STEEMCHURCH: THE KEY TO FINANCIAL FREEDOM!
Ladies and gentlemen of the SteemChurch,
'Peace be with you!'
Previously this Knight posed the question - what does freedom mean to you?
There were a variety of answers, however one theme that ran through the answers was 'achieving financial freedom'.
Now this Knight does not need to do a video blog to help you understand the key to building wealth and financial freedom, as the key is one simple mathematical formula.
Now don't expect to learn this mathematical formula at school or university. Governments of the world have tried to hide it from their citizens for thousands of years.
The ultra-rich of course understand this formula very well and it is incorporated into everything they do. Again, they don't want you to understand it. However this Knight will share it with you now...
And he wants you to tell everyone!
When this Knight drops the formula into this post - it will be a light bulb moment for you. It will be like you have always known the secret, but never understood it. And it will be as though you have just be placed on the road to true happiness.
Alright ladies and gentlemen - without any further ado...
The key to building wealth, achieving financial success and ultimately leading to total financial freedom is:
EARN > SPEND
That is it, all there is to it. Earn more than you spend.
Never, ever, ever forget this formula and SirKnight will never, ever, ever let you forget this. It is so simple.
Well so simple in theory. The problem is governments and corporations want you to SPEND, SPEND, SPEND!
They give you credit cards and loans to help you spend. They bombard you with commercials and media, labeling you a failure if you don't have that new car or TV or computer, or if you don't eat at the latest fancy restaurants.
Surely God would know this secret to building wealth. And surely he would do all he could to ensure financial freedom for his worshipers?
Of course he did!
Exodus 20:17 (NIV)
“You shall not covet your neighbor’s house. You shall not covet your neighbor’s wife, or his male or female servant, his ox or donkey, or anything that belongs to your neighbor.”
Pay no attention to the wealth of others, displayed or otherwise. It simply doesn't matter and is quite frankly, none of your business.
At the same time note this - truly wealthy people only display a very small percentage of their wealth - they don't want everyone to know what they have.
Live in a manner that is both humble and financially smart. And be sure to educate your spouse and children about why you live this way. It is important that all members of a family are united in their financial attitudes.
Be well friends.
This is a sure guide to financial freedom indeed, allow me add the word - "INVEST" because as much as earning is good, a good investment creates a platform for us all to earn Even more. so yeah it's EARN > SPEND!
Interesting read! It will be so difficult to save if earn < spend . This is one reason I like to be contented with the small things I have. Contentment would aid a person to live within his/her means. Excess spending often leads to debth.
What did the bible say about debt again? :) A borrower is a slave to the lender. The sad result is working entirely to pay a debt.
It is definitely good advice. earn more than what is spent. You have to avoid buying too much on things that are not a priority. we must be aware of what we earn and be good priests knowing how to spend, thanks SK
Very well said my able @sirknight. Even the bible says we shouldn't envy the wealth of the unrighteous. I have trained myself ever to live above my means irrespective of what anyone thinks. I'm not living my life to please anyone so why would I spend more than I earn just to show off. It's not a competition! Once, we can cut our coat according to the material available then financial freedom is ours through Christ.
Great reminder @sirknight, God bless you
You are one of the financially savvy ones Ammyluv - you are living 'within' your means. You need only educate others.
SK.
First of, congratulations on hitting reputation of 65 it's a beautification milestone.
Well that's the best way to achieving financial freedom, many people do not know this, making more money than you spend will keep you financially stable and able to maintain instead of falling into bankruptcy with spending and spending and spending, amazing words of wisdom from the knight himself
65 - cool. Thanks Jose.
Great post @sirknight ,earn more and spend less. it is very key in becoming financially free,if you spend more the person goes into debt and the income won't be enough anymore to meet up his/her daily needs,so we need to learn how to manage expenses.Thanks for sharing.
My Father always told me this SK and listening to him from an entrepreneur like you, encourages me to treasure this valuable advice. I'm supposed to teach it at home as you say, so we can all encourage smart spending. Thanks friend
This a great lesson from a great leader to us . Thanks for enlighten us SK
Thanks BigS. Glad you like it. SK.
Almost everyone know or at least have heard of the key to financial success but we don't follow it or tend to forget it, maybe because of environmental influence and government influence.
Thanks @sirknight for reminding us again the key to financial success.
Yes, it is very simple Fatherfaith, living it is the difficult part.
Deep lesson by the great Knight. It is God's will that we live within the provisions He affords. God does not want us to stretch beyond what He gives us.
CONTENTMENT IS THE KEY.
Thank you @Sirknight