4

The Journey to Financial Freedom – Difficult but Necessary

I want to impress upon you the central idea that the journey from poverty or middle class to financial freedom is a difficult though necessary one. But as we take this journey, we must not leave behind the principles and practices that help us to live a truly free life.

Time and consistency are the keys to building security in your financial future. Don’t delay!

Decide to pay one price. Most people pay a series of prices in their life. They work hard and make money for two or three years, then they get impatient and spend money for four or five years, they raise their standard of living too high. Then they have to start all over again. They repeat this pattern over and over. Instead of paying series of price, work hard for five to ten years, save your money, reach your goals and be financially free for the rest of your life.

There’s a place of financial rest. Strive to enter your financial REST once and for all.

You say to work hard five to ten years? That’s too long a time I want to get rich quick! Well there’s an unwritten law that the first eighteen months in business, everything turns into a mess. That’s the catch. You must come in terms with this reality. If you do that, you won’t be disappointed unnecessarily. Don’t allow anyone give you false hopes. Businesses don’t usually grow at a level pace. The first three to five years in business, you’re on a roller coaster. Every time you get something going, you’re going to have a reversal: that’s the whole truth. The important thing is to have the ability to strive when times get tough and the income stops flowing for a while.

Because you have a goal, you should be tough on yourself. You should live well below your means, spending only what you can afford from your income. An important distinction is that rich people buy luxuries last, while the poor and middle class tend to buy luxuries first. They buy things like big houses, diamonds, jewellery or boats because they want to look rich. They look rich but in reality they just get in deeper debt on credit. The old-money people, the long-term rich, built their asset column first. Then the income generated from the asset column brought their luxuries. The poor and middle class buy luxuries with their sweat, blood and children’s inheritance.

Here’s a hint to tell you if you’re on the right track in your business or career. If the people around you don’t say you’re cheap or accuse you of being a miser (at least in a joking way) you’re probably not running the finance of your business the right way.

Once people have studied and become financially literate, they may still face roadblocks to becoming financially independent. The most important of these obstacles is fear. And obstacles by the way are those frightful things you see when you take your eyes off your goals. My dreams keep me going, but my goals keep me in course.

You must overcome the fear of losing money. I have never met anyone who really likes losing money. And all my life I’ve never met or heard of a rich person who has never lost money. But I have met a lot of poor people who never lost a dime… investing, that is. And that’s how they will remain poor except they come out of their fear and start putting their money to work.

The fear of losing money is real. Everyone has it even the rich. But it’s not fear that is the problem. It’s how you handle fear. It’s how you handle losing. It’s how you handle failure that makes the difference in one’s life. That goes for anything in life, not just money. The primary difference between the rich and the poor is how they handle that fear.

One final word; call it a “secret” if you like. The businesses that grow and prosper are the businesses that produce a product or provide a service to help people or improve their lives. That’s just the plain truth. You can get by on selfishness for a while. Some people and companies have built fortunes on it. But rarely lasts.

Follow the giving principle in your business life. Make giving to others a way of life. It’s not just about religion. It’s about feeling good about people and, as a bonus, feeling good about yourself and your life. It’s called Dreamweaving. 

Uncategorized

Neksummi Matthias

I've been marketing on the internet since 2007 and I've classified aspiring internet marketers into three groups. First, people who want to make money without putting in the required effort to learn and the capital to get their business started. Second, people who give up easily when things don't work out the way they anticipated and third, people who have learnt a lot, put in much money, have been persistent, yet things haven't worked for them because they weren't doing things the right way or they were on the wrong platforms. If you're in the first 2 categories, I'm sorry I may not be of much help to you. But if you're in the third category or if you're entirely new to internet marketing and you'd like to learn from someone who's mastered the ropes, I'm willing to pour myself into you. Start your journey to internet marketing success today with my number one recommendation.

4 Comments

    • I’m happy to learn that my write-up brought light into some things you didn’t understand before now. I’ll surely be rolling out more contents here that will be helpful to you and other visitors to my website.

      I wish you success in your endeavours.

  1. No two scenarios are exactly the same, but basically reality is almost always different from proposals. It’s mainly passion, knowledge, and Cash flow that determines whether or not one survives the early turbulence and how long it lasts. However, it’s worth giving all to attain financial freedom; and the feeling that comes with the success is not just that of money but self actualization.

    • You’re right Olalekan Oshodi. And your last sentence really sank in so well –“and the feeling that comes with the success is not just that of money but self actualization.”

Leave a Reply

Your email address will not be published. Required fields are marked *