Health and Wealth

Financial Freedom for beginners part 4Generating additional income Create a passive income systemAlthough in the next point you will see that it is very important to save, you must also start generating this type of income. Because as long as you don’t articulate this income generation system, you will be wasting your time (because in…

Write your goalsWhy do you need money? Do you want to get rid of your debts forever? Are you desperate to escape the routine of your permanent job? Is there a place you’ve always wanted to travel to? Do you need to save for a wedding, children or retirement? Achieving financial freedom must be associated…

Analyze your situationJust as a company always keeps accounting to know the economic reality of its business, you cannot achieve financial freedom without knowing your starting point. To do this, make a list of all your debts: mortgages, school loans, car loans, credit cards, and any other debt you’ve accumulated. Don’t forget to include money…

How Financial Freedom Works – Financial Freedom for Beginners part 1 It is never too late for financial planning. The difference is the older you get the more money you need to create passive income. That is why it is good to start young. How does financial freedom works? Keep in mind that this is…

Levels of financial freedomIn order to achieve financial freedom, there are 3 phases. Phase 1 : Financial security The first phase is to move from the situation of uncertainty of not making ends meet to the situation of financial security. We can consider that someone enjoys financial security when they have enough funds to cover…

What is financial freedom? Financial freedom basically consists of having enough money meant to cover all your needs in a certain period of time, without depending exclusively on a salary. The concept of financial freedom refers above all to the feeling of not being tied to a job, simply because you need the money your…

The 12 Steps in Financial Freedom Part 1 IntroductionWe have become accustomed to thinking that financial freedom is unattainable In fact, many people think that only a privileged few with a very high income can enjoy financial freedom.  However, this belief is completely wrong. More than anything because financial freedom does not consist so much in…