Here are the top 5 ways to become debt free.
1. Don't borrow money : once you borrow it. You become slave to the lender.
2. Make a plan : make a plan and stick to it. Don't overspend.
3. Side hustle : if your current job isn't paying you enough then start a side hustle.
4. Learn finances : learn how tax works, learn your spending habits so that you can control while spending.
5. FK credit card : know cash is king. Don't put everything over EMI.
Let us know your thoughts on this. If you have any other opinions.
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability. --Henry Ford
2 418 minutes ago
Q: When do I know I still should work as employee or start a business?
A: Do you learn anything from your current work?
What you do today, does it stretch you in every way?
Do you feel like you work more than you are paid for?
Have you saved yourself 100-200milllion worth of saving?
If your asnwer is all a YES, means you are ready to move to the next stage to become an Entrepreneur. If you are able to keep some savings, big chance you are already able to lead yourself, know where to seek for help, manage your own time, and manage your own income vs expenses.
If one answer is a NOT YET, big chance you have not really given your best shot, treat your work like you were the owner, think like your boss would think, and act humble to seek help when needed.
Age 20-27ish best time to absorb, learn and equip yourself from the best of the best. It's not about how *early* you start, but how *Strong* you finish your race.
Day 1 down with lots of amazing clients and the hubby came in huge by driving over to bring the couch, hang all the wall art, and take me to dinner between clients. The common theme of the meetings today is clients so thankful they started early and did what they could to set funds aside. Even if it’s sacrificing one meal out or a coffee from Starbucks, setting $50 aside can add up to over $50k in 30 years. What would you give up to have peace of mind later? #giveandtake#savings#investing#investment#womenandwealth#entrepreneur#smallbusiness#familybusiness#financialadvisor
❗ If you’ve been a freelancer, contractor, consultant, or biz owner for a while, you know that your taxes work, well, a little differently. If you’re just starting, here’s the low down ➡️ your taxes won’t be withheld from your paychecks; you’ll have to pay estimated taxes instead. 💰📬 Normally, estimated taxes are paid quarterly and have to be “postmarked” or electronically paid on or before April 15th, June 15th, Sep 15th, and Jan 15th. 📅⠀
💻 (If you want to pay electronically, go to www.irs.gov/payments.)⠀
📝 Note that while “quarterly” means every three months, it’s not 🚫 the 3rd, 6th, 9th, and 12th month of the year. It’s the 4th, 6th, 9th, and 1st month of the following year 📅. Weird, right??⠀
❓ So, how much do you pay each quarter? It depends on a lot of things, but mainly how much you make. Join our Facebook group for exact numbers and for our help calculating how much YOU'LL owe. Link in profile! Just remember this ➡️ as a contractor, consultant, biz owner, etc. YOU are the employee AND the employer, so therefore, you pay double for payroll taxes. Yeah, we know it stinks. 👎 Luckily, we’ll be sharing tips for how to prepare for these quarterly taxes tomorrow, so stay tuned! And at the end of the day, quarterly taxes shouldn't intimidate you from working for yourself and doing what you love. 👊 So join our Facebook group for more details and SHARE BELOW if you just paid your Q3 taxes! 💸⠀⠀
Love flairtending? Join a FB group page about it. Enthusiastic about triathlon? Enroll at the city’s CrossFit gym. Having creative outlets while working in the corporate world makes you healthier. It helps prospecting easier too! Hope this post gives you fresh leads, Closers! More of the Selling lifestyle on the blog link here @johndappercloser. #CloseOnSpot#Prospecting
Sakit parah tidak memandang usia,jabatan,jenis kelamin dan status sosial.
Bukti claim seorang anak yg terkena sakit Kawasaki di bayar oleh Prudential hingga 287juta. Masih berani bilang tidak perlu asuransi di waktu muda ????
Salam sejahtera dan salam berasuransi.
This group of people is focused on changing the world. Some people reading this are extremely successful, and yet, they still follow popular techniques! I applaud this group for swimming up stream and teaching how wealth truly works. This group will change the world. #financialfreedom#financialadvisor#retirementplanning#cashflow#401k
0 142 hours ago
We can have as many incomes as we want but make sure to build in the right ways💯
Tag someone to remind👇
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A large component of your credit score--30 percent-- is based on how much of your available credit you’re using (also known as credit utilization). The higher your utilization, or closer your utilization is to your credit limit, the more you hurt your score. •
Maxed out credit cards could lead to mortgage loan denials, car loan denials, and credit card denials. Banks/creditors/lenders take high card balances as a sign that you have more debt than you can handle. A maxed out credit card is not very beneficial for the health of your credit profiles. •
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Sorry about a slightly longer video guys but you all know how passionate I am to the point I can’t shut up.
So how financially literate are you?
Answer these questions honestly: 0. Are you doing anything to get rid of your mortgage sooner?
0. Do you have a retirement or financial plan?
0. Do you save 10% of your income? 0. Do you live below the means? 0. Do you invest your money?
If the answer is no to any of these questions then you can definitely improve on financial literacy. Financial literacy is a skill and it’s not about knowing how to do things. We all “know and understand” but we don’t do. You must practice it on a regular basis.
Have realistic expectations ie. you don’t have to become Warren Buffet by the end of the year. Most people will overestimate what they can do in 12 months but will hugely underestimate what they can achieve in 5 years. #financialliteracy#financialadvisor#financialcoaching#investments#payyourselffirst#aucklandbusiness#aucklandproperty#propertynz#propertyinvestmentnz
Listen, It's not often that I don't step out of the house at ALL but a few weekends back was a lock-in weekend. I had so much work to do, and my budget was tight, so I decided I wasn't going anywhere. I took the time to enjoy my home, and I ate the food in the fridge/freezer. I used the internet and electric that I pay for monthly and even turn the temperature down a bit .
I worked, I napped, I cleaned up, I Netflixed, I read, and I surf the web too lol. I also rested my body as it was sore and seemed a little banged up. It was a great weekend.
What I realized after that weekend was that by simply staying home, I saved so much money, time, and energy. Money that would have been spent somewhere, Gas that would have been consumed, time that would have been wasted, and energy that also would have been used up. I started off Monday with extra money in the bank, body healed, work done, and energy levels on high. It was a great start to the week and a great weekend to recharge all the way around. #paychecks2power
164 2,70815 September, 2019
The way this life is set up on the earth, you have to work consistently and for an extended period to get the results you desire. Don't believe me? Look at farming. A farmer has to do a lot of work before they can reap the benefits of the harvest. Famers have to prep the land. Plant the seeds, water and protect the seeds, water and protect the plants once they sprout, protect the fruit/veggies until they mature, and finally harvesting them. Depending on the produce being farmed, it can take more than a couple months of continuous work to finally get results. Farming is one of the most significant examples that I use when I am starting any project because it helps me remember nature's process.
I know so many that have aspirations to get in shape, eliminate their debt, improving their financial circumstance, or another area of their life. Yet they decide never to take action. We, humans, love the results that discipline and commitment bring to the lives of others, but it's tough for people to do the work necessary for themselves to achieve similar results. Why is that?
What is holding us back from achieving our greatness? What is holding us back from truly living our best lives financially, physically, relationally, spiritually, emotionally, socially, etc.? Interested in hearing your thoughts. #paychecks2power
134 2,24911 September, 2019
I was recently listening to @GrantCardone, and he said, no one knew when he became a millionaire because nothing changed. He then proceeded to state the quote above.
People don't realize the sacrifice that is required to become a millionaire. It indeed requires you to humble your lifestyle for a while before you can start buying toys and really upgrading your life. It requires you to live on less than you earn. It requires you to stay the same for a minute. By definition, a millionnaire is someone with a net worth of $1 million or more. So if you make it there and start balling out, it's only a matter of time before net worth drops below $1 million. But in all honesty, most don't make it because they are balling out along the journey.
Keep your lifestyle simple! Don't upgrade your life as your income upgrades. Have some humility in your finances. Real power is knowing you can flex, but you choose not to for the sake of your future. #Paychecks2Power
128 2,3666 September, 2019
That is one of the reasons why I got out of debt. Debt and struggle was not a tradition that I wanted to pass on to my kids. Since they are not here yet they will never see their parents in debt and experience growing up with debt for it to become normal.
𝐘𝐨𝐮 𝐡𝐚𝐯𝐞 𝐩𝐞𝐫𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐭𝐨 𝐝𝐫𝐨𝐩 𝐛𝐚𝐝 𝐭𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐚𝐝𝐝 𝐩𝐡𝐞𝐧𝐨𝐦𝐞𝐧𝐚𝐥 𝐨𝐧𝐞𝐬 😎. Tag someone who needs to read this. #Paychecks2Power