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Financial Planning and Debt Planning
- How to Plan a Successful Life
- Narrado por: Erich Bailey
- Duración: 3 h y 23 m
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Financial Planning and Debt Planning
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Grandes primeros Títulos
Resumen del Editor
This book carefully details how you can use your finances to become happy and prosperous in what you do. We will look at what it entails to have financial prosperity and freedom.
Many people wish they could:
- Make a lot of money
- Pay off debts
- Go on vacation
- Buy some good staff
- Own or rent a home
What is financial prosperity? How do you know you are living in financial prosperity? What makes you successful in your finances? Are financial prosperity and financial freedom the same?
All these are very important questions you need to answer as an individual before you say you have financial prosperity. Truth be told, the standard definition of financial prosperity and financial freedom across the board has nothing to do with how much money you earn or how much is in your bank or how much you spend. Now, let us define financial freedom, then define financial prosperity.
Financial freedom is the ability of an individual to take charge of his or her finances. Ask yourself if your money is controlling you or are you controlling your money. If you are the one controlling your finances, then you have financial freedom. If your finances are controlling you, then you need to think. For example, an individual might be getting $100, and that person has financial freedom, but the one who earns $1,000 has no financial freedom.
Financial prosperity is the ability of an individual to live within their financial capability. This means that you can comfortably live within your financial capability. Do you tend to overspend and end up with a lot of frustrations? Then you don’t have financial prosperity. As I said, the standard definition has nothing to do with the income that one earns.
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