Published May 10, 2021
2 mins read
400 words
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Life Hacks
Lifestyle
Finance and Accounting

Financial Literacy

Published May 10, 2021
2 mins read
400 words

We all live in a world where each and every one of us is full of desires and wants but the interesting or you can say the saddest thing is that we know that the sources or means to fulfil them are so very limited or sometimes not even there at our very own proposal. So how to fulfil all our needs and wants?? Do we need to ask or borrow money from our parents or family members or friends or just roam about in the streets begging?? What is the solution for it? Have you ever dreamt of it?? Have you ever thought that we are solely responsible for our needs and dreams??

Well the answer to all the questions asked is pretty simple ie FINANCIAL LITERACY AND INDEPENDENCE which will slowly lead to our FINANCIAL FREEDOM.

The very next most important question that arises in our mind is “How to achieve financial freedom?? ”

Well , income can be broadly divided into two parts ie Active income and Passive income. We all have to work hard towards finding ourselves a persistent source of both active and passive income. With all the outrageous growth of inflation and human needs, it is very difficult or almost impossible to depend on one source of income or one person's income, one has to look out for more chances of money inflow in order to survive.

On one hand the skills tht we learn and acquire help us to achieve active income, the various talents and joys and leisure activites ( which we tend to waste) can be tremendous sources of passive income and there might come a day when your passive income will equate with your active income or might out pass it in the future.

Warren Buffet,  the god of investing rightly said “ If you cant earn money while you are asleep than you got to earn till you die” and passive income could help you earning that money which grows even when your eyes are closed. So do not take any more time thinking and just work on your passion, discover the various sources  through which you could monetize your passion and just start now because "NOW OR NEVER".

Just trust your inner conscience and take the first step towards your financial literacy which will not only make you FINANCIALLY INDEPENDENT but will also help you to find your PURPOSE IN LIFE.

#personalfinnancialplan
#finance
#financialgoals
#FREEDOM
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gk.virat 5/10/21, 11:01 AM
1
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1
akeshyadav22 5/10/21, 11:08 AM
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m.paul 5/10/21, 11:09 AM
Nice
sneha123 5/10/21, 11:55 AM
Nice
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