A community-oriented approach with a progressive editorial stance, striving for transparency and encouraging readers to consider multiple perspectives.

Wednesday, July 9, 2025
booked.netCall us at 613-935-3763
Eco-conscious : Print an issue, plant a tree! 

No products in the cart.

  • About
    • Contributors
    • Disclaimers
    • Terms & Conditions
    • Giving back
    • Mission Statement
    • Past Issues
    • Where to Find
    • Call us at 613-935-3763
The Seeker - Positively Local, Suporting Local
  • Home
  • News
  • The Soapbox
  • Columnists
  • Events
  • Advertise!
    • Online
    • In Print
  • Puzzles
  • Videos
Seeker
No Result
View All Result

Ways To Achieve Financial Independence

Jane Doe by Jane Doe
April 1, 2019
in You May Also Like
Reading Time: 3 mins read
0

Whenever people think about financial independence, they think of a bulk sum of money that they can use to change their lives. They usually think of winning the lottery or getting an inheritance from some rich distant relative they didn’t know about. Truth be told, however, achieving financial freedom isn’t about getting a huge injection of money into your bank account, but a lifestyle. Financial independence means that you have enough of an income to sustain your living expenses for the entirety of your life without the need to work a full-time job.

You might also like

Best Practices for Patient Onboarding

Top 10 Gifts Any Classic Car Enthusiast Will Love

How Our Idea of Natural Beauty Is Changing in the Digital Age

We’ll look into ways that can help you achieve financial independence and find what works for you.

1.    Keep a buffer on your budget

It wouldn’t do well to spend as much money as you’re earning. While only you can decide how much of your paycheck you have to live with every week, it’s generally a bad idea to use up 100% of it every single time. It really doesn’t matter if you’re earning 10 times of what you are now, if your savings have nothing to show for it, you’re still going to stress over your finances. Whenever you plan for your weekly or monthly budget, allow breathing room on your expenses, so you can actually save a bit of money in case of emergencies.

2.    Set aside money for investment and real estate

A huge mistake many people make is living paycheck to paycheck, with very little regard for the future. There will come a time when you are no longer physically able to work, and the money will stop flowing. What will you do then? Putting money into investments will allow your finances to grow and allow you to secure your future, even if you no longer have to work.

Real estate generally is a good place to start for a savvy investor. If you don’t know a thing about real estate, however, there are advisors and resources you can make use of to help you maximize your investments. One such article on 1031 Exchange Real Estate talks about making the most of the money you earn in your prime and help you improve your real estate portfolio.

3.    Live within your means

One of the best ways to achieving financial stability is by simply curbing your expenses. Many people don’t have an idea how much they spend every month and find themselves constantly struggling days before getting their paychecks. By simply keeping track of your expenses and spending less, you can ease up a huge strain on your money.

A good way of lessening your expenses is to not rely too much on your credit cards. Don’t buy something you don’t actually have money for, because that basically mean debts, and debts mean interest rates, meaning you’ll end up paying more eventually. Pay with actual cash or use a debit card instead.

Living a frugal lifestyle to achieve financial independence doesn’t necessarily mean living cheaply. It basically just means that you need to put more effort into saving your money for the future and for investment. If you have a decent salary, you can live off of as much as 50% of it and still be comfortable. Discipline is the key. You should own money, not the other way around.

Jane Doe

Jane Doe

The information contained in this article is for informational purposes only and is not in any way intended to substitute care or advice from a professional.

Next Post

Free $200 of Energy Saving Upgrades at Cornwall Spring Home and Leisure Show

Categories

  • Business & Finances (15)
  • Columns (636)
    • Archived (116)
      • Filter-Free Zone (10)
      • For What it's Worth (37)
      • Fostering Change (2)
      • Memo from the Mayor (2)
      • Men Writes (26)
      • Mortgage Tips (1)
      • Seeker Snippets (22)
      • Take Note (6)
      • Which Witch is Witch? (10)
    • Current (397)
      • Appreciating Contemporary Art (3)
      • Discover SD&G (36)
      • Fashionably Marlene (13)
      • From Sharyn's Pantry (7)
      • Gardening – Ask Anna (28)
      • Grant Spills the Gravy (10)
      • Jay's Tech & Cyber Insights (4)
      • Keeping it Reel (27)
      • Local Spins from Bud's Records (9)
      • Louise Mignault (58)
      • Mental Health Matters (11)
      • Out and About (51)
      • Outdoor Club (24)
      • Reality Bytes (8)
      • roadSIGNS (32)
      • Smart Move with Sondra (4)
      • The Resilient Life (5)
      • Transition Cornwall+ (16)
      • What I'm Reading (2)
      • Wondrous Life (34)
      • Yafa Arts & Craft (22)
    • Friends of the Cline House (2)
  • Douris Deliberations (6)
  • Events (1)
  • Health & Fitness (11)
  • Home & Garden (11)
  • Interviews (159)
    • 5 questions with… (106)
    • Business Profiles (2)
    • Locals in the Loupe (49)
  • Leisure & Lifestyle (736)
  • News (2,576)
    • Ontario (1)
  • Politics (24)
    • Federal Elections (10)
    • Provincial Elections (10)
  • Science & Technology (46)
  • Sports (3)
  • The Adventures of D.B Cooper (1)
  • The Soapbox (260)
    • Agree to Disagree (114)
  • This May Also Interest You (1,594)
  • Travel (52)
  • You May Also Like (971)
Facebook Twitter Instagram Youtube TikTok
Don't miss anything!

Get notified of all our new news by ringing the bell at the bottom left corner!

Content Safety

HERO

theseeker.ca

Trustworthy

Approved by Sur.ly

2024
Disclaimers
Stock Photos partially provided by our partner Depositphotos
The Seeker Newspaper is located at 327 Second Street E., Cornwall, ON K6H 1Y8 -- All rights reserved
The Seeker does not accept responsibility for errors, misprints or inaccuracies published within.Please note that the views and opinions expressed in news article are solely those of the authors and do not necessarily reflect the official policy or position of The Seeker. The content provided is for informational purposes only and has been written from the authors’ perspective, aiming to engage and inform readers. The Seeker is committed to presenting a wide range of viewpoints and encourages readers to conduct their own research and exercise critical thinking when considering these opinions in the context of their own perspectives.
ISSN 2562-1750 (Print)

ISSN 2562-1769 (Online)
No Result
View All Result
  • Home
  • News
  • The Soapbox
  • Columnists
  • Events
  • Advertise!
    • Online
    • In Print
  • Puzzles
  • Videos

© 2023 Reducing our footprint!   For every issue we print, we plant a tree!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.