Do you experience financial freedom today or lay awake during bed time worrying about money?
Are you burdened with debts?
Are you ashamed and afraid to open your credit card bill when it comes?
Do you and your family quarrel about money?
Can you still save in the bank?
Is your job secure?
Is money a daily struggle?
There are numerous question that you can ask when you talk about financial freedom. Though I am not yet a financial expert guy to tackle this in details, but when you talk about being financially free, it always interests me.
The reason I put up this blog is to test and expose that Filipinos can really make money online through blogging, SEO, freelancing and other internet activities. Since I love surfing the net, I wanted to figure our how to be more financially productive while enjoying the things I love most.
Here’s a fact I learned over the past 6 years as an employee. That – “You and no one else are totally responsible for your financial situation.” These images below from http://www.financialfreedomtrail.com/ can clearly illustrate how financial freedom is differentiated between taking control of money and your money controls you…
Where does blogging come to the picture?
Are you aware of the types of income? The two most common types of earning are Active and Passive income.
Actives income is simplyexplained this way. You trade your hours in exchange of a salary. You earn by the hours you spend working. So the longer time you work will equivalent your salary. But if you don’t work, you will not earn the day’s payout. This is commonly known as a job.
While passive income is the money you get from an asset you purchased or created. For example, if you were to buy a house and rent it out for more money than it costs you to pay your mortgage and other expenses, the profit you make would be considered passive income. Blogging typically falls under passive income. To know more about this, read http://dreamhousewebsolutions.net/why-i-want-to-pursue-an-online-business-from-blogging