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Financial independence

Well, every of us has a dream to live free without any worries of going out of money,go where ever you want,buy anything you need but how many of us grow to that?
Is it really that difficult to achieve that?

Not really but needs a certain dedication and discipline to lead a life of your dream.
Let's start with " what really is Financially independent":
what financial independence mean to you?Is it to retire early and spend your quality life waging fun with your family,friends. 

Do you know an average millionaire has at least 7 source of income  of which many are passive of course;
                                                       INCOME is of two types:
                                                           

                                                       
Passive income are those which doesn't require your mere presence but let you earn.To simply state make your money earn for you.
In contrast active income are those which require your presence,you earn as you work; working hard gets you more and so to say you are your money servant.Author of the book"RICH DAD AND POOR DAD"  calls it a rat race.
A rat race,you need get out of it to earn your dream as to mean to avoid depend on your paycheck. Develop your own ways or strategies to earn either it could be stocks,bonds,real estate  and many more
Financially independent is one who doesn't depend on job for chores to go on and spend less time worrying to pay the bill rather they would spend time on making their wealth grow,they take time to make their monthly and yearly expenditure on how much they need on each things and would invest more than 15 to 20% of their income.A study shows positive accumulators of wealth spend more time a week and annually on making their financials than others who so called under accumulators of wealth.

Financially independent people have assets that generate income (cash flow) that is at least equal to their expenses.
A self made millionaire knows the value of money and wouldn't be much lavishing through his expenditure.
Only the best way is to be comfort outside your comfort zone that lets you know the world  better and help you solve the problems that will make you millions.
hoping on it you to be financial independent and lead your life  happily.
                                                                                                      -avansat

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