Mindsets required to achieve Financial Independence

Looking for Financial Independence? I have some questions. Why do you want to be Financially Independent? Are you tired of your hectic 9 AM to 5 PM job? Are you tired of daily instructions from your bosses? Do you want to be your own boss? Are you a big dreamer? Are you looking for financial security? Whatever be your reasons, it is important to know, what it means to be Financially Independent. But the knowing about Financial Independence is not just enough to achieve it. To successfully achieve financial Independence, a proper mindset is utterly important. In this article, I am going to reveal some important mindsets required to achieve Financial Independence.

Cash flow is the king of financial intelligence – a basic concept for beginners

What is cash flow? In literature terms, it seems like flow of some amount of cash. Didn’t it sound weird? In finance, it means the amount of cash or cash equivalent being transferred in and out of a business. But what does it means in a personal life? Have you heard the term cash flow? When did this term get introduced to you? I guess most of the people come across this term when they start their professional carriers and get a job profile to deal with the financial aspects of business of their companies. People from commerce background may have some chances that they might get introduced to this term during their academic education period. Unfortunately, some of the people never get introduced to this term for entire their life. I am asking all these questions because I believe cash flow is the basic key of financial understanding. Understanding the importance of the concept of cash flow, I have termed, cash flow is the king of financial intelligence. In this article I am not going to discuss about cash flow of a business but about cash flow of a personal life.

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