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The Big 10 Steps to get your Financial House in Order
Getting yourself on the path to financial independence doesn’t require you to be a tax expert, investing expert, or even a basic financial expert. Here, the success is in the doing.
These Big 10 Tips are as close as you’re going to get to a magic bullet to get your finances on track, that’s the good news. The not-so-good news is that without implementing all of them at some level, most people – barring an unforeseen inheritance from a rich relative you didn’t even know you had – will not be able to achieve financial independence.
Financial Independence is generally used to describe the state of having sufficient personal wealth to live, without having to work actively for basic necessities. For financially independent people, their assets generate income that is greater than their expenses.
“Financial Independence is the day that work becomes an option”
– David Rae