Financial Freedom The best ways to achieve it!

Today in the globalized world in which we are developing we hear a lot about entrepreneurship and how to achieve it. One of its forms is working in the Financial Freedom which is to live the lifestyle you want without having to work and without depending on anyone.

What is financial freedom?

Financial freedom is living with a sufficient income that allows you not to have to worry about money, to own your time, to do what you like. A person has financial freedom when:

• Live how you want
• You don't need to work
• Do not depend financially on anyone (call it family, friends and bank).

Financial freedom is not the same for all people. Example: For a person it could be living near the sea all year round or suddenly having the dream vacation once a year. For another it may be to travel and get to know several countries and to do so they consider that by leaving work they would have enough time to do everything they want.

Achieving financial freedom does not mean that you will stop working. You can do it and carry out other projects that you have in mind and they can give you money. One of the benefits of this is that you are free to make your own decisions and manage your time as you wish.

Step 1:

One of the first steps that we must know to be Financially Free is to know. How much does the lifestyle you want cost? For this, it is good that you grab a sheet of paper and a pencil and calculate the amount of monthly or annual money you need to live as you want.

Example

Make a list like this:

Monthly Annually

House 300 3.600

Food 550 6.600

Health 140 1.680

Clothing 220 2.640

Transportation 200 2.400

Hygiene 120 1.140

Insurance 160 1.920

Development 150 1.800

Vacations 340 4.080

Fun 280 3.360

Other 40 480

total: 2.500 30.000

Step 2:

You have to find a way to generate more enough passive income. At this step, you have to investigate what type of passive income is convenient for you to carry out.

What is passive income?

It is to generate an extra income without spending a lot of time and effort. Or simply invest in something that allows you to accumulate a certain amount of money and live on the interest generated by it. As you can also decide to generate income from different sources. For example: home rental, book sales, used car sales, etc.

These types of income have the great advantage that they allow the person to develop financial freedom and gradually become independent from the salary of a job.

We may think that we will never have financial freedom, but seeing the possibilities that we have today I know that we can achieve it and the faster we work on it, the faster we will get it. The detail is to start and not let yourself fall along the way.

Benefits of having Financial Freedom

• You earn money by working fewer working hours
• Opportunity to create your own lifestyle (which is being an employee or freelancer)
• Not having to account to anyone except your own customers.

PREMIUM QUALITY

There are 3 types of passive income:

residual income

It is an income that occurs over time and that comes from work done only once. Examples: insurance salesman, the owner of a restaurant, a marketing consultant who develops an ebook on sales techniques and receives a commission among others.

We can compare it to recurring income, which is the type of income you're always working for, like a consultant, salesperson, writer, etc. You have to dedicate hours and hours, day after day, week after week, to be able to earn a commission for your service. In both cases, the key is to leverage your business and hire more staff, which means more fixed expenses but peace of mind for your business.

leveraged income

Leveraged income is what allows you to take advantage of the work of other people who generate income for you. Examples of them we have: manager of a sales team, the author of an ebook that sells their product, a contractor, etc. A leveraged income can also be a residual income or a combination of both.

Active Leveraged Income

It is another alternative but this demands your participation directly. But it has the benefit that you will generate more income the more people you attract. Example of we have: training courses, seminars, a conference or convention, a recital or a concert, parties or evening events.

Technique to generate passive income 

• Create something that you can sell without modifications (house, courses, book, guide, etc.)
• Create a funnel to attract public to your product (there you can use facebook, use blog among other things)
• Provide a minimum service to the customer (although it is passive, that does not mean that you cannot serve your customers)

Product update (your product will expire at a certain time, it is a matter of updating it to make it more attractive to our customers). Some advantages of passive income are: it is that this passive income gives the person the opportunity to continue with other activities that are of interest to you.

The time investment you have to make in this type of activity is minimal. The money you receive can be invested in whatever you want. Since this is an activity where the only one involved will be you and you would not have to worry about other commitments other than your own.

