5 Money Habits That Enable Financial Freedom

In this video I share 5 Habits Or Practices to enable your achievement of Financial Freedom /Money Management Habits That Enable Financial Freedom

These habits include not spending more than 30% of your net worth or property value to buy your vehicle and how to use the loan for the vehicle to invest and leverage compound interest and achieve financial freedom. It also explains why it is more cost effective to buy a vehicle cash instead of on credit, why you should not save in a bank and instead invest and why you should save 50% of your income and not the 15% that is recommended to achieve financial freedom. Not leaving too much money in a bank savings account is also another factor considered as currency devaluation and banking fees and charges can erode your principal. Strategies around automatic savings such as salary deductions and standing orders are also covered.

#financialfreedom #moneyhabits #wealthmindet

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