Sources of financial freedom
I saw a lot of people whose life is controlled by money. I think it is wise that we should control the money and not controlled by money. If your home is worth hundreds of millions of dollars are comfortable, why buy a new, bigger home at a price of billions of dollars?
If the car you are as young as two years have given a lot of convenience, why force yourself to buy a new car is more expensive to owe? Productive assets and buy assets rather than consumption. Homes and cars more accurately classified as liabilities and not assets.
Home or property that can be rented and provide an annual return of approximately 5-10 percent of the investment but the house is not occupied or rented out as a liability. Bring cash into productive assets while the assets of the consumer cause cash-out.
Please buy a bigger house and a new car after you achieve financial freedom. You can use a passive income from stocks, bonds, businesses, and property you have to buy a house and a car that you desire it.
Key to achieving financial freedom is being able to control themselves and be able to separate wants from needs. Money will never solve your financial problems if you are obsessed to fulfill all your desires. Straighten your wrong perceptions about money. Financial freedom is the mental process of looking at and understanding of money.
Finally, make your money “work” for you. You will be financially free.