Financial freedom - how to become financially free part2

Financial freedom. Meet the secret of financially free people

Financially free and dependent people have many differences and even more similarities. One of the key differences is the way of thinking. Read what this difference is and how to work it out!

There's a secret that makes people free financially - richer and richer. This is a secret that the poor have no idea about. That is why they barely make ends meet and only increase their problems.

Concentration - the secret of financially free people

That secret is concentration. Focusing on what brings money. People who are financially free can harness their money to work. They focus on increasing passive incomes and capital gains. They invest money and their time in assets. These assets are the sources of their success and wealth.

Poor people focus on income from work and financial problems. Most often they have no idea that it is possible to live without a full-time job. If they want to increase their income, they choose a second job. They are working harder and harder. But they still lose money. Instead of buying assets, they buy liabilities - which take money out of their pockets.

Financially free people flee from Parkinson's law. Every excess of cash is invested. As their income increases, half of that money is reinvested in other assets.

Poor people are looking for better and better paid jobs. When they get it, they immediately increase their expenses. Excess cash is spent on liabilities. Instead of getting rich, they increase their debts.

Financially free people are not afraid of risk. They know that everything in life is burdened with a certain risk. They go ahead boldly and thanks to that they achieve financial freedom.

Poor people are afraid of risk. The vision of leaving their jobs and starting their own business will frighten them. They don't realize that every job can end one day. Restructuring of the company, change of the boss, computerisation, reduction of posts - all this can cause them to lose their jobs at any time. And yet, they still believe in full-time jobs as the only right solution.

Financially free people focus on assets. They think about their wealth and attract more and more. The poor think about debts and problems. They complain about the economy, bad boss, difficult work, etc. They cannot take responsibility for their lives and finances. They focus on what is wrong and attract more and more.

Your way to financial freedom

Decide today that you will focus on what you want more! Stop complaining and start thinking about financial freedom and work towards it. If you change your way of thinking, your behaviour, your decisions and your actions. And this is the fastest way to financial freedom!