FINANCIAL FREEDOM

Your complete guide to achieve financial freedom. Proven tips, tools and tactics for you to achieve financial freedom. Make money, save money and effectively manage your money.

Applying the Law of Attraction to Your Business

Written by Dian Herdiana on 9:57 AM

It is said that the law of attraction has its roots in Buddhism. Others say that it's about Karma. But it need not be a religion - it can simply be a way of thinking and, ultimately, living.

Basically, the law of attraction says that what you visualize in your mind and with your emotions can become a reality. By believing that you are present in your thoughts and feelings, you are said to "attract" those things you desire by thinking of them and having strong feelings about them. When you tap into the law of attraction, you visualize yourself in the place you want to be.

According to the law, you will attract the necessary things for those wants to manifest in real life. You are said to attract those things on which you focus your energy.

How can this law be applied to your business? Here are some ideas.

What Do You Want?

Determining just what it is that you want is the basic beginning of applying the law of attraction. After all, you can't visualize your dreams if you don't know what they are. So, it's a good idea to begin by being quite specific about what you want from your business.

Visualize

Visualization is said to create your personal "vibration." The law of attraction is said to respond to this vibration. Every day, try envisioning yourself as successful in your business. Try to make the visualizations specific - you receive a phone call; you join with a powerful business partner; you find 100 new clients. Spend time each day with these thoughts in the forefront of your mind.

Imagine that you have already achieved what you want. This is said to heighten your awareness to the opportunities you will begin to attract.

Believe It's Yours

The law of attraction says you need to accept those things that come your way as a result of your attraction. Like any belief, you need to overcome doubt and trust that you will, in fact, attract what you want. If you want to sell more of your product or service, for instance, believe it can happen. As you visualize, move into trust. Accept that these business goals and achievements are yours.

Another element of believing it's yours is to cultivate a healthy sense that you deserve these accomplishments and dreams. If you continue to think you're not worthy, it could affect the vibration you send out, and attract negative attention to your business.

Be Careful of Negative Thoughts

The law of attraction means you attract those things you focus on - so if you attract negative things, it is due to a negative vibration you sent out. The law of attraction applies to bad things as well, in other words. It is said that you should make sure to keep it positive so that you do not attract business failure or frustration.

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Applying the Law of Attraction to Your Business

Written by Dian Herdiana on 9:57 AM

It is said that the law of attraction has its roots in Buddhism. Others say that it's about Karma. But it need not be a religion - it can simply be a way of thinking and, ultimately, living.

Basically, the law of attraction says that what you visualize in your mind and with your emotions can become a reality. By believing that you are present in your thoughts and feelings, you are said to "attract" those things you desire by thinking of them and having strong feelings about them. When you tap into the law of attraction, you visualize yourself in the place you want to be.

According to the law, you will attract the necessary things for those wants to manifest in real life. You are said to attract those things on which you focus your energy.

How can this law be applied to your business? Here are some ideas.

What Do You Want?

Determining just what it is that you want is the basic beginning of applying the law of attraction. After all, you can't visualize your dreams if you don't know what they are. So, it's a good idea to begin by being quite specific about what you want from your business.

Visualize

Visualization is said to create your personal "vibration." The law of attraction is said to respond to this vibration. Every day, try envisioning yourself as successful in your business. Try to make the visualizations specific - you receive a phone call; you join with a powerful business partner; you find 100 new clients. Spend time each day with these thoughts in the forefront of your mind.

Imagine that you have already achieved what you want. This is said to heighten your awareness to the opportunities you will begin to attract.

Believe It's Yours

The law of attraction says you need to accept those things that come your way as a result of your attraction. Like any belief, you need to overcome doubt and trust that you will, in fact, attract what you want. If you want to sell more of your product or service, for instance, believe it can happen. As you visualize, move into trust. Accept that these business goals and achievements are yours.

Another element of believing it's yours is to cultivate a healthy sense that you deserve these accomplishments and dreams. If you continue to think you're not worthy, it could affect the vibration you send out, and attract negative attention to your business.

Be Careful of Negative Thoughts

The law of attraction means you attract those things you focus on - so if you attract negative things, it is due to a negative vibration you sent out. The law of attraction applies to bad things as well, in other words. It is said that you should make sure to keep it positive so that you do not attract business failure or frustration.

