Beginner's Guide to Financial Freedom at 40
5x2 Financial Freedom Framework
Step #4 How You Will Get There |
Now that we know where we're going, let's figure out how we'll get there!
1. Start spending consciously.
Before spending money, ask yourself, "Is this bringing me lasting joy. Is this getting me closer to my financial freedom goal or taking me further away?"
I also realize, not every expense will bring us lasting joy, but if we are evaluating our expenses, we can make decisions like getting a smaller place so we aren't paying as much in rent and we can put that extra money toward our financial freedom fund.
HOMEWORK
Evaluate your current expenses and get rid of those that aren't bringing you joy and decrease those that are essential expenses.
2. Make your money work for you.
Decide how you will want to invest your money. Stocks (if so, click the resource link below for help)? Real estate?
HOMEWORK
Take one action this week that will help you invest your money.
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