As the economy and the markets struggle, there are still ways for you to make money. Starting from scratch may mean a long and tedious road to your financial goals, but, obtaining financial freedom should be a priority. Remember, if you look at your family as a business, you have income and expenses. If we subtract the two, that would be your net profit. Your net profit can increase by either increasing your income, decreasing your expenses, or both. What is financial freedom? It is the ability to do what you want, when you want. It is the ability to make money on your money. It is the ability to make money when you are not physically working, and in other words, the employees are making you money. According to a recent survey, only 23% of American workers plan to retire before they reach the age of 65, down from 50% in 1991. Once retired, 74% of Americans still plan to work. Being prepared for what’s ahead will allow for a worry-free future! Here are 14 steps to obtain financial freedom.
