How to create independence.

CREATING INDEPENDENCE;

While getting money thru inheritances is nice it is seldom that most of us will inherit a big steak, but it is documented that eighty percent of wealth was earned through jobs, small business and investments.

These behaviors are linked to greater wealth potential for people of all ages.

Their are four key traits to making money;

1.Frugality;
 This doesn't mean you have to be a cheapskate, but it does help, but what it mean is to look for ways that you can trim the fat off the way you spend and the fee's you pay to use your own money. Like instead of paying your bank a monthly account handling fee, look for a institution that has zero fee with direct deposit and channel the money you save into a savings account. Or instead of buying that latte look for a cheaper brand with the same or as good a quality and throw the difference into a money change bottle, when it gets full deposit it in the bank you will be surprised at how fast that pocket change can add up.Before making any big ticket purchase make sure to shop around, ask question talk to people who are knowledgeable in that industry, not just your family members, they call this performing your "due diligence",it can save you a lot of headaches and money.

2.Confidence;
 Performing the first task will give you the facts you need to move forward with assurance that you know you have knowledge to make good decisions, this will grow your confidence in your decision making process's to making money.

3.Responsibility;
 Remember that no matter what, whether you succeed or fail the buck stops with you. It is your money so it is in your best interest to be responsible and keep your feet on the ground especially as your funds begin to grow and you become more abundant. Normally this is when people become over confidant and make mistakes in their finances.

4. Social indifference,IE the strength to avoid throwing money at fads;
 Social indifference does not mean to walk around dressed twenty years in the past, what it doe's mean is not following the crowds spending money on item that have no substance and is over priced that will out dated withing six months to a year when the next thing comes along. Of course everyone like nice things but before you spend that hard earned money ask yourself a few questions

A.Do I really need this?
B.Will this thing last and is it worth the money?
c.How will this item help me improve and advance my circumstance's?

Taking small step can propel you forward a great deal.

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