How can I be Financially independent this year?

[Mataracy]

To be financially independent is left in one's hand.

You need to plan and at the same time take step because without taken step one will not be able to move forward.
Some time you need to reduce your spending so that you can save.
Saving is also important because when you save you will also make sure you discipline yourself so that you will not spend it at last.

 

[Gamboakas]

Many people have business ideas but the main problem or reason is lack of business capital especially me in particular I have my own personal business plan which is written but lack of capital hinder me from putting it into practice which willingly this year everything will come to pass.

 

[Deleted member 28873]

To be financially independent is a situation every body wants to be in but its actually not meant for everyone most people are born husslers.This are the ways I think any one could be financially independent.Visualize first, then plan. Start by considering what your vision of
financial independence actually looks like – and then get a reality check. ...
2. Budget. ...
3. Spend less than you earn. ...
4. Build smarter safety nets. ...
5. Eliminate debt. ...
6. Consider your career. ...
7. Downsize. ...
8. Invest frugally.1.Visualize first, then plan. Start by considering what your vision of financial independence actually looks like – and then get a reality check. Qualified financial experts can examine your current financial circumstances, listen to what financial independence means to you and help you craft a plan. The path to financial independence may be considerably different at age 20 than it is at age 50; the more time you have to save and invest generally produces a better outcome

 

[Thosynho]

Last year which was the pandemic year was a really low year for me. There were so many things that ate my meagre finances last year. From the Covid-19 pandemic and lockdown which affected my source of income, to the End Sars protest which happened in Nigeria. Plus the border the Nigerian government closed 2 years ago with her unfavorable and elitist policies. It was r a really low year for me.

Many companies including mine downsized which affected a lot of staffs. This year, 2021 is a brand new year and I would live to be really independent financially and no depend on someone or an organization for my daily meal. Please suggest businesses I can engage so as to be financially independent in the year 2021.

You can be financially independent this year when you start to invest in different businesses which include both online and offline businesses. Your different investments will make you financially stable and earn you income. Try to invest in both short and long time businesses. The short time investment will earn you money on weekly or monthly basis while time investment could be bi-annually or annually depending on the kind of trade.