Many would consider it to be a state in which you can afford to pay your rent, expenses and have a constant flow of money. Others would suggest it to be the amount of time you can live off without working, living off the passive income you generate by intelligently managing your money. For me, being financially independent is both of the above mentioned. Also adding the possibility to move around and live wherever I wish to be at that moment, having enough time to pursue my hobbies and to spend with my family. Many people spend their lives living in a vicious circle of working to survive De Niro Casino Sunglasses spending nearly everything only to repeat everything the next month. We are told to go to school, study hard, memorize information. Most of the things I know, I learned outside of school. Our mindset is programmed from early one to follow orders, execute and all in one be a great employee. Not so much an out of the box thinker and creator. By learning to be De Niro Casino Sunglasses about the way we handle money. By avoiding blindly following orders. This might seem somewhat dramatic- yet more or less this is how many people live. Living in a first-world country I can count myself extremely lucky to be able to have this debate. For the start, it is sufficient to simply open your eyes to all the senseless consumption forced upon us by ads, tv, society. I used to spend money on impulse purchases when I was more stressed, upset or bored. It took me years to finally see the pattern. Also, whenever I have another urge to buy something, I taught myself to sleep a night over it. What will is producing quality content and people enjoying what I do. Yet those several spendings of 20 Euros will eventually sum up, making themselves quite some money which I can use much better. I am not saying, that a frugal life without any spending is what we are supposed to be living all the time. With online shopping, it got so much easier after all. This is all money, which could be put apart. Yes, we are talking about plain and simple savings here. Savings, which eventually can be invested or used to buy assets, which in return can generate more money. Assets in the form of properties, shares, crypto if you like or some kind of business or money generating the structure. Assets which will let us spend more time on things we love, where we love, with whom we love or simply do something good for the world. You can agree or disagree here with me, but you will need money if you want to do something good and have a big impact, even if you condemn all the capitalism involved. Maybe this is one thing after all that differentiates the rich from the poor. They had the chance to learn how to make money work for them earlier on. Be conscious about your money habits on how you spend. Maybe you will recognize a pattern, especially when you are most stressed, sad or bored. Being conscious about it will help you detect those little triggers easier. Make a habit of putting a small sum apart, monthly, first thing after your paycheck comes. You can automate that process in any bank, creating a savings account. If you lack the motivation, then think of a goal you really want to achieve: a way of life, a house, frequent travel. Yet, the saved money will be used to buy assets which will, in turn, generate money to buy those things, not the other way round. Refrain from touching that money.
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The Irishman
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