How to become financially independent?
If you want to be able to live a free life and accomplish your greatest projects, the financial aspect is inevitably an important part of your reasoning. It is impossible to evolve without a ball and chain if you are drowning in debt or if your income prevents you from investing in systems that allow you to create cash flow.
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However, there is a huge taboo around the question of how to become financially independent. Today, we break this taboo to put in place simple rules that will positively influence your economic health.
Don't be a slave to buying for buying
How to become financially independent?
As soon as the paycheck comes in, many people rush to the stores or buy a whole bunch of things online that advertising tells them to want. This is how we realize that the notion of debts and difficult endings are not only reserved to people in precarious situations.
Many people of good means waste and spend all their money because they are bad managers.
Saving money is seen as unpleasant and restrictive. However, it is the only way to get rid of a lot of problems and to get a real margin of maneuver.
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If you want to know how to become financially independent, I would tell you that every time you receive money, you should pay yourself first. Put at least 10% of that money in an account where the money works for you.
This is much more interesting than buying the latest phone or the latest car.
Investing becomes a simple logic to put in place
That mattress you're putting aside on a regular basis will naturally grow thicker. Until you can finally use a good part of it to finance projects that will pay off in the long run.
How to become financially independent?
Among the best systems to put in place, I traditionally highlight 2 different ideas, to be combined with each other: financial investment (the stock market) and the real estate market.
Don't put all your eggs in one basket. This way, you will spread the risks. It's up to you to learn about the hazards of these two niches that can really pay off.
How to become financially independent?
But think about it: don't you want to have a rent that falls every month or resell values bought for a pittance at full price? This is how to become financially independent. That's how to change your life!
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