Passive income ideas online

1. Sponsored posts on instagram.
2. Selling products or services on instagram.
3. Write an ebook or electronic book to sell it on amazon, google play.
4. Multi-level marketing is when a company allows you to promote its products. It also allows you to create your own network of employees to fulfill your needs. (Herbalife, Amway, Avon, and Tupperware)
5. The podcasting.
6. Inversions in actions.
7. Create a YouTube channel. (creating advertising videos, commercials and merchandising)
8. Patreon (you create content for them).
9. Create your own online course.
10. Creation of mobile apps.
11. Amazon affiliates.

If you still have to work hard, isn't it worth it to distribute your money well and seek to be a financially free person, and be able to carry out the projects and things that make you happy? What do you think about your financial freedom and are you doing to have it?

Money is an inexhaustible source, that is, the fact that millionaires have more money every day does not mean that there is less money for others.

"If you don't work for your dreams, someone will hire you to work for theirs" Steve Jobs

One of the things we hear the most is that we must be patient and hopefully things will come along, but this case does not apply to money. If you keep waiting for it to appear in your life magically without any effort. You will only receive news from other people who did not want to wait and went for their wealth to achieve your financial freedom.

You will only receive news from other people who did not want to wait and went for their wealth to achieve your financial freedom.

Practical tips

To obtain the financial Freedom that we so much desire, it is important to take into account and write down some really important aspects regarding the income of resources to our pocket. For example:

1. We must have a proactive attitude.
2. Constantly looking for what to invest money in your leisure time.
3. And start business.

One of the ways to achieve wealth is to stop being an employee and become an entrepreneur. People truly shape their lives through their thoughts and what they believe.

Money is a form of status. But what is more powerful is financial education. Because money comes and goes. But if you have the education of how money works, and gain power through it and generate wealth. Positive thinking alone is not enough, you have to have the education to know how to deal with economic ups and downs.

If you learn the lessons of life, you will do well. If not, life will just keep pushing you. People do two things. Some just let life push them. Others get angry and push back.

Life takes us all down uncertain paths. Some give up before they get there. Others keep fighting until they reach the goal. A few learn the lesson and move on. If you don't learn the lesson, you will spend your life blaming your job, your low salary, or your boss. You will live your life waiting for that great opportunity that will solve all your problems and that may never come, unless you give it the opportunity.

Most people expect the world to change, except themselves. It is easier to change yourself than to change others.

"The poor and middle class work for money"

"The rich have money working for them"

(Rich Dad Poor Dad Robert T Kiyosaki)

When it comes to money, most people want to play it safe and feel safe. So it is not passion that guides them but fear.

You have to learn to have money working for you. Fear is what keeps people in their jobs. Call it fear of not having enough money, fear of getting fired, fear of not having enough money, fear of starting something new. Learning to have money working for you is a lifelong learning.

Mind Your Own Business To be financially secure, you need to mind your own business. First lesson if you work for money, you give power to your employer. If your money works for you, you hold and control the power.

Possible obstacles

One of the most frequent questions that every individual asks is where their daily life takes them, but once people have studied and become entrepreneurs, they still have to overcome obstacles to become financially independent. These are:

1. Fear
2. Cynicism
3. Laziness
4. bad habits

The fear

You need to overcome the fear of losing money. The detail is how the person handles losing. how to handle failure, what makes the difference. And that applies to everything in life, not just money. We have to be brave and let go of fears and get out of our comfort zone.

overcome cynicism

It is losing fear and knowing that even when you have people who criticize you or tell you that you can't, you continue with your projects. Do not let yourself be tormented by what they will say.

Laziness

The problem today is that there are millions of people who feel guilty about their ambitions. And then they get lazy to start opening paths. You have to let go and start going for new things.

Bad habits

Our lives are a reflection of our habits. It's important to change them if we want different results. If they affect our relationships and our daily lives, we need to put a stop to them.

Arrogance

When you know you don't know about a topic, start by educating yourself. It is important that we are honest with ourselves and if we do not know something, seek advice from someone who knows about the subject.

What we need to understand in this case is that we have a reason bigger than reality. The reason we want to undertake is to achieve financial freedom. Secondly, choose your friends carefully every day. Another important aspect is mastering a formula and then learning a new one: the power of learning quickly. In other words, be careful what you study and learn, because your mind is so powerful that you become what you put into your head.

