far more better financial system.
I will break it down, the more debt you get into, the more poorer you become.
Try and get loose of debt, and you will see your wealth skyrocketing. But if others are indebted to you, you will as well become richer, that's the financial game, played by the government.
Conclusion
Wise people, always think of a way to better their financial situation.
If you must become financially free, you must apply this simple rules listed above, and watch your income base grow in real time.
NB: Do not invest in GET RICH QUICK SCHEME, anything that is fast do not last long.
Take your time, energy, and money to grow the perfect business you have always wanted, and watch it pay you salary for life.
If this article has changed your way of thinking towards financial intelligence, drop your experience and actions towards building your business.
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