Sunday, 15 August 2010

Become financially free this Independence Day!


Are you ready to take an oath to be financially free this independence?

Here are some simple and quick steps that would make you financially free.

1. Determine why you want to become financially free: You need to introspect as to why you would exactly want to be financially free? Is it that you want to achieve a dream, or is that you would like to spend more time with your family friends?

2. Begin with the end in mind: You need to set your financial goals and have a positive attitude towards achieving it.

3. Learn and experiment: Learn as much as you can about personal finance and budgeting .Browse through some financial blogs and try and educate yourself.

4. Write down everything you spend: This will help you keep a note of where you are spending your money & how you can minimize and save wherever possible.

5. Create a plan: Once you determine where you are spending, you would be able to plan your resources better.

6. Stick to the plan : It is very important to stick to the plan you are following, at the same time you have to ensure you review your budget once a week, make corrections and get back on track.

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