Jul 2, 2021
Becoming financially free is the dream for everybody i would guess.
You know how it would be if you won the lottery and didn't have to go to work everyday at a time that you didn't want to.
Life would be brilliant and you would spend your time floating around, having naps in the middle of the afternoon.
However, most of us will never win the lottery, so it's down to us to win our own lottery and start becoming financially free.
Ready for the steps that you can take you to where you want to be in double fast time?
Stop Spending The Money You Have
To become rich you really need to stop spending money on things that you have don't truly need. All those little expenses that dont really seem to be much, really add up to a heft sum.
Yeah its only a £5 here and there. It's only the gym membership. But take a look at what is occurring each week and each month and that's just one thing. Your money leaving you quicker than you could ever want to happen.
So as my Mum always used to say "If you take care of the pennies the pounds take care of themselves"
Start monitoring the small stuff today and never look back.
Manage Your Money To Be Financially Free
One thing is sure, you can always find the money to do the things that you want to do. Which means at the end of the month you are scrapping around to save anything.
This shouldn't be the case, and to become financially free you need to pay yourself first. You simply must get into good money management habits.
Allocate the cash into several different bank accounts that cant be touched for anything other than its designated reasons. This will be tough, but becoming financially free is tough...but you can do it.
Financially Free Starts In The Home
Did you know that its possible to earn great money simply from the house you are living in? Airbnb has built its whole business model around people renting out rooms in their house.
Could you do the same?
Or perhaps you could take one step closer to being financially free by loaning your home to a film company. There is big money for people renting out unusual locations to film companies to utilise. Even simple things like renting out your driveway can add up to many hundreds of pounds per month. That is the way to become financially free by looking closely at the opportunities around you.
Start Building Passive Income
Having money coming into your life every month without lifting a finger is great. But of course most passive income takes a bit of work to get going of course.
Building a niche site which targets affiliate links is quite easy, although not as profitable as it once was.
That doesn't mean that you shouldn't give it a go, as you will make some cash for sure.
And you will learn so much in the process about the worldwide web and how to grab hold of it all for your family.