Wow! What is financial independence? It means you can wake up and decide if you want to work...or not. Personally, I have no interest in retiring - maybe because it is at least 20 years away, but this was a great workshop that has 8 steps to financial independence.
#1 Financial Self Awareness - You must get a clear understanding of your current financial situation
#2 Focus on what you CAN control - Who are you listening to...and does that change how you act and think?
#3 Get organized!
#4 Write specific financial goals
#5 Create a more realistic spending plan
#6 Pay yourself first - keep saving for the future
#7 Pay off credit cards and establish an emergency fund
#8 Find a good advisor
How many of these can you say you've done? I can personally say that I haven't done ANY of them. But my compelling outcome is to be financially independent...so I am ready to start working on Step #1 - getting a clear understanding of my current financial situation.
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