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Tuesday, 26 June 2012

What Does Financial Freedom Mean

By Gnifrus Urquart


What does financial freedom mean to you? Some may say it means so much more to them because they may be paying a lot of bills through their whole life. Although a lot of people will be paying bills for their whole lives and still feel like they do not own enough to make them happy.

Some people choose to file bankruptcy while others may only buy things they can pay for outright. This is always a good thing so you do not have to worry about paying a lot of bills your whole life. Although, if you do plan to live on your own you will always have bills because you will have to have an electric, water and gas bills. Also maybe rent or car insurance bill.

Being free of bills completely does not usually happen for many people that have gotten themselves into a lot of debt unless they file for bankruptcy. Filing for bankruptcy isn't usually the easiest thing because you will have to go to a lawyer and pay them at least a thousand dollars or more to file for you. The prices depends on the area you live and the lawyer.

Money usually burns a hole in everyone's pocket because they have a desire to own things and spend money. Sometimes it is nice to be able to manage money and in turn do things that are a little more fun. For instance buying that outfit may not be as important as passing up a few more outfits and going on vacation instead.

Obtaining financial freedom is easy if you start out being careful with your money. This means not getting more bills than you can pay. Making sure you pay everything as soon as possible if not on time. And also making sure you buy generic things instead of higher priced things. This will help you in having more money to keep up with your bills.

Many people do not realize how much money they could save by getting cheaper things, paying the bill on time so they do not get late charges and also managing their money a whole lot better. It is easy to spend money but it is hard for most people to keep it.

A lot of people end up filing for bankruptcy due to the fact that they enjoy living nicely and sometimes they can not afford how nice they want to live. This is usually not a good thing to file for because it could mess up getting things in the future. You should make sure to start out slow when you are starting out on your own and try to save money and buy things outright. This is always a good thing to keep you from owing so much money.




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