2 Essential Tools For Creating Financial Freedom
What was it that Braveheart gave his life for?
FREEDOM!
How serious are you about yours?
If you really want it, then here are the essential tools you will need for your journey.
I hope they help you create your own financial freedom.
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Separate Bank Accounts
In order to create a financial freedom you need to have a Financial Freedom account.
That means making a separate bank or brockerage account.
I created separate bank accounts according the budget in The Secrets of the Millionaire Mind as follows:
Necessities (50% – 55% of income)
Financial Freedom (10% of income, never spend it, only spend the interest/dividends/profits mad from it)
Long Term Savings For Spending (10% of income)
Play (10% of income – must blow it all every month, can hold it for a maximum of 3 months)
Give (5% – 10% of income)
Education (10% of income)When you create these accounts, you are becoming accountable to your budget, and you are telling the universe that you are serious about becoming financially free.
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Magazines, Books and Websites on Investing
So, what are you going to do with your money in your Financial Freedom account?
If you don’t know yet, that’s ok…you just need to start learning about investing.
I started by reading Smart Money Magazine until it went out of print.
Money Magazine is another popular tool.
Whatever tool you choose, be sure it’s current as the market is always changing.