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True Financial Freedom - See The Big Picture

Written by Dian Herdiana on 8:23 AM

If you are wondering how to create true financial freedom, the first thing you need to decide is what financial freedom means to you. Does it mean that you have enough money to live on without having to work 40 or more hours a week or does it mean more than that. Does it mean having a vacation home, a different car for everyday of the week, or a yacht on Mediterranean.

Some people know how to dream big and have come up with ways to make those dreams come true. Some other people know how to dream big but can't seem to find a foothold on the up slope. They have great ideas, several that may be million dollar ideas but,in fact, do not have the means to do anything with these great million dollar ideas. Some people just do not know how to dream at all. They think that financial freedom means having to work your entire life and retiring with a pension and social security.

There is no right or wrong answer here, true financial freedom is whatever you want and need it to be. Figure out what you want your lifestyle to be like if you were financially free then calculate what that lifestyle will cost. Do you want to live in the South of France, or how about Tuscany, or maybe you just want to be comfortable in the house you currently own without having to worry about any more mortgage payments. That would be nice, huh?

Take what you already have like investments, savings, retirement accounts, etc. and compare it to what you want to see how much you need to fill the gap in between the have and the want. Once you have this number you can work toward that goal either by working more, spending less, or finding other streams of income that work for you.

Learning to invest in real estate and having rental properties is a good way to create a passive income stream that works for you. Passive income is great because it is income that you earn anytime whether you are working, playing or sleeping. The more passive income you can make the faster you will gain financial freedom.

Always keep the big picture in mind and the reasons why you want to gain financial freedom. Do you want to spend more time with your family, travel and take the vacation of a lifetime, or buy your dream car? Or, is it just something as simple as not worrying about how the next bill that comes in the mail is going to get paid?

You can achieve whatever it is that you want, all you have to do is want it badly enough and you will find a way to get it. So many people have lost their jobs, their homes, and their self-esteem in this down-turned economy, so why not take a chance on yourself and dare to do something different, dare to think outside the box and take a risk or two, what do you really have to lose. All you have to gain is true financial freedom.

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Do You Need Independent Financial Advice

Written by Dian Herdiana on 7:00 AM

It is the dream of many – to be rich! Or even if not to be rich, at least be well off so that you can afford to buy the things you desire. However, to have lots of money you need to put in lots of work, not only in earning that money but also in managing that money. I'm sure you've heard stories of people who have won the lottery but in no time at all have lost it all and gone bankrupt. When you have money you need to know how to protect it and even grow it and to do this it is advisable to seek some independent financial advice.

You don’t need to find someone that you hand everything over to and let them manage your money completely, but you need to find an advisor that can help you manage your finances and make good decisions.

There is a lot involved when it comes to managing money and also investing money so if you plan on doing it yourself you will have a lot to learn. There are different types of investments such as bonds, stocks, mutual funds; even property investing and most people just don't have time to learn all about each one. That is where a professional financial advisor can help.

When looking for an independent financial advisor it can be difficult to know who you can trust, after all you don't want to trust your money with just anyone. You can start by asking your friends, family members and co-workers whether they use a financial advisor and can recommend one. If they have someone that they can trust with their money then you too should be able to trust them.

There are also a number of finance advisor options on the internet. If you find an advisor online I recommend that you find one in your local area so you can meet them in person. If you are dealing with an advisor elsewhere and can't meet them in person then it can be more difficult to get a feeling of trust with them.

When you meet with a financial advisor you should ask them whether they are an independent or a tied agent. A tied agent works for a specific company and will only recommend services or products that the company provides. It is possible that the best option for you is not with that company but because they are tied to that company they will try to sell you one of their products. An independent advisor isn't biased to one company and is more likely to work with your best interest in mind.

Independent financial advisors work for a number of different companies and so they have a wider variety of products and services to offer you. Although some advisors will work in their own best interest and try to sell you products or services that will earn them a higher commission.

So there are advantages and disadvantages to both independent and tied advisors. Whichever one you decide to go with you just need to make sure that you are comfortable with them and you can trust them. You want an advisor that is going to include you and explain all options to you. You want one that will help you to make a decision based on what is best for you and not one that will just try to sell you products. You will generally get a feeling about whether you can trust an advisor or not, try to stick with someone that explains things well and is working in your best interest and not one that is just giving you a big sales pitch.

Remember, this is your money and your financial future at stake so you want to stay informed and keep tabs on how your investments are performing. So choose an independent financial advisor that you can trust and feel comfortable to help you with your investment choices.

