Financial Freedom Theory


Financial freedom is a situation where someone has not have to work anymore but still get enough money to support life. According to Forbes Magazine, rich people are they who get salary one million US dollar a year for minimum. Robert T. Kiyosaki has another oppinion. He (quoted from Buckminster Fuller) say that rich people are not based of active income total amount. But people are reach if their passive income is bigger than their living cost. Passive income in this case is money that people can get without work. In Islamic view, people can reach their financial freedom in searching their livelihood, appropriate with Islamic syariat.
There are seven steps to reach financial freedom.

First step, “Motivate yourself and established wealth”. Use money trouble and uncomfortable situations as motivation to reach what you have been dreaming of. Step two, “Established purpose and suit it with financial condition”. Step three, “Know where your money go and bound it”. Step four, “Pay attention for two finance problems: overspending and debt”. Step five, “Strength of planning is supported by wise investment”. Step six, “Take care of your family from risk wish insurance”. Step seven, “ This is a start, not an end”.

To reach your financial freedom, you have to owned passive income. How can we get passive income? First, you can have your own business and give the management to other people. As an owner, you don’t have to do the business by yourself, but all you have to do is only control. And the income will go to your cash. The second way to having passive income is by doing investment. All you have to do is only monitoring to make sure that the invest is still produce benefits. Good planning of your financial, can deliver your own financial freedom.

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One Response to Financial Freedom Theory

  1. i would really like to achieve financial freedom in just a few years ~”"

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