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Financial Freedom: A Simple Beginner’s Guide to Achieving Financial Independence

 Introduction :-

Let's start with a simple question If we give a large amount of money to a financially weak person what do you think what will happen to him will he became financially free or he will be financially weak again ? if you guessed it right he will be financially broken again because having  lots of money doesn't make you financially free if your way of dealing with money is not good ,being wealthy or being financially free just depends on your habits in handling the money. 

What is Actually Financial Freedom ?

Being financiallly free dosn't mean to have lots of money as mentioned in the introduction it is more about the decisions we make with the money financially weak person have a common thinking that they can make lots of money just by working for money but it's a harsh truth that you can't become wealthy or financially free just by working for money . Money is just a medium of exchange and nothing else. Being financially free is just about getting freedom from the forced decisions that we have to take on the status of your bank balance . There is a very interesting statement that i personally follow that "You Become Wealthy when you desire for something to do and your bank balance doesn't say no to you."

Why Having Financial Freedom Matters ?

Without having financial freedom people face a lot of problems as I am from a middle class family I have a personal experience of why you should become financially free the biggest problem of not having financial freedom is that you have to compromise in most of the things in your life even in the basic things you have to compromise and this is the time when you have to take forced decisions based on your financial condition .Another problem mostly faced by financially weak people is that they can't take risks and to follow thier passion financial weakness not only control your decisions but also affetc your way of living your life .

 3 Basic Steps in Getting Financial Freedom :-

    #Step-1: Clear All the Debts and Loans.

      Imagine you are in a boat in a river and there is a small hole in the boat from which water         is  filling in the boat it doesn't matter how much water you throw out from the boat ,it will         surely drown in the river along with you. Similarly the Debt is the hole in the boat of your         financial freedom so just cover the hole first don't try to pour out the water from the boat.

    #Step-2: Control the Expenses  And Save Money.

       Most of  the financially broken people have a habit in common and that is the habit                   spending too much on the things which doesn't really matters in their livelihood you have         to control the expenses and save money ,I know it will not be easy in the satrting but with         time you will learn how to do it. there is a simple rule in earning ,spending and saving                money and that is if your are earning  100 $ take 70 $ for the basic things and other                expenses and use 20$ for clearing the debts and loans and save the rest of 10 $ .

     #Step-3: Start Investing !

       By Just saving your money you will not gain financial freedom you have to invets your             your money in some other forms so that it works for you not you working for it .Doing            investment is another major topic that can't be explained in detail but in Short I will                suggest you to Explore some areas of investing where you can invest your money as a            beginner and not lose it the main thing is that you just have to start there is no any right         time for you to invest start now !


"Financial Freedom is not just about Earning lots of Money ,It's About How You Behave With Your Money ".

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