Financial Freedom Formula : Getting Started
Last week, I wrote a series of post about the Formula to be financial free And I also promised that I will make a series of post to give you tutorial on the formula. However the first thing I want to touch here is the first step.
The first step of journey to financial freedom is very important. How you start and concentrate will lead you to different destination and results.
There are a lot of thing to do but what should we do first? This is the subject we need to sit down and think about. Anyway I do have something to suggest. How about we start by paying attention on our CREDIT?
Credit is important to everyone of us. It can affect our life! At least it will affect the my financial free formula. The last part of the formula is Investing. Most of the time our credit will involve in investment. For example, if we want to invest in real estate, do you think we can do it if our credit is bad? No bank will give you a mortgage because of your bad credit and I don’t think you can buy a house with cash with a bad credit.
So the first thing we should pay attention on is our Credit. The good news is the first 2 parts of the formula will help you to gain credit if you know how to play the games. Use budget to build a money management system then control your debt and finally increase your credit. The idea is simple, but it depends on your action!