The best feeling to start the Week with - "YES, WE ARE DEBT FREE!" #MondayMotivation #FinancialFreedom @anjaldeol #03092018
The goal was set in 2014 with a deadline as 2020 and we achieved it full 2 years ahead of time!
It wasn't easy, but not difficult too.
Want to put down 10 things which helped us achieve #FinancialFreedom in this thread.
It wasn't easy, but not difficult too.
Want to put down 10 things which helped us achieve #FinancialFreedom in this thread.
1. Planning and saving for each of the short, Medium and Long term goals.
2. Save more and keep it aside for Debt/Loan repayment.
3. Minimalistic life style by considering Experiences over ownership.
4. Strict No to Credit cards and to Never spend more than the means.
2. Save more and keep it aside for Debt/Loan repayment.
3. Minimalistic life style by considering Experiences over ownership.
4. Strict No to Credit cards and to Never spend more than the means.
5. Learning about Long term investment and Compounding.
6. Close off unnecessary Insurance (especially LIC) and other recurring expenses.
7. Review and Replan the Financial goals and targets on monthly basis
8. Write down every monthly expense and avoid any which are not needed.
6. Close off unnecessary Insurance (especially LIC) and other recurring expenses.
7. Review and Replan the Financial goals and targets on monthly basis
8. Write down every monthly expense and avoid any which are not needed.
9. Talk to a Common Person who had already achieved it and learn for their experience.
10. Work towards only one target "to be Debt Free"
#FinancialFreedom
10. Work towards only one target "to be Debt Free"
#FinancialFreedom
Adding an old thread for people who are starting out on this path.
Done ✔️ 
