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So you want to break out from your financial Prison? Ok, well here is my 7 step guide on how to start doing that:
1. Write down your financial plan. Understand your actual situation and choose realistic goals for future.
2. Take control of your financial situation. Learn how to read and write a financial declaration.
3. It’s important to understand the difference between assets and liabilities. What is cash flow and why it’s so important ?
4. Buy assets first , liabilities second.
5. Start a part time business. This is the best alternative if you are a self employee.
6. Don’t work for money. Put money to work for you. It’s not so hard as it seems to be.
7. Improve your financial and investment knowledge.
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"Twenty years from now you will be more disappointed by the things that you didn't do
than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor.
Catch the trade winds in your sails.
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