Financial Freedom Tips on the 7 Essential Money Skills

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“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this” (Dave Ramsey). According to Robert G. Allen, there are 7 Essential Money Skills that Self-Made Millionaires practice to accumulate wealth.  This blog highlights these secrets to help you create …

Financial Freedom Tips—Where does the rich invest their money?

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“The philosophy of the rich and the poor is this: the rich invest their money and spend what is left.  The poor spend their money and invest what is left” (Robert Kiyosaki). The ultimate key to financial freedom is to take action toward your financial goals.  Here are three steps to get you started in the right direction: 1.  First, …

Financial Freedom Tip on Knowing your values

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“At the end of the day, the position is just a position, a title is just a title, and those things come and go. It’s really your essence and your values that are important” (Queen Rania of Jordan). Values are essential for lasting success.  They are the foundation that guide your decisions in life.  They are the things that are dear to your heart. …

Financial Freedom Tips on Investment

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“Do not put all your eggs in one basket” (Warren Buffet). One of the reasons why people invest is to make a profit.  According to investopedia.com, an investment is the purchase of goods that are used to create wealth over time.  When it comes to investing your money, it’s important to do it strategically by following the patterns of successful …

Financial Freedom Tips on Taking Risk

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“Living with fear stops us taking risks, and if you don’t go out on the branch, you’re never going to get the best fruit” (Sarah Parish). Taking risks is part of life.  Every risk has its reward.  If we stop taking risks, we stop living.  The key is to take risks wisely by doing your homework, seeking coaching from professionals …

Financial Freedom Tips on Saving

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  “Do not save what is left after spending, but spend what is left after saving” (Warren Buffet). In the financial freedom journey, it does not matter how much money you make; it is how much money you keep.  Saving and investing are the best ways to keep your money.  In this section, let’s focus on saving.  Here are 3 …

Financial Freedom Tip on Spending

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“If you buy things you do not need, soon you’ll have to sell things you need” (Warren Buffet). There are many different rules out there on how to control spending. I personally follow the 70-30 rule. I recommend that you live on 70% of your income, give 10%, invest 10% and save 10%. Don’t get caught up on deciding which …

Financial freedom—5 Tips to Make More Money

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“The key to making money is to stay invested” (Suze Orman). Here are 5 Tips to Make More Money… 1. Invest on yourself and start a new business while keeping your your day job. You can get started by turning a talent or even a hobby into profitable businesses. 2. Start a blog or a website to share your contents, …

Financial Freedom Tips on Earning

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“Never depend on a single income.  Make investment to create a second source” (Warren Buffet). Creating multiple streams of income is an important step toward your financial freedom.  The same way you need 2 legs to stand securely, you need a minimum of 2 sources income to have basic financial security.  Why is that?  Well, because we can’t control life. …