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		<title>7 Step guide to financial Prison Break</title>
		<link>http://www.professional-articles.com/2009/11/7-step-guide-to-financial-prison-break/</link>
		<comments>http://www.professional-articles.com/2009/11/7-step-guide-to-financial-prison-break/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 22:23:55 +0000</pubDate>
		<dc:creator>M.T. Floyd</dc:creator>
				<category><![CDATA[Personal Development]]></category>
		<category><![CDATA[7 Step guide to financial Prison Break]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[buy assets first]]></category>
		<category><![CDATA[cash flow]]></category>
		<category><![CDATA[financial advice]]></category>
		<category><![CDATA[financial advisor]]></category>
		<category><![CDATA[financial freedom]]></category>
		<category><![CDATA[financial plan]]></category>
		<category><![CDATA[financial planning]]></category>
		<category><![CDATA[liabilities]]></category>
		<category><![CDATA[principal financial]]></category>

		<guid isPermaLink="false">http://www.professional-articles.com/?p=330</guid>
		<description><![CDATA[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 fix realistic goals for future.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.professional-articles.com/wp-content/uploads/2009/12/prison.jpg"><img class="alignnone size-full wp-image-331" style="margin-right: 100px;" title="7 Step guide to financial Prison Break " src="http://www.professional-articles.com/wp-content/uploads/2009/12/prison.jpg" alt="7 Step guide to financial Prison Break " width="500" height="340" /></a><br />
<small>photo by Martien@Arnhem, Flickr</small></p>
<p>So you want to break out from your financial Prison? Ok, well here is my 7 step guide on how to start doing that:</p>
<p><strong>1.</strong> Write down your <strong>financial plan</strong>. Understand your actual situation and choose realistic goals for future.<br />
<separator><br />
<strong>2.</strong> Take control of your financial situation. Learn how to read and write a financial declaration.</p>
<p><strong>3.</strong> It&#8217;s important to understand the difference between <strong>assets</strong> and <strong>liabilities</strong>. What is <strong>cash flow</strong> and why it&#8217;s so important ?</p>
<p><strong>4.</strong> Buy assets first , liabilities second.</p>
<p><strong>5.</strong> Start a part time business. This is the best alternative if you are a self employee.</p>
<p><strong>6.</strong> Don&#8217;t work for money. Put money to work for you. It&#8217;s not so hard as it seems to be.</p>
<p><strong>7.</strong> Improve your financial and investment knowledge.</separator></p>

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