Sep
30
2009
First of all, to me, financial freedom is… not to be dependent upon someone else, your family nor the government to support you; you are free to do as you wish, when you want to do it, with whom you wish to do it. Financial freedom does not need to mean filthy rich. Let’s get that straight, right from the start.
I have known many people that were not considered RICH, but had the ability to travel, spend time with family, volunteer and anything else they really wanted to do. The purpose of these RANTINGS is to share the “Secrets” of gaining Financial Freedom. Read more »
Sep
19
2009
Financial freedom cannot be achieved without budgeting. Budgeting involves tracking your sources of income and more importantly tracking your expenses. It is novel tool for controlling your expenses and making you aware of how you spend your money. At the outset, budgeting may seem to be onerous and boring, particularly for those of us who hate numbers. But once you realize the benefits emanating from it, you will find it an interesting exercise. Even businesses, whether small or large, use budgeting as a tool to achieve their financial goals. It is, in fact, an integral part of managing an organization.
Benefits of budgeting:
Helps to control impulse buying.
Helps to control your expenses.
Ensures that you pay your bills on time.
Helps you to borrow money when you need it.
Helps you by not defaulting on your loan repayments, thus, protecting your credit rating.
Helps you to save money which can routed to different investment vehicles that can in turn help you build your net worth over a period of time. Read more »
Currency Trading | davidguide | 
Comments Off 
