Keys to Financial Freedom

The Financial Book

43701056_556059041520949_6252697961717825536_n

Financial Freedom in early 40’s, sounds like dream come true. Let’s accept the fact all of us want financial freedom in our life as soon as possible. But do we know the exact definition of Financial Freedom? It’s basically living life without doing any job, maintaining healthy & same standard of living. For an earning person financial freedom is not a huge issue if he or she starts investing early and tactfully. Firstly, we have to figure out the proper way to reach the financial freedom. One can start this with allocating his or her income into three heads:

  • Necessities
  • Contingencies
  • Investments

Capture

When we think of necessities, the amount to be spent varies with level of income and articles to be purchased depend upon the standard of living. From food, shelter & clothing to luxuries each item has different parameters in budgets. So, the calculation of estimated expenditure on…

View original post 400 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.