Steps to Gaining Financial Mastery

Financial freedom is understanding that you’re a person in a relationship with an economy but it doesn’t run your life. It’s freeing your mind from the messages of the consumer culture, the messages of the economy. It is freeing your mind from thoughts about wage slavery and debts. No matter how much of it you have, as long as you engage in the anxious life that wants more every time, you’re not free.

In freeing your mind, you need to emphasize that you’re sovereign and the economy is secondary and you run your life, not the economy. To gain financial independence, you need to debunk every thought that makes you less than the sovereign runner of your finances.

Secondly, financial independence doesn’t come with debts at hand. Debts for a lot of people seems endless, they can hardly put a stop to it. The first step therefore to getting out of debts is to stop getting into debts. Try living within your means instead of getting into more debts. Debts are hinderances to actual opportunities life can provide and flattening your debt line helps you see clearly to live your best life.

Thirdly, get yourself an emergency fund. Start a savings plan that you can easily access in raining days. This will ensure that you don’t fall back into debt anytime soon. The savings will help you stay without debts when you probably have an emergency health bill or lost your job etc. You want to get yourself out of a position of financial insecurity and having a consistent savings culture can help you do that.

What happens over time is that you begin to experience another layer of financial independence where surplus is possible. And that surplus savings can be invested in such a way that it becomes another source of income. You’ll realize then that with consistency and strategy, in whatever savings instrument you choose you can literally see your finances skyrocket.

Staying a course like this could put you ahead in your finance.