Tuesday, February 19, 2008

The Truth About Financial Freedom – What Does Money Really Mean To You?

I can’t think of a single person who is not worried about money.

Have you ever asked this question to yourself: what does money really mean to you?

W all talk of how much money we want, why we want money and what we would do if we had more money. Hardly anyone thinks about the most BASIC question of all: what exactly do they want?

I’ll tell you the answer.

Most of us are looking for FREEDOM! the freedom to choose what we want to do, freedom to direct our course without being restricted or controlled by circumstances, the freedom to spend time with whomsoever we want and whenever we want. In short, all of us have a yearning to create our own destiny.

Think about it…money is just a symbol of how much input has been dedicated towards the creation of a particular product or service. You need to know where your interests and desires lie.

It will be FOOLISH to focus on money before focusing on the ultimate goal you want to achieve. If you keep thinking about money and not freedom, no amount of money will ever be enough for you.

Money will flow automatically if you are putting in genuine, adequate efforts to achieve what you always wanted – financial freedom. At a recent financial freedom conference, I learnt the importance of positive thinking and getting rid of the “if only” attitude towards everything, especially money.

Working on your attitude and energy around money and commitment towards financial freedom is a powerful way to accelerate the money you earn.

Friday, February 15, 2008

3 Principles To Make Your Home Based Business A ‘Hit’

What is the definition of the perfect job?

One with no time clock, no boss and no one to check up to see if you are wasting any time. However, it’s difficult to find a home based business that is easier to handle than a regular 9 to 5 job.

Every year, millions of people start their own business and about 89% of them fail. The reason behind this being their unrealistic approach towards a self-owned business. You have to keep in mind that you are being paid for your productivity. There is no such thing as free lunches and you will have to remember that.

Here are three secrets to ensure that your home based business explodes and becomes a powerful wealth creator.

1. Desire
Desire is important in order to gain financial independence. It builds the determination that is required for success. You will have to choose a business that can fulfill innate desires and also achieve financial freedom. If you are enthusiastic about your business then you will be able to maintain your determination and commitment.

2. Discipline
It’s much easier and faster to get discouraged in your own business. Always remember that failure is a part of the learning curve and should not be taken as an excuse to get out of business. It is important to maintain a disciplined work schedule and not get too involved in the personal activities. Set short term and long term goals and reward yourself after achieving them.

3. Focus
Stay focused on the ultimate goal – financial freedom. Do not try to do too much at the same time. There are a lot of advantages of a home based business if you are determined to become debt free and an entrepreneur. If you don’t give up during the hard times, it will be easier to achieve your goals and have a sustainable financial freedom.

Once you have done this, your home based business will become stronger and you will really enjoy dong what you actually wanted.

Friday, February 1, 2008

Financial Freedom Conference For Employees

Unlike popular opinion, becoming an entrepreneur is not the only way to achieve financial freedom. Surprised?

So was I. after reading dozens of articles about the ways to gain financial freedom, I wondered if there was a way in which I could retain my job and still experience the joys of a financially independent life.

Close your ears to all the experts who recommend a self-owned business as the only way to gain control of your life! It may be an excellent way to make money and generate passive income but it’s NOT the only way. Even without business ownership, you have a chance to attain the lifestyle you always wanted.

Employees have access to some great investment and saving options that can pay off well in the long run. You just have to use these opportunities wisely to achieve your financial freedom goals. Many companies offer programs that can help in attaining financial freedom, instead of the traditional pension plans.

Remember that the key to financial freedom is generating PASSIVE INCOME. An important thing that I learnt at a financial freedom conference is the technique of using retirement options to your advantage. While your job requires you to work hard for a certain amount of time, passive income will be earned with little or no effort at all.

Personally, I prefer the investment retirement accounts as a way to save for retirement and generate passive income for securing my future. I think that most employees have eligibility for such programs and if you are, don’t ignore this lucrative money making alternative. You will be surprised at the amount of money that can be earned from such methods of earning passive income.

If you are really keen on starting your own business, search for a part-time business. There are plenty of them in the marketplace and you must choose one that suits your needs and requires little effort to run. A little extra effort doesn’t hurt once you start making substantial amount of passive income.

Seriously, it’s your call. Whether you use savings, entrepreneurship, investment options or a combination of all these, the aim is the same - to achieve financial freedom. the first step will be to plan your financial future in a wise, responsible manner.

Don’t think for a moment that financial freedom is out of your reach. With a little persistence, hard work and genuine desire, it will be yours to relish and savor for a long time to come!