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Is it possible to be financially free?
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[QUOTE="Caramelle, post: 207068, member: 150"] [JUSTIFY]It's very much possible to achieve financial freedom but it will take a lot of discipline and commitment. For me, financial independence means being free from the shackles of debt and employment. It's a stage where you can depend on passive income streams for all your expenses. Very few people are born with a silver spoon. Most have to go through life's struggles from school to employment or business. You can choose to retire the traditional way by working hard until you reach the mandatory retirement age or you can choose to retire early by achieving financial independence early on in your life. To be able to retire early, you must start early and help yourself to become financially literate. Craft your strategy and stick to it. Set aside a good portion of your earnings and use them to grow your funds. Learn to control money and put it to work by wisely choosing investment instruments. Value money and stick to a sensible budget. Take a second job or a side gig to accelerate the accumulation of funds. Invest in yourself by acquiring more skills and knowledge and make yourself indispensable to your company. Along the way, do take care of yourself because poor health can be costly. It will also keep you from enjoying your hard-earned victory.[/JUSTIFY] [/QUOTE]
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