Fourth, pay yourself first; the power of self-discipline. If you do not have control over yourself you will not be able to advance in your goals. Pay your advisors well. The power of good advice is very important when you are undertaking. Heroes are needed who make it look easy to invest. Knowing that investments buy luxuries, it is good to seek advice.

Be an Indian giver. The power of getting something for nothing. This was a practice practiced by Native Americans. Teach and you will receive the power of giving. If you want something, you must first give. Stop what you're doing, evaluate what's working and what's not, and look for new ideas to put into action.

"Money is just an idea. If you want more money, just change your mindset." Robert Kiyosaki

The key to the Financial Freedom and great wealth resides in the ability or aptitude of the person to transform passive income and or portfolio.

6 Habits to achieve Financial Freedom

In this section of the article, we'll describe the six habits necessary to achieve financial freedom. These are:

Have a clear financial goal

If you don't have clear goals, you'll have a hard time achieving them because you won't know where to go or which direction. It's important to know: Why do I want to achieve financial freedom?

Everyone will have their own answer here. But the most important thing is to be clear about whether you're really willing to do it. Once you're clear about your goal, it's a good idea to write it down so you don't forget. Then, you should consider the amount you'll need to achieve your goal. Your goals may change over time. It's also important to set medium- and long-term goals.

Set your time horizon

Once you know your reason and how much money you need each month to achieve it, you need to set a timeframe. It's advisable to keep it short but achievable. This timeframe can vary depending on your goals, and they can be short- and long-term. Your goals are most likely measured in years. Perhaps three or five years is a reasonable minimum for investments to yield results.

Share your goals

It's good to share your goals with people around you because they will, in some way, push you to achieve them. And they can support you in the moments of discouragement when you think you can't go on.

have healthy finances

What this means is that you have to know how to manage your money. Because by generating new income, you'll have the freedom to spend more. But if you don't control or manage it, you'll spend it all and won't make any progress.

Automate your savings and investments

Thanks to more advanced technology, we can automate your savings and investments more easily. Automate your savings, which means we know how important it is to have savings and use them as a safety fund. So, while you're building your savings fund, the ideal is to automate your savings. And how do you do that? You might think, well, all you have to do is enter a standing order in the bank to transfer a certain amount of money (for example, 20%) of your income to your safety fund every month.

In this way you will not be tempted to spend all your income. The other thing is to automate your investments when you have already established your security fund is the right time to automate your investments. That it is very simple if you decide to invest in the stock market, you enter a standing order so that an amount is transferred to your broker account every month.

Think long term

It is very important to think long term when investing. And preferably make it assets that have always existed. Within those assets I recommend having a long-term horizon. One of them is the stock market, which although in the short term has its downfalls, in the long term as a whole they have a clear upward trend.

In the same way we have the option of real estate investments, physical or online businesses that have recently had a surprising boom and that we must take advantage of this opportunity to do so.

Based on this, we can summarize that one of the most important points is to be clear about your financial goals, and then to have clear finances. Learn to invest and apply what you've learned. Don't rely on just one source of income, automate your business and investments, and finally, project your long-term vision. To get an idea, you can visit Entrepreneurship projects, a comprehensive article to get you started.

One of the things that we must also take into account is that people who have high incomes do not have financial freedom or assets. Since they continue to live with high standards, which do not support having a single income. Unlike people who have medium or high incomes, and who work hard, persevere, plan, undertake and / or invest, and live without many luxuries, they did accumulate money and prosperity. That is financial freedom.

Common denominator:

1. They live below their means without any desire to appear better.
2. They plan their time, energy, money efficiently, and continue to grow their assets.
3. They place more importance on achieving financial freedom than living a life of high social status.
4. When they were starting their project they had no help from their parents.
5. His older children are financially independent.
6. They are competitive and know how to detect new opportunities in the market.
7. They chose their correct occupation.

Most of these people are entrepreneurs; business owners and self-employed. These people can continue to maintain their life status even without working. They are people who are thrifty and like to invest in businesses from which they can make a profit.

There are also a number of steps that will help you achieve financial freedom, such as keeping expenses below income, saving excess work, investing savings to generate new forms of income, and exploring new income opportunities. .

