Financial freedom sounds like a lovely dream. For too many people, they leave it as a dream. Their mindset is that they will never be able to reach financial freedom in their lifetime.
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:
- Avoid the Trap of Lifestyle Creep and Reach Financial Freedom
- How to Achieve Financial Independence Retire Early (FIRE)?
- What Happens If you Don’t Save for Retirement?
- Money Bliss Steps to Financial Freedom
I promise you… working towards financial freedom is much better than struggling with the constant stress with money. Stick around and learn how to do it.
Have you ever thought about life lessons about money? Honestly, most of us haven’t because we go through our day-to-day lives without taking the time to reflect or even journal about our experiences. This past week, I had the chance to visit my kid’s elementary school during lunchtime. It has been a LONG time since
HCOL. LOCL. MCOL. What do these acronyms mean and why should I care? Back when I was trying to decide where to live, there wasn’t a big discussion about the high cost of living or low cost of living areas. You just picked a city close to family or branched out to a new area.
There are many thoughts on how to spend your money, how much to save, what qualifies as a mandatory vs. discretionary expenses…the list can go on and on. That makes it hard to figure out what should my budget percentages be. When using percentage based budgeting, you are allocating a percentage of a budget for this
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.
Learning how to manage money effectively is one of the best gifts you can give yourself. It will help you live the life of your dreams. The honest question to ask is are you willing to read a non-fiction book on a topic you don’t enjoy very much. Most likely, not. But, I have complied