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Credit Card Judgments - What You Need To Know

Written by Dian Herdiana on 7:00 AM

It's no big secret that the economy could be doing better. The sad thing is that the poor economy is having a negative impact on a lot of people. Unfortunately, even the most hardworking and honest of people are now finding themselves in financial trouble, due to no fault of their own. If you have credit card debt that's starting to pile up, and you are not able to make payments on it, then credit card judgments are a real possibility.

Generally speaking, you will be sued to recover as much of what you owe as possible. Now don't get too worked up about it. Even though it is a serious matter, being sued is really nothing more than being taken to court so a judge can try to make a fair arrangement. If the judge finds you do, indeed, owe your creditor money, then a judgment will be filed against you.

A judgment may actually be a better option for you in some cases. The judge should take a look at your current income and expenses, as well as the total amount you owe all of your creditors. The judge will then rule on how much you owe. However, if you are in a really bad situation, the judge may decide to reduce the total amount. Also, the judge may give you very good terms for the repayment of your debt; making sure to give you enough time to pay it off.

Don't get me wrong, though. Credit card judgments aren't fun, and should only be used as a last resort. A far better option is to avoid being sued in the first place. One way you can do this is by taking out a new loan to pay off your credit card. You will still have to repay that loan, but at least it won't be under the terms of your credit card. Credit cards are usually the worst form of debt, so a consumer loan of any kind makes more sense.

The best way to handle it is to call your credit card company at the first sign you will be missing payments. Some credit card companies will put a temporary freeze on your account, which will give you some time to get back on your feet. They may also be willing to enroll you in what's known as a hardship program. Such a program will reduce your interest rate substantially. There is a catch, however. Once you are in such a program, you won't be able to use your credit card at all, but that's actually a good thing.

Finally, be sure to pay any credit card judgments that are found against you. If you don't, then your wages can be garnished (they will take money directly from your paycheck), or a lien be held against your home until it's paid off. The main thing to remember is that being sued and having a judgment filed against you are not as bad as they sound, and could actually help you to get back on your feet.

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Worthy Tips in Handling Forex Signal Trading System

Written by Dian Herdiana on 7:41 AM

Why is it that thousands of people are really into the investment in forex signal trading system? What is in this business venture? Why do people get hooked on it everyday? How do these traders manage the business?

There are of course some of the most valuable tips that will allow the prospering of the forex signal trading system. If one closely follows these tips, then they can be one of the many millionaires in the trade.

Trade the pairs and not the currencies. In any type of relationship, there must be the harmonious blending of two sides involved in it. Now the success and the failure of the forex signal trading system are both determined by the currencies and the impact which they can make on one another.

In knowledge, there is power. In any business venture which you would like to dwell into, it is vital that you get to know the ropes of the trade. If you are ignorant about all the necessary steps, then how will you be able to handle it efficiently? You have to make the best out of any investment you make. One of the most reliable sources of knowledge on forex signal trading system is the current events and news all around the globe. It is important that you abreast yourself of the condition of the market.

Avoid any unambitious trading at all costs. Always seek for the long term trades because this will provide you with more stability.

Avoid over-cautious trading. Always let your products bloom and determine their destiny. Do not be too afraid of losses because you might just be lessening your chances of getting the great opportunities.

Be careful in dealing with your independence. If you are a newbie in the forex trading world, you can either decide on trading your very own money or to get a broker to do the trading for you. But then bear in mind that the many sources you have, the greater chance of losing profits.

Be aware of the tiny margin. The tiny margin can be very promising considering the fact that it welcomes larger profits. But then one of its disadvantages is the greed which may totally destroy a trader like you.

Try out trading during off-peak hours. Most traders are active during the peak hours. Why not take advantage of the off-peak hours too? By this time there will be a few competitors around.

Bear a strategy. Trading is not all about making money. It involves a carefully planned out approach which you have to take so that you are able to manage all risks and losses when they come your way.

Know that the market has two ways: the up and the down. When the market is soaring up it means good opportunity for traders. When it is going down, meaning it opens the doors for some losses.

Learn to exit trades. If you see yourself suddenly degrading in the trade, then exit at once. Do not wait for more losses from you.

Don’t play smart, play simple. Do not act as if you are very much well-versed with the trade. Keep things simple. Keep your rules easy to understand.

Exude confidence. In whatever dealings you go to, always bear with you your self-confidence.