To keep expenses below income. I set as a goal to keep fixed expenses to a minimum and allocate 50% of my salary for savings and investment. Maintain a consistent long-term investment through index funds with traditional banks. In addition to this, we must constantly be looking for new investment options to speed up the process of financial liberation.

Levels

Financial Survival

If you're at this level, you're someone who lives day to day, and your expenses are equal to your income. To move beyond this level, you must build up an emergency cushion, save, and invest in new projects to overcome this level.

Financial stability

Being at this level means you live a slightly more comfortable life, not living day to day, and you can save a little for the unexpected. This means that everyone should be at this minimum level.

This allows you a margin of flexibility and peace of mind that you couldn't afford before. In other words, your income fully covers your expenses and also allows you to save for an emergency fund.

Financial Security

At this level, you've already achieved financial security. Your income covers your daily expenses, and you have a margin for an emergency fund. Now it's time to study how the financial world works to reevaluate your potential investments, so you can generate more profit and greater returns. In short, you should look for sources of passive income to continue growing financially and reach your desired level.

Financial Freedom

Already at this level, you are already financially free, and your passive income covers the standard of living. You have the time available to dedicate yourself to everything you want without worrying that if you reach the end of the month.

Financial Abundance

In several classifications this level does not exist. When you live in abundance it means that your passive income far exceeds your expenses. At this level you can lead an excellent standard of living and you could even make riskier investments since you will have more money than you need to live. You will be able to afford luxuries that you could not before and live with much more ease, only based on your passive income.

Financial freedom through passive income

Next, I am going to recommend 3 ways to achieve financial freedom through passive income, such as:

Real estate (real estate market)

An investment to be really profitable in the real estate market must give you at least 10% per year.

Flips

What is buying a house, repairing it and selling it?

Financial assets (Stock market)

For example, dividend stocks are when a company invites you to buy a share and not sell it, but to hold it over time. They promise to pay you a percentage of your investment quarterly in exchange for your holding the share.

own entrepreneurship

What is having your own business? You have to find what you are really good at and how to contribute it to society. It is getting out of your comfort zone and facing new challenges that your own creativity proposes to you. And have a lot of determination to achieve what you set out to do.

Keys to obtain Financial Freedom

1. Think carefully about how you want your life to be and why you want to achieve financial freedom, having this defined is easier to achieve.
2. Save money. This will help you in the various steps you take toward achieving financial freedom. And most importantly, this should become a habit for you.
3. Increase your income while you still have another job to make a living and you still haven't achieved financial freedom, try to get better at what you do so your income can increase.
4. Always maintain your standard of living even if your income increases. You have to be cautious, because you never know if you'll need it later.
5. Control your expenses, this is very important, do not spend more than you earn.
6. Don't go into debt. What this means is that it is preferable not to borrow too much until you achieve a level of slack in your finances.
7. Focus on what matters most in your life and what you want to achieve. So you can focus on achieving your goals. And achieve your desired financial freedom.
8. Invest in yourself. Educate yourself, read, and study. Invest in better options for earning passive income.
9. Get closer to the best.
10. Avoid limiting beliefs and analyze your relationship with money. Eliminate the "I can'ts" from your mind regarding success and money.
11. Invest your money (wisely) which means that you have to study how to invest so that your income grows and multiplies.
12. Work to have assets that generate passive income.
13. Be patient and be constant.

Another concept we must understand to achieve financial freedom is what it means to be an entrepreneur. An entrepreneur is someone who has the attitude and aptitude to undertake or begin new challenges, in order to advance to a new level that allows them to grow.

And entrepreneurship is what this entrepreneurial person does to go from being a dissatisfied person at work to a person with financial freedom.

To be an entrepreneur, you have to have the desire to innovate and take risks on a project, and above all, you have to believe in yourself, that you can carry out all the projects you have in mind and find a way to make them a reality in your life.

Depending on the type of person you are and the type of project or business you want to pursue, there are different types of entrepreneurs. Each entrepreneur has a different business vision for how to lead their company to success.

It's of great value when creating a project or business, whether it's physical or online. The entrepreneur must apply his or her skills to create an innovative business that will surprise others by being a different option from what's on the market. Not everyone is prepared to be an entrepreneur and succeed.

