People often talk about achieving financial freedom, but few people know what it is. After watching the video, you will know how financial freedom is defined.
Next, you need to know your numbers and how to start taking advantages of the tax laws used by the rich to gain an unfair advantage that employees don't have. The tools below will get you started...
To determine what your financial freedom number is, you need to have an accounting software that is as automated as possible. There are many different options available, but I use and recommend Wave.
It is free and will allow you to link all of your credit cards and bank accounts for not only business, but also personal and joint accounts. It will enable you to track both income and expenses as well.
Wave will also handle invoicing and payments. There is a slight charge if you choose to do this, but if you just want to know your numbers, this is an outstanding program that won't cost you a thing!
To achieve financial freedom as quickly as possible, you must do one of the following:
- Increase Your Passive Income
- Decrease Your Expenses
- Or BOTH of the above!
It comes as a surprise to most people to learn that our largest expense by far is TAXES! As a business owner, the government gives us the ability to save on our largest expense. But in order to take advantage of these deductions allowed to us as business owners, we need to document our expenses and mileage correctly.
TaxBot is a software that has been created by an attorney and Certified Public Accountant named Sandy Botkin. Sandy serves as the Chief Executive Officer and Principal Lecturer of the Tax Reduction Institute.
This is a software tool that every small business owner should have in their toolbox. If you want to learn how much money you are losing by NOT using this software, watch this webinar.
Many people don't want to take the risk of starting a business of their own. Oftentimes this is the result of not knowing enough about how small businesses work and their fear of losing money. If you have this fear, one of the greatest ways to figure out if starting a business is for you is to play a financial role-play game where financial freedom is the goal. Although the money may not be real, the emotions that come along with the game are!
I have used Robert Kiyosaki's "Cash Flow" game to learn about and start businesses of my own. This game is available online or as an app but playing online is difficult because the font size is too small for me to read on my mobile phone.
However, there is a similar game that has multiple levels of difficulty that I have played countless times to learn more about how to manage expenses and income while making deals in the game. This game is called Money Race 2 and can be accessed by clicking the link below.
Products and Opportunities
At DiscoverTheSystem.com, we are committed to helping you find the right opportunity that will help you achieve your financial freedom. In order to take legal advantage of all of the benefits of running a business of your own, you must first have a business. Rather than promote a single business, we believe that it's important to determine what's most important to you.
If you are ready to move forward and start your journey or if you are looking for another opportunity to add to your portfolio of passive income, please fill out the following survey and one of our representatives will contact you.
If you have any questions or want to promote your own business or opportunity here, please contact us by clicking on the "Contact Us" button.