I Tread The Path To Financial Freedom
Darnell Frazier, RFC?, CPRS?, CCFC, CFEI?
The Road to Financial Empowerment: “From Debt to Financial Freedom” | Financial Educator | Financial Coach | Financial Education and Planning Free Resources
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.
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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2 年Very useful post
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
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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
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Self Business Owner
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