Tuesday, July 20, 2010

Financial Freedom

As it appears that things will not get any better any time soon,due to layoffs,more and more small businesses have been birthed.Many people have decided to venture out and have discovered new passions in the process.Many people have decided to give self-employment a try after seeing nothing is exactly risk-free.Especially in this shaky economy.There is absolutely no substitute for knowledge especially in the area of finances.We live in a capitalistic society and and there are so many ways and methods to aquire "true" wealth.The traditional 9 to 5 lifestyle can seem so mundane and draining and even though we all have bills to pay.However,seeking financial freedom by means of controlling your own labor has shown to make a lot more people happier in the long run.Of course becoming financially free is a process in its self,but investing in tangible assets and decreasing liabilites can and will do wonders for you.Assets are money-generating commodities that put money in your pocket.Liabilities are things that take money out of your pocket.Examples include,bills,expenses and payments on things that you own.In capitalism,the power relies in those who own and control the means of production.Most people are aware of the investing that you can do in the stock market,real estate etc.However,there are many other things that you can invest in too.I recently invested in a press machine to make shirts and started up a business that way.The main purpose of this article is to get the point accross that you can be happy and free by using you own creative imagination to generate cash flow to live off of.It requires diligence and faith,but it can be achieved.I recommend Robert kiyosaki's Financial book collection if you want to learn more about finances to heighten your financial IQ,but in the meantime,stay positive,form a plan and put money to the side outside of your budget and start investing in things that will make money for you and can free you up time wise.i guarantee this will make you more happier than that same old 9 to 5 job where taxes rob you and you cant stand the people you work with and your supervisor that you know you are more qualified than consistently gets on your nerves.Study Up!Im out!Peace!