11 Key Steps to Finance Your FREEDOM

Would you like 11 key steps to get you on the path to financing your freedom?

I’m talking about time freedom, the freedom to choose your lifestyle, the freedom to work on your own projects, take a day to meditate and work out, go to matinees with your spouse…whatever you want.

Do you want real freedom in your life, so that you have time time to really explore what you were meant to achieve, bring forth and accomplish on this planet?

That’s what today’s video training is all about, the 11 Key Steps to Finance Your FREEDOM.

Freedom is a lot closer than you think!

P.S. I left my bank job on Dec 23, 2017 and have since been helping become financially free faster, CLICK HERE to see how I can help you spend more time with your families, and doing what you love!

7 Key Steps For Married Couples to Become Financially Free Together

…Mey here on a dark Saturday evening after a nice day with my family blogging about the 7 Key Steps For Married Couples to Become Financially Free Together

…a lot of people will joke around about marriage, in that the wife spends all the money the husband makes and so on…

…yet, married couples are more likely to become free because they are a team, a mastermind…

…two heads are better than one…

…so, go ahead and read on and make sure you follow to 7 key steps for married couples to become financially free together

 

Key #1 Saying I Do want to Be Financially Free

…the first key is to actually decide as a couple that you want to be financially free…

...say I DO to financial freedom and that you want it together…

…many couples never do this, never make this pact, and yet, it is Key #1…

Key #2 Divide and Conquer Your Money and Accounts

…some couples throw all their money into one joint account and even though this may seem simple, it actually makes it really hard to manage where you want your money to go…

…there are a lot of different ways to manage your money and we use the Jar System from T Harv Eker

…in this system, you have a financial freedom account already established so you can just follow the system and make it happen…

Key #3 Give Your Spouse Freedom To Spend

…it’s important that both spouses have some freedom to spend on whatever they want…

…this can be accomplished by having each spouse have their own personal spending account…

…if one spouse works as a housewife or househusband, then give that spouse an allowance so that they have their own money…

…most housewives and househusbands are estimated to give about $100,000/year in services (if you were to pay someone else to do all that they do, that’s roughly the figure)…

CLICK HERE for a post I wrote on how Moms Can Become Financially Free

Key #4 Communicate About Your Financial Goals

…when you want to buy something, or go on a trip, or whatever it is…

…if it isn’t coming out of your personal money, and it is going to be a joint expense, communicate with your spouse about it…

Key #5 Respect Your Spouse’s Decisions

…if you want to spend the money in the joint account on a trip to France, and your spouse wants to trade in your car instead, then respect each other and know that you are not going to spend the money until you are in agreement…

Key #6 Enjoy Your Money Together

…the joint accounts are for your marriage, your love for each other, to be spent and a couple…

…make the process fun and happy…

…enjoy your money, and the process of making financial decisions together…

…enjoy the negotiation, and love your money…

Key #7 Monthly Check In Together

…every month see how you are doing…

…did you save like you planned…

…are your investments making passive income…

…are your expenses going down or at least staying the same…

…plot your progress until your passive income finally exceeds your expenses and you both are free!

Conclusion

…getting married is a blessing and if you manage your money properly, you will become financially free together!

…I hope you enjoyed this post…

…tell me what you think in the comments below!

…as you can tell I love my husband and I love sharing knowledge on Financial Freedom…

…do you have something that you are passionate about?

…ever consider blogging about it?

…you might be surprised on how much you can make doing it!

CLICK HERE, watch the free video and make your decision to get started =)

Money Is My Friend – Passive Income Key I Learned From Phil Laut

Mey here on a lovely Thursday, blogging about Money Is My FriendPassive Income Key I Learned From Phil Laut...

…inspired by the book Money Is My Friend by Phil Laut…

…this book was recommended to me by one of my financially free friends Scott…

…I really enjoyed it and had a life changing moment occur when I read the part on passive income…

…when I read the book I was already making dividends with some of my stocks, and was reinvesting them using DRIP…

…and then I read in the book that if you want to be free you have to live off of your passive income…

…that means that you PAY YOURSELF YOUR PASSIVE INCOME every month…

…he had a story in the book where he had a savings account, and it made about $2.00 the first month…

…and he took the money and bought a movie ticket with it and enjoyed a movie…

…the point?

…we need to take our passive income and use it as we earn it, and it doesn’t matter how small it might be…

…this allows our passive income stream to grow and eventually replace our working income…

…if we never take out the dividends and live off of them we will never be free…

…it prevents us from falling into the trap of just saving and saving and working and working our whole lives and keeps us on track for our real goal, which is to make our own money with our own money…

…so right then I started paying myself 90% of my dividends (for all my income, including my passive income, I always pay myself 10% first and put it into my financial freedom account)…

…it’s amazing how just reading that one section in the book changed my life…

…suddenly making passive income streams became A LOT MORE FUN!!!

…and as I’m writing this I’m realizing that I have money in my savings account that is earning interest and I have to pay myself 90% of my interest…

…SCORE!

…so I encourage you to start this key passive income habit, which is start paying yourself your passive income every month…

…you’re going to get a lot more motivated to find ways to earn more and and you’re going to enjoy your money so much more!

What about you?

Do you make passive income in the form of interest, dividends, royalties, etc?

Do you pay yourself your passive income?

Tell us in the comments below!

Did You Give Today? Financial Freedom Through Giving…

…Mey here on Tuesday morning, the wind is nippier so I got all dressed up in my suit and now writing about today’s blog topic Did You Give Today?  Financial Freedom Through Giving…

…did you give today?

