Tag: financial independence
-
How to Achieve Financial Independence
Achieving financial independence should be the goal of every working adult, employee, or self-employed. Your primary responsibility is to convert your income into assets and ultimately into wealth. Your mindset determines what you convert your income into. A consumer (hunter) primarily converts his income into liabilities while a producer (farmer) converts her income into assets.…
-
Attaining Financial Freedom: The Enemy Within
The biggest limiting factor we face when it comes to attaining financial independence and freedom is our self-limiting beliefs, belief systems, disempowering internal dialogues, low self-esteem, and the conclusion that we cannot achieve it. We listen to our minds tell us the lie that because we tried and failed several times in the past, we…
-
Between Financial Freedom and Independence
The two words – financial freedom and financial independence seem to mean one and the same thing in the minds of many. This has led to a lot of confusion and mix-up when it comes to building a sound financial foundation to be able to withstand financial storms which are a fact of life. Financial…
-
Till Debt Do Us Part
Apart from infidelity, financial stress is the single most deadly wrecker of marriages. Financial difficulty is the underlying reason for most marital squabbles. The love of money may be the root of all evil, but the lack of money is the root of bitterness. Money is the lubricant of love. Like it or dislike it,…
-
In Sickness and in Redundancy
Starting and sustaining a savings habit is crucial to achieving a solid financial foundation. Running your finances without a strong financial foundation (financial security) is like building on quicksand. Most salaried employees make the mistake of assuming their salary is their financial security. Come rain or shine, if their salary is regular, they will do…
-
Practical Steps to Financial Freedom and Independence
The journey to financial freedom has been one of self-discovery for me. The quest for financial freedom set me on a path of personal development, whereby I started off as an engineer and ended up an author, speaker, entrepreneur, mentor, athlete, civil rights activist, a better husband, and father… It has been one of the…
-
He Who Has the Gold Makes the Rules
Life is not fair. You don’t get what you think you deserve. You get what you negotiate for. If you negotiate from a position of weakness, you get what comes to you. He who has the gold makes the rules. He who is stronger dictates the terms of the settlement. If your life depends on…
-
Get Out of Jail Free
Although this title is inspired by the game of Monopoly, this post is not about Monopoly, although Monopoly as a game is a true reflection of real life. If you can play Monopoly in real life, then you are on your way to becoming rich – buy an investment property (green houses) in choice locations,…