GAINING FINANCIAL FREEDOM #1

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Think about this. Every  morning, you wake up, every other person who has the mind of an investor, is making money by the second, while you are contributing to their wealth, without having a plan to replenish your own wealth, since you have no investment plan. 

Dont ask me how, check how much you have gained from all that you spend daily.

Thinking about that might not make much difference to you, Although your time on steemit is not a wasted time, true, but think about financial freedom. Where you dont have to look at pricetags to get the things you want and need.

To attain financial freedom our mind must constantly be in search of new investment plan that suits your person, and creates profit for you hourly, daily or weekly not just at the end of the month. 

Beyond the salary you earn there should be that extra income that covers those inevitable expenses and creates room for investment and savings.

**A little about savings & investment**

While both savings and investment are important there are a few differences between them.

**Savings**

I have classified savings into two 

**piggybank savings**

**bank savings**

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With the piggy bank savings your money increases because you keep puting money in it. The value of money saved can be affected if there is inflation or deflation. Anyway, its not a bad endeavour.

With the bank savings you can make extra money for saving your money because of the interest rate but remember you have all those charges that sips your money like a drink. Not bad too because you can actually save in what is called a fixed deposit and make good money.

Talking about **investment** it is a higher form of saving in my opinion, your returns are sure if you have invested in the right platforms. I can boldly say investment is letting your money or your time create profit for you.

It could be risky but the more risk involved the greater the reward.

I will stop here for now and continue in my next post on **Financial Freedom**

GAINING FINANCIAL FREEDOM #1 | Ecency