All people struggle everyday to make their lives financially independent and to become financially independent, you need to collect enough money to keep you fresh. You'll need money to help you pursue your dreams, buy your necessities and help other people you want to. Most times though, you get yourself trapped in a money maze where money comes and goes without your control.
I know that everyone wants money. I also need money. That's why I wake up everyday ready to put content online and do a bunch of other stuff. In a money-chase lifestyle, some days are good and others are bad. You'll get money, but soon or later, all of it slips out of hand.
How people depend on others financially
1. Youths
Most youths depend on their parents for financial gain. They go out to look for money and when they fail to get anything, they run back to mummy for back up.
2. Adults
Adults depend on their partners for cash outs. They also end up running to loyal friends for help. These friends will give them money freely and not ask for payment.
As time goes, most people give up and run for job applications then they'll finally end in an office. In that office, they'll work till retirement then bounce off to wait for their deaths.
That's a lively chain and most guys will end up in it, but in this article, I'll take you through a path that is likely to save you.
What makes you dependent
Once you know what makes you dependent then you can try to figure out how to tackle that source. These can be your parents, friends or relatives. They are guys who have money to help you each time you go to them.
Look for the cause, but I assure you that you are likely to automatically know that cause if you are ever trying out different money generating methods.
Take an example of your friends or family. You will run to them several times and you'll probably be failing in most ideas you put their money in. Soon, those friends will get tired and you'll be left alone. That's when you get to know that you have to get independent to roll your life on.
Steps to trying to be financially independent
I used "trying to be financially independent" for a reason. It's difficult and most times, you'll fail. Remember that once you get a job, you will mostly continue hustling with debts, but if you can get to know how to use your debts well, you also have a chance to get financially independent.
1. Getting alone
Get off the dependency game, by finalizing with a closing balance. In accounting, that's the money remaining after a financial period.
To get that balance, you have to analyze where you are planning to put your last bunch of money. Do you want to start a business, get a good paying job or maximize on your skill like singing? Write the financial goals down and draft the ultimate capital that you need to start off.
By "ultimate capital" I mean the lowest possible amount you need to start off. That capital is in most cases able to run you for one digit weeks. Most times, it isn't you who will think about it, but you'll be forced to when your parent says no to all your business financial needs.
You'll then have to ask for that amount and state that it's the last time you are ever asking for capital from them. Surely, they'll give you that money. Now comes the time to budget that minute amount.
2. Learning work
Once you are alone, you'll realize that if you don't work, you don't earn. That will make you take your work very seriously. Most times when you have something to fall back to, you don't give your best to every task you do.
Watch your work. Remember that to be independent, you need very many sources of income. That means that you have to work extra hard, identify money opportunities and not waste time on useless stuff.
3. Looking at the future
Next, you'll have to look at what you have for your future self. You don't need to continue working as hard as you have been because no one wants to. You'll then look forward to employing a bunch of guys to help you out.
End note
This is a note to your heart "Work hard. Money looks for no one". Everything ends. Thanks for reading. Got any questions? Simply put them in the comments section. You can also help me decide on what to write next by contacting us on our contact us page and specifying your main intent in uppercase.
AUTHOR
Emmy Jayson
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