Characteristics of an entrepreneur

• You have to have initiative: a business entrepreneur must have initiative to achieve the realization of their ideas and put them into action despite having the scenarios against them. And above all, don't be afraid to fail.
• Have the resources to start your business. It's essential for entrepreneurs to have capital available to finance their projects. And if an emergency occurs, they'll have the resources to cope.
• Be attentive to the opportunities that may present themselves at some point.
• It is important to be risk tolerant as these are highly likely to occur while you are starting a business.
• For an entrepreneur, it is vitally important to create and innovate their creation in order to improve their product and make it increasingly attractive to potential customers.

Objectives 

1. Start your project or business.
2. Get benefits from the results.
3.  And have good earnings and income.

What do I have to know to undertake?

1. Entrepreneurship is a learning process where you may fall a few times, but you must know how to get up and keep trying until you perhaps find a different way of doing things.

2. It is important that you ask yourself the reason why you are undertaking and if this undertaking is going to provide any benefit to your community, it is better that you do not do it.

3. Listen assertively to those around you in the market you want to enter so you can offer something different from what others offer their customers.

4. It's important to define a strategic plan that will allow you to carry out your project. The mission and vision you have for your project are also important.

5. Take advantage of every opportunity that comes your way. As the saying goes, if life gives you lemons, make lemonade. And if you do not have knowledge in that project, seek advice in the area but do not lose them.

6. Innovate and register your brand. Because if the business succeeds, the brand you created will become your most important asset.

7. It's important to surround yourself with people who know more than you do about the field you're entering for the first time. They can contribute ideas to your new venture and provide an opportunity to grow your knowledge in the field you're developing.

8. It is important when starting a business to have the help of a mentor, who is the one who will advise you on how to do things at a given time. And that two people working towards a project is better than doing it alone and without help.

9. You have to add emotion to your venture. You have to put heart and feeling into it.

10. It's important to make an estimated projection of what you need to start the project, how much capital you should have, and your potential income and expenses. It's important to be as detailed as possible.

11. Don't let fear dominate your enthusiasm when starting something. It is known that starting a business or project is a total uncertainty. Keep positive mind.

12. Don't forget the plans and goals you've set for your business.

13. Remembering that your employees are your first customers is vitally important. Since having a motivated happy employee gives rise to continue contributing positively to the company.

14. Never stop dreaming. To expand your knowledge as an entrepreneur, visit online franchises.

Benefits

• You are your own boss.
• You work on what you really like.
• Seeing your project born from scratch makes it more exciting because it's your project, your company, your business.
• Exponentially increase your income. There will come a time when your income will be greater than what you would earn as an employee.
• You have the power to manage your time as you want. Without ceasing to watch over your company but you will have people who help you to make your business run even if you are not present.
• You are the one who selects your staff, it is your power to find the best in your area to help you boost your business.
• You're helping to improve the environment. Because what you're doing will help the community in some way.

It is important to emphasize that the success of a company will only depend on you, your attitude to undertake, the knowledge in the area you have, the type of business, your marketing plan and your financial freedom.

Another key factor to have financial freedom and not fall into the attempt is knowing how to save properly. And what is knowing how to save properly, we will give you some tips:

• Always study the amounts of the income of the expenses you have. and from there calculate the time it may take you to achieve your goals.
• Create a budget where you plan your income and expenses.
• Use the technology we have available today to control your savings (and always have your budget at hand).
• Comparing prices is saving money. When you go to a store, don't rush into buying; first, compare the options available.
• Prorate your annual expenses to know how much you will allocate to each concept.
• It is important to have emergency funds in case we have an eventuality and we can allocate them.
• Be careful not to get carried away by misleading offers. (take advantage of sales times)
• Traveling in advance: Traveling involves a significant expense, but if you plan ahead, it won't result in a very expensive trip.
• Traveling in company is also a way to save because of sharing expenses.
• And not spending compulsively is very important, if you don't have a strict need, don't do it.

The most important assets for financial freedom. Financial assets are the resources a business owner has to make money.

