Money Matters: 5 Steps to Achieving Financial Freedom 133

Money Matters: 5 Steps to Achieving Financial Freedom

Financial freedom is something that all people, regardless of culture or background, hope to achieve. The fact that so many can’t do so shouldn’t stop us from making it our goal. As unscalable a mountain as it might seem, a well-thought-out plan and the willingness to stick to it over the long term can be your best asset in reaching the summit.

Here are five steps to help you on your journey:

Eliminate Debt

Debt is the first thing people need to address before getting anywhere. If and when an emergency arises, fast cash loans with low interest are a much safer alternative than a high-interest loan from a bank or payday lender.

Learning how these low-interest microfinance programs work to relieve short-term pressure, without adding to the problem, is essential in reaching fiscal freedom.

Unmanageable debt can be a seemingly insurmountable impediment to putting your finances in order, and your first goal should be to slowly, but surely, eliminate it.

Have Patience

The reason so many people fail to reach their financial goals is that they give up too easily.

The average working American owes $4,717 in credit card debt, which, at an interest rate of 15% and a minimum payment of $189, will take slightly over ten years to pay off.

No meaningful change happens overnight, but most don’t think like this. Instead of figuring out how to eliminate their debt with a well-thought-out strategy and generous helping of patience and self-discipline, too many people succumb to the lure of easy money and pile on more debt, ensuring that they will never escape the cycle

Envision Yourself Already There

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We should never underestimate the power of positive thinking. Staying positive throughout this journey and focusing squarely on your goals and objectives is key to achieving success.

No ship leaves the harbor without its captain knowing its destination and neither should you. Being at the helm of your own life’s course and envisioning your goals will not only keep you firmly on track, but it will also help you overcome any hurdles you may encounter along the way.

Start Saving

This step might sound easier said than done but by once you’ve reduced or eliminated your debt, much of your income will no longer disappear as soon as it arrives. Your next move should then be to start saving that extra cash.

With more disposable income, many fall into the trap of spending more. That fancy new sports car or backyard pool can wait! Focus sharply on your priorities and the progress you’ve made. As Dave Ramsey’s famously put it:

“We buy things we don’t need with money we don’t have to impress people we don’t like.”

Passive Income

For many families, one, or even two, steady paychecks is not always enough in today’s economy. For this reason, it pays to research additional revenue streams that you can establish without excessive, ongoing investment of time and effort.  

There are many ways to generate passive income, and with a bit of imagination and ingenuity you can supplement your primary income and relieve some of the monthly pressure. From blog or affiliate marketing to real estate investment or stock trading – the possibilities are nearly endless.

Financial freedom is closer to most people’s grasp than they realize. With some foresight, patience, and determination to get there, you too can finally live ever more elusive American Dream.

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5 Online Degrees That Pay Well and Lead to Great Employment Opportunities 4

5 Online Degrees That Pay Well and Lead to Great Employment Opportunities

Online programs range from diploma mills employers knowingly screen against to brand name universities issuing degrees equally valued by employers and employees. But many online degrees teach you skills employers will readily pay a premium for and will give you great employment opportunities.

Here are the 5 best online degrees for employment.


We still pay people quite a bit of money to keep track of our money, whether as individuals or organizations as a whole. Those with a degree in accounting earn more than the average person with a business degree.

If you upgrade to a master’s degree in accounting, you’re well on your way to a lucrative position as a CPA.

If you specialize in tax accounting, you would work as a tax preparer full time or seasonally, while those working in bookkeeping are well paid whether working full time or part-time.

If you earn a degree in accounting after working as a life coach or personal development, you could become a personal finance advisor. Or simply work in accounting, a field expected to grow 13% over the next ten years despite the increasing use of personal accounting software.

If you are looking for a reputable online accounting degree, there are a number of Kaplan Online Programs you can choose from which are all highly recommended.


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Businesses pay people to find out how to better understand their customers and speak to them. This is why marketing assistants earn thirty to sixty thousand dollars a year, while experienced marketers earn much more.

If you have copywriting skills like determining which keywords should be integrated into a webpage to put it front and center before a target demographic when they’re ready to buy, you’ll make even more.

If you have a track record of success or management skills, you could easily earn a hundred thousand dollars a year running a marketing department. Not only that, but online marketing degrees are highly respected since marketing and other financial degrees transfer very well online.

Human Resources

Human Resources has become far more complex over the past few years as rules and regulations that companies have to abide by exploded in number.

Hiring, firing, promotions, and training have to be done per complex procedures if you want to minimize the risk of a lawsuit. And whether it is required by state law or guidelines set by federal contracts, you have to fill out a number of reports each month, quarter and year on your workforce.

This means that working in HR is no longer something you do when you want a break from ordering office supplies. It requires training in the law, industry-specific software and procedures. If you earn an online degree in Human Resources, you’ll be eagerly sought after by many companies’ personnel departments.

Video Game Design

While Hollywood’s blockbuster seasons get reported on the news, the reality is that people spend several times that much on video games per year. This money is increasingly spent on digital releases over physically purchased game disks, and spending is shifting toward subscription services and apps.

The sheer amount of money means that even free games that make money through advertising or in-game purchases have to look good, while expensive games have to offer rich visuals to keep the audience engaged.

This has led to the appearance of video game design and video game arts as its own degree program, separate from the general graphic arts. If you have this expertise, you’ll find decent paying jobs with a number of companies as well as gaming app startups. And this degree means you don’t have to spend a lot of time learning to code, either.

Not only that, but with an online degree in video game design, you could get the foundation to create your own video game development company, all from the comfort of your home.

Database Administration

IT is a hot degree today, but learning how to code can seem daunting, and staying up to date with the constantly evolving programming languages is a challenge.

Conversely, database software has been relatively stable, and companies are seeing their stored data grow by 10% a year or more. The solution is larger and more complex databases and more database administrators.

If you earn a degree in database administration, you could work in a number of industries. Whether you’re controlling access to product data, managing customer data or mining data from the IoT, you have a good career in IT ahead of you.

And with the advent of Big Data and advanced data analytics, database administration degrees should continue to be in high demand for years to come.

All these careers have great prospects and adapt themselves very well to online education. This will not only mean that employers will be more inclined to consider you but will give you the same full spectrum of skills any traditional degree would.

Online programs range from diploma mills employers knowingly screen against to brand name universities issuing degrees equally valued by employers and employees. But many online degrees teach you skills employers will readily pay a premium for and will give you great employment opportunities.  Here are the 5 best online degrees for employment.