How to Start Down the Road to Financial Freedom
Photo by Luz V. For beginners it may seem hard to even envision themselves as being truly financially free, financially stable or even debt free. But it is possible, and there are definite steps to take to achieve this freedom. The process of starting down the road to financial freedom can be undertaken in three steps: making a commitment and setting your mindset, instilling yourself with a feeling of conviction, and finally undertaking bold action in the face of uncertainty.
It starts with a mindset
The most important step on the road to financial freedom is to decide to be free. You must make the decision, make a commitment and essentially convince yourself that this is what you want. Write it down. Writing things down has an immense power. It can be a simple sentence such as: “I am financially free right now.” It doesn’t need to be complicated, but make sure it is written in the present and not in the future, since you don’t want to be chasing the idea of financial stability forever, you want to have it right away.
Why did I say you needed to convince yourself that financial prosperity is really what you wanted? Because it’s really easy for us to get stuck in our old patterns and habits. It takes 21 days to create a new habit, but far longer to undo an old habit. Most of us today were raised in a way that made money and those who had it look evil. These feelings are still around us today, whether we like it or not. When you hear someone saying words like “fat cat” or “filthy rich” you subconsciously associate money or rich people with a negative afterthought. So yes, you will need to convince yourself that money is a good thing and that you do want to have it and that there is nothing bad with being a wealthy person.
So what is the mindset of financial abundance? It is a mindset of abundance, that there will always be enough for everyone and there is enough money for everyone in this world. Did you know that if we spread all the money in this world equally among all the planet’s inhabitants everyone would be a millionaire? That means we definitely have enough for everyone on this planet, and the reason some people have money and others don’t is about who has the mindset for money. So start cultivating a wealth positive mindset, tell yourself that you love having money, spending money, earning money, winning money, giving money, and sharing money.
Followed by a feeling of knowingness
The next step on the road to financial freedom is to start feeling like that financially free person! How would you feel if you were billionaire? Would you spend less time criticizing yourself? Would you spend more time on your personal growth or helping others on their own journeys? Would you have a constant feeling of joy, of love for the planet, or would you be constantly fulfilled no matter what you did? One thing is for sure, you would love the feeling of freedom that you have deep within yourself. Start feeling that right now! Most people want money to feel secure, safe and free to do as they please. So why not cut out the middle man and have all of these great feelings right now? Before you know it, while experiencing these great feelings, you will be attracting your financial freedom magnetically.
Another important piece of the feeling step is to develop a conviction that you have already achieved this financial freedom. It may seem hard to convince yourself that you are already wealthy and happy if your outside circumstances seem to say otherwise. But spend at least 10 minutes each day feeling what it is like to be free, to be fulfilled and full of joy right now. Try to keep this energy going for the rest of your day and allow yourself to experience this state often and pretty soon it will become a part of who you are. Cultivating a feeling of knowing that you are always taken care of, secure, safe, loved, in good hands and surrounded by great people is going to change your outlook on life and help you make better decisions and ultimately change the course of your life. This in turn will lead to more opportunities and ideas for bringing in more money and sharing in the wealth of the planet.
Leading to bold action
The final step to achieving financial freedom is to take action. Although the first two steps might have seemed hard to do and to be consistent with, the real magic happens with taking action. This does not mean that the first two steps are not important, because they most definitely are. But the action is where you put your intention out there to the Universe that you really are serious about your desires. So what do I mean by action? Action can be anything from accepting a ride from a friend instead of taking a cab, to investing in a stock you have been researching, to starting a new business. The actions will depend on your personality and your life experiences, but it doesn’t really matter what they are, as long as you do them with confidence and get started.
General George S. Patton, JR. Said “A good plan violently executed now is better than a perfect plan next week.”
I believe this means that we need to get down to business and to act now. Everyone tries to be perfect, to come up with the best plan, to out think the competitors, to research all the possibilities and the alternative and back up plans. But while you are busy trying to research and plan, you are wasting precious time to act. Taking action is great because it will give you the most bang for your buck: it will give you results. If you acted on a plan that wasn’t perfect, that’s all right, at least now you know the plan is not perfect, so you can change it and continue to try new things. It is only by consistently taking action, trying things, putting yourself out there and yes, even by making mistakes, that you will learn what works and what doesn’t work.
If you want to start your own business, go ahead. Start with something inexpensive, work at it, take action, set goals and go for them. But do not spend all of your energy on the upfront stuff, get down to business and make things happen. If the business is a flop, you haven’t wasted a lot of time or energy and hopefully money either, and it is time for you to either refine the business ideas, or start something new and different. A lot of successful people have used this model of trial and error and have had great outcomes. Look at Bill Gates and Steve Jobs for examples.
So get brainstorming, talk to people, try different ideas and get yourself on your way to financial freedom!
Action Item Summary
- Cultivate a wealth mindset and write down how financially free you are right now.
- Develop a feeling of freedom knowing that this financial freedom is yours already.
- Take bold action, take action now and see where it takes you.
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October 8, 2008 at 5:39 am
[...] not all about working nine to five, and you begin a quest for more? You learn about attitude. You ...