Characteristics of a financial asset 

Financial assets are a vital part of our economy and are used to carry out different economic operations.

Cost Efficiency:

Which is nothing more than the relationship between the benefits of an operation and the investment you have made to achieve it.

Risk:

Which is nothing more than the possibility that that asset suddenly doesn't have the acceptance you initially thought it would.

management

It is the ability of the asset to be transformed into money.

The most profitable financial assets to obtain passive income

Currently the most popular are:

Investment in cryptocurrencies

Cryptocurrencies are currently one of the most popular, as their exponential growth in profitability for investors is significant. However, some cryptocurrencies are very unstable, which can lead to significant gains or even complete loss.

The important thing when you decide to invest in these types of assets is to know the right time to buy them and wait for the right time to sell them.

Types of cryptocurrencies:

Bitcoin is the top cryptocurrency. This cryptocurrency was launched in 2009 as the first digital currency in history. And it's one of the most widely used.

Litecoin is a second-place cryptocurrency, considered the best alternative to Bitcoin. The difference between the two is that it has a lower value, typically ranging between $2 and $3.

Primecoin is another of the most widely used cryptocurrencies. Its distinctive feature is that its system is based on prime numbers. It's also faster than Bitcoin, with a speed that's 8 to 0 times faster than the previous cryptocurrencies. The downside is its low market value, which is $10 per unit.

Namecoin is one of the least used cryptocurrencies because it's used to create business addresses. Once created, these addresses are sold to interested parties. It's a very good long-term investment, even though its value is $0,5.

Ripple the operation of this cryptocurrency is similar to the first since all its transactions are made in real time and are very fast. Its virtue is that it has its own currency exchange system.

Dogecoin, in this system, is the cryptocurrency Litecoin. Its advantage is that its system generates blocks faster per minute. Because of this, it's capable of performing 40.000 transactions daily. Its value is around $0.00015 per unit.

Ethereum, this system, came onto the market as an update to Bitcoin. It can carry out a large number of transactions.

Dash is a more open cryptocurrency these days, as its transactions are made public. Its current value ranges between $20 and $23, the only difference being that to join the system, you must invest at least 1000 Dash.

https://www.youtube.com/watch?v=87oeRrFCo5M

Advantages and disadvantages of cryptocurrencies:

Advantages:

• They are universal currencies that are not regulated by any government institution.
• They are safe, it is impossible to falsify or duplicate them.
• Some cryptocurrencies are deflationary.
• Your transactions are irreversible.
• They are immediate.
• They are transparent, since all transactions made through Blockchain are public.

Disadvantages:

• It's possible to lose money. If you lose the private key to access your wallet, you lose the money you had in it.
• Changes and lack of regulation. They are currently working on them.
• There is still mistrust in its potential users.

Due to the boom that cryptocurrencies have had in the world. It is predicted that for this decade of 2020 the increase in people who own and use cryptocurrencies will continue.

Stock market investments

Stocks are the first financial assets that represent a part of the capital, where it offers investors participation rights. Depending on the fluctuation of the value of the company, investors will obtain profits or losses.

Advantages:

• They are investment opportunities that can generate profits.
• When investing in the stock market it is difficult for the entire investment to be lost.
• It offers a wide range of investment possibilities that fit your needs. Known as investment instruments.
• The investor has the possibility to choose the instrument that best suits him.
• It is that it allows the investor to see a real opportunity in the market with growth opportunities and without knowing the branch to enter.
• Stock market investors are the ones who enable a company to grow because they are the ones who provide the money to achieve it.
• To invest you do not have to be aware of the investment made, since it takes a reasonable time for it to increase its value.

Disadvantages:

• One of the disadvantages is that you have to choose the right time to invest in it, which is why they say it's advisable to read the stock market index.
• To have the money it takes 3 or 5 years, it means that in that time you will not be able to use it.
• When investing in the stock market, short-term financial losses are possible (but that shouldn't intimidate you).
• The different types of financial assets are subject to the volatility of the exchange market.
• Another risk is that since this type of investment also depends on the supply and demand of the market, it is possible that you lose at a certain moment.
• There is a liquidity risk that there are no buyers at the time you go to market the asset.
• The shares do not have short-term maturities.

