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Financial Freedom, like salvation, is available for any and everyone. However, even though you have access to it, there are principles or “commandments” that should be obeyed.
So, here are “10 Commandments for Financial Freedom.”
COMMANDMENT I: THOU SHALL MAKE IT A LIFESTYLE CHANGE!
Diets are meant to be temporary; and if you can’t sustain it, old behaviors may return. Make positive financial changes that can be easy to incorporate in your “Lifestyle” and can be maintained over time to improve and enhance your financial situation.
COMMANDMENT II: THOU SHALL GET ORGANIZED
Get all of your financial statements and bills organized. This will be helpful when building and updating your spending plan (aka a budget).
COMMANDMENT III: THOU SHALL START SMALL
Every little bit counts with building savings. Start with a small savings goal and build up over time.
COMMANDMENT IV: THOU SHALL SAVE!
Saving is the key. Not just saving from your income. Find bargains and your control spending. Whatever you do, save as much as you can by reducing how much you spend.
COMMANDMENT V: THOU SHALL DELAY LARGE PURCHASES
Before deciding to make a large purchase, give yourself a few days to think about the purchase or find a cheaper price. Because buyer’s remorse is a pain in the …. (you know what)!
COMMANDMENT VI: THOU SHALL PAY BILLS ON TIME
Structuring when your bill payments are due will help you comply and regulate your spending plan (aka budget).
COMMANDMENT VII: THOU SHALL LEAVE CREDIT CARDS AT HOME
Use cash as much as possible! This will help you take control of compulsive spending and avoid adding on to existing debt.
COMMANDMENT VIII: THOU SHALL NEVER FEEL DEPRIVED
Depriving yourself may lead to splurging. Moderation is key.
COMMANDMENT IX: THOU SHALL TREAT YOURSELF
Do something small and frequent to treat yourself for keeping up with you spending plan (aka budget) and the goals you set for yourself.
COMMANDMENT X: THOU SHALL BE CONTENT
One of life’s greatest pleasures is to be content with what you have. It is good to desire more to drive you towards your goals and plans, but being content makes the journey more pleasurable.
Comply with the commandments set forth and enjoy the Financial Freedom you deserve!
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