As I said earlier, the first step towards financial independence is to start saving 10 percent of your earnings. Set up an account somewhere where you don't touch it and never plan on touching it. The second thing is to become a student of money.
Now, being a student of money would begin with being a student of how to make money in your own business - whatever that business is. Even if you work for somebody else, there are ways to succeed, there is knowledge to be gained which will bring you future economic benefits - whether its promotions, bonuses, more sales, whatever.
At a recent seminar, the speaker said that the first step toward financial success was to "murder your television" - and he made that same point several times. How much TV are you watching every day? The national household average in America is 8 hours!
Start by keeping detailed TV viewing log for a few weeks and once you know how many hours you yourself are averaging daily, resolve to spend half of that time becoming a student of money, instead.
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Financial Planning, Retirement Planning, Investmenting & Insurance.
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