I Tread The Path To Financial Freedom

I Tread The Path To Financial Freedom

One of my main goals in life is to achieve financial freedom. I excitedly look forward?to the day when I have all my finances?under complete control.

Each day brings a new opportunity to?make responsible decisions about money.?I treat financial wellness with the same?importance as other daily priorities. I?structure cues to remind myself that I am?committed to being a wise spender and?saver.

My primary cue is to weigh whether something is a want or need. Then, before?spending a cent, I ask myself questions?about the purpose of the purchase.

When I determine something is a want,?I avoid making the purchase. I know that it?is important to make myself happy. But I?also know that something for my happiness?still has the same effect when I purchase it?later.

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I am also committed to only acquiring?what I can buy with cash. The?credit monster is my greatest foe. I avoid using credit cards when I am unable to?repay them.

I ensure I clear my debt monthly to?maintain a good credit score. This?approach makes me eligible for significant?facilities like a mortgage or my kids'?education.

Today, I acknowledge that the path to?financial freedom is sometimes challenging.?But I am dedicated to keeping it as smooth?as possible. My strategies for staying on the?right side of debt are effective enough to?guide me.

Self-Reflection Questions:

1. How do I convince myself to avoid?making emotional purchases?

2. How do I get back on track when I lose?my financial wellness bearings?

3. What are some strategies I can use for?clearing old debt?


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Ali Ibrahim

Illinois State University, a NCAA Division I institution, member of the Missouri Valley Conference invites applications for the position of Graduate Assistant for Redbird Productions within the department of Athletics.

2 年

Very useful post

AKEEM OLUWANISOLA IBRAHIM

ForbesBLK Member|Real Estate Professional |Wealth Creation Advocate| Business Development Advocate, I help Nigerians Home and Abroad to Secure Profitable and Safe Real Estate Investments

2 年

The content is valuable

AKEEM OLUWANISOLA IBRAHIM

ForbesBLK Member|Real Estate Professional |Wealth Creation Advocate| Business Development Advocate, I help Nigerians Home and Abroad to Secure Profitable and Safe Real Estate Investments

2 年

Thanks for sharing this amazing content

Abdul Shakoor

Self Business Owner

2 年

Thanks for sharing

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