Discipline a Key Factor in Financial Freedom when Working by Oneself

When working by oneself – maybe an entrepreneurial venture that you are pursuing, it is of utmost important that you remain focused and disciplined.

I stress on this aspect a lot because unlike in a job where there are many deterrents to slacking – such as a strict boss, when you are work on your own, you are effectively your own boss and not anyone else. So if you do not remain disciplined, there is a good chance that you will never achieve the goals that you set out for yourself.

Take a simple instance where you are indulging in freelance writing for diverse online and offline clients, one of the many quick cash ideas that I have shared. Now, with no one behind your back, there is a good chance that you will end up spending your time online but not really “working”, instead indulging in pastimes such as looking up news sites, checking your Facebook or Twitter account, and so on.

You must understand that doing so will hurt no one else but you yourself; the same time you could use in “working” in the truest sense, you are simply frittering away!! Avoid doing that under all circumstances.

Tips to Avoid Slacking

In order to avoid slacking as I have described above, a great way that I have observed and eventually followed religiously is to cut off all possible distractions. I setup predefined time lines where “work” is the only agenda, with NOTHING else coming in between – no personal phone calls, no personal emails, no opening up sites other than work related, and so on.

Ultimately, I have found that such an approach really pays off very well.

Further, I have also setup my boundaries within the home office environment where during certain predestined time periods I am simply NOT available to anyone else in the household for any personal purpose, unless it is an absolute emergency. I mention this point because a lot of the personal entrepreneurial pursuits take place in a home environment, particularly at the outset, as you maybe building your business plan, researching all the finance options at your disposal, and so on. Under such circumstances, household distractions will only end up proving to be a major deterrent.

Keeping these points in mind, I wish you success in your pursuit for financial freedom; just remember that you will only be able to achieve it if you remain self-disciplined.

With Financial Freedom Comes Independence

I have simply lost count of the number of instances where I have noted couples stuck in relationships which have very clearly lost their sheen completely, purely because of financial compulsions. To cite an instance, a woman in an abusive relationship continues to tolerate her abuser boyfriend / husband, purely because he is the provider, the proverbial bread winner.

This is definitely not how things should be; yet, because the most important element of financial freedom happens to be missing, there is precious little that individuals in such a scenario can do, other than to tolerate all the wrongdoing that is taking place.

The other, more eclectic choice is to ensure financial freedom in such a way that you have your personal independence and therefore do not have to rely on anyone else for day to day existence, especially if that person (or set of persons) happens to be unscrupulous. In that regard, I will even cite the instance of many parents who are clearly not the best for their children, and yet, since the kids do not have financial freedom, they have to keep up with the abuse (or any other offensive behavior) which comes their way.

No doubt, achieving such financial freedom is much easier said than done. And when we are young, and lack both experience as well as qualification, apart from not being as worldly wise as we would be in later years, it is that much harder to ensure financial freedom. Yet, it is not an impossible task either. I would suggest that you look up this page where you can note a number of passive income ideas which I have shared with you. However young, unqualified or inexperienced you might be, there would definitely be ideas on that list that you can actually take up for yourself.

Also remember that a lot of the learning – whether work related or “life” related, comes with time and experience. So you need not always seek out specialized learning, such as the one obtained in a classroom format. Instead, you can simply get on with working on any of the ideas enlisted (or others that you might possibly have in your mind) and go from there to achieve financial freedom, towards the ultimate goal of personal independence.

At the end of the day, you will have only yourself to thank and feel obligated to, for having taken this much needed initiative.

Prudent Finances Key to Meeting Exigencies

Life is no doubt very unpredictable – we often do not know how things will unfurl within a very short span of time.

Given that scenario, it becomes perfunctory that when it comes to personal finances, they are planned and provided for very prudently.

In that regard, augmenting one’s income as well as saving for proverbial rainy days becomes absolutely quintessential.

We mention this particular aspect because as troubling as the trend may be, fact is that millions in America – as indeed in many other parts of the world, are living pay check to pay check. That way they are not providing for exigencies nor saving up for what may be the “sunset years”.

This is clearly not a good sign at all.

I am not saying that you give up enjoying life in the present – after all, each and every day of your life is just as important, whereby it becomes really essential that you live it to the fullest. But at the same time, you also need to ensure that when it comes to unpredictable situations, you are able to cope up with them financially.

Take the case of a sudden death in the family, especially if it is an earning member – no one can predict such an occurrence yet truth is that such things do happen. Likewise, loss of jobs is something we often cannot foresee in advance; company policies change way too often rather unpredictably whereby you might suddenly find yourself jobless, with a mountain of bills to pay and various other financial obligations to meet.

It is in this context that MasterMind University offers a variety of ideas and solutions aimed at making one’s financial life that much easier and comfortable. Using a variety of means at one’s disposal, numerous initiatives can be taken to ensure that when it comes to financial goals and ultimately – financial freedom, it is ensured without a glitch.

In particular, passive income is something which MasterMind University stresses on, offering a variety of ideas for that as can be seen here. As you can note, investment options are at the heart of such passive income options, yet there are many more which can be tapped; existing real estate which can be rented out is an excellent way to earn passive income without “working” in the truest sense…there are many more such possibilities as you think about it!   

Stay Focused - Stay on Course

You take the most flak when you're over the target, as smart people say.

Like I say in the Black Book of the Master Mind, "Be impervious and closed to negative influences."

Be brutally honest with yourself.  Know well credentialed crooks can legally lie.  There is such a thing as a straw man.  Your phony friend might be confronting you through a dupe criminal, or whining behind your back.

I realize its a little scary.

Kill your TV.  Tune out opinion.  Avoid distraction.  Stay focused.  Thought cops are operating in your sacred camp.

"Selfishness" isn't so bad.  Neglect is.

Free Online Education and Instruction

There's a list of free (or nearly free) education sites at this page.

There are other sites listed that don't fall under the same category that wealth seekers will find useful.

Comment below if I missed any.

There are also 3 pages of videos which offer some degree of instruction, but mostly motivation and inspiration.

Click here.

If You Could Effortlessly Save Money, Why Wouldn't You?

You might think it's not possible to save more money every month.
But I'm sure you can.  Why pass up easy or effortless opportunities to save money?
You can do tougher ones for a while to save for a down payment or a baby emergency fund.
There's a list of ideas at this site that will get you started.  I'll add more soon.

Banish All Forms of Acidity and Plan Your Escpae

Banish all forms of acidity.  Except for a cup or two of coffee.  Banish incessant b*tching, unconstructive criticism, and passive aggressive troll “superiors” laying bait, knifing, rumor mongering and wasting your personal time, money, and energy.  Those headaches aren’t worth it.  Use this site to help with your escape. 

www.renegadeuniversity.net