Become Financially Free First

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313 followers

A lot of people try to get rich fast, that`s their main goal from the very beginning and what I believe is that this is a mistake.

Getting rich, especially if you start from scratch, may not be so easy to achieve.

What I do and what I think you should do also, is to focus on becoming financially free first and then on getting rich.

Your main goal should be the money that you make from your websites (the passive income) to exceed your expenses. After you achieve that goal now you have the time and freedom to work on your business even more and become wealthy.

When you are financially free you have the time to build more passive income streams and earn more money.

This is my first goal here at WA: Passive Income>Expenses=Financial Freedom

For me this is the best strategy to getting rich.

So this is my advice for you. Focus on generating passive income and becoming financially free first.

I hope this blog post helps you.

Thanks,

Kostadin

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Recent Comments

2

Great advice!

1

It is great advice to work towards meeting your expenses first. I think many tend to spend on extras when they have extra... if they don't do anything different, they will start to see how much easier it is to be free. I am still working on it, but lessons learned here definitely help.

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