{"id":10705,"date":"2016-04-27T10:37:02","date_gmt":"2016-04-27T17:37:02","guid":{"rendered":"https:\/\/udirectira.com\/?p=470"},"modified":"2022-09-07T19:31:49","modified_gmt":"2022-09-07T19:31:49","slug":"21-ways-financial-freedom-2","status":"publish","type":"post","link":"https:\/\/udirectira.com\/21-ways-financial-freedom-2\/","title":{"rendered":"21 Ways to Financial Freedom"},"content":{"rendered":"

21 Ways to Financial Freedom<\/h2>\n

\"David

Here are 21 ways to compress the distance from where you are now to gaining financial freedom. I wrote this list specifically for my new friend Don M. but this is some pretty good timeless advice and tips for financial freedom I\u2019d like to share with you.<\/p>\n

1) Earn more \/ save more
\n2) Spend less \u2013 thus reducing the amount of passive income you need to become financially free
\n3) Start a business parallel to your W-2 so you can: earn \u2013 spend \u2013 tax rather than the w-2 trap of earn \u2013 tax \u2013 spend
\n4) Use leverage to create positive arbitrage
\n5) Leverage other people\u2019s time \/ other people\u2019s knowledge \/ other people\u2019s relationships \/ other people\u2019s money \/ other people\u2019s deal flow
\n6) Be a market cycle investor \u2013 buy in a buyer\u2019s market \/ sell in a seller\u2019s market
\n7) Lower your income tax burden using Self-Directed IRAs \/ 1031 exchange \/ long term capital gains rather than ordinary income \/ HSAs \/ s-corp tax status to lower self-employment status
\n8) Be a lifelong learner \u2013 study how to become financially free at www.HassleFreeCashflowInvesting.com
\n9) Work with a financial mentor who has gained financial freedom
\n10) Invest and work for what the investment and the job will teach you
\n11) Invest in relationships
\n12) Getting rich slow is better than trying to get rich quick and never getting there
\n13) There will never be a perfect time to launch \u2013 take action then make course corrections as you go
\n14) Embrace failure as an opportunity to grow
\n15) Write down your long-term goals and your daily to do lists regarding gaining financial freedom
\n16) Write down your compelling \u201cwhy\u201d
\n17) Schedule your day and your life \u2013 live life by design
\n18) Use your time in your vehicle for studying audio programs
\n19) Protect yourself from negative people and negative environments
\n20) Include your spouse in your financial education and goal setting and dream building
\n21) Get around people who think radically different than you \u2013 spending time with \u201clike minded\u201d people is a recipe for producing results you already have \u2013 you will become the sum of the people you associate with<\/p>\n

These tips for financial freedom can help start you out on the right path in your financial journey, and each person\u2019s path is going to look slightly different. Take some time to determine which of these 21 ways to financial freedom will work best for you.<\/p>\n

Thanks to David Campbell for the great post.\u00a0 You can reach him at david@hasslefreecashflowinvesting.com<\/p>\n","protected":false},"excerpt":{"rendered":"

21 Ways to Financial Freedom (By Guest Contributor David Campbell) Here are 21 ways to compress the distance from where you are now to gaining financial freedom. I wrote this list specifically for my new friend Don M. but this is some pretty good timeless advice and tips for financial freedom I\u2019d like to share…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10705","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\n21 Ways to Financial Freedom - uDirect IRA Services, LLC<\/title>\n<meta name=\"description\" content=\"We\u2019re all striving for the goal of becoming financially independent throughout our entire working lives. 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