5 Things To Remember On Your Path To Financial Independence

Financial independence

We all want to be financially independent and build wealth, and deciding to embark on the journey towards financial independence is a big deal because it marks a fresh beginning with your money.

Below are 5 things to keep in mind as you embark on your journey to financial independence:

#1 You are taking ownership of your life

When you embark on your journey to financial independence, it means that you want to make a difference in your life - You want to organize your money, create an emergency fund, plan for your retirement and your children's education and build long lasting wealth. You want to do better and be better. 

#2 It will not be easy, but you can do it

Your journey to financial independence , will not be easy but is is very doable with a good plan, discipline and consistency.

#3 You will still make mistakes with your money and it's ok

You will still make mistakes with your money. Sometimes you might be unable to resist the urge to buy something new that isn't in your immediate budget and sometimes you will feel like ripping your entire financial plan to bits because it just doesn't seem like fun and that's ok. As long as you keep the reason why you want to be financially free in focus and make an effort to rebound quickly from your mistakes, you'll do just fine.

#4 Not everyone will understand your journey & that's ok too

Some people will laugh at you for wanting to build wealth, some will tell you that you can't do it, some will tell you to live a little and some will not like that you have to say no to them sometimes.  Again, all of this is ok.

If the people around you are nay-saying, talking you down or just not motivating you, shift your circle of influence. Instead, find people that are on your same mission and surround yourself with them.

#5 Remember, gratitude always

Go through all the things you already own and realize how blessed you are - do you really need more? If you feel like you just can't stand your budget anymore because it's no fun, reflect on all the progress you've made or stop and think about why you are really doing this and the type of life you are trying to achieve.

Remember, this is your journey and not anyone else's. For every setback you have what matters is that you make a comeback and that you come back better. If you want it bad enough, you will get there and when you do, it will be so worth it!

Bola Onada Sokunbi

Bola Onada Sokunbi

Bola is a Certified Financial Educator, money coach, finance writer, business strategist, social media influencer and founder of Clever Girl Finance, a platform that empowers and educates women to make the best financial decisions for their current and future selves and to pursue their dreams of financial independence in order to live life on their own terms.