Your path to financial freedom
Lets Get Down to Business
Ok, so last week you got the plan to make 2016 the best year yet. Now you need to fine tune that plan with a more detailed list of things you need to accomplish to make this year blast off to the moon.
With your momentum going and the excitement of everything happening in the New Year you will have the best opportunity to capitalize on exactly what you want to make happen.
You have to keep two major plans in the forefront this year:
- Start investing now
Many people don’t start investing because they thing that they need a large lump sum of money when they start an investment. This is a myth. There are reputable financial organizations that will allow you to start investing at a low initial buy in to your investment plan. As long as you invest a small amount consistently you will be in a much better position in the long term.
Don’t leave large sums of your money in your savings account. In a savings account your money will not be gaining enough interest to make a difference later on. The growth that your money will have when invested will help you to reach financial freedom much faster.
- Make more Income
One of your main goals for this year should be to make more income. You can do this by adding another stream of income to your household. It is always great to have another source of income. This will help you grow your savings and investments faster and help you if an emergency came up. The best kind of income supplement to have is passive income. This would include a franchise or business you can build part time and give income without you having to work it 9 -5 seven days a week.
No matter what you do to generate more income, legally of course…lol, Additional income is what you will need to get ahead faster. So go out there and start your path to financial freedom today.
For more TIPS and ways to find out how you can get Financial Information and how to contact a Financial Coach for your family right away leave a comment and we will be happy to help you.
Happy Friday!!
See you next week
TK