However… Financial freedom is possible regardless of your income level.
It all starts with one simple thing – save money.
Start be saving at least 15-20% of your paycheck each time. Can’t save that now? Then, start small and slowly increase your saving percentage.
THIS IS A MUST READ >>> Money Bliss Steps to Financial Freedom
The Money Bliss Steps to Financial Freedom were born out of our own personal finance story. We worked hard following the traditional financial planning advice. Very quickly, we learned that we were spread really, really thin. One bad move and we would go under. We weren’t making progress like we wanted.
That held true…until we decided to focus on one step at a time.
That was the turning point for us and now, I am determined to help you enjoy life and money.
Top Money Bliss Financial Freedom Posts:
Each year money always tops the list of New Year’s Resolutions. As the clock strikes midnight, people turn on the switch to break bad habits and start making new resolutions to change. According to Statista, here are the most common New Year’s Resolutions: Eat healthier Get more exercise Save (more) money Focus on self-care Read
Knowing the various types of income is important. Too many times we think of income just in one big lump category of “income.” However, there are actually three types of income sources you need to know about. Have you ever considered that? Simply put… the more types of income you have, the greater your freedom.
In order to become debt free, you need a certain mindset to do it. A debt free way of living. Just going along your merry way isn’t going to change the amount of debt you have or the amount of debt you are accumulating. These must needed traits will help you become debt free and
Job loss. Medical diagnosis. Cross country move. Natural disaster. These are big unexpected life events that rock your world and can wreak havoc on your personal finances if you are not prepared. This are big life events – much bigger than a simple and smaller events. That is where a rainy day fund or money
Saving money is key to reach financial freedom. However, more times that not saving isn’t taught (or caught for that matter). It is something we want to do. We want to save. We start each month with a fresh perspective that this is going to be the month we actually save money. But, once again,
There are so many advantages to budgeting! And truly the hardest part is starting. Followed my maintaining your budget system. We all know that we “should” budget. Also, overcoming your past hurdles with budgeting, like this one… Back when we were newlyweds and combining finances, we tried to work out a budget. Over and over