Types of securities:

• Bills of exchange.
• Checks.
• Promissory notes.
• Invoices.
• Bonuses
• Mortgage credits.
• Actions.
• Treasure letters.

15 of the best stock markets

1. The New York Stock Exchange in New York.
2. The Nasdaq stock market operates from New York.
3. The London Stock Exchange in England.
4. The Tokyo Stock Exchange in Japan.
5. The Shanghai Stock Exchange in China.
6. The Hong Kong Stock Exchange in Hong Kong.
7. Euronext is located throughout Europe (France, Portugal, the Netherlands and Belgium).
8. Shenzhen Stock Exchange in China.
9. TMX Group Canadian Stock Exchange.
10. Deutsche Börse German stock exchange.
11. Bombay Stock Exchange in India.
12. National Stock Exchange of India.
13. SIX Swiss Exchange Zurich stock exchange.
14. Australian Securities Exchange in Australia.
15. Korean Stock Exchange in South Korea.

In light of the current global situation, such as the COVID-19 pandemic, millions of people have become unemployed. The pandemic has created a demand for new types of jobs that were never previously thought to be needed.

As, for example, they are: Contact Tracers, Covid-19 testers, Covid-19 Caregivers, Screeners who are those people who serve as filters in Airports, Restaurants, Schools and Companies. Law enforcement officers who are the ones who take care of social distancing. Manufacturers of screen installers who are the ones who divide the establishment with plexiglass shields. The mask vendors, the zoom support specialists.

This shows that in whatever circumstances there are opportunities for financial freedom, it only remains for one to explore the needs of the environment in which you develop to find an opportunity where you can venture and achieve your desired financial freedom.

Companies such as Amazon, Costco, Walmart or Domino's Pizza are requesting staff to respond to the high demand for online products.

As a result of the Covid-19 pandemic, the labor market is changing and there are endless possibilities to enter it and achieve the economic independence that we have all dreamed of.

Only, as we have said before, we have to keep our eyes wide open to detect the opportunities that come our way and have the courage, perhaps because it is unknown terrain, but following the types of guidelines that we have previously mentioned. To enter the market in a safe way and ensuring success. And the arrival of your financial freedom.

Another possible option for achieving financial freedom is to enter the world of trading. Trading requires certain characteristics:

• It requires a lot of concentration, emotional control, patience and discipline.
• This can be exercised live anywhere, since this is operated through a computer.
• To learn about the subject it is recommended to research and read a lot.
• You only need an internet connection to operate. And you can do it from anywhere in the world.
• Another point is that you set your own schedule.

Trading is a very flexible alternative. You can configure it to suit you and you learn and train. Financial freedom begins by making money in different ways to start acquiring assets.

Advantages of Trading

• It is that you have control of your methodology, strategies, development of your skills and improvement of your skills in the market.
• Not having to adhere to a schedule, the detail is deciding what time of day you will work and how much of the day.
• It gets easier over time and your benefits can be higher and higher.

Disadvantages of Trading

• It is that in this environment many emotions are handled and then you will have to control them and make good use of them.
• There are no salaries if you do it full time. But if you do it alternating with another job it can be attractive.
• Managing market information has its ups and downs. And the trader has to stick to the plan and continue to evaluate the new information that arrives in the course of it.

In conclusion, trading is the process of buying and selling an asset to sell it at a higher price or sell it to buy it back at a lower price and do so as an investment.

PREMIUM QUALITY 

• Day trading is when the investor opens and closes trades within the same trading day.
• Scalping is where the investor operates in short periods throughout the day with operations that can last seconds.
• Swing trading is one where the operations are left open at the end of the day and usually have a duration of ten days.
• Trend or directional trading has no time limit and consists of taking positions in the market in favor of the trend.

Requirements for your application

1. Have a personal computer, preferably a laptop, and have an internet connection.
2. Hire a broker that provides the trading platform.

A broker is an individual or company that organizes buying and selling transactions in certain sectors and, in return, charges a commission when the transaction is executed. Therefore, if you get into trading, it's vitally important to research the broker you plan to work with.

