How to achieve financial freedom?
According to the Society for Personality and Social Psychology, 40% of our time we run on autopilot. Those things that we do without conscious attention are habits.
The good thing about habit is that it saves the brain’s energy. Why? Because the brain knows exactly what to do without exhaustive effort.
But the question is what type of habit are you developing?
This question is important because not all habits will lead to financial freedom. Successful people are pretty much aware of this. Do you think that they are just lucky to earn their millions?
Definitely not. They worked hard on it. They develop skills that made them financially free. And most importantly, they develop good habits.
The journey to financial freedom
Here are the five habits that can make you successful:
1. Setting good goals.
Setting a goal is the first step in achieving success. But not all goals are good. However, negative goals are sometimes believed to be good. So how do we know that our goals are good?
Good goals have good benefits in the long-term. This is the reason why successful people stay on course no matter what. It allows you to reach your destination.
Good goals are measurable. It also involves practicing good behaviors such as eating healthy foods and quit smoking. The more you achieve these goals the more likely you become motivated.
Bad goals are goals that are not measurable. Setting up goals too high may overwhelm and disappoint you when you fail.
2. Never waste time.
Financially successful people never waste time. They never watch TV or spend time on the Internet unless related to their business. Instead, they spend most of their time engaging in self-development, volunteering to work for society, creating new businesses, or other financially rewarding activities.
3. Set dream and set goal.
Goals are born out of dreams. So before you can really make a goal, you need to set dream first. Dreams are your path, the trail that you want to traverse. It could be easy, cemented way or a rocky and rough trail.
Goals, however, are the things you do to get yourself on the track that you want to be. It’s about doing the pieces that make your dream a reality. In this process, you may ask yourself whether or not you can actually achieve your dream. Doubt may be your worst enemy in this process.
Many people have dreams and goals but they never reach it. Why? Because their doubts are greater than their aspirations. So how can you persevere on your goal? This brings us to the next part…
4. Never quit.
It is a cliche, everyone knows it. But the true meaning of “never quit” can be found in difficult times. If you are in a situation when all of your choices are not possible, you’ll be tested.
To me, never quit means taking another step, another mile when you have nothing left. Financial freedom requires persistence. And persistence is another word that pertains to the same concept.
The reason why most people found it hard to stay in their dream is the inability to ignore others. Yes, sometimes, you need to disregard other people’s words and comments.
In most cases, our significant others are the first people who will rip us from staying focus. If you listen to them, you’ll lose your opportunity.
Financially successful people avoid negative people. This is the reason why they carefully choose their friends. They try to circle themselves with positive people – people who have the same dreams and goals.
5. Never rely on a single source of income.
Financial freedom cannot be achieved by focusing on one income stream. Successful people do not rely on a single business. This is the reason why almost all of their time is spent on building several businesses.
The message is simple. If you want to achieve financial freedom, you’ve got to separate yourself from the majority. Identify what financially successful people do and mimic them. And from their habits, create your own dreams and goals for your own success.
Do you have what it takes to achieve financial freedom?
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I’m a licensed psychometrician, author, and blogger. I’m currently working as a University instructor teaching psychology. I love writing and doing psychological research.