financial freedom queconomics

45 Tips for Financial Freedom – let’s go!

Queconomics – How often do you worry about “expensive money”? If you regularly ask yourself why so much of a month is left at the end of the month, you need two things above all: strategy and discipline. But wait, this sounds harder than it is! Because if you look closely, there are plenty of opportunities to cut expenses – and each time, you take another step on your path to financial freedom! That way, big words like “save,” “take a step back,” or “tighten your belt” are less painful. The trick is to start. This article also proves that this gives you the inspiration you need: Here, we’ve compiled 45 specific tips for financial freedom. Now go and get closer to your goal of financial independence and getting out of debt!

The total makes the difference.

Definitely: in the end, we are talking about large sums that make the difference in the long run. The amount of real wealth – as well as the vast debts – must first be accessed. They both work on the same principle because everything comes together in the aggregate. Therefore, our tips for financial freedom are pretty different, as you will see shortly. Above all, they serve you as examples that you have to accept and implement yourself and your financial security in old age. But the longer you stick to it and the more critical it is to achieve your financial freedom goal, the faster you will reach it. So what are you waiting for? Here’s the list – let’s go!

45 Tips for Financial Freedom

Your way to your goal:

45 tips for financial freedom

  1. Watch expenses
  2. Keep a budget book
  3. Keep receipts
  4. Deposit big bills
  5. Keep costs less than income
  6. Explain to yourself: consumption is not the meaning of life.
  7. watch debts
  8. Be careful when paying in instalments
  9. If necessary, reschedule the overdraft facility into “regular” loans.
  10. Job change: ensuring a smooth transition
  11. Save money at the beginning of the month and manage the rest
  12. Consider call money or a savings account: interest pays and should be taboo for “normal” access!
  13. Find your savings rate
  14. Create a money cushion and let it grow
  15. Explain to yourself: Knowledge is capital.
  16. Knowledge specialists
  17. Network and use of knowledge
  18. Make it clear to yourself: Your time is capital – use it wisely!
  19. Learn from others who have had similar experiences
  20. Learn how to make the most of search engines
  21. Use freely available sources of information
  22. Weigh EveryOne: Is This Advice for Financial Freedom Right for Your Situation?
  23. The crucial question: Don’t fall for expensive recipes for miracles
  24. Find alternative sources of money – also with creativity
  25. Read what will make you progress
  26. Listen to the right podcast on the go
  27. Use a role model for inspiration
  28. Work with system
  29. Educate yourself financially
  30. Get advice – to understand everything for yourself
  31. Weigh decisions carefully – take the time you deserve
  32. File a tax return – the money can come back here!
  33. Not looking for motivation in money – what’s the point?
  34. Use your passion
  35. Don’t overthink about financial security
  36. Invest wisely
  37. Invest only in what you understand or what works for you
  38. Risk weight
  39. Develop good habits
  40. Get rid of the vice
  41. Set priorities – and act accordingly
  42. Maintain social contacts
  43. Set goals and medium goals
  44. Pursue goals with perseverance
  45. Reward yourself for achieving (medium) goals
  46. Discuss goals constructively with positive voices
  47. Believe in your goals.
  48. Make it clear to yourself: everything has a learning curve.
  49. Please don’t do it all at once
  50. Projects: Plan, Get Started and Go!
  51. Cut down on the essentials: Sell or donate what you don’t need – this also applies to cost factors such as technical equipment.
  52. Avoid impulsive buying
  53. Don’t make blind ads
  54. Buy only what you need
  55. Sleep on it another night to show yourself if something is really necessary
  56. Pay cash – get a tangible feel for your money!
  57. Plan your weekly shopping instead of going shopping every day
  58. Write (and stick to) a shopping list
  59. Grocery purchases on a weekly plan – we throw around $250 in groceries each year (on average per person).
  60. Constantly compare prices for contracts, electricity, insurance, purchases, etc.
  61. Watch for inexpensive alternatives, for example, to go from A to B.
  62. Deal with sharing concepts
  63. Develop a general awareness of incidental costs
  64. Turn off the water when brushing your teeth
  65. Take a bath instead of taking a shower
  66. Turn off the light when you leave the room
  67. Use energy-saving lamps
  68. Don’t just turn on devices in standby mode. Turn them off completely
  69. Pay attention to the energy balance when purchasing appliances
  70. Run the washing machine only with a full drum
  71. Load dishwashers correctly
  72. Making unused living space available to others – generates income from rent
  73. I cook at home more often
  74. Bring lunch from home – to work, to university, while travelling
  75. Buying groceries in the market
  76. Giving preference to healthy alternatives in drinks, foods and habits in general
  77. Last but not least: Always keep your goal of financial freedom in mind!

Allow yourself to be inspired and find your steps on your path to financial freedom.