"The secret to trading success is to have an unflagging, undying, and insatiable thirst for information and knowledge." Paul Tudor Jones. To trade successfully, you need to have certain knowledge of:

• Technical analysis.
• Fundamental analysis.
• Deep knowledge of the market.
• Psycho-trading.
• Knowledge of capital management (moneymanagement).
• But above all, maintain continuous training.

Let's talk about the forex market, also known as FX or foreign exchange. It's the exchange of one currency for another at an agreed price. This is a market where all the world's currencies are exchanged, where transactions are fast and cheap. And they are completed without the need for a supervisor.

Forex is a globally traded market open 24 hours a day, five days a week.

Trading platforms

• XTB
• Etoro
• Avatrade
• Darwinex
• 24option
• Plus500
• IQ Option
• Pepperstone

One of the best forex trading platforms for beginners because of its more user-friendly interface is the first option, Etoro.

Achieving financial freedom through trading is a long and difficult road, more difficult than we can imagine, but if you are consistent in trading, that is one of the biggest turning points because people get tired and give up.

But like any entrepreneur embarking on financial freedom, a successful trader must be prepared for any unforeseen event. This means that a fundamental part of success is planning ahead for unforeseen events that occur and can happen. With proper planning, you can emerge victorious because you've already set aside a budget for these types of situations without losing your capital.

After reading extensively about financial freedom, one might conclude that to achieve it, one must invest in everything that puts money in your pocket. For example, a car is a liability because you need to buy gas, pay for insurance, and pay for repairs. What the car does is take money out of your pocket and put nothing there. On the other hand, if we use this same car to transport things in exchange for money, it becomes an asset.

That is, an asset is anything that puts money in your pocket, and a liability is anything that takes money out of your pocket. In the case of the house you live in, it's a liability for you since you live in it, pay for heating, energy, and renovations. But if you rent that house and those monthly payments are higher than the expenses it generates, it's an asset.

Knowing if you have assets and liabilities is simple. If you were laid off and aren't earning a salary that generates income, you have no assets. But that doesn't mean you shouldn't have a house, a car, a cell phone, and a computer. Of course, you need all of these to make a living, but if you understand the concept of assets and liabilities, you'll understand where your money comes from.

Since it is very important to know where your money is going to be invested, it is the first step to generate passive income.

Suppose you have $30.000 and you want to buy a new truck, you have two options, one is to buy the truck and the second is to buy a house where you can use it by renting so that they generate $200 per month and use this money for the monthly payment of a Toyota . The rich first invest in assets and then use this money in liabilities.

What I'm trying to say with this is that no one has the absolute truth about how to become financially free or what you need to do to achieve it. What we can tell you is that this is a process, like everything else, that takes time to materialize and that you must follow a series of steps to achieve it. You may need to give up some habits that aren't recommended for achieving your goal. You'll need to carefully consider where you're going to invest.

Unforeseen events may arise along the way, making you think, "This isn't for me." The important thing is to maintain a positive attitude in all circumstances, because not everything is easy, and sometimes things take time.

But that doesn't mean you didn't achieve it; on the contrary, it should fill you with pride because despite the circumstances you find yourself in, you have the desire to do something different for yourself and others. You have to be consistent in your goals and not let yourself be influenced by what others will say or think. Only you know everything you've done to reach that long-awaited moment of financial freedom.

It's important for you to know that there's a lot of information on the subject that you can check out to expand your knowledge. It's also very extensive, and it's vitally important to know everything in order to get the most out of it.

But if you do decide to do it, it's important to know that not everything the books say is 100% true. And that the same techniques won't work for everyone else. This is a trial and error test to perfect the art of entrepreneurship and achieve what you truly desire over time.

Nor will you achieve financial freedom in the blink of an eye. That takes a process from the moment you create the idea in your mind to the moment you put it into practice and see results.

This means it requires a little patience, which is sometimes difficult because immediacy is part of everyday life. But in these cases, it's essential to take things step by step to avoid mistakes and missteps that can lead to lost money.

About entrepreneurship and what we should invest in to capitalize on our daily income. And thus, earn more profits that allow us to live a life we're happy with and where our time is our main objective. So we can continue doing other things that also fulfill us (family, school, travel, etc.)