Armed with all these things, you can now be on the track of forex signal trading system.

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Your Debt Reduction Planning Tools

Written by Dian Herdiana on 5:08 AM

With the economy in such a poor state and many people losing their jobs, or having to take less pay, there is a bigger portion of the population that has resorted to living off of credit. When the time comes to pay off your debt and get out from under it all, using debt reduction planning tools can really help make a lot of difference.

Finding the right tools for you and your situation is as easy as surfing the internet. There are many things that you can use that can help you get a clear picture of where you are, a clear picture of where you want to be and, most importantly, a set plan on how to get there.

Debt calculators are one such tool because it will allow you to factor in the amount of interest you are paying on any particular bill. You can use the calculator by determining the date you want to be free and clear and the calculator will figure the amount that you will need to pay every month in order to reach that goal. As long as you don't incur additional debt, such as continuing to use a credit card or line of credit, the calculator can give you an exact time frame for when you can be debt free.

In order to make sure that the numbers you are plugging into a debt calculator are accurate and that you can make those payments every single month, it's important to come up with an exact budget in your debt reduction planning strategy. You need to have a clear picture of how much money you have coming in the house every month and how much goes out every month. Only then can you accurately calculate when you will be debt free.

In order for your budget to work you have to make sure to include everything. If you buy coffee every day when you go to work (and you're not willing to stop doing so) you need to include that amount in your budget. It's easy to remember the big things like car payments and mortgage payments, or the things where you get a bill in the mail every month,but the things that you might have trouble thinking about and including in your budget are things that you don't have to do every month such as dry cleaning, pet expenses, seasonal expenses, etc. Make sure that you take all of that into consideration before you make out your budget. The more accurate your budget the fewer bumps in the road to financial freedom you'll encounter.

Also, don't be afraid to contact your credit card companies and see what, if anything, they are willing to do to help. Just make sure that whatever they do to help doesn't have a negative impact on your credit rating.

There are a lot of tools and methods you can incorporate in your debt reduction planning strategy but the one best thing you can do for yourself and your financial health is to get started right away.

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Manage Money Without Depriving

Written by Dian Herdiana on 8:41 AM

It is a fact that there would always be a system wherein we will not be getting everything we want because of financial limitations. In short, we cannot have everything at the instant we would want it. There would have to be planning or if not, some careful deliberation about whether we would be getting the item we want or not. This is because sooner or later, finances would always fall short of the expenses. That is why we manage our money and budget for the things that we would want to acquire. Nevertheless, when we manage money without depriving, we would want to be able to enjoy a certain degree of satisfaction and fulfillment without compromising our savings.

Deprivation would mean curtailing our freedom to the point of not being able to enjoy some of our hard earned resources. Though it is an irony in itself that we are already limited with finances and yet would not want to be deprived, a balance of enjoyment and requirement is what dictates the existence of deprivation if ever.

Earn More

One of the most common means of people to raise the level of financial freedom is to earn more by working more. However, this is limited with the many social factors which include degree of educational attainment, time, job availability, and more often than not, personal accomplishments.

Some may get lucky to be in the lighter side of personal assessment by the human resource personnel and be accepted for a job despite the incomplete compliance of requirements. There are also some who, despite their educational attainment and personal socio-civic accomplishments, are still not able to land a job they desire due to a personal prerogative
of the recruiter to not accept the applicant.

What this presents is a semi-random chance of a person to fully comply with all the factors which constitutes landing of another job than the current one.

Save More

A classic means of how to manage money without depriving is to focus on saving the excess money that flows in the household after deducting all the other monthly expenses and bills. Saving money definitely means having money when the need for an important expense is required.

Saving more would merit to having more extra cash, but also poses a paradox in itself in a way that when you save money, you are already keeping that for something
projected as an event that could happen. In this manner, there would be a difficulty in using that fund intended for an important thing to be spent on something that would just be for leisure and
satisfaction.

Learn To Be Content

The degree of limitation and deprivation on a person’s financial resources is dictated by the personal level of satisfaction. A person’s idea of contentment is the same as his perception on what he needs and wants. A person who is “want” oriented will always be seeking for things that may already be unattainable at the current financial level, and would feel deprived of such. On the other hand, a person who is “need” oriented would be able to do away with leisure and may
also feel deprived deep inside of finer things that may have been acquired.