My Giving Story

…yesterday I did the scope (follow me on Periscope @meyduldulao) about giving…

…I got to give a beautifully wrapped box of Big Island candies to one of the ladies who work at the Day Care Center at our gym…

…she helps watch our son Jordan while we work out…

…and it felt really good to give…

…I first started giving money regularly about 7 years ago when I started following T H Eker’s Millionaire Mind budget (Click here for more info on the budget)…

…so in that budget you save 5%-10% of your income for our GIVE account…

…when I started doing that, I instantly felt rich…

…why?

…because whenever there was a charity drive or someone asked me to donate, if it was a cause I believed in, I had enough money to donate between $25 to $100…

…so I instantly felt rich, generous, prosperous, financially free…

A Very Wealthy Man Dave’s Giving Story

…I’ve recently been listening to my company’s weekly call with our founder Dave Wood, who talked about how he picked himself up recently by giving…

…he mentions that there are even studies that show that the wealthiest people are always giving EVEN BEFORE THEY BECOME WEALTHY they are giving…

…in his personal story, he started giving to feel better about the abundance in his life…

…he started feeding children, and now he feeds hundreds of children every month…

…and now he feels rich and abundant again, because he knows he wants to make a Million Dollars a month…

…he wants to give away half of it a month, to feed about 2 Million kids a month…

…he shares a story of a study that his Dad shared with him…

…he grew up Mormon and his Dad was a preacher…

…and in the study, it showed that the ratio of money that you give comes back to you 39 times to 1…

 

Why Giving Brings Financial Freedom?

…if you go to church you realize the benefits the church gives to the community…

…they help those who are broke spiritually, financially and in so many ways…

…for those of us who are successful, they offer weekly guidance in how to live our best life…

…and they survive through our giving…

…and they create a far greater service to the community than the money that we put in…

…when you look at the economy, we see everyday more commercial examples of giving…

…companies are always giving away samples for what they are selling because it is proven that giving samples will lead to sales (if you have a product in demand)…

…the truth is financial resources flow in this world, they flow through the exchange of value, and the move and flow…

…giving ignites the engine of abundance in your life, starting the flow, which comes around in a circle back to you…

…the easiest way to feel the power of giving is to just start giving…

Did you give today?

Blogging is a way that I give value everyday…

…find out how to give the world your value through blogging by CLICKING HERE…

Your Financial Freedom Goal – Stay On Track With This Weekly Checklist

…hi, it’s Mey here and I went on an amazing 25 mile bike ride this morning out to Hawaii Kai with my bike team, had a nice breakfast and am now blogging about the key of my whole blog and mission – Your Financial Freedom Goal – Stay On Track With This Weekly Checklist

…Do you want to be financially free?

…if you are financially free, do you want more of your friends and family to also be financially free?

…have you wanted some guidance or support to keep you on track with your goal?

…to get you financially free faster?

…then this weekly checklist is going to be the keystone to your goal for financial freedom (or for the friends that you want to become financially free)…

Why Use a Checklist?

…I blogged already on the power of checklists, they save lives in hospitals, improve efficiency and do so many things that to make everything run better and making our lives better…

…so it’s important to use a checklist in your Financial Freedom goal…

…so step one BOOKMARK this page and check on it every week…

Do I Have To Do The Financial Freedom Checklist Weekly?

…YES…

…you might think that doing it once is enough, however, it is KEY AND CRUCIAL THAT YOU FOLLOW THE CHECKLIST EVERY WEEK..

…the reason is that the actions you need to take to become financially free must be done habitually on a regular basis, just like exercising and eating healthy…

…if you don’t pay attention to one part of the checklist and fall off, it will affect your financial freedom goal…

…I know, because I didn’t focus on one part of the checklist, my Networth, and it didn’t improve at all for that year that I didn’t look at it…

…and then I started focusing on it again and my Networth improved and keeps improving…

…so, the moral of the story is that if you are serious about your financial freedom, and what you are doing now is not working, then get serious and follow this checklist weekly…

…the second step is to follow me on Periscope and Twitter @meyduldulao where I go through the checklist every week, usually on Friday though sometimes I do it on Saturday or Sunday like today…

What Is The Financial Freedom Checklist?

1) Did you Save at Least 10% of all the money you earned this week? (after tax earnings)

2) Did you keep your savings safe? (this means, did you keep it in your savings account, you have no idea how many people sabotage themselves by spending their savings)

3) Do you know what your Networth is? (if you need help, you can use free websites like Mint.com to help you calculate it daily)

4) Did your Networth Increase this week?

5) Did your Passive Income Increase this week?  (money that you make without spending time, like interest from a Savings Account or bonds, dividends from stocks, income from a business you own and don’t spend time running, royalties from books…)

6) Did your Expenses stay the same or go down? (many people sabotage their freedom by spending more money when they make more money, such as buying a fancier car, buying a more expensive house…etc)

7) Did you spend time feeling grateful for what you already have?

8) Did you forgive those who hurt you (including yourself)?

9) Did you learn something new this week about financial freedom?

10) Do you have support for your financial freedom goal? (getting Financially Free friends and mentors, reading books about financial freedom and investing, joining masterminds, getting on my e-mail list and reading my daily blog posts and watching my daily scopes…)

Conclusion

…using this financial freedom checklist will keep you on track for really achieving financial freedom and feeling wealthier now…

…I welcome any comments or suggestions on how to improve the checklist as well…

…I was recently thinking of adding “Did you give today?” since giving also creates the circulation of wealth…

…tell me what you think and about your personal journey to financial freedom!

P.S.

…I blog about financial freedom because I LOVE IT…

…it would make me so happy to see the readers of this blog become financially free faster and live their most empowered lives…

…is there something that you love?

…that you could teach others in a blog?

…if yes, you can start blogging today, and make money doing it too!

…how?

…just CLICK HERE, watch the free video and get started =)