The Attraction Factor for Financial Freedom

How do you go about attracting Financial Freedom within your life? With this post, I hope to clear up a few misconceptions of readily accepting the notion of Financial Freedom into your life and finally becoming Debt Free.

If someone came up to you on the street and asked you what you thought was most attractive about wealthy, what answer would you have? Many people have ideas of what they think the best part of being wealthy would be, but there is one Financial Freedom attraction that stands out among all the rest. That attraction is that little part about freedom. The freedom to be able to do what you like without worry of money. The freedom of being able to lie down at night and have no worry about bills. The freedom of being able to take your family to dinner and out to a movie on the weekends without it breaking you.

The big question is how do you attain that kind of financial freedom? Especially if you are in serious debt and owe everybody and their brother some amount of money with interest? While it may be hard, you can do it. Many other people already have and so can you.

Those credit bills always carry a huge interest fee on them. When you pay the minimum balance, you are doing nothing more than lining the pockets of someone else and keeping yourself in the same amount of debt. That minimum payment doesn’t even touch your actual balance, but only pays the interest. If your bill has a revolving rate, this could spell real long term aggravating debt. Pay more than just the minimum payment to make a real dent in those credit bills.

You are probably wondering how in the world you could do that when you are barely able to pay the minimum payment. There is a way. You have the extra money and may not realize it. You are going to need to sit down and make a budget. Keep up with every receipt you have for everything, no matter what it is. At the end of one month, add those receipts up and see just how much you may be spending on a lot of things that you could have done without. This is the extra bit you need to apply to those credit bills.

Living with only what you have to have is not as bad as it sounds. Just imagine living even without the very basic things to survive and you will see that you are lucky if you have a roof over your head and food to eat. Keep this attitude and count your blessing because when you cut back and get down to the nitty gritty of getting out of debt, you are getting closer and closer to knowing how that Financial Freedom attraction is going to feel.

Are you ready to make the changes to be able to enjoy the rest of your life without always stressing out over money? Then get on the stick and start cutting out spending that you don’t need and start putting more on those payments. Start thinking positive about what is going to be like to live with the Financial Freedom attraction that you have always dreamed about.

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Category: Financial freedom, Financially Elite Blog

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