Repositioning for Financial Indipendence

It's most people life held desire to be rich or simply to achieve financial freedom.One thing is obvious that its not easy to get this overnight.Its requires proper planning and the right counsel. Many things have been said and written on how to attain financial independence, but there are virtues that remain constant.We shall examine the rules of achieving financial independence,They include:

a. Seeking knowledge/wisdom:- This is the first step.This entails having general knowledge on the basics and fundamentals of business.This is important as it gives you the capability to be able to chose which road to take.Please note that this does not mean spending time reading all business books and the like.

b. Discipline and Persistence:- An old adage goes like,its not the force of the river that breaks the rock,but the persistence of the river.What does that mean?getting rich involves taking disciplined steps over an elongated time frame.You are unlikely to achieve financial independence if you are not focused and disciplined.

c. Strategy,time and patience:- You cannot achieve financial freedom if you have no strategy.its like expecting to win a fight without a strategy.Your strategy must be unique to suit what you are focused to achieve. Time is the most valuable variable in any financial undertaking.Achieving financial freedom cannot be done overnight.its takes time.and that why patience is key.Its like the compound interest that one earns from a saving.its requires time and patience to achieve maximum benefits.

d. Offsetting debts:- Debts are inevitable,but if you aspire to achieve financial freedom you must do away with your debts.You must know where the debts are cropping from and address it even if it means changing ones lifestyle.This is a major factor to achieve financial Independence.The two are opposing and thus must be addressed.

f. Target/Goal:- What your target?You must be very clear of your target. You must be resolute  and candid to yourself in terms of where you are and where you want to be in near and distant future.This means you keep on reviewing your goals or targets as time and circumstances dictate.

Nothing is easy in life.Achieving the financial freedom requires effort.One thing that is clear is that one must be clear where he/she is and want to be.