The key to manage money without depriving is to learn to already accept what is possible to be attained and work from there. If there is a rather unattainable thing to spend money on, then that is the time the person should plan and think about the means to reach that and make that attainable.

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Outstanding Student Loans

Written by Dian Herdiana on 8:31 PM

Outstanding student loan is a common and major problem for several students. You can negotiate with your creditors and convince them to reduce or even eliminate your debt, but for this purpose your case should be strong and based on facts. If you are not confident that you will be able to negotiate yourself, you can hire a company to bargain or negotiate with your creditors on your behalf.

Make sure if you are able to pay then don't cheat your creditors as this destroys relations, and if you are not in a position to pay then you should contact your creditors as soon as possible and let them know with your situation. First, ask your creditors to forgive some of your debt as this is a good starting point, and then gradually move forward for further negotiations.

Some creditors may entertain your request and some not, but you should try your best to convince them that you deserve to be awarded some relaxation in loan payments. If your case is sound and make sense, most probably they will consider your request seriously.

Keep in mind it is always helpful that you contact your creditors before they contact you because this shows your sincerity and loyalty, and creditors value such actions. You can also take services of a debt negotiation agency to negotiate your case with your creditors. Before you take services of a debt negotiation firm, make sure that your creditors are willing to work with that agency, and always take services of a competent and experienced agency as any mistake in choosing the right firm can result in denial from your creditors.

Keep in mind that your credit history should be excellent as all the lenders check credit record before giving any loan. So, you should manage to make a good credit history, and always try to pay your monthly payments on time. If your credit history is good, you can better negotiate interest rates with creditors.

College loan consolidation program:

Students take different types of loans with different interest rates during their college life to fund their educational expenses, and after graduation they see a big outstanding amount waiting for them. A college loan consolidation program is the solution to all these problems. This program takes all student loans and puts them in a single loan. This loan allows students to pay a single monthly payment instead of making more than one payments for different loans. Moreover, there are many consolidation programs which offer lower interest rates to students to help them manage their debts easily.

Hence, there are many advantages of consolidated loans like you can use this loan to pay off all your previous student loans, you will be paying a single amount per month instead of more than one amounts for different loans, it will be easy for you to remember one due date instead of many due dates for different loans. So, this is the best option for a student to fund his/her educational expenses with affordable interest rates

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Controlling Your Debt: How To Boost Your Credit Score

Written by Dian Herdiana on 8:13 AM

A credit score acts much like your high school report card. It features a three-digit “grade”, which reflects a person's credit worthiness to potential creditors, banks, insurance companies, mortgage companies and even employers. The higher your score, the greater will be your chances of availing credit. Here's how to control your debts, and boost your credit score.

Review Your Creidt Report

Ther are three major cretid reporting agencies today, and through these agencies, you can get a copy of your credit report, for you to closely evaluate it. Just like using a fine- comb to weed out tangles and loose hair, you need to review your credit report with a keen eye for incorrect data, or any inconsistencies. Check out any incorrect payments, credit limits, or collection data that you strongly feel is not yours. It's a fact that some typing errors or numerical glitches often show up on some credit reports; therefoe you need to get a copy of your credit report at least once a year.

Pay Your Obligations On Time

Always make sure that you pay off all types of debt or bills on time. Late payments or any delinquencies will truly have a major effect on your credit score. If you forget to pay one or two of your bills on time, prepare to have some red marks or black eyes on your credit history. To steer clear of any delinquencies, try setting up your bills for automatic withdrawal from your personal ckeching account, so that you won't have to deal with any collection agency in the future.

Balance Your Credit Card Spending

Regardless of whether you have one, two or three credit cards, remember to spend wisely and balance your credit card obligations. If you don't have the money to pay an existing credit card balance at the moment, try getting a loan from a family member or relative, so that your debts can be wiped off from your card, and your credit score also gets a helpful boost.

Never Do Loan Shopping

Whenever you continually shop for loans, or submit to as many lenders within just two weeks, your credit score will surely suffer a major drop. Try to do a cluster of loan inquiries within a proper period of time, like one every two weeks, so that your credit score remains strong, and won't have to suffer major drops in credibility with lenders.

According to credit experts, a credit score of 300 to 580 indicates that you'll only get approved for loans which offer very high interest rates. A credit score of 651 to 710 means that you'll be able to avail of credit at moderate interest rates, while a score of 751 and up indicates that you'll be able to get the most competitive and flexible loan packages available in the market today.

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