Control Your Finances

Financial Freedom: What is It?

Some people use money as a measuring stick to see if they are ‘Financially Free‘.

If you are working 100 hours per week, commuting for 2 hours a day, and have no time for anything else, you may have a six, multiple six, or even a seven figure income and meet the financial side of the equation…but does that constitute freedom?

Not in my books, anyway.  This is not what constitutes control of your finances OR financial freedom.

You need two things to control your finances…

  1. Control over the management of your money.
  2. Control over your income.

I am not financially free yet… though I am a lot closer than I was just a year ago.  It depends on how hard you work, what skills you learn, who you surround yourself with and listen to, and sometimes even a bit of luck

fortune_ability_7_setps_financial_freedom_hammockI consider Financial Freedom to be a state in which one is able to live how they want and do the things they want to do for the rest of their lives with no worries about how they’ll pay for it because they have enough passive income to make working an optional activity.

That could mean you are traveling the world first class and staying at 5 star resorts between travel on your private jet from one of your homes to the other.

Or it could mean living in a 2 bedroom house in suburbia two doors down the street from your grand kids so you can be there to watch them grow up.

These two scenarios sound vastly different, but let me tell you how they are the same.

Both of these individuals followed the same pathway to reach their goals. They had to take the same steps to get there...and both are financially free. They are doing what they want, where they want, with no worries about money.

Everyone who is financially free follows the same steps. Maybe not in the same order, on the same scale, or in exactly the same way, but they take care of all the same things…and it’s not just the multi-millionaires who follow these steps.  Anyone who is financially stable will have taken care of most of these steps as well.

The most important things is to make sure YOU have them all covered…

The wealthy and financially free have (to different degrees):

These 7 Steps to Financial Freedom

  1. An income to work with…and willingness to work.
  2. A handle on their debt and credit.
  3. Tax planning (Keep as much of your money as you can!)
  4. Asset Protection.
  5. Estate Planning.
  6. The Highest Yielding Wealth Creation Strategies and Opportunities.
  7. Passive income and the mental and physical health to enjoy it.

There you have it, the Steps to Financial Freedom that are followed by the rich and the free, the middle class professional who has managed his finances well enough to be able to retire at 55, and the retiree who thought it was too late……it isn’t.

These steps are what my company teaches in detail in our education packages.

Take a walk through this site. You will find a lot of value here with more added all the time. Then Contact Me to discuss how you can access the same education, expert advice, and opportunities that the ultra wealthy are privy too.

Remember that I DO NOT council anyone on the specifics of their personal financial situation.  I also want you to realize that this is a business.  Advanced material is not free.

You will be able to get some free information through this site and my emails that could change your life for the better…but if you’re like me you’re not looking to make things ‘better’…you’re looking to make things the very best they could possibly be.

Many economists and business people are predicting that within the next one to five years we will see the greatest wealth transfer in history…50 trillions  dollars changing Fortune_Ability_7_steps_Financial_Freedom_Sinai_Sunsethands from the financially illiterate to the financially savvy…and from the salary capped employee to the self made business owner.

I tend to agree that this is a distinct possibility…maybe even a probability.  It seems that the storm has already begun, so it’s just a matter of deciding which side of the transfer you will be on.

Like a good boy scout, I’m prepared for the worst.  I have a flexible business with specific financial and investment strategies.  I have my ‘financial freedom plan’ and I’m getting closer to reaching my goals every day.

…and I’d like to take as many friends with me as I can.

Contact Me for more information regarding The Steps to Financial Freedom.

Roderick MacKenzie
Founder and Owner: FortuneAbility.com