Everybody says they want freedom.
At least that's what they tell me.
They always say “I want freedom!”
But they always follow it up with… “I just don't want to do the hard work required to attain it.”
I always want to say to them:
You already work hard. Right now you have nothing to show for it and you're always tried and frazzled at the end of the work day.
If you simply shifted focus onto achieving your freedom you'll still have to work hard but at the end of the day you will have something to show for it – freedom and success.
So rather than ending your days frazzled and tired, you could end your days wired and inspired, just like me.
And actually, achieving financial freedom so much easier than you think it is.
If you knew the 6 secrets to achieving freedom you wouldn't even think it was hard work, just plain old common sense.”
They don't listen so I don't bother talking to them.
You, on the other hand, have a yearning for freedom and a thirst for the knowledge of how to obtain it.
You wouldn't be here if you didn't want to know the secrets of freedom.
So for you, friend, here they are…
The 6 Secrets of Financial Freedom
Here are the 6 absolute ways you remain free.
Follow these rules and flourish, disregard these rules and fail.
The choice is yours, but never say you have not been educated in the ways of the free man.
1) Never go into debt for any reason
Listen to me clearly…
Debt is slavery.
- You will be enslaved if you take loans at interest.
- You will be a slave if you use credit cards.
- You will be a slave if you get a mortgage for your house.
- You will be a slave if you get a loan for your automobile.
Can you remember what I said?
Debt is slavery.
Eliminate all debt from your life immediately and forever.
If you remember only one thing in this life it it this: NEVER GO INTO DEBT FOR ANY REASON.
Never take loans for any reason unless these loans are at 0% interest.
Usury is slavery. You will not be free if you owe interest.
Don't get credit card for any reason. A credit card is a cleverly named debt card.
2) Never buy anything unless you have enough cash to buy 10 of them
It is important to pay cash for everything you purchase, but it is also important to have ENOUGH cash to pay for everything you need.
If you have 10k in the bank you should never pay 10k for an automobile.
If you have 10k in the bank you should purchase an automobile for 1k.
NEVER exhaust your money supply by buying something too expensive.
You should have at minimum 10X the amount of cash as the cost of whatever you want to purchase.
Never buy luxury until the luxury seems cheap.
Be happy with less because the reality is this: The more you have the less happy you are.
3) Pay cash for your house and automobile
I say: “Pay cash for everything you purchase!”
They hear: “Pay cash for everything you purchase except for your house and car, it's ok to get a loan for those.”
No, no, no, goddamn no!
Pay cash for your house! Do not get a mortgage, ever. Never!
Pay cash for your automobile. Do not get an auto loan, ever. Never!
You will never be free with a mortgage or an auto loan. it is only when you are free and clear of any and all debt that you are actually free.
The most enslaving device in this world is a mortgage, the 2nd most enslaving device is an auto loan.
Do not purchase ANYTHING unless you have cash money to purchase it.
If you don't have the cash to purchase a house, rent instead.
Or be a nomad like your ancestors were.
4) Don't work at a job, build a business
You already know this well: jobs are for slaves.
You give away the product of your labor to your boss (imagine grown men calling another man “boss”).
When you build your business you do exactly the same amount of work you do by working a job.
When you build a business you get to KEEP the product of your labor.
You get paid for doing your work but you also get paid in the future for the work you did in the past.
When you work a job you only get paid for what you do right now.
If the work you do right now makes the company 10 million dollars in the future you get to keep exactly zero of that extra future income.
However when you own and build your own business, you keep all of the future profits instead of giving away the product of your hard labor.
Building a business is win-win. Pick something your enjoy doing and do it every day.
5) Don't keep up with the neighbors
Keeping up with the neighbors habit of “buying” toys is a race to see who can be a bigger slave.
“Honey, the neighbors bought a new 100k boat with a loan. We should buy a 200k boat with a loan to show them who is more successful!”
The most successful is the one who has these 2 things:
- No debt
- Cash ready to spend.
Your neighbors are grown-up children, they see toys and they have to have them, no matter what the cost is.
In the end these toys cost you your soul, so don't keep up with the neighbors. Let them drown in their own greed and stupidity.
6) Never be greedy
It is your own greed that enslaves you.
To understand how greed enslaves you, you must understand our money system…
Money is just a means to an end. Money is not inherently valuable.
Our money is not backed by gold. Our money is created out of thin air by the central bank.
They give this money created out of thin air to you as a loan They ask that you pay interest on this money that was created out of thin air.
They want you to pay back more money than exists in the world.
The secret of loans is that they can never be fully repaid.
There is not enough printed money in the world to pay back all of the loans in the world. The money supply is not big enough to pay back loans.
What does this mean?
If you do not have the backbone to say no to buying stuff you will be in constant debt to the money lenders.
Until you get out of the usury business you are always a slave. To get out of the usury system it is only necessary to give up greed.
ALWAYS BE VIGILANT.
Understand that debt is not necessary for you to live. It is a tool of slavery.
If you want to be free, you have to understand this money system exists only to enslave you and this system exploits your need and greed for new toys.
All you have to do, friend, is say no.
Make your money the old-fashioned way, by doing some type of work or service.
When you have enough of these dollars in your pocket you can buy a house, a car, a whatever.
But never buy this stuff before you have the money. Never let greed takeover your life because it is your simple-minded greed that allows you to be enslaved.
Don't be greedy and don't be stupid anymore. You are now armed with the knowledge of how to obtain freedom for yourself and for your family.
What did we learn about freedom?
- Never go into debt for any reason – Debt = Slavery, this is not hyperbole it is reality.
- Never buy anything unless you have enough cash to buy 10 of them – Spending cash haphazardly will force you to do stupid things to obtain more money.
- Pay cash for your house and automobile – Home and auto loans are the biggest hurdle to achieving freedom.
- Don't work at a job, build a business – A business of your own is how you obtain future wealth rather than being paid a day wage for your precious time.
- Don't keep up with the neighbors – Being envious of the neighbors toys and gadgets will take you right to the bottom.
- Never be greedy – In the end, you will understand that is was your own greed and naivety that enslaved you.
These 6 simple steps show you how to stay free my friendly friends.
The rest is up to you…
Will you achieve freedom?
Or are you perfectly happy in slavery?
Who knows, friend.
They all say they want freedom but when it comes right down to it, I'm not so sure…
Until next time.