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When we hear the statement “Financial Breakthrough”, what normally springs to mind instantly is having lots of money to be able to do whatever you want in life.
Actually, there is more meaning to this stereotyped perception.
Financial independence also means being to support your lifestyle without having to work your butt off. It means generating enough money from assets, that you don't have to depend on wage or salary to meet your costs.
So many people strive today for financial breakthrough for some reason.
Let's look at the rundown below, why you have to gain financial independence.
6 Reasons Why You Would Need Financial Breakthrough in 2020
9-5 Work is Unreliable
As you are reading this:
- Some employee is getting a sack letter,
- A bank is downsizing its workforce,
- A company is laying off some of its workers because a machine that can do the job better has been discovered.
Until a few years ago I used to work for a ground handling airline company.
I use to have shifts starting at 3 AM and work until 2 PM the very next day.
At that time I had my first daughter and she was 3 years old.
Every day after finishing my work, I had to spend a few hours with her, prepare dinner and get ready for the next day.
I use to sleep between 4-5h / night only.
Weekends, I would be very lucky to get one weekend free every 5/6 weeks.
That was until one day I decided to make a move, get out of the cadge to gain financial breakthroughs and create my own lifestyle.
The only option to achieve this was by building my own company. My own business where I could play my own game and follow my own rules.
After 3 years the Airline Company went bankrupt and closed her business.
Today my business is doing great, but, who knows where I would have been now if I wouldn't make the bold move?
We are living in a continuously changing world. Businesses all over transform every time and changes may affect your life in undesirable ways
The white-collar job these days cannot be totally relied upon to generate you the cash flow to meet your needs. You may not gain a financial breakthrough when you are sticking to an office job.
Peace of Mind
Imagine what the effect of not having to worry about getting a sack letter, losing a job because the economy is in bad shape or some machine is about to replace you, etc. will have on you?
It will leave you with nothing but rest of mind.
Knowing that at the end of the day you have assets that will generate you substantial cash flow will leave you with nothing to worry about.
Time is of high essence and it's very limited. Let's say you have 80 years of life you do not want to spend 65 of it working for another person. You may decide to start enjoying yourself after retirement but your habit and taste of life may change by then.
This is if you are not working till the end.
Being financially independent allows you more time to enjoy other things in life other than running the rat race.
Spend More Amazing Time with Loved Ones
For me, gaining financial independence has helped me spend more time with my loved ones. Even if you don't have kids yet, working out how to gain financial stability will free up some time for you to attend to your family's needs.
The fact that you do not have to worry about paying utility bills, and you have freedom of choice makes it easier for you to spend quality time with people you love and care about.
I want to lead a life that is free of financial constraints. I have seen people struggle to meet up with financial obligations and it has not been a pleasant experience.
I desire a life where I will be able to have money to cushion any financial emergency that arises.
In our present world where there isn't a guaranteed job safety, pensions are falling and the global economy isn't often in a buoyant condition, being financially independent is the only way to scale through these.
It's a Challenging Venture
When I started out to become financially independent, I knew it was not going to be an easy one. However, I knew it's a step I have to take for self-improvement.
They say challenges make life interesting.
Striving for a financial breakthrough is one of the ways to challenge yourself to become better and stay ahead of your mates.
It may be challenging and daunting now, but in the future, you will be glad you made this move.
There are a million reasons to invest in a portfolio, but these 6 discussed above are the most important.
Find a business opportunity today to invest in, so that tomorrow, you will have lots of money to back you up to lead the sort of life you desire.
If you want to see what's offered me the financial freedom I was looking for, then you can check it HERE.
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