Finance

A financ1al plan or strategy to guarantee your future well being is something every working individual should contemplate early in life, but if that luxury has passed many years ago there is still time for you to start NOW.

A financial plan is not a plan or strategy on how to spend our earnings received from working hard for a boss. Ask your self these questions

1 ) What do I think of when thinking about what to do with the income I spend all of my time earning? (Holidays, cars, shopping and NIGHT LIFE)

2 ) What do I think of when thinking about HOW TO improve on my income? Thus improving my quality of life! (Borrowing)

Below is not the answer you should be coming up with!

Quick ways to get what you want!

* Borrow from Dad

* Take out a loan

* Open an account

* Get a Credit Card

These are all EASY ways to get what we want, thus giving us PLEASURE. BUT the after effects are what cause the PAIN. These are quick ways to financial enslavement. The PAIN mentioned here is the pain of handing out ALL your hard earned money, month after month.

The best thing to do is to say "No thanks!" to the quick ways of getting what you want and find ways to earn your own money.

The best way is to be an Entrepreneur, looking for and taking advantage of gaps in the market for products or services. Once these have been Isolated, proceed to fill the gap with your expertise and experience in your specific field. The good or bad financial rewards received will be a direct result of the VALUE you provide, so adjust your value and input accordingly.

It would be good for your future financially, to have a well thought out plan of action, with good ideas and strategies to ensure Financial Independence instead of financial ruin.

Go on YOU can do it! Another motivation for getting out of debt: Remember that "the borrower is the servant of the lender" - the Bible.

By Alan De Klerk - For more articles check MY BLOG.

Financial Freedom Through Education.

Article Source: http://EzineArticles.com/?expert=Alan_De_Klerk