Sure you know people who work and earn enough but complain that they have very little free time. The more successful they are, the more amount in your business and the more customers have more money they make, but also their personal time decreases. We can see this in the typical family scenes of parents who are senior executives, but they are always taking calls for cellular work issues and pay little attention to their children.
Then you need a plan those ideas to increase your income without sacrificing time. No wonder they say time is money and this is a benefit that can hardly be obtained with earned income (active income).
So what is Financial Freedom?
It’s when you have passive income that covers your basic needs and comforts. How do you do? Learning to acquire or construct the assets that generate the income.
The path is not necessarily easy or quick and less when you have bills and bills to pay. Plus you have to learn a lot and that’s why a plan or program of financial freedom is important if you choose this path.
So how do I do it? If you get assets that generate passive income and exceed your liabilities and expenses, you can say that you would not need to work hard; Your Passive Income would be generated almost automatically, which means a lot of free time to do what you really want … This is the so-called financial freedom. Better to be rich to be financially free and slave to your job.
Financial security and financial freedom are quite linked; the difference between them is only a matter of time. The road to financial freedom is not easy, when you have fewer accounts payable. We must learn enough, so the importance of creating a plan or program for financial freedom.
Your program of financial freedom is something that will build each day, where you will learn gradually you get assets that generate passive income. Create a program that suits your current situation, the management of your finances and how you generate your main income. Remember to capture your written program so you do not deviate from the path, this will be your guide to reach financial freedom.
In summary, in our experience a program of financial freedom necessarily includes ensuring your financial security, but it does not happen overnight but is built every day and slowly learning to convert your earned income in assets that generate you income liabilities.