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Secret to Financial Freedom

March 07, 2012

There are only two steps required to ensure you'll create financial freedom: 1) Put together a plan based on saving and investing, not spending. 2) Produce at levels that guarantee you reach your financial goals —this means 10X! First, figure out how much money you need to be financially independent. Then, divide that by the number of years you are willing to work to accomplish the goal. For example: $1,000,000 in 20 years, would mean you need to set aside $4000 a month every month for 240 months. With only minimal interest and never putting any of the money at risk you would have well in excess of 1,000,000. Second, figure out basic living expenses, and other costs, as well as, state and federal income taxes and add that to the 4000 a month you want to save. You now have the number you need to produce every month in order to reach your goal! Do WHATEVER it takes to produce that amount, whether it's working harder at one job or taking on several jobs! Millionaires become millionaires due to focus, hard work, consistency, investing money, and passion for the purpose that drives them! Get your financial plan in action now!

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