I love the 4th of July, the celebration of our independence with great food, friends, fireworks and enjoying a few days off. It is one of my favorite holidays, if not my favorite.
Whenever I get together with my friends and family the financial questions always come up. People want to know about where the stock market is going, where can they put their money in a safe place or how do they just save more money.
One might think I get annoyed by this while I am taking a few days off, however, I don’t get annoyed. I love what I do.
So sticking with the theme of Independence Day, most people ask the same type of questions revolved around being financially independent. I could go into all these tips, and examples but I am going to share the main tip I share with everyone about become financially independent that really makes a difference.
The reason most people I talk to are struggling is because they don’t have a plan or think about their finances in the right way. The most important thing you can do is take a financial day and discover what is really important to you and make an effort to stick to it.
I will use weight loss or fitness as an example, if you want to lose a few pounds you come up with a diet and exercise plan. If you have trouble sticking to the fitness plan, you might download an app to help and if you really need help, you might pay a fitness coach.
The same thing should be done when you come up with a financial plan. If you can’t stick to the plan you should download an app or use an online tool. If you still need help or have questions then you should meet with a financial advisor to help you set goals and reach them.
Coming up with a plan and sticking to it is really hard, like hard, but you can do it! You might just need a little help and there is nothing wrong with using a financial advisor to help you become financially independent.