The 4 Pillars to be Financially Free

YOU’VE READ IT RIGHT! ACHIEVING FINANCIAL FREEDOM ISN’T JUST FROM GOOD LUCK. IT DOESN’T HAPPEN WITHIN A THANOS SNAP NEITHER. THERE ARE STEPS THAT YOU CAN TAKE TO NEVER WORRY ABOUT MONEY AGAIN. ALL YOU HAVE TO DO IS KEEP THE 4 PILLARS THAT WE’RE ABOUT TO DISCUSS HERE IN MIND - EMPLOYMENT, REAL ESTATE, STOCKS, AND BUSINESS. WHEN YOU’RE ABLE TO MANAGE THESE FOUR ALL AT THE SAME TIME, YOU SHOULD BE ALL SET!

Keep your Employment

Hep! Before you raise an eyebrow, let us explain how maintaining your employment is needed. We know that your heart has been hoping to quit your day job, but a steady and constant income flow is your first step to be closer to your goal. Try to aim for your salary to already cover your day to day expenses and monthly bills. That way, all of your earnings from the next 3 pillars will directly go to your savings pocket. We know there are countless reasons of quitting and it’s normal to feel that way. The key is to find your passion and get a job that you really like. You’ll be spending one-third of your daily life here so it shouldn’t give you any stress. Getting a promotion is a bonus. But remember that it’s totally fine to be a regular employee with less corporate responsibilities too because you’ll want those remaining hours to be focused on the other pillars. It’s not your salary that makes you rich anyways, it’s your spending habits.

Invest on Real Estates

This investment has been proven to be one of the top wealth builders because of inflation rates. If you have bought a property 2-3 yrs ago, we bet its market value has already appreciated. Which means that if you sell it, you’ll definitely get profit. Try to postpone the selling for a few more years and the property value will be even higher. Others get their ROI by renting out. If executed properly, you can go bigtime from this. There are a lot of things to consider so be sure to do your homework of analytical research before you make that big step of purchasing!

Buy Stocks

It won’t be as high-priced as real estate investing. Yes, it could be risky, and that’s why you’ll still keep your employment, remember? Spend some time to review the do’s and don’ts to manage the potential risk. You can also start with a smaller investment if you want. If numbers give you a headache, you may even opt to get a stock broker instead. What’s important here is the potential of growing your money even while you’re sleeping.

Own a Business

To complete the pillars, here’s to running a business of your own. Just like buying stocks, this one could also be risky. Difference is, it could eat up more of your time. As opposed to simply buying the stocks and be partly an ‘owner’ of a company, you are in complete control in this one. Now, maybe you’re wondering how you can run a business while you’re keeping your employment. It’s easy - work smart. Create a team and delegate the tasks. For instance, instead of spending a lot of time thinking how to market your business (which is, by the way, a must), let the experts handle it for you. It doesn’t necessarily mean that you’ll need to hire your marketing team because you can now pay for the service. X-Factor Digital Marketing is an agency focused on lead generation across all of the digital platforms. We focus on the 7 touch theory that states a customer must see your business brand 7 different times before they buy. Instead of having sleepless nights doing the work yourself, partner with us and let the pros hit your target market from every digital angle to make you appear "famous". Make your business known faster and get your ROI faster as well.

There you have it! It’s never too late to start securing your financial freedom. Go at your own pace but be sure to set your goals clearly. Invest on your knowledge about these 4 pillars. We’ll release more helpful articles to help you in this journey. We’re ready when you’re ready!

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