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How To Attain Financial Freedom - Business - Nairaland

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Do You Want To Attain Financial Independence? Here Are Practical Steps / How To Attain Financial Freedom: Avoiding Impulse Spending / How To Attain Financial Freedom (2) (3) (4)

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How To Attain Financial Freedom by samsubo(m): 1:59pm On Dec 08, 2009
Financial freedom comes to the person who saves ten percent or more of his income throughout his lifetime.
One of the smartest things that you can do is to develop the habit of saving part of your income. Savings today are what guarantee the security and the possibilities of tomorrow.

Begin today to save ten percent of your income. This is your fund for long term financial accumulation and you never use it for any other reason than for investment.
Many people start by saving ten percent of their income and then move to saving fifteen percent, twenty percent and even more. And their financial life change as a result. So will yours.

If you are in debt and ten percent is too much for you, start by saving one percent of your income and living on the other ninety-nine percent. When you become comfortable living on ninety-nine percent, increase your saving rate to two percent. Overtime, work the rate up to ten, fifteen and even twenty percent.
Re: How To Attain Financial Freedom by Kafin(m): 2:14pm On Dec 08, 2009
@ Samsubo,

Do you remember posting this:
To become rich, you must become a master of recognizing people’s needs and desires, and of finding ways to satisfy them. If you can constantly do that quicker, cheaper, better, more conveniently, with more trustworthiness and honesty than anyone else, you can’t help but make lot of money.

"The saver" will most likely lose his savings when the time comes to invest, while the person who have started small will have acquired a lot of experiense and should be growing.

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