Instead of looking for easy gains or quick fixes, be prepared to put in some time
3 min read
“Someone’s sitting in the shade today because someone planted a tree a long time ago.” ~ Warren Buffett By the same token, delaying a non-essential purchase and seeing your invested savings compound over time earns you the long-term reward of financial freedom. Reviewing your progress regularly, including identifying any setbacks and celebrating goals achieved, will help keep you motivated and on course.in the right things are great goals that every family can benefit from, no matter what age their members are at, or what assets they hold.
Financial freedom is a function of adequate cash flow. A good practice is to monitor sources of income and expenses. Share with your loved ones what money has provided for your family. Be specific: for example, say what you saved and invested every month, detail the time it took to grow your wealth and the steps taken to achieve it, whether that is for a comfortable retirement fund or the ability to help a loved one buy a home or start a business.
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