WHY SEEK FINANCIAL FREEDOM
MONEYMONK WEEKLY MESSAGE 2/2019

WHY SEEK FINANCIAL FREEDOM

When achieved it will allow you to do what you like with your time.

PURPOSE OF MEASUREMENT

Is to gain control on expenditure to optimally secure your future with savings.First decide what you want to save for the month. Most have little or no control over their income in the short term but can surely control their expenditure. Expenditure must be limited to what remains after decided savings. Your equation will then look like this

Income -Savings = Expenditure

 Definitely NOT

_{Income - expenditure=savings ( left overs ?)}

Focus has to be on savings and not on expenditure.

Give a brief thought in your mind going before every expenditure you make to check that it is within your budget. Can you reduce it to increase your savings ? What can you do to increase your income to increase scope for more  savings? Savings are only your expenditures deferred for the future.

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