Wednesday 25 June 2014

Do You Know...

The difference between Being Rich and Financial Freedom
  • Being Rich merely means having a lot of money to spend. You can only be rich at a high level of income, and the only way for a rich person to accomplish anything is to pay for it. Obviously, paying for it makes the person less rich and therefore rich people have to work hard or eventually run out of money.
  • FINANCIAL FREEDOM define financial freedom as not needing to worry about money. Money shouldn’t be a dominating force in making decisions in your personal or professional life. 
A good way to view financial freedom is another type of freedom most people in the  Western world enjoy: freedom from hunger. As a human being, I need to eat to survive. But the relative abundance of food in my life has meant hunger is never a driving force in my decisions. If food were scarce, getting enough to eat would probably occupy all of my thoughts.

Being financially free, is the same as being free from hunger. Money will always play a role in your life. But you are free when it no longer becomes the dominating influence on your goals.

RECOMMEND BOOK CASHFLOW QUADRANT by ROBERT T KIYOSAKI
DO YOU KNOW EVEN THOUGH A LOT OF PEOPLE WORKING HARD BUT THEY STILL CAN’T GET RICH OR NOT FINANCIAL FREEDOM CAUSE THEY DID NOT KNOW HOW TO FIND INCOME LIKE FINANCIAL FREEDOM DOES.

IF YOU KNOW HOW TO FIND INCOME LIKE FINANCIAL FREEDOM DOES,DO YOU THINK YOU WILL GET RICH?


Do you know people income from 2 way? left 95% active income and right 5% passive income.

 
Active Income 95%
E: Employee — Working for someone else.
S: Self-employed or Small business owner — Where a person owns his own job and is his own boss.
Passive Income 5%
B: Business owner — A person owns a business to make money; typically where the owner’s physical presence is not required.
I: Investor — Investing money in order to receive a larger

So do you want to have 100% Freedom?
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