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I did that in a year. But the world is very real, no free lunch. Do your homework and work hard at initial stage, then gradually move to work smart. I found most ppl can't succeed 98% is due to laziness. Most ppl hope to go through a shortcut. Hope to find a goldmine. Most of the time are you spending on building website, promotion etc or just surfing net, reading material, ebook, social network or chating? You better know your answer else 10 years down the road, you still surfing, reading, chating and nothing being done. Just read through the posting by some successfully members here it's more than enough to let you achieve financial freedom. Hoping to suddenly found something that make you rich by doing nothing, buy a lottery better. There are plenty of free ebooks, blogs and knowledge everywhere. Simply pick one and work hard. I am sure 99% you will achieve something. 1% is you really damp bad luck.
I have a friend started his internet business 5 yrs ago, long before me but always look for easy way out, till now still a loser. This is so true for many many of those out there. Ai...... ![]() |
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Frastrated? yeah a bit. Coz everyone around me is asking the same question = What is the secret? There is already a lot of study material (so called goldmine) around. Just ppl don't want to practice coz it's time-consuming, need hardwork, boring coding etc. It's not that no one teach how to bla bla bla. Each month plenty of so called guru share or sell their experience and product to the market. To me, all these are practical. Just pick one and do your homework.
I notice I use a lot of "you", no offend. Just like talking, don't know should use which "you, someone, many ppl etc" to address the audience. My post is general. Quote:
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financial freedom are depend on how ur lifestyle judge.
1 question you can ask your self, if now you broke your 2 hand and 2 leg, how long you can survive? if your answer if until the end your your life, then you are financial free. i probably can survive for 5 year , but may be a millionaire not even can survive for 3 year...
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I Blog my IT Engineer LIFE at iCalvyn.com |
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To me, the basic criteria of financial freedom must met these few points:
1) Debt Free (fully settle all loans) 2) with essential assets (House + Car) 3) Saving that can sustain a family for many years without income 4) Most important, minimum 5 figures steady income each month (not once in a blue moon) If can achieve this, then you can live a happy life. At lease no financial worries. |
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Financial freedom actually occurs when your monthly Passive Income is greater than your month Expenses.....
Simple Formula:- Passive Income - Expenses = + Balance... if you have a negative balance... then you are not just there yet.... by the way ... passive income is the income that come to u while you are still sleeping..... If your financial freedom is running on $$$$ reserved then you will need hell lot of it to sustain life till the 6 feet hole calls upon you..... |
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Quote:
Passive Income - Expenses = + Balance... But I like to refine it a lil bit, if you don't mind [(active income + passive income)- expense ]monthly (or yearly) > safety net safety net is what kind of money to comfortable to live without worry of shit happen. could be rm 0 for those happy go lucky or rm10,000 or rm 100,000 from the equation one way to achieve financial independent is to reduce expense. ![]() Beyond Comprehension |
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I am looking for those passive income, no need to make much money per month, as long have multiple source.
Example the water paip no need to have much water come out, but prefer to have more water paid to generate more water for me ![]()
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I Blog my IT Engineer LIFE at iCalvyn.com |
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Hello,
Work hard now and enjoy the fruits later on. Most people want to enjoy financial freedom now without thinking on future. You can see people who archive financial freedom still working to build their business. Business tycoon still monitor their businesses, although they stay at home. Financial freedom to me is to be able to give myself, family, friends, community financial freedom too ![]() Thank you,
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Fivio.com | Customize Solutions Webhosting - Dedicated Server - Managed Colocation |
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most important is try don let urself commit too many thing like buy luxurious car..house..then u can have more money to do lot of thing to generate more money, in the end u can end up "sleeping above money" rather than so called "bed"
now im finding way to achieve bcos i always feel not comfortable with those guy who drive 4wheels car while im stil ride 2wheels...they always give some unrespectable face to me and now i wan to do something to go ahead of them.. |
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