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Why Financial Freedom?
By: Abel Cheng
Have you ever thought
about this question:
"Why do you want to achieve financial
I know it's an obvious question. But many of us never think
about this question even though you are clear that you want to achieve
As for me, why I want to achieve financial freedom?
Because financial freedom gives me the power to:
- do what I really
- get out of rat race.
- not to worry about money.
more time with my wife and family.
- go to gym and work out more often.
- have more free time.
- live the lifestyle I wish.
- go on vacation as
long as I want.
- socialize with friends and relatives.
Before you start taking any steps to be financially free, sit
down and figure out your own 'why'.
Your 'why' might not be identical to
what I have here. But it's fine as long as you have your own list.
you realize that you are able to do all the things that you want to do, isn't
You must know the 'why' first and the 'how' part becomes
easy. Most of us are very busy with our lives but we do not know why we are so
You must regularly ask yourself why you are doing something. Is
what you are doing now important for you to achieve your 'why'? If you do this,
you become more focus and the 'why' will keep you motivated and keep you
Whenever I feel down or my plans did not go as I wanted, I will
always refer to my 'why' list. The list gives me strength not to give
Now, you have done with your 'why' list.
step is to take a personal inventory of you. You have to know where you are now
before you go somewhere.
To simplify your job, there is an e-book called
"Benchmark" that can assist you to take inventory of yourself. It's a great
tool that helps you in determining where you are and where you want to go, in
every aspect of your life. It's a 10-page e-book in PDF format. Please note
that it might take a while to download but it's worth the effort. You can get a
copy of this e-book at this URL:
a great experience doing this exercise. This simple exercise not only allows
you to step back but also to make sure that you are in the right direction.
After the exercise, if you realize that you are in the wrong direction, make
corrections to go back on track.
Having completed your 'why' list and
personal inventory, you've laid the groundwork for success.
Abel Cheng offers small and
medium enterprises exclusive global profits insider tips in his free
publication, Abel Cheng's Business Diary. To officiate a bi-weekly
subscription, please go to
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