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Financial Freedom – Golden Nuggets of Change

Financial Freedom Golden Nuggets of Change


Does your wife nag you because of money problems? Are you afraid that you might lose your job one day because of the fluctuating economy? Do you believe that you can pay off every cent that you owe and achieve financial freedom someday?

Keep believing because it is absolutely possible for anybody to get out of debt as long as he is willing to put in the hard work and determination necessary to get the job done right.

The first step to turning your financial woes around is to welcome change. Change is essential for growth and not everything that becomes different is bad.


1. Change Your Lifestyle. Debt can be attributed to either poor allocation of available funds or not making enough money to cover your family's basic needs. It does not matter which one of these problems you are facing, you have to do something about it. If you make a certain amount of money monthly, you should focus on paying for the necessities first. Once you have done that, you should use the remaining money to slowly get yourself out of debt.

If you do not make enough money, you have no choice but to find another job that pays better or find a second job to augment the money you are making in your original job. If this is not possible, ask your family to help out and tell them to find jobs of their own. The only people you can count on in hard times like these is your family. They will bail you out.

2. Change Your Priorities. Owing people money is a lot of responsibility. You have to make sure that you produce the funds you need to pay them back. If your primary concern before was saving up for that new car you have been eyeing, it's time for you to stop and instead concentrate on settling your debts. In facing difficult times, sacrifice is almost always one of the keys to getting through your problems and conquering them.

3. Change the Way You Think. A lot of people are unhappy in this world because they feel that they do not own enough. Everybody seems to want new and better things and never become contented with what they have. Instead of targeting a brand new TV or car, why not save your money and pay off every penny you owe? It would feel a lot better to know that you have financial freedom rather than owning a giant television which you acquired using borrowed money.
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