10/01/2013

7 Ways Financial Freedom

One goal that all people have in common is to make more money and improve personal finances. We all want to have enough money, so that we never have to worry about it again. We all long for financial freedom.
 Fortunately nowadays, more and more people are achieving it faster because of careful planning. You can become one of them too, if you want. Just ask yourself this question first: “Are you willing to do it or not?” To help you achieve that financial freedom, here is a seven-point formula that has been taught to countless people. It is based around the fact that it’s possible for a person to increase his/her productivity, performance, and output by half a percent (0.5%) each week. That percentage can be achieved by doing something simple, such as setting better priorities each day. Just imagine – if you consistently achieve that increase for four weeks in a row, you will be two percent (2%) more productive than you were when you started. So here they are: 

 1. The Golden Hour 

 Every morning, get up two hours before you have to be at work or at your first appointment. Invest the first hour in yourself. That first hour, which is called “The Golden Hour”, serves as your rudder. It sets the direction and tone for everything that happens for the rest of your day. Let’s say you read for an hour each morning – that will roughly translate to one book in a week. In a year, you would have read around 50 books. The act itself of reading one hour every single day will enable you to increase your productivity, performance, and output by half a percent each week. 

2. Rewrite your Major Goals for Financial Freedom 

For five to ten minutes each morning, rewrite and review your goals. Think of how you could accomplish them before you start your day. Doing so will increase your productivity, performance and output by half a percent per week. That will accumulate to 2 percent per month, and about 26 percent in a year. 

3. Plan Every Day in Advance 

 The third formula is for you to plan each day in advance. The best time to do this is the night before. Aside from making you sharper and more precise at everything you do, it will empower you with better focus and greater sense of self-control. On the first day alone, your efficiency will increase twenty-five percent! 

4. The Principle of Concentration 

 Concentrate on the most valuable use of your time. Do this every hour of every day, because it is absolutely essential to achieving financial freedom. Determine one or two things that require your full concentration. Your ability to develop this habit will probably do more to ensure success in your personal finances than any other skill or habit. 

 5. Make Programs to Make More Money

 Keep develop some programs when you’re in free time. Doing so could make you one of the most knowledgeable and most skilled people in your profession by reading or join workshop. Thousands of people have already learned to make more money by doing so, while they drove around, so there’s no reason why the same can’t apply to you. The act itself can give you an increase of one half percent per week in your productivity, performance, and output. 

 6. Power of Questions 

There are two “Power of Questions” that you should ask yourself after every meeting or important event in your life: “What did I do right?” and “What would I do differently next time?” The answers to both of these questions will have a positive effect on you. If you review your performance immediately after each meeting, transaction, or presentation, you’ll become better and faster at it because your mind will be programmed with a predisposition to perform better next time. So take a few minutes each time to write down the answers to those questions. You’ll eventually see that you’ve already doubled or tripled the speed at which you learn, grow, and improve in your work. 

7. Try To Appreciate 

 Last but not least, is to treat every single person you meet (at home or at work) like a million-dollar customer. Since everybody believes that he or she is the most important person in the world, recognizing and acknowledging them as if they were would gain you their appreciation. With the seven-point formula you can become financially independent, if not a self-made millionaire in the years ahead - by setting financial freedom and accumulation of personal finances as your goals, and implementing proper financial planning to get increasingly better at what you do and to save more of what you earn. 



Business